Remarkable residence on Palm Beach waterfront listed

For all its three-quarters of a century, the home at 225 Indian Road, in Palm Beach remains a remarkable residence. Perched on the Intracoastal at the Palm Beach inlet, it affords views of yachts sailing by. Just offshore, weekenders enjoy Peanut Island and Sailfish Marina.

It's a unique home on a unique spot on the island of Palm Beach, said Steve Davis, senior broker associate with Corcoran Group Palm Beach. Davis and Jim McCann hold the listing for the property. Asking price: $11.95 million.

Built in 1937 and thoroughly renovated in 2002, the home features five bedrooms, 7.5 bathroom, and 5,364 square feet of living space. The home's interior is rivaled by its outdoor amenities. It has a Har-Tru tennis court, a pool by the water and some 250 feet of sandy beach waterfront on the inlet.

"This is a spectacular site," Davis said. "There's so much to see on the water, even at night."