3224 N Ocean Boulevard
About This Property
3224 North Ocean Boulevard, Gulf Stream, Florida: Established as an exclusive winter resort in the 1920's, Gulf Stream is a hidden gem in the heart of South Florida's fabled Gold Coast. This quiet oceanfront hamlet, prized for exceptional quality of life and historic charm, is served by a winding stretch of Ocean Boulevard, canopied with Australian pines, that has been designated a Historic Scenic Highway.
PROPERTY:
On one of the largest properties in the neighborhood along North Ocean Boulevard, a designated Historic Scenic Highway, on manicured landscaped 1.26 acres, the driveway meanders through the expansive, green-carpeted lawn punctuated by mature shade trees and towering palms, providing a distinctive sense of arrival. Hedged for privacy in the sprawling back yard, the loggia, with a retractable awning, overlooks the sun-splashed pool set within a large patio edged with pocket gardens.
RESIDENCE:
A legacy property presenting a coveted resort-style lifestyle, this remarkable four-bedroom, 5,399 +/- total-square-foot estate and guest house is a true Florida Classic, offering a light-filled floorplan that accommodates beautiful garden views from every room. Details include marble tile flooring, handsome moldings, and custom built-in cabinetry. The gracious foyer flows out to the formal living room, topped by a volume celling and highlighted by a fireplace with a marble surround and wood mantel. Two arched French doors open to a large loggia, flanked by two mature seagrape trees that frame a view of the front yard. On the opposite side of the room, two archways open the gathering room, with living and dining areas separated by an open-fretwork folding screen. In the dining area are two built-in china closets, and to one side of the entire space, a bank of sliding glass doors accesses the awninged patio and pool. Just adjacent is the kitchen, with a breakfast area and butler's pantry. Finishes here include light-wood cabinetry, Corian counters, tile backsplashes and appliances that include a Bosch dishwasher and KitchenAid wall oven. Both the primary bedroom and the guest bedroom suites feature bay windows offering garden views. The third bedroom suite currently serves as a paneled den with built-in cabinetry that includes a wet bar. Completing the layout of the main residence are a cabana bathroom and laundry, and over the two-car garage is a guest bedroom suite. For the discerning buyer who desires an exceptional acre-plus ocean-block property, this is a unique opportunity to own a special reimagined mid-century estate.
The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2024 by the listing company. All Rights Reserved.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | Listed by Premier Estate Properties, Inc | $13,500,000 | |
| Listed by Premier Estate Properties, Inc | |||
| | |||
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On a beautifully landscaped 1.26-acre lot, just across the street from the ocean, this legacy property offers the opportunity to create a dream home to suit an astute buyer's aesthetics. With a great floorplan accommodating garden views from every room, details of this four-bedroom estate include a grand living room, inviting gathering room overlooking the pool, and a guest house.
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| Apr 20, 1994 | Sold | ||
| Sold | |||
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About Gulf Stream
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