1519 N Ocean Way, Palm Beach, FL 33480 (MLS# R11062795)

1519 N Ocean Way, Palm Beach, FL 33480

$48,500,000

Virtual Tour

https://www.propertypanorama.com/1519-N-Ocean-Way-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 10 Baths: 12 Square Footage: 12,928 Lot Size (sq. ft.): 78,844 Status: Closed

Current Price: $48,500,000 List Date: 2/15/2025 Last Modified: 1/10/2026

Overview

Description

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.

Listing Details MLS# R11062795

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 10
Bathrooms Total: 12
Bathrooms Full: 11
Bathrooms Half: Yes
Building Area Main: 12928
Building Area Source: Public Records
Living Area Main: 9136
Year Built: 1936
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 78974
Lot Size Acres: 1.81
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: West
Fireplace YN: Yes
Pool Private YN: Yes
Furnished: Unfurnished

Property Features

Dining Area: Formal Dining Electric: Three Phase Flooring: Wood; Other Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer; Cooktop Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Cathedral Ceiling(s); French Doors; Kitchen Island; Pantry; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Barrel Sewer: Public Sewer Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Appointment Only; Call Listing Agent; Occupied Occupant Details: Tenant Occupied Outdoor Living Spaces: Balcony; Patio; Porch Balcony Details: Balcony - Covered; Balcony - Wrap Around Patio Details: Patio - Covered; Patio - Open Porch Details: Porch - Open Contingencies: None Room Types: Den; Family Room; Kitchen; Living Room; Maid/In-Law Quarters; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2025-02-15
Original List Price: 54900000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1519
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Way
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: BOCA RATONE COLET
Area: 5001
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434234020000081
Zoning: Residential
Directions: North on North Ocean Blvd to Mediterranean and right to North Ocean Way

Financial Information

Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 376962
Tax Year: 2024
Tax Legal Description: BOCA RATONE CO INLET SUB LT 8 (LESS S 5 FT & TH PT IN OR6877P948)

Status Change Information

Major Change Timestamp: 2025-05-14T18:56:51Z
Major Change Type: Status Change
Status Change Date: 2025-05-14
Under Contract Date: 2025-04-03
Close Date: 2025-05-14
Close Price: 48500000
Buyer Financing: Cash

More Information

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: 4
Main Level Bedrooms: 3

Showing Details

Pet(s) on Premises: No

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Family Room Level: First
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: Second
Den: Yes
Family Room: Yes
Kitchen: Yes
Living Room: Yes
Maid/In-Law Quarters: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 5308.66
Original List Price To Close Price: 1.13

Originating Details

Originating System Key: 20250214215758860119000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Street Lights: Yes
None: Yes

Dining Area

Formal Dining: Yes

Electric

Three Phase: Yes

Flooring

Wood: Yes
Other: Yes

Parking Features

Garage Door Opener: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes

Water View

Ocean: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes
Cooktop: Yes

Construction Materials

CBS: Yes

Interior Features

Cathedral Ceiling(s): Yes
French Doors: Yes
Kitchen Island: Yes
Pantry: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

In Ground: Yes

Roof

Barrel: Yes

Water Source

Public: Yes

Waterfront Features

Ocean Front: Yes

Cooling

Central Air: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Occupied: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Master Bdrm - Upstairs: Yes
Separate Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

None: Yes

Tax Information

City/County: Yes

Occupant Details

Tenant Occupied: Yes

Outdoor Living Spaces

Balcony: Yes
Patio: Yes
Porch: Yes

Balcony Details

Balcony - Covered: Yes
Balcony - Wrap Around: Yes

Patio Details

Patio - Covered: Yes
Patio - Open: Yes

Porch Details

Porch - Open: Yes

Contingencies

None: Yes

Acreage Description

1 To Less Than 2 Acre Lot: Yes

Room Information

Living Room Length: 53.00 Length: 53.00 Width: 27.00 Width: 27.00 Level: First Kitchen Length: 17.00 Length: 17.00 Width: 17.00 Width: 17.00 Level: First Master Bedroom Length: 27.00 Length: 27.00 Width: 17.00 Width: 17.00 Level: Second Family Room Length: 21.00 Length: 21.00 Width: 17.00 Width: 17.00 Level: First Maid/In-Law Quarters

Listing Office: The Corcoran Group

Last Updated: January - 10 - 2026

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