1150 N Ocean Way, Palm Beach, FL 33480 (MLS# R11015635)

1150 N Ocean Way, Palm Beach, FL 33480

$16,000,000
Property Type: Land & Docks Lot Size (sq. ft.): 24,977 Status: Closed
Current Price: $16,000,000 List Date: 8/26/2024 Last Modified: 3/13/2026

Overview

Description

This double lot on a coveted Northend street is now available with ARCOM approved plans. This 24,977 SF lot is on the corner of El Pueblo and N. Ocean Way and has beach and bike trail access. The approved ARCOM plans were designed by Internationally renowned architect, Clemens Bruns Schaub. This property was specifically designed and inspired by indoor/outdoor island-style living while taking advantage of the enormous lot. Build your dream home with these approved plans and save yourself the time and headache of going through the approval process. Or, design your own house on one of the last double lots available in the North End.

Listing Details MLS# R11015635

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.57
Lot Size Square Feet
24977
Minimum Livable Area
4767
Direction Faces
East
LP/SqFt
675.62

Property Features

Current Use: Single Family Development Status: Recorded Plat Documents Available: Plans Electric: Three Phase Location of Property: Beach Access; City Location Possession: Close Of Escrow Possible Use: Single Family Trees: Partial Tree Coverage; Other Utilities: Electricity Available; Water Available Vegetation: Grassed Listing Terms: Cash; Conventional Lot Features: Cleared Road Frontage Type: Public Road Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent Contingencies: None Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2024-08-26
Original List Price
19495000
LP/Acre
29429717.47

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1150
Street Direction Prefix
N
Street Name
Ocean
Street Suffix
Way
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
EL ENCANTO
Area
5001
Geographic Area
PB30
Parcel Number
50434302010000240
Zoning
R-B(ci

Financial Information

Tax Year
2023
Tax Annual Amount
215805
Tax Legal Description
EL ENCANTO, LTS 24 & 25

Status Change Information

Major Change Timestamp
2025-01-30T20:15:34Z
Major Change Type
Status Change
Price Change Timestamp
2024-11-20T18:31:22Z
Status Change Date
2025-01-30
Under Contract Date
2024-12-05
Close Date
2025-01-30
Close Price
16000000
Buyer Financing
Cash
SP/Acre
27903732.12

More Information

Short Sale Details

Short Sale Addendum
No

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Price Calculations

Original List Price To Close Price
1.21

Originating Details

Originating System Key
20240826184444122009000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Documents Available

Plans
Yes

Current Use

Single Family
Yes

Development Status

Recorded Plat
Yes

Location of Property

Beach Access
Yes
City Location
Yes

Possession

Close Of Escrow
Yes

Possible Use

Single Family
Yes

Trees

Partial Tree Coverage
Yes
Other
Yes

Utilities

Electricity Available
Yes
Water Available
Yes

Vegetation

Grassed
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes

Road Frontage Type

Public Road
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

None
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Listing Office: Brown Harris Stevens of PB
IDX
Last Updated: March - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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