1048 S Ocean Boulevard, Palm Beach, FL 33480 (MLS# R11163573)

1048 S Ocean Boulevard, Palm Beach, FL 33480

$18,250,000
Property Type: Land & Docks Lot Size (sq. ft.): 12,740 Status: Active
Current Price: $18,250,000 List Date: 2/13/2026 Last Modified: 2/19/2026

Overview

Description

Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this exceptional 12,632± square foot Estate Section parcel presents a rare opportunity in one of Palm Beach's most sought-after locations. With private deeded beach access and potential for ocean views from upper levels, the property allows for flexibility to renovate the existing residence or build a custom new construction home. Set among notable estates and moments from the sand, this premier lot provides the flexibility to design and build a bespoke Palm Beach retreat, all within minutes of Worth Avenue, world-class dining, and shopping.

Listing Details MLS# R11163573

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.29
Lot Size Square Feet
12740
Lot Size Dimensions
141.0 ft x 83.0 ft
Minimum Livable Area
7593
Direction Faces
East
LP/SqFt
1432.5

Property Features

Current Use: Single Family Development Status: Recorded Plat Documents Available: None Electric: Three Phase Location of Property: City Location Possession: Close Of Escrow Possible Use: Single Family Sewer: Public Sewer Trees: None Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Vegetation: Grassed Listing Terms: Cash Lot Features: Home Road Responsibility: Public Maintained Road Water Access: Ocean Access Water Source: Public Water View: Ocean Showing Requirements: Call Listing Agent; Text Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2026-02-13
Original List Price
18250000
LP/Acre
62393162.39

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
5001
Geographic Area
PB30
Parcel Number
50434335000020290
Zoning
R-A(ci

Financial Information

Tax Year
2025
Tax Annual Amount
123097
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
2026-02-13T20:57:02Z
Major Change Type
New Listing
Status Change Date
2026-02-13

More Information

Short Sale Details

Short Sale Addendum
No

Originating Details

Originating System Key
20260213204033818003000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Documents Available

None
Yes

Current Use

Single Family
Yes

Development Status

Recorded Plat
Yes

Location of Property

City Location
Yes

Possession

Close Of Escrow
Yes

Possible Use

Single Family
Yes

Sewer

Public Sewer
Yes

Trees

None
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Vegetation

Grassed
Yes

Water Access

Ocean Access
Yes

Water View

Ocean
Yes

Listing Terms

Cash
Yes

Lot Features

Home
Yes

Road Responsibility

Public Maintained Road
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes
Text Listing Agent
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: Compass Florida LLC
IDX
Last Updated: February - 19 - 2026
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