NOT LISTED FOR SALE

1233 N Ocean Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,417,000 - $10,674,279

4 Beds
4 Baths
4,234 Sq Ft
$2,384/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $7,000,000 $1,653 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $65,661/month

197 Days on Market

Highlights

  • 10 Feet of Waterfront
  • Property has ocean access
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Newly Remodeled
  • Colonial Architecture

About This Home

As of November 2020

Escape from reality to your private ocean front paradise. Move in now to this rare find, a nearly new British Colonial four bedroom, four-and-a-half bath North End home with private deeded beach access. The beach parcel features a new landing, seating, storage, shower and private ocean access. This beautiful light bright open home features a first floor bedroom, en suite baths and walk in closets in each bedroom, a master suite with his and her baths, elevator, generator, impact glass, new Daikin AC units, ozone pool purifier and a two car garage. The custom kitchen was upgraded with Wolf induction range, Thermadore double ovens and Sub Zero refrigerator. This gracious home is ready for immediate occupancy and is very easy to show live or virtually. The north end of the island is home to the widest and quietest beaches in Palm Beach, along with clubs such as The Sailfish Club, The Beach Club, and Palm Beach Country Club. Palm Beach's world class shopping, dining, fishing and entertainment options are just a short bike (or car) ride away!

Last Agent to Sell the Property

ELIZABETH DeWOODY

Compass Florida LLC License #SL-3293657 Listed on: 03/30/2020

Co-Listed By

PETER CONN, JR

Compass Florida LLC License #3442234

Last Buyer's Agent

MICHAEL COSTELLO

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,632

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.28 Acre Lot
  • 10 Feet of Waterfront
  • Back Yard Fenced
  • Property is zoned RB

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,234 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Fireplace
  • Dining Room
  • Library
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

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

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303040000103

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,632

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 100
  • Subdivision Name: Tropic Isle
  • Architectural Style: Bermuda, Colonial, Two Story
  • Year Built: 2017
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 74632.22
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 4234.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 12197
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • General Property Description:Waterfront Ftg: 10.0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Interior Amenities: Bidet, Cable, Elevator, Fireplace, Smoke Detectors, Storage, Wet Bar
  • Living Area: 4234.0
  • Window Features: Impact Glass
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 12197.0
  • Parcel #: 50434303040000103
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 74632.22
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Nov 8, 2020
Sold by
Grammarian Inc
Bought by
Norman Scott R
Seller's Agent
ELIZABETH DeWOODY
Compass Florida LLC
Buyer's Agent
MICHAEL COSTELLO
The Corcoran Group
List Price
$7,000,000
Sold Price
$7,000,000
Total Days on Market
197
Current Estimated Value
$10,094,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,094,760
Avg. Annual Appreciation
8.36%
Original Mortgage
$4,900,000
Outstanding Balance
$4,368,784
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$5,725,976

Purchase Details

Listed on
Jan 31, 2017
Closed on
May 4, 2017
Sold by
Mccluskey Malcolm M and Mccluskey Angela
Bought by
Grammarian Inc
Seller's Agent
ELIZABETH DeWOODY
The Corcoran Group
Buyer's Agent
ELIZABETH DeWOODY
Florida Professional Real Estate
List Price
$5,475,262
Sold Price
$5,475,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Jan 31, 2017
Closed on
Apr 5, 2017
Sold by
Np
Bought by
Np
Seller's Agent
ELIZABETH DeWOODY
The Corcoran Group
Buyer's Agent
ELIZABETH DeWOODY
Florida Professional Real Estate
List Price
$5,475,262
Sold Price
$5,475,262

Purchase Details

Closed on
Jan 30, 2014
Sold by
Feldberg David
Bought by
Deaj Properties Limited

Purchase Details

Listed on
Mar 26, 2013
Closed on
Jul 9, 2013
Sold by
Sughriue Babette K
Bought by
Deaj Properties Limited
Seller's Agent
Christine Franks
Wilshire International Realty
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$2,150,000
Sold Price
$1,885,000
Premium/Discount to List
-$265,000
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%

Purchase Details

Listed on
Mar 26, 2013
Closed on
Jun 24, 2013
Sold by
Sughrue John J
Bought by
Feldberg David
Seller's Agent
Christine Franks
Wilshire International Realty
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$2,150,000
Sold Price
$1,885,000
Premium/Discount to List
-$265,000
-12.33%

Purchase Details

Closed on
Jan 25, 2010
Sold by
Elliott Walter J and Barbara R Elliott Revocable Tr
Bought by
Elliott Walter J

Purchase Details

Closed on
Aug 29, 2008
Sold by
Elliott Walter J and Elliott Barbara R
Bought by
Elliott Barbara R and Barbara R Elliott Revocable Trust
Source: Public Records

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Range of Values:

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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
Norman Scott R $7,000,000 Trident Title
Grammarian Inc $5,475,262 Attorney
Np -- Attorney
Deaj Properties Limited -- Attorney
Deaj Properties Limited -- Attorney
Feldberg David -- Attorney
Feldberg David -- Attorney
Elliott Walter J -- Attorney
Elliott Barbara R $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Scott R $4,900,000
Previous Owner Elliott Walter J $1,778,480
Previous Owner Elliott Walter J $220,000
Previous Owner Elliott Walter J $250,000
Previous Owner Elliott Walter J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $7,000,000 0.0% $1,653 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $7,000,000 +27.8% $1,653 / Sq Ft
05/09/2017 05/09/17 Sold $5,475,262 0.0% $1,302 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $5,475,262 +190.5% $1,302 / Sq Ft
07/09/2013 07/09/13 Sold $1,885,000 -12.3% $580 / Sq Ft
06/09/2013 06/09/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $2,150,000 -- $662 / 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 $107,942 $6,490,111 -- --
2023 $115,749 $5,900,101 $5,437,782 $4,641,465
2022 $102,687 $5,363,728 $0 $0
2021 $79,293 $4,876,116 $2,805,224 $2,070,892
2020 $72,574 $4,389,568 $2,620,836 $1,768,732
2019 $74,929 $4,437,948 $2,400,760 $2,037,188
2018 $67,911 $4,156,319 $2,400,760 $1,755,559
2017 $33,486 $2,000,000 $2,000,000 $0
2016 $60,142 $3,486,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    ELIZABETH DeWOODY

    Compass Florida LLC

  • P

    Seller Co-Listing Agent in 2020

    PETER CONN, JR

    Compass Florida LLC

  • M

    Buyer's Agent in 2020

    MICHAEL COSTELLO

    The Corcoran Group

  • C

    Seller's Agent in 2013

    Christine Franks

    Wilshire International Realty

  • Christian Angle

    Buyer's Agent in 2013

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    86 in this area

    219 Total Sales

    Christian Angle
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-589

APN: 50-43-43-03-04-000-0103

Florida Palm Beach County Palm Beach 33480 North End

1233 N Ocean Way, Palm Beach, FL

This home is located at 1233 N Ocean Way, Palm Beach, FL 33480 since 30 March 2020 and is currently estimated at $10,094,760, approximately $2,384 per square foot. This property was built in 2017. 1233 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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