$8,694,911
SOLD AUG 1, 2013

516 S Ocean Blvd Palm Beach, FL 33480

0.5 Acre
$17,389,822 Price per Acre
21,780 Sq Ft Lot

Recently Sold

12% Below List Price

159 Days on Market

About This Lot

As of April 2025

Spectacular Oceanfront Estate Section property. Over 1/2 acre for buidling your dream home.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 01/23/2013

Last Buyer's Agent

JIM McCANN

Premier Estate Properties, Inc License #397290

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $102,732

Lot Details

  • 0.5 Acre Lot
  • Beach Front
  • East Facing Home
  • Site Plan Filed
  • Property is zoned Ra

Community Details

  • Singers Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434326030000040

Property Details

Property Type

Land

Est. Annual Taxes

$102,732

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Ocean to property
  • Special Features: None

Exterior Features

  • Lot Features: Beach Front
  • Waterfront: Yes
  • Direction Faces: East

Lot Info

  • Parcel #: 50434326030000040
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.5
  • Lot Size: 100
  • Number Of Lots: 1
  • Zoning Description: Ra

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 102732.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Jun 12, 2020
Sold by
Sinclair Christopher A and Sinclair Margaret D
Bought by
Rabideau Guy and The 516S0b Trust
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
JAMES MCCANN
THE CORCORAN GROUP
List Price
$24,244,175
Sold Price
$24,244,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.52%

Purchase Details

Listed on
Jan 23, 2013
Closed on
Aug 1, 2013
Sold by
516 South Ocean Boulevard Llc
Bought by
Sinclair Christopher A and Sinclair Margaret D
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$9,900,000
Sold Price
$8,694,912
Premium/Discount to List
-$1,205,088
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%

Purchase Details

Closed on
Aug 4, 2011
Sold by
516 Ocean Blvd Llc
Bought by
516 South Ocean Boulevard Llc

Purchase Details

Closed on
Apr 15, 2010
Sold by
Feldman Robert M and Feldman Amy
Bought by
516 Ocean Blvd Llc

Purchase Details

Closed on
Sep 30, 2008
Sold by
516 South Ocean Holdings Inc
Bought by
Feldman Robert M and Feldman Amy

Purchase Details

Closed on
Dec 1, 2005
Sold by
South Ocean Drive Llc
Bought by
516 South Ocean Holdings Inc

Purchase Details

Closed on
Sep 30, 2005
Sold by
South Ocean Drive Llc
Bought by
516 South Ocean Holdings Inc

Purchase Details

Closed on
Dec 21, 2004
Sold by
Perillo Joseph and Pfister Suzanne
Bought by
South Ocean Drive Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warranty Deed $24,244,175 Attorney
Warranty Deed $8,694,911 Attorney
Warranty Deed $6,200,000 Attorney
Warranty Deed -- None Available
Warranty Deed $10,400,000 None Available
Special Warranty Deed -- --
Warranty Deed $8,050,000 --
Deed $6,250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $14,025,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $51,420,000 -10.6% $5,168 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
03/06/2025 03/06/25 Price Changed $57,500,000 -4.2% $5,779 / Sq Ft
12/12/2024 12/12/24 For Sale $60,000,000 +147.5% $6,031 / Sq Ft
06/12/2020 06/12/20 Sold $24,244,175 0.0% $2,878 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $24,244,175 +178.8% $2,878 / Sq Ft
08/01/2013 08/01/13 Sold $8,694,912 0.0% --
08/01/2013 08/01/13 Sold $8,694,912 -12.2% --
07/02/2013 07/02/13 Pending -- -- --
05/07/2013 05/07/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $9,900,000 +13.9% --
10/11/2012 10/11/12 For Sale $8,694,912 -- --
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 $436,545 $25,922,917 -- --
2023 $422,527 $23,566,288 $0 $0
2022 $393,538 $21,423,898 $0 $0
2021 $317,312 $19,476,271 $12,400,000 $7,076,271
2020 $211,813 $12,803,156 $8,700,000 $4,103,156
2019 $223,173 $13,212,025 $0 $0
2018 $211,950 $12,965,677 $0 $0
2017 $212,133 $12,698,998 $8,314,166 $4,384,832
2016 $215,735 $12,582,409 $0 $0
2015 $142,341 $7,796,745 $0 $0
2014 $128,617 $7,087,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Koch

    Seller's Agent in 2025

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    232 Total Sales

    Dana Koch
    Section Image

  • L

    Buyer's Agent in 2025

    Lawrence A Moens

    Lawrence A. Moens Associates

    (561) 655-5510

    123 Total Sales

    Lawrence A Moens
    Section Image

  • J

    Seller's Agent in 2020

    JIM McCANN

    Premier Estate Properties, Inc. - Palm Beach

    (561) 307-1525

    78 Total Sales

    JIM McCANN
    Section Image

  • J

    Buyer's Agent in 2020

    JAMES MCCANN

    THE CORCORAN GROUP

  • Christian Angle

    Seller's Agent in 2013

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    222 Total Sales

    Christian Angle
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3340091

BeachesMLS

APN: 50-43-43-26-03-000-0040

Florida Palm Beach County Palm Beach 33480

516 S Ocean Blvd, Palm Beach, FL

This home is located at 516 S Ocean Blvd, Palm Beach, FL 33480 and is currently priced at $8,694,911. 516 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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