M
Landlord's Agent in 2023
Margit Brandt
Premier Estate Properties, Inc. - Palm Beach
(561) 659-6400
51 Total Sales
1125 S Ocean Blvd Palm Beach, FL 33480
Estimated Value: $4,880,000
8
Beds
8
Baths
8,269
Sq Ft
$590/Sq Ft
Est. Value
Highlights
- Direct Ocean View
- Home fronts a seawall
- Outdoor Pool
- Palm Beach Public School Rated A-
- Housekeeping Services
- Clubhouse
About This Home
As of December 2023Welcome to the Beach House, one of the most desirable oceanfront homes not only on Palm Beach Island but also anywhere in South Florida. A one-of-a-kind direct oceanfront estate, 1125 S Ocean boasts 10,455 total square feet of living space right on the sand, plus unobstructed views of the Atlantic. Featuring 8 bedrooms, 8 full and 3 half bathrooms, this trophy property is rarely available for lease and includes over 200 feet of direct water frontage. With owner approvals, residency can be pet-friendly and will also include coveted access to the exclusive Mar-a-Lago Beach Club next door. This iconic oceanfront compound is now available for both seasonal and annual lease, exclusively with Margit Brandt. 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. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no financial fee will be paid to a cooperating Broker on the Deposits retained by the Seller. No financial fee will be paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2023 by the listing company. All Rights Reserved.
Last Agent to Rent the Property
Premier Estate Properties, Inc. - Palm Beach License #SL-3430177 Listed on: 12/07/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $346,887
Year Built
- Built in 1956
Lot Details
- Home fronts a seawall
Parking
- 2 Car Garage
Home Design
- Bermuda Architecture
Interior Spaces
- 8,269 Sq Ft Home
- 2-Story Property
- Wet Bar
- Dining Room
- Library
- Utility Room
- Direct Ocean Views
- Hurricane or Storm Shutters
Kitchen
- Gas Range
- Freezer
- Dishwasher
- Disposal
Flooring
- Parquet
- Wall to Wall Carpet
- Stone
- Marble
- Terrazzo
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Pool
- Bulkhead
- Balcony
- Patio
- Lanai
Utilities
- Central Heating and Cooling System
- Gas Available
Listing and Financial Details
- Security Deposit $149,000
- Rent includes electricity, gas, water, sewer
- 12 Month Lease Term
- Seasonal Lease Term
- Assessor Parcel Number 50434335050000240
Community Details
Overview
- Front Yard Maintenance
- Bingham Corp Community
- Bingham Corp Subdivision
- On-Site Maintenance
Amenities
- Housekeeping Services
- Clubhouse
- Laundry Facilities
Recreation
- Community Pool
- Pool Services
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2017
Closed on
May 16, 2018
Sold by
Barry Maryanne Trump and Maryanne Trump Barry 2013 Revo
Bought by
1125 South Ocean Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$18,500,000
Sold Price
$18,500,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,620,000
Avg. Annual Appreciation
-14.59%
Original Mortgage
$11,200,000
Outstanding Balance
$9,767,066
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$3,851,066
Purchase Details
Closed on
May 27, 2014
Sold by
Barry Maryanne Trump
Bought by
Barry Maryanne Trump
Purchase Details
Closed on
Aug 26, 2004
Sold by
Massey Alyne Q
Bought by
Barry Mary Anne
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1125 South Ocean Llc | $18,500,000 | Attorney | |
| Barry Maryanne Trump | -- | Attorney | |
| Barry Mary Anne | -- | -- | |
| Barry Mary Anne | $11,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1125 South Ocean Llc | $11,200,000 | |
| Previous Owner | Massey Alyne Queener | $6,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Rented | $800,000 | +370.6% | -- |
| 12/01/2023 12/01/23 | Rented | $170,000 | +14.1% | -- |
| 08/21/2023 08/21/23 | Price Changed | $149,000 | 0.0% | $18 / Sq Ft |
| 08/21/2023 08/21/23 | Price Changed | $149,000 | -23.6% | $18 / Sq Ft |
| 04/19/2023 04/19/23 | For Rent | $195,000 | 0.0% | -- |
| 04/18/2023 04/18/23 | For Rent | $195,000 | +200.0% | -- |
| 08/15/2019 08/15/19 | Rented | $65,000 | 0.0% | -- |
| 08/13/2019 08/13/19 | Rented | $65,000 | -20.0% | -- |
| 07/16/2019 07/16/19 | Under Contract | -- | -- | -- |
| 07/14/2019 07/14/19 | Under Contract | -- | -- | -- |
| 05/23/2019 05/23/19 | For Rent | $81,250 | +25.0% | -- |
| 12/07/2018 12/07/18 | For Rent | $65,000 | 0.0% | -- |
| 05/16/2018 05/16/18 | Sold | $18,500,000 | 0.0% | $2,237 / Sq Ft |
| 03/19/2018 03/19/18 | Pending | -- | -- | -- |
| 12/15/2017 12/15/17 | For Sale | $18,500,000 | -- | $2,237 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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 | $346,887 | $20,104,965 | -- | -- |
| 2023 | $305,125 | $18,277,241 | $0 | $0 |
| 2022 | $293,714 | $16,615,674 | $0 | $0 |
| 2021 | $246,504 | $15,286,000 | $13,800,000 | $1,486,000 |
| 2020 | $226,667 | $13,731,962 | $12,360,000 | $1,371,962 |
| 2019 | $225,715 | $13,389,714 | $12,000,000 | $1,389,714 |
| 2018 | $198,043 | $13,481,537 | $12,000,000 | $1,481,537 |
| 2017 | $170,309 | $10,214,251 | $8,714,081 | $1,500,170 |
| 2016 | $193,358 | $11,231,773 | $0 | $0 |
| 2015 | $197,085 | $10,799,445 | $0 | $0 |
| 2014 | $178,326 | $9,817,677 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Tenant's Agent in 2023
MARLEY OVERMAN
Illustrated Properties LLC 6730
(561) 793-2300
7 Total Sales
-
Buyer's Agent in 2023
Marley Goodman
Illustrated Properties LLC (We
(561) 793-2300
30 Total Sales
-
H
Seller's Agent in 2019
Heidi Brzyski
Douglas Elliman (Jupiter)
(561) 691-8710
39 Total Sales
-
N
Buyer's Agent in 2019
NON MEMBER
NON MEMBER FIRM
-
Seller's Agent in 2018
Christian Angle
Christian Angle Real Estate
(561) 629-3015
206 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 23-721
APN: 50-43-43-35-05-000-0240
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