This is an information page only, not a listing.
Interested in this property or something like this? This is NOT a listing, nor do we own or manage this property. This page simply provides information about a commercial property that exists. We do not represent the seller. If you're interested in acquiring it, we can help you pursue it, or help you find alternatives if this particular property isn't viable. Working with an experienced broker often results in better pricing, smoother transactions, and fewer surprises. We bring 25+ years of South Florida CRE experience, access to off-market opportunities, creative deal structuring (joint ventures, tax-advantaged approaches), and sophisticated financial analysis. We coordinate the entire process with attorneys, lenders, and other professionals. Our compensation is performance-based and comes from the transaction only if it closes. Contact us to discuss or click here to learn more about why you should work with us to acquire commercial property.
Property Information - NOT a Listing
This is an informational page only for the property at 2842 S OCEAN BLVD, Palm Beach, FL 33480, Palm Beach County folio #50434423000020160. This is not a listing. Information on this page is aggregated from public records. If you would like us to look into whether this commercial property might be available for acquisition, contact James Hawkins (phone 786-581-7990).
| Palm Beach County Folio Number | 50434423000020160 |
|---|---|
| Municipality | 50 |
| Range | 43 |
| Township | 44 |
| Section | 23 |
| Subdivision | 00 |
| Block | 002 |
| Parcel | 0160 |
| Property Address | 2842 S OCEAN BLVD |
| Property City | Palm Beach |
| Property Zip | 33480 |
| Businesses Near | |
| Land | $53,600,000 |
| Bldg | $17,565,819 |
| Total | $71,165,819 |
| Land Use | 3900 MOTEL |
| Zoning | R-D(2) |
| Owner 1 | 2842 S OCEAN LLC |
| Owner 2 | |
| Mailing Address | 100 SE 2ND ST FL 36 |
| Mailing City | MIAMI |
| Mailing State | FL |
| Mailing Zip | 33131-2134 |
| Mailing Country | |
| Legal Description | 23-44-43~ N 200 FT OF S 812 FT OF GOV LT 2 & TR ADJ THERETO LYG E OF SR A1A IN OR1782 P1715 |
| Adjusted Sq Ft | 99,412 |
| Lot Size | 126,048 |
| Stories | 5 |
| Units | 134 |
| Year Built | 1980 |
| Effective Year Built | 2009 |
| Last Recorded Sale | |
| Sale Type | CT |
| Sale Qual | DD |
| Sale Date | 06/13/2012 |
| Sale Amt | $300,100.00 |
| Second to Last Recorded Sale | |
| Sale Type | DT |
| Sale Qual | DD |
| Sale Date | 09/16/2005 |
| Sale Amt | $10.00 |
| Third to Last Recorded Sale | |
| Sale Type | WD |
| Sale Qual | DM |
| Sale Date | 06/01/1993 |
| Sale Amt | $6,000,000.00 |
| Actual Sq Ft | 99,412 |
This information is provided on a best-efforts basis alone. Do not rely on this to make an investment or real estate related decision.
Site Characterization Tool:
Maps of nearby businesses and essential resources are displayed below as an indication of local commerce near the commercial property located at 2842 S OCEAN BLVD, palm beach, FL 33480.
Potential Comps:
| Properties of the Same Type That Have Sold Nearby in the Past Couple of Years | ||||
| Address | Sq Ft | Acres | Date | Price |
|---|---|---|---|---|
| 1105 S FEDERAL HWY 1, Lake Worth Beach, FL 33460 | 5,286 | 0.31 | 11/20/2024 | $2,175,000 |
| Type: WD | ||||
| 915 S DIXIE HWY 1, Lake Worth Beach, FL 33460 | 3,610 | 0.31 | 04/12/2024 | $1,010,000 |
| Type: WD | ||||
| 1601 S FEDERAL HWY, Lake Worth Beach, FL 33460 | 3,667 | 0.31 | 07/01/2024 | $1,800,000 |
| Type: WD | ||||
| 100 S OCEAN BLVD, Manalapan, FL 33462 | 337,437 | 8.01 | 08/07/2024 | $277,391,500 |
| Type: WD | ||||
| 499 GREYNOLDS CIR, Lantana, FL 33462 | 2,250 | 2.84 | 08/07/2024 | $277,391,500 |
| Type: WD | ||||
| Commercial real estate values can and do vary dramatically for reasons that go well beyond proximity, generaly type of property, square footage, and lot size. The above list of properties of the same type that have sold nearby in the past couple of years should not be deemed to be a reliable set of comps. Nevertheless, this might - or might not - serve as a rough starting point to gauge market value. Please also note that some sales may have characteristics -- such as being a forced sale, a sale between related parties, a partial interest sale, or a multi-parcel sale -- that significantly affect the reported price relative to fair market value. Review each comp carefully before drawing conclusions. | ||||
Interested in this 99,412 square feet commercial property sitting on 126,048 square feet of land (both building and land square footage are per Palm Beach County website) located at 2842 S OCEAN BLVD, Palm Beach, Florida 33480? Perhaps you are interested in whether this property might be for sale or at least could be acquired at a price that would make sense for you or are just interested in the property for comparison or window shopping purposes. This page is an informational page only - not a listing - about the commercial property located at the street address 2842 S OCEAN BLVD, in Palm Beach, Florida within zip code 33480. However, if you have an interest in this property of any kind, whether to purchase it or otherise, contact James Hawkins
via email or by telephone:
James Hawkins
Hawkins Commercial Realty
james@hawkinscre.com
(786)581-7990
Learn more about how Hawkins Commercial Realty can help you acquire commercial property more effectively.
This is an information page only, not a listing.