Home » Palm Beach » 1150 N Ocean Way, Palm Beach, FL 33480 | R11057831/RX-11057831

Single Family House For Sale 1150 N Ocean Way, Palm Beach, FL 33480

$17,475,000
Price has decreased by $2,525,000

Property Highlights

Listing ID R11057831/RX-11057831 Status of this Listing: Active For Sale Property Type Land Single Family House Lot area 24,979 Sqft/2320.63 m2 approx. Time of this property on Rebonus 31 Day(s)

1150 N Ocean Way, Palm Beach, FL 33480

Property Description: A rare opportunity to own a double lot on a coveted North End street, now available with ARCOM-approved plans. This expansive 24,979 SF corner property, located at El Pueblo and N. Ocean Way, offers direct access to the beach and bike trail. Designed by internationally renowned architect Clemens Bruns Schaub, the approved plans embrace seamless indoor-outdoor island-style living, maximizing the estate 's impressive scale. Move forward with these ready-to-build plans and bypass the approval process or create your own custom residence on one of the last remaining double lots in the North End.

Useful Info

Previous Asking Price:$18,750,000
Original List Price:$20,000,000

Land Lot (Parcel) Details

Lot Size Acres:0.57
Lot Features:
  • Beach Front
  • City Lot
Lot Size Unit:Square Feet

Property Features

Waterfront:No
Road Responsibility:
  • Public Maintained Road

Taxes and Expenses

Tax Annual Amount:$208,216

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Documents Available:
  • Building Plans
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Road Surface Type:
  • Paved
Subdivision Name:EL ENCANTO
Complex Name:EL ENCANTO
Senior Community:No
Development Status:
  • Site Plan Filed

Parking

Covered Spaces:0

More Details

Other Information:
Data exchange original Listing NumberRX-11057831
Ref1104117229

Zoning and Legal

Tax Legal Description:EL ENCANTO~ LTS 24 & 25
Real Estate Folio Number (Parcel Number):50434302010000240
Zoning Description:R-B(ci

Listing History

Update/EventDate/Days
Published Date:January 31, 2025 2:37 pm
On Market Date:January 31, 2025
Listing Contract Date:January 31, 2025
Price Change Date Time:February 28, 2025 12:00 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:February 28, 2025 2:04 pm
Status Last Changed:January 31, 2025 12:00 am
Photos Last Modified:February 26, 2025 8:56 pm
Last Modified:February 28, 2025 8:12 pm
Days on the Market Reference Date:February 28, 2025
Days on the Market (updated on Last Modified*):28
Cumulative Days on the Market (updated on Last Modified**):28

Additional Information

Lot Size Range:,
Number of Photos:13
Location:Beach Area,City Location,City Location
Included:,,
Geographical Area:Palm Beach 5001; 5002; 5003; 5004
Area:5001
Automated Valuation Display:Yes
Courtesy of:Douglas Elliman
Universal Property Id:US-12099-N-50434302010000240-R-N

Location

Show Property Address:Yes
Street Name:Ocean Way
Street Number:1150
Street Direction Prefix:N
Street Address:1150 N Ocean Way
City : Palm Beach
State : Florida
Zip Code : 33480
County : Palm Beach
Full Address:1150 N Ocean Way, Palm Beach, FL 33480
Latitude:N26° 45' 17''
Longitude:W81° 57' 43.6''

Neighborhood

Postal City:Palm Beach

Property Map