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240 N Ocean Boulevard, Palm Beach, FL 33480

$26,670,750

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https://www.propertypanorama.com/240-N-Ocean-Boulevard-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 7,630 Lot Size (sq. ft.): 19,602 Status: Closed

Current Price: $26,670,750 List Date: 11/06/2024 Last Modified: 3/13/2026

Description

There are only 23 ocean front single family homes ''in town'' on the Island of Palm Beach. There is only ONE available for purchase. Welcome home! 240 North Ocean Blvd is a spectacular oceanfront estate available on the island of Palm Beach in an A+ center of town location. This rare find is one of a few properties with a deeded private beach parcel directly on the sand. Spanning 100 feet, the private beach parcel offers exclusive access to the pristine sands and Atlantic Ocean sapphire blue water. The home's elegant floor plan is designed around the stunning views, with communal areas overlooking the pool and ocean. Two primary suites face the ocean, while two guest suites share a sun deck to the West.

Supplements: Additional features include formal and informal dining and living rooms, exercise room, sauna, library, fireplace, and two first floor guest bedrooms. Don't miss this opportunity to own a piece of Palm Beach oceanfront paradise.

More Information MLS# R11034592

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-11-06 Status: Closed Original List Price: 38000000 Sold Price: $26,670,750 Current Price: $26,670,750

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: 240 Street Direction Prefix: N Street Name: Ocean Street Suffix: Boulevard State Or Province: FL Postal Code: 33480 Subdivision Name: PROXIMITY PARK Area: 5002 Parcel Number: 50434314090000190 Zoning: R-B(ci Directions: Head North on County Rd and then East on Atlantic Ave.

General Property Information

Living Area Main: 5410 Gated Community YN: No Lot Size Area: 19576 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: 6 Bathrooms Total: 8 Bathrooms Full: 6 Bathrooms Half: 2 Building Area Main: 7630 Building Area Source: Public Records Year Built: 1992 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Lot Size Acres: 0.45 Frontage Length: 100 Waterfront YN: 1 Direction Faces: East

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 93140.3 Tax Year: 2023 Tax Legal Description: PROXIMITY PARK LTS 19, 20 & 41

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2025-04-15T13:54:05Z Major Change Type: Status Change Price Change Timestamp: 2025-01-21T20:36:29Z Status Change Date: 2025-04-15 Under Contract Date: 2025-03-13 Close Date: 2025-04-14 Close Price: 26670750

Amenities

None: 1

Dining Area

Breakfast Area: 1 Formal Dining: 1

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Parking Features

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 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Heating

Central: 1

Water View

Ocean: 1

Window Features

Casement: 1

Appliances

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

Construction Materials

CBS: 1 Stucco: 1

Interior Features

Bedroom Layout - Split: 1 Entrance Foyer: 1 French Doors: 1 High Ceilings: 1 Kitchen Island: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

In Ground: 1

Roof

Concrete: 1 Tile: 1

Security Features

Security System: 1

Water Source

Public: 1

Waterfront Features

Ocean Front: 1

Architectural Style

Old Spanish: 1

Cooling

Central Air: 1

Showing Requirements

Text Listing Agent: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 2 Main Level Bedrooms: 2

Master Bedroom/Bath

2 Master Baths: 1 2 Master Suites: 1 Dual Sinks: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Panel Shutters: Complete

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: Yes

Outdoor Living Spaces

Balcony: 1 Patio: 1 Porch: 1

Balcony Details

Balcony - Open: 1

Patio Details

Patio - Open: 1

Contingencies

None: 1

Room Types

Den: 1 Family Room: 1 Florida Room: 1 Kitchen: 1 Kitchen Level: Main Laundry: 1 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: 4929.89 Original List Price To Close Price: 1.42

Acreage Description

1/4 To Less Than 1/2 Acre Lot: 1

Originating Details

Originating System Key: 20241107091925695720000000 Originating System ID: M00000170

Property Features

Dining Area: Breakfast Area; Formal Dining Electric: Three Phase Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer Architectural Style: Old Spanish Construction Materials: CBS; Stucco Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Split; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Concrete; Tile Security Features: Security System Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Window Features: Casement Showing Requirements: Text Listing Agent; See Remarks Outdoor Living Spaces: Balcony; Patio; Porch Balcony Details: Balcony - Open Patio Details: Patio - Open Contingencies: None Room Types: Den; Family Room; Florida Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Room Information

Living Room Length: 26.00 Length: 26.00 Width: 22.00 Width: 22.00 Level: Main Kitchen Length: 27.00 Length: 27.00 Width: 16.00 Width: 16.00 Level: Main Master Bedroom Length: 19.00 Length: 19.00 Width: 16.00 Width: 16.00 Level: Main Family Room Florida Room Laundry

Listing Office: Compass Florida LLC

Last Updated: March - 13 - 2026

240 N Ocean Boulevard, Palm Beach, FL 33480- MLS# R11034592

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