1048 S Ocean Boulevard, Palm Beach, FL 33480 (MLS# R10981591)

1048 S Ocean Boulevard, Palm Beach, FL 33480

$18,250,000
Property Type: Residential Bedrooms: 5 Baths: 9 Square Footage: 7,593 Status: Active
Current Price: $18,250,000 List Date: 4/25/2024 Last Modified: 9/03/2026

Overview

Description

Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this elegant John Volk-designed Regency home offers timeless Palm Beach appeal with private deeded beach access and sweeping ocean views. Featuring five bedrooms, six full and two half baths, the residence includes two oceanview balconies and a 40-by-20-foot lap pool surrounded by manicured gardens. Perfect for entertaining or as a serene seaside retreat, the property presents an exceptional opportunity to reimagine, renovate, or build a dream home in the prestigious Estate Section—steps from the sand and minutes from Worth Avenue.

Listing Details MLS# R10981591

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
9
Bathrooms Full
7
Bathrooms Half
2
Building Area Main
7593
Building Area Source
Public Records
Living Area Main
6676
Year Built
1952
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Lot Size Area
12741
Lot Size Acres
0.29
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Pool Private YN
Yes
Furnished
Furnished

Property Features

Flooring: Marble Parking Features: Circular Driveway; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer Construction Materials: Other Cooling: Central Air Heating: Central Interior Features: Bar; Elevator; Wet Bar Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Security Features: Security System Sewer: Public Sewer Structure Type: House Tax Information: No Homestead Utilities: Water Available View: Pool Water Access: Deeded Beach Access; Ocean Access Water Source: Public Water View: Ocean Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Patio Details: Patio - Covered Room Types: Great Room; Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
23950000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1048
Street Direction Prefix
S
Street Name
Ocean
Street Suffix
Boulevard
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
n/a
Area
5003
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434335000020290
Zoning
R-A(ci
Directions
Corner of South Ocean Blvd and Algoma rd. Front entrance on S Ocean Blvd.

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
101360
Tax Year
2023
Tax Legal Description
35-43-43, ELY 103.82 FT OF NLY171.66 FT OF S 1935.25 FT OF GOV LT 2 W OF OCEAN BLVD

Status Change Information

Major Change Timestamp
2025-10-30T15:41:58Z
Major Change Type
Price Reduced
Price Change Timestamp
2025-10-30T15:41:58Z
Status Change Date
2024-04-25

More Information

Entry Information

Entry Location
Entry Level Living Area Y

Main Level Rooms

Main Level Bathrooms
2

Storm Protection

Other Protection
Partial

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Upper

Price Calculations

Current Price To SqFt
2733.67

Originating Details

Originating System Key
20240425190728508364000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 36.00 27.00 Main
Kitchen 16.00 13.00 Main
Master Bedroom 23.00 17.00 Upper
Great Room
IDX
Listing Office: Compass Florida LLC
Last Updated: September - 03 - 2026
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