318 CARIBBEAN Road, Palm Beach, 33480
$9,000,000
Property Type:
Residential
Bedrooms:
5
Baths:
6
Status:
Closed
Current Price:
$9,000,000
List Date:
7/22/2003
Last Modified:
1/11/2026
Description
45,190 SQ FT DIRECT LAKEFRONT ACRE W/145FT OF BEST WATER FRONTAGE THIS IS THE ONLY PROPERTY ON PB FACING SOUTHWARD FOR UNIQUE, PANORAMIC UNSPOILED VIEWS. IDEAL LOCATION AND LOT TO BUILD LARGE ESTATE HOME. PROPERTY IS BEING SOLD FOR LAND VALUE ONLY. EXISTING HOUSE IS VINTAGE 1940' AND WOULD REQUIRE TOTAL RENOVATION.
More Information MLS# R2343752
Contract Information
Comp Sale YN: No
Listing Contract Date: 2003-07-22
Status: Closed
Original List Price: 10600000
Sold Price: $9,000,000
Current Price: $9,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Country: United States
Street Number: 318
Street Name: CARIBBEAN
Street Suffix: Road
Postal Code: 33480
Subdivision Name: N/A
Area: 5001
Parcel Number: 50434234030000750
Zoning: RA
Directions: OKEECHOBEE BLVD TO PB;NORTH ON AIA; LEFT ON CARIBBEAN RD TO END
General Property Information
Lot Size Dimensions: 45,190 SQ FT
Senior Community YN: No
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Pool Private YN: Yes
Spa YN: Yes
LP/Assessed Value: 2.06
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: 1
Year Built: 1940
Frontage Length: 145
Waterfront YN: 1
Direction Faces: Southwest
Financial Information
Tax Assessed/SOH Value: 5151227
Tax Annual Amount: 44228
Tax Year: 2002
Tax Legal Description: BOCA RATON CO LAKE FRONT ADD LTS 75 & 88 & W 3 FT PT OF LT 93 IN OR78P351 (LESS PT IN OR3341P1040) &
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2003-07-22T05:00:01Z
Major Change Type: New Listing
Status Change Date: 2004-01-16
Under Contract Date: 2003-09-29
Close Date: 2003-10-07
Close Price: 9000000
Amenities
None: 1
Electric
Three Phase: 1
Flooring
Other: 1
Property Condition
New Construction: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
Ocean Access: 1
Construction Materials
Frame: 1
Stucco: 1
Interior Features
None: 1
Land Lease Information
Land Lease Remarks: 0
Listing Terms
Cash: 1
Lot Features
Cul-De-Sac: 1
Fruit Tree(s): 1
Many Trees: 1
Other Equipment
None: 1
Pool Features
In Ground: 1
Roof
Composition: 1
Shingle: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Lake Front: 1
Point Lot: 1
Seawall: 1
Boat and Dock Information
Dock: Yes
Boat Max Length: 40
Dock Details: 1
Boat Dock Accommodates: Up to 40 Ft Boat
Boat and Dock Features
Electric Available: 1
Lift: 1
Private Dock: 1
Recreation Lease Information
Recreation Lease Remarks: 0
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Pool Size Details
Pool Size (WxL): 30 X 18
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Homestead Exemption: 1
Room Types
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Price Calculations
Original List Price To Close Price: 1.17
Acreage Description
1 To Less Than 2 Acre Lot: 1
Originating Details
Originating System Key: 20130204144302538665000000
Originating System ID: M00000170
Property Features
Electric: Three Phase
Flooring: Other
Property Condition: New Construction
Boat and Dock Features: Electric Available; Lift; Private Dock
Construction Materials: Frame; Stucco
Cooling: Central Air
Heating: Central
Interior Features: None
Listing Terms: Cash
Lot Features: Cul-De-Sac; Fruit Tree(s); Many Trees
Other Equipment: None
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition; Shingle
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler
Tax Information: City/County; Homestead Exemption
Utilities: Sewer Available; Water Available
Water Access: Ocean Access
Water Source: Public
Waterfront Features: Intracoastal; Lake Front; Point Lot; Seawall
Showing Requirements: Appointment Only
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: 1 To Less Than 2 Acre Lot
Room Information
Kitchen
Length: 10.00
Length: 10.00
Width: 20.00
Width: 20.00
Living Room
Length: 20.00
Length: 20.00
Width: 30.00
Width: 30.00
Master Bedroom
Length: 20.00
Length: 20.00
Width: 30.00
Width: 30.00
Listing Office:
Unknown Office
Last Updated: January - 11 - 2026
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