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For sale
    • $18,250,000

    1048 S Ocean Blvd, Palm Beach, FL 33480

    5beds
    6,676sqft
    : 
    $124,558/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1952
    0.29 Acres Lot
    $17,033,500 Zestimate®
    $2,734/sqft
    $-- HOA

    What's special

    Five bedroomsSweeping ocean viewsManicured gardensOceanview balconiesPrivate deeded beach accessLap pool
    Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this elegant John Volk-designed Regency home offers timeless Palm Beach appeal with private deeded beach access and sweeping ocean views. Featuring five bedrooms, six full and two half baths, the residence includes two oceanview balconies and a 40-by-20-foot lap pool surrounded by manicured gardens. Perfect for entertaining or as a serene seaside retreat, the property presents an exceptional opportunity to reimagine, renovate, or build a dream home in the prestigious Estate Section—steps from the sand and minutes from Worth Avenue.
    824 days
    |
    1,837
    |
    92
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    ELIZABETH DeWOODY 561-308-0931,

    Compass Florida, LLC

    Source: Palm Beach BOR,MLS#: 24-704

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 9
      • Full bathrooms: 7
      • 1/2 bathrooms: 2
      Primary bedroom
      • Area: 391
      • Dimensions: 23 x 17
      Bedroom 2
      • Area: 300
      • Dimensions: 20 x 15
      Bedroom 3
      • Area: 270
      • Dimensions: 18 x 15
      Bedroom 4
      • Area: 228
      • Dimensions: 19 x 12
      Bedroom 5
      • Area: 165
      • Dimensions: 15 x 11
      Breakfast room
      • Area: 143
      • Dimensions: 13 x 11
      Dining room
      • Area: 459
      • Dimensions: 27 x 17
      Kitchen
      • Area: 208
      • Dimensions: 16 x 13
      Living room
      • Area: 972
      • Dimensions: 36 x 27
      Other
      • Area: 374
      • Dimensions: 22 x 17
      Heating
      • Central, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Refrigerator, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Double Oven
      Features
      • Ceiling Fan(s), Elevator, Pantry
      • Flooring: Marble
      • Windows: Casement, Storm Shutters
      • Has fireplace: Yes
      • Fireplace features: Fireplace
      Interior area
      • Total structure area: 7,593
      • Total interior livable area: 6,676 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport
      • Garage spaces: 2
      • Has carport: Yes
      Features
      • Exterior features: Balcony, Sprinkler System
      • Has private pool: Yes
      • Pool features: Gas Heat, Pool Size (40 x 20)
      • Waterfront features: None, Ocean-Across Street, Ocean Access-No Deed
      Lot
      • Size: 0.29 Acres
      • Dimensions: 140
      • Features: Corner Lot
      Details
      • Parcel number: 50434335000020290
      • Zoning: R-A - Estate Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Regency
      • Property subtype: Single Family Residence, Residential
      Materials
      • Block, Stucco
      • Roof: Tar/Gravel
      Condition
      • Year built: 1952

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Tropic Isle
      Location
      • Region: Palm Beach

      Financial & listing details

      • Price per square foot: $2,734/sqft
      • Tax assessed value: $10,589,923
      • Annual tax amount: $92,966
      • Date on market: 4/22/2024
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $17,033,500

        $15.84M - $17.89M

        $136,526/mo

        Price history

        DateEventPrice
        7/25/2026Listed for rent$40,000$6/sqft
        Source: BeachesMLS #R11140217 Report a problem
        7/25/2026Listing removed$40,000$6/sqft
        Source: MIAMI #R11140217 Report a problem
        6/26/2026Listed for rent$40,000$6/sqft
        Source: MIAMI Report a problem
        6/26/2026Listing removed$40,000$6/sqft
        Source: BeachesMLS Report a problem
        11/12/2025Listed for rent$40,000-20%$6/sqft
        Source: BeachesMLS #R11140217 Report a problem
        10/30/2025Price change$18,250,000-23.8%$2,734/sqft
        Source: BeachesMLS #RX-10981591 Report a problem
        10/27/2025Listing removed$50,000$7/sqft
        Source: BeachesMLS #R11084881 Report a problem
        10/16/2025Price change$50,000+11.1%$7/sqft
        Source: BeachesMLS #R11084881 Report a problem
        5/22/2025Price change$45,000+32.4%$7/sqft
        Source: BeachesMLS #R11084881 Report a problem
        4/25/2025Listed for rent$34,000-26.1%$5/sqft
        Source: BeachesMLS #R11084881 Report a problem
        4/15/2025Listing removed$46,000$7/sqft
        Source: BeachesMLS #R10981577 Report a problem
        1/24/2025Price change$46,000-8%$7/sqft
        Source: BeachesMLS #R10981577 Report a problem
        11/15/2024Price change$50,000-64.3%$7/sqft
        Source: BeachesMLS #R10981577 Report a problem
        11/8/2024Price change$140,000+154.5%$21/sqft
        Source: BeachesMLS #R10981577 Report a problem
        4/25/2024Listed for rent$55,000$8/sqft
        Source: BeachesMLS #R10981577 Report a problem
        4/22/2024Listed for sale$23,950,000+2028.9%$3,587/sqft
        Source: Palm Beach BOR #24-704 Report a problem
        4/20/2024Listing removed--
        Source: BeachesMLS #R10883225 Report a problem
        4/17/2024Price change$55,000+44.7%$8/sqft
        Source: BeachesMLS #R10883225 Report a problem
        1/16/2024Price change$38,000+5.6%$6/sqft
        Source: BeachesMLS #R10883225 Report a problem
        11/2/2023Price change$36,000-7.7%$5/sqft
        Source: BeachesMLS #R10883225 Report a problem
        9/19/2023Price change$39,000+56%$6/sqft
        Source: BeachesMLS #R10883225 Report a problem
        5/17/2023Price change$25,000-35.9%$4/sqft
        Source: BeachesMLS #R10883225 Report a problem
        4/20/2023Price change$39,000-2.5%$6/sqft
        Source: BeachesMLS #R10883225 Report a problem
        11/10/2022Price change$40,000-32.2%$6/sqft
        Source: Zillow Rental Network_1 #R10844552 Report a problem
        9/26/2022Listed for rent$59,000$9/sqft
        Source: Zillow Rental Network_1 #R10765289 Report a problem
        11/28/1994Sold$1,125,000$169/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$123,096 +9.6%$6,458,117 +10%
        2024$112,343 +10.8%$5,871,015 +10%
        2023$101,359 +9%$5,337,286 +10%
        2022$92,966 +28.2%$4,852,078 +10%
        2021$72,499 -3.9%$4,410,980 +0.8%
        2020$75,458 +8.2%$4,376,574 +10%
        2019$69,731 $3,978,704 +2.1%
        2018$69,731 +13%$3,897,019 +18.5%
        2017$61,711 +10.8%$3,288,185 -12.8%
        2016$55,676 -14.3%$3,769,289 +3.7%
        2015$65,002 +3%$3,635,519 +4.8%
        2014$63,097 -4.8%$3,467,569 -5%
        2013$66,278 +7.1%$3,649,736 +10%
        2012$61,890 +9%$3,317,942 +10%
        2011$56,781 -1.4%$3,016,311 -0.4%
        2010$57,573 -22.9%$3,028,405 -19.2%
        2009$74,707 +29%$3,747,597 +10%
        2008$57,915 +10.3%$3,406,906 +9.4%
        2007$52,530 -9.1%$3,113,369 -0.6%
        2006$57,776 $3,132,681 +49.7%
        2005-- $2,092,156 +15.1%
        2004$19,803 +18941.3%$1,816,928 +3.8%
        2003$104 -99.7%$1,750,241
        2002$35,336 +6.2%$1,750,241 +7.7%
        2001$33,271 +30.4%$1,625,556 +32%
        2000$25,509 +13%$1,231,806 +13%
        1999$22,583 $1,089,925
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33480

        Getting around

        5 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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