$39,950,000
For Sale

3 S Lake Trail

Palm Beach, FL 33480
2572 sqft | 3 beds | 3 baths | 0.70 acres | #RX-11079637
Browse 4 photos
Type:Purchase
Structure:House
Zone:Residential

Description

A tremendous land opportunity is situated high up on Chapel Hill and now available for sale. It has never been on the market before. The elevation is incredible and the dimensions are ~300 x ~150, totaling 45,490 SF. The property has the potential to subdivide into multiple lots. Also, views could be amazing from a second floor build. There is no other property on the island with this size, location, elevation and the ability to subdivide that is currently on the market. The location is superb as there are only 5 houses on this lovely cul de sac street. The property has many mature trees throughout and the sense of privacy is exceptional. This land is ideal for an end user to create a large estate or for a builder to subdivide with multiple options.

  • Property Details
      • Utility FeaturesElectricity Connected, Public Sewer, Public Water
      • Property SubtypeSingle Family Detached
      • Lot Features1 to < 2 Acres
      • Lot Description1 to < 2 Acres
      • InteriorFireplace(s)
      • Pool FeaturesPrivate Pool
      • Exterior FeaturesOpen Balcony
      • Exterior MaterialsOpen Balcony
      • RoofComposition
      • Original List Price$39,950,000
      • MLS #RX-11079637
      • MLS #RX-11079637
      • CountyPalm Beach
      • Property TypePurchase
      • SubdivisionHILL SUB
      • Taxes Annual$117,404
      • Cost39950000
      • CoolingCentral
      • HeatingCentral
      • ZoningR-B(ci
      • Acres0.697
      • Lot Size (sqft)30353
      • Square Feet2572
      • Year Built1920
      • Bedrooms3
      • Bathrooms3
      • Full Baths3
      • Pool1

Location

Renaissance Realty MainReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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