940 N Lake WAY, Palm Beach, FL 33480
940 N Lake WAY, Palm Beach, FL 33480
940 N Lake WAY, Palm Beach, FL 33480
940 N Lake WAY, Palm Beach, FL 33480
940 N Lake WAY, Palm Beach, FL 33480
940 N Lake WAY, Palm Beach, FL 33480
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$50,000,000

$55,000,000

9.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.8 Acres Lot


SOLD DATE : 05/21/2024

Key Details

Sold Price $50,000,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Palm Beach

MLS Listing ID R10939386

Sold Date 05/21/24

HOA Y/N No

Annual Tax Amount $396,632

Tax Year 2023

Contingent None

Lot Size 0.800 Acres

Acres 0.8

Property Sub-Type Unimproved Land

Property Description

Opportunity awaits to build your dream home on this expansive 34,848-square-foot lot, offering 128 feet of water frontage and a very high elevation. This prime location not only provides a canvas for your ideal home, but also boasts a deep-water concrete dock, providing the perfect haven for maritime enthusiasts. The dock is thoughtfully designed to accommodate larger vessels over 100 feet, along with multiple smaller vessels. The dock features a substantial 40,000-pound lift for larger boats, and an additional 15,000-pound lift for smaller boats. Experience the epitome of waterfront living with unparalleled views and amenities on this expansive property. Enjoy deeded beach access nestled between Sandpiper and Eden Road and access to the Lake Trail right out your back gate.

Location

State FL

County Palm Beach

Area 5001

Zoning Residsential

Direction East

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Amenities Available Beach Access

Waterfront Description Intracoastal Access

View Y/N Yes

Water Access Desc Public

View City, Intercoastal

Present Use Single Family

Street Surface Dirt

Building

Lot Description Cleared, Other

Faces East

Water Public

Others

Tax ID 50434310000010052

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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BeachesMLS, Inc. (FLR) IDX
Listed by Todd Peter Sotheby's Intl. Realty, Inc.
Bought with  Christian James Angle Christian Angle Real Estate

Nearby Locations

Cyndy Porter

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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