561123 Chilean Avenue, Palm Beach, FL 33480
$6,600,000
Property Type:
Land & Docks
Status:
Closed
Current Price:
$6,600,000
List Date:
3/28/2024
Last Modified:
3/13/2026
Description
LAND ONLY with ARCOM APPROVED PLANS.
Midtown Ocean Block with Beach Access.
Conveniently Located Near Worth Avenue, Shopping, Restaurants, Palm Beach Luxury Marina, Intracoastal, Atlantic Ocean, Colony Hotel and So Much More!
Spectacular location ready for NEW BUILD Single Family Quintessential Palm Beach Two Story Home with Open Living Floor Plan. Separate Cabana/Bedroom.
SKA Architect + Planner. PERFECT OPPORTUNITY to CUSTOMIZE the Finishes. Complete with elevator and generator planning. *Measurements based upon architect's plans, approximate.
More Information MLS# R10972710
Contract Information
Comp Sale YN: No
LP/Frontage: 148000
Listing Date: 2024-03-26
Status: Closed
Original List Price: 8400000
Sold Price: $6,600,000
Current Price: $6,600,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Multiple Offers Accepted: No
Country: United States
Street Number: 123
Street Name: Chilean
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33480
Subdivision Name: ROYAL PARK ADD TO P B IN
Area: 5002
Parcel Number: 50434323050080311
Zoning: Residential
Directions: 2 blocks North of Worth Avenue and S. Ocean Boulevard. Property is located one building from S. Ocean Boulevard and Beach. Between Royal Palm Way Bridge and Southern Bridge in Palm Beach.
General Property Information
Lot Depth: 125
Lot Frontage: 50
Property Sub Type: Unimproved Land
Direction Faces: North
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2025-04-15T13:37:01Z
Major Change Type: Status Change
Price Change Timestamp: 2024-10-04T19:37:40Z
Status Change Date: 2025-04-15
Under Contract Date: 2025-03-21
Close Date: 2025-04-15
Close Price: 6600000
Association Amenities
None: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Aerial: 1
Building Plan: 1
Comprehensive Plan Use
Other: 1
Current Use
Single Family: 1
Development Status
Raw Land: 1
Location of Property
Other: 1
Possession
Close Of Escrow: 1
Possible Use
Single Family: 1
Trees
None: 1
Utilities
Cable Available: 1
Natural Gas Available: 1
Phone Available: 1
None: 1
Other: 1
Vegetation
Grassed: 1
View
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Other: 1
Road Surface Type
Paved: 1
Showing Requirements
Call Listing Agent: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Original List Price To Close Price: 1.27
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Year: 2023
Tax Annual Amount: 51910.8
Tax Legal Description: ROYAL PARK ADD E 10 FT OF LT 31, LT 32 & W 15 FT OF LT 33 BLK 8
Originating Details
Originating System Key: 20240327214158839509000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Comprehensive Plan Use: Other
Current Use: Single Family
Development Status: Raw Land
Documents Available: Aerial; Building Plan
Location of Property: Other
Possession: Close Of Escrow
Possible Use: Single Family
Trees: None
Utilities: Cable Available; Natural Gas Available; Phone Available; None; Other
Vegetation: Grassed
View: Other
Listing Terms: Cash; Conventional
Lot Features: Cleared; Other
Road Surface Type: Paved
Showing Requirements: Call Listing Agent
Contingencies: None
Acreage Description: Less Than 1/4 Acre Lot
Listing Office:
Douglas Elliman
Last Updated: March - 13 - 2026
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