305-609-4190
1980 S Ocean Boulevard, Palm Beach FL 33480
Active Agriculture Waterfront

1980 S Ocean Boulevard, Palm Beach FL 33480

Palm Beach, FL, 33480

$200,000,000

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Garage

Photo Gallery (20 photos)

About This Property

TROPHY PROPERTY ON BILLIONAIRES ROW. THE ONLY AVAILABLE VACANT PARCEL STRETCHING FROM INTRACOASTAL TO OCEAN with high elevation. on the island of Palm Beach. An unparalleled opportunity to build on the prominent Billionaires Row amongst some of the most prestigious estates in Palm Beach. Two + acres of untouched land which has been subdivided to allow for two residences or one family compound. Now shown with compound option, a conceptual rendering design of an ARCOM READY 20,000+ residence by Fairfax & Sammons.

Property Details

MLS #

R11060793

Status

Active

Property Type

Land/Boat Docks

Sub Type

Agriculture

Days on Market

611

Pool

No

Waterfront

Yes

HOA Fee

None

Est. Insurance

$66,667/mo

Tax Year

2024

Tax Amount

$230,101

Garage

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Lot Size

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MLS Area

Palm Beach Estates

Subdivision

PALM BEACH ESTATES

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$1,400,000
Est. Monthly Rent
1.7%
Cap Rate
8.5%
Cash-on-Cash
$3,404,092
Net Operating Income

ROI Projections (4% Annual Appreciation)

151%
5-Year ROI
Value: $243,330,580
325%
10-Year ROI
Value: $296,048,857
528%
15-Year ROI
Value: $360,188,701

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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