Check Availability
$10,995,000
↓ $1M (8.3%)
House - For Sale

1435 N Ocean Way

Palm Beach, FL 33480
bedrooms
4 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
3279 Sqft
$10,954,099
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Ideally located on a quiet north end street in Palm Beach, this beautifully renovated home features 3,803+\- total square feet with 4 bedrooms, and 4 and one half baths. The property features a pathway, accessible from the side yard, that leads to a private beach access. The main residence had an extensive 21 month total renovation with new impact windows, new appliances, new hardwood floors, custom cabinetry, new landscaping, newly upgraded pool, new lighting, and an air conditioned two-car garage. Each bedroom is complete with a renovated en suite bath. The ground floor master suite overlooks the spacious side yard and pool.Additionally, there is the possibility to create a 1,400 square foot grand master suite on the second floor with unobstructed views of the ocean (subject to

The manager has listed the unit size as 3279 square feet.
Unit Size
3,279Ft²
Days on Market
844 days
Land Size
-
Price per sqft
$3,353
Property Type
House
Property Taxes
$6,357
HOA Dues
-
Year Built
1967

Listed By

Todd Peter
Sotheby's Intl. Realty, Inc. (
Last updated: 7 months ago (RMLSFL #10769944)

Price History

Date / Event Date Event Price
Feb 18, 2023 Price Decreased $10,995,000
↓ $1M (8.3%)
Price Decreased
Dec 1, 2022 Price Decreased $11,995,000
↓ $505K (4%)
Price Decreased
Dec 1, 2022 Relisted $12,500,000
Relisted
Jun 28, 2022 No longer available -
No longer available
May 22, 2022 Relisted $12,500,000
Relisted
Show More

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Exterior Details

Pool Information

Pool

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 524
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,748
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 340
  • Total Building Area: 3,803
  • Gross Building Area: 3,803
  • Building Area: 3,279
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,279
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ESPLANADE ESTATE
  • Land Acres: 0.27
  • Legal Description 1: ESPLANADE ESTATES W 90 FT OF LT 2 & N 35 FT OF LT 2-A

Ownership

  • Current Owner : PLATINUM PALM BEACH HOLDINGS LLC
  • Previous Owner : MODO CAPITAL LLC
  • Owner Before Previous Owner: RODRIGUEZ HECTOR
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003507

Zoning

  • Zoning: BA

Geography

  • Assessors Map Reference: 105
  • Parcel: 50-43-42-34-07-000-0022
  • Lot: 2,2-A
  • Meridian: SEC 34 TWN 42S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7644
  • Longitude: -80.0381

    Address

  • Full Address: 1435 N Ocean Way
  • Address - House Number: 1435
  • Street Direction: N
  • Address - Street Name: Ocean
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 3048
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 3,477
  • Tax Year: 2022
  • Tax Amount: $77,150
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 50411

    Appraisal Valuation

  • Standard Deviation: 0.0858
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 23,444
  • High Value: 25,458
  • Low Value: 21,431

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $6,850,000
  • First Open Lien Mortgage Lender: ISRAEL DISCOUNT BANK OF NEW YO
  • First Open Lien Mortgage Recording Date: Feb 09, 2023
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $3,700,000
  • First Open Lien Mortgage Term: 297
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047
  • Second Open Lien Mortgage Lender: ISRAEL DISCOUNT BANK OF NEW YO
  • Second Open Lien Mortgage Recording Date: Feb 09, 2023
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $3,150,000
  • Second Open Lien Mortgage Term: 278
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: May 01, 2046

    Market Valuation

  • Market Total Value: $6,405,762
  • Market Land Value: $5,131,001
  • Market Improvement Value: $1,274,761

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,846,454

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Jan 13, 2021
  • Current Sale Transaction ID: 11816493793
  • Current Sale Price: $4,525,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 20210017329
  • Previous Sale Recording Date: Feb 26, 2018
  • Previous Sale Contract Date: Feb 23, 2018
  • Previous Sale Amount: $2,300,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,436 ft²
$2,590/ft²
$8,900,000 Mar 7, 2023
-
$2,037/mo
House
3 Beds
3 Baths
2,778 ft²
$3,960/ft²
$11,000,000 Jul 12, 2022
-
$3,625/mo

About Esplanade Estates


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Frequently Asked Questions

When was property at 1435 North Ocean Way built and last sold?
The property at 1435 North Ocean Way was built in 1967 and last sold on Dec 31, 2020 for $4,525,000.
How much is this home worth?
The estimated value of the home located at 1435 North Ocean Way is $11,046,103.
What are some comparable homes to 1435 North Ocean Way?
Homes that are comparable to 1435 North Ocean Way include a house property at 259 Queens Lane, 1287 North Ocean Way, which are both great to check out.

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