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Oceanfront Development Land with Residence
For Sale
$48,000,000

1426 N Ocean Blvd, Palm Beach, FL 33480

Oceanfront land offered with an existing residence, providing immediate enjoyment or the potential for annual income.

Property SizeContact for details
Days on Market39

Property Features for 1426 N Ocean Blvd

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $158,249
Listing Agency:
Listed By: J. RICHARD ALLISON II
Source: Elliman
Added: Jul 5 Changed: Aug 8 Last Checked: Jul 5 at 8:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J. RICHARD ALLISON II

Investment Insights

Based on property information with market context.

This oceanfront parcel offers development flexibility along with an existing residence. The property is positioned for either immediate personal enjoyment or a phased approach toward designing and permitting an oceanfront estate.

Public remarks describe the offering as including multiple addresses: 1426 N Ocean Blvd and 1431 N Ocean Way. The location is characterized by moderate bikeability and limited walkability, with transit described as having some options.

If you intend to develop, the property is presented as a canvas to design and build a landmark oceanfront residence. If you plan to hold, the remarks also cite the possibility of generating more than one million in annual income per year from the existing residence while plans are underway.

Key Highlights

  • Oceanfront property offered at $48 million, located at 1426 N Ocean Blvd and 1431 N Ocean Way
  • Includes an existing residence for immediate enjoyment while you design and permit a new oceanfront estate
  • Opportunity to generate more than $1 million in annual income per year from the existing residence

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop Law Firm Kitchen & Bath Showroom Bakery Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

794
Businesses Nearby

Demographics for 33480, FL

10,716
Population
12,438
Households
0.9
Avg Household Size
68
Median Age
65%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
2,748
Density / Sq Mi
$151,121
Median Household Income
$81,850
Median Earnings
$1,840
Median Rent
$1,218,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Oceanfront land offered with an existing residence, providing immediate enjoyment or the potential for annual income.
Where is this waterfront land located?
The property is located at 1426 N Ocean Blvd Palm Beach, FL.
What is the asking price?
The asking price for this property is $48,000,000.
What are key features of this property?
This property features: Oceanfront property offered at $48 million, located at 1426 N Ocean Blvd and 1431 N Ocean Way; Includes an existing residence for immediate enjoyment while you design and permit a new oceanfront estate; Opportunity to generate more than $1 million in annual income per year from the existing residence
More about this property
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