Beautiful John Volk Regency home with ocean views and beach access. Just three streets North of Mar-a-Lago in the Estate Section, this five bed, six bath home is ideal for entertaining, boasting a 40 foot pool and 2nd floor balconies with ocean views. Beautiful marble throughout and an abundance of original art pieces.
This property is $22.8M more than the Median Sold Price and $2.9K/SqFt more than other homes in Palm Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10981591
Listing Office:
Office Name: Compass Florida LLC (PB)
Office Phone: (305) 851-2820
Listing Agent: Elizabeth DeWoody
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/5/2024, 8:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$75,458
$4,712,505
2019
$69,996
$3,978,704
2018
$61,710
$3,617,004
2017
$55,676
$3,288,185
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$119.6K
Per Month
Principal & Interest
$119.5K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$71.8K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Palm Beach Public School
239 Cocoanut Row
Distance between this listing and this school1.97 miles
Public Magnet Grades KG-5
Middle School
4
/10
Conniston Middle School
3630 Parker Ave
Distance between this listing and this school1.59 miles
Public Magnet Grades 6-8
High School
3
/10
Forest Hill Community High School
6901 Parker Ave
Distance between this listing and this school2.53 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Palm Beach Public School
239 Cocoanut Row
Distance between this listing and this school1.97 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
Belvedere Elementary School
3000 Parker Ave
Distance between this listing and this school1.67 miles
Public District Grades KG-5
5
/10
Palmetto Elementary School
5801 Parker Ave
Distance between this listing and this school2.09 miles
Public District Grades KG-5
Assigned Schools
4
/10
Conniston Middle School
3630 Parker Ave
Distance between this listing and this school1.59 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Renaissance Charter School At Summit
2001 Summit Blvd
Distance between this listing and this school2.37 miles
Public Charter Grades KG-8
2
/10
Palm Beach Maritime Academy
7719 S Dixie Hwy
Distance between this listing and this school2.41 miles
Public Charter Grades KG-9
Assigned Schools
3
/10
Forest Hill Community High School
6901 Parker Ave
Distance between this listing and this school2.53 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
Alexander W Dreyfoos Junior School of The Arts
501 S Sapodilla Ave
Distance between this listing and this school2.52 miles
Public Magnet Grades 9-12
7
/10
G-Star School of The Arts
2065 Prairie Rd Bldg J
Distance between this listing and this school3.82 miles
The neighbors living near this home have an average income of $332,054. Residents of Palm Beach, FL typically earn $200k+ each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1048 S Ocean Blvd
What is the listing price of this property?
The listing price of 1048 S Ocean Blvd property is $23,950,000.
What type of property is this?
The property 1048 S Ocean Blvd is a house located in Palm Beach, Florida, 33480.
Is this property for sale now?
Active Listing: 1048 S Ocean Blvd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1048 S Ocean Blvd are: Palm Beach Public School: GreatSchools Rating 7/10Conniston Middle School: GreatSchools Rating 4/10Forest Hill Community High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $75,458 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1048 S Ocean Blvd has 5 bedrooms and 7 full and 2 half bathrooms.
What is the square footage of this property?
The property 1048 S Ocean Blvd is 6,676 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1048 S Ocean Blvd is 1952.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1048 S Ocean Blvd in Palm Beach, FL and zip code 33480 in the Mid-Town neighborhood. This 6,676 square foot home was built in 1952. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $23,950,000.
In April 2024, from all listings sold in Palm Beach, FL there were more than 1 sold above asking price, over 36 sold below and more than 4 were sold right at the asked price. Between March 2024 and April 2024, Palm Beach, FL real estate market has seen increase in the number of listings by 4.6%. The median list price of listings available in April 2024 was $1,100,000, while the average time on the real estate market was 77 days.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
PGA/LPGA
PGA/LPGA
Men's Tennis
Hiking/backpacking
Chico's
Bloomingdales
Nordstrom Rack
Bonefish Grill
Chipotle
California Pizza Kitchen
Cadillac
Lexus
Mazda
Classical
News
Rock