$10,000,000
SOLD FEB 28, 2020

1742 S Ocean Blvd Palm Beach, FL 33480

0.62 Acre
$16,129,032 Price per Acre
27,007 Sq Ft Lot

Recently Sold

$1,648 Per Sq Ft

544 Days on Market

Highlights

  • Ocean Front
  • Palm Beach Public School Rated A-
  • Corner Lot

About This Lot

As of June 2025

Spectacular contemporary direct ocean front home. 5 BR/5.2 BA contemporary style with ocean view from every room. Two floors, fireplace, pool, 2 large terraces on the second floor, over-sized 3 car garage. High elevation lot.
Property rented until June 30, 2019

Last Agent to Sell the Property

Earl Hollis

Earl A. Hollis, Inc. License #40591 Listed on: 07/27/2018

Last Buyer's Agent

JANA SCARPA

BARCLAYS INTERNATIONAL REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $115,202

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 97'x207'
  • Ocean Front
  • East Facing Home
  • Corner Lot
  • Property is zoned RA

Property Views

  • Water Views

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Gedney Vs Pierson Comms Map Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434411030001052

Property Details

Property Type

Land

Est. Annual Taxes

$115,202

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.62
  • Subdivision Name: GEDNEY VS PIERSON COMMS MAP
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Taxes2: 115202.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Waterfront: Yes
  • General Property Description:Lot Dim (1): 97'x207'
  • General Property Description:Lot SqFt: 26846
  • Exposure:East: Yes
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • Waterfront:Ocean-Across Street: Yes
  • Lot Size:Corner Lot: Yes
  • Land Improvements:Gas Available: Yes
  • Land Improvements:Sewer Available: Yes
  • Miscellaneous:Waterview: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF, Corner Lot
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes

Utilities

  • Utilities: Electric at Site, Sewer Available, Water Available, Natural Gas Available

Lot Info

  • Lot Size Sq Ft: 26846.0
  • Parcel #: 50434411030001052
  • Zoning: RA
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 115202.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Jun 23, 2025
Sold by
1742 Llc
Bought by
1742 South Ocean Trust and Klein
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
pbb.rets.frisst
pbb.rets.RETS_OFFICE
List Price
$44,950,000
Sold Price
$38,750,000
Premium/Discount to List
-$6,200,000
-13.79%
Views
141

Purchase Details

Closed on
Aug 15, 2023
Sold by
1742 Llc
Bought by
Wolseley Investments Ii Llc

Purchase Details

Listed on
Sep 10, 2019
Closed on
Feb 28, 2020
Sold by
Lehmann Gunther E
Bought by
1742 Llc
Seller's Agent
Earl Hollis
Earl A. Hollis, Inc.
Buyer's Agent
Jana Scarpa
William Raveis Real Estate
List Price
$12,000,000
Sold Price
$10,000,000
Premium/Discount to List
-$2,000,000
-16.67%

Purchase Details

Closed on
Jan 7, 2004
Sold by
Liszewski Robert J and Murray James M
Bought by
Lehmann Gunther E
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 $38,750,000 None Listed On Document
Contract Of Sale -- None Listed On Document
Contract Of Sale -- None Listed On Document
Warranty Deed $10,000,000 Attorney
Deed -- Colonial Title Of Plantation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,913,710 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $38,750,000 -13.8% $4,743 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $44,950,000 +349.5% $5,502 / Sq Ft
02/28/2020 02/28/20 Sold $10,000,000 0.0% $1,648 / Sq Ft
02/28/2020 02/28/20 Sold $10,000,000 -16.7% $1,648 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/22/2020 01/22/20 Pending -- -- --
09/14/2019 09/14/19 For Sale $12,000,000 +20.0% $1,978 / Sq Ft
07/27/2018 07/27/18 For Sale $10,000,000 0.0% $1,648 / Sq Ft
07/15/2018 07/15/18 Rented $15,000 0.0% --
06/15/2018 06/15/18 Under Contract -- -- --
03/31/2017 03/31/17 For Rent $15,000 0.0% --
08/07/2015 08/07/15 Rented $15,000 0.0% --
07/08/2015 07/08/15 Under Contract -- -- --
07/01/2015 07/01/15 Rented $15,000 -25.0% --
06/01/2015 06/01/15 Under Contract -- -- --
11/13/2014 11/13/14 For Rent $20,000 +33.3% --
09/11/2014 09/11/14 For Rent $15,000 -- --
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 $180,593 $11,567,002 -- --
2023 $165,857 $10,515,456 $0 $0
2022 $151,270 $9,559,505 $0 $0
2021 $149,346 $9,193,638 $8,680,600 $513,038
2020 $108,987 $6,537,151 $6,090,000 $447,151
2019 $126,712 $7,453,409 $7,000,000 $453,409
2018 $115,201 $7,302,949 $6,813,560 $489,389
2017 $103,967 $6,172,716 $5,677,967 $494,749
2016 $107,501 $6,240,165 $0 $0
2015 $107,101 $5,766,247 $0 $0
2014 $96,740 $5,242,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-1443

APN: 50-43-44-11-03-000-1052