7 Ocean Lane, Palm Beach, FL 33480 (MLS# R10645926)

7 Ocean Lane, Palm Beach, FL 33480

$20,200,000
Property Type: Land & Docks Lot Size (sq. ft.): 22,176 Status: Closed
Current Price: $20,200,000 List Date: 8/11/2020 Last Modified: 1/11/2026

Overview

Description

DIRECT OCEANFRONT LOT! EXPANSIVE OCEAN VIEWS. INCREDIBLE OPPORTUNITY TO BUILD ON 21,387± SQUARE FEET LOT YOUR NEW CUSTOM HOME. PERFECTLY SITUATED AT THE END OF A CUL-DE-SAC.

Listing Details MLS# R10645926

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.51
Lot Size Square Feet
22176
Lot Size Dimensions
100X211X216
Waterfront YN
Yes
Direction Faces
East
LP/SqFt
987.55

Property Features

Current Use: Single Family Development Status: Recorded Plat Documents Available: Survey Location of Property: Beach Access Possible Use: Single Family Trees: None Utilities: Electricity Available; Water Available Vegetation: Grassed Listing Terms: Cash Lot Features: Cleared Road Surface Type: Paved Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Call Listing Agent Contingencies: None Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2020-08-11
Original List Price
19900000
LP/Acre
43017088.98

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
7
Street Name
Ocean
Street Suffix
Lane
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
OCEAN LANE IN
Area
5001
Geographic Area
PB30
Parcel Number
50434311020000061
Zoning
R-B(ci
Directions
Ocean Blvd North to Ocean Lane

Financial Information

Tax Year
2019
Tax Annual Amount
107782
Tax Legal Description
OCEAN LANE N 6 FT OF LT 6 (LESS WLY 75.90 FT) & LT 7

Status Change Information

Major Change Timestamp
2020-12-30T14:42:27Z
Major Change Type
Status Change
Price Change Timestamp
2020-10-14T19:03:54Z
Status Change Date
2020-12-30
Under Contract Date
2020-11-24
Close Date
2020-12-22
Close Price
20200000
Buyer Financing
Cash
SP/Acre
39677862.9

More Information

Short Sale Details

Short Sale Addendum
No

Buyer Details

Country of Origin
United States

Price Calculations

Original List Price To Close Price
0.98

Originating Details

Originating System Key
20200811175714966512000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Documents Available

Survey
Yes

Current Use

Single Family
Yes

Development Status

Recorded Plat
Yes

Location of Property

Beach Access
Yes

Possible Use

Single Family
Yes

Trees

None
Yes

Utilities

Electricity Available
Yes
Water Available
Yes

Vegetation

Grassed
Yes

Water View

Ocean
Yes

Listing Terms

Cash
Yes

Lot Features

Cleared
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes

Waterfront Features

Ocean Front
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

None
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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