1150 N Ocean Way Palm Beach, FL 33480
North End Neighborhood
0.57
Acre
--
Price per Acre
24,977
Sq Ft Lot
Highlights
- Beach Front
- Palm Beach Public School Rated A-
- Paved or Partially Paved Lot
About This Lot
As of January 2025This double lot on a coveted Northend street is now available with ARCOM approved plans. This 24,977 SF lot is on the corner of El Pueblo and N. Ocean Way and has beach and bike trail access. The approved ARCOM plans were designed by Internationally renowned architect, Clemens Bruns Schaub. This property was specifically designed and inspired by indoor/outdoor island-style living while taking advantage of the enormous lot. Build your dream home with these approved plans and save yourself the time and headache of going through the approval process. Or, design your own house on one of the last double lots available in the North End.
Property Details
Property Type
- Land
Est. Annual Taxes
- $215,805
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
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
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
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $12,000,000 | -- | |
| Deed | -- | Attorney |
Source: Public Records
Similar Properties in Palm Beach, FL
Source: BeachesMLS
MLS Number: R11015635
APN: 50-43-43-02-01-000-0240
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes