$9,000,000
Palm Beach, 33480
MLS# R2343752
Status: Closed
5 beds | 6 baths
Property Description
45,190 SQ FT DIRECT LAKEFRONT ACRE W/145FT OF BEST WATER FRONTAGE THIS IS THE ONLY PROPERTY ON PB FACING SOUTHWARD FOR UNIQUE, PANORAMIC UNSPOILED VIEWS. IDEAL LOCATION AND LOT TO BUILD LARGE ESTATE HOME. PROPERTY IS BEING SOLD FOR LAND VALUE ONLY. EXISTING HOUSE IS VINTAGE 1940' AND WOULD REQUIRE TOTAL RENOVATION.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2003-07-22
Status: Closed
Original List Price: 10600000
Sold Price: $9,000,000
Current Price: $9,000,000
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 318
Street Name: CARIBBEAN
Street Suffix: Road
City Name: Palm Beach
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: N/A
Area: 5001
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434234030000750
Zoning: RA
Directions: OKEECHOBEE BLVD TO PB;NORTH ON AIA; LEFT ON CARIBBEAN RD TO END
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: 1
Year Built: 1940
Lot Size Dimensions: 45,190 SQ FT
Frontage Length: 145
Senior Community YN: No
Waterfront YN: 1
Stories Total: 2
Stories: 2
Direction Faces: Southwest
Pool Private YN: Yes
Spa YN: Yes
Furnished: Unfurnished
LP/Assessed Value: 2.06
Financial Information
Tax Annual Amount: 44228
Tax Year: 2002
Tax Assessed/SOH Value: 5151227
Tax Legal Description: BOCA RATON CO LAKE FRONT ADD LTS 75 & 88 & W 3 FT PT OF LT 93 IN OR78P351 (LESS PT IN OR3341P1040) &
Status Change Information
Major Change Timestamp: 2003-07-22T05:00:01Z
Major Change Type: New Listing
Status Change Date: 2004-01-16
Under Contract Date: 2003-09-29
Close Date: 2003-10-07
Close Price: 9000000
Buyer Financing: Cash
Boat and Dock Information
Dock: Yes
Boat Max Length: 40
Dock Details: 1
Boat Dock Accommodates: Up to 40 Ft Boat
Pool Size Details
Pool Size (WxL): 30 X 18
Price Calculations
Original List Price To Close Price: 1.17
Originating Details
Originating System Key: 20130204144302538665000000
Originating System ID: M00000170
Property Features
Electric: Three Phase
Flooring: Other
Property Condition: New Construction
Boat and Dock Features: Electric Available; Lift; Private Dock
Construction Materials: Frame; Stucco
Cooling: Central Air
Heating: Central
Interior Features: None
Listing Terms: Cash
Lot Features: Cul-De-Sac; Fruit Tree(s); Many Trees
Other Equipment: None
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition; Shingle
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler
Tax Information: City/County; Homestead Exemption
Utilities: Sewer Available; Water Available
Water Access: Ocean Access
Water Source: Public
Waterfront Features: Intracoastal; Lake Front; Point Lot; Seawall
Showing Requirements: Appointment Only
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: 1 To Less Than 2 Acre Lot
Room Information
| Room Name | Length | Width |
| Kitchen | 10.00 | 20.00 |
| Living Room | 20.00 | 30.00 |
| Master Bedroom | 20.00 | 30.00 |
Listing Office: Sotheby's Intl. Realty, Inc.
Last Updated: July - 24 - 2026
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