1565 N Ocean Way, Palm Beach, FL 33480 (MLS# R10226359)

1565 N Ocean Way, Palm Beach, FL 33480

$25,200,000

Property Type: Residential Bedrooms: 7 Baths: 9 Square Footage: 10,005 Status: Closed

Current Price: $25,200,000 List Date: 4/15/2016 Last Modified: 7/08/2026

Overview

Description

Ideally located on the north end of Palm Beach, this Peter Marino designed estate offers all of the luxuries of island living. Situated directly on the Atlantic Ocean the property has 3.4+ acres,expansive green space, a gated front entry, service entrance, a heated pool and guest house in addition to the approximately 10,000 square foot main residence. Marino took the existing home, built in 1937, and created a tropical retreat with an Indonesian and contemporary interior that showcases the spectacular ocean views. His attention to detail, use of space and choice of materials truly make this a one-of-a-kind residence sure to impress even the most discriminating buyer.

Listing Details MLS# R10226359

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 7
Bathrooms Total: 9
Bathrooms Full: 7
Bathrooms Half: 2
Building Area Main: 10005
Building Area Source: Owner
Living Area Main: 7657
Year Built: 1937
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Lot Size Dimensions: 170.0 ft
Frontage Length: 170
Senior Community YN: No
Waterfront 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; Formal Dining Exterior Features: Outdoor Shower Flooring: Wood; Other Guest House Features: 2 Baths; 2 Bedrooms Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Free-Standing Freezer; Refrigerator; Washer Architectural Style: Other Construction Materials: Brick Cooling: Central Air; Zoned Heating: Central; Zoned Interior Features: Built-in Features; Entrance Foyer; High Ceilings; Storage; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Barrel Security Features: Gated - No Guard; Security System Owned Sewer: Public Sewer Tax Information: City/County Utilities: Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Contingencies: None Room Types: Den; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 3 To Less Than 4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 32000000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1565
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: BOCA RATONE COLET
Area: 5001
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434234020000031
Zoning: R-A(ci
Directions: Ideally located on the north end of Palm Beach, this Peter Marino designed estate offers all of the luxuries of island living. Situated directly on the Atlantic Ocean the property has 3.4+ acres...

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 260296
Tax Year: 2015
Tax Legal Description: BOCA RATONE CO INLET SUB S 75 FT OF LT 3 & LT 4 & 34-42-43, PT OF GOV LT 1 LYG E OF & ADJ TO IN OR22098P1270

Status Change Information

Major Change Timestamp: 2017-06-16T14:57:28Z
Major Change Type: Status Change
Status Change Date: 2017-06-16
Under Contract Date: 2017-06-14
Close Date: 2017-06-15
Close Price: 25200000
Buyer Financing: Cash

More Information

Short Sale Details

Short Sale Addendum: No

Storm Protection

Impact Glass: Partial
Permanent Generator: Whole House

Room Types

Kitchen Level: First
Living Room Level: First
Master Bedroom Level: First

Price Calculations

Current Price To SqFt: 3291.1
Original List Price To Close Price: 1.26

Originating Details

Originating System Key: 20160414212126480520000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width	Level
Living Room	35.00	24.00	First
Kitchen	20.00	13.00	First
Master Bedroom	21.00	19.00	First
Laundry
Den

Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: July - 08 - 2026

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