1198 N Ocean Way, Palm Beach, FL 33480
$11,825,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
3,281
Status:
Closed
Current Price:
$11,825,000
List Date:
2/15/2022
Last Modified:
1/13/2026
Description
Rare opportunity to come to market! Located on a pristine corner lot, 1198 N Ocean Blvd is a Bermuda Style home with 3 bedrooms and a den / 3 bathrooms only three properties from the ocean on the North End of the Island. Perfect for entertaining in every way including a gorgeous pool area with outdoor dining space and spacious living room with a fireplace. This property has privileges at the best oceanfront cabana on the entire island that has access only from its streets residents.
More Information MLS# R10770539
Contract Information
Comp Sale YN: No
Listing Contract Date: 2022-01-13
Status: Closed
Original List Price: 11900000
Sold Price: $11,825,000
Current Price: $11,825,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Street Number: 1198
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: Wells Road & North
Area: 5001
Parcel Number: 50434303090000171
Zoning: R-B
Directions: North on N County Rd, West on Mockingbird Trail, North on N Ocean Way
General Property Information
Living Area Main: 2471
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 1
Stories: 1
Fireplace YN: Yes
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: 1
Building Area Main: 3281
Building Area Source: Plans
Year Built: 1951
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Direction Faces: East
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 21499
Tax Year: 2021
Tax Legal Description: MOCKING BIRD TRAIL TRACT LT 17 (LESS W 2.25 FT) & UND INT IN PT OF LTS 19A, 20A & UNMBRD TR AS IN DB863P260 K/A PRIV BCH
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2022-06-30T18:44:05Z
Major Change Type: Status Change
Status Change Date: 2022-06-30
Under Contract Date: 2022-03-08
Close Date: 2022-06-30
Close Price: 11825000
Amenities
None: 1
Dining Area
Formal Dining: 1
Electric
Three Phase: 1
Flooring
Marble: 1
Wood: 1
Parking Features
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Unit Description
Corner/End Unit: 1
Water Access
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Free-Standing Freezer: 1
Gas Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Laundry Features
Inside: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
Heated: 1
Roof
Concrete: 1
Tile: 1
Water Source
Public: 1
Architectural Style
Other: 1
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Text Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Master Bedroom/Bath
Master Bdrm - Ground: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Complete
Tax Information
Homestead Exemption: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Patio: 1
Porch: 1
Patio Details
Patio - Covered: 1
Contingencies
None: 1
Room Types
Den: 1
Kitchen: 1
Kitchen Level: Main
Laundry: 1
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 4785.51
Original List Price To Close Price: 1
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Originating Details
Originating System Key: 20220117190616350138000000
Originating System ID: M00000170
Property Features
Dining Area: Formal Dining
Electric: Three Phase
Flooring: Marble; Wood
Parking Features: Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer
Architectural Style: Other
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Laundry Features: Inside
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pool Features: Heated
Restrictions: No Restrictions
Roof: Concrete; Tile
Sewer: Public Sewer
Tax Information: Homestead Exemption
Unit Description: Corner/End Unit
Utilities: Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent
Outdoor Living Spaces: Patio; Porch
Patio Details: Patio - Covered
Contingencies: None
Room Types: Den; Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
Living Room
Length: 25.80
Length: 25.80
Width: 15.00
Width: 15.00
Level: Main
Kitchen
Length: 21.00
Length: 21.00
Width: 9.00
Width: 9.00
Level: Main
Master Bedroom
Length: 15.80
Length: 15.80
Width: 15.40
Width: 15.40
Level: Main
Laundry
Documents
Floorplan ›
Listing Office:
Serhant
Last Updated: January - 13 - 2026
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