by Global Lifestyle Properties

See Home Value
$4,525,000
● House - Off Market

1435 N Ocean Way

Palm Beach, FL 33480
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,279 Ft²
$6,566,560
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

After an extensive 18 month renovation, this Northend four bedroom home with direct access to a private deeded beach parcel is now ready. Completely renovated and redesigned from the ground up, this property features new high-end impact windows and exquisite hardwood floors throughout, as well as a large open kitchen with custom wood cabinetry and upgraded appliances. This home has been professionally decorated and furnished by a renowned Palm Beach designer. The landscaping prioritizes the privacy and seclusion of residents within a friendly and safe neighborhood. This home combines contemporary style and traditional elegance to appeal to today's buyers. Amenities include a ground floor master suite, two additional bedrooms, (each with its own bath), an eat-in kitchen with custom made cabinets, large dining room / living room, two car garage as well as a very large second floor which can be an additional master suite, an in-law suite, or an incredible home office. The property currently exceeds all Palm Beach code requirements for electric, plumbing, and irrigation.

The residence is located on a quiet street and features a walkway accessible from the side yard that leads to your own 35 foot parcel on the beach, where you can create your dream cabana, perfect for Palm Beach entertaining on the ocean. After a day at the beach, leave your paddleboard and beach chairs, and walk back down the private path to relax in the a newly updated in-ground pool - conveniently located just off the the ground floor living area, with an additional separate entrance to the master suite. This gorgeous Palm Beach escape awaits you and your family.
Unit Size
3,279 Ft²
Days on Market
183 days
Land Size
0.28 acres
Price per sqft
$1,524
Property Type
House
Property Taxes
$3,120
HOA Dues
-
Year Built
1967

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Last updated: 4 months ago (Beaches MLS #R10597038)

Price History

Date / Event Date Event Price
Jun 2, 2024 No longer available -
No longer available
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
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Property Highlights

Garage
Air Conditioning

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
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 524
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 8

    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: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,279
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESPLANADE ESTATE
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: ESPLANADE ESTATES W 90 FT OF LT 2 & N 35 FT OF LT 2-A

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: $7,714,963
  • Initial Tax Delinquent 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

    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 Price:
  • Current Sale Document Type: 71
  • 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: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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 $9,455,884.
What are some comparable homes to 1435 North Ocean Way?
There are currently no comparable homes to 1435 North Ocean Way.