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1565 N Ocean Way, Palm Beach, FL 33480

$25,200,000

Property Type: Residential Bedrooms: 7 Baths: 7.2 Square Footage: 7,657 Status: Closed

Current Price: $25,200,000 Last Modified: 6/15/2021

Description

Ideally located on the north end of Palm Beach, this Peter Marino designed estate offers all of the luxuries of island living. Situated directly on the Atlantic Ocean the property has 3.4+ acres,expansive green space, a gated front entry, service entrance, a heated pool and guest house in addition to the approximately 10,000 square foot main residence. Marino took the existing home, built in 1937, and created a tropical retreat with an Indonesian and contemporary interior that showcases the spectacular ocean views. His attention to detail, use of space and choice of materials truly make this a one-of-a-kind residence sure to impress even the most discriminating buyer.

More Information MLS# RX-10226359

Contract Information

Auction: No List Price/SqFt: 4179.18 Listing Date: 2016-04-14 Status: Closed Original List Price: 32000000 Sold Price: $25,200,000 Current Price: $25,200,000

General Property Description

Governing Bodies: None Property Condition: Resale Lot Dimensions: 170.0 ft SqFt - Total: 10005 Waterfront: Yes SqFt Source: Owner Waterfrontage: 170 Homeowners Assoc: None Pets Allowed: Yes Front Exp: East HOA/POA/COA (Monthly): 0 Directions: Ideally located on the north end of Palm Beach, this Peter Marino designed estate offers all of the luxuries of island living. Situated directly on the Atlantic Ocean the property has 3.4+ acres... Membership Fee Required: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 7 Baths - Full: 7 Baths - Half: 2 Baths - Total: 7.2 Year Built: 1937 SqFt - Living: 7657 Garage Spaces: 2 Subdivision: BOCA RATONE COLET Legal Desc: BOCA RATONE CO INLET SUB S 75 FT OF LT 3 & LT 4 & 34-42-43, PT OF GOV LT 1 LYG E OF & ADJ TO IN OR22098P1270 Total Floors/Stories: 3

Location, Tax & Legal

Geo Area: PB30 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2015 Zoning: R-A(ci Short Sale A/U: N/A Short Sale Addendum: No Taxes: 260296 Special Assessment: No REO: No Area: 5001 County: Palm Beach Parcel ID: 50434234020000031 Street #: 1565 Street Dir: N Street Name: Ocean Street Suffix: Way Zip Code: 33480 Geo Lat: 26.769109 Geo Lon: -80.037046

Office/Member Info

DXORIGMLNO: RX-10226359 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 3291.1 Under Contract Date: 2017-06-14 Sold Date: 2017-06-15 Sold Price: $25,200,000

Design

Other Arch: 1

Construction

Brick: 1

Master Bedroom/Bath

Bidet: 1 Dual Sinks: 1 Mstr Bdrm - Ground: 1 Separate Shower: 1 Separate Tub: 1

View

Ocean: 1

Rooms

Den/Office: 1 Laundry-Inside: 1 Storage: 1

Waterfront Details

Oceanfront: 1

Lot Description

3 to < 4 Acres: 1

Equip/Appl Included

Dishwasher: 1 Dryer: 1 Freezer: 1 Generator Whle House: 1 Refrigerator: 1 Washer: 1

Private Pool Description

Inground: 1 Spa: 1

Cooling

Central: 1 Zoned: 1

Heating

Central: 1 Zoned: 1

Exterior Features

Outdoor Shower: 1

Furnished

Unfurnished: 1

Interior Features

Built-in Shelves: 1 Fireplace(s): 1 Foyer: 1 Volume Ceiling: 1 Walk-in Closet: 1

Flooring

Wood Floor: 1 Other: 1

Utilities

Public Sewer: 1 Public Water: 1

Parking

2+ Spaces: 1 Garage - Attached: 1

Restrict

None: 1

Security

Gate - Unmanned: 1 Security Sys-Owned: 1

Roof

Barrel: 1

Subdiv. Amenities

None: 1

Terms Considered

Cash: 1

Possession

At Closing: 1

Window Treatments

Impact Glass: 1

Dining Area

Breakfast Area: 1 Formal: 1

Taxes

City/County: 1

Guest House

2 Baths: 1 2 Bedrooms: 1

Contingencies

None: 1

Property Features

Design: Other Arch Construction: Brick View: Ocean Waterfront Details: Oceanfront Private Pool Description: Inground; Spa Lot Description: 3 to < 4 Acres Exterior Features: Outdoor Shower Interior Features: Built-in Shelves; Fireplace(s); Foyer; Volume Ceiling; Walk-in Closet Furnished: Unfurnished Rooms: Den/Office; Laundry-Inside; Storage Parking: 2+ Spaces; Garage - Attached Restrict: None Security: Gate - Unmanned; Security Sys-Owned Flooring: Wood Floor; Other Heating: Central; Zoned Cooling: Central; Zoned Dining Area: Breakfast Area; Formal Roof: Barrel Guest House: 2 Baths; 2 Bedrooms Terms Considered: Cash Utilities: Public Sewer; Public Water Window Treatments: Impact Glass Taxes: City/County Possession: At Closing Contingencies: None

Room Information

Living Room Length: 35.00 Width: 24.00 Length: 35.00 Level: First Width: 24.00 Kitchen Length: 20.00 Width: 13.00 Length: 20.00 Level: First Width: 13.00 Master Bedroom Length: 21.00 Width: 19.00 Length: 21.00 Level: First Width: 19.00

Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: June - 15 - 2021

1565 N Ocean Way, Palm Beach, FL 33480- MLS# RX-10226359

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