NOT LISTED FOR SALE

1075 N Ocean Blvd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,144,000

7 Beds
12 Baths
10,232 Sq Ft
$894/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $43,000,000 $4,203 Per Sq Ft

Current estimated payment $60,473/month

137 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Den

About This Home

As of July 2020

Stunning direct oceanfront estate exceptionally designed by Thomas Kirchhoff with interiors by David Kleinberg. An impressive home with grand scale, excellent floor plan, 7 bedrooms, 7 baths, and 5 powder rooms, two oceanfront loggias, courtyard pool and cabana, exercise room, temperature- controlled wine cellar, elevators, generator, and 3 car air-conditioned garage. Beautiful formal dining room perfect for entertaining with views of the ocean and courtyard. Built in 2007 with rich finishes, beautiful marble and hardwood floors, stunning limed cypress coffered ceiling details, and intricate millwork throughout. Sweeping ocean and beach views.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 01/31/2020

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 01/31/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $346,859

Year Built

  • Built in 2007

Lot Details

  • Ocean Front
  • Property is zoned R-A

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 10,232 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • New Siears Tr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303140000350

Home Details

Home Type

Single Family

Est. Annual Taxes

$346,859

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LO
  • Year Built: 2007
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 5
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Other, Wood
  • Living Area: 10232.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Ocean
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Other
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434303140000350
  • Zoning Description: R-A

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 346859.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
230 North Ocean Llc
Bought by
1075 North Ocean Llc
Total Days on Market
137
Current Estimated Value
$9,144,000

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jul 17, 2020
Sold by
Marcus Jeffrey A and Marcus Nicola
Bought by
230 North Ocean Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$44,900,000
Sold Price
$43,000,000
Premium/Discount to List
-$1,900,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.18%

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jul 9, 2014
Sold by
Halle Bruce T and Halle Diane M
Bought by
Marcus Jeffrey A
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
CAROLE RUHLMAN
Sotheby's International Realty, Inc.
List Price
$23,240,491
Sold Price
$23,240,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$2,000,000
Interest Rate
4.26%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 13, 2010
Sold by
Schulhof Michael P and Schulhof Paola N
Bought by
The Bruce T Halle 2003 Sb Irrevocable Tr

Purchase Details

Closed on
Sep 17, 2007
Sold by
1075 Nob Llc
Bought by
Schulhof Michael P and Schulhof Paola N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2004
Sold by
Saville Paul C and Saville Linda J
Bought by
1075 Nob Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Northern Trust Bank Of Florida Na
Bought by
Saville Paul C and Saville Linda J
Source: Public Records

Range of Values:

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Average Value
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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
1075 North Ocean Llc -- Kensington Vanguard National L
230 North Ocean Llc $430,000 Attorney
Marcus Jeffrey A $23,240,491 Attorney
The Bruce T Halle 2003 Sb Irrevocable Tr $22,500,000 Attorney
Schulhof Michael P $23,000,000 Attorney
1075 Nob Llc $8,250,000 --
Saville Paul C $6,925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halle Bruce T $2,000,000
Previous Owner Marcus Jeffrey A $2,000,000
Previous Owner Schulhof Michael P $5,000,000
Previous Owner Schulhof Michael P $13,000,000
Previous Owner 1075 Nob Llc $6,500,000
Previous Owner Wilmot Mollie Netcher $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $43,000,000 -4.2% $4,203 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $44,900,000 +93.2% $4,388 / Sq Ft
07/14/2014 07/14/14 Sold $23,240,491 0.0% $2,271 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $23,240,491 -- $2,271 / 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 $718,937 $40,796,633 -- --
2023 $667,733 $37,087,848 $0 $0
2022 $626,396 $33,716,225 $0 $0
2021 $498,500 $30,651,114 $19,550,000 $11,101,114
2020 $348,848 $21,118,898 $0 $0
2019 $348,237 $20,644,084 $0 $0
2018 $330,687 $20,259,160 $0 $0
2017 $330,998 $19,842,468 $14,160,382 $5,682,086
2016 $349,635 $20,357,334 $0 $0
2015 $361,629 $20,215,823 $0 $0
2014 -- $18,092,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Angle

    Seller's Agent in 2020

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    89 in this area

    222 Total Sales

    Christian Angle
    Section Image

  • L

    Seller's Agent in 2014

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    46 in this area

    124 Total Sales

    Lawrence A Moens
    Section Image

  • C

    Buyer's Agent in 2014

    CAROLE RUHLMAN

    Sotheby's International Realty, Inc.

See All Agents

Map

Source: BeachesMLS

MLS Number: R10597199

BeachesMLS

APN: 50-43-43-03-14-000-0350

Florida Palm Beach County Palm Beach 33480 North End

1075 N Ocean Blvd, Palm Beach, FL

This home is located at 1075 N Ocean Blvd, Palm Beach, FL 33480 since 31 January 2020 and is currently estimated at $9,144,000, approximately $893 per square foot. This property was built in 2007. 1075 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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