$4,750,000
1875 S Ocean Boulevard
Delray Beach, FL 33483
MLS# R3232445
Status: Closed



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Property Description
OCEAN FRONT, WIDE BEACH: PROPERTY IS CURRENTLY A 23 UNIT MOTEL KNOWN AS ''THE BREAKER'' ZONED RM 23 MULTIFAMILY UNITS OR UP TO 10 SINGLE FAMILY RES - MINIMUM 8,000SF LOTS; HEIGHT RESTRICTION 35 FT; READY FOR REDEVELOPMENT

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2011-10-14
Status: Closed
Original List Price: 19900
Sold Price: $4,750,000
Current Price: $4,750,000
LP/Acre: 9950000
LP/Frontage: 96601.94
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1875
Street Direction Prefix: S
Street Name: Ocean
Street Suffix: Boulevard
City Name: Delray Beach
State Or Province: FL
Postal Code: 33483
Postal Zip: 33483
Subdivision Name: none
Area: 4140
Geographic Area: PB05
Parcel Number: 12434628000001070
Zoning: RM
Directions: LINTON BLVD EAST TO S OCEAN BLVD SOUTH
General Property Information
Number Of Lots: 1
Lot Size Acres: 2
Lot Size Square Feet: 87120
Lot Size Dimensions: 206*359*365*186
Lot Depth: 186
Waterfront YN: 1
Frontage Length: 206
Lot Frontage: 206
Direction Faces: East
LP/SqFt: 228.42
Status Change Information
Major Change Timestamp: 2011-10-14T21:41:00Z
Major Change Type: Price Change
Price Change Timestamp: 2011-10-14T21:41:00Z
Status Change Date: 2012-03-02
Under Contract Date: 2012-02-29
Close Date: 2012-03-01
Close Price: 4750000
Buyer Financing: Cash
SP/Acre: 2375000
Financial Information
Tax Year: 2011
Tax Annual Amount: 109739
Originating Details
Originating System Key: 20130214113834019272000000
Originating System ID: M00000170
Property Features
Comprehensive Plan Use: Other
Current Use: Multi-Family; Single Family
Development Status: Recorded Plat
Documents Available: None
Location of Property: Beach Access
Special Information: Clearing Required
Trees: Partial Tree Coverage
Utilities: Electricity Available; Water Available
Listing Terms: Cash; Conventional
Road Frontage Type: Public Road
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front

IDX
Listing Office: Touchstone-Webb Realty Co.
Source MLS Verified

Last Updated: January - 13 - 2026

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