$10,600,000
324 Cherry Lane
Palm Beach, FL 33480
MLS# RX-3194671
Status: Closed



324 Cherry Lane, Palm Beach, FL 33480
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324 Cherry Lane, Palm Beach, FL 33480

Property Description
Rare intracoastal building opportunity! The last remaining buildable parcel with high elevation and total privacy. Sought after location close to town, stunning views, deep water dock. Survey available.

Details
Maps
Contract Information
Listing Date: 2011-04-28
Status: Closed
Original List Price: 11900000
List Price: $10,600,000
Current Price: $9,200,000
List Price/Acre: 15362318.84
General Property Description
Type: Single Family Detached
Price/SqFt: 408
Price/Front Feet: 119000
Lot Dimensions: 29192 SF
Lot Frontage: 100
Lot Depth: 317
Acres: 0.69
Waterfront: Yes
Subdivision: Cherry Lane
Front Exp: West
Homeowners Assoc: None
Directions: North Lake Way north to Cherry Lane, left on Cherry.
Total Assessed Value: 6702205
LP Per ASV: 1.58
Location Tax Legal
Area: 5001
County: Palm Beach
Parcel ID: 50434310090000111
Street #: 324
Street Name: Cherry
Street Suffix: Lane
Zip Code: 33480
Legal Desc: Cherry Lane Lot:11 Blk: Lot SqFt:27411 Frontage:100 Depth:245
Geo Lat: 26.738516
Geo Lon: -80.041256
Status Change Info
Under Contract Date: 2012-04-02
Sold Date: 2012-04-17
Sold Price: 9200000
Terms of Sale: Cash
Sold Price/Acre: 13333333.33
Property Features
Land Use: Single Family
Location: Other
Lot Description: 1/2 to < 1 Acre
Develop Status: Undeveloped
Improvements: Cleared; Fenced
Utilities Avail: Electric; Municipal Sewer; Public Water
Utilities On Site: Electric Service Available; Municipal Sewer; Public Water
Roads: Paved; Public
Avail Docs: Aerial; Survey
Trees: Partially Treed
Terms Considered: Cash; Conventional

Listing Office: The Corcoran Group

Last Updated: September - 20 - 2013

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