1616 S Ocean Boulevard, Palm Beach, FL 33480

$22,430,000
Property Type: Residential Bedrooms: 11 Baths: 18 Square Footage: 18,866 Status: Closed
Current Price: $22,430,000 List Date: 4/18/2018 Last Modified: 7/06/2026

Overview

Description

Rare ocean-to-lake property with glorious views of the Atlantic Ocean and Intracoastal Waterway. Located in Palm Beach's coveted Estate Section, this is one of only 25 estates with both east and west water views. Situated on a large 72,000+ SF lot, the 11 BR/14 BA residence offers resort style living just minutes from Worth Avenue. An entertainer's delight with professional kitchen, grand living room, spacious loggias provides the perfect setting for intimate dinners or formal galas. No amenity has been overlooked; a 2-boat private dock, rare lighted tennis court, guest house, separate staff accommodations, professional grade gym, hand-made Italian terra cotta floors, Tischler doors/windows and separate oceanfront parcel with private gate access.

Listing Details MLS# R10424275

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
11
Bathrooms Total
18
Bathrooms Full
14
Bathrooms Half
4
Building Area Main
18866
Building Area Source
Public Records
Living Area Main
15171
Year Built
1973
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
4
Covered Spaces
4
Lot Size Area
82004
Lot Size Acres
1.88
Lot Size Dimensions
151.0 ft x 470.0 ft
Frontage Length
150
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Pool Private YN
Yes
Spa YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Breakfast Area; Florida/Dining Combination; Formal Dining Electric: Three Phase Exterior Features: Summer Kitchen; Tennis Court(s) Flooring: Carpet; Clay; Marble; Tile; Wood Guest House Features: 2 Bedrooms; Living Room Parking Features: Garage Door Opener; Open; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Gas Range; Ice Maker; Refrigerator; Washer Architectural Style: Other Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Built-in Features; Cabana Bath; Entrance Foyer; French Doors; High Ceilings; Storage; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Levels: Multi/Split Listing Terms: Cash Membership: No Membership Available Other Structures: Outbuilding Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1 Roof: Concrete; Tile Security Features: Entry - Phone/Intercom; Gated - No Guard Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Storm Protection Details: Storm Shutters Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Water View: Intracoastal; Ocean Waterfront Features: Intracoastal Outdoor Living Spaces: Balcony; Patio; Porch Balcony Details: Balcony - Covered Patio Details: Patio - Covered Porch Details: Porch - Wrap Around Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Media Room; Utility Room Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
27000000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1616
Street Direction Prefix
S
Street Name
Ocean
Street Suffix
Boulevard
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
PALM BEACH ESTATES
Area
5003
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434411000010010
Zoning
R-A(ci
Directions
Southern Blvd bridge, south on S. Ocean Blvd, house approx. 1 mile on right.

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
123944
Tax Year
2017
Tax Legal Description
11-44-43, S 150 FT N 200 FT OF GOV LOT 1 (LESS SR A1A R/W)

Status Change Information

Major Change Timestamp
2018-05-16T13:04:50Z
Major Change Type
Status Change
Status Change Date
2018-05-16
Under Contract Date
2018-04-24
Close Date
2018-05-15
Close Price
22430000
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes
Dock Details
yes

Room Types

Bedroom 2 Level
First
Bedroom 3 Level
First
Bedroom 4 Level
First
Bedroom 5 Level
First
Den Level
First
Dining Room Level
First
Great Room Level
Second
Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
1478.47
Original List Price To Close Price
1.2

Originating Details

Originating System Key
20180417202625616900000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level Remarks
Living Room 46.00 39.00 First Main Level
Dining Room 39.00 16.00 First Main Level
Kitchen 20.00 16.00 First Main Level
Master Bedroom 39.00 18.00 First Main Level
Bedroom 2 13.00 12.00 First Main Level
Bedroom 3 14.00 13.00 First Main Level
Bedroom 4 14.00 12.00 First Main Level
Bedroom 5 19.00 12.00 First Main Level
Den 39.00 19.00 First Library
Great Room 46.00 39.00 Second Recreation Room
Laundry
Media Room
Utility Room
IDX
Listing Office: Brown Harris Stevens of PB
Last Updated: July - 06 - 2026
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