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 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $18,250,000 List Date: 4/25/2024 Last Modified: 3/23/2026

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 Tax Information: No Homestead Utilities: Water Available View: Pool Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: See Remarks 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

Contract Information

Comp Sale YN
No
Listing Contract Date
2024-04-25
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

Association Deposit YN
No
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

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2

Pet Details

Pet Fee
2000

Storm Protection

Other Protection
Partial

Showing Details

Pet(s) on Premises
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Upper
Great Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
2733.67

Originating Details

Originating System Key
20240425190728508364000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Application Fee Details

Application Fee
0

Amenities

None
Yes

Flooring

Marble
Yes

Parking Features

Circular Driveway
Yes
Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Utilities

Water Available
Yes

View

Pool
Yes

Heating

Central
Yes

Water View

Ocean
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free-Standing Freezer
Yes
Ice Maker
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Other
Yes

Interior Features

Bar
Yes
Elevator
Yes
Wet Bar
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Security Features

Security System
Yes

Water Source

Public
Yes

Waterfront Features

Ocean Front
Yes

Cooling

Central Air
Yes

Showing Requirements

See Remarks
Yes

Master Bedroom/Bath

Master Bdrm - Upstairs
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Restrictions

No Restrictions
Yes

Tax Information

No Homestead
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes

Balcony Details

Balcony - Open
Yes

Patio Details

Patio - Covered
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Room Information

Living Room Length: 36.00 Length: 36.00 Width: 27.00 Width: 27.00 Level: Main Kitchen Length: 16.00 Length: 16.00 Width: 13.00 Width: 13.00 Level: Main Master Bedroom Length: 23.00 Length: 23.00 Width: 17.00 Width: 17.00 Level: Upper Great Room
Listing Office: Compass Florida LLC
IDX
Last Updated: March - 23 - 2026
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