$10,000,000
SOLD FEB 28, 2020

1742 S Ocean Blvd Palm Beach, FL 33480

5 Beds
6.5 Baths
6,067 Sq Ft
0.62 Acres

Recently Sold

$1,648 Per Sq Ft

17% Below List Price

136 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • High Ceiling

About This Home

As of February 2020

Beautiful 2 Story Contemporary direct ocean front home. 5BR/5BA, (2) 1/2BA, 5 large terraces on the 2nd floor, over-sized 3 car garage, and pool.

Last Agent to Sell the Property

Earl Hollis

Earl A. Hollis, Inc. License #40591 Listed on: 09/10/2019

Last Buyer's Agent

Jana Scarpa

William Raveis Real Estate License #3046935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,201

Year Built

  • Built in 1987

Lot Details

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

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 6,067 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Den
  • Sun or Florida Room
  • Ocean Views
  • Home Security System

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Pool

  • Private Pool

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434411030001052

Community Details

Overview

  • Palm Beach Estates Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,201

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Ocean Blvd., South of Southern Blvd.
  • Year Built: 1987
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Fireplace, High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile
  • Living Area: 6067.0
  • Dining Room Type: Den, Florida Room, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Fence
  • View: Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434411030001052
  • Lot Size: 51.0 ft x 0.0 ft
  • Lot Size Sq Ft: 26846.0
  • Zoning Description: R-A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 115201.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
1742 Llc
Bought by
Wolseley Investments Ii Llc
Total Days on Market
136

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

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Range of Values:

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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
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
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: 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 $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: BeachesMLS

MLS Number: R10561228

BeachesMLS

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