NOT LISTED FOR SALE

1071 N Ocean Blvd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $54,807,580

7 Beds
16 Baths
32,661 Sq Ft
$1,678/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $40,870,915 $1,251 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $363,818/month

91 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Saltwater Pool
  • Palm Beach Public School Rated A-
  • Newly Remodeled
  • Garage Apartment

About This Home

As of July 2019

Magnificent Palm Beach direct oceanfront estate with a sprawling 242 feet +/- of beach frontage. Built by Hugh Davis in a French Normandy style, this one-of-a-kind custom estate includes 5 bedrooms, 7 full and 9 half bathrooms along with two fully appointed guest apartments and 8 car garage. The home offers 35,000 +/- square feet of indoor and outdoor living space with ocean views from almost every room due to its perfectly thought out floor plan. An entertainers dream complete with library, home theater, wine room, fitness center, barber shop, and so much more. Breathtaking backyard with outdoor loggia, summer kitchen, infinity pool and spa overlooking the tranquil beaches of the North End.

Last Agent to Sell the Property

Ashley McIntosh

Douglas Elliman License #476962 Listed on: 03/01/2019

Douglas Elliman

Co-Listed By

Gary Pohrer

Serhant License #3068785

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $845,947

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 1.77 Acre Lot
  • Ocean Front
  • Fenced
  • Property is zoned R-A

Parking

  • 8 Car Attached Garage
  • Garage Apartment
  • Circular Driveway

Property Views

  • Ocean
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 32,661 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Saltwater Pool
  • Seawall
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • New Siears Tr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303140000360

Home Details

Home Type

Single Family

Est. Annual Taxes

$845,947

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

8

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North Ocean Boulevard
  • Year Built: 2016
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 9
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Marble, Other
  • Living Area: 32661.0
  • Dining Room Type: Den, Family Room, Garage Apartment, Great Room, Media Room, Recreation, Storage Room
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Outdoor Grill, Patio
  • View: Ocean, Pool
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: New Construction
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 8.0
  • Attached Garage: Yes
  • Garage Spaces: 8.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303140000360
  • Lot Size: 1 to < 2 Acres,East of U
  • Lot Size Sq Ft: 77188.0
  • Zoning Description: R-A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 845947.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Reiwa Llc
Bought by
Reiwa Holdings Llc
Total Days on Market
91
Current Estimated Value
$54,807,580

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jul 1, 2019
Sold by
Ziska Maura and Ziska Maura
Bought by
Reiwa Llc
Seller's Agent
Ashley McIntosh
Douglas Elliman
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates
List Price
$59,900,000
Sold Price
$40,870,915
Premium/Discount to List
-$19,029,085
-31.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000,000
Interest Rate
3.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 2011
Sold by
Ocean Breeze Ltd
Bought by
Ziska Maura and 1071 North Ocean Boulevard Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000,000
Interest Rate
4.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 2011
Sold by
Krause Alan M and Krause Karen L
Bought by
Ziska Maura and 1071 North Ocean Boulevard Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000,000
Interest Rate
4.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 17, 2011
Sold by
Radtke Janina
Bought by
Ziska Maura and 1071 North Ocean Boulevard Trust

Purchase Details

Closed on
Sep 12, 2005
Sold by
Pearlman Samuel S
Bought by
Pearlman Samuel S

Purchase Details

Closed on
Jul 30, 2004
Sold by
Fleming Joseph M and Olsen Thomas
Bought by
Radtke Janina and The Janina Radtke Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2004
Sold by
Fleming Joseph M
Bought by
Radtke Janina and The Janina Radtke Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 1999
Sold by
Ocean Breeze Ltd
Bought by
Raquet Walter and Raquet Nancy

Purchase Details

Closed on
Jun 4, 1997
Sold by
First Union National Bank Of Florid
Bought by
Ocean Breeze Ltd

Purchase Details

Closed on
Apr 28, 1994
Sold by
Larsen Louis F and Larsen Ingrid
Bought by
1St Union Natl Bk Fl N A and Bk Palm Bch & Tr Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,030,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Reiwa Holdings Llc -- Kochman & Ziska Plc
Reiwa Llc $40,871,000 Attorney
Ziska Maura -- Attorney
Ziska Maura $16,886,790 Attorney
Ziska Maura $12,096,000 Attorney
Pearlman Samuel S -- --
Radtke Janina $7,200,000 --
Radtke Janina -- --
Raquet Walter $7,500,000 --
Ocean Breeze Ltd -- --
Ocean Breeze Ltd $2,950,000 --
1St Union Natl Bk Fl N A $2,775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiwa Holdings Llc $59,800,000
Previous Owner Reiwa Llc $26,000,000
Previous Owner Ocean Breeze Ltd --
Previous Owner Ziska Maura $26,000,000
Previous Owner Ziska Maura $16,000,000
Previous Owner Radtke Janina $1,000,000
Previous Owner Radtke Janina $5,000,000
Previous Owner 1St Union Natl Bk Fl N A $2,030,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $40,870,915 -31.8% $1,251 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $59,900,000 -- $1,834 / Sq Ft
Source: BeachesMLS

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 $673,890 $22,578,045 -- --
2023 $569,163 $20,525,495 $0 $0
2022 $1,128,442 $49,861,211 $0 $0
2021 $804,820 $54,934,956 $28,750,000 $26,184,956
2020 $682,945 $41,207,613 $25,750,000 $15,457,613
2019 $857,694 $50,724,898 $29,000,000 $21,724,898
2018 $845,947 $52,258,914 $33,723,493 $18,535,421
2017 $780,527 $46,665,593 $28,102,912 $18,562,681
2016 $508,814 $29,582,012 $0 $0
2015 $516,582 $28,295,838 $0 $0
2014 $466,776 $25,723,489 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Ashley McIntosh

    Douglas Elliman

    (561) 653-6160

    15 in this area

    62 Total Sales

    Ashley McIntosh
    Section Image

  • G

    Seller Co-Listing Agent in 2019

    Gary Pohrer

    Serhant

    (561) 262-0856

    41 in this area

    115 Total Sales

    Gary Pohrer
    Section Image

  • L

    Buyer's Agent in 2019

    Lawrence A Moens

    Lawrence A. Moens Associates

    (561) 655-5510

    46 in this area

    125 Total Sales

    Lawrence A Moens
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10509115

BeachesMLS

APN: 50-43-43-03-14-000-0360

Florida Palm Beach County Palm Beach 33480 North End

1071 N Ocean Blvd, Palm Beach, FL

This home is located at 1071 N Ocean Blvd, Palm Beach, FL 33480 since 01 March 2019 and is currently priced at $54,807,580, approximately $1,678 per square foot. This property was built in 2016. 1071 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.

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.

BeachesMLS 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.

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