Seller's Agent in 2025
Dana Koch
The Corcoran Group
(561) 379-7718
68 in this area
223 Total Sales
1519 N Ocean Way Palm Beach, FL 33480
North End Neighborhood
9
Beds
11
Baths
9,207
Sq Ft
1.04
Acres
Highlights
- Direct Ocean View
- Property has ocean access
- Waterfront
- Palm Beach Public School Rated A-
- Gas Heated Pool
- 1.04 Acre Lot
About This Home
As of May 2025Direct Oceanfront Dunes Estate. In a privileged location this 43,315 SF parcel is one of only 6 properties in this exclusive North Ocean Way enclave. Defined by hundreds of feet of expansive protective sand dunes leading to the widest and most beautiful beach on the Island, this real estate has commanded record prices among discrete buyers. Situated on 1.04 acres, this charming seaside European villa features wrap-around covered lanais and covered balconies in a total of 13,271 square feet. Custom moldings, warm wood and tile floors, expansive light-filled rooms, new chef's island kitchen, commanding master suite with vaulted ceiling, and truly incomparable views make this an opportunity not to be missed. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Copyright 2018 Listing Company. All Rights Reserved.
Last Agent to Sell the Property
Premier Estate Properties, Inc. - Palm Beach License #BK-397290 Listed on: 11/26/2018
Last Buyer's Agent
ALLISON WREN
Premier Estate Properties, Inc. - Palm Beach License #3199580
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $97,745
Year Built
- Built in 1936
Lot Details
- 1.04 Acre Lot
- Waterfront
- East Facing Home
- Back Yard Fenced
- Property is zoned RA
Parking
- 1 Car Attached Garage
Home Design
- Mediterranean Architecture
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 9,207 Sq Ft Home
- 2-Story Property
- Wet Bar
- Ceiling Fan
- Fireplace
- Dining Room
- Library
- Utility Room
- Direct Ocean Views
- Hurricane or Storm Shutters
Kitchen
- Double Oven
- Gas Range
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 11 Bathrooms
- Bidet
Laundry
- Dryer
- Washer
Pool
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Property has ocean access
- Balcony
- Patio
- Lanai
Community Details
- No Home Owners Association
- Boca Raton Co Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434234020000081
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%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,941,000
Avg. Annual Appreciation
-99.62%
Original Mortgage
$33,950,000
Interest Rate
6.64%
Mortgage Type
New Conventional
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Previous Owner | $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: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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
-
Allison Wren
A
Seller Co-Listing Agent in 2025
Allison Wren
The Corcoran Group
(561) 655-9081
4 in this area
28 Total Sales
-
Thomas Shaw
T
Buyer's Agent in 2025
Thomas Shaw
Sotheby's Intl. Realty, Inc.
(561) 659-3555
1 in this area
13 Total Sales
-
JIM McCANN
J
Seller's Agent in 2019
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
(561) 307-1525
25 in this area
71 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 18-2309
APN: 50-43-42-34-02-000-0081
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