$9,200,000
Palm Beach, FL 33480
MLS# R3194671
Status: Closed
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Property Description
Rare intracoastal building opportunity! The last remaining buildable parcel with high elevation and total privacy. Sought after location close to town, stunning views, deep water dock. Survey available.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2011-04-28
Status: Closed
Original List Price: 11900000
Sold Price: $9,200,000
Current Price: $9,200,000
LP/Acre: 15362318.84
LP/Frontage: 106000
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 324
Street Name: Cherry
Street Suffix: Lane
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: Cherry Lane
Area: 5001
Geographic Area: PB30
Parcel Number: 50434310090000111
Zoning: Rb
Directions: North Lake Way north to Cherry Lane, left on Cherry.
General Property Information
Property Sub Type: Unimproved Land
Number Of Lots: 1
Lot Size Acres: 0.69
Lot Size Square Feet: 30056.4
Lot Size Dimensions: 29192 SF
Lot Depth: 317
Waterfront YN: 1
Lot Frontage: 100
Direction Faces: West
LP/Assessed Value: 1.58
LP/SqFt: 352.67
Financial Information
Tax Year: 2010
Tax Annual Amount: 127048
Tax Assessed/SOH Value: 6702205
Tax Legal Description: Cherry Lane Lot:11 Blk: Lot SqFt:27411 Frontage:100 Depth:245
Status Change Information
Major Change Timestamp: 2012-01-13T17:46:00Z
Major Change Type: Price Change
Price Change Timestamp: 2012-01-13T17:46:00Z
Status Change Date: 2012-04-18
Under Contract Date: 2012-04-02
Close Date: 2012-04-17
Close Price: 9200000
Buyer Financing: Cash
SP/Acre: 13333333.33
Price Calculations
Current Price To SqFt: 2242.8
Original List Price To Close Price: 1.29
Originating Details
Originating System Key: 20130214111712705460000000
Originating System ID: M00000170
Property Features
Current Use: Single Family
Development Status: Raw Land
Documents Available: Aerial; Survey
Fencing: Fenced
Location of Property: Other
Possible Use: Single Family
Sewer: Public Sewer
Trees: Partial Tree Coverage
Utilities: Electricity Available; Sewer Available; Water Available
Listing Terms: Cash; Conventional
Lot Features: Cleared
Road Frontage Type: Public Road
Road Surface Type: Paved
Water Source: Public
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: The Corcoran Group
Last Updated: January - 11 - 2026
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