$21,500,000

Estimated payment $122,087/month

Total Views 10,787
1.18 Acres
$18,220,339 Price per Acre
51,401 Sq Ft Lot

About This Lot

Prime buildable waterfront lot opportunity in the sought-after South of Southern neighborhood of West Palm Beach, Florida. This massive 1.2+/- acre property offers unobstructed, wide water views of the Intracoastal Waterway directly across South Flagler Drive, complete with riparian rights. Available for the first time in decades, this property presents a rare chance for developers or discerning buyers to build a bespoke estate on South Flagler Drive, within an iconic waterfront compound. Perfectly located near Palm Beach Island, PBI Airport, premier shopping, dining, and more.

Listing Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Co-Listing Agent

Dovi Ettedgui

The Corcoran Group License #3457626

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,043

Year Built

  • 1955

Lot Details

  • 1.18 Acre Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned SF7

Utilities

  • Electricity To Lot Line

Community Details

  • Essex Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434403140000030

Property Details

Property Type

Land

Est. Annual Taxes

$25,043

Year Built

1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 1.18
  • Subdivision Name: Essex Lane
  • Location Tax Legal:Zoned: SF7
  • Location Tax Legal:Taxes2: 25043.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Waterfront: Yes
  • General Property Description:Lot Dim (1): 106
  • General Property Description:Lot SqFt: 51401
  • Exposure:West: Yes
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • Waterfront:ICW - Across Street: Yes
  • Land Improvements:Sewer Available: Yes
  • Special Features: None
  • Year Built: 1955

Exterior Features

  • Lot Features: 1 to 3 Acres
  • Waterfront Features: ICW - Across Street
  • Waterfront: Yes

Utilities

  • Utilities: Electric at Site, Sewer Available, Water Available

Lot Info

  • Lot Size Sq Ft: 51401.0
  • Parcel #: 74434403140000030
  • Zoning: SF7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25043.0
  • Tax Year: 2024

Map

Range of Values:

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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
2024 $25,043 $1,252,310 -- --
2023 $24,468 $1,215,835 $0 $0
2022 $24,276 $1,180,422 $0 $0
2021 $24,285 $1,146,041 $0 $0
2020 $24,181 $1,130,218 $0 $0
2019 $23,846 $1,104,807 $0 $0
2018 $22,766 $1,084,207 $0 $0
2017 $22,575 $1,061,907 $0 $0
2016 $22,573 $1,040,066 $0 $0
2015 $23,034 $1,032,836 $0 $0
2014 $23,070 $1,024,639 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 For Sale $21,500,000 0.0% --
11/20/2024 11/20/24 For Sale $21,500,000 -- --
Source: Palm Beach Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $450,000 Unknown
Previous Owner $280,000 No Value Available
Source: Public Records

Similar Property in West Palm Beach, FL

  • 5400 Essex Ct, West Palm Beach, FL 33405

    $21,500,000

    • Land
    • 1.18 Acres
    • $18,220,339 per Acre
    • 5400 Essex Ct
    • West Palm Beach, FL

    Prime buildable waterfront lot opportunity in the sought-after South of Southern neighborhood of West Palm Beach, Florida. This massive 1.2+/- acre property offers unobstructed, wide water views of the Intracoastal Waterway directly across South Flagler Drive, complete with riparian rights. Available for the first time in decades, this property presents a rare chance for developers or discerning

    Dovi Ettedgui The Corcoran Group

    Section Image

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1775

APN: 74-43-44-03-14-000-0030