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Prime Commercial Land at 201 E Ocean Avenue, Lantana FL

Rare 1.26-acre commercial land package near beach and intercoastal, ideal for boutique hotel, retail, or condos in Lantana, FL.

$7,000,000

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MLS #R11111786

Listing Updated: 2026-07-16 18:42:05

Listed By: Nicklaus Vance

Overview

This exceptional commercial land offering includes four combined parcels totaling approximately 1.26 acres at 201 E Ocean Avenue in Lantana, Florida. The land is fully cleared and grassed, providing a blank canvas ready for development. Located just steps from the intercoastal waterway and directly across the bridge from the beach, this property benefits from a prime coastal location. Adjacent to the well-known Old Key Lime House, the site is well-positioned for various uses including a boutique hotel, retail strip, condominiums, or rental units. Its proximity to water and established neighborhood amenities enhances its appeal for developers and investors seeking a strategic Florida coastal property.

Property Highlights

1.26 acres of cleared commercial land; four combined parcels; steps from intercoastal; near beach access; adjacent to Old Key Lime House; versatile development potential.

Property Details

City: Lantana

State: FL

Zip Code: 33462

Address: 201 E Ocean Avenue, Lantana FL 33462

Year Built:

Property Type: Commercial Land

Property Sub Type: Agriculture

Listing Office Name: Nicklaus Vance

County: Palm Beach County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $11,575

Days On Market: 309 Days

Original Listing Description

RARE OPPORTUNITY FOR INVESTORS & DEVELOPERS: 4 property package; 201, 211, 225, 235 E Ocean Ave totally cleared and grassed ready for its new owners. These are 4 combined parcels physically and are ready for sale. Located steps away from the intercostal and directly across the bridge from the beach. Located next to the famous Old Key Lime House. This would be an incredible parcel for a boutique hotel, or strip of retail stores, condos, or rentals. Total acres: 1.2607

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

201 E Ocean Avenue, Lantana FL 33462

About This Neighborhood

Located in Lantana, this property benefits from a coastal neighborhood known for its relaxed lifestyle and easy access to waterfront amenities. The area features a mix of residential and commercial properties, with local dining, shopping, and recreational options nearby. The adjacency to the Old Key Lime House adds cultural and historic value to the location. Lantana’s community atmosphere and proximity to the beach and intercoastal waterway make it a desirable destination for visitors and residents alike, supporting diverse development opportunities.

Walkability & Lifestyle

This property is situated within walking distance to waterfront areas, local dining, and shopping options that contribute to a vibrant neighborhood atmosphere. Residents and visitors can enjoy easy access to the beach, marinas, and recreational parks. The walkability of the area enhances daily convenience and supports an active lifestyle, making it attractive for developments that emphasize community engagement and outdoor living.

Things To Do Nearby

Lantana offers diverse activities including waterfront dining, boating, fishing, and beach access. Nearby attractions like the Old Key Lime House provide cultural and culinary experiences. Outdoor enthusiasts can enjoy parks and marinas, while local shops and restaurants add to the vibrant lifestyle. This location supports a balanced mix of relaxation and recreation, appealing to residents and visitors alike.

Nearby Schools

The Lantana area offers convenient access to a range of educational institutions serving families in the community. Nearby schools provide options for primary and secondary education, contributing to the neighborhood’s appeal for residents. The accessibility of schools complements the location’s suitability for mixed-use development that may include residential components, supporting families and professionals relocating to the area.

Why Buyers Like This Area

Buyers appreciate this Lantana property for its prime coastal location, versatility, and proximity to both the beach and intercoastal waterway. The cleared land offers a ready-to-develop site that supports a range of commercial or residential projects. Its adjacency to well-known local landmarks and access to community amenities make it a practical choice for those seeking a strategic Florida property with lifestyle appeal.

Investment Potential

This 1.26-acre commercial land package in Lantana offers a unique opportunity for developers and investors interested in coastal Florida properties. Its cleared and grassed condition allows for immediate planning and development. The proximity to the intercoastal and beach enhances its appeal for hospitality, retail, or residential projects. Given its location near popular landmarks and waterfront access, the site is well-positioned to attract tenant interest and seasonal demand. While the property is suited for various uses, careful market analysis and planning will help maximize its potential in this sought-after coastal community.

Market Trends

The Lantana real estate market reflects steady interest in coastal properties, with demand driven by lifestyle and location advantages. Commercial land parcels near the water remain limited, increasing the appeal of available lots like this one. Developers are attracted to sites that offer flexibility for mixed-use projects including hospitality, retail, and residential units. Market trends indicate a preference for properties that combine accessibility with waterfront proximity, making this land package a relevant option for current and future development plans.

Rental Income Potential

Given its strategic location near the beach and intercoastal waterway, this commercial land has potential to support rental properties that appeal to seasonal visitors and locals. Developments such as boutique hotels or rental condominiums could attract tenants seeking coastal access and amenities. While rental income depends on the final development and market conditions, the site’s proximity to popular attractions and waterfront enhances its desirability for tenants and short-term renters.