tomo logo

$33,500,000

Beds
7
Baths
9.5
sq ft
17,963

1200 S Ocean Blvd, Lantana, FL 33462

1200 S Ocean Blvd

Manalapan, FL 33462

  • Coming soon
Featuring over 1.58 acres and 150 feet of direct ocean frontage and 150 feet of direct, deepwater intracoastal frontage with direct ocean access is 1200 S Ocean Blvd, an incredible offering in the Manalapan Ocean to Lake section. This is an amazing opportunity to renovate the existing home or build your dream home on one of the only remaining oceanfront buildable lots in the prestigious town of Manalapan. The current CBS home offers over 25,000 square feet of luxurious living space with 7 ensuite bedrooms and 8 full and 3 half bathrooms, a very workable floorplan with commanding ocean views, concrete tennis court, and a 5-car garage. Residents of this esteemed sea-side town, just minutes from Palm Beach and Worth Avenue, enjoy gratis access to the 5-star Eau Hotel and Spa

Details

Property type

Single Family Residence

Est. home value

$33,213,685

Lot size

1.58 acres

Price per sq ft

$1,865

Year built

1997

Annual property taxes

$454,905

Price History

08/06/2024
Beaches

Beaches #R10956978

Removed
$34,900,000
05/20/2024
Beaches

Beaches #R10956978

Price change
$34,900,000
-12.53%
02/05/2024
Beaches

Beaches #R10956978

Listed
$39,900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citibank Na

Loan start date

August 2021

Original loan amount

$17,500,000

Est. remaining balance

Not provided

Interest rate

2.37%

Loan type

New Conventional, 30 year

Seller

1200 Ocean Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 01/03/2025 at 2:00 AM

Listing updated: 01/02/2025 at 7:01 PM

Listed by: Nick Younker, William Raveis Palm Beach LLC Phone #: (561) 655-6570

MLS: Beaches #R11047650

Beaches logo

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