Home » Palm Beach » 1150 N Ocean Way, Palm Beach, FL 33480 | R11057833/RX-11057833

For Sale 1150 N Ocean Way, Palm Beach, FL 33480

$20,000,000

Property Highlights

Listing ID R11057833/RX-11057833 Status of this Listing: Active For Sale Newly Listed Property Property Type Residential Single Family House 6 Bedrooms 9 Bathrooms Total 6 Full Bath 3 Half Bath Living Space 6,150 Sqft/571.35 m2 approx. Building Area 8,408 Sqft/781.13 m2 approx. Lot area 24,979 Sqft/2320.63 m2 approx. The property features a private pool Year Built 2027 Time of this property on Rebonus 1 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

Original List Price:$20,000,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Property Condition:
  • New Construction
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:2

Property Features

Waterfront:No
Private Pool:Yes
Swimming Pool Features:
  • Pool
Furnished:
  • Unfurnished
Interior Features:
  • Walk-in Closet(s)
  • Separate Shower
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

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

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

Community

Pets Allowed?:Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Other
Subdivision Name:EL ENCANTO
Community Features:
  • Non-gated
Complex Name:EL ENCANTO
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:4
Covered Spaces:4

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Electricity Available
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-11057833
Type of Governing BodiesNo Governing Body
Ref1104116583

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
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 31, 2025 2:45 pm
Status Last Changed:January 31, 2025 12:00 am
Photos Last Modified:January 31, 2025 9:03 pm
Last Modified:February 1, 2025 7:32 am
Days on the Market Reference Date:February 1, 2025
Days on the Market (updated on Last Modified*):1
Cumulative Days on the Market (updated on Last Modified**):1

Additional Information

Lot Size Range:,
Number of Photos:6
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' 17.1''
Longitude:W81° 57' 43.5''

Neighborhood

Postal City:Palm Beach

Property Map

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