1519 N Ocean Way, Palm Beach, FL 33480 (MLS# R11062795)
$48,500,000
Palm Beach, FL 33480
MLS# R11062795
Status: Closed
10 beds | 12 baths | 12928 sqft

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Property Description
Direct Oceanfront North End Dunes Estate. Situated on over 1.8 acres with expansive sand dunes leading to the widest and most private beach on the Island. This captivating European villa features a wrap-around covered lanai and balconies for a total of 12,928 square feet. Renovate or build new on this rare waterfront property.
Details
Contract Information
Comp Sale YN: No
Listing Contract Date: 2025-02-15
Status: Closed
Original List Price: 54900000
Sold Price: $48,500,000
Current Price: $48,500,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Country: United States
Street Number: 1519
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: BOCA RATONE COLET
Area: 5001
Parcel Number: 50434234020000081
Zoning: Residential
Directions: North on North Ocean Blvd to Mediterranean and right to North Ocean Way
General Property Information
Living Area Main: 9136
Gated Community YN: No
Lot Size Area: 78974
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Fireplace YN: Yes
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 10
Bathrooms Total: 12
Bathrooms Full: 11
Bathrooms Half: 1
Building Area Main: 12928
Building Area Source: Public Records
Year Built: 1936
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Lot Size Acres: 1.81
Waterfront YN: 1
Direction Faces: West
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 376962
Tax Year: 2024
Tax Legal Description: BOCA RATONE CO INLET SUB LT 8 (LESS S 5 FT & TH PT IN OR6877P948)
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2025-05-14T18:56:51Z
Major Change Type: Status Change
Status Change Date: 2025-05-14
Under Contract Date: 2025-04-03
Close Date: 2025-05-14
Close Price: 48500000
Amenities
Street Lights: 1
None: 1
Dining Area
Formal Dining: 1
Electric
Three Phase: 1
Flooring
Wood: 1
Other: 1
Parking Features
Garage Door Opener: 1
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Water View
Ocean: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Refrigerator: 1
Washer: 1
Cooktop: 1
Construction Materials
CBS: 1
Interior Features
Cathedral Ceiling(s): 1
French Doors: 1
Kitchen Island: 1
Pantry: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Wet Bar: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
In Ground: 1
Roof
Barrel: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Occupied: 1
Main Level Rooms
Main Level Bathrooms: 4
Main Level Bedrooms: 3
Master Bedroom/Bath
Dual Sinks: 1
Master Bdrm - Upstairs: 1
Separate Shower: 1
Separate Tub: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Balcony: 1
Patio: 1
Porch: 1
Balcony Details
Balcony - Covered: 1
Balcony - Wrap Around: 1
Patio Details
Patio - Covered: 1
Patio - Open: 1
Porch Details
Porch - Open: 1
Contingencies
None: 1
Room Types
Den: 1
Family Room: 1
Family Room Level: First
Kitchen: 1
Kitchen Level: First
Living Room: 1
Living Room Level: First
Maid/In-Law Quarters: 1
Master Bedroom: 1
Master Bedroom Level: Second
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 5308.66
Original List Price To Close Price: 1.13
Acreage Description
1 To Less Than 2 Acre Lot: 1
Originating Details
Originating System Key: 20250214215758860119000000
Originating System ID: M00000170
Property Features
Dining Area: Formal Dining
Electric: Three Phase
Flooring: Wood; Other
Parking Features: Garage Door Opener; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer; Cooktop
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Cathedral Ceiling(s); French Doors; Kitchen Island; Pantry; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Barrel
Sewer: Public Sewer
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front
Showing Requirements: Appointment Only; Call Listing Agent; Occupied
Occupant Details: Tenant Occupied
Outdoor Living Spaces: Balcony; Patio; Porch
Balcony Details: Balcony - Covered; Balcony - Wrap Around
Patio Details: Patio - Covered; Patio - Open
Porch Details: Porch - Open
Contingencies: None
Room Types: Den; Family Room; Kitchen; Living Room; Maid/In-Law Quarters; Master Bedroom
Acreage Description: 1 To Less Than 2 Acre Lot
Room Information
| Room Name | Length | Length | Width | Width | Level |
| Living Room | 53.00 | 53.00 | 27.00 | 27.00 | First |
| Kitchen | 17.00 | 17.00 | 17.00 | 17.00 | First |
| Master Bedroom | 27.00 | 27.00 | 17.00 | 17.00 | Second |
| Family Room | 21.00 | 21.00 | 17.00 | 17.00 | First |
| Maid/In-Law Quarters |
Listing Office: The Corcoran Group
Last Updated: January - 10 - 2026
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