6 months on rocket

240 N Ocean Blvd, Palm Beach, FL, 33480

$39,000,000

6 Bedrooms
6 Full Baths, 2 Partial
5,410 SqFt
$7,209/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Garage - Attached
Attached Garage2 spaces
Year Built1992
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
FireplaceFireplace(s)
ViewOcean
Private PoolYes
MLS #RX-10933209
StatusActive

About 240 N Ocean Blvd

One of 3 oceanfront estates available on the island of Palm Beach in an A+ center of town location. This rare find is one of a few properties with a deeded private beach parcel. Spanning 100 feet, the private beach offers exclusive access to the pristine sands and Atlantic Ocean sapphire blue water. The home's elegant floor plan is designed around the stunning views, with communal areas overlooking the pool and ocean. Two primary suites face the ocean, while two guest suites share a sun deck to the West. Additional features include formal and informal dining and living rooms, exercise room, sauna, library, fireplace, and two first floor guest bedrooms. Don't miss this opportunity to own a piece of Palm Beach oceanfront paradise.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1992
  • Stories: 2
  • Living Area: 5,410 SqFt

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Elizabeth DeWoody

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Gas Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Entry Lvl Lvng Area, Fireplace(s), Foyer, French Door, Kitchen Island, Split Bedroom, Volume Ceiling, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Open Balcony, Open Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 240 N Ocean Blvd

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Palm Beach Lakes High School, Public Magnet Grades PK-12
  • Conniston Middle School, Public Magnet Grades 6-8
  • Palm Beach Public School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Head North on County Rd and then East on Atlantic Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,000,000
  • Price Per SqFt: $7,209/SqFt

Tax Information:

  • Annual Amount: $95,183
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.1M

Med. Price/SqFt

$682

Avg. Days On Market

77

# of Sold Homes

41

240 N Ocean Blvd vs Palm Beach

180 DAYS ON ROCKET

+103 Days

$39,000,000

+$37.9M More

$7,209/SqFt

+$6.5K More

KEY TAKEAWAY

This property is $37.9M more than the Median Sold Price and $6.5K/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-10933209

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Elizabeth DeWoody

IDXAll 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: 5/2/2024, 9:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 06, 2003Home Sold
$5,400,000
Sep 06, 2000Home Sold
$4,700,000

Tax History

YEARPROP. TAXASSESSMENT
2020$95,183$5,754,621
2019$95,007$5,625,240
2018$90,238$5,520,353
2017$90,302$5,406,810

History based on county public records data.

Payment Calculator

$194.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$116.9K

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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

school-card-donut-4668299
7
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 1.21 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4668300
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 3.56 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4668301
2
/10
  • Palm Beach Lakes High School

  • 3505 Shiloh Dr

  • 4.97 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $216,931. The majority of Palm Beach, FL residents have income $200k+ annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 240 N Ocean Blvd

What is the listing price of this property?

The listing price of 240 N Ocean Blvd property is $39,000,000.

What type of property is this?

The property 240 N Ocean Blvd is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 240 N 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 240 N Ocean Blvd are:
Palm Beach Public School: GreatSchools Rating 7/10
Conniston Middle School: GreatSchools Rating 4/10
Palm Beach Lakes High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $95,183 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 6, 2003 for $5,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 240 N Ocean Blvd has 6 bedrooms and 6 full and 2 half bathrooms.

What is the square footage of this property?

The property 240 N Ocean Blvd is 5,410 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 240 N Ocean Blvd is 1992.
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Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›240 N Ocean Blvd

This home is located at 240 N Ocean Blvd in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 5,410 square foot home was built in 1992. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $39,000,000.

Over 1 listings were sold over their listed price in April 2024 in Palm Beach, FL. In the same period over 36 listings were sold below the listed price and 4 listings were sold for the listed 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.

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