Luxury Real Estate Regents

Property Description

700 South Ocean Boulevard, Manalapan Beach, Florida. Offering quiet surroundings in the heart of Florida’s Gold Coast, the prestigious oceanfront enclave of Manalapan Beach lies in Palm Beach County, between the Town of Palm Beach and Boca Raton. Manalapan is convenient to international/executive airports as well as world-class sporting clubs, shops, and restaurants. Residents also enjoy private deeded club privileges at the prestigious Palm Beach Ritz-Carlton Hotel.

Presenting the largest and most desirable direct Ocean-to-Intracoastal vacant residential estate property in South Florida, if not in all the world. This singular setting commands 5.57±- acres fronting an incomparable 520’± on the Atlantic Ocean and 480’± along the Intracoastal Waterway. 700 S. Ocean is nestled in Manalapan Beach’s estate section, consisting of only 28 direct ocean-to-Intracoastal estate homes.

This is a once-in-a-lifetime opportunity to acquire such a large contiguous holding of buildable oceanfront land, peerless in all of South Florida. Distinguished by its remarkable size, the property also offers the exceptional allure of both private beachfront and dockage capability for virtually any size yacht.

Capturing stunning vistas 25’± above sea level, the property is protected by a formidable concrete-and-steel seawall and a privacy wall, 100,000+ cubic yards of clean fill and is ready for immediate construction. Distant, yet neighboring estate homes are valued at not less than forty million dollars. Approved plans for 70,000+/- sq. ft., home available upon qualified request.

The property affords extraordinary investment potential, and could be subdivided into a total of 3 separate lots should development be of interest.  $42,900,000 ($82,500 PFF, $176.82 PSF).