5060 North Ocean Drive
$18,000,000
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Description
Colliers is pleased to present the opportunity to acquire the Condado Development Site, an oceanfront development opportunity. The Condado is an aging three story co-op built in 1966 comprising 13 units. The property features private beach access. The Condado Site is approximately 1.115 acres, with 138 feet of frontage on the Atlantic Ocean located on Singer Island, directly north of Palm Beach Island. This site offers developers the opportunity to build a boutique, ultra-luxury, beachfront residential...Colliers is pleased to present the opportunity to acquire the Condado Development Site, an oceanfront development opportunity. The Condado is an aging three story co-op built in 1966 comprising 13 units. The property features private beach access. The Condado Site is approximately 1.115 acres, with 138 feet of frontage on the Atlantic Ocean located on Singer Island, directly north of Palm Beach Island. This site offers developers the opportunity to build a boutique, ultra-luxury, beachfront residential project to capitalize on the influx of wealth to Palm Beach County. The inplace RM-20 zoning allows for a maximum density of 20 units per acre on the site, a FAR of 1.30, and a maximum height of 200feet.
- Listed by Cliff Glansen • FlatFee.com
Property Details for 5060 North Ocean Drive
Subdivision
CONDADO INC
WaterfrontYes
Waterfront DetailsOcean Front
LISTING UPDATED: 11/07/2024 02:00 AM
Property Details for 5060 North Ocean Drive
Status | Active |
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MLS # | RX-11034811 |
Days on Market | 9 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industry / MultiFamily (5+ Units) |
Year Built | 1966 |
Lot Size | - |
County | Palm Beach County |
Building
Building Information for 5060 North Ocean Drive
Stories2Residences13Year Built1966Building Size-Lot Size-
Property Information for 5060 North Ocean Drive
Property History for 5060 North Ocean Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5060 North Ocean Drive
Taxable ValueLand-Additions-Total-
Home Facts
Beds0StyleCooperativeYear Built1966CountyPALM BEACHAPN56-43-42-22-27-000-0000
Schools near 5060 North Ocean Drive
This home is within Palm Beach.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lincoln Elementary School PublicPK to 5 | ||
John F. Kennedy Middle School Public6 to 8 | ||
William T. Dwyer High School Public9 to 12 | ||
Inlet Grove Community High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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