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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: 1,375 Status: Closed

Current Price: $7,075,000 Last Modified: 3/12/2025

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# RX-10771477

Contract Information

Auction: No List Price/SqFt: 5054.54 Listing Date: 2022-01-21 Status: Closed Original List Price: 6950000 Sold Price: $7,075,000 Current Price: $7,075,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 3 Main Level Bathrooms: 2 Property Condition: Resale Lot Dimensions: 85 X 115 SqFt - Total: 1463 Waterfront: No SqFt Source: Tax Rolls Guest House: No Gated Community: No Covered Spaces: 0 Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: No Front Exp: West Association Deposit: No 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. Membership Fee Required: No Private Pool: No Type: Single Family Detached Total Bedrooms: 3 Baths - Full: 2 Baths - Total: 2 Year Built: 1936 SqFt - Living: 1375 Subdivision: EL ENCANTO REPL IN Legal Desc: REPLAT OF EL ENCANTO LT 5 Total Floors/Stories: 1

Location, Tax & Legal

Geo Area: PB30 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2021 Zoning: RES Short Sale A/U: N/A Short Sale Addendum: No Taxes: 19976 Special Assessment: No REO: No Area: 5001 County: Palm Beach Parcel ID: 50434303100000050 Street #: 1171 Street Dir: N Street Name: Ocean Street Suffix: Way Zip Code: 33480 Geo Lat: 26.755115 Geo Lon: -80.037338

Office/Member Info

DXORIGMLNO: RX-10771477 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 5145.45 Under Contract Date: 2022-01-31 Sold Date: 2022-04-20 Sold Price: $7,075,000

Design

Ranch: 1

Unit Desc

Corner: 1

Construction

CBS: 1

Master Bedroom/Bath

Combo Tub/Shower: 1

View

Garden: 1

Rooms

None: 1

Waterfront Details

None: 1

Lot Description

Corner Lot: 1

Special Info

Sold As-Is: 1

Equip/Appl Included

Refrigerator: 1 Washer: 1

Cooling

Central: 1

Heating

Central: 1

Exterior Features

Room for Pool: 1

Furnished

Unfurnished: 1

Interior Features

Entry Lvl Lvng Area: 1

Flooring

Carpet: 1 Wood Floor: 1 Other: 1

Utilities

Public Water: 1

Parking

2+ Spaces: 1 Drive - Circular: 1 Open: 1

Restrict

Other: 1

Security

None: 1

Roof

Comp Shingle: 1

Subdiv. Amenities

Beach Access by Easement: 1 Bike - Jog: 1

Terms Considered

Cash: 1

Possession

At Closing: 1 Funding: 1

Storm Protection

None: 1

Taxes

Homestead: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Design: Ranch Unit Desc: Corner Construction: CBS View: Garden Waterfront Details: None Lot Description: Corner Lot Exterior Features: Room for Pool Interior Features: Entry Lvl Lvng Area Furnished: Unfurnished Rooms: None Parking: 2+ Spaces; Drive - Circular; Open Restrict: Other Security: None Flooring: Carpet; Wood Floor; Other Heating: Central Cooling: Central Roof: Comp Shingle Terms Considered: Cash Utilities: Public Water Storm Protection: None Special Info: Sold As-Is Taxes: Homestead Possession: At Closing; Funding Contingencies: None

Room Information

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

Listing Office: Compass Florida LLC

Last Updated: March - 12 - 2025

1171 N Ocean Way, Palm Beach, FL 33480- MLS# RX-10771477

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