NOT LISTED FOR SALE

1632 S Ocean Blvd Palm Beach, FL 33480

Estimated Value: $4,896,000 - $17,155,384

4 Beds
6.5 Baths
5,574 Sq Ft
$1,978/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $14,000,000 $2,512 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $73,581/month

459 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Vaulted Ceiling
  • Skylights

About This Home

As of June 2020

Rarely does an oceanfront home of this caliber come along. This newly renovated home was built from the ground up to the highest quality. This crisp, classic Regency-style 4 BR/6.1 BA home with pool and pool house is pure perfection. Designed for today's buyer, this important 6,274 square foot home has high ceilings, bright open floor plan, and high-end, tasteful finishes. Relish the captivating ocean views from both the living room and 2 bedrooms. The master BR features 2 large, stunning his/her bathrooms and closets. Pale wood European oak floors and large doors opening to fabulous outdoor areas are ideal for casual elegance and entertaining. State-of-the-art white chefs kitchen with top-of-the-line appliances, electronics, etc. Hurricane impact windows and retractable sliding door

Last Agent to Sell the Property

ASHLEY O'NEIL

Brown Harris Stevens of PB License #3401738 Listed on: 02/11/2019

Brown Harris Stevens of PB

Co-Listed By

Ashley Copeland

Brown Harris Stevens of PB License #3079640

Last Buyer's Agent

Arnold E

Illustrated Properties LLC (We License #3041987

Illustrated Properties LLC (We

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $129,960

Year Built

  • Built in 1955

Lot Details

  • 0.66 Acre Lot
  • Ocean Front
  • Fenced
  • Sprinkler System
  • Property is zoned R-A(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 5,574 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Skylights
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Concrete Pool
  • Fence Around Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

  • Palm Beach Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434411030001004

Home Details

Home Type

Single Family

Est. Annual Taxes

$129,960

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 1.3miles south of Southern Blvd on S. Ocean Blvd.
  • Year Built: 1955
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, High Ceilings, Living/Dining Room, Custom Mirrors, Skylights, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Wood
  • Living Area: 5574.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 1
  • Window Features: Drapes, Impact Glass, Sliding, Skylight(s)

Exterior Features

  • Exterior Features: Fence
  • View: Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Fenced, Heated, Other, Pool Equipment, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

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, Garage Door Opener

Utilities

  • Security: Security System, Motion Detectors, Security Lights, Fire Sprinkler System, Smoke Detector(s)
  • 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: Street Lights
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434411030001004
  • Lot Size Sq Ft: 28915.0
  • Zoning Description: R-A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 129960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Jun 15, 2020
Sold by
Maurice Pinsonnault Management Inc
Bought by
Raymond John J and The Mmxx Mare Visum Land Trust
Seller's Agent
ASHLEY O'NEIL
Brown Harris Stevens of PB
Buyer's Agent
Arnold E
Illustrated Properties LLC (We
List Price
$18,500,000
Sold Price
$14,000,000
Premium/Discount to List
-$4,500,000
-24.32%
Current Estimated Value
$11,025,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,974,308
Avg. Annual Appreciation
-4.41%
Original Mortgage
$9,425,000
Outstanding Balance
$8,391,356
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,634,336

Purchase Details

Listed on
Feb 19, 2016
Closed on
Oct 20, 2016
Sold by
Heilweil Flora P
Bought by
Maurice Pinsonnault Managemnet Inc
Seller's Agent
THOR BROWN
THE FITE GROUP
Buyer's Agent
STEPHEN PLOOF
JEFFREY A. CLONINGER and ASSOC.,INC.
List Price
$8,750,000
Sold Price
$8,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
May 16, 1995
Sold by
Issels Ilse Marie and Issels Josef
Bought by
Heilweil Jerome P and Heilweil Flora P
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
Raymond John J $14,000,000 Attorney
Maurice Pinsonnault Managemnet Inc $8,750,000 None Available
Heilweil Jerome P $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond John J $9,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $14,000,000 -24.3% $2,512 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
02/11/2019 02/11/19 For Sale $18,500,000 +111.4% $3,319 / Sq Ft
10/20/2016 10/20/16 Sold $8,750,000 0.0% $1,312 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $8,750,000 -- $1,312 / 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 $181,501 $12,164,716 -- --
2023 $177,811 $11,810,404 $0 $0
2022 $178,153 $11,466,412 $0 $0
2021 $181,168 $11,132,439 $9,920,000 $1,212,439
2020 $130,626 $7,849,047 $6,960,000 $889,047
2019 $146,234 $8,806,585 $8,000,000 $806,585
2018 $129,959 $8,231,074 $7,543,584 $687,490
2017 $117,449 $6,982,107 $6,286,320 $695,787
2016 $44,320 $2,606,585 $0 $0
2015 $45,834 $2,588,466 $0 $0
2014 $46,055 $2,567,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    ASHLEY O'NEIL

    Brown Harris Stevens of PB

    (203) 219-1421

    26 Total Sales

    ASHLEY O'NEIL
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Ashley Copeland

    Brown Harris Stevens of PB

    (561) 596-5959

    72 Total Sales

    Ashley Copeland
    Section Image

  • A

    Buyer's Agent in 2020

    Arnold E

    Illustrated Properties LLC (We

    (561) 758-5663

    20 Total Sales

    Arnold E
    Section Image

  • T

    Seller's Agent in 2016

    THOR BROWN

    THE FITE GROUP

  • S

    Buyer's Agent in 2016

    STEPHEN PLOOF

    JEFFREY A. CLONINGER and ASSOC.,INC.

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Map

Source: BeachesMLS

MLS Number: R10503786

BeachesMLS

APN: 50-43-44-11-03-000-1004

Florida Palm Beach County Palm Beach 33480

1632 S Ocean Blvd, Palm Beach, FL

This home is located at 1632 S Ocean Blvd, Palm Beach, FL 33480 since 11 February 2019 and is currently estimated at $11,025,692, approximately $1,978 per square foot. This property was built in 1955. 1632 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill 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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