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    112 Algoma Rd Palm Beach, FL 33480

    For Sale
    $12,500,000

    Single Family Detached, Single Family - Palm Beach, FL

    Type:Single Family Residence
    Days on Market:
    65
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 112 Algoma Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    RA
    APN
    50434335000020310
    Exterior features
    None

    Building Details

    Architectural style
    Other

    Premier Estate Properties (561) 394-7700 [email protected]

    Listing agent Margit Brandt (561) 655-5506

    Listing date Oct 2, 2025

    MLS# RX-11092376 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palm Beach Estate Section Lot

    Located on the sunny South side of Algoma Road in the Estate Section of Palm Beach, this property presents an opportunity to acquire a 14,300+ SF lot. The site benefits from its proximity to the beach, with access just 245 feet away, and its location within the Presidential Security Zone, offering an elevated level of privacy. The property is zoned RA. This location is situated approximately 5 minutes from shopping, dining, and entertainment options in Palm Beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.036373
    Latitude
    26.679426

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    FAQs

    What type of property is this?
    Residential land & home lot - Exclusive 14,300+ SF lot in coveted Estate Section.
    Where is this residential land & home lot located?
    The property is located at 112 Algoma Rd Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $12,500,000.
    What are key features of this property?
    This property features: - Exclusive 14,300+ SF lot in the coveted Estate Section.; - Beach access only 245 feet away.; - Located within the Presidential Security Zone, offering an elevated level of privacy.
    (561) 655-5506
    Request Owner's contact information
    112 Algoma Rd Palm Beach, FL 33480
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    Palm Beach, FL 33480
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 Algoma Rd Palm Beach, FL 33480
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