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1171 N Ocean Way, Palm Beach, FL 33480

$7,075,000

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https://www.propertypanorama.com/1171-N-Ocean-Way-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,463 Status: Closed

Current Price: $7,075,000 List Date: 1/21/2022 Last Modified: 1/10/2026

Description

Located just one lot away from the ocean in Palm Beach, this 1,463 sq. ft. 3-bedroom, 2-bathroom single family home is a quintessential north-end beach cottage on a prime street. With direct beach and lake trail access, you can hear the ocean from the house and enjoy the South Florida beach lifestyle just steps away from the property. This home has been owned by the same family for approximately 70 years and offers a quaint space for new homeowners to enjoy, renovate, or build new on the 85' x 115' site.

More Information MLS# R10771477

Contract Information

Comp Sale YN: No Listing Date: 2022-01-21 Status: Closed Original List Price: 6950000 Sold Price: $7,075,000 Current Price: $7,075,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Special Assessment YN: No Street Number: 1171 Street Direction Prefix: N Street Name: Ocean Street Suffix: Way State Or Province: FL Postal Code: 33480 Subdivision Name: EL ENCANTO REPL IN Area: 5001 Parcel Number: 50434303100000050 Zoning: RES Directions: Head North on County Rd which becomes Ocean Way, Make Left onto La Puerta, Left onto Ocean Way to 1171 N Ocean Way on the left.

General Property Information

Living Area Main: 1375 Lot Size Dimensions: 85 X 115 Gated Community YN: No Senior Community YN: No Furnished: Unfurnished Stories Total: 1 Stories: 1 Pool Private YN: No Property Sub Type: Single Family Residence Bedrooms Total: 3 Bathrooms Total: 2 Bathrooms Full: 2 Building Area Main: 1463 Building Area Source: Public Records Year Built: 1936 Direction Faces: West

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 19976 Tax Year: 2021 Tax Legal Description: REPLAT OF EL ENCANTO LT 5

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2022-04-21T22:38:07Z Major Change Type: Status Change Status Change Date: 2022-04-21 Under Contract Date: 2022-01-31 Close Date: 2022-04-20 Close Price: 7075000

Amenities

Beach Access: 1 Jogging Path: 1

Entry Information

Entry Location: Entry Level Living Area Y

Flooring

Carpet: 1 Wood: 1 Other: 1

Parking Features

Circular Driveway: 1 Open: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1 Negotiable: 1

Special Information

Sold As-Is: 1

Utilities

Water Available: 1

View

Garden: 1

Heating

Central: 1

Unit Description

Corner/End Unit: 1

Water Access

None: 1

Appliances

Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1

Listing Terms

Cash: 1

Lot Features

Corner Lot: 1 Room for Pool: 1

Roof

Composition: 1 Shingle: 1

Security Features

None: 1

Water Source

Public: 1

Architectural Style

Ranch: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1

Main Level Rooms

Main Level Bathrooms: 2 Main Level Bedrooms: 3

Master Bedroom/Bath

Combo Tub/Shower: 1

Pets Allowed YN

Yes: 1

Restrictions

Other Restrictions: 1

Storm Protection Details

None: 1

Tax Information

Homestead Exemption: 1

Showing Details

Pet(s) on Premises: No

Contingencies

None: 1

Room Types

Kitchen: 1 Kitchen Level: Main Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Main

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 5145.45 Original List Price To Close Price: 0.98

Originating Details

Originating System Key: 20220121160304579616000000 Originating System ID: M00000170

Property Features

Flooring: Carpet; Wood; Other Parking Features: Circular Driveway; Open Property Condition: Resale Appliances: Refrigerator; Washer Architectural Style: Ranch Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash Lot Features: Corner Lot; Room for Pool Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: Other Restrictions Roof: Composition; Shingle Security Features: None Special Information: Sold As-Is Storm Protection Details: None Tax Information: Homestead Exemption Unit Description: Corner/End Unit Utilities: Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Contingencies: None Room Types: Kitchen; Living Room; Master Bedroom

Room Information

Living Room Length: 17.00 Length: 17.00 Width: 15.00 Width: 15.00 Level: Main Kitchen Length: 12.00 Length: 12.00 Width: 8.00 Width: 8.00 Level: Main Master Bedroom Length: 15.00 Length: 15.00 Width: 12.00 Width: 12.00 Level: Main

Listing Office: Compass Florida LLC

Last Updated: January - 10 - 2026

1171 N Ocean Way, Palm Beach, FL 33480- MLS# R10771477

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