When was property at 1048 South Ocean Boulevard built and last sold?

The property at 1048 South Ocean Boulevard was built in 1952 and last sold on Nov 18, 1994 for $1,125,000.

How much is this home worth?

The estimated value of the home located at 1048 South Ocean Boulevard is $18,432,500.

What are some comparable homes to 1048 South Ocean Boulevard?

There are currently no comparable homes to 1048 South Ocean Boulevard.

Palm Beach

33480

1048 S Ocean Boulevard

Map

$18,250,000

● Land - For Sale

1048 S Ocean Boulevard

Palm Beach, FL 33480

Studio

0 Bath

$99,869

Est. Monthly

About This Property

Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this exceptional 12,632± square foot Estate Section parcel presents a rare opportunity in one of Palm Beach's most sought-after locations. With private deeded beach access and potential for ocean views from upper levels, the property allows for flexibility to renovate the existing residence or build a custom new construction home. Set among notable estates and moments from the sand, this premier lot provides the flexibility to design and build a bespoke Palm Beach retreat, all within minutes of Worth Avenue, world-class dining, and shopping.

Unit Size

Days on Market

275 days

Land Size

0.29 acres

Price per sqft

Property Type

Land

Property Taxes

$10,258

HOA Dues

Year Built

1952

Listed By

Liz DeWoody

[email protected]

Compass Florida, LLC (PB)

Payment Calculator

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Last updated: 3 months ago (Beaches MLS #R11163573)

Price History

Date / Event	Date	Event
Feb 13, 2026	Listed by Compass Florida LLC	$18,250,000
Listed by Compass Florida LLC
Oct 30, 2025	Price Decreased	$18,250,000 ↓ $6M (23.8%)
Price Decreased
Apr 25, 2024	Listed by Compass Florida LLC	$23,950,000
Listed by Compass Florida LLC

	Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this elegant John Volk-designed Regency home offers timeless Palm Beach appeal with private deeded beach access and sweeping ocean views. Featuring five bedrooms, six full and two half baths, the residence includes two oceanview balconies and a 40-by-20-foot lap pool surrounded by manicured gardens. Perfect for entertaining or as a serene seaside retreat, the property presents an exceptional opportunity to reimagine, renovate, or build a dream home in the prestigious Estate Section—steps from the sand and minutes from Worth Avenue.
Nov 28, 1994	Sold	Premium
Sold

Property Highlights

Elevator

Garage

Exterior Details

Waterfront Features: Beach Access, Ocean Access, DeededAccess

Lot Features: City Lot, QuarterToHalfAcreLot

Lot Size Area: 12740

Lot Size Units: Square Feet

Lot Size Acres: 0.29

Lot Size Square Feet: 12740

Lot Size Dimensions: 141.0 ft x 83.0 ft

Water Source: Public

Financial Details

Tax Annual Amount: $123,097

Utilities Details

Sewer : Public Sewer

Building Info

Overview

General

Year Built: 1952

Effective Year Built: 1960
Building Count: 1
Bedroom Count: 5
Bathroom Count: 7
Full Bathrooms: 7
Partial Bathrooms: 7
Building Condition: 6
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 6
Roof Shape Type: 6
Roof Cover Type: 2
Floor Count: 200
Living Units: 1
Floor Cover: 7
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 441
Parking Space Count: 2
Patio Type: 5
Porch Type: 126
Pool Type: 8
Location Influence Type: 255

Dimensions

Lot Size Square Feet: 12,741

Lot Size Depth Feet: 80
Lot Size Frontage Feet: 1,410
Total Building Area: 7,593
Gross Building Area: 7,593
Building Area: 6,676
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 6,676
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: OCEAN
Land Acres: 0000000293
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: 35-43-43, ELY 103.82 FT OF NLY171.66 FT OF S 1935.25 FT OF GOV LT 2 W OF OCEAN BLVD

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003514

Zoning

Zoning: R-A

Geography

Assessors Map Reference: 180

Parcel: 50-43-43-35-00-002-0290
Block: 2
Lot: 2
Meridian: SEC 35 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.6794
Longitude: -80.0361

Address

Full Address: 1048 S Ocean Blvd

Address - House Number: 1048
Street Direction: S
Address - Street Name: Ocean
Address - Suffix Type: Blvd
State: FL
City Name: Palm Beach
Carrier Code: C016
4-Digit Zip Code: 4933
Zip Code: 33480

Valuation

Tax

Total Area: 6,813

Tax Year: 2022
Tax Amount: $9,296,611
Tax Rate Code Area: 50417

Appraisal Valuation

Standard Deviation: 0.0858

Valuation Date: Jan 03, 2024
Confidence Score: 93
Final Value: 56,776
High Value: 61,653
Low Value: 51,899

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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Market Valuation

Market Total Value: $7,447,319

Market Land Value: $6,030,000
Market Improvement Value: $1,417,319

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $4,852,078

Sales

Current Sale Contract Date: Nov 18, 1994

Current Sale Recording Date: Nov 28, 1994
Current Sale Price:

Premium
Current Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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Financing

First Mortgage Financing Type: FIX

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Palm Beach

Stats & Trends

Median Asking:

$2,485,000

Sale Price/ft²

$1,392

Above Asking

0.30%

Average Days on Market

122

Average Home Size

3065 ft²

Average Home Age

51.3 years

Currently For Sale

253 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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$7,500 /mo

1 Bed
1 Bath
643 ft²

227 Brazilian Avenue #2H, Palm Beach, FL, 33480 Listing by Wahkuna Vega-Farrell

Unit for rent at 810 Park Place, West Palm Beach, FL, 33401

$5,950 /mo

3 Beds
2 Baths
2,196 ft²

810 Park Place #1E, West Palm Beach, FL, 33401 Listing by Sabrina La'Paige Church

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Listed by: Elizabeth DeWoody
Compass Florida LLC
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11163573

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.