$12,000,000
240 Tangier Avenue
Palm Beach, FL 33480
MLS# B26003619
Status: Closed


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Oversized 17,000 sqft lot
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Oversized 17,000 sqft lot Moments to the beach On the sunny south side of the street Direct Lake Trail Access Atlantic Ocean

Property Description
Rare opportunity to secure an oversized 17,000 sq. ft. lot on the coveted sunny South Side of Tangier Avenue, one of Palm Beach Island's most desirable near town North End streets. Positioned on a prime stretch known for its light and proximity, this property offers an exceptional setting to reimagine or create a custom residence tailored to your vision. Moments from wide, private beaches and the Lake Trail, with easy access to town, this address captures the ease of Palm Beach living. Bike to Worth Avenue, enjoy the ocean, and embrace the island lifestyle.

Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2026-03-18
Status: Closed
Original List Price: 12900000
Sold Price: $12,000,000
Current Price: $12,000,000
Listing Service: Full Service
LP/Acre: 32051282.05
LP/Frontage: 125000
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 240
Street Name: Tangier
Street Suffix: Avenue
City Name: Palm Beach
Municipality Type: Incorporated
Municipal Code: 50
State Or Province: FL
Postal Code: 33480
Postal Code +4: 3516
Postal Zip: 33480
Subdivision Name: TANGIER EST
Area: 5001
Geographic Area: PB30
Parcel Number: 50434314010000230
Subdivision Number: 1
Zoning: R-B (city)
Flood Zone: AE
County Land Use: 01
General Property Information
Transaction Type: Listing For Sale
Property Sub Type: Unimproved Land
Lot Size Acres: 0.39
Lot Size Square Feet: 16988.4
Lot Depth: 170
Property Description: SINGLE FAMILY RESIDENTIAL
Lot Frontage: 100
LP/Assessed Value: 4.37
LP/SqFt: 735.8
Financial Information
Master Association YN: No
Membership Fee Required YN: No
Tax Year: 2025
Tax Annual Amount: 43117.39
Tax Assessed/SOH Value: 2863675
Tax Legal Description: TANGIER ESTATES LT 23
Assessor Market Value: 10899110
Status Change Information
Major Change Timestamp: 2026-08-10T22:30:32Z
Major Change Type: Status Change
Price Change Timestamp: 2026-05-05T22:47:58Z
Status Change Date: 2026-08-10
Under Contract Date: 2026-05-26
Close Date: 2026-08-10
Close Price: 12000000
Buyer Financing: Cash
SP/Acre: 30769230.77
Originating Details
Originating System Key: 20260318104000219220000000
Originating System ID: M00000170
Property Features
Current Use: Residential
Development Status: Recorded Plat
Documents Available: Survey; Other
Environmental Audit: Unknown
Possession: Close Of Escrow
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Available; Phone Available; Sewer Connected; Water Connected
Listing Terms: Cash
Lot Features: Home; Landscaped; Oversized Lot
Road Surface Type: Paved
Tax Information: Homestead Exemption
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Text Listing Agent
Contingencies: None
Elevation Description: 0-5 Feet Above Sea Level
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

IDX
Listing Office: Compass Florida LLC
Source MLS Verified

Last Updated: September - 08 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.


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