324 Cherry Lane, Palm Beach, FL 33480
$9,200,000
Property Type:
Land & Docks
Lot Size (sq. ft.):
30,056
Status:
Closed
Current Price:
$9,200,000
List Date:
4/28/2011
Last Modified:
1/11/2026
Description
Rare intracoastal building opportunity! The last remaining buildable parcel with high elevation and total privacy. Sought after location close to town, stunning views, deep water dock. Survey available.
More Information MLS# R3194671
Contract Information
Comp Sale YN: No
LP/Acre: 15362318.84
LP/Frontage: 106000
Listing Contract Date: 2011-04-28
Status: Closed
Original List Price: 11900000
Sold Price: $9,200,000
Current Price: $9,200,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Country: United States
Street Number: 324
Street Name: Cherry
Street Suffix: Lane
State Or Province: FL
Postal Code: 33480
Subdivision Name: Cherry Lane
Area: 5001
Parcel Number: 50434310090000111
Zoning: Rb
Directions: North Lake Way north to Cherry Lane, left on Cherry.
General Property Information
Number Of Lots: 1
Lot Size Dimensions: 29192 SF
Lot Depth: 317
Lot Frontage: 100
LP/Assessed Value: 1.58
LP/SqFt: 352.67
Property Sub Type: Unimproved Land
Lot Size Acres: 0.69
Lot Size Square Feet: 30056.4
Waterfront YN: 1
Direction Faces: West
Financial Information
Tax Assessed/SOH Value: 6702205
Tax Year: 2010
Tax Annual Amount: 127048
Tax Legal Description: Cherry Lane Lot:11 Blk: Lot SqFt:27411 Frontage:100 Depth:245
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
SP/Acre: 13333333.33
Major Change Timestamp: 2012-01-13T17:46:00Z
Major Change Type: Price Change
Price Change Timestamp: 2012-01-13T17:46:00Z
Status Change Date: 2012-04-18
Under Contract Date: 2012-04-02
Close Date: 2012-04-17
Close Price: 9200000
Documents Available
Aerial: 1
Survey: 1
Fencing
Fenced: 1
Current Use
Single Family: 1
Development Status
Raw Land: 1
Location of Property
Other: 1
Possible Use
Single Family: 1
Sewer
Public Sewer: 1
Trees
Partial Tree Coverage: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Road Frontage Type
Public Road: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Price Calculations
Current Price To SqFt: 2242.8
Original List Price To Close Price: 1.29
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 20130214111712705460000000
Originating System ID: M00000170
Property Features
Current Use: Single Family
Development Status: Raw Land
Documents Available: Aerial; Survey
Fencing: Fenced
Location of Property: Other
Possible Use: Single Family
Sewer: Public Sewer
Trees: Partial Tree Coverage
Utilities: Electricity Available; Sewer Available; Water Available
Listing Terms: Cash; Conventional
Lot Features: Cleared
Road Frontage Type: Public Road
Road Surface Type: Paved
Water Source: Public
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office:
The Corcoran Group
Last Updated: January - 11 - 2026
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