$8,654,000 - $50,889,460
RENTED JAN 28, 2025

200 S Ocean Blvd Palm Beach, FL 33480

6 Beds
8 Baths
5,819 Sq Ft
$5,116 Price per Sq Ft

Last Sold May 08, 2024

Last sale price $51,250,000 $8,807 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $179,273/month

Highlights

  • Ocean Front
  • Guest House
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Home Theater
  • Garage Apartment

About This Home

As of January 2025

Indulge in the ultimate coastal living experience with this fully furnished Bermuda beach house, available for lease in Palm Beach. Built in 2018, this modern coastal retreat sits on a sprawling 41,818 SF parcel, with 20,038 SF of beautifully landscaped grounds and an additional 21,780 SF of direct oceanfront.

This impeccably designed 6-bedroom, 5-bathroom home with 3 half-baths spans over 8,948 SF offering expansive living spaces and sophisticated style. The open floor plan includes elegant formal living and dining areas, while windows and doors provide stunning ocean views and abundant natural light throughout.

The residence features a charming screened porch, ideal for outdoor entertaining and relaxation, with picturesque views of the pristine pool gardens. A separate guest house above the 2-car garage ensures privacy and comfort for visitors. The property's luxurious pool area and stylish loggia, also featuring a cozy fireplace, offer an inviting oasis for both leisure and social gatherings.

This beach house combines modern elegance with coastal charm, making it the perfect rental opportunity for those seeking a refined and luxurious lifestyle in one of Palm Beach's most coveted locations.

Last Agent to Rent the Property

Phatavanh Olsen

Douglas Elliman License #BK-3308465 Listed on: 08/22/2024

Douglas Elliman

Co-Listed By

Derek Olsen

Douglas Elliman License #BK-3308016

Last Renter's Agent

JIM McCANN

Premier Estate Properties, Inc. - Palm Beach License #BK-397290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $277,600

Year Built

  • Built in 2018

Lot Details

  • Ocean Front
  • East Facing Home
  • Back and Front Yard Fenced
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Bermuda Architecture

Interior Spaces

  • 5,819 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Fireplace
  • Dining Room
  • Home Theater
  • Library
  • Storage

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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

Parking

  • Garage
  • Garage Apartment
  • Parking Available

Pool

  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

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

Additional Features

  • Non-Toxic Pest Control
  • Guest House

Listing and Financial Details

  • Security Deposit $170,000
  • Rent includes cable TV, electricity, gas, water, sewer
  • Seasonal Lease Term
  • Assessor Parcel Number 50434322060002230

Community Details

Overview

  • Front Yard Maintenance
  • Poinciana Park Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Pool Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$277,600

Year Built

Built in 2018

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Poinciana Park
  • Directions: Royal Park Bridge to S Ocean Blvd. Turn left and go .178 miles to the property
  • Architectural Style: Bermuda, Contemporary, Two Story
  • Building Name: N/A
  • Year Built: 2018
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 5819.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:_pound_ Units in Complex: 1
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:East2: 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
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Contract Information:Deposit Amount: 170000.0
  • Style:Bermuda: Yes
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Laundry:Laundry in Bldg: Yes
  • Services Included:Garbage: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Floors:StoneBrick: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Utilities Included:Electric: Yes
  • Lease Type:Seasonal: Yes
  • Pool:Salt Water: Yes
  • Services Included:Pool Services: Yes
  • Utilities Included:Gas: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Hardwood, Stone/Brick, Tile, Other Flooring
  • Interior Amenities: Cable, Fireplace, Sound System, Storage, Wet Bar, Smoke Alarms, Pantry
  • Living Area: 5819.0
  • Stories: 2
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Pool Features: Pool, Salt Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Fence-Front Wall, Ocean Access-Deeded, Sprinkler System, Impact Doors, Impact Windows, Guest House/Cottage
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Other Rooms:Garage Apartment: Yes
  • Parking 2 Car2: Yes

Utilities

  • Laundry Features: Laundry in Bldg, Laundry in Unit
  • Security: Security System, Other Security
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Electricity, Gas, Water, Sewer
  • Amenities: Other Services, Pest Control, Garbage, Trash Removal, Pool Services, Yard Services

Lot Info

  • Parcel #: 50434322060002230

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
May 8, 2024
Sold by
Gochman David E and Gochman Becky
Bought by
Wpb Investments 1 Llc
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
Phatavanh Olsen
Douglas Elliman
List Price
$59,000,000
Sold Price
$51,250,000
Premium/Discount to List
-$7,750,000
-13.14%
Views
208
Current Estimated Value
$29,771,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,478,270
Avg. Annual Appreciation
-31.24%

Purchase Details

Closed on
Dec 3, 2018
Sold by
200 South Ocean Blvd 2014 Llc
Bought by
Gochman David E and Gochman Becky

Purchase Details

Closed on
Dec 16, 2014
Sold by
Gochman David and Gochman Becky
Bought by
200 South Ocean Blvd 2014 Llc

Purchase Details

Listed on
Nov 21, 2013
Closed on
May 8, 2014
Sold by
Reveley Robert J and Heberlein Julie A
Bought by
Gochman David and Gochman Becky
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
JACK ELKINS
THE CORCORAN GROUP
List Price
$15,384,579
Sold Price
$15,384,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Dec 19, 2006
Sold by
Garrison Wayne and Garrison Pamela
Bought by
Reveley Robert J and Heberlein Julie A

Purchase Details

Closed on
Aug 24, 2005
Sold by
Heberlein Julie A
Bought by
Reveley Robert J and Heberlein Julie A

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
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1999
Sold by
Simon Stanley H and Simon M
Bought by
Brown Harvey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1998
Sold by
Nationsbank Na
Bought by
Heberlein Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 1998
Sold by
Clerk Of The Court
Bought by
National N A

Purchase Details

Closed on
Feb 6, 1998
Sold by
Clerk Of The Court
Bought by
First Union National Bank

Purchase Details

Closed on
May 3, 1996
Sold by
Orlofsky Blanche
Bought by
Shapiro Herbert L and Shapiro Selma M

Purchase Details

Closed on
Apr 12, 1996
Sold by
Rand Bernadene and Rand Goldfeld J
Bought by
Goldfeld Hyman

Purchase Details

Closed on
Jul 18, 1995
Sold by
Reisman Vivian Imber and Reisman Max
Bought by
Clark James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,850
Interest Rate
7.43%

Purchase Details

Closed on
May 11, 1994
Sold by
Goldfeld Bernadene Rand and Goldfeld Hyman
Bought by
Goldfeld Hyman

Purchase Details

Closed on
Aug 5, 1993
Sold by
Goldfeld Bernadene Rand
Bought by
Goldfeld Hyman
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
Wpb Investments 1 Llc $51,250,000 None Listed On Document
Gochman David E -- Attorney
200 South Ocean Blvd 2014 Llc -- Attorney
Gochman David $15,384,578 Attorney
Reveley Robert J $1,000,000 Attorney
Reveley Robert J -- --
Brown Harvey L $195,000 --
Heberlein Julie A $2,080,000 --
National N A $1,800,100 --
First Union National Bank $451,000 --
Shapiro Herbert L $100 --
Goldfeld Hyman $100 --
Clark James $163,000 --
Goldfeld Hyman -- --
Goldfeld Hyman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reveley Robert J $2,000,000
Previous Owner Goldfeld Hyman $175,500
Previous Owner Goldfeld Hyman $700,000
Previous Owner Clark James $154,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2025 01/28/25 Rented $120,000 -29.4% --
08/22/2024 08/22/24 For Rent $170,000 0.0% --
05/08/2024 05/08/24 Sold $51,250,000 -13.1% $8,807 / Sq Ft View Prior Sale
04/29/2024 04/29/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $59,000,000 +283.5% $10,139 / Sq Ft
05/15/2014 05/15/14 Sold $15,384,579 0.0% $2,186 / Sq Ft View Prior Sale
04/23/2014 04/23/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $15,384,579 -- $2,186 / 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 $277,600 $18,551,639 -- --
2023 $271,923 $18,011,300 $0 $0
2022 $272,458 $17,486,699 $0 $0
2021 $277,133 $16,977,378 $0 $0
2020 $277,787 $16,742,976 $14,034,000 $2,708,976
2019 $309,963 $18,305,782 $0 $0
2018 $238,596 $15,269,607 $15,269,607 $0
2017 $214,030 $12,724,673 $12,724,673 $0
2016 $216,399 $12,581,263 $0 $0
2015 $225,393 $12,581,263 $0 $0
2014 $69,349 $3,841,981 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1200

APN: 50-43-43-22-06-000-2230