For sale

Price cut: $500K (6/8)

$8,750,000

150 N Ocean Blvd #Penthouse 3, Palm Beach, FL 33480

3beds

3,036sqft

$59,626/mo

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Condominium, Condo/Co-Op

Built in 1980

-- sqft lot

$-- Zestimate^®

$2,882/sqft

$-- HOA

What's special

Private elevatorPhenomenal ocean viewsTerrace access

Rarely available and beautifully situated in one of Palm Beach's most exclusive oceanfront buildings, this 3BR/4.5BA penthouse offers phenomenal ocean views from every bedroom, each with terrace access. A private elevator opens directly into the residence. Additional highlights include a deeded beach cabana and the intimacy of a boutique building, providing an unparalleled combination of privacy and luxury in a premier oceanfront location.

266 days

627

11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Primary bedroom

Level: Main
Area: 286.6
Dimensions: 20 x 14.33

Bedroom 2

Level: Main
Area: 181.4
Dimensions: 14.42 x 12.58

Bedroom 3

Level: Main
Area: 191.85
Dimensions: 15.25 x 12.58

Dining area

Level: Main
Area: 234
Dimensions: 18 x 13

Kitchen

Level: Main
Area: 364
Dimensions: 26 x 14

Living room

Level: Main
Area: 681.5
Dimensions: 29 x 23.5

Utility room

Level: Main
Area: 125.35
Dimensions: 18.58 x 6.75

Heating

Central

Cooling

Central Air

Appliances

Included: Refrigerator, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Oven
Laundry: In Unit

Features

Flooring: Tile, Carpet, Other
Windows: Window Treatments

Interior area

Total structure area: 3,036
Total interior livable area: 3,036 sqft

Property

Parking

Total spaces: 1

Features

Exterior features: Balcony, Elevator, Lobby
Has private pool: Yes
On waterfront: Yes

Details

Additional structures: Cabana
Parcel number: 50434315230006030
Zoning: R-C - Medium Density Residential

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Condo/Co-Op

Condition

Year built: 1980

Utilities & green energy

Utilities for property: Cable Available

Community & HOA

Community

Features: Pool
Security: Door Person

HOA

Has HOA: Yes
Amenities included: Full Time Manager
Services included: Insurance, Cable TV, Common Area, Maintenance Structure, Water

Location

Region: Palm Beach

Financial & listing details

Price per square foot: $2,882/sqft
Tax assessed value: $4,880,000
Annual tax amount: $62,499
Date on market: 11/5/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/8/2026	Price change	$8,750,000-5.4%$2,882/sqft
Source: Palm Beach BOR #25-1632 Report a problem
11/5/2025	Listed for sale	$9,250,000+825%$3,047/sqft
Source: BeachesMLS #RX-11138186 Report a problem
1/11/1996	Sold	$1,000,000$329/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$62,498 +4.8%	$3,689,532 +10%
2024	$59,618 +3.3%	$3,354,120 +10%
2023	$57,700 +6.9%	$3,049,200 +10%
2022	$53,965 +31.7%	$2,772,000 +10%
2021	$40,983 +1.2%	$2,520,000 +2.9%
2020	$40,505 -1.7%	$2,450,000
2019	$41,202	$2,450,000
2018	$41,202 +2.9%	$2,450,000 -18.9%
2017	$40,026 -17.4%	$3,020,000 +17.6%
2016	$48,480 +2.1%	$2,568,830 +10%
2015	$47,471 +21.1%	$2,335,300 +10%
2014	$39,208 +12.3%	$2,123,000 +10%
2013	$34,929 -10.8%	$1,930,000 -9.4%
2012	$39,152 -6.5%	$2,130,000 -4.3%
2011	$41,856 -1%	$2,225,000 0%
2010	$42,290 -6.4%	$2,226,000 -9.7%
2009	$45,182 +2.5%	$2,465,678 -5%
2008	$44,089 -2.4%	$2,595,450 -3.1%
2007	$45,160 -13.4%	$2,679,000 -5.3%
2006	$52,129	$2,829,000 +20.4%
2005	--	$2,349,000 +40.8%
2004	$18,180 +34201.3%	$1,668,000 +31.5%
2003	$53 -99.8%	$1,268,000 +15.2%
2002	$22,216 +42.7%	$1,101,000 +44.8%
2001	$15,574 -1.1%	$760,600
2000	$15,741 -0.1%	$760,600
1999	$15,759	$760,600

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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