NOT LISTED FOR SALE

1125 S Ocean Blvd Palm Beach, FL 33480

Estimated Value: $7,948,000

8 Beds
11 Baths
8,269 Sq Ft
$961/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $18,500,000 $2,237 Per Sq Ft

Current estimated payment $52,309/month

About This Home

As of May 2018

Welcome to the Beach House, one of the most desirable oceanfront homes not only on Palm Beach Island but also anywhere in South Florida. A one-of-a-kind direct oceanfront estate, 1125 S Ocean boasts 10,455 total square feet of living space right on the sand, plus unobstructed views of the Atlantic. Featuring 8 bedrooms, 8 full and 3 half bathrooms, this trophy property is rarely available for lease and includes over 200 feet of direct water frontage. With owner approvals, residency can be pet-friendly and will also include coveted access to the exclusive Mar-a-Lago Beach Club next door. This iconic oceanfront compound is now available for both seasonal and annual lease, exclusively with Margit Brandt. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no financial fee will be paid to a cooperating Broker on the Deposits retained by the Seller. No financial fee will be paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2023 by the listing company. All Rights Reserved.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
May 16, 2018
Sold by
Barry Maryanne Trump and Maryanne Trump Barry 2013 Revo
Bought by
1125 South Ocean Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$18,500,000
Sold Price
$18,500,000
Current Estimated Value
$7,948,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,552,000
Avg. Annual Appreciation
-11.45%
Original Mortgage
$11,200,000
Outstanding Balance
$9,807,085
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$1,859,085

Purchase Details

Closed on
May 27, 2014
Sold by
Barry Maryanne Trump
Bought by
Barry Maryanne Trump

Purchase Details

Closed on
Aug 26, 2004
Sold by
Massey Alyne Q
Bought by
Barry Mary Anne

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1125 South Ocean Llc $18,500,000 Attorney
Barry Maryanne Trump -- Attorney
Barry Mary Anne -- --
Barry Mary Anne $11,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1125 South Ocean Llc $11,200,000
Previous Owner Massey Alyne Queener $6,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $800,000 +370.6% --
12/01/2023 12/01/23 Rented $170,000 +14.1% --
08/21/2023 08/21/23 Price Changed $149,000 0.0% $18 / Sq Ft
08/21/2023 08/21/23 Price Changed $149,000 -23.6% $18 / Sq Ft
04/19/2023 04/19/23 For Rent $195,000 0.0% --
04/18/2023 04/18/23 For Rent $195,000 +200.0% --
08/15/2019 08/15/19 Rented $65,000 0.0% --
08/13/2019 08/13/19 Rented $65,000 -20.0% --
07/16/2019 07/16/19 Under Contract -- -- --
07/14/2019 07/14/19 Under Contract -- -- --
05/23/2019 05/23/19 For Rent $81,250 +25.0% --
12/07/2018 12/07/18 For Rent $65,000 0.0% --
05/16/2018 05/16/18 Sold $18,500,000 0.0% $2,237 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $18,500,000 -- $2,237 / Sq Ft

Tax History Compared to Growth

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 $346,887 $20,104,965 -- --
2023 $305,125 $18,277,241 $0 $0
2022 $293,714 $16,615,674 $0 $0
2021 $246,504 $15,286,000 $13,800,000 $1,486,000
2020 $226,667 $13,731,962 $12,360,000 $1,371,962
2019 $225,715 $13,389,714 $12,000,000 $1,389,714
2018 $198,043 $13,481,537 $12,000,000 $1,481,537
2017 $170,309 $10,214,251 $8,714,081 $1,500,170
2016 $193,358 $11,231,773 $0 $0
2015 $197,085 $10,799,445 $0 $0
2014 $178,326 $9,817,677 $0 $0
Source: Public Records

Agents Affiliated with this Home

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