240 N Ocean Boulevard, Palm Beach, FL 33480 (MLS# R11034592)

240 N Ocean Boulevard, Palm Beach, FL 33480

$26,670,750

Virtual Tour

https://www.propertypanorama.com/240-N-Ocean-Boulevard-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 7,630 Status: Closed

Current Price: $26,670,750 List Date: 11/06/2024 Last Modified: 9/08/2026

Overview

Description

There are only 23 ocean front single family homes ''in town'' on the Island of Palm Beach. There is only ONE available for purchase. Welcome home! 240 North Ocean Blvd is a spectacular oceanfront estate 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 directly on the sand. Spanning 100 feet, the private beach parcel 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.

Supplements: 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.

Listing Details MLS# R11034592

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 8
Bathrooms Full: 6
Bathrooms Half: 2
Building Area Main: 7630
Building Area Source: Public Records
Living Area Main: 5410
Year Built: 1992
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 19576
Lot Size Acres: 0.45
Frontage Length: 100
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: East
Fireplace YN: Yes
Pool Private YN: Yes
Furnished: Unfurnished

Property Features

Dining Area: Breakfast Area; Formal Dining Electric: Three Phase Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer Architectural Style: Old Spanish Construction Materials: CBS; Stucco Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Split; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Concrete; Tile Security Features: Security System Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Window Features: Casement Showing Requirements: Text Listing Agent Outdoor Living Spaces: Balcony; Patio; Porch Balcony Details: Balcony - Open Patio Details: Patio - Open Contingencies: None Room Types: Den; Family Room; Florida Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 38000000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 240
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: PROXIMITY PARK
Area: 5002
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434314090000190
Zoning: R-B(ci
Directions: Head North on County Rd and then East on Atlantic Ave.

Financial Information

Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 93140.3
Tax Year: 2023
Tax Legal Description: PROXIMITY PARK LTS 19, 20 & 41

Status Change Information

Major Change Timestamp: 2025-04-15T13:54:05Z
Major Change Type: Status Change
Price Change Timestamp: 2025-01-21T20:36:29Z
Status Change Date: 2025-04-15
Under Contract Date: 2025-03-13
Close Date: 2025-04-14
Close Price: 26670750
Buyer Financing: Cash

More Information

Entry Information

Entry Location: Entry Level Living Area Y

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Storm Protection

Panel Shutters: Complete

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main

Price Calculations

Current Price To SqFt: 4929.89
Original List Price To Close Price: 1.42

Originating Details

Originating System Key: 20241107091925695720000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width	Level
Living Room	26.00	22.00	Main
Kitchen	27.00	16.00	Main
Master Bedroom	19.00	16.00	Main
Family Room
Florida Room
Laundry
Den

Listing Office: Compass Florida LLC

Last Updated: September - 08 - 2026

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