$19,500,000
SOLD JAN 31, 2025

1090 S Ocean Blvd Palm Beach, FL 33480

6 Beds
9 Baths
13,353 Sq Ft
0.43 Acres

Recently Sold

$1,460 Per Sq Ft

57% Below List Price

371 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • New Construction
  • Palm Beach Public School Rated A-
  • Cabana
  • Marble Flooring

About This Home

As of January 2025

Welcome to 1090 South Ocean Boulevard, a premier new construction property on Palm Beach Island. This exceptional home features superior architectural design and attention to detail with over 13,000 square feet of total living space, including 6 bedrooms, 8.5 bathrooms, a gym, sauna, steam, spa room, walk-in wine cellar, jacuzzi, and lap pool. Sitting on just under half an acre, the property offers true resort-style living including impressive health and wellness amenities within the home, private deeded beach access just steps from the front door, and a deeded membership to the exclusive Mar-a-Lago Club nearby. Anticipated completion is Fall 2025, and this rare opportunity can still be customized in advance of completion. Offered exclusively at $45,000,000, as a finished residence. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. /Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2025 by the listing company. All Rights Reserved.

Last Agent to Sell the Property

Margit Brandt

Premier Estate Properties, Inc. License #SL-3430177 Listed on: 01/16/2024

Last Buyer's Agent

MARGIT BRANDT

Brown Harris Stevens of Palm Beach 6598 License #SL-3430177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,144

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.43 Acre Lot
  • Ocean Front
  • Northeast Facing Home
  • Sprinkler System
  • Property is zoned RA

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 13,353 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Dining Room
  • Home Theater
  • Library
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 9 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Cabana
  • Heated Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Bingham Corp Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434335050000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,144

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Lot Size: 135
  • Subdivision Name: Bingham Corp
  • Directions: Take a left onto Woodbridge from S Ocean Blvd when coming from Southern Blvd or take a right onto Woodbridge off S Ocean when coming from Worth Avenue.
  • Architectural Style: Traditional, Three + Story
  • Garage Yn: Yes
  • Year Built: 2025
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 111144.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 135
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 18731
  • WaterSewer:City Water: Yes
  • Style:Three Story: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:East: Yes
  • Pool:Heated - Electric: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Floors:StoneBrick: Yes
  • Waterfront:Ocean-Across Street: Yes
  • Garage 2 Car: Yes
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood, Marble, Stone/Brick
  • Interior Amenities: Elevator, Sound System, Smoke Detectors, Storage, Wet Bar, Pantry
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Fresh Water, Heated - Electric, Spa
  • Pool Private: Yes
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction, Poured Concrete
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Ocean Access-Deeded, Sprinkler System, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes
  • Exterior Features:Cabana: Yes
  • Construction:New Construction: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Multi Zone Air
  • Cooling Y N: Yes
  • Heating: Multi Zone Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 18731.0
  • Parcel #: 50434335050000020
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 111144.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Jan 31, 2025
Sold by
1090Socean Llc
Bought by
1090 South Ocean Palms Llc
Seller's Agent
Margit Brandt
Premier Estate Properties, Inc.
Buyer's Agent
MARGIT BRANDT
Brown Harris Stevens of Palm Beach 6598
List Price
$45,000,000
Sold Price
$19,500,000
Premium/Discount to List
-$25,500,000
-56.67%
Views
522
Current Estimated Value
$19,503,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,111
Avg. Annual Appreciation
0.50%

Purchase Details

Listed on
Dec 29, 2018
Closed on
Mar 16, 2021
Sold by
Lehmann Gunther
Bought by
1090Soocean Llc
Seller's Agent
Robert Jackson
Bob Jackson, Inc.
Buyer's Agent
Robert Jackson
Bob Jackson, Inc.
List Price
$6,950,000
Sold Price
$5,600,000
Premium/Discount to List
-$1,350,000
-19.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.51%
Original Mortgage
$10,500,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 18, 2008
Sold by
Era Construction Inc
Bought by
Lehmann Gunther

Purchase Details

Closed on
May 5, 2003
Sold by
Whisman Jack P and Hand Edward S
Bought by
Era Construction Inc Of Palm Beach

Purchase Details

Closed on
Jan 5, 1998
Sold by
Tran Thiet Thi
Bought by
Hand Edward J and Whisman Jack P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 1996
Sold by
Roger Dean Tr
Bought by
Tran-Ngoc Lady

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.36%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 3, 1995
Sold by
Needle David
Bought by
Dean Roger
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $19,500,000 None Listed On Document
Warranty Deed $19,500,000 None Listed On Document
Warranty Deed $5,600,000 Attorney
Warranty Deed $4,150,000 Attorney
Personal Reps Deed $1,350,000 --
Warranty Deed $710,000 --
Quit Claim Deed $100 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,500,000 Construction
Previous Owner $500,000 New Conventional
Previous Owner $250,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $19,500,000 -56.7% $1,460 / Sq Ft
01/31/2025 01/31/25 Price Changed $45,000,000 0.0% $3,370 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/16/2024 01/16/24 For Sale $45,000,000 +703.6% $3,370 / Sq Ft
04/05/2021 04/05/21 Sold $5,600,000 -19.4% $4,378 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
12/29/2018 12/29/18 For Sale $6,950,000 -- $5,434 / 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 $111,144 $7,170,900 -- --
2023 $99,001 $6,519,000 $6,519,000 $0
2022 $101,629 $6,485,600 $0 $0
2021 $73,600 $4,447,839 $4,400,000 $47,839
2020 $88,165 $5,404,896 $5,400,000 $4,896
2019 $84,397 $5,254,451 $5,250,000 $4,451
2018 $74,114 $4,759,649 $4,757,729 $1,920
2017 $65,873 $3,871,019 $3,868,073 $2,946
2016 $71,010 $4,118,586 $0 $0
2015 $70,444 $3,922,635 $0 $0
2014 $67,906 $3,732,566 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-92

APN: 50-43-43-35-05-000-0020