Home in 1550 S Ocean Boulevard, Palm Beach, FL 33480 for sale with MLS# R11135135

Fabulous opportunity to acquire an oceanfront property on Billionaires Row in Palm Beach's Estate Section. This unique property was originally designed by Addison Mizner and features 3BR/3.1BA, beach access, gorgeous views of the Atlantic Ocean and peeks of the Intracoastal Waterway.

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1550 S Ocean Boulevard, Palm Beach, FL 33480

Price
Price:
$23,000,000.00
Original List Price:
$28,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$6,678.28
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Reduced
Last Major Update on:
January 7, 2026 5:55 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
4
Full Bath:
3
Half Bath:
1
Room Type:
Family Room, Kitchen, Living Room, Master Bedroom
Rooms Total:
4
Master Bedroom Bath:
Master Bdrm - Upstairs, Separate Shower, Separate Tub
Measures
Living Area:
3,444 Sqft
Built-Up Area:
4,176 Sqft
Lot Area:
11,325.60 Sqft
Building Area Source:
Public Records
Lot Size Acres:
0.26
Property Features
View from the Property:
Lake, Ocean, Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Front
Private Pool
Swimming Pool Features:
In Ground
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Free-Standing Freezer
Interior:
Walk-In Closet(s), Built-in Features
Exterior:
Balcony
Patio and Porch:
Patio, Patio - Covered, Patio - Open
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
East
Balcony Details:
Balcony - Open
Construction
Year Built:
1928
Levels:
Two
Construction Materials:
Brick
Flooring:
Wood, Other
Number of stories:
3
Stories:
3
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$33,611.8
Tax Year:
2024
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Sewer Available, Water Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
LAGOMAR PARK 2
Senior Community:
No
Restrictions:
Other Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
LAGOMAR PARK NO 2 PART OF LOT 1 & N 8.32 FT OF S 90.82 FT OF E 13.27 FT OF LT10 IN OR276P80 & N 15 FT OF LT 1-A
Real Estate Folio Number (Parcel Number):
50434402040000012
Zoning:
R-A(ci
Listing History
Active on the market since:
October 24, 2025
Listing Agreement executed on:
October 20, 2025
Price change occurred on:
January 7, 2026 5:55 pm
Listing Status Last Changed On:
October 24, 2025 8:49 pm
Photos updated on:
October 24, 2025 9:09 pm
Last Modified:
April 10, 2026 8:21 pm
Additional Information
Courtesy of:
Christian Angle Real Estate
Attribution:
Not provided
Location
Street Name:
Ocean
Street Number:
1550
City:
Palm Beach
State:
Florida
Zip Code:
33480
County:
Palm Beach
Latitude:
N26° 39' 44.2''
Longitude:
W81° 57' 46.1''
Street Suffix:
Boulevard
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $151,121
Median Home Value $1,218,500
Median Rent $1,840/mo
Median Age 69
Population 10,901

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This listing can also be located in the MLS system as RX-11135135
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.