NOT LISTED FOR SALE

1055 N Ocean Blvd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,815,000 - $26,714,516

6 Beds
6 Baths
5,623 Sq Ft
$3,159/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $13,075,000 $2,325 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $129,617/month

117 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Direct Ocean View
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • Marble Flooring

About This Home

As of June 2016

Direct Oceanfront Building Opportunity!
Sensational building lot on the north end is now available to create your own custom estate or restore the current structure. Call for survey and details.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 01/29/2016

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

Carole Koeppel

Sotheby's International Realty, Inc. License #327796

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $240,350

Year Built

  • Built in 1935

Lot Details

  • 0.55 Acre Lot
  • 88 Feet of Waterfront
  • Home fronts a seawall
  • East Facing Home
  • Property is zoned RA

Parking

  • Garage

Home Design

  • Regency Architecture
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,623 Sq Ft Home
  • Sliding Windows
  • Marble Flooring
  • Direct Ocean Views
  • Home Security System

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Bulkhead
  • Patio
  • Lanai

Community Details

  • No Home Owners Association
  • Coral Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303180000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$240,350

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 88
  • Subdivision Name: Coral Estates
  • Above Grade Finished Sq Ft: 164772.73
  • Architectural Style: Regency
  • Garage Yn: Yes
  • Year Built: 1935
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 240350.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 5623.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 88
  • Floors:Marble: Yes
  • Roof:Tar Gravel: Yes
  • Windows:Sliding: Yes
  • General Property Description:Lot SqFt: 23958
  • HOA:None: Yes
  • Exposure:East: Yes
  • General Property Description:Waterfront Ftg: 88.0
  • Waterfront:Ocean-Direct: Yes
  • Style:Regency: Yes
  • Special Features: None

Interior Features

  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Marble, Other Flooring
  • Living Area: 5623.0
  • Window Features: Sliding, Other

Exterior Features

  • Lot Features: 1 to 3 Acres
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Ocean Access-Deeded, Seawall/Bulkhead
  • Roof: Tar/Gravel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Utilities

  • Security: Security System

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 50434303180000011
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 240350.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
3200 Washington Llc
Bought by
Rickman Wulliam M and Rickman Marcia B
Total Days on Market
117
Current Estimated Value
$17,764,758

Purchase Details

Listed on
Jan 29, 2016
Closed on
Jun 3, 2016
Sold by
Mellon Bny and Cox Patricia Nixon
Bought by
3200 Washington Llc
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Carole Koeppel
Sotheby's International Realty, Inc.
List Price
$13,075,000
Sold Price
$13,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Source: Public Records

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Range of Values:

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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
Rickman Wulliam M -- Attorney
3200 Washington Llc $13,075,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Textor John C $1,253,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $13,075,000 0.0% $2,325 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $13,075,000 -- $2,325 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $358,734 $24,150,349 -- --
2023 $351,598 $23,446,941 $0 $0
2022 $352,303 $22,764,020 $0 $0
2021 $358,129 $22,100,990 $0 $0
2020 $218,524 $13,238,263 $13,184,000 $54,263
2019 $216,724 $12,855,898 $12,800,000 $55,898
2018 $215,220 $13,195,395 $13,175,690 $19,705
2017 $206,254 $12,372,255 $12,352,210 $20,045
2016 $236,710 $13,752,240 $0 $0
2015 $240,350 $13,156,708 $0 $0
2014 $217,212 $11,960,644 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    54 in this area

    146 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch

    Seller Co-Listing Agent in 2016

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    74 in this area

    236 Total Sales

    Dana Koch
    Section Image

  • C

    Buyer's Agent in 2016

    Carole Koeppel

    Sotheby's International Realty, Inc.

    (561) 329-0019

    4 in this area

    25 Total Sales

    Carole Koeppel
    Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-262

APN: 50-43-43-03-18-000-0011

Florida Palm Beach County Palm Beach 33480 North End

1055 N Ocean Blvd, Palm Beach, FL

This home is located at 1055 N Ocean Blvd, Palm Beach, FL 33480 since 29 January 2016 and is currently estimated at $17,764,758, approximately $3,159 per square foot. This property was built in 1935. 1055 N Ocean Blvd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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