1240 N Ocean Boulevard, Palm Beach, FL 33480
$6,800,000
Property Type:
Residential
Bedrooms:
8
Baths:
10
Square Footage:
10,043
Status:
Closed
Current Price:
$6,800,000
List Date:
7/01/2010
Last Modified:
1/11/2026
Description
This ocean front Mediterranean Estate has not been offered for sale in 30 years. The residence features over 10,000 sq. ft. Formal living room with fireplace, formal dining room with pecky cypress ceiling, wood paneled library overlooking gardens, master bedroom with terrace overlooking ocean. Enclosed sun filled loggia, eat in kitchen with butlers pantry, guest cottage and staff apartment.
More Information MLS# R3121521
Contract Information
Comp Sale YN: No
Listing Contract Date: 2010-07-01
Status: Closed
Original List Price: 8500000
Sold Price: $6,800,000
Current Price: $6,800,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Development Name: Alto Lido
Geographic Area: PB30
Special Assessment YN: No
Building Name: 1240
Country: United States
Street Number: 1240
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Boulevard
State Or Province: FL
Postal Code: 33480
Subdivision Name: Alto Lido
Area: 5001
Parcel Number: 50434303080000010
Zoning: Resident
Directions: North Ocean Blvd to 1240
General Property Information
Living Area Main: 8910
Lot Size Dimensions: 140X246X140X263
Senior Community YN: No
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Pool Private YN: No
LP/Assessed Value: 1.22
Property Sub Type: Single Family Residence
Bedrooms Total: 8
Bathrooms Total: 10
Bathrooms Full: 9
Bathrooms Half: 1
Building Area Main: 10043
Year Built: 1925
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Direction Faces: East
Financial Information
Tax Assessed/SOH Value: 6949958
Tax Annual Amount: 171841
Tax Year: 2009
Tax Legal Description: Alto Lido Lot:1 Blk: Lot SqFt: Frontage: Depth:
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2010-07-01T05:00:01Z
Major Change Type: New Listing
Status Change Date: 2010-09-01
Under Contract Date: 2010-08-13
Close Date: 2010-09-01
Close Price: 6800000
Amenities
Private Beach Pavilion: 1
Exterior Features
Awning(s): 1
Outdoor Shower: 1
Flooring
Carpet: 1
Terrazzo: 1
Wood: 1
Parking Features
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Other Structures
Cabana: 1
Possession
Close Of Escrow: 1
Special Information
Sold As-Is: 1
Utilities
Water Available: 1
Heating
Central: 1
Sprinkler Description
Zoned Sprinkler: 1
Water Access
Ocean Access: 1
Water View
Ocean: 1
Window Features
Jalousie: 1
Sliding: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Interior Features
Cabana Bath: 1
Cathedral Ceiling(s): 1
Pantry: 1
Storage: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Laundry Features
Inside: 1
Laundry Closet: 1
Listing Terms
Cash: 1
Conventional: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Architectural Style
Mediterranean: 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Master Bedroom/Bath
Combo Tub/Shower: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Room Types
Bedroom 2: 1
Bedroom 3: 1
Bedroom 4: 1
Bedroom 5: 1
Den: 1
Dining Room: 1
Family Room: 1
Florida Room: 1
Garage Apartment: 1
Kitchen: 1
Laundry: 1
Living Room: 1
Maid/In-Law Quarters: 1
Master Bedroom: 1
Price Calculations
Current Price To SqFt: 763.18
Original List Price To Close Price: 1.25
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 20130205042108466999000000
Originating System ID: M00000170
Property Features
Exterior Features: Awning(s); Outdoor Shower
Flooring: Carpet; Terrazzo; Wood
Parking Features: Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer
Architectural Style: Mediterranean
Cooling: Central Air
Heating: Central
Interior Features: Cabana Bath; Cathedral Ceiling(s); Pantry; Storage; Vaulted Ceiling(s); Walk-In Closet(s)
Laundry Features: Inside; Laundry Closet
Listing Terms: Cash; Conventional
Other Structures: Cabana
Pets Allowed YN: Yes
Possession: Close Of Escrow
Restrictions: No Restrictions
Special Information: Sold As-Is
Sprinkler Description: Zoned Sprinkler
Tax Information: City/County
Utilities: Water Available
Water Access: Ocean Access
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front
Window Features: Jalousie; Sliding
Showing Requirements: Call Listing Agent
Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Family Room; Florida Room; Garage Apartment; Kitchen; Laundry; Living Room; Maid/In-Law Quarters; Master Bedroom
Acreage Description: 1/2 To Less Than 1 Acre Lot
Room Information
Bedroom 2
Length: 16.00
Length: 16.00
Width: 15.00
Width: 15.00
Bedroom 3
Length: 17.00
Length: 17.00
Width: 16.00
Width: 16.00
Bedroom 4
Length: 19.00
Length: 19.00
Width: 14.00
Width: 14.00
Bedroom 5
Length: 19.00
Length: 19.00
Width: 12.00
Width: 12.00
Dining Room
Length: 17.00
Length: 17.00
Dining Room
Width: 19.00
Width: 19.00
Family Room
Length: 22.00
Length: 22.00
Width: 19.00
Width: 19.00
Kitchen
Length: 16.00
Length: 16.00
Width: 16.00
Width: 16.00
Living Room
Length: 19.00
Length: 19.00
Width: 38.00
Width: 38.00
Master Bedroom
Length: 19.00
Length: 19.00
Width: 18.00
Width: 18.00
Florida Room
Garage Apartment
Maid/In-Law Quarters
Laundry
Listing Office:
Unknown Office
Last Updated: January - 11 - 2026
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