An undeveloped Palm Beach property that is rare has entered the market with a remarkable price of $200 million, securing its position as one of the most expensive listings in the nation.

Situated just a short five-minute distance from Mar-a-Lago, owned by President Donald Trump, this 2-acre parcel in South Florida stands out as the sole vacant lot in the region that offers both ocean and Intracoastal frontage, as mentioned by Shelly Newman from the Corcoran Group.

According to Newman, who spoke with The Post, there are around 20 properties in Palm Beach proper that stretch from the ocean to the Intracoastal, and this property is among the select few exclusive parcels. Newman also expressed that the opportunity to construct a new building from scratch makes this listing a once-in-a-lifetime chance.

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 two separate residences. 

Palm Beach’s luxury real estate market has been on fire since Trump’s re-election in November, with a surge of ultra-wealthy buyers looking to plant roots in the exclusive enclave. January’s numbers show the demand isn’t slowing down anytime soon.