2565 South Ocean Boulevard

Palm Beach, FL 33480

$5,000,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

EXTRAORDINARILY RARE opportunity for a developer of luxury condominiums or hotels! 5 units (2 are combined as 1 currently) giving veto power against any other developer for the owner/buyer. This leverage is the first step in acquiring both buildings for a new project likely to be luxury condominiums or a hotel as mentioned based on permitting and approval. Buildings approaching 60 years and one of the first condominium complexes on this strip. This the IDEAL project for a SERIOUS developer or hotel...EXTRAORDINARILY RARE opportunity for a developer of luxury condominiums or hotels! 5 units (2 are combined as 1 currently) giving veto power against any other developer for the owner/buyer. This leverage is the first step in acquiring both buildings for a new project likely to be luxury condominiums or a hotel as mentioned based on permitting and approval. Buildings approaching 60 years and one of the first condominium complexes on this strip. This the IDEAL project for a SERIOUS developer or hotel looking for 33480 Palm Beach LOCATION and leverage to create a new oceanfront and Intracoastal views landmark!
  1. Listed by Eric Gunther • Greenfield Waters, LLC
  2. Listed by Charles Kaps • Greenfield Waters, LLC

Property Details for 2565 South Ocean Boulevard

Subdivision
PALM BEACH WHITEHOUSE
Waterfront
Yes

Location

Listing Courtesy of Greenfield Waters, LLC
Add your commute
LISTING UPDATED: 04/17/2024 01:59 PM

Property Details for 2565 South Ocean Boulevard

StatusActive
MLS #RX-10979087
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industry / MultiFamily (5+ Units)
Year Built1968
Lot Size-
CountyPalm Beach County

Building

PALM BEACH WHITEHOUSE

71 Units3 StoriesBuilt in 1968

Location

Listing Courtesy of Greenfield Waters, LLC
Add your commute

Building Information for 2565 South Ocean Boulevard

Stories3Residences71Year Built1968Building Size-Lot Size-

Payment Calculator

$27,287 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,287

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2565 South Ocean Boulevard

Summary
Location and General Information
  • Directions: Palm Beach 33480 in between the Atlantic Ocean and Intracoastal.
  • Geo Area: Palm Beach 5001; 5002; 5003; 5004
  • Street Number: 2565
  • Subdivision Complex Bldg: PALM BEACH WHITEHOUSE
  • Municipal Code: Palm Beach
  • State: FL
  • City Postal ID: 33480
  • MLS Area: 5004
  • MLS Sub Area: PB30
Taxes and HOA Information
  • Comm/Trans Brk: 3.0%
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Area: 5004
  • Parcel ID: 50434411040003240
  • Property Group ID: 19990816212135227274000000
  • Square Ft Source: Tax Rolls
  • Zoning: R-D(1)
Property and Assessments
  • Acres: 0.0
  • For Sale: Yes
  • Legal Desc: See Broker Remarks
  • Legal Description: See Broker Remarks
Utilities
  • Utilities: Electric
Interior and Exterior Features
Interior Features
  • Roof: Other
  • Cooling: Central
  • Flooring: Other
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Tenant Pays: Electric

Property History for 2565 South Ocean Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2565 South Ocean Boulevard

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Palm Beach Public School
PublicPK to 5

Lake Worth Community Middle School
Public6 to 8

Forest Hill Community High School
Public9 to 12

G-Star School Of The Arts
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2565 South Ocean Boulevard is a multi-family home for sale in Palm Beach, FL 33480. This property was listed for sale on April 17, 2024 by Greenfield Waters, LLC, it's currently listed at $5,000,000. This listing's school district is Palm Beach. Nearby schools include Palm Beach Public School, Lake Worth Community Middle School and Forest Hill Community High School. 2565 South Ocean Boulevard is a 0-bed, 0-bath, multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Greenfield Waters, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.