318 CARIBBEAN Road, Palm Beach, 33480 (MLS# R2343752)

318 CARIBBEAN Road, Palm Beach, 33480

$9,000,000

Property Type: Residential Bedrooms: 5 Baths: 6 Status: Closed

Current Price: $9,000,000 List Date: 7/22/2003 Last Modified: 1/11/2026

Overview

Description

45,190 SQ FT DIRECT LAKEFRONT ACRE W/145FT OF BEST WATER FRONTAGE THIS IS THE ONLY PROPERTY ON PB FACING SOUTHWARD FOR UNIQUE, PANORAMIC UNSPOILED VIEWS. IDEAL LOCATION AND LOT TO BUILD LARGE ESTATE HOME. PROPERTY IS BEING SOLD FOR LAND VALUE ONLY. EXISTING HOUSE IS VINTAGE 1940' AND WOULD REQUIRE TOTAL RENOVATION.

Listing Details MLS# R2343752

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: Yes
Year Built: 1940
Lot Size Dimensions: 45,190 SQ FT
Frontage Length: 145
Senior Community YN: No
Waterfront YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: Southwest
Pool Private YN: Yes
Spa YN: Yes
Furnished: Unfurnished
LP/Assessed Value: 2.06

Property Features

Electric: Three Phase Flooring: Other Property Condition: New Construction Boat and Dock Features: Electric Available; Lift; Private Dock Construction Materials: Frame; Stucco Cooling: Central Air Heating: Central Interior Features: None Listing Terms: Cash Lot Features: Cul-De-Sac; Fruit Tree(s); Many Trees Other Equipment: None Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition; Shingle Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: City/County; Homestead Exemption Utilities: Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Waterfront Features: Intracoastal; Lake Front; Point Lot; Seawall Showing Requirements: Appointment Only Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2003-07-22
Original List Price: 10600000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 318
Street Name: CARIBBEAN
Street Suffix: Road
City Name: Palm Beach
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: N/A
Area: 5001
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434234030000750
Zoning: RA
Directions: OKEECHOBEE BLVD TO PB;NORTH ON AIA; LEFT ON CARIBBEAN RD TO END

Financial Information

Tax Annual Amount: 44228
Tax Year: 2002
Tax Assessed/SOH Value: 5151227
Tax Legal Description: BOCA RATON CO LAKE FRONT ADD LTS 75 & 88 & W 3 FT PT OF LT 93 IN OR78P351 (LESS PT IN OR3341P1040) &

Status Change Information

Major Change Timestamp: 2003-07-22T05:00:01Z
Major Change Type: New Listing
Status Change Date: 2004-01-16
Under Contract Date: 2003-09-29
Close Date: 2003-10-07
Close Price: 9000000
Buyer Financing: Cash

More Information

Boat and Dock Information

Dock: Yes
Boat Max Length: 40
Dock Details: Yes
Boat Dock Accommodates: Up to 40 Ft Boat

Pool Size Details

Pool Size (WxL): 30 X 18

Price Calculations

Original List Price To Close Price: 1.17

Originating Details

Originating System Key: 20130204144302538665000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Electric

Three Phase: Yes

Flooring

Other: Yes

Property Condition

New Construction: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water Access

Ocean Access: Yes

Construction Materials

Frame: Yes
Stucco: Yes

Interior Features

None: Yes

Land Lease Information

Land Lease Remarks: No

Listing Terms

Cash: Yes

Lot Features

Cul-De-Sac: Yes
Fruit Tree(s): Yes
Many Trees: Yes

Other Equipment

None: Yes

Pool Features

In Ground: Yes

Roof

Composition: Yes
Shingle: Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes
Lake Front: Yes
Point Lot: Yes
Seawall: Yes

Boat and Dock Features

Electric Available: Yes
Lift: Yes
Private Dock: Yes

Recreation Lease Information

Recreation Lease Remarks: No

Cooling

Central Air: Yes

Showing Requirements

Appointment Only: Yes

Master Bedroom/Bath

None: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes
Homestead Exemption: Yes

Room Types

Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Acreage Description

1 To Less Than 2 Acre Lot: Yes

Room Information

Kitchen Length: 10.00 Length: 10.00 Width: 20.00 Width: 20.00 Living Room Length: 20.00 Length: 20.00 Width: 30.00 Width: 30.00 Master Bedroom Length: 20.00 Length: 20.00 Width: 30.00 Width: 30.00

Listing Office: Unknown Office

Last Updated: January - 11 - 2026

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