Seller's Agent in 2025
Chris Leavitt
Douglas Elliman
(616) 414-2810
33 in this area
218 Total Sales
1150 N Ocean Way Palm Beach, FL 33480
North End Neighborhood
0.57
Acre
$27,904,073
Price per Acre
24,977
Sq Ft Lot
Highlights
- Beach Front
- Palm Beach Public School Rated A-
- Paved or Partially Paved Lot
About This Lot
As of January 2025This double lot on a coveted Northend street is now available with ARCOM approved plans. This 24,977 SF lot is on the corner of El Pueblo and N. Ocean Way and has beach and bike trail access. The approved ARCOM plans were designed by Internationally renowned architect, Clemens Bruns Schaub. This property was specifically designed and inspired by indoor/outdoor island-style living while taking advantage of the enormous lot. Build your dream home with these approved plans and save yourself the time and headache of going through the approval process. Or, design your own house on one of the last double lots available in the North End.
Last Agent to Sell the Property
Brown Harris Stevens of PB License #3336039 Listed on: 08/26/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $215,805
Lot Details
- 0.57 Acre Lot
- Beach Front
- Paved or Partially Paved Lot
- Site Plan Filed
- Property is zoned R-B(ci
Location
- City Lot
Community Details
- El Encanto Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434302010000240
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 28, 2022
Sold by
Sarah Vierck Mettler Revocable Trust
Bought by
1150 N Ocean Way Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,200,000
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 13, 2019
Sold by
Mettler Sarah J and Archibald John
Bought by
Veres Mary Elizabeth Mettler and The Sarah Vierck Mettler Revoc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $12,000,000 | -- | |
| Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $7,200,000 | Credit Line Revolving | |
| Previous Owner | $900,000 | No Value Available | |
| Previous Owner | $3,400,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $145,000 | Credit Line Revolving | |
| Previous Owner | $70,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | For Sale | $18,000,000 | +12.5% | -- |
| 01/30/2025 01/30/25 | Sold | $16,000,000 | -5.2% | $4,118 / Sq Ft |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $16,875,000 | -7.5% | $4,344 / Sq Ft |
| 10/16/2024 10/16/24 | Price Changed | $18,250,000 | +4.3% | $4,698 / Sq Ft |
| 10/02/2024 10/02/24 | Price Changed | $17,500,000 | +4.5% | $4,505 / Sq Ft |
| 09/23/2024 09/23/24 | Price Changed | $16,750,000 | -4.3% | $4,311 / Sq Ft |
| 09/20/2024 09/20/24 | Price Changed | $17,500,000 | -4.1% | $4,505 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $18,250,000 | -2.7% | $4,698 / Sq Ft |
| 09/11/2024 09/11/24 | Price Changed | $18,750,000 | -3.8% | $4,826 / Sq Ft |
| 08/26/2024 08/26/24 | For Sale | $19,495,000 | -- | $5,018 / Sq Ft |
Source: BeachesMLS
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 | $208,216 | $13,888,324 | -- | -- |
| 2023 | $215,805 | $14,271,794 | $12,930,671 | $1,341,123 |
| 2022 | $16,690 | $1,016,916 | $0 | $0 |
| 2021 | $17,064 | $987,297 | $0 | $0 |
| 2020 | $17,070 | $973,666 | $0 | $0 |
| 2019 | $17,029 | $951,775 | $0 | $0 |
| 2018 | $16,244 | $934,028 | $0 | $0 |
| 2017 | $16,213 | $914,817 | $0 | $0 |
| 2016 | $14,898 | $896,001 | $0 | $0 |
| 2015 | $15,402 | $889,773 | $0 | $0 |
| 2014 | $15,475 | $882,711 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Leavitt
-
Whitney McGurk
W
Seller's Agent in 2025
Whitney McGurk
Brown Harris Stevens of PB
(561) 659-6400
18 in this area
65 Total Sales
-
Liza Pulitzer
L
Seller Co-Listing Agent in 2025
Liza Pulitzer
Brown Harris Stevens of PB
(561) 659-6400
18 in this area
60 Total Sales
Map
Source: BeachesMLS
MLS Number: R11015635
APN: 50-43-43-02-01-000-0240
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