8 months on rocket

1048 S Ocean Blvd, Palm Beach, FL, 33480

$23,950,000

5 Bedrooms
7 Full Baths, 2 Partial
6,676 SqFt
$3,587/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDrive - Circular, Garage - Attached
Attached Garage2 spaces
Year Built1952
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
ViewOcean, Pool
Private PoolYes
MLS #RX-10981591
StatusActive

About 1048 S Ocean Blvd

Beautiful John Volk Regency home with ocean views and beach access. Just three streets North of Mar-a-Lago in the Estate Section, this five bedroom, six full and two half bathroom home is ideal for entertaining. A 40 x 20 foot pool and two upstairs balconies with direct ocean views. Just steps away from a private beach access across the road from the house's front door.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 2
  • Living Area: 6,676 SqFt

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Elizabeth DeWoody

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Marble
  • Interior: Bar, Elevator, Entry Lvl Lvng Area, Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 7
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Ocean Front
  • View: Ocean, Pool
  • Exterior: Covered Patio, Open Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Drive - Circular, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 1048 S Ocean Blvd
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of South Ocean Blvd and Algoma rd. Front entrance on S Ocean Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $23,950,000
  • Price Per SqFt: $3,587/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $75,458
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$795

Avg. Days On Market

119

# of Sold Homes

16

1048 S Ocean Blvd vs Palm Beach

240 DAYS ON ROCKET

+121 Days

$23,950,000

+$22.6M More

$3,587/SqFt

+$2.7K More

KEY TAKEAWAY

This property is $22.6M more than the Median Sold Price and $2.7K/SqFt more than other homes in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10981591

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Elizabeth DeWoody

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$75,458$4,712,505
2019$69,996$3,978,704
2018$61,710$3,617,004
2017$55,676$3,288,185

History based on county public records data.

Payment Calculator

$119.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$71.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-961437
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 1.69 miles

  • Public District Grades PK-5

school-card-donut-961438
8
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 1.94 miles

  • Public Magnet Grades KG-5

school-card-donut-961439
5
/10
  • Palmetto Elementary School

  • 5801 Parker Ave

  • 2.03 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $332,054. The majority of Palm Beach, FL residents have income $200k+ annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1048 S Ocean Blvd

What is the listing price of this property?

The listing price of 1048 S Ocean Blvd property is $23,950,000.

What type of property is this?

The property 1048 S Ocean Blvd is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 1048 S Ocean Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $75,458 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1048 S Ocean Blvd has 5 bedrooms and 7 full and 2 half bathrooms.

What is the square footage of this property?

The property 1048 S Ocean Blvd is 6,676 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1048 S Ocean Blvd is 1952.
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Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›1048 S Ocean Blvd

This home is located at 1048 S Ocean Blvd in Palm Beach, FL and zip code 33480 in the Mid-Town neighborhood. This 6,676 square foot home was built in 1952. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $23,950,000.

In November 2024 more than 1 listings in Palm Beach, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 15 were sold below. The number of homes for sale in Palm Beach, FL increased by 21.2% between October 2024 and November 2024. Listings spent 119 days on the market in November 2024, and had a median list price of $1,275,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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