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
5.5 Baths
4,204 Sq Ft
$2,401/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $5,475,262 $1,302 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $65,661/month

66 Days on Market

Highlights

  • Property has ocean access
  • Private Pool
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • 30,040 Sq Ft lot
  • Garden View

About This Home

As of May 2017

Stunning brand new custom 4 bedroom by renowned Palm Beach developer Rene Alonso. Features include a private owned 10' of direct oceanfront property with patio and staircase to the beach for this property only, included in price. His/Her master baths off a huge master suite with east facing views and ocean breezes. Timeless architecture and quality materials throughout including limestone and hardwood flooring, custom kitchen with stone tops, formal dining, fireplace and generous covered areas for outdoor entertaining. One of the islands best locations -just steps to the beach!

Last Agent to Sell the Property

Elizabeth DeWoody

Compass Florida LLC (PB) License #3293657 Listed on: 01/31/2017

Compass Florida LLC (PB)

Last Buyer's Agent

Elizabeth DeWoody

Compass Florida LLC (PB) License #3293657 Listed on: 01/31/2017

Compass Florida LLC (PB)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,142

Year Built

  • Built in 2017

Lot Details

  • 0.69 Acre Lot
  • East Facing Home
  • Fenced
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Property Views

  • Garden
  • Pool

Interior Spaces

  • 4,204 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • First Add To Palm Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303040000103

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,142

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Over north bridge to Palm Beach, north to North Ocean Blvd - to property - north way
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Other, Tile, Wood
  • Living Area: 4204.0
  • Dining Room Type: Den
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Garden, Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open, Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303040000103
  • Lot Size Sq Ft: 30040.0
  • Zoning Description: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 60142.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2020
Sold by
Grammarian Inc
Bought by
Norman Scott R
Total Days on Market
66
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.
Original Mortgage
$4,900,000
Outstanding Balance
$4,368,784
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$5,107,080

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
Compass Florida LLC (PB)
Buyer's Agent
Elizabeth DeWoody
Compass Florida LLC (PB)
List Price
$6,295,000
Sold Price
$5,475,262
Premium/Discount to List
-$819,738
-13.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Listed on
Jan 31, 2017
Closed on
Apr 5, 2017
Sold by
Np
Bought by
Np
Seller's Agent
Elizabeth DeWoody
Compass Florida LLC (PB)
Buyer's Agent
Elizabeth DeWoody
Compass Florida LLC (PB)
List Price
$6,295,000
Sold Price
$5,475,262
Premium/Discount to List
-$819,738
-13.02%

Purchase Details

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

Purchase Details

Closed on
Jul 9, 2013
Sold by
Sughriue Babette K
Bought by
Deaj Properties Limited

Purchase Details

Closed on
Jun 24, 2013
Sold by
Sughrue John J
Bought by
Feldberg David

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
05/08/2017 05/08/17 Sold $5,475,262 -13.0% $1,302 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $6,295,000 -- $1,497 / Sq Ft
Source: BeachesMLS

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 2017

    Elizabeth DeWoody

    Compass Florida LLC (PB)

    (561) 308-0931

    28 in this area

    119 Total Sales

    Elizabeth DeWoody
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10303662

BeachesMLS

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 31 January 2017 and is currently estimated at $10,094,760, approximately $2,401 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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