NOT LISTED FOR SALE

1840 S Ocean Blvd Palm Beach, FL 33480

Estimated Value: $2,914,000 - $142,078,848

9 Beds
10 Baths
18,079 Sq Ft
$4,010/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $109,625,000 $6,064 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $522,987/month

24 Days on Market

Highlights

  • Ocean Front
  • Dock has access to electricity
  • Wine Room
  • Palm Beach Public School Rated A-
  • Guest House
  • Pool and Spa

About This Home

As of June 2021

This home is located at 1840 S Ocean Blvd, Palm Beach, FL 33480 since 05 March 2021 and is currently estimated at $72,496,424, approximately $4,009 per square foot. This property was built in 2015. 1840 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.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 03/05/2021

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 03/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $572,842

Year Built

  • Built in 2015

Lot Details

  • 2.66 Acre Lot
  • Ocean Front
  • Lake Front
  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Sprinkler System
  • Property is zoned RAA

Home Design

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

Interior Spaces

  • 18,079 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Awning
  • Wine Room
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Home Gym

Kitchen

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

Flooring

  • Wood
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 10 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Bathroom In Garage
  • Garage Door Opener

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Dock has access to electricity
  • Dock made with concrete
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Additional Homes

  • Guest House

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434411000010070

Home Details

Home Type

Single Family

Est. Annual Taxes

$572,842

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.66
  • Lot Size: 271
  • Subdivision Name: N/A
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 2015
  • Location Tax Legal:Zoned: RAA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 572842.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 18079.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: 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): 271
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 115869
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Floors:StoneBrick: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Waterfront:Lakefront: Yes
  • Waterfront:Ocean-Across Street: Yes
  • Dock:Concrete: Yes
  • Waterfront:Ocean to Lake: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Range-Electric, Range-Gas, Oven-Single, Oven-Double, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Flooring: Hardwood, Marble, Stone/Brick, Tile
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Elevator, Fireplace, Sound System, Smoke Detectors, Storage, Wet Bar, Wine Rm/Temp-Control, Pantry
  • Living Area: 18079.0
  • Window Features: Awning, Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: 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
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1 to 3 Acres
  • Pool Features: Pool, Fresh Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct, Lakefront, Ocean-Across Street, Ocean to Lake
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Ocean Access-Deeded, Built-in Grill, Sprinkler System, Satellite Dish, Guesthouse/Cottage, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Satellite Dish: Yes

Garage/Parking

  • Parking Features: 4 Car, Attached, Air Conditioned, Door Opener, Toilet in Garage
  • Garage: Yes
  • Garage:Air Conditioned: Yes
  • Garage:Toilet in Garage: Yes
  • Garage:_four_ 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: 115869.0
  • Parcel #: 50434411000010070
  • Zoning: RAA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 572842.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jun 14, 2021
Sold by
Langner Ernst Arnold and South Ocean Boulevard
Bought by
Kocbinan Ronald and The 1840 South Ocean Trust
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$109,625,000
Sold Price
$109,625,000
Current Estimated Value
$72,496,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,128,576
Original Mortgage
$65,775,000
Outstanding Balance
$60,689,796
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2016
Sold by
Langner Ernst and Langner Ernst Arnold
Bought by
Langner Ernst Arnold and The 1840 South Ocean Boulevard Revocable

Purchase Details

Closed on
Dec 5, 2012
Sold by
Rabideau Guy and 1840 S Ocean Land Trust
Bought by
Langner Dr Ernst

Purchase Details

Closed on
May 29, 2012
Sold by
Rinker Ruby S and Bytnar Andrzej J
Bought by
Rabideau Guy and 1840 South Ocean Land Trust

Purchase Details

Closed on
Jan 12, 2009
Sold by
Rinker Ruby S and Bytnar Andrzej J
Bought by
Rinker Ruby S and Ruby S Rinker Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2008
Sold by
Rinker Ruby S
Bought by
Rinker Ruby S and Ruby S Rinker Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 25, 1999
Sold by
Furman Roy
Bought by
Rinker Ruby S

Purchase Details

Closed on
Apr 15, 1998
Sold by
Mclaughlin Marcella K and Mclaughlin Vincent F
Bought by
Furman Roy
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
Kocbinan Ronald $109,625,000 Attorney
Langner Ernst Arnold -- Attorney
Langner Dr Ernst -- Attorney
Rabideau Guy $23,500,000 Attorney
Rinker Ruby S -- Attorney
Rinker Ruby S $7,450,000 --
Furman Roy $6,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kocbinan Ronald $65,775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $109,625,000 0.0% $6,064 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $109,625,000 -- $6,064 / 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 $1,663,517 $111,657,686 -- --
2023 $1,709,521 $113,686,494 $50,319,500 $63,366,994
2022 $1,641,027 $105,688,423 $0 $0
2021 $731,356 $54,214,222 $37,200,300 $17,013,922
2020 $572,842 $34,508,682 $26,100,000 $8,408,682
2019 $666,326 $39,340,648 $30,000,000 $9,340,648
2018 $607,113 $37,923,816 $29,896,181 $8,027,635
2017 $555,112 $33,109,212 $24,913,485 $8,195,727
2016 $562,685 $32,702,778 $0 $0
2015 $613,298 $33,777,630 $0 $0
2014 $385,403 $21,239,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    119 Total Sales

    Lawrence A Moens
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-378

APN: 50-43-44-11-00-001-0070

Florida Palm Beach County Palm Beach 33480

1840 S Ocean Blvd, Palm Beach, FL

This home is located at 1840 S Ocean Blvd, Palm Beach, FL 33480 since 05 March 2021 and is currently estimated at $72,496,424, approximately $4,009 per square foot. This property was built in 2015. 1840 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.

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