1150 N Ocean Way Palm Beach, FL 33480
North End NeighborhoodEstimated payment $111,956/month
Total Views
3,197
0.57
Acre
$29,736,842
Price per Acre
24,829
Sq Ft Lot
Highlights
- Beach Front
- Palm Beach Public School Rated A-
- Paved or Partially Paved Lot
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $208,216
Year Built
- 1950
Lot Details
- 0.57 Acre Lot
- Beach Front
- Paved or Partially Paved Lot
- Site Plan Filed
- Property is zoned R-B(ci
Location
- City Lot
Community Details
- El Encanto Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434302010000240
- Seller Considering Concessions
Map
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Home Values in the Area
Average Home Value in this Area
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 | $208,216 | $13,888,324 | -- | -- |
| 2023 | $215,805 | $14,271,794 | $12,930,671 | $1,341,123 |
| 2022 | $16,690 | $1,016,916 | $0 | $0 |
| 2021 | $17,064 | $987,297 | $0 | $0 |
| 2020 | $17,070 | $973,666 | $0 | $0 |
| 2019 | $17,029 | $951,775 | $0 | $0 |
| 2018 | $16,244 | $934,028 | $0 | $0 |
| 2017 | $16,213 | $914,817 | $0 | $0 |
| 2016 | $14,898 | $896,001 | $0 | $0 |
| 2015 | $15,402 | $889,773 | $0 | $0 |
| 2014 | $15,475 | $882,711 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Price Changed | $16,950,000 | 0.0% | -- |
| 03/12/2025 03/12/25 | Price Changed | $16,950,000 | -3.0% | -- |
| 02/28/2025 02/28/25 | Price Changed | $17,475,000 | 0.0% | -- |
| 02/28/2025 02/28/25 | Price Changed | $17,475,000 | -6.8% | -- |
| 02/13/2025 02/13/25 | Price Changed | $18,750,000 | 0.0% | -- |
| 02/13/2025 02/13/25 | Price Changed | $18,750,000 | -6.3% | -- |
| 01/31/2025 01/31/25 | For Sale | $20,000,000 | 0.0% | -- |
| 01/31/2025 01/31/25 | For Sale | $20,000,000 | +25.0% | -- |
| 01/30/2025 01/30/25 | Sold | $16,000,000 | -5.2% | $4,118 / Sq Ft |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $16,875,000 | -7.5% | $4,344 / Sq Ft |
| 10/16/2024 10/16/24 | Price Changed | $18,250,000 | +4.3% | $4,698 / Sq Ft |
| 10/02/2024 10/02/24 | Price Changed | $17,500,000 | +4.5% | $4,505 / Sq Ft |
| 09/23/2024 09/23/24 | Price Changed | $16,750,000 | -4.3% | $4,311 / Sq Ft |
| 09/20/2024 09/20/24 | Price Changed | $17,500,000 | -4.1% | $4,505 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $18,250,000 | -2.7% | $4,698 / Sq Ft |
| 09/11/2024 09/11/24 | Price Changed | $18,750,000 | -3.8% | $4,826 / Sq Ft |
| 08/26/2024 08/26/24 | For Sale | $19,495,000 | -- | $5,018 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $12,000,000 | -- | |
| Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $7,200,000 | Credit Line Revolving | |
| Previous Owner | $900,000 | No Value Available | |
| Previous Owner | $3,400,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $145,000 | Credit Line Revolving | |
| Previous Owner | $70,000 | Credit Line Revolving |
Source: Public Records
Similar Property in Palm Beach, FL
Source: BeachesMLS
MLS Number: R11057831
APN: 50-43-43-02-01-000-0240
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