7 Ocean Lane, Palm Beach, FL 33480

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 0.51
Lot Size Square Feet: 22176
Lot Size Dimensions: 100X211X216
Waterfront YN: Yes
Direction Faces: East
LP/SqFt: 987.55

Property Features

Current Use: Single Family Development Status: Recorded Plat Documents Available: Survey Location of Property: Beach Access Possible Use: Single Family Trees: None Utilities: Electricity Available; Water Available Vegetation: Grassed Listing Terms: Cash Lot Features: Cleared Road Surface Type: Paved Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Call Listing Agent Contingencies: None Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 19900000
LP/Acre: 43017088.98

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 7
Street Name: Ocean
Street Suffix: Lane
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: OCEAN LANE IN
Area: 5001
Geographic Area: PB30
Parcel Number: 50434311020000061
Zoning: R-B(ci
Directions: Ocean Blvd North to Ocean Lane

Financial Information

Tax Year: 2019
Tax Annual Amount: 107782
Tax Legal Description: OCEAN LANE N 6 FT OF LT 6 (LESS WLY 75.90 FT) & LT 7

Status Change Information

Major Change Timestamp: 2020-12-30T14:42:27Z
Major Change Type: Status Change
Price Change Timestamp: 2020-10-14T19:03:54Z
Status Change Date: 2020-12-30
Under Contract Date: 2020-11-24
Close Date: 2020-12-22
Close Price: 20200000
Buyer Financing: Cash
SP/Acre: 39677862.9

More Information

Short Sale Details

Short Sale Addendum: No

Price Calculations

Original List Price To Close Price: 0.98

Originating Details

Originating System Key: 20200811175714966512000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Documents Available

Survey: Yes

Current Use

Single Family: Yes

Development Status

Recorded Plat: Yes

Location of Property

Beach Access: Yes

Possible Use

Single Family: Yes

Trees

None: Yes

Utilities

Electricity Available: Yes
Water Available: Yes

Vegetation

Grassed: Yes

Water View

Ocean: Yes

Listing Terms

Cash: Yes

Lot Features

Cleared: Yes

Road Surface Type

Paved: Yes

Water Source

Public: Yes

Waterfront Features

Ocean Front: Yes

Showing Requirements

Call Listing Agent: Yes

Contingencies

None: Yes

Acreage Description

1/2 To Less Than 1 Acre Lot: Yes