NOT LISTED FOR SALE

1438 N Ocean Blvd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,288,000 - $18,831,068

9 Beds
9 Baths
7,383 Sq Ft
$1,837/Sq Ft Est. Value

Highlights

  • Ocean Front
  • Cabana
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Double Oven

About This Home

As of April 2020

Available July 1-August 21, 2020. Rented September 1, 2020-March 31, 2021.

Live like a true North End local in the completely renovated Sea Captain's house directly on the ocean and overlooking the largest, most pristine beach on the island. The nine bedrooms, two kitchens, top-of-the-line fixtures and furnishings make this the perfect Palm Beach retreat. Entertain inside or out with a luxurious dining room, multiple living spaces, terraces and various outdoor loggias, including a generous heated pool and cabana. Additional features include: the private entrance off the quiet low traffic street, indoor/outdoor fireplaces, marble bathrooms, elevator, impact glass and more. Available for annual rental--price to be determined.

Last Agent to Rent the Property

Crista Ryan

Tina Fanjul Associates, Inc. License #SL-451844 Listed on: 09/17/2019

Last Renter's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $262,495

Year Built

  • Built in 1929

Lot Details

  • Ocean Front
  • East Facing Home
  • Sprinkler System

Interior Spaces

  • 7,383 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Dining Room
  • Library
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Pest Guard System

Parking

  • Garage
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes cable TV, water, sewer
  • 12 Month Lease Term
  • Ask Agent About Lease Term
  • Seasonal Lease Term
  • Assessor Parcel Number 50434234070000030

Community Details

Overview

  • Front Yard Maintenance
  • Esplanade Ests Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Pool Services

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$262,495

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Esplanade Ests
  • Architectural Style: Three + Story
  • Building Name: N/A
  • Year Built: 1929
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 7383.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 20000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Pets w/Restrictions
  • Lease Type:Annual: Yes
  • Style:Three Story: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Lease Type:Off Season: Yes
  • Services Included:Pool Services: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Flooring: Hardwood
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Sound System, Wet Bar, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 7383.0
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Ocean Access-Deeded, Sprinkler System, Elevator
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Water, Sewer
  • Amenities: Pest Control, Trash Removal, Pool Services, Yard Services

Lot Info

  • Parcel #: 50434234070000030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2019
Sold by
Schultz Michael and Schultz Lisa
Bought by
1438 N Ocean Llc
Current Estimated Value
$13,559,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Outstanding Balance
$4,398,768
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$9,160,766

Purchase Details

Closed on
Apr 15, 2005
Sold by
Tyner Deborah N and Doremus Theodore A
Bought by
Schultz Michael

Purchase Details

Closed on
Jun 1, 1995
Sold by
Nemec James
Bought by
Nemec James
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
1438 N Ocean Llc $11,513,500 Trident Title
Schultz Michael $5,200,000 --
Nemec James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1438 N Ocean Llc $6,600,000
Previous Owner Tyner Deborah Nemec $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Rented $800,000 0.0% --
03/30/2020 03/30/20 Under Contract -- -- --
09/17/2019 09/17/19 For Rent $800,000 +2185.7% --
08/28/2018 08/28/18 Rented $35,000 0.0% --
07/29/2018 07/29/18 Under Contract -- -- --
08/29/2017 08/29/17 For Rent $35,000 -- --
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 $262,495 $13,529,457 -- --
2023 $257,996 $12,299,506 $0 $0
2022 $208,864 $11,181,369 $0 $0
2021 $182,375 $12,677,058 $11,160,000 $1,517,058
2020 $152,590 $9,240,801 $7,830,000 $1,410,801
2019 $177,579 $10,429,138 $9,000,000 $1,429,138
2018 $162,141 $10,179,080 $8,760,292 $1,418,788
2017 $147,191 $8,723,666 $7,300,243 $1,423,423
2016 $156,689 $9,099,898 $0 $0
2015 $158,172 $8,600,118 $0 $0
2014 $143,652 $7,818,289 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2020

    Crista Ryan

    Tina Fanjul Associates, Inc.

    (561) 313-1327

    22 in this area

    48 Total Sales

    Crista Ryan
    Section Image

  • L

    Tenant's Agent in 2020

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    44 in this area

    119 Total Sales

    Lawrence A Moens
    Section Image

  • S

    Seller's Agent in 2018

    SUZANNE FRISBIE

    The Corcoran Group

  • C

    Buyer's Agent in 2018

    Cris Condon

    Sotheby's International Realty, Inc.

    (561) 301-2211

    3 in this area

    16 Total Sales

    Cris Condon
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-1805

APN: 50-43-42-34-07-000-0030

Florida Palm Beach County Palm Beach 33480 North End

1438 N Ocean Blvd, Palm Beach, FL

This home is located at 1438 N Ocean Blvd, Palm Beach, FL 33480 since 17 September 2019 and is currently priced at $13,559,534. This property was built in 1929. 1438 N Ocean Blvd 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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