Auction Detail

Oceanfront Hotel in Palm Beach Shores, FL

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Live On-Site Auction

Began: Friday, June 08, 2012 at 11:00 AM EDT

Location: 123 South Ocean Avenue, Palm Beach Shores, FL 33404

Inspection

Began: Thursday, May 03, 2012 at 8:30 AM EDT

Ended: Thursday, May 03, 2012 at 10:30 AM EDT

Location: 123 South Ocean Avenue, Palm Beach Shores, FL 33404

Details

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To be Sold to the Highest Bidder at or above a Bid Price of $3,750,000!

  • 51-room Oceanfront Hotel with a 2-bedroom Penthouse Suite
  • Rooftop Restaurant and Terrace overlooking the Atlantic Ocean
  • Resorty Style Swimming Pool and Tiki Bar Area on First Floor
  • 169+/- Ft. Frontage on Ocean Avenue
  • 4-Story, Interior Corridor Building
  • Underground parking for 40 cars, surface parking for 16
  • Current zoning density allows for a 50,000+/- SF, 6-story, 27 unit Condominium

3% Broker Participation

Contact Neil Saffer for questions / property tours at 561.305.5231

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