11309 Ellison Wilson Road, North Palm Beach, FL 33408 (MLS# R10868238)

11309 Ellison Wilson Road, North Palm Beach, FL 33408

$18,500,000
Property Type: Land & Docks Lot Size (sq. ft.): 171,374 Status: Closed
Current Price: $18,500,000 List Date: 2/22/2023 Last Modified: 1/11/2026

Overview

Description

Incredible development opportunity at Ellison Wilson just south of PGA Blvd. Over 2.4 Acres located directly adjacent to the new Ritz Carlton Residences Palm Beach Gardens. Property has more than 240 feet of waterfront along the intracoastal waterway. Structures on property subject to Demolition/Teardown.

Listing Details MLS# R10868238

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
2.4
Lot Size Square Feet
171374
Minimum Livable Area
8719
Waterfront YN
Yes
Direction Faces
West
LP/SqFt
145.88

Property Features

Current Use: Single Family Development Status: Recorded Plat Documents Available: Aerial Location of Property: Other Possession: Close Of Escrow Possible Use: Single Family Trees: Other Utilities: Electricity Available; Water Available Vegetation: Other Listing Terms: Cash Lot Features: Home Road Responsibility: Public Maintained Road Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal Showing Requirements: Call Listing Agent Contingencies: None Acreage Description: 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2023-02-22
Original List Price
25000000
LP/Acre
10416666.67

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
11309
Street Name
Ellison Wilson
Street Suffix
Road
City Name
North Palm Beach
State Or Province
FL
Postal Code
33408
Postal Zip
33408
Subdivision Name
Ellison Wilson
Area
5250
Geographic Area
PB28
Parcel Number
00434205000005550
Zoning
RM
Directions
PGA Blvd east to Ellison Wilson, South on Ellison Wilson.

Financial Information

Tax Year
2022
Tax Annual Amount
7103.3
Tax Legal Description
5-42-43, NLY 241.63 FT OF SLY 437.49 FT OF NE 1/4 OF SE 1/4 LYG E OF & ADJ TO INTRACOASTAL WATERWAY CANAL R/W (LESS E 33

Status Change Information

Major Change Timestamp
2023-10-03T16:08:56Z
Major Change Type
Status Change
Status Change Date
2023-10-03
Under Contract Date
2023-04-20
Close Date
2023-10-02
Close Price
18500000
Buyer Financing
Cash
SP/Acre
7708333.33

More Information

Short Sale Details

Short Sale Addendum
No

Price Calculations

Original List Price To Close Price
1.35

Originating Details

Originating System Key
20230221193631554538000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Documents Available

Aerial
Yes

Current Use

Single Family
Yes

Development Status

Recorded Plat
Yes

Location of Property

Other
Yes

Possession

Close Of Escrow
Yes

Possible Use

Single Family
Yes

Trees

Other
Yes

Utilities

Electricity Available
Yes
Water Available
Yes

Vegetation

Other
Yes

Water View

Intracoastal
Yes

Listing Terms

Cash
Yes

Lot Features

Home
Yes

Road Responsibility

Public Maintained Road
Yes

Water Source

Public
Yes

Waterfront Features

Intracoastal
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

None
Yes

Acreage Description

2 To Less Than 3 Acre Lot
Yes
Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 11 - 2026
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