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Off market
  • $59,666,200

    172 S Ocean Blvd, Palm Beach, FL 33480

    16beds
    13,227sqft
    SingleFamily
    Built in 1926
    0.92 Acres Lot
    $59,666,200 Zestimate®
    $4,511/sqft
    $338,063 Estimated rent

    Home value

    $59,666,200

    $45.94M - $75.78M

    $338,063/mo

    Zestimate® history
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    $338,063/mo

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    $406,879/mo

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    $406,879/mo

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    What's special

    ICONIC Palm Beach ; Rarely does one have the chance to purchase such an important estate on Palm Beach located on the corner of Main and Main. Built originally in 1926 by renowned Palm Beach architect Marion Sims Wyeth, La Salona exudes true Palm Beach style. When one enters the arched entry courtyard, you're swept back in time. Although originally built in 1926, the home has been completely updated under the current owner over the past 30 years. The most recent renovation of the western portion of the home was completed in 2016. The 2 stories include a 3-bedroom apartment on the first floor and another 3-bedroom apartment on the second floor. Distinctive features of the house include exquisite Cypress coffered ceilings, stenciled using a technique called lime paste. The decorative ironwork, the paneling and Mediterranean tile work dating back from Addison Mizner's workshop. The dining room features a coffered ceiling, carved columns, floor tiles and paneled doors which are all part of the original construction. This prestigious estate offers sprawling ocean views from the master suite along with 4 private guest suites and breathtaking courtyard gardens. No other home In-Town exemplifies the classic Palm Beach with its timeless architecture.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 22
    • Full bathrooms: 17
    • 1/2 bathrooms: 5
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Wet Bar, Pantry, Walk-In Closet(s), Storage, Entrance Foyer, Den/Office, Bar, Volume Ceiling, Closet Cabinets, Media, Family
    • Flooring: Tile, Hardwood
    • Has fireplace: Yes
    • Fireplace features: Fireplace(s)
    Interior area
    • Structure area source: Floor Plan
    • Total interior livable area: 13,227 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Patio & porch: Covered Patio
    • Exterior features: Other
    • Pool features: Private
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Ocean Front
    Lot
    • Size: 0.92 Acres
    • Features: Auto Sprinkler
    Details
    • Parcel number: 50434322050000050
    • Zoning: RB
    • Special conditions: Historic Designation

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Roof: Tile
    Condition
    • Resale
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Cable Connected

    Community & HOA

    Community
    • Security: Security System Owned
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $4,511/sqft
    • Tax assessed value: $44,008,793
    • Annual tax amount: $629,882
    • Inclusions: Refrigerator, Dryer, Washer, Dishwasher, Disposal, Microwave, ice maker, freezer, Range - Gas

    Price history

    DateEventPrice
    3/16/2021Sold$48,500,000-2%$3,667/sqft
    Source: Palm Beach BOR #20-975 Report a problem
    2/23/2021Pending sale$49,500,000$3,742/sqft
    Source: Douglas Elliman #RX-10630179 Report a problem
    6/12/2020Listed for sale$49,500,000$3,742/sqft
    Source: Douglas Elliman #RX-10630179 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$629,882 +8.4%$40,828,488 +10%
    2024$580,863 +11.9%$37,116,808 +10%
    2023$519,192 +8.7%$33,742,552 +10%
    2022$477,764 +201.1%$30,675,048 +217.8%
    2021$158,651 -0.2%$9,651,801 +1.4%
    2020$159,000 +0.6%$9,518,541 +2.3%
    2019$158,096 $9,304,537 +1.9%
    2018$158,096 +4.8%$9,131,047 +2.1%
    2017$150,830 -0.1%$8,943,239 +4.5%
    2016$150,919 +2.9%$8,559,373 +2.3%
    2015$146,709 -2.2%$8,365,539 +0.8%
    2014$150,053 +2.1%$8,299,146 +1.5%
    2013$147,014 +0.1%$8,176,499 +1.7%
    2012$146,860 +0.6%$8,039,822 +3%
    2011$145,929 +0.5%$7,805,652 +1.5%
    2010$145,200 +6.5%$7,690,298 +2.7%
    2009$136,391 +8%$7,488,119 +0.1%
    2008$126,313 +3.6%$7,480,638 +3%
    2007$121,950 -6.2%$7,262,755 +2.5%
    2006$130,059 $7,085,615 +3%
    2005-- $6,879,238 +3%
    2004$72,521 +69631.9%$6,678,872 +1.9%
    2003$104 -99.9%$6,554,340 +5.5%
    2002$124,689 +0.2%$6,214,099 +1.6%
    2001$124,385 +1.9%$6,116,239 +3%
    2000$122,051 +23.5%$5,938,096 +24.5%
    1999$98,818 $4,769,340
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $59,666,200
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    Estimated market value
    $59,666,200