$6,000,000

Estimated payment $35,733/month

Total Views 27,406
0.14 Acre
$42,857,143 Price per Acre
5,907 Sq Ft Lot

About This Lot

Offered as-is; unique opportunity for R-C redevelopment on a great mid-town street. Can be combined with the adjacent property (223 Seminole Ave) for $12,000,000. Parcels are legally separated and can also be sold individually. The combined R-C acreage is .27 (11,761 SF) or individual lots are 50x118. Incredible redevelopment play with close proximity to the beach, bike trail, places of worship, restaurants, shopping, The Breakers, and convenient access on/off the north bridge.

Listing Agent

Frances Frisbie

The Corcoran Group License #BK-3290923 Listed on: 08/12/2025

The Corcoran Group

Co-Listing Agent

Suzanne Frisbie

The Corcoran Group License #508253

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $44,065

Lot Details

  • 5,907 Sq Ft Lot
  • Waterfront
  • Property is zoned R-C - Medium Density Residential

Utilities

  • Electricity To Lot Line

Community Details

  • Ocean Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314100050440

Property Details

Property Type

Land

Est. Annual Taxes

$44,065

Lot Details

5,907 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.14
  • Subdivision Name: Ocean Park
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Taxes2: 44064.88
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 50
  • General Property Description:Lot SqFt: 5907
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Water Available: Yes
  • WaterSewer:City Water at Site: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electric at Site, Water Available
  • Water Source: City Water at Site

Lot Info

  • Lot Size Sq Ft: 5907.0
  • Parcel #: 50434314100050440
  • Zoning: R-C - Medium Density Residential

Tax Info

  • Tax Annual Amount: 44064.88
  • Tax Year: 2024

Map

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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
2025 $44,065 $3,115,325 -- --
2024 $44,065 $2,832,114 -- --
2023 $43,830 $2,574,649 $2,681,400 $458,428
2022 $37,783 $2,340,590 $0 $0
2021 $31,663 $1,854,583 $1,705,355 $149,228
2020 $12,774 $719,845 $0 $0
2019 $12,755 $703,661 $0 $0
2018 $12,169 $690,541 $0 $0
2017 $12,168 $676,338 $0 $0
2016 $5,779 $662,427 $0 $0
2015 $11,823 $657,822 $0 $0
2014 $11,895 $652,601 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2025 08/12/25 For Sale $6,000,000 +242.9% --
03/24/2021 03/24/21 Sold $1,750,000 -10.3% $584 / Sq Ft View Prior Sale
02/22/2021 02/22/21 Pending -- -- --
09/20/2020 09/20/20 For Sale $1,950,000 -- $651 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,600,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $1,750,000 Attorney
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $400,000 --
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-1143

APN: 50-43-43-14-10-005-0440

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