Palm Beach lot near Mar-a-Lago lists for $200M and its just dirt

A rare, undeveloped Palm Beach parcel has hit the market with a staggering $200 million price tag, cementing its place among the priciest listings in the country. Located just five minutes from President Donald Trump’s Mar-a-Lago, this 2-acre South Florida property is the only available vacant lot in the area boasting both ocean and Intracoastal frontage, according to Shelly Newman of the Corcoran Group. “In Palm Beach proper, there are only approximately 20 properties that expand from ocean to intracoastal, and this property is one of those few exclusive parcels,” Newman told The Post, adding that the chance to build from the ground up makes this listing a “once-in-a-lifetime” opportunity. Newman says location, location, location is the prime reason for the sky-high price tag.“If I had to find reason it would be the increased attention to Palm Beach, the fact that there is the recent Manalapan property asking $285 million, and the alleged Lauder deal is close to $200 million,” Newman said.

“And that this is basically the last [large] undeveloped parcel of residential land in Palm Beach … with both oceanfront and intracoastal access, and the only one to be available for sale [developed or not].”Unlike most high-end properties in the area, there’s no need for demolition or remodeling — a buyer can break ground immediately. The lot’s elevation is also a major selling point, offering “amazing possibilities for the design of the residence, both above and below ground,” according to Newman. While the land is currently empty, preliminary plans by architect Richard Sammons of Fairfax & Sammons have been drafted and are ready for submission to the town’s Architectural Commission. “The footprint and site analysis provide substantial time savings for the new owner when preparing the final ARCOM submission,” Newman added. Those who prefer to go a different route have another option — the land is already subdivided, allowing for...