NOT LISTED FOR SALE

1558 N Ocean Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,705,000 - $17,025,329

4 Beds
6 Baths
5,810 Sq Ft
$1,987/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $10,200,000 $1,756 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $68,137/month

346 Days on Market

Highlights

  • Ocean Front
  • Wine Room
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Pool and Spa
  • Bermuda Architecture

About This Home

As of March 2017

Unique North End opportunity! Over sized property within steps of the best beach on the Island. Exceptional Caribbean style home boasts an abundance of privacy as the adjacent vacant lot is included totaling over 29,000+/- sq. ft. of pristine property. A flawless design includes 4 bedrooms/6.1 baths, bonus room and exceptional outdoor areas. The specific attention to detail includes Leed's custom cabinetry throughout, hardwood and marble flooring, Lutron lighting, whole house audio system, elevator, wood paneled library, temperature controlled wine room, impact windows and doors and much more. Custom Built in 2010, the home has a total of over 7,500 +/- sq.ft. with room to expand. Enjoy the opportunity to build a separate guest house, tennis court, or simply enjoy the private estate grounds....endless possibilities!

Last Agent to Sell the Property

HEATHER BRETZLAFF

The Corcoran Group Listed on: 02/12/2016

Co-Listed By

CRAIG BRETZLAFF

The Corcoran Group

Last Buyer's Agent

Ashley Copeland

Brown Harris Stevens of Palm Beach 5225 License #SL-3079640

Brown Harris Stevens of Palm Beach 5225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,007

Year Built

  • Built in 2010

Lot Details

  • 0.37 Acre Lot
  • Ocean Front
  • Home has sun exposure from multiple directions
  • Fenced Front Yard
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 5,810 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Wine Room
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Boca Raton Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234020000270

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,007

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 130
  • Subdivision Name: Boca Raton Co
  • Directions: Corner of Arabian Road and North Ocean Way
  • Architectural Style: Bermuda, Two Story
  • Garage Yn: Yes
  • Year Built: 2010
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 40007.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 5810.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • 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
  • General Property Description:Lot Dim (1): 130
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 16117
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Floors:StoneBrick: Yes
  • Exposure:West: Yes
  • Waterfront:Ocean-Across Street: Yes
  • Lot Size:Corner Lot: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Instant Hot Water, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Stone/Brick, W/W Carpeting
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Elevator, Fireplace, Sound System, Smoke Detectors, Storage, Wet Bar, Wine Rm/Temp-Control
  • Living Area: 5810.0
  • Window Features: Impact Glass, Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Wine RmTemp-Control: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Corner Lot
  • Pool Features: Pool, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Front Wall, Ocean Access-No Deed, Built-in Grill, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 16117.0
  • Parcel #: 50434234020000270
  • Zoning: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 40007.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Mar 29, 2017
Sold by
Reid John A and Mullan Jill Reid
Bought by
Harrington Thomas J and The 1558 North Ocean Way Realty Trust
Seller's Agent
HEATHER BRETZLAFF
The Corcoran Group
Buyer's Agent
Ashley Copeland
Brown Harris Stevens of Palm Beach 5225
List Price
$10,200,000
Sold Price
$10,200,000
Current Estimated Value
$11,547,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,347,110
Avg. Annual Appreciation
1.48%
Original Mortgage
$4,500,000
Outstanding Balance
$3,651,778
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,895,332

Purchase Details

Closed on
Jul 11, 2011
Sold by
Arabian Beach Llc
Bought by
Reid John A

Purchase Details

Closed on
Mar 6, 2008
Sold by
Cunningham James S and Cunningham Helen E
Bought by
Arabian Beach Llc

Purchase Details

Closed on
Mar 7, 2007
Sold by
Cunningham James S and Cunningham Helen E
Bought by
Broberg Peter S

Purchase Details

Closed on
Apr 24, 2003
Sold by
Apple Steven L
Bought by
Cunningham James S and Cunningham Helen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.79%

Purchase Details

Closed on
Mar 26, 2002
Sold by
Crompton John S
Bought by
Apple Steven L

Purchase Details

Closed on
Aug 1, 1994
Sold by
Frank Sally and Frank William A
Bought by
Crompton John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
8.39%
Source: Public Records

Range of Values:

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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
Harrington Thomas J $7,600,000 Horizone Title Svcs Inc
Reid John A $4,750,000 Attorney
Arabian Beach Llc $2,100,000 Attorney
Broberg Peter S -- Attorney
Cunningham James S $2,620,000 --
Apple Steven L $2,200,000 --
Crompton John S $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrington Thomas J $4,500,000
Previous Owner Arabian Beach Llc $6,958,475
Previous Owner Cunningham James S $1,000,000
Previous Owner Crompton John S $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $10,200,000 0.0% $1,756 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
02/12/2016 02/12/16 For Sale $10,200,000 -- $1,756 / 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 $85,895 $9,155,758 -- --
2023 $172,897 $8,323,416 $0 $0
2022 $135,575 $7,566,742 $0 $0
2021 $111,788 $6,878,856 $3,550,209 $3,328,647
2020 $105,095 $6,366,941 $3,298,939 $3,068,002
2019 $97,520 $5,779,112 $2,999,035 $2,780,077
2018 $90,566 $5,546,509 $2,999,035 $2,547,474
2017 $74,280 $4,791,750 $2,563,749 $2,228,001
2016 $39,743 $2,078,423 $0 $0
2015 $40,007 $2,005,622 $0 $0
2014 $38,726 $1,937,279 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    HEATHER BRETZLAFF

    The Corcoran Group

  • C

    Seller Co-Listing Agent in 2017

    CRAIG BRETZLAFF

    The Corcoran Group

  • A

    Buyer's Agent in 2017

    Ashley Copeland

    Brown Harris Stevens of Palm Beach 5225

    (561) 596-5959

    7 in this area

    72 Total Sales

    Ashley Copeland
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-406

APN: 50-43-42-34-02-000-0270

Florida Palm Beach County Palm Beach 33480 North End

1558 N Ocean Way, Palm Beach, FL

This home is located at 1558 N Ocean Way, Palm Beach, FL 33480 since 12 February 2016 and is currently estimated at $11,547,110, approximately $1,987 per square foot. This property was built in 2010. 1558 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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