$14,343,925
Palm Beach, FL 33480
MLS# R11035271
Status: Closed
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Property Description
Fantastic 29,185+/- square foot lot. Excellent Ocean Block location on Wells Road. Renovate or build your dream home!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2024-11-07
Status: Closed
Original List Price: 21900000
Sold Price: $14,343,925
Current Price: $14,343,925
LP/Acre: 28078233.81
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 157
Street Name: Wells
Street Suffix: Road
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: WELLS CIRCLE REPLAT PB26P244 & PB28P52
Area: 5001
Geographic Area: PB30
Parcel Number: 50434314180000010
Zoning: R-B
General Property Information
Property Sub Type: Unimproved Land
Lot Size Acres: 0.67
Lot Size Square Feet: 29400
Minimum Livable Area: 4437
Direction Faces: East
LP/SqFt: 644.56
Status Change Information
Major Change Timestamp: 2025-10-21T20:01:09Z
Major Change Type: Status Change
Price Change Timestamp: 2025-03-13T18:03:36Z
Status Change Date: 2025-10-21
Under Contract Date: 2025-09-15
Close Date: 2025-10-20
Close Price: 14343925
Buyer Financing: Cash
SP/Acre: 21253407.91
Short Sale Details
Short Sale Addendum: No
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Original List Price To Close Price: 1.52
Financial Information
Tax Year: 2024
Tax Annual Amount: 24312.8
Tax Legal Description: WELLS CIRCLE LT 1 & W 1/2 OF LT 2
Originating Details
Originating System Key: 20241110132830104875000000
Originating System ID: M00000170
Property Features
Current Use: Single Family
Development Status: Recorded Plat
Documents Available: None
Electric: Three Phase
Location of Property: Subdivision
Possession: Close Of Escrow
Possible Use: Single Family
Trees: Other
Utilities: Electricity Available; Water Available
Vegetation: Grassed
Listing Terms: Cash; Conventional
Lot Features: Home
Road Frontage Type: East of US-1
Road Surface Type: Paved
Water Source: Public
Contingencies: None
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: Christian Angle Real Estate
Last Updated: January - 13 - 2026
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