3050 S Ocean Boulevard, Manalapan, FL 33462

$9,850,000
5
BD
7
BA
7,000
SqFt
Sold Price
$9,850,000
List Price
$10,950,000
Closing Date
Jun 16, 2021
MLS#
RX-10704133
Bedrooms
5
Bathrooms
7
Sq. Ft
7,000
Lot Size
55,017
Subtype
Single Family Detached
County
Palm Beach
Community
Gedney Vs Pierson
Subdivision
Gedney Vs Pierson
Year Built
1942

Property Description

This is an exceptional value at just $9.5M per acre. Incredible opportunity to build your Oceanfront dream home on this 1.27 acre Ocean to Intracoastal property in the exclusive enclave of Manalapan. New building ordinances allow for a home to be built on the Oceanfront parcel. This Ocean to Intracoastal property is a true boater's paradise allowing immediate access to the Atlantic Ocean through the South Palm Beach Inlet located only 3 minutes away. There is, also, the potential for developing sheltered dockage within or adjacent to the protected cove on the intracoastal side.

Additional Information

Front Exposure
East
Governing Body
None
Pets Allowed
Allowed
Status Label
CLOSED
Construction
Other
Cooling
Central
Equipment
None
Flooring
Wood Floor
Furnished
Unfurnished
Heating
Central
Lot Description
1 to < 2 Acres
Rooms
Family
Window Treatment
Verticals
Taxes
$48,651
View
Intracoastal, Ocean
Total Floors
3
Waterfront
Intracoastal, No Fixed Bridges, Ocean Access, Oceanfront
Stories
3
Utility
None
Acres
1.26
Price Per Acre
68140036.8
Price Per Sqft
$1,407

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Douglas Elliman (Palm Beach). Contact:

Selling Office: Bonaparte Real Estate LLC.