NOT LISTED FOR SALE

466 S Ocean Blvd Palm Beach, FL 33480

Estimated Value: $5,827,000 - $31,196,790

5 Beds
7.5 Baths
8,319 Sq Ft
$2,225/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $26,663,000 $3,205 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $139,219/month

37 Days on Market

Highlights

  • 52 Feet of Waterfront
  • Ocean View
  • Vaulted Ceiling
  • Palm Beach Public School Rated A-
  • Heated Pool
  • Marble Flooring

About This Home

As of January 2023

New OCEANFRONT home located just steps from Worth avenue and the Colony Hotel. Spanning over 10,000 total square feet, this move-in ready residence boasts 5 bedrooms and 7.1 bathrooms. The main floor features an oceanfront living room & study, a large dining room, a chef's kitchen with Wolf & Sub-Zero appliances, a spacious family room that flows onto a private pool and patio, a guest suite and a 2-car garage. Upstairs you will find 3 guest suites in addition to the oceanfront primary suite which features a private sitting room, dual bathrooms and large walk-in closets. The lower level is designed for entertaining and includes a bar with wine storage, a spacious media room, a gym and large utility room.

Last Agent to Sell the Property

Chris Leavitt

Douglas Elliman License #3232586 Listed on: 11/30/2022

Douglas Elliman

Last Buyer's Agent

KEVIN CONDON

Sotheby's Intl. Realty, Inc. License #3403343

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $303,042

Year Built

  • Built in 2021

Lot Details

  • 52 Feet of Waterfront
  • Ocean Front
  • Property is zoned R-C(ci

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 8,319 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Ocean Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Heated Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • Villa Marine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434326010020031

Home Details

Home Type

Single Family

Est. Annual Taxes

$303,042

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 466 S. Ocean Blvd, Palm Beach FL 33480
  • Year Built: 2021
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Gas Range, Ice Maker, Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Living Area: 8319.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • View: Ocean
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434326010020031
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 303042.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 11, 2023
Sold by
Hudson Steven
Bought by
421 Willoughby Investors Llc
Seller's Agent
Chris Leavitt
Douglas Elliman
Buyer's Agent
KEVIN CONDON
Sotheby's Intl. Realty, Inc.
List Price
$29,750,000
Sold Price
$26,663,000
Premium/Discount to List
-$3,087,000
-10.38%
Views
77
Current Estimated Value
$20,036,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,626,877
Avg. Annual Appreciation
-13.01%

Purchase Details

Listed on
Mar 29, 2022
Closed on
Jun 23, 2022
Sold by
456 South Ocean Llc
Bought by
Hudson Steven
Seller's Agent
Suzanne Frisbie
The Corcoran Group
Buyer's Agent
Chris Leavitt
Douglas Elliman
List Price
$29,750,000
Sold Price
$25,580,000
Premium/Discount to List
-$4,170,000
-14.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$10,000,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
421 Willoughby Investors Llc $26,663,000 First American Title
Hudson Steven $25,580,000 Kochman & Ziska Plc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudson Steven $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $26,663,000 -10.4% $3,205 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
11/30/2022 11/30/22 For Sale $29,750,000 +16.3% $3,576 / Sq Ft
06/23/2022 06/23/22 Sold $25,580,000 -14.0% $2,905 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $29,750,000 -- $3,379 / 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 $354,211 $23,784,116 -- --
2023 $367,174 $24,425,199 $15,934,445 $8,490,754
2022 $303,042 $15,500,095 $0 $0
2021 $102,753 $9,000,000 $9,000,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Leavitt

    Seller's Agent in 2023

    Chris Leavitt

    Douglas Elliman

    (616) 414-2810

    218 Total Sales

    Section Image

  • K

    Buyer's Agent in 2023

    KEVIN CONDON

    Sotheby's Intl. Realty, Inc.

    (646) 457-8919

    19 Total Sales

    Section Image

  • S

    Seller's Agent in 2022

    Suzanne Frisbie

    The Corcoran Group

    (215) 353-8636

    107 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10849010

BeachesMLS

APN: 50-43-43-26-01-002-0031

Florida Palm Beach County Palm Beach 33480

466 S Ocean Blvd, Palm Beach, FL

This home is located at 466 S Ocean Blvd, Palm Beach, FL 33480 since 30 November 2022 and is currently estimated at $18,511,895, approximately $2,225 per square foot. This property was built in 2021. 466 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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