When was property at 1071 North Ocean Boulevard built and last sold?

The property at 1071 North Ocean Boulevard was built in 2016 and last sold on Jul 1, 2019 for $40,871,000.

How much is this home worth?

The estimated value of the home located at 1071 North Ocean Boulevard is $0.

What are some comparable homes to 1071 North Ocean Boulevard?

There are currently no comparable homes to 1071 North Ocean Boulevard.

Palm Beach

33480

1071 N Ocean Boulevard

Sold on Jul 1, 2019

Map

$40,870,915

● House - Off Market

1071 N Ocean Boulevard

Palm Beach, FL 33480

7 Beds

7 Baths, 9 Half Baths

32,661 Ft²

$87,903,321

RealtyHop Estimate

46.75%

Since Aug 1, 2019

National-US

Primary Model

About This Property

Magnificent Palm Beach direct oceanfront estate with a sprawling 242 feet +/- of beach frontage. Built by Hugh Davis in a French Normandy style, this one-of-a-kind custom estate includes 5 bedrooms, 7 full and 9 half bathrooms along with two fully appointed guest apartments and 8 car garage. The home offers 35,000 +/- square feet of indoor and outdoor living space with ocean views from almost every room due to its perfectly thought out floor plan. An entertainers dream complete with library, home theater, wine room, fitness center, barber shop, and so much more. Breathtaking backyard with outdoor loggia, summer kitchen, infinity pool and spa overlooking the tranquil beaches of the North End.

Unit Size

32,661 Ft²

Days on Market

122 days

Land Size

1.77 acres

Price per sqft

$1,834

Property Type

House

Property Taxes

$70,496

HOA Dues

Year Built

2016

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Beaches MLS #R10509115)

Price History

Date / Event	Date	Event
Jul 1, 2019	Sold	Premium
Sold
Mar 1, 2019	Listed by Douglas Elliman	$59,900,000
Listed by Douglas Elliman
Aug 1, 2011	Sold	Premium
Sold

Property Highlights

Elevator

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2016

Effective Year Built: 2016
Building Count: 1
Bedroom Count: 7
Bathroom Count: 12
Full Bathrooms: 7
Partial Bathrooms: 12
Building Condition: 6
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 14
Roof Shape Type: 11
Roof Cover Type: 18
Floor Count: 300
Living Units: 1
Floor Cover: 7
Basement Type: 3
Basement Area: 6,357
Garage Type: 1
Garage Square Area: 2,244
Parking Space Count: 8
Patio Type: 60
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 64,268

Lot Size Depth Feet: 280
Lot Size Frontage Feet: 2,490
Total Building Area: 37,759
Gross Building Area: 37,759
Building Area: 21,309
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 21,309
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: V
Subdivision: NEW SIEARS TR
Land Acres: 0000001475
Standard Land Use Code: 8000
County Land Use Code: 0100
Legal Description 1: NEW SIEARS TR LT B & 2/3-43-43, S 122.20 FT OF N 800.41 FT OF GOV LT 1 SEC 2 &

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003507

Zoning

Zoning: R-A

Geography

Assessors Map Reference: 116

Subdivision Tract Number: LT
Parcel: 50-43-43-03-14-000-0360
Lot: B,1
Meridian: SEC 03 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.7517
Longitude: -80.0364

Address

Full Address: 1071 N Ocean Blvd

Address - House Number: 1071
Street Direction: N
Address - Street Name: Ocean
Address - Suffix Type: Blvd
State: FL
City Name: Palm Beach
Carrier Code: C003
4-Digit Zip Code: 3230
Zip Code: 33480

Valuation

Tax

Total Area: 25,677

Tax Year: 2022
Tax Amount: $112,844,150
Tax Rate Code Area: 50411

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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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Second Open Lien Mortgage Lender:

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Second Open Lien Mortgage Recording Date:

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Second Open Lien Mortgage Loan Amount:

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Second Open Lien Mortgage Term:

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Second Open Lien Mortgage Position:

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Second Open Lien Mortgage Loan Type:

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Second Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $103,982,772

Market Land Value: $38,898,750
Market Improvement Value: $65,084,022

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $49,861,211

Sales

Current Sale Contract Date: Jul 01, 2019

Current Sale Recording Date: Jul 01, 2019
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20190240614
Previous Sale Recording Date: Aug 01, 2011
Previous Sale Contract Date: Jul 29, 2011
Previous Sale Amount: $16,886,790
Previous Sale Document Type: 27

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Financing Type:

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Previous Mortgage Loan Amount:

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Previous Mortgage Loan Type:

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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:

$2,685,000

Sale Price/ft²

$1,438

Above Asking

0.32%

Average Days on Market

109

Average Home Size

2979 ft²

Average Home Age

52.1 years

Currently For Sale

318 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

Nearby Rentals

Unit for rent at 520 28th Street, West Palm Beach, FL, 33407

$9,000 /mo

3 Beds
1 Bath
1,296 ft²

520 28th Street, West Palm Beach, FL, 33407 Listing by Seth Koretzky

Unit for rent at 406 35th Street, West Palm Beach, FL, 33407

$7,750 /mo

3 Beds
2 Baths
1,835 ft²

406 35th Street, West Palm Beach, FL, 33407 Listing by Alexander Furman

Unit for rent at 515 52nd Street, West Palm Beach, FL, 33407

$5,000 /mo

2 Beds
2 Baths
1,090 ft²

515 52nd Street, West Palm Beach, FL, 33407 Listing by Jose Orlando Ramirez

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Ashley D. McIntosh
Douglas Elliman
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10509115

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.