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For sale
  • $1,495,000

    123 Ocean Avenue #201, Palm Beach Shores, FL 33404

    2beds
    1,581sqft
    : 
    $12,683/mo
    Get pre-qualified
    Condominium
    Built in 2028
    -- sqft lot
    $1,350,800 Zestimate®
    $946/sqft
    $3,162/mo HOA

    What's special

    Private direct beach accessPrivate elevator vestibuleBright open layout
    Introducing 123 Ocean. Oceanfront Serenity. Elevated Palm Beach Shores Living. This west-facing 2-bedroom plus den, 2.5-bath residence offers a refined coastal lifestyle with a bright, open layout and expansive terrace designed for seamless indoor-outdoor living. Enjoy private, direct beach access just moments from dining, marinas, and the best of Palm Beach Shores. Interiors feature a sophisticated palette of white oak, woven textures, and soft brass accents, complemented by a private elevator vestibule and a split-bedroom floor plan for optimal privacy. The sunlit living and dining areas open effortlessly to the terrace. The chef's kitchen is both functional and striking, featuring custom cabinetry, a sculptural peninsula, a custom bronze hood, and fully integrated Gaggenau appliances. The primary suite is a serene retreat with a spacious walk-in closet and spa-inspired bath, complete with a double vanity, porcelain feature wall, and rainfall shower. The secondary bedroom includes an en-suite bath, while the den offers flexible space for a home office or additional living area. 123 Ocean is a boutique six-story oceanfront development by Lionbright Development, with architecture by Arquitectonica and interiors by Asthetique. Amenities include a 24-hour attended lobby, secure underground parking, resort-style pool and sun deck, fitness studio with infrared sauna and ice bath, resident lounge, media room, and children's playroom. Minutes to Palm Beach Island, downtown West Palm Beach, and Palm Beach International Airport.
    128 days
    |
    233
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenna Steffens Mayer 561-876-6340,

    Serhant,

    Ann P Cusa 772-215-4393,

    Serhant

    Source: BeachesMLS,MLS#: B26010002MLS LogoOriginating MLS: BeachesMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 228
      • Dimensions: 15 X 15.2
      Bedroom 2
      • Level: Main
      • Area: 241.6
      • Dimensions: 16 X 15.1
      Kitchen
      • Level: Main
      • Area: 192.1
      • Dimensions: 11.3 X 17
      Living room
      • Level: Main
      • Area: 205.7
      • Dimensions: 12.1 X 17
      Heating
      • Central
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Cooktop, Dryer, Dishwasher, Electric Water Heater, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
      • Laundry: In Unit, Washer Dryer Install Allowed
      Features
      • Built-in Features, Dual Sinks, Elevator, High Ceilings, Kitchen Island, Walk-In Closet(s)
      • Flooring: Tile, Wood
      • Has fireplace: No
      Interior area
      • Total structure area: 1,812
      • Total interior livable area: 1,581 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Covered, Underground, Electric Vehicle Charging Station(s), Valet
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One,Two
      • Stories: 2
      • Pool features: Association, Heated
      • Has view: Yes
      • View description: Other
      • Waterfront features: Beach Access, Deeded Access, Ocean Access, Ocean Front
      Details
      • Parcel number: 54434227040006160
      • Zoning: D—MULTIPLE USE
      • Special conditions: Standard
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block
      • Roof: Flat
      Condition
      • To Be Built
      • New construction: No
      • Year built: 2028

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Security: Building Security
      • Subdivision: 123 Ocean
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Beach Access, Clubhouse, Community Kitchen, Fitness Center, Maintenance Grounds, Pool, Parking, Sauna, Security, Trail(s), Elevator(s)
      • Services included: Common Areas, Hot Water, Insurance, Pest Control, Pool(s), Reserve Fund, Security, Trash, Water, Internet
      • HOA fee: $3,162 monthly
      Location
      • Region: West Palm Beach

      Financial & listing details

      • Price per square foot: $946/sqft
      • Tax assessed value: $10,800,000
      • Annual tax amount: $211,529
      • Date on market: 4/2/2026
      • Cumulative days on market: 130 days
      • Listing terms: Cash
      • Electric utility on property: Yes

        Estimated market value

        $1,350,800

        $1.28M - $1.42M

        $6,206/mo

        Price history

        DateEventPrice
        4/2/2026Listed for sale$1,495,000-88.5%$946/sqft
        Source: BeachesMLS #B26010002 Report a problem
        10/22/2024Sold$13,000,000+170.8%$8,223/sqft
        Source: Public Record Report a problem
        12/2/2020Sold$4,800,000+20%$3,036/sqft
        Source: Public Record Report a problem
        8/23/2013Sold$4,000,000+63.3%$2,530/sqft
        Source: Public Record Report a problem
        4/2/2012Sold$2,450,000$1,550/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$211,529 +124.9%$10,800,000 +145.5%
        2024$94,043 -0.4%$4,400,000
        2023$94,427 +5.6%$4,400,000 +10%
        2022$89,422 -1.8%$4,000,000
        2021$91,104 +46%$4,000,000 +53.8%
        2020$62,383 -1.3%$2,600,000
        2019$63,221 $2,600,000
        2018$63,221 +4.2%$2,600,000
        2017$60,691 -1.6%$2,600,000
        2016$61,658 -1.5%$2,600,000 +2.8%
        2015$62,607 +6.1%$2,530,000 +10%
        2014$58,980 $2,300,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33404

        Getting around

        50 / 100
        Somewhat Walkable
        25 / 100
        Some Transit
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln
        • Middle: John F. Kennedy (Palm Beach)
        • High: William T. Dwyer

        Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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