1565 N Ocean Way, Palm Beach, FL 33480

$25,200,000
Property Type: Residential Bedrooms: 7 Baths: 9 Square Footage: 10,005 Status: Closed
Current Price: $25,200,000 List Date: 4/15/2016 Last Modified: 1/13/2026

Overview

Description

Ideally located on the north end of Palm Beach, this Peter Marino designed estate offers all of the luxuries of island living. Situated directly on the Atlantic Ocean the property has 3.4+ acres,expansive green space, a gated front entry, service entrance, a heated pool and guest house in addition to the approximately 10,000 square foot main residence. Marino took the existing home, built in 1937, and created a tropical retreat with an Indonesian and contemporary interior that showcases the spectacular ocean views. His attention to detail, use of space and choice of materials truly make this a one-of-a-kind residence sure to impress even the most discriminating buyer.

Listing Details MLS# R10226359

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
7
Bathrooms Total
9
Bathrooms Full
7
Bathrooms Half
2
Building Area Main
10005
Building Area Source
Owner
Living Area Main
7657
Year Built
1937
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Lot Size Dimensions
170.0 ft
Frontage Length
170
Senior Community YN
No
Waterfront YN
Yes
Stories Total
3
Stories
3
Direction Faces
East
Fireplace YN
Yes
Pool Private YN
Yes
Spa YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Breakfast Area; Formal Dining Exterior Features: Outdoor Shower Flooring: Wood; Other Guest House Features: 2 Baths; 2 Bedrooms Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Free-Standing Freezer; Refrigerator; Washer Architectural Style: Other Construction Materials: Brick Cooling: Central Air; Zoned Heating: Central; Zoned Interior Features: Built-in Features; Entrance Foyer; High Ceilings; Storage; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Barrel Security Features: Gated - No Guard; Security System Owned Sewer: Public Sewer Tax Information: City/County Utilities: Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Contingencies: None Room Types: Den; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 3 To Less Than 4 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2016-04-14
Original List Price
32000000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1565
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
50434234020000031
Zoning
R-A(ci
Directions
Ideally located on the north end of Palm Beach, this Peter Marino designed estate offers all of the luxuries of island living. Situated directly on the Atlantic Ocean the property has 3.4+ acres...

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
260296
Tax Year
2015
Tax Legal Description
BOCA RATONE CO INLET SUB S 75 FT OF LT 3 & LT 4 & 34-42-43, PT OF GOV LT 1 LYG E OF & ADJ TO IN OR22098P1270

Status Change Information

Major Change Timestamp
2017-06-16T14:57:28Z
Major Change Type
Status Change
Status Change Date
2017-06-16
Under Contract Date
2017-06-14
Close Date
2017-06-15
Close Price
25200000
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Storm Protection

Impact Glass
Partial
Permanent Generator
Whole House

Room Types

Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First
Den
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
3291.1
Original List Price To Close Price
1.26

Originating Details

Originating System Key
20160414212126480520000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

None
Yes

Dining Area

Breakfast Area
Yes
Formal Dining
Yes

Exterior Features

Outdoor Shower
Yes

Flooring

Wood
Yes
Other
Yes

Guest House Features

2 Baths
Yes
2 Bedrooms
Yes

Parking Features

Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes
Zoned
Yes

Water View

Ocean
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Free-Standing Freezer
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Brick
Yes

Interior Features

Built-in Features
Yes
Entrance Foyer
Yes
High Ceilings
Yes
Storage
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes

Listing Terms

Cash
Yes

Pool Features

In Ground
Yes

Roof

Barrel
Yes

Security Features

Gated - No Guard
Yes
Security System Owned
Yes

Water Source

Public
Yes

Waterfront Features

Ocean Front
Yes

Architectural Style

Other
Yes

Cooling

Central Air
Yes
Zoned
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Listing Agent Must Accompany
Yes

Master Bedroom/Bath

Bidet
Yes
Dual Sinks
Yes
Master Bdrm - Ground
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Contingencies

None
Yes

Acreage Description

3 To Less Than 4 Acre Lot
Yes

Room Information

Living Room Length: 35.00 Length: 35.00 Width: 24.00 Width: 24.00 Level: First Kitchen Length: 20.00 Length: 20.00 Width: 13.00 Width: 13.00 Level: First Master Bedroom Length: 21.00 Length: 21.00 Width: 19.00 Width: 19.00 Level: First Laundry
Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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