Palm Beach Lot near Mar-a Lakes for $ 200m-and is just dirt

A rare, underdeveloped Palm Beach parcel has come to the market at a stunning price of $ 200 million, cementing its place among the most valuable lists in the country.

Located only five minutes from President Donald Trump’s Mar-A-Lake, this 2nd South Florida property is the only free part available in the area that boasts both ocean and intracoastal front, according to Shelly Newman Corcoran group.

“In Palm Beach, there are only approximately 20 properties that expand from the ocean to intracoastal, and this property is one of those few exclusive parcels,” Newman told The Post, adding that the chance to build from land make up make up Make up.

Newman says location, location, location is the main reason for the high price in the sky.

“If I had to find the reason, it would be the added attention to Palm Beach, the fact that there is the latest manalapan property demanding $ 285 million, and Lauder’s alleged agreement is closed for $ 200m,” he said Newman.

“And that this is the last one [large] Underdeveloped parcel of residential land in Palm Beach … with both ocean and intracoastal approach, and the only one available for sale [developed or not]. ”

Unlike most high-level properties in the area, there is no need for demolition or remodeling-a buyer can demolish the land immediately.

The height of the draw is also a great point of sale, offering “amazing opportunities for the design of the settlement, both above and underground”, according to Newman.

While the land is currently empty, preliminary plans by architect Richard Sammons of Fairfax & Sammons have been designed and ready to appear on the city’s architectural commission.

“The trace and analysis of the site provided considerable time savings for the new owner when preparing Arcom’s latest appearance,” Newman added.

Those who prefer to go on a different road have another option – the land is already divided, allowing two separate inhabitants.

Palm Beach’s luxurious real estate market has been on fire since Trump’s re -election in November, with an increase in ultra -rich buyers seeking to plant root in the exclusive enclave. January numbers indicate that the demand is not while slowing down any time soon.