324 Cherry Lane, Palm Beach, FL 33480 (MLS# R3194671)

324 Cherry Lane, Palm Beach, FL 33480

$9,200,000
Property Type: Land & Docks Lot Size (sq. ft.): 30,056 Status: Closed
Current Price: $9,200,000 List Date: 4/28/2011 Last Modified: 1/11/2026

Overview

Description

Rare intracoastal building opportunity! The last remaining buildable parcel with high elevation and total privacy. Sought after location close to town, stunning views, deep water dock. Survey available.

Listing Details MLS# R3194671

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
Yes
Lot Size Acres
0.69
Lot Size Square Feet
30056.4
Lot Size Dimensions
29192 SF
Lot Depth
317
Waterfront YN
Yes
Lot Frontage
100
Direction Faces
West
LP/Assessed Value
1.58
LP/SqFt
352.67

Property Features

Current Use: Single Family Development Status: Raw Land Documents Available: Aerial; Survey Fencing: Fenced Location of Property: Other Possible Use: Single Family Sewer: Public Sewer Trees: Partial Tree Coverage Utilities: Electricity Available; Sewer Available; Water Available Listing Terms: Cash; Conventional Lot Features: Cleared Road Frontage Type: Public Road Road Surface Type: Paved Water Source: Public Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2011-04-28
Original List Price
11900000
LP/Acre
15362318.84
LP/Frontage
106000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
324
Street Name
Cherry
Street Suffix
Lane
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
Cherry Lane
Area
5001
Geographic Area
PB30
Parcel Number
50434310090000111
Zoning
Rb
Directions
North Lake Way north to Cherry Lane, left on Cherry.

Financial Information

Tax Year
2010
Tax Annual Amount
127048
Tax Assessed/SOH Value
6702205
Tax Legal Description
Cherry Lane Lot:11 Blk: Lot SqFt:27411 Frontage:100 Depth:245

Status Change Information

Major Change Timestamp
2012-01-13T17:46:00Z
Major Change Type
Price Change
Price Change Timestamp
2012-01-13T17:46:00Z
Status Change Date
2012-04-18
Under Contract Date
2012-04-02
Close Date
2012-04-17
Close Price
9200000
Buyer Financing
Cash
SP/Acre
13333333.33

More Information

Price Calculations

Current Price To SqFt
2242.8
Original List Price To Close Price
1.29

Originating Details

Originating System Key
20130214111712705460000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Documents Available

Aerial
Yes
Survey
Yes

Fencing

Fenced
Yes

Current Use

Single Family
Yes

Development Status

Raw Land
Yes

Location of Property

Other
Yes

Possible Use

Single Family
Yes

Sewer

Public Sewer
Yes

Trees

Partial Tree Coverage
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes

Road Frontage Type

Public Road
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Listing Office: The Corcoran Group
IDX
Last Updated: January - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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