$20,200,000
Palm Beach, FL 33480
MLS# R10645926
Status: Closed
1 / 6
Property Description
DIRECT OCEANFRONT LOT! EXPANSIVE OCEAN VIEWS. INCREDIBLE OPPORTUNITY TO BUILD ON 21,387± SQUARE FEET LOT YOUR NEW CUSTOM HOME. PERFECTLY SITUATED AT THE END OF A CUL-DE-SAC.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2020-08-11
Status: Closed
Original List Price: 19900000
Sold Price: $20,200,000
Current Price: $20,200,000
LP/Acre: 43017088.98
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 7
Street Name: Ocean
Street Suffix: Lane
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: OCEAN LANE IN
Area: 5001
Geographic Area: PB30
Parcel Number: 50434311020000061
Zoning: R-B(ci
Directions: Ocean Blvd North to Ocean Lane
General Property Information
Property Sub Type: Unimproved Land
Lot Size Acres: 0.51
Lot Size Square Feet: 22176
Lot Size Dimensions: 100X211X216
Waterfront YN: 1
Direction Faces: East
LP/SqFt: 987.55
Status Change Information
Major Change Timestamp: 2020-12-30T14:42:27Z
Major Change Type: Status Change
Price Change Timestamp: 2020-10-14T19:03:54Z
Status Change Date: 2020-12-30
Under Contract Date: 2020-11-24
Close Date: 2020-12-22
Close Price: 20200000
Buyer Financing: Cash
SP/Acre: 39677862.9
Short Sale Details
Short Sale Addendum: No
Price Calculations
Original List Price To Close Price: 0.98
Financial Information
Tax Year: 2019
Tax Annual Amount: 107782
Tax Legal Description: OCEAN LANE N 6 FT OF LT 6 (LESS WLY 75.90 FT) & LT 7
Originating Details
Originating System Key: 20200811175714966512000000
Originating System ID: M00000170
Property Features
Current Use: Single Family
Development Status: Recorded Plat
Documents Available: Survey
Location of Property: Beach Access
Possible Use: Single Family
Trees: None
Utilities: Electricity Available; Water Available
Vegetation: Grassed
Listing Terms: Cash
Lot Features: Cleared
Road Surface Type: Paved
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front
Showing Requirements: Call Listing Agent
Contingencies: None
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: Sotheby's Intl. Realty, Inc.
Last Updated: January - 11 - 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.