$48,500,000
SOLD MAY 14, 2025

1519 N Ocean Way Palm Beach, FL 33480

North End Neighborhood
10 Beds
11.5 Baths
9,136 Sq Ft
1.81 Acres

Recently Sold

$5,309 Per Sq Ft

12% Below List Price

47 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Vaulted Ceiling
  • Palm Beach Public School Rated A-
  • 78,974 Sq Ft lot
  • Wood Flooring

About This Home

As of May 2025

Direct Oceanfront North End Dunes Estate. Situated on over 1.8 acres with expansive sand dunes leading to the widest and most private beach on the Island. This captivating European villa features a wrap-around covered lanai and balconies for a total of 12,928 square feet. Renovate or build new on this rare waterfront property.

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 02/15/2025

The Corcoran Group

Co-Listed By

Allison Wren

The Corcoran Group License #3199580

Last Buyer's Agent

Thomas Shaw

Sotheby's Intl. Realty, Inc. License #3077438

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $376,962

Year Built

  • Built in 1936

Lot Details

  • 1.81 Acre Lot
  • Ocean Front

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 9,136 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Ocean Views

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Boca Ratone Colet Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234020000081

Home Details

Home Type

Single Family

Est. Annual Taxes

$376,962

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on North Ocean Blvd to Mediterranean and right to North Ocean Way
  • Year Built: 1936
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), Fireplace, Pantry, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Total Bedrooms: 10
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Hardwood, Other, Tile, Wood
  • Living Area: 9136.0
  • Dining Room Type: Den, Family Room, In-Law Suite
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Porch, Patio
  • View: Ocean
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch, Wrap Around
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434234020000081
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 78974.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 376962.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2025
Closed on
May 13, 2025
Sold by
1519 N Ocean Way 1 Llc and 1519 N Ocean Way 2 Llc
Bought by
Duane And Kelly Roberts Community Property Tr and Roberts
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Thomas Shaw
Sotheby's Intl. Realty, Inc.
List Price
$54,900,000
Sold Price
$48,500,000
Premium/Discount to List
-$6,400,000
-11.66%
Total Days on Market
47
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$33,950,000
Outstanding Balance
$33,950,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$27,430,000

Purchase Details

Listed on
Nov 26, 2018
Closed on
May 3, 2019
Sold by
Mccarthy Frederick W
Bought by
1519 N Ocean Way 1Llc and 1519 N Ocean Way 2 Llc
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
ALLISON WREN
Premier Estate Properties, Inc. - Palm Beach
List Price
$15,946,570
Sold Price
$15,946,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.22%
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 $48,500,000 None Listed On Document
Warranty Deed $48,500,000 None Listed On Document
Warranty Deed $15,010,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $33,950,000 New Conventional
Closed $33,950,000 New Conventional
Previous Owner $3,000,000 Credit Line Revolving
Previous Owner $2,000,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $900,000 Negative Amortization
Previous Owner $900,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $48,500,000 -11.7% $5,309 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
02/15/2025 02/15/25 For Sale $54,900,000 0.0% $6,009 / Sq Ft
05/29/2020 05/29/20 Rented $470,000 0.0% --
04/29/2020 04/29/20 Under Contract -- -- --
10/10/2019 10/10/19 For Rent $470,000 0.0% --
05/03/2019 05/03/19 Sold $15,946,570 0.0% $1,732 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $15,946,570 -- $1,732 / 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 $376,156 $21,650,170 -- --
2023 $331,399 $19,681,973 $0 $0
2022 $319,229 $17,892,703 $0 $0
2021 $267,267 $16,727,211 $14,950,000 $1,777,211
2020 $244,818 $14,787,358 $13,390,000 $1,397,358
2019 $102,393 $6,063,711 $0 $0
2018 $97,251 $5,950,649 $0 $0
2017 $97,322 $5,828,256 $0 $0
2016 $97,671 $5,708,380 $0 $0
2015 $101,017 $5,668,699 $0 $0
2014 $101,505 $5,623,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Koch

    Seller's Agent in 2025

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    75 in this area

    234 Total Sales

    Dana Koch
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Allison Wren

    The Corcoran Group

    (561) 655-9081

    4 in this area

    26 Total Sales

    Allison Wren
    Section Image

  • T

    Buyer's Agent in 2025

    Thomas Shaw

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    1 in this area

    13 Total Sales

    Thomas Shaw
    Section Image

  • J

    Seller's Agent in 2019

    JIM McCANN

    Premier Estate Properties, Inc. - Palm Beach

    (561) 307-1525

    31 in this area

    78 Total Sales

    JIM McCANN
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11062795

BeachesMLS

APN: 50-43-42-34-02-000-0081

Florida Palm Beach County Palm Beach 33480 North End

1519 N Ocean Way, Palm Beach, FL

This home is located at 1519 N Ocean Way, Palm Beach, FL 33480 and is currently priced at $48,500,000, approximately $5,308 per square foot. This property was built in 1936. 1519 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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