$18,000,000

Estimated payment $116,762/month

Total Views 4,211
0.57 Acre
$31,578,947 Price per Acre
24,829 Sq Ft Lot

Highlights

  • Waterfront
  • Palm Beach Public School Rated A-
  • Corner Lot

About This Lot

Double lot and beach block on a coveted North End street, now available with ARCOM-approved plans. This expansive 24,979 SF corner property, located at El Pueblo and N. Ocean Way, offers direct access to the beach and the Lake Trail. Move forward with these ready-to-build plans and bypass the approval process or create your own custom residence on one of the last remaining double lots in the North End.

Listing Agent

Chris Leavitt

Douglas Elliman License #SL-3232586 Listed on: 06/23/2025

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $208,216

Lot Details

  • 0.57 Acre Lot
  • Waterfront
  • East Facing Home
  • Corner Lot
  • Property is zoned R-B - Low Density Residential

Community Details

  • El Encanto Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434302010000240

Property Details

Property Type

Land

Est. Annual Taxes

$208,216

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.57
  • Subdivision Name: El Encanto
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Taxes2: 208216.36
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 200
  • General Property Description:Lot SqFt: 24829
  • Exposure:East: Yes
  • Land Improvements:Electric Available: Yes
  • Land Improvements:Water Available: Yes
  • Lot Size:Corner Lot: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Corner Lot
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electric Available, Water Available

Lot Info

  • Lot Size Sq Ft: 24829.0
  • Parcel #: 50434302010000240
  • Zoning: R-B - Low Density Residential

Tax Info

  • Tax Annual Amount: 208216.36
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $208,216 $13,888,324 -- --
2023 $215,805 $14,271,794 $12,930,671 $1,341,123
2022 $16,690 $1,016,916 $0 $0
2021 $17,064 $987,297 $0 $0
2020 $17,070 $973,666 $0 $0
2019 $17,029 $951,775 $0 $0
2018 $16,244 $934,028 $0 $0
2017 $16,213 $914,817 $0 $0
2016 $14,898 $896,001 $0 $0
2015 $15,402 $889,773 $0 $0
2014 $15,475 $882,711 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $18,000,000 +12.5% --
01/30/2025 01/30/25 Sold $16,000,000 -5.2% $4,118 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/20/2024 11/20/24 Price Changed $16,875,000 -7.5% $4,344 / Sq Ft
10/16/2024 10/16/24 Price Changed $18,250,000 +4.3% $4,698 / Sq Ft
10/02/2024 10/02/24 Price Changed $17,500,000 +4.5% $4,505 / Sq Ft
09/23/2024 09/23/24 Price Changed $16,750,000 -4.3% $4,311 / Sq Ft
09/20/2024 09/20/24 Price Changed $17,500,000 -4.1% $4,505 / Sq Ft
09/16/2024 09/16/24 Price Changed $18,250,000 -2.7% $4,698 / Sq Ft
09/11/2024 09/11/24 Price Changed $18,750,000 -3.8% $4,826 / Sq Ft
08/26/2024 08/26/24 For Sale $19,495,000 -- $5,018 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $12,000,000 --
Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $7,200,000 Credit Line Revolving
Previous Owner $900,000 No Value Available
Previous Owner $3,400,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $145,000 Credit Line Revolving
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-974

APN: 50-43-43-02-01-000-0240