334 Chilean Avenue, Palm Beach, FL 33480

$8,500,000
Property Type: Land & Docks Lot Size (sq. ft.): 9,375 Status: Closed
Current Price: $8,500,000 List Date: 7/26/2021 Last Modified: 3/13/2026

Description

Golden opportunity to build your dream home in town! Oversized property in the ultimate location on Chilean Avenue with a rear southern exposure and opportunity to build approximately 5200 sq.ft. according to town RC zoning guidelines. Take advantage of the only available cleared property ready to build within walking distance to the beach, Worth Avenue, island restaurants and the town docks. ARCOM approved plans for new construction included in purchase price.

More Information MLS# R10733178

Contract Information

Comp Sale YN: No LP/Acre: 39498141.26 LP/Frontage: 113333.33 Listing Contract Date: 2021-07-23 Status: Closed Original List Price: 8500000 Sold Price: $8,500,000 Current Price: $8,500,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Street Number: 334 Street Name: Chilean Street Suffix: Avenue State Or Province: FL Postal Code: 33480 Subdivision Name: ROYAL PARK Area: 5002 Parcel Number: 50434323050110110 Zoning: R-C(ci Directions: I-95 to Okeechobee Blvd to Royal Palm Bridge. From Royal Palm Bridge, make right on Hibiscus Ave, then right on Chilean Ave. Property is mid block on the left.

General Property Information

Lot Size Dimensions: 75.0 ft x 125.0 ft Lot Depth: 125 Lot Frontage: 75 LP/SqFt: 906.67 Property Sub Type: Unimproved Land Lot Size Acres: 0.22 Lot Size Square Feet: 9375 Direction Faces: North

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash SP/Acre: 39498141.26 Major Change Timestamp: 2022-03-02T18:13:59Z Major Change Type: Status Change Status Change Date: 2022-03-02 Under Contract Date: 2022-02-09 Close Date: 2022-03-01 Close Price: 8500000

Short Sale Details

Short Sale Addendum: No

Documents Available

Aerial: 1 Survey: 1

Fencing

Fenced: 1

Current Use

Commercial: 1 Single Family: 1

Development Status

Raw Land: 1

Location of Property

City Location: 1

Possible Use

Single Family: 1

Sewer

Public Sewer: 1

Trees

Partial Tree Coverage: 1

Utilities

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1

Vegetation

Grassed: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Cleared: 1 Sidewalks: 1

Other Equipment

Irrigation Equipment: 1

Road Frontage Type

Private Road: 1

Road Surface Type

Paved: 1

Water Source

Public: 1

Showing Requirements

Call Listing Agent: 1 Sign On Property: 1 Text Listing Agent: 1

Contingencies

None: 1

Price Calculations

Original List Price To Close Price: 1

Acreage Description

Less Than 1/4 Acre Lot: 1

Financial Information

Tax Year: 2020 Tax Annual Amount: 35414.7 Tax Legal Description: ROYAL PARK ADD LTS 11 TO 13 INC BLK 11

Originating Details

Originating System Key: 20210722175249800515000000 Originating System ID: M00000170

Property Features

Current Use: Commercial; Single Family Development Status: Raw Land Documents Available: Aerial; Survey Fencing: Fenced Location of Property: City Location Possible Use: Single Family Sewer: Public Sewer Trees: Partial Tree Coverage Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available Vegetation: Grassed Listing Terms: Cash; Conventional Lot Features: Cleared; Sidewalks Other Equipment: Irrigation Equipment Road Frontage Type: Private Road Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent; Sign On Property; Text Listing Agent Contingencies: None Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Compass Florida LLC
IDX
Last Updated: March - 13 - 2026
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