157 Wells Road, Palm Beach, FL 33480 (MLS# R11035271)

157 Wells Road, Palm Beach, FL 33480

$14,343,925
Property Type: Land & Docks Lot Size (sq. ft.): 29,400 Status: Closed
Current Price: $14,343,925 List Date: 11/08/2024 Last Modified: 1/13/2026

Overview

Description

Fantastic 29,185+/- square foot lot. Excellent Ocean Block location on Wells Road. Renovate or build your dream home!

Listing Details MLS# R11035271

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.67
Lot Size Square Feet
29400
Minimum Livable Area
4437
Direction Faces
East
LP/SqFt
644.56

Property Features

Current Use: Single Family Development Status: Recorded Plat Documents Available: None Electric: Three Phase Location of Property: Subdivision Possession: Close Of Escrow Possible Use: Single Family Trees: Other Utilities: Electricity Available; Water Available Vegetation: Grassed Listing Terms: Cash; Conventional Lot Features: Home Road Frontage Type: East of US-1 Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Office Contingencies: None Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2024-11-07
Original List Price
21900000
LP/Acre
28078233.81

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
157
Street Name
Wells
Street Suffix
Road
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
WELLS CIRCLE REPLAT PB26P244 & PB28P52
Area
5001
Geographic Area
PB30
Parcel Number
50434314180000010
Zoning
R-B

Financial Information

Tax Year
2024
Tax Annual Amount
24312.8
Tax Legal Description
WELLS CIRCLE LT 1 & W 1/2 OF LT 2

Status Change Information

Major Change Timestamp
2025-10-21T20:01:09Z
Major Change Type
Status Change
Price Change Timestamp
2025-03-13T18:03:36Z
Status Change Date
2025-10-21
Under Contract Date
2025-09-15
Close Date
2025-10-20
Close Price
14343925
Buyer Financing
Cash
SP/Acre
21253407.91

More Information

Short Sale Details

Short Sale Addendum
No

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Price Calculations

Original List Price To Close Price
1.52

Originating Details

Originating System Key
20241110132830104875000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Documents Available

None
Yes

Current Use

Single Family
Yes

Development Status

Recorded Plat
Yes

Location of Property

Subdivision
Yes

Possession

Close Of Escrow
Yes

Possible Use

Single Family
Yes

Trees

Other
Yes

Utilities

Electricity Available
Yes
Water Available
Yes

Vegetation

Grassed
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Home
Yes

Road Frontage Type

East of US-1
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Office
Yes

Contingencies

None
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Listing Office: Christian Angle Real Estate
IDX
Last Updated: January - 13 - 2026
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