NOT LISTED FOR SALE

930 S Ocean Blvd Palm Beach, FL 33480

Estimated Value: $4,619,000 - $44,443,542

5 Beds
6 Baths
7,265 Sq Ft
$3,377/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $41,382,500 $5,696 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $163,101/month

75 Days on Market

Highlights

  • Ocean Front
  • Guest House
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Gas Heated Pool
  • Mediterranean Architecture

About This Home

As of May 2023

Beautiful interior renovations are now complete at on of this island's greatest landmark residence. This is a wonderful coral estate with a sophistication, charm and elegance from another era. Four family bedrooms in the main house, one bedroom with living room in separate pool/guesthouse. Stunning ocean views, underground wine cellar and deeded beach rights.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 02/08/2023

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 02/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $236,765

Year Built

  • Built in 1927

Lot Details

  • Ocean Front
  • Home has sun exposure from multiple directions
  • Property is zoned RA

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Tile

Interior Spaces

  • 7,265 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Fireplace
  • Dining Room
  • Library
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Guest House
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434335000010290

Home Details

Home Type

Single Family

Est. Annual Taxes

$236,765

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 140
  • Subdivision Name: N/A
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 1927
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 236765.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 7265.0
  • 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
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 140
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Waterfront:Ocean-Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Oven-Double, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Elevator, Fireplace, Wndw Trmnts Included
  • Living Area: 7265.0
  • Window Features: Impact Glass
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes
  • Construction Type: Hollow Tile
  • Exterior Features: Balcony, Ocean Access-Deeded, Guesthouse/Cottage
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Construction:Hollow Tile: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Air Conditioned
  • Garage: Yes
  • Garage:_two_ Car: Yes
  • Garage:Air Conditioned: 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
  • Parcel #: 50434335000010290
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 236765.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
May 30, 2023
Sold by
Tcm1 Llc
Bought by
930 S Ocean Trust and Ziska
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$47,950,000
Sold Price
$41,382,500
Premium/Discount to List
-$6,567,500
-13.7%
Views
207
Current Estimated Value
$24,531,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,851,229
Avg. Annual Appreciation
-19.99%

Purchase Details

Closed on
Jan 25, 2023
Sold by
M & M Palm Beach Property Investors Llc
Bought by
Tcm1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,999,999
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2021
Sold by
1111 Partners Llc
Bought by
M & M Palm Beach Property Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2011
Sold by
Steve & Linda Horn Inc
Bought by
1111 Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2005
Sold by
930 South Ocean Boulevard Inc
Bought by
Steve & Linda Horn Inc
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
930 S Ocean Trust $41,382,500 None Listed On Document
Tcm1 Llc $36,850,000 --
M & M Palm Beach Property Investors Llc $17,880,000 Attorney
1111 Partners Llc $11,500,000 Attorney
Steve & Linda Horn Inc $9,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tcm1 Llc $24,999,999
Previous Owner M & M Palm Beach Property Investors Llc $14,000,000
Previous Owner 1111 Partners Llc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $41,382,500 -13.7% $5,696 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $47,950,000 -- $6,600 / 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 $396,487 $26,599,408 -- --
2023 $319,351 $16,746,673 $0 $0
2022 $236,766 $15,224,248 $0 $0
2021 $126,792 $7,796,569 $0 $0
2020 $127,087 $7,688,924 $0 $0
2019 $126,857 $7,516,055 $0 $0
2018 $120,479 $7,375,913 $0 $0
2017 $120,574 $7,224,205 $0 $0
2016 $121,188 $7,075,617 $0 $0
2015 $125,341 $7,026,432 $0 $0
2014 $125,947 $6,970,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-271

APN: 50-43-43-35-00-001-0290