5200/5300 Essex Court, West Palm Beach, FL 33405

$12,980,000
List Price
$12,980,000
Days on Market
35
MLS#
RX-10539524
Status
ACTIVE
Lot Size
99,822
Subtype
Single Family Detached
County
Palm Beach
Community
Essex Lane
Subdivision
Essex Lane

Property Description

Offering an incomparable opportunity in West Palm Beach's prestigious South End, with two adjoining lots directly along Flagler Drive, encompassing more than 2 acres, and delivering a total of 200+ feet of wide Intracoastal Waterway frontage overlooking Palm Beach Estate homes. The lot includes riparian rights to install deep water docks capable of supporting multiple smaller vessels or a yacht in excess of 100 feet, all minutes from the Palm Beach Inlet and the ocean with no fixed bridges to some of the best fishing in the world! Minutes to Palm Beach, Mara Lago and other exclusive clubs The City of West Palm Beach has already considered and pre-approved plans to build a luxury personal residence on the properties, or subdivide and determine the best application of this rare asset for your needs! Recent municipal improvements have included updates to gas and water lines as well as rainwater drainage, and the Essex Court address may be updated to a South Flagler Drive address. The desirability of this location is without question, in direct view of wide Intracoastal Waterway and Palm Beach estate homes, with the possibility of two full acres to design your ideal estate or subdivide and build up to six estate homes. Surrounding amenities such as prominent private clubs, award-winning shopping, dining, and cultural resources, best-in-class schools, and miles of pedestrian and bike paths only add value. This is the largest waterfront parcel available in the South End or El Cid. The location and opportunity here is unparalleled. Call Elizabeth for further details

Additional Information

Carport
216
Front Exposure
E
Boat Service
Up to 100 Ft Boat
Lot Description
2 to < 3 Acres
Taxes
$21,439
View
Intracoastal
Total Floors
391
Waterfront
Intracoastal, No Fixed Bridges, Ocean Access, Riprap, Seawall
Stories
391
Acres
2.29159779614
Lot Description
2 to < 3 Acres
Price Per Acre
2.46903406081e+11
Boat Services
Up to 100 Ft Boat

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Compass Florida LLC.