1071 N Ocean Boulevard, Palm Beach, FL 33480

$40,870,915
Property Type: Residential Bedrooms: 7 Baths: 16 Square Footage: 35,993 Status: Closed
Current Price: $40,870,915 List Date: 3/01/2019 Last Modified: 7/05/2026

Overview

Description

Magnificent Palm Beach direct oceanfront estate with a sprawling 242 feet +/- of beach frontage. Built by Hugh Davis in a French Normandy style, this one-of-a-kind custom estate includes 5 bedrooms, 7 full and 9 half bathrooms along with two fully appointed guest apartments and 8 car garage. The home offers 35,000 +/- square feet of indoor and outdoor living space with ocean views from almost every room due to its perfectly thought out floor plan. An entertainers dream complete with library, home theater, wine room, fitness center, barber shop, and so much more. Breathtaking backyard with outdoor loggia, summer kitchen, infinity pool and spa overlooking the tranquil beaches of the North End.

Listing Details MLS# R10509115

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
7
Bathrooms Total
16
Bathrooms Full
7
Bathrooms Half
9
Building Area Main
35993
Building Area Source
Plans
Living Area Main
32661
Year Built
2016
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
8
Covered Spaces
8
Lot Size Area
77188.32
Lot Size Acres
1.77
Frontage Length
242
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
3
Stories
3
Direction Faces
East
Fireplace YN
Yes
Pool Private YN
Yes
Spa YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Breakfast Area; Eat-In Kitchen; Formal Dining; Kitchen Dining; Snack Bar/Counter Exterior Features: Built-in Barbecue; Pool Bathroom; Summer Kitchen Flooring: Marble; Other Guest House Features: 2 Baths; 2 Bedrooms; Kitchen; Living Room Parking Features: Circular Driveway; Attached Garage; Garage Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Oven; Refrigerator; Washer Architectural Style: French Provincial Construction Materials: CBS Cooling: Central Air Fencing: Fenced Heating: Central Interior Features: Bar; Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); Elevator; Entrance Foyer; Kitchen Island; Pantry; Storage; Upstairs Living Area; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Laundry Features: Laundry Tub Levels: Multi/Split Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: Heated; In Ground; Salt Water; Pool Bath Possession: Close Of Escrow Restrictions: Other Restrictions Road Frontage Type: East of US-1 Roof: Barrel Security Features: Fire Alarm; Gated - No Guard; Security System; Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Pool Water Source: Public Water View: Ocean Waterfront Features: Directly on Sand; Ocean Front; Seawall Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Open Patio Details: Patio - Covered; Patio - Open Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Family Room; Game Room; Garage Apartment; Great Room; Kitchen; Living Room; Master Bedroom; Media Room Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
59900000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1071
Street Direction Prefix
N
Street Name
Ocean
Street Suffix
Boulevard
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
NEW SIEARS TR
Area
5001
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434303140000360
Zoning
R-A
Directions
North Ocean Boulevard

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
845947
Tax Year
2018
Tax Legal Description
See additional terms

Status Change Information

Major Change Timestamp
2019-07-02T15:26:28Z
Major Change Type
Status Change
Status Change Date
2019-07-02
Under Contract Date
2019-05-31
Close Date
2019-07-01
Close Price
40870915
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Storm Protection

Impact Glass
Partial

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Upper

Price Calculations

Current Price To SqFt
1251.36
Original List Price To Close Price
1.46

Originating Details

Originating System Key
20190227185049391301000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Kitchen 29.00 23.00 Main
Master Bedroom 25.00 25.00 Upper
Dining Room 28.00 18.00
Living Room 40.00 37.00 Main
Den 28.00 18.00
Bedroom 2 22.00 18.00
Bedroom 3 20.00 18.00
Bedroom 4 21.00 17.00
Bedroom 5 17.00 17.00
Family Room
Great Room
Garage Apartment
Media Room
Game Room
IDX
Listing Office: Douglas Elliman
Last Updated: July - 05 - 2026
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