$18,250,000
1048 S Ocean Boulevard
Palm Beach, FL 33480
MLS# R10981591
5 beds  |  9 baths  |  7593 sqft


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Property Description
Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this elegant John Volk-designed Regency home offers timeless Palm Beach appeal with private deeded beach access and sweeping ocean views. Featuring five bedrooms, six full and two half baths, the residence includes two oceanview balconies and a 40-by-20-foot lap pool surrounded by manicured gardens. Perfect for entertaining or as a serene seaside retreat, the property presents an exceptional opportunity to reimagine, renovate, or build a dream home in the prestigious Estate Section—steps from the sand and minutes from Worth Avenue.

Details
Contract Information
Comp Sale YN: No
Listing Contract Date: 2024-04-25
Status: Active
Original List Price: 23950000
List Price: $18,250,000
Current Price: $18,250,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Country: United States
Street Number: 1048
Street Direction Prefix: S
Street Name: Ocean
Street Suffix: Boulevard
State Or Province: FL
Postal Code: 33480
Subdivision Name: n/a
Area: 5003
Parcel Number: 50434335000020290
Zoning: R-A(ci
Directions: Corner of South Ocean Blvd and Algoma rd. Front entrance on S Ocean Blvd.
General Property Information
Living Area Main: 6676
Gated Community YN: No
Lot Size Area: 12741
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Furnished
Stories Total: 2
Stories: 2
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 9
Bathrooms Full: 7
Bathrooms Half: 2
Building Area Main: 7593
Building Area Source: Public Records
Year Built: 1952
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Lot Size Acres: 0.29
Direction Faces: East
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 101360
Tax Year: 2023
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
Office/Member Information
DXORIGMLSID: RML
Application Fee Details
Application Fee: 0
Amenities
None: 1
Entry Information
Entry Location: Entry Level Living Area Y
Flooring
Marble: 1
Parking Features
Circular Driveway: 1
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Utilities
Water Available: 1
View
Pool: 1
Heating
Central: 1
Water View
Ocean: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Free-Standing Freezer: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
Other: 1
Interior Features
Bar: 1
Elevator: 1
Wet Bar: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Security System: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Cooling
Central Air: 1
Showing Requirements
See Remarks: 1
Main Level Rooms
Main Level Bathrooms: 2
Master Bedroom/Bath
Master Bdrm - Upstairs: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee: 2000
Restrictions
No Restrictions: 1
Storm Protection
Other Protection: Partial
Tax Information
No Homestead: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Balcony: 1
Patio: 1
Balcony Details
Balcony - Open: 1
Patio Details
Patio - Covered: 1
Room Types
Great Room: 1
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Upper
Price Calculations
Current Price To SqFt: 2733.67
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2025-10-30T15:41:58Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-10-30T15:41:58Z
Status Change Date: 2024-04-25
Originating Details
Originating System Key: 20240425190728508364000000
Originating System ID: M00000170
Property Features
Flooring: Marble
Parking Features: Circular Driveway; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer
Construction Materials: Other
Cooling: Central Air
Heating: Central
Interior Features: Bar; Elevator; Wet Bar
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Security Features: Security System
Tax Information: No Homestead
Utilities: Water Available
View: Pool
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front
Showing Requirements: See Remarks
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Open
Patio Details: Patio - Covered
Room Types: Great Room; Kitchen; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
Room Name Length Length Width Width Level
Living Room36.0036.0027.0027.00Main
Kitchen16.0016.0013.0013.00Main
Master Bedroom23.0023.0017.0017.00Upper
Great Room

IDX
Listing Office: Compass Florida LLC

Last Updated: March - 23 - 2026

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