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    1 S Ocean Blvd Lake Worth, FL 33462

    For Sale
    $9,999,999

    Fee simple privately owned water lot for various uses.

    Lot size:
    0.65 Acres

    Property Features for 1 S Ocean Blvd

    General Information

    Lot size
    0.65 Acres

    Source: Berman Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Water Lot on Ocean Boulevard

    This offering consists of one fee simple privately owned water lot located west of 4020 S. Ocean Blvd. The lot was previously owned by the State of Florida. It is suitable for various purposes, including a private moorings area, fish farm, dock expansion, or enhanced privacy. This lot is available separately and could be acquired in addition to the purchase of adjacent property in Manalapan. Additional lots and lot packages are available, with prices ranging from $3,999,999 to $14,999,999.
    Location Intelligence

    Current Use by Public Records

    Oceanside Farmers Market Farmers' Market

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.038741
    Latitude
    26.614061

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    FAQs

    What type of property is this?
    Land - Fee simple privately owned water lot for various uses.
    Where is this land located?
    The property is located at 1 S Ocean Blvd Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $9,999,999.
    What are key features of this property?
    This property features: - Fee simple ownership of a privately owned water lot.; - Ideal for private moorings, fish farm, or dock expansion.; - Offers enhanced privacy.
    Request Owner's contact information
    1 S Ocean Blvd Lake Worth, FL 33462
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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
    1 S Ocean Blvd Lake Worth, FL 33462
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