The apartments at 2 Twenty Third Ave, Palm Beach, will be demolished to make way for Pacific Palm Beach. Renders of Pacific Palm Beach to be built on Twenty Third Ave.THE ink on the sale of a Palm Beach apartment block is dry, paving the way for a luxury waterfront development.The $6.685 million sale of the four-storey unit complex at 2 Twenty Third Ave settled in the past month. Renders of Pacific Palm Beach. The apartments at 2 Twenty Third Ave, Palm Beach, will be demolished to make way for Pacific Palm Beach.More from news02:37International architect Desmond Brooks selling luxury beach villa17 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoRay White Mermaid Beach agent Troy Dowker handled the sale.“That’s a pretty rare site, that one,” Mr Dowker said.“It’s definitely one of the best beachfront sites on the Gold Coast.”It will be demolished to make way for Pacific Palm Beach, another apartment development with 13 designer half-floor residences as well as a double-storey beach house and penthouse with exclusive rooftop terrace. Renders of Pacific Palm Beach.Synergy Property Partners is developing the site while Kollosche Prestige Agents are selling the apartments.One half-floor apartment remains on the market following a successful off-the-plan sales campaign.The development is expected to be finished in July next year.