$4,275,000
SOLD JAN 8, 2016 RENTED DEC 20, 2024

1230 N Ocean Way Palm Beach, FL 33480

North End Neighborhood
0.46 Acre
$9,293,478 Price per Acre
20,038 Sq Ft Lot

Recently Sold

$1,513 Per Sq Ft

55 Days on Market

About This Lot

As of January 2016

Rare find, huge lot(19,997 SF) with beach access. Fantastic opportunity to build your own home.

Last Agent to Sell the Property

Patricia Mahaney

Sotheby's International Realty, Inc. License #656899 Listed on: 09/17/2015

Sotheby's International Realty, Inc.

Last Buyer's Agent

ELIZABETH JONES

BARCLAYS INTERNATIONAL REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,288

Year Built

  • 1951

Lot Details

  • 0.46 Acre Lot
  • East Facing Home
  • Cleared Lot
  • Property is zoned RB

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 50434303040000020

Community Details

Overview

  • First Addition Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$26,288

Year Built

1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.46
  • Subdivision Name: First Addition
  • Directions: Located between Mockingbird Trail and Palmo Way on North Ocean Way (not Blvd.)
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Taxes2: 26288.0
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 100.2
  • General Property Description:Lot SqFt: 20038
  • Exposure:East: Yes
  • Land Improvements:Electric Available: Yes
  • Land Improvements:Water Available: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Land Improvements:Gas Available: Yes
  • Land Improvements:Sewer Available: Yes
  • Miscellaneous:Land Cleared: Yes
  • Special Features: None
  • Year Built: 1951

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electric Available, Sewer Available, Water Available, Natural Gas Available
  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 20038.0
  • Parcel #: 50434303040000020
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 26288.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Dec 28, 2015
Sold by
Duriez Margaret Dorrance Norris
Bought by
N Ocean Llc
Seller's Agent
Patricia Mahaney
Sotheby's International Realty, Inc.
Buyer's Agent
ELIZABETH JONES
BARCLAYS INTERNATIONAL REALTY
List Price
$4,275,000
Sold Price
$4,275,000
Total Days on Market
55
Current Estimated Value
$11,279,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,004,500
Avg. Annual Appreciation
10.86%

Purchase Details

Listed on
Aug 27, 2014
Closed on
Aug 29, 2014
Sold by
Simy Holdings Inc
Bought by
Duriez Margaret Dorrance Norris
Seller's Agent
STEVE HALL
HALL REAL ESTATE
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$3,800,000
Sold Price
$3,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Jul 9, 2003
Sold by
Haft Stuart J
Bought by
Lifmac S A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $4,275,000 Attorney
Warranty Deed $3,375,800 Attorney
Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Closed $3,500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Rented $115,000 -20.7% --
05/21/2024 05/21/24 Price Changed $145,000 -17.1% $22 / Sq Ft
04/26/2024 04/26/24 For Rent $175,000 0.0% --
01/08/2016 01/08/16 Sold $4,275,000 0.0% $1,513 / Sq Ft
01/08/2016 01/08/16 Sold $4,275,000 0.0% $1,513 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/11/2015 11/11/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $4,275,000 -2.8% $1,513 / Sq Ft
04/03/2015 04/03/15 For Sale $4,400,000 +15.8% $1,558 / Sq Ft
08/30/2014 08/30/14 Sold $3,800,000 0.0% $1,345 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $3,800,000 -- $1,345 / 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 $246,138 $15,471,261 -- --
2023 $242,373 $14,064,783 -- --
2022 $99,532 $4,817,607 -- --
2021 $72,567 $4,379,643 $4,379,643 $0
2020 $68,609 $4,069,690 $4,069,690 $0
2019 $63,799 $3,699,445 $3,699,445 $0
2018 $60,027 $3,699,745 $3,699,745 $0
2017 $54,741 $3,198,366 $3,198,366 $0
2016 $55,012 $3,198,366 $0 $0
2015 $49,825 $2,781,188 $0 $0
2014 $26,285 $1,358,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Suzanne Stoll

    Sotheby's International Realty, Inc.

    (561) 301-2020

    1 in this area

    18 Total Sales

    Suzanne Stoll
    Section Image

  • B

    Buyer's Agent in 2024

    Brian Mahoney

    The Corcoran Group

    (561) 659-6551

    20 Total Sales

    Brian Mahoney
    Section Image

  • P

    Seller's Agent in 2016

    Patricia Mahaney

    Sotheby's International Realty, Inc.

    (561) 352-1066

    13 in this area

    56 Total Sales

    Patricia Mahaney
    Section Image

  • E

    Buyer's Agent in 2016

    ELIZABETH JONES

    BARCLAYS INTERNATIONAL REALTY

  • S

    Seller's Agent in 2014

    STEVE HALL

    HALL REAL ESTATE

  • L

    Buyer'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
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-764

APN: 50-43-43-03-04-000-0020

Florida Palm Beach County Palm Beach 33480 North End

1230 N Ocean Way, Palm Beach, FL

This home is located at 1230 N Ocean Way, Palm Beach, FL 33480 and is currently priced at $4,275,000, approximately $1,513 per square foot. This property was built in 1951. 1230 N Ocean Way 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.

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