When was property at 1565 North Ocean Way built and last sold?

The property at 1565 North Ocean Way was built in 1937 and last sold on Jun 15, 2017 for $23,700,000.

How much is this home worth?

The estimated value of the home located at 1565 North Ocean Way is $0.

What are some comparable homes to 1565 North Ocean Way?

There are currently no comparable homes to 1565 North Ocean Way.

Palm Beach

33480

1565 N Ocean Way

$25,200,000

● House - Off Market

1565 N Ocean Way

Palm Beach, FL 33480

7 Beds

7 Baths, 2 Half Baths

7,657 Ft²

$51,374,296

RealtyHop Estimate

60.54%

Since Jul 1, 2017

National-US

Primary Model

About This Property

Ideally located on the north end of Palm Beach, this Peter Marino designed estate offers all of the luxuries of island living. Situated directly on the Atlantic Ocean the property has 3.4+ acres,expansive green space, a gated front entry, service entrance, a heated pool and guest house in addition to the approximately 10,000 square foot main residence. Marino took the existing home, built in 1937, and created a tropical retreat with an Indonesian and contemporary interior that showcases the spectacular ocean views. His attention to detail, use of space and choice of materials truly make this a one-of-a-kind residence sure to impress even the most discriminating buyer.

Unit Size

7,657 Ft²

Days on Market

426 days

Land Size

Price per sqft

$4,179

Property Type

House

Property Taxes

$21,691

HOA Dues

Year Built

1937

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R10226359)

Price History

Date / Event	Date	Event
Jun 29, 2017	Sold	Premium
Sold
Apr 14, 2016	Listed by Sotheby's Intl. Realty, Inc.	$32,000,000
Listed by Sotheby's Intl. Realty, Inc.
Sep 3, 2008	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1937

Effective Year Built: 2005
Building Count: 2
Bedroom Count: 4
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 525
Parking Space Count: 2
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 149,973

Lot Size Depth Feet: 310
Lot Size Frontage Feet: 6,820
Total Building Area: 6,319
Gross Building Area: 10,005
Building Area: 6,319
Building Area Measurement: B

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 7,657
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BOCA RATONE CO INLET SUB
Land Acres: 0000003443
Standard Land Use Code: 0027
State Land Use Code: 00
Legal Description 1: BOCA RATONE CO INLET SUB S 75 FT OF LT 3 & LT 4 & 34-42-43, PT OF GOV LT 1 LYG E OF & ADJ TO IN OR22098P1270

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003507

Zoning

Zoning: RA

Geography

Parcel: 50-43-42-34-02-000-0031

Lot: 3, 4
Meridian: SEC 34 TWN 42S RNG 43E
Municipality: PALM BEACH
Latitude: 26.7691
Longitude: -80.0371

Address

Full Address: 1565 N Ocean Way

Address - House Number: 1565
Street Direction: N
Address - Street Name: Ocean
Address - Suffix Type: Way
State: FL
City Name: Palm Beach
Carrier Code: C001
4-Digit Zip Code: 3050
Zip Code: 33480

Valuation

Tax

Tax Year: 2018

Tax Amount: $34,298,670
Tax Rate Code Area: 50411

Appraisal Valuation

Standard Deviation: 0.1461

Valuation Date: Jul 17, 2019
Confidence Score: 70
Final Value: 4,191,231
High Value: 4,803,839
Low Value: 3,578,622

Market Valuation

Market Total Value: $20,770,221

Market Land Value: $20,770,221

Assessments Valuation

Assessed Year: 2018

Assessed Total Value: $20,770,221
Assessed Land Value: $20,770,221

Sales

Current Sale Contract Date: Jun 15, 2017

Current Sale Recording Date: Jun 29, 2017
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20170236479
Previous Sale Recording Date: Sep 03, 2008
Previous Sale Contract Date: Sep 02, 2008
Previous Sale Amount: $23,500,000
Previous Sale Document Type: 71

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

Request mortgage information redaction

Comparables

About Palm Beach

Stats & Trends

Median Asking:

$2,485,000

Sale Price/ft²

$1,403

Above Asking

0.29%

Average Days on Market

122

Average Home Size

3035 ft²

Average Home Age

51.4 years

Currently For Sale

246 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 219 33rd Street, West Palm Beach, FL, 33407

$8,500 /mo

4 Beds
4 Baths
2,289 ft²

219 33rd Street, West Palm Beach, FL, 33407 Listing by John Stauffenberg

Unit for rent at 1051 Sugar Sands Boulevard, Riviera Beach, FL, 33404

$5,000 /mo

2 Beds
2 Baths
1,143 ft²

1051 Sugar Sands Boulevard #255, Riviera Beach, FL, 33404 Listing by Dawn Sacco Paskalides

Unit for rent at 145 Ocean Avenue, Palm Beach Shores, FL, 33404

$3,500 /mo

1 Bed
1 Bath
504 ft²

145 Ocean Avenue #303, Palm Beach Shores, FL, 33404 Listing by Jaimee S Peirce

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Cristina B. Condon
Sotheby's Intl. Realty, Inc.
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10226359

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.

1565 N Ocean Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Palm Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions