$26,670,750
SOLD APR 14, 2025
6 Beds
8 Baths
5,410 Sq Ft
0.45 Acres

Recently Sold

$4,930 Per Sq Ft

30% Below List Price

140 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Private Pool
  • High Ceiling

About This Home

As of April 2025

There are only 23 ocean front single family homes ''in town'' on the Island of Palm Beach. There is only ONE available for purchase. Welcome home! 240 North Ocean Blvd is a spectacular oceanfront estate available on the island of Palm Beach in an A+ center of town location. This rare find is one of a few properties with a deeded private beach parcel directly on the sand. Spanning 100 feet, the private beach parcel offers exclusive access to the pristine sands and Atlantic Ocean sapphire blue water. The home's elegant floor plan is designed around the stunning views, with communal areas overlooking the pool and ocean. Two primary suites face the ocean, while two guest suites share a sun deck to the West.

Last Agent to Sell the Property

Elizabeth DeWoody

Compass Florida LLC (PB) License #3293657 Listed on: 11/06/2024

Compass Florida LLC (PB)

Co-Listed By

Jack Rooney II

Douglas Elliman License #3553162

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,140

Year Built

  • Built in 1992

Lot Details

  • 0.45 Acre Lot
  • 100 Feet of Waterfront
  • Ocean Front
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 5,410 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Tile Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Proximity Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314090000190

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,140

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Head North on County Rd and then East on Atlantic Ave.
  • Year Built: 1992
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 5410.0
  • Dining Room Type: Den, Family Room, Florida Room, Laundry
  • Stories: 2
  • Window Features: Casement Window(s)

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Ocean
  • Road Frontage Type: Waterfront
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete
  • FrontageLengthRemarks: 100

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

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314090000190
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 19576.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 93140.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2018
Sold by
Cloutier George A and Cloutier Tiffany Dawn
Bought by
Cloutier George A and Cloutier Tiffany Dawn
Current Estimated Value
$17,124,035

Purchase Details

Closed on
Apr 28, 2003
Sold by
1428554 Ontario Inc
Bought by
Cloutier George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.37%

Purchase Details

Closed on
Sep 6, 2000
Sold by
Dienhart Edwawrd L and Dienhart Marion
Bought by
1428554 Ontario Inc

Purchase Details

Closed on
Oct 9, 1997
Sold by
Brummermann Hans
Bought by
Dienhart Ewald J
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $5,400,000 Southeast Guaranty & Title I
Warranty Deed $4,700,000 --
Quit Claim Deed $950,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,315,000 New Conventional
Closed $1,500,000 Credit Line Revolving
Closed $7,100,000 Adjustable Rate Mortgage/ARM
Closed $4,000,000 Credit Line Revolving
Closed $4,000,000 Unknown
Closed $1,900,000 Credit Line Revolving
Closed $3,061,000 Fannie Mae Freddie Mac
Closed $500,000 Credit Line Revolving
Closed $3,000,000 No Value Available
Previous Owner $10,000,000 Stand Alone Second
Previous Owner $1,880,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $26,670,750 -22.7% $4,930 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
01/21/2025 01/21/25 Price Changed $34,500,000 -9.2% $6,377 / Sq Ft
11/06/2024 11/06/24 For Sale $38,000,000 -- $7,024 / 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 $47,802 $6,376,265 -- --
2023 $93,140 $6,190,549 $0 $0
2022 $93,382 $6,010,242 $0 $0
2021 $94,968 $5,835,186 $0 $0
2020 $95,183 $5,754,621 $0 $0
2019 $95,007 $5,625,240 $0 $0
2018 $90,239 $5,520,353 $0 $0
2017 $90,302 $5,406,810 $0 $0
2016 $90,572 $5,295,602 $0 $0
2015 $93,673 $5,258,790 $0 $0
2014 $94,126 $5,217,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11034592

BeachesMLS

APN: 50-43-43-14-09-000-0190