1150 N Ocean Way, Palm Beach, FL 33480 (MLS# R11101767)

1150 N Ocean Way, Palm Beach, FL 33480

$14,000,000
Property Type: Land & Docks Lot Size (sq. ft.): 24,979 Status: Closed
Current Price: $14,000,000 List Date: 6/23/2025 Last Modified: 3/13/2026

Overview

Description

Double lot and beach block on a coveted North End street, now available with ARCOM-approved plans. This expansive 24,979 SF corner property, located at El Pueblo and N. Ocean Way, offers direct access to the beach and the Lake Trail. Move forward with these ready-to-build plans and bypass the approval process or create your own custom residence on one of the last remaining double lots in the North End. The lot can be split in half. Each lot would be approximately 100'x125' (12,500 SF) and available individually for $7,950,000

Listing Details MLS# R11101767

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.57
Lot Size Square Feet
24979
Lot Size Dimensions
125.0 ft x 200.0 ft
Lot Depth
125
Lot Frontage
200
Direction Faces
East
LP/SqFt
636.53

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; Text Listing Agent Contingencies: None Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2025-06-23
Original List Price
18000000
Negotiable Seller Concessions YN
Yes
LP/Acre
27894736.84
LP/Frontage
79500

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
Elementary School
Palm Beach Public
High School
Palm Beach Lakes
Parcel Number
50434302010000240
Zoning
R-B(ci

Financial Information

Tax Year
2024
Tax Annual Amount
208216
Tax Legal Description
EL ENCANTO~ LTS 24 & 25

Status Change Information

Major Change Timestamp
2026-03-13T20:44:57Z
Major Change Type
Status Change
Price Change Timestamp
2026-02-23T15:50:59Z
Status Change Date
2026-03-13
Under Contract Date
2026-03-02
Close Date
2026-03-13
Close Price
14000000
Buyer Financing
Cash
SP/Acre
24561403.51

More Information

Short Sale Details

Short Sale Addendum
No

Originating Details

Originating System Key
20250623140406491162000000
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
Text Listing Agent
Yes

Contingencies

None
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Listing Office: Douglas Elliman
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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