Split level on corner lot. Property is close to the size of 2 lots in Palm Beach & for many reasons is a very desirable location. Last major renovation was done in 2007. 1/27th deeded interest in ocean beach, with beautiful & spacious elevated cabana area (lounge chairs, upright chairs, long dining table & different seating areas.) Also have a generator for entire home, that was installed in 9/20.
Interior is more beautiful than its exterior.
Sold for $14,000,000
Street View
$14,000,000
1186 N Ocean Way, Palm Beach, FL 33480
5beds
4,788sqft
SingleFamily
Built in 1958
0.43 Acres Lot
$28,587,200 Zestimate®
$2,924/sqft
$99,476 Estimated rent
Home value
$28,587,200
$22.30M - $36.59M
$99,476/mo
Zestimate® history
Owner options
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$99,476/mo
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$95,469/mo
Est. payment
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Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Other, Carpet, Hardwood
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 4,788 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Wood, Wood products, Brick
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.43 Acres
Details
- Parcel number: 50434303090000440
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1958
Community & HOA
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $2,924/sqft
- Tax assessed value: $9,617,950
- Annual tax amount: $145,485
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2023 | Sold | $14,000,000$2,924/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $145,485 -7.3% | $9,617,950 -7.8% |
| 2024 | $156,878 +838.1% | $10,429,448 +890.1% |
| 2023 | $16,723 +0.5% | $1,053,327 +3% |
| 2022 | $16,642 -1.7% | $1,022,648 +3% |
| 2021 | $16,927 -5.5% | $992,862 +1.4% |
| 2020 | $17,903 +2.8% | $979,154 +2.3% |
| 2019 | $17,418 | $957,140 +1.9% |
| 2018 | $17,418 +6.6% | $939,293 +2.1% |
| 2017 | $16,333 -2.1% | $919,974 +2.1% |
| 2016 | $16,676 +11.3% | $901,052 +0.7% |
| 2015 | $14,985 -3.7% | $894,788 +0.8% |
| 2014 | $15,565 +2.1% | $887,687 +1.5% |
| 2013 | $15,244 +0.2% | $874,568 +1.7% |
| 2012 | $15,219 +0.7% | $859,949 +3% |
| 2011 | $15,109 +0.6% | $834,902 +1.5% |
| 2010 | $15,015 +6.6% | $822,564 +2.7% |
| 2009 | $14,090 +7.9% | $800,939 +0.1% |
| 2008 | $13,055 +2.1% | $800,139 +3% |
| 2007 | $12,781 -4.7% | $776,834 +4% |
| 2006 | $13,417 | $747,155 +3% |
| 2005 | -- | $725,393 +3% |
| 2004 | $7,403 +7018.6% | $704,265 +1.9% |
| 2003 | $104 -99.2% | $691,133 +2.4% |
| 2002 | $13,187 +0.3% | $674,935 +1.6% |
| 2001 | $13,149 +2% | $664,306 +3% |
| 2000 | $12,891 +3.2% | $644,957 -17.2% |
| 1999 | $12,494 | $778,674 |
Find assessor info on the county website
Neighborhood: 33480
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Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 3.4 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 5.6 mi
- 2/10Palm Beach Lakes High SchoolGrades: 9-12Distance: 4.2 mi
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Estimated market value
$28,587,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$28,587,200
- Florida
- Palm Beach County
- Palm Beach
- 33480
- 1186 N Ocean Way