$23,950,000

1048 S Ocean Blvd Palm Beach, FL 33480

Estimated payment $142,122/month

Total Views 27,355
5 Beds
9 Baths
6,676 Sq Ft
$3,587 Price per Sq Ft

Highlights

  • Ocean Front
  • Private Pool
  • Furnished
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Great Room

About This Home

Beautiful John Volk Regency home with ocean views and beach access. Just three streets North of Mar-a-Lago in the Estate Section, this five bedroom, six full and two half bathroom home is ideal for entertaining. A 40 x 20 foot pool and two upstairs balconies with direct ocean views. Just steps away from a private beach access across the road from the house's front door.

Listing Agent

Elizabeth DeWoody

Compass Florida LLC (PB) License #3293657

Compass Florida LLC (PB)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101,360

Year Built

  • Built in 1952

Lot Details

  • 0.29 Acre Lot
  • Ocean Front
  • Property is zoned R-A(ci

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Property Views

  • Ocean
  • Pool

Interior Spaces

  • 6,676 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Bar
  • Great Room
  • Marble Flooring
  • Home Security System

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434335000020290

Home Details

Home Type

Single Family

Est. Annual Taxes

$101,360

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Corner of South Ocean Blvd and Algoma rd. Front entrance on S Ocean Blvd.
  • Year Built: 1952
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Elevator, Bar
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Marble
  • Living Area: 6676.0
  • Dining Room Type: Great Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Ocean, Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: No
  • Construction Type: Other
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434335000020290
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 12741.0
  • Zoning Description: R-A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 101360.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $112,344 $5,871,015 -- --
2023 $101,360 $5,337,286 $0 $0
2022 $92,966 $4,852,078 $0 $0
2021 $72,500 $4,410,980 $3,300,000 $1,110,980
2020 $75,458 $4,712,505 $3,240,000 $1,472,505
2019 $69,997 $4,266,376 $3,150,000 $1,116,376
2018 $61,711 $3,897,019 $3,247,962 $649,057
2017 $55,676 $3,288,185 $2,640,620 $647,565
2016 $65,002 $3,769,289 $0 $0
2015 $65,300 $3,635,519 $0 $0
2014 $63,097 $3,467,569 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Price Changed $46,000 -8.0% $7 / Sq Ft
11/15/2024 11/15/24 Price Changed $50,000 -64.3% $7 / Sq Ft
11/08/2024 11/08/24 Price Changed $140,000 0.0% $21 / Sq Ft
04/25/2024 04/25/24 For Sale $23,950,000 0.0% $3,587 / Sq Ft
04/16/2024 04/16/24 Price Changed $55,000 +44.7% $8 / Sq Ft
01/16/2024 01/16/24 Price Changed $38,000 +5.6% $6 / Sq Ft
11/02/2023 11/02/23 Price Changed $36,000 -7.7% $5 / Sq Ft
09/19/2023 09/19/23 Price Changed $39,000 +56.0% $6 / Sq Ft
05/17/2023 05/17/23 Price Changed $25,000 -35.9% $4 / Sq Ft
04/20/2023 04/20/23 For Rent $39,000 -25.0% --
12/27/2022 12/27/22 Rented $52,000 -67.1% --
10/11/2022 10/11/22 Rented $158,000 +143.1% --
09/11/2022 09/11/22 Under Contract -- -- --
12/17/2021 12/17/21 For Rent $65,000 -58.9% --
03/19/2021 03/19/21 For Rent $158,000 +202.5% --
10/09/2020 10/09/20 Rented $52,225 0.0% --
09/09/2020 09/09/20 Under Contract -- -- --
03/09/2020 03/09/20 For Rent $52,225 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 New Conventional
Closed $900,000 No Value Available
Source: Public Records

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Source: BeachesMLS

MLS Number: R10981591

BeachesMLS

APN: 50-43-43-35-00-002-0290