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1198 N Ocean Way, Palm Beach, FL 33480

$11,825,000

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https://www.propertypanorama.com/1198-N-Ocean-Way-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 3 Baths: 3.1 Square Footage: 2,471 Status: Closed

Current Price: $11,825,000 Last Modified: 5/29/2025

Description

Rare opportunity to come to market! Located on a pristine corner lot, 1198 N Ocean Blvd is a Bermuda Style home with 3 bedrooms and a den / 3 bathrooms only three properties from the ocean on the North End of the Island. Perfect for entertaining in every way including a gorgeous pool area with outdoor dining space and spacious living room with a fireplace. This property has privileges at the best oceanfront cabana on the entire island that has access only from its streets residents.

More Information MLS# RX-10770539

Contract Information

Auction: No List Price/SqFt: 4815.86 Listing Date: 2022-01-13 Status: Closed Original List Price: 11900000 Sold Price: $11,825,000 Current Price: $11,825,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 3 Main Level Bathrooms: 3 Property Condition: Resale SqFt - Total: 3281 Waterfront: No SqFt Source: Floor Plan Gated Community: No Covered Spaces: 2 Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: No Front Exp: East Association Deposit: No Directions: North on N County Rd, West on Mockingbird Trail, North on N Ocean Way Membership Fee Required: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 3 Baths - Full: 3 Baths - Half: 1 Baths - Total: 3.1 Year Built: 1951 SqFt - Living: 2471 Garage Spaces: 2 Subdivision: Wells Road & North Legal Desc: MOCKING BIRD TRAIL TRACT LT 17 (LESS W 2.25 FT) & UND INT IN PT OF LTS 19A, 20A & UNMBRD TR AS IN DB863P260 K/A PRIV BCH Total Floors/Stories: 1

Location, Tax & Legal

Geo Area: PB30 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2021 Zoning: R-B Short Sale A/U: N/A Short Sale Addendum: No Taxes: 21499 Special Assessment: No REO: No Area: 5001 County: Palm Beach Parcel ID: 50434303090000171 Street #: 1198 Street Dir: N Street Name: Ocean Street Suffix: Way Zip Code: 33480 Geo Lat: 26.757027 Geo Lon: -80.03788

Office/Member Info

DXORIGMLNO: RX-10770539 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Conventional Sold Price/SqFt: 4785.51 Under Contract Date: 2022-03-08 Sold Date: 2022-06-30 Sold Price: $11,825,000

Design

Other Arch: 1

Unit Desc

Corner: 1

Construction

CBS: 1

Master Bedroom/Bath

Mstr Bdrm - Ground: 1

Rooms

Den/Office: 1 Laundry-Inside: 1

Waterfront Details

None: 1

Lot Description

1/4 to 1/2 Acre: 1

Equip/Appl Included

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Range - Gas: 1 Refrigerator: 1 Washer: 1

Private Pool Description

Heated: 1

Cooling

Central: 1

Heating

Central: 1

Exterior Features

Covered Patio: 1

Furnished

Unfurnished: 1

Interior Features

Fireplace(s): 1

Flooring

Marble: 1 Wood Floor: 1

Porch/Patio/Balcony

Patio: 1 Porch: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Parking

Garage - Attached: 1

Restrict

None: 1

Roof

Concrete Tile: 1

Subdiv. Amenities

None: 1

Terms Considered

Cash: 1 Conventional: 1

Showing Instructions

Text Listing Agent: 1

Storm Protection

Impact Glass: Complete

Dining Area

Formal: 1

Taxes

Homestead: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Design: Other Arch Unit Desc: Corner Construction: CBS Waterfront Details: None Private Pool Description: Heated Lot Description: 1/4 to 1/2 Acre Exterior Features: Covered Patio Interior Features: Fireplace(s) Furnished: Unfurnished Rooms: Den/Office; Laundry-Inside Parking: Garage - Attached Restrict: None Flooring: Marble; Wood Floor Heating: Central Cooling: Central Dining Area: Formal Roof: Concrete Tile Terms Considered: Cash; Conventional Utilities: Electric; Public Sewer; Public Water Taxes: Homestead Showing Instructions: Text Listing Agent Contingencies: None

Room Information

Living Room Length: 25.80 Width: 15.00 Length: 25.80 Level: Main Width: 15.00 Kitchen Length: 21.00 Width: 9.00 Length: 21.00 Level: Main Width: 9.00 Master Bedroom Length: 15.80 Width: 15.40 Length: 15.80 Level: Main Width: 15.40

Documents

Floorplan ›

Listing Office: Douglas Elliman

Last Updated: May - 29 - 2025

1198 N Ocean Way, Palm Beach, FL 33480- MLS# RX-10770539

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