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:
1/13/2026
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.
More Information MLS# R10226359
Contract Information
Comp Sale YN: No
Listing Contract Date: 2016-04-14
Status: Closed
Original List Price: 32000000
Sold Price: $25,200,000
Current Price: $25,200,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Street Number: 1565
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: BOCA RATONE COLET
Area: 5001
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...
General Property Information
Living Area Main: 7657
Lot Size Dimensions: 170.0 ft
Senior Community YN: No
Furnished: Unfurnished
Stories Total: 3
Stories: 3
Fireplace YN: Yes
Pool Private YN: Yes
Spa YN: Yes
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
Year Built: 1937
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Frontage Length: 170
Waterfront YN: 1
Direction Faces: East
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
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
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
Amenities
None: 1
Dining Area
Breakfast Area: 1
Formal Dining: 1
Exterior Features
Outdoor Shower: 1
Flooring
Wood: 1
Other: 1
Guest House Features
2 Baths: 1
2 Bedrooms: 1
Parking Features
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Zoned: 1
Water View
Ocean: 1
Appliances
Dishwasher: 1
Dryer: 1
Free-Standing Freezer: 1
Refrigerator: 1
Washer: 1
Construction Materials
Brick: 1
Interior Features
Built-in Features: 1
Entrance Foyer: 1
High Ceilings: 1
Storage: 1
Walk-In Closet(s): 1
Laundry Features
Inside: 1
Listing Terms
Cash: 1
Pool Features
In Ground: 1
Roof
Barrel: 1
Security Features
Gated - No Guard: 1
Security System Owned: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Architectural Style
Other: 1
Cooling
Central Air: 1
Zoned: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Master Bedroom/Bath
Bidet: 1
Dual Sinks: 1
Master Bdrm - Ground: 1
Separate Shower: 1
Separate Tub: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Partial
Permanent Generator: Whole House
Tax Information
City/County: 1
Contingencies
None: 1
Room Types
Den: 1
Kitchen: 1
Kitchen Level: First
Laundry: 1
Living Room: 1
Living Room Level: First
Master Bedroom: 1
Master Bedroom Level: First
Price Calculations
Current Price To SqFt: 3291.1
Original List Price To Close Price: 1.26
Acreage Description
3 To Less Than 4 Acre Lot: 1
Originating Details
Originating System Key: 20160414212126480520000000
Originating System ID: M00000170
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
Room Information
Living Room
Length: 35.00
Length: 35.00
Width: 24.00
Width: 24.00
Level: First
Kitchen
Length: 20.00
Length: 20.00
Width: 13.00
Width: 13.00
Level: First
Master Bedroom
Length: 21.00
Length: 21.00
Width: 19.00
Width: 19.00
Level: First
Laundry
Listing Office:
Sotheby's Intl. Realty, Inc.
Last Updated: January - 13 - 2026
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