Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Parcel in North Palm Beach Title is generated by Realmo AI

    740 Lighthouse Dr, North Palm Beach, FL 33408

    View on Map
    Claim this Listing
    For Sale
    $1,750,000

    Waterfront land with 80' of prime south-facing exposure.

    Type:Land
    Added:
    Apr 1, 2026
    Days on Market:
    63
    Last Refresh:
    Apr 1 at 4:42 am

    Property Features for 740 Lighthouse Dr

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Tiffany Bateman
    Tiffany Bateman

    Listing agent Tiffany Bateman License #SL3554102

    Listing office Palm Beach Gardens

    Listing date Apr 1, 2026

    Source Elliman

    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 Palm Beach Gardens

    HighLights

    • Waterfront property with 80' of South‑facing exposure.
    • Located in the Village of North Palm Beach, a highly desirable boating community.
    • Access to North Palm Beach amenities, including a renovated Country Club, parks, marinas, and sport facilities.
    • Golf cart friendly roads.
    • Close proximity to schools, shopping, dining, medical facilities, and financial venues.
    • Features 'Conservatory' elementary school where every child learns an instrument.

    Overview

    This waterfront parcel is located in the Village of North Palm Beach, offering 80 feet of south-facing exposure. Situated in a boating community, the location provides access to amenities including a renovated Country Club, golf cart-friendly roads, parks, marinas, and sports facilities. The area has its own library, police and fire departments, and the Conservatory elementary school. The property is located near schools, shopping, dining, medical facilities and financial venues. The bike score is 41, indicating it is somewhat bikeable, and the walk score is 34, indicating car-dependent accessibility.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    North Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0713804
    Latitude
    26.8173192

    Nearby Similar for Sale

    • $1,400,000
      2,580 SF

      North Palm Beach Triplex Property

      Triplex with impact windows, new roof, and expansion potential.
      2081 Joy Rene Lane, North Palm Beach, FL 33408
      View Details
    • $625,000
      2,039 SF

      Corner Office Space For Sale

      Corner office space available in North Palm Beach, Florida.
      631 Us-1, North Palm Beach, FL
      View Details
    • $620,000
      1,598 SF

      Updated Triplex in North Palm Beach

      Well-kept triplex with updated units and cash-flow potential.
      1831 Juno Road, North Palm Beach, FL 33408
      View Details
    • $727,500
      1,528 SF

      North Palm Beach Multifamily Investment

      Turnkey, income-producing 4-unit property in desirable North Palm Beach location.
      1883 Smith Drive, North Palm Beach, FL 33408
      View Details
    • $775,000

      Juno Beach Multi-Family Development Land

      Vacant lot near the beach, ideal for multi-family development.
      1955 Juno Road, North Palm Beach, FL 33408
      View Details
    • $6,750,000

      Waterfront Land with Income Potential

      Waterfront property with main house and guest cottages for renovation.
      2031 Melody Lane, North Palm Beach, FL 33408
      View Details
    • $9,500,000

      Intracoastal Waterfront Land Opportunity

      Rare Intracoastal waterfront property perfect for boating enthusiasts.
      2128 Vista Drive, North Palm Beach, FL 33408
      View Details
    • $199,000

      Embroidery and Uniform Business Opportunity

      Profitable embroidery and uniform business in North Palm Beach, Florida.
      North Palm Beach, FL 33408
      View Details
    • $1,445,000

      Multi Family Triplex with Garage

      Triplex with detached garage/workshop, impact windows, new roof.
      2081 Joy Rene Ln, North Palm Beach, FL 33408
      View Details
    • $1,190,000

      Juno Beach Multifamily Investment Opportunity

      Five-unit multifamily building near the beach with income growth potential.
      1853 Service Rd, North Palm Beach, FL 33408
      View Details
    • $8,500,000
      12,335 SF

      North Palm Beach Office Space

      Office space available for lease in North Palm Beach.
      660 Us Hwy 1, N Palm Beach, FL
      View Details
    • $1,750,000

      Waterfront Parcel in North Palm Beach

      Waterfront land in a sought-after boating community.
      740 Lighthouse Drive, North Palm Beach, FL 33408
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront land with 80' of prime south-facing exposure.
    Where is this waterfront land located?
    The property is located at 740 Lighthouse Dr North Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Waterfront property with **80' of South‑facing exposure.**; Located in the Village of North Palm Beach, **a highly desirable boating community.**; Access to North Palm Beach amenities, including a renovated Country Club, parks, marinas, and sport facilities.
    (561) 801-9043
    We can help!
    Listing Contact
    Tiffany Bateman
    Tiffany Bateman
    Real Estate License ID: SL3554102
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    740 Lighthouse Dr, North Palm Beach, FL 33408
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!