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1519 N Ocean Way, Palm Beach, FL 33480

$48,500,000
Property Type: Residential Bedrooms: 10 Baths: 12 Square Footage: 12,928 Lot Size (sq. ft.): 78,844 Status: Closed
Current Price: $48,500,000 List Date: 2/15/2025 Last Modified: 1/10/2026

Description

Direct Oceanfront North End Dunes Estate. Situated on over 1.8 acres with expansive sand dunes leading to the widest and most private beach on the Island. This captivating European villa features a wrap-around covered lanai and balconies for a total of 12,928 square feet. Renovate or build new on this rare waterfront property.

More Information MLS# R11062795

Contract Information

Comp Sale YN: No Listing Contract Date: 2025-02-15 Status: Closed Original List Price: 54900000 Sold Price: $48,500,000 Current Price: $48,500,000

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 Country: United States Street Number: 1519 Street Direction Prefix: N Street Name: Ocean Street Suffix: Way State Or Province: FL Postal Code: 33480 Subdivision Name: BOCA RATONE COLET Area: 5001 Parcel Number: 50434234020000081 Zoning: Residential Directions: North on North Ocean Blvd to Mediterranean and right to North Ocean Way

General Property Information

Living Area Main: 9136 Gated Community YN: No Lot Size Area: 78974 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 10 Bathrooms Total: 12 Bathrooms Full: 11 Bathrooms Half: 1 Building Area Main: 12928 Building Area Source: Public Records Year Built: 1936 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Lot Size Acres: 1.81 Waterfront YN: 1 Direction Faces: West

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 376962 Tax Year: 2024 Tax Legal Description: BOCA RATONE CO INLET SUB LT 8 (LESS S 5 FT & TH PT IN OR6877P948)

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2025-05-14T18:56:51Z Major Change Type: Status Change Status Change Date: 2025-05-14 Under Contract Date: 2025-04-03 Close Date: 2025-05-14 Close Price: 48500000

Amenities

Street Lights: 1 None: 1

Dining Area

Formal Dining: 1

Electric

Three Phase: 1

Flooring

Wood: 1 Other: 1

Parking Features

Garage Door Opener: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

Heating

Central: 1

Water View

Ocean: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Refrigerator: 1 Washer: 1 Cooktop: 1

Construction Materials

CBS: 1

Interior Features

Cathedral Ceiling(s): 1 French Doors: 1 Kitchen Island: 1 Pantry: 1 Vaulted Ceiling(s): 1 Walk-In Closet(s): 1 Wet Bar: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

In Ground: 1

Roof

Barrel: 1

Water Source

Public: 1

Waterfront Features

Ocean Front: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Occupied: 1

Main Level Rooms

Main Level Bathrooms: 4 Main Level Bedrooms: 3

Master Bedroom/Bath

Dual Sinks: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection Details

None: 1

Tax Information

City/County: 1

Occupant Details

Tenant Occupied: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Patio: 1 Porch: 1

Balcony Details

Balcony - Covered: 1 Balcony - Wrap Around: 1

Patio Details

Patio - Covered: 1 Patio - Open: 1

Porch Details

Porch - Open: 1

Contingencies

None: 1

Room Types

Den: 1 Family Room: 1 Family Room Level: First Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Maid/In-Law Quarters: 1 Master Bedroom: 1 Master Bedroom Level: Second

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 5308.66 Original List Price To Close Price: 1.13

Acreage Description

1 To Less Than 2 Acre Lot: 1

Originating Details

Originating System Key: 20250214215758860119000000 Originating System ID: M00000170

Property Features

Dining Area: Formal Dining Electric: Three Phase Flooring: Wood; Other Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer; Cooktop Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Cathedral Ceiling(s); French Doors; Kitchen Island; Pantry; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Barrel Sewer: Public Sewer Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Appointment Only; Call Listing Agent; Occupied Occupant Details: Tenant Occupied Outdoor Living Spaces: Balcony; Patio; Porch Balcony Details: Balcony - Covered; Balcony - Wrap Around Patio Details: Patio - Covered; Patio - Open Porch Details: Porch - Open Contingencies: None Room Types: Den; Family Room; Kitchen; Living Room; Maid/In-Law Quarters; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Room Information

Living Room Length: 53.00 Length: 53.00 Width: 27.00 Width: 27.00 Level: First Kitchen Length: 17.00 Length: 17.00 Width: 17.00 Width: 17.00 Level: First Master Bedroom Length: 27.00 Length: 27.00 Width: 17.00 Width: 17.00 Level: Second Family Room Length: 21.00 Length: 21.00 Width: 17.00 Width: 17.00 Level: First Maid/In-Law Quarters
Listing Office: The Corcoran Group
Last Updated: January - 10 - 2026
1519 N Ocean Way, Palm Beach, FL 33480- MLS# R11062795
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