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Sold for $48,500,000
  • $48,500,000

    1519 N Ocean Way, Palm Beach, FL 33480

    10beds
    9,136sqft
    Single Family Residence, Residential
    Built in 1936
    1.81 Acres Lot
    $49,376,000 Zestimate®
    $5,309/sqft
    $206,681 Estimated rent

    Home value

    $49,376,000

    $43.94M - $55.30M

    $206,681/mo

    Zestimate® history
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    What's special

    Direct Oceanfront North End Dunes Estate. Situated on over 1.8 acres with expansive sand dunes leading to the widest and most private beach on the Island. This captivating European villa features a wrap-around covered lanai and balconies for a total of 12,928 square feet. Renovate or build new on this rare waterfront property.

    Zillow last checked:

    Listing updated:

    Listed by:

    DANA L KOCH 561-379-7718,

    The Corcoran Group,

    ALLISON KAVANAUGH WREN 561-312-7901

    Bought with:

    THOMAS SHAW, 3077438

    Sotheby's International Realty, Inc.

    Source: Palm Beach BOR,MLS#: 25-318

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 12
    • Full bathrooms: 11
    • 1/2 bathrooms: 1
    Primary bathroom
    • Level: Second
    • Area: 459
    • Dimensions: 27 x 17
    Kitchen
    • Level: First
    • Area: 289
    • Dimensions: 17 x 17
    Living room
    • Level: First
    • Area: 1431
    • Dimensions: 53 x 27
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Dishwasher, Microwave, Disposal, Oven
    Features
    • Wet Bar, Pantry
    • Flooring: Tile, Hardwood, Other
    • Windows: Other
    • Has fireplace: Yes
    • Fireplace features: Fireplace
    Interior area
    • Total structure area: 12,928
    • Total interior livable area: 9,136 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Patio
    • Exterior features: Balcony
    • Has private pool: Yes
    • On waterfront: Yes
    • Waterfront features: Ocean-Direct
    Lot
    • Size: 1.81 Acres
    • Dimensions: 90
    Details
    • Parcel number: 50434234020000081
    • Zoning: R-A - Estate Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Block, Stucco
    • Roof: Barrel
    Condition
    • Year built: 1936

    Utilities & green energy

    • Water: County

    Community & HOA

    Community
    • Security: Security System, No Security
    • Subdivision: Boca Raton Co
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $5,309/sqft
    • Tax assessed value: $28,888,092
    • Annual tax amount: $3,761,156
    • Date on market: 2/19/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/14/2025Sold$48,500,000-11.7%$5,309/sqft
    Source: Palm Beach BOR #25-318 Report a problem
    4/3/2025Pending sale$54,900,000$6,009/sqft
    Source: BeachesMLS #RX-11062795 Report a problem
    2/15/2025Listed for sale$54,900,000+244.3%$6,009/sqft
    Source: BeachesMLS #RX-11062795 Report a problem
    10/1/2024Listing removed$75,000$8/sqft
    Source: BeachesMLS #R10983860 Report a problem
    5/2/2024Listed for rent$75,000$8/sqft
    Source: BeachesMLS #R10983860 Report a problem
    1/1/2024Listing removed--
    Source: BeachesMLS #R10889741 Report a problem
    5/15/2023Listed for rent$75,000$8/sqft
    Source: BeachesMLS #R10889741 Report a problem
    1/19/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/13/2023Listed for rent$75,000$8/sqft
    Source: Zillow Rentals Report a problem
    9/20/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    4/27/2022Listed for rent$75,000+50%$8/sqft
    Source: Zillow Rental Network_1 Report a problem
    10/2/2020Listing removed$50,000$5/sqft
    Source: Premier Estate Properties #RX-10568232 Report a problem
    4/17/2020Price change$50,000+11.1%$5/sqft
    Source: Premier Estate Properties #RX-10568232 Report a problem
    1/22/2020Listed for rent$45,000$5/sqft
    Source: Premier Estate Properties #RX-10568232 Report a problem
    10/26/2019Listing removed$45,000$5/sqft
    Source: Premier Estate Properties #RX-10568232 Report a problem
    10/10/2019Listed for rent$45,000$5/sqft
    Source: Premier Estate Properties #RX-10568232 Report a problem
    5/3/2019Sold$15,946,570-19.5%$1,745/sqft
    Source: Palm Beach BOR #18-2309 Report a problem
    1/18/2019Listing removed$19,800,000$2,167/sqft
    Source: Premier Estate Properties #RX-10483685 Report a problem
    11/26/2018Listed for sale$19,800,000$2,167/sqft
    Source: Premier Estate Properties #RX-10483685 Report a problem
    9/1/2018Listing removed$19,800,000$2,167/sqft
    Source: Lawrence A. Moens Associates #RX-10399730 Report a problem
    4/9/2018Listed for sale$19,800,000$2,167/sqft
    Source: Lawrence A. Moens Associates #RX-10399730 Report a problem
    2/2/2018Listing removed$19,800,000$2,167/sqft
    Source: LAWRENCE A. MOENS ASSOCIATES,INC. #16-2312 Report a problem
    10/28/2017Price change$19,800,000-19.2%$2,167/sqft
    Source: LAWRENCE A. MOENS ASSOCIATES,INC. #16-2312 Report a problem
    11/3/2016Listed for sale$24,500,000$2,682/sqft
    Source: LAWRENCE A. MOENS ASSOCIATES,INC. #16-2312 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$386,378 +2.7%$23,815,188 +10%
    2024$376,156 +13.5%$21,650,170 +10%
    2023$331,399 +3.8%$19,681,972 +10%
    2022$319,229 +19.4%$17,892,704 +10%
    2021$267,267 +9.2%$16,266,094 +10%
    2020$244,818 +140%$14,787,358 +143.9%
    2019$101,991 $6,063,711 +1.9%
    2018$101,991 +4.9%$5,950,649 +2.1%
    2017$97,251 -0.1%$5,828,256 +2.1%
    2016$97,322 -0.4%$5,708,380 +0.7%
    2015$97,671 -3.8%$5,668,699 +0.8%
    2014$101,505 +2.1%$5,623,709 +1.5%
    2013$99,447 +0.1%$5,540,600 +1.7%
    2012$99,339 +0.6%$5,447,984 +3%
    2011$98,705 +0.5%$5,289,305 +1.5%
    2010$98,205 +6.5%$5,211,138 +2.7%
    2009$92,242 +8%$5,074,136 +0.1%
    2008$85,428 +3.5%$5,069,067 +3%
    2007$82,542 -6.2%$4,921,424 +2.5%
    2006$88,024 $4,801,389 -44.3%
    2005-- $8,613,992 +19.8%
    2004$78,362 +75248%$7,189,760 +39.7%
    2003$104 -99.9%$5,146,477 +18.7%
    2002$86,910 +0.2%$4,337,289 +1.6%
    2001$86,695 +1.9%$4,268,985 +3%
    2000$85,065 +4.9%$4,144,646 +5.9%
    1999$81,065 $3,912,492
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

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    Estimated market value
    $49,376,000
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    Estimated market value
    $49,376,000