A vacant 2-acre prime lot on Billionaire's Row has been listed for $200 million, shortly after a comparable property sold for $178 million. The listing emphasizes the unique opportunity for ground-up construction with no prior structures, as described by agent Shelly Newman. It is touted as the only available vacant lot with both oceanfront and Intracoastal waterway access in the area, making it one of the few such exclusive parcels in Palm Beach. Previously listed at $150 million in 2022, the property underscores its rare market position in this affluent locale.
This property is truly the last of its kind, allowing for first-time, ground-up, new construction—a truly unique offering on Billionaire's Row.
There are only approximately 20 properties that expand from ocean to Intracoastal in Palm Beach, making this property one of those few exclusive parcels.
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