$16,100,000
For Sale

1333 Lake Way

Palm Beach, FL 33480
Browse 14 photos
Type:Purchase
Structure:House
Zone:Residential

Description

The possibilities are endless at this prime lot with access to the Ocean Terrace Beach Cabana! This oversized lot measuring .56 acres ( 223 feet x 110 + - ) is located on the coveted North End of Palm Beach Island. This rare, oversized assemblage is a prime opportunity to build a new construction home close to the beach. In addition to being nearby the prestigious Sailfish Club of Florida, this special lot includes easy access to the popular Lake Trail, which is literally just a few steps from the property. The neighborhood feels like you are in the Bahamas, but is also just minutes away from the full array of amenities, infrastructure, entertainment, and five-star dining which Palm Beach and West Palm Beach have to offer!

  • Property Details
      • Property SubtypeSingle Family Detached
      • Lot Features1/2 to < 1 Acre
      • Lot Description1/2 to < 1 Acre
      • SubdivisionOCEAN TERRACE
      • Original List Price$16,100,000
      • CountyPalm Beach
      • Property TypePurchase
      • Taxes Annual$176,203
      • Cost16100000
      • ZoningR-B(ci
      • Acres0.559
      • Lot Size (sqft)24349

Location

Cindy HurleyReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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