$2,460,000

Estimated payment $13,996/month

0.26 Acres
$9,461,538 Price per Acre
11,326 Sq Ft Lot

Highlights

  • Beach Front
  • City View
  • Property is near public transit and schools
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • 0.26 Acre Lot
  • No HOA

About This Lot

++The Breakwater++A rare coastal investment and development opportunity in the heart of Winthrop, Massachusetts. The mixed use property currently consists of a cash-flowing four-unit mixed-use building with stable in-place NOI of 71,300, combined with a Board of Appeals–approved plan to construct a new 12-unit building with podium parking beneath — all on one site steps from the harbor and in the middle of a quaint yet thriving downtown Winthrop. 5-10 min commute to Boston Logan Airport, quick access to the MBTA Blue Line and ferry access to downtown Boston.

Listing Agent

The Bill Butler Group

Leading Edge Real Estate Listed on: 03/23/2026

Leading Edge Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,674

Lot Details

  • 0.26 Acre Lot
  • Beach Front
  • Level Lot
  • Cleared Lot
  • Property is zoned CBD

Additional Features

  • City Views
  • Property is near public transit and schools
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number M:029 L:083,1421796

Community Details

Recreation

  • Jogging Path
  • Bike Trail

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$12,674

Lot Details

0.26 Acres

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • MAIN LO: AN4643

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • View: City
  • View YN: Yes
  • Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public, On-Site

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:029 L:083,1421796
  • Zoning: CBD
  • Additional Parcels YN: No
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Cleared
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11346
  • Lot Size Units: Acres
  • Number Of Lots: 1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12674

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2026 03/23/26 For Sale $2,460,000 -- --
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73490169

MLS Property Information Network (MLS PIN)
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