Open House | Coming Soon

A Palm Beach Rarity. Double Lot. Triple Possibility.

The Hidden Gem of Palm Beach
Tucked quietly within one of Palm Beach’s most desirable neighborhoods, this rare double-lot property presents a unique opportunity to craft something truly extraordinary. Built in 1952 and gracefully maintained, the existing residence is move-in ready, yet offers exceptional value-add potential for those with vision.

Whether you imagine a custom estate residence, a stylish reimagining of the original architecture, or a strategic redevelopment into two luxury homes, this property stands as a blank canvas in a location where opportunity is scarce.

Situated just moments from world-class beaches, fine dining, and the timeless elegance of Worth Avenue, this offering blends the best of Old Palm Beach character with future-facing flexibility.

Highlights

• Oversized double lot in prime Palm Beach
• Livable 1952-built home with classic charm
• Potential for custom build, remodel, or subdivision
• Price under $5.5M — a standout value in today’s market
• Steps from the beach, shops, and restaurants

This prime development property offers a rare chance to create something truly remarkable in the heart of Palm Beach. Currently featuring a three-unit apartment building, the site comes with ARCOM-approved architectural plans for a breathtaking 5-bedroom, 6.5-bath luxury chateau — eliminating months of planning and accelerating your vision.

Steps from both the ocean and the Intracoastal, this property is more than a home — it’s a canvas for lifestyle, luxury, and investment. Imagine expansive living areas, a gourmet kitchen, a spa-like owner’s suite with private terrace, and a lushly landscaped garden with a resort-style pool — all within walking distance of fine dining, cultural attractions, houses of worship, and Worth Avenue.

An Exceptional Opportunity for Builders, Investors, or End-Users:

1. Build & Sell – Capitalize on the approved plans and create a custom luxury home with high resale potential in a market hungry for new construction.

2. Subdivide & Develop – Explore the possibility of subdividing the double lot for two new residences, maximizing the property's footprint and return.

3. Renovate & Hold – Retain the existing structure and reposition it with modern luxury upgrades as a high-demand long- or short-term rental.

Whether you're a visionary end-user, seasoned investor, or experienced developer, this is an opportunity to claim your place in Palm Beach’s most coveted coastal corridor.

Offered under $5.5M.