1150 N Ocean Way, Palm Beach, FL 33480
$16,000,000
Property Type:
Land & Docks
Lot Size (sq. ft.):
24,977
Status:
Closed
Current Price:
$16,000,000
List Date:
8/26/2024
Last Modified:
1/13/2026
Description
This double lot on a coveted Northend street is now available with ARCOM approved plans. This 24,977 SF lot is on the corner of El Pueblo and N. Ocean Way and has beach and bike trail access. The approved ARCOM plans were designed by Internationally renowned architect, Clemens Bruns Schaub. This property was specifically designed and inspired by indoor/outdoor island-style living while taking advantage of the enormous lot. Build your dream home with these approved plans and save yourself the time and headache of going through the approval process. Or, design your own house on one of the last double lots available in the North End.
More Information MLS# R11015635
Contract Information
Comp Sale YN: No
LP/Acre: 29429717.47
Listing Contract Date: 2024-08-26
Status: Closed
Original List Price: 19495000
Sold Price: $16,000,000
Current Price: $16,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Country: United States
Street Number: 1150
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: EL ENCANTO
Area: 5001
Parcel Number: 50434302010000240
Zoning: R-B(ci
General Property Information
Minimum Livable Area: 4767
LP/SqFt: 675.62
Property Sub Type: Unimproved Land
Lot Size Acres: 0.57
Lot Size Square Feet: 24977
Direction Faces: East
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
SP/Acre: 27903732.12
Major Change Timestamp: 2025-01-30T20:15:34Z
Major Change Type: Status Change
Price Change Timestamp: 2024-11-20T18:31:22Z
Status Change Date: 2025-01-30
Under Contract Date: 2024-12-05
Close Date: 2025-01-30
Close Price: 16000000
Electric
Three Phase: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Plans: 1
Current Use
Single Family: 1
Development Status
Recorded Plat: 1
Location of Property
Beach Access: 1
City Location: 1
Possession
Close Of Escrow: 1
Possible Use
Single Family: 1
Trees
Partial Tree Coverage: 1
Other: 1
Utilities
Electricity Available: 1
Water Available: 1
Vegetation
Grassed: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Road Frontage Type
Public Road: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Original List Price To Close Price: 1.21
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Financial Information
Tax Year: 2023
Tax Annual Amount: 215805
Tax Legal Description: EL ENCANTO, LTS 24 & 25
Originating Details
Originating System Key: 20240826184444122009000000
Originating System ID: M00000170
Property Features
Current Use: Single Family
Development Status: Recorded Plat
Documents Available: Plans
Electric: Three Phase
Location of Property: Beach Access; City Location
Possession: Close Of Escrow
Possible Use: Single Family
Trees: Partial Tree Coverage; Other
Utilities: Electricity Available; Water Available
Vegetation: Grassed
Listing Terms: Cash; Conventional
Lot Features: Cleared
Road Frontage Type: Public Road
Road Surface Type: Paved
Water Source: Public
Showing Requirements: Call Listing Agent
Contingencies: None
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office:
Brown Harris Stevens of PB
Last Updated: January - 13 - 2026
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