240 N Ocean Boulevard, Palm Beach, FL 33480

$26,670,750
Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 7,630 Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $26,670,750 List Date: 11/06/2024 Last Modified: 3/13/2026

Overview

Description

There are only 23 ocean front single family homes ''in town'' on the Island of Palm Beach. There is only ONE available for purchase. Welcome home! 240 North Ocean Blvd is a spectacular oceanfront estate available on the island of Palm Beach in an A+ center of town location. This rare find is one of a few properties with a deeded private beach parcel directly on the sand. Spanning 100 feet, the private beach parcel offers exclusive access to the pristine sands and Atlantic Ocean sapphire blue water. The home's elegant floor plan is designed around the stunning views, with communal areas overlooking the pool and ocean. Two primary suites face the ocean, while two guest suites share a sun deck to the West.

Supplements: Additional features include formal and informal dining and living rooms, exercise room, sauna, library, fireplace, and two first floor guest bedrooms. Don't miss this opportunity to own a piece of Palm Beach oceanfront paradise.

Listing Details MLS# R11034592

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
6
Bathrooms Total
8
Bathrooms Full
6
Bathrooms Half
2
Building Area Main
7630
Building Area Source
Public Records
Living Area Main
5410
Year Built
1992
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Lot Size Area
19576
Lot Size Acres
0.45
Frontage Length
100
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Breakfast Area; Formal Dining Electric: Three Phase Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer Architectural Style: Old Spanish Construction Materials: CBS; Stucco Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Split; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Concrete; Tile Security Features: Security System Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Window Features: Casement Showing Requirements: Text Listing Agent; See Remarks Outdoor Living Spaces: Balcony; Patio; Porch Balcony Details: Balcony - Open Patio Details: Patio - Open Contingencies: None Room Types: Den; Family Room; Florida Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2024-11-06
Original List Price
38000000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
240
Street Direction Prefix
N
Street Name
Ocean
Street Suffix
Boulevard
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
PROXIMITY PARK
Area
5002
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434314090000190
Zoning
R-B(ci
Directions
Head North on County Rd and then East on Atlantic Ave.

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
93140.3
Tax Year
2023
Tax Legal Description
PROXIMITY PARK LTS 19, 20 & 41

Status Change Information

Major Change Timestamp
2025-04-15T13:54:05Z
Major Change Type
Status Change
Price Change Timestamp
2025-01-21T20:36:29Z
Status Change Date
2025-04-15
Under Contract Date
2025-03-13
Close Date
2025-04-14
Close Price
26670750
Buyer Financing
Cash

More Information

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Storm Protection

Panel Shutters
Complete

Showing Details

Pet(s) on Premises
Yes

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Den
Yes
Family Room
Yes
Florida Room
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
4929.89
Original List Price To Close Price
1.42

Originating Details

Originating System Key
20241107091925695720000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

None
Yes

Dining Area

Breakfast Area
Yes
Formal Dining
Yes

Electric

Three Phase
Yes

Parking Features

Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Water View

Ocean
Yes

Window Features

Casement
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free-Standing Freezer
Yes
Gas Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

CBS
Yes
Stucco
Yes

Interior Features

Bedroom Layout - Split
Yes
Entrance Foyer
Yes
French Doors
Yes
High Ceilings
Yes
Kitchen Island
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Pool Features

In Ground
Yes

Roof

Concrete
Yes
Tile
Yes

Security Features

Security System
Yes

Water Source

Public
Yes

Waterfront Features

Ocean Front
Yes

Architectural Style

Old Spanish
Yes

Cooling

Central Air
Yes

Showing Requirements

Text Listing Agent
Yes
See Remarks
Yes

Master Bedroom/Bath

2 Master Baths
Yes
2 Master Suites
Yes
Dual Sinks
Yes
Master Bdrm - Upstairs
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes
Porch
Yes

Balcony Details

Balcony - Open
Yes

Patio Details

Patio - Open
Yes

Contingencies

None
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Room Information

Living Room Length: 26.00 Length: 26.00 Width: 22.00 Width: 22.00 Level: Main Kitchen Length: 27.00 Length: 27.00 Width: 16.00 Width: 16.00 Level: Main Master Bedroom Length: 19.00 Length: 19.00 Width: 16.00 Width: 16.00 Level: Main Family Room Florida Room Laundry
Listing Office: Compass Florida LLC
IDX
Last Updated: March - 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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