NOT LISTED FOR SALE

Palm Beach, FL 33480

Estimated Value: $3,632,000 - $67,888,336

8 Beds
19 Baths
20,219 Sq Ft
$1,769/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $43,000,000 $2,127 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $243,429/month

523 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • High Ceiling

About This Home

As of August 2019

Located on prestigious South Ocean Blvd, the property sits on 2 1/4 +/- acres with 274 +/- feet on the Atlantic Ocean and Lake Worth.Eight Bedrooms, 11 full baths and 8 half baths are provided in the main house and guset house.

Last Agent to Sell the Property

Cris Condon

Sotheby's Intl. Realty, Inc. License #392210 Listed on: 03/14/2018

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Guadalupe D'Angostino

Miami Open Realty, LLC License #3032513

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $609,750

Year Built

  • Built in 2003

Lot Details

  • 2.79 Acre Lot
  • Ocean Front
  • Lake Front
  • East Facing Home

Parking

  • 6 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 20,219 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Private Pool

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50434411030001080

Community Details

Overview

  • No Home Owners Association
  • Palm Beach Estates Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$609,750

Year Built

Built in 2003

Lot Details

2.79 Acres

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SOUTHERN BRIDGE AND GO RIGHT ONTO SOUTH OCEAN BLVD.
  • Year Built: 2003
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Bathtub, Central Vacuum, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Jetted Tub, Pantry, Sitting Area in Primary, Storage, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 11
  • Half Bathrooms: 8
  • Total Bedrooms: 8
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Marble, Other, Parquet, Wood
  • Living Area: 20219.0
  • Stories: 3

Exterior Features

  • Lot Features: 2-3 Acres
  • Pool Features: In Ground, Association
  • Pool Private: Yes
  • Waterfront Features: Lake Front, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Pool
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434411030001080
  • Lot Size Acres: 2.79
  • Lot Size: 295.0 ft x 360.0 ft
  • Lot Size Sq Ft: 121532.4
  • Mobile Dim Units: Feet
  • Zoning: R-AA(c

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 609750.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2019
Sold by
Wynn Stephen A
Bought by
Wynn Stephen A and The Stephen A Wynn Florida Rev
Current Estimated Value
$36,432,964

Purchase Details

Listed on
Mar 14, 2018
Closed on
Aug 19, 2019
Sold by
1960 South Ocean Blvd Llc
Bought by
1960 Llc
Seller's Agent
Cris Condon
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Guadalupe D'Angostino
Miami Open Realty, LLC
List Price
$59,000,000
Sold Price
$43,000,000
Premium/Discount to List
-$16,000,000
-27.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.77%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Pattswan Llc
Bought by
1960 South Ocean Blvd Ltd

Purchase Details

Closed on
Sep 13, 1999
Sold by
Granlund Joan E
Bought by
Pattswan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
7.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1997
Sold by
Koch William I
Bought by
Granlund Joan E
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Wynn Stephen A -- Attorney
Wynn Stephen A -- Attorney
1960 Llc $43,000,000 Attorney
1960 South Ocean Blvd Ltd $33,600,000 --
Pattswan Llc $5,800,000 --
Granlund Joan E $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granlund Joan E $9,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2019 08/20/19 Sold $43,000,000 -27.1% $2,127 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
03/14/2018 03/14/18 For Sale $59,000,000 -- $2,918 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $671,164 $46,228,422 -- --
2024 $671,164 $44,925,580 -- --
2023 $615,138 $40,790,058 $0 $0
2022 $616,384 $39,601,998 $0 $0
2021 $626,673 $38,435,458 $0 $0
2020 $627,774 $37,889,998 $26,100,000 $11,789,998
2019 $729,887 $43,125,719 $30,000,000 $13,125,719
2018 $663,892 $41,234,694 $29,846,652 $11,388,042
2017 $609,750 $36,401,199 $24,872,210 $11,528,989
2016 $594,072 $33,483,937 $0 $0
2015 $587,499 $30,439,943 $0 $0
2014 $533,699 $27,672,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cris Condon

    Sotheby's Intl. Realty, Inc.

    (561) 301-2211

    6 Total Sales

    Cris Condon
    Section Image

  • G

    Buyer's Agent in 2019

    Guadalupe D'Angostino

    Miami Open Realty, LLC

    (786) 302-9125

    10 Total Sales

    Guadalupe D'Angostino
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10413968

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-44-11-03-000-1080

Florida Palm Beach County Palm Beach

33480

Not Listed for Sale

Detached

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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