7 Ocean Lane, Palm Beach, FL 33480

MLS® ID: R11139593

Description

A oceanfront Single Family Residence of 9,410 sq ft with 5 bedrooms and 8 baths, this residence at 7 Ocean Lane, Palm Beach, FL 33480 captures the lifestyle Palm Beach buyers come here for. The home features Mediterranean architecture with Concrete, Stone Veneer, and CBS construction with a West-facing exposure under a Barrel roof. The home sits on a 0.51-acre lot with dimensions of 106.0 ft x 171.0 ft, with total building area of 14,355 sq ft. Interior highlights include Bar, Entrance Foyer, Kitchen Island, Pantry, Wet Bar, and Walk-In Closet(s). Flooring features Marble and Wood. Climate is managed via Electric and Zoned cooling and Central and Electric heating. Views include Ocean. Waterfront features: Directly on Sand and Ocean Front. A private pool offers Gunite, Heated, and Pool Sweep. A spa is included. Exterior features: Built-in Barbecue, Outdoor Shower, Custom Lighting, and Balcony. Located in Ocean Lane In. Security features include Fire Sprinkler System, Smoke Detector(s), and Security System. No HOA fees apply. The current owner's annual property tax bill is approximately $623,096. Listed at $88,400,000 (~$8,927/sqft). Accepted financing: Cash. Currently active on the market; classified as new construction; 238 days on market.