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$23,950,000

Beds
5
Baths
8.0
sq ft
6,676

1048 S Ocean Blvd, Palm Beach, FL 33480

1048 S Ocean Blvd

Palm Beach, FL 33480

  • 242 days on market
Beautiful John Volk Regency home with ocean views and beach access. Just three streets North of Mar-a-Lago in the Estate Section, this five bedroom, six full and two half bathroom home is ideal for entertaining. A 40 x 20 foot pool and two upstairs balconies with direct ocean views. Just steps away from a private beach access across the road from the house's front door.

Details

Property type

Single Family Residence

Est. home value

$20,894,554

Lot size

0.29 acres

Price per sq ft

$3,588

Year built

1952

Annual property taxes

$101,360

HOA

Yes

Price History

04/25/2024
Beaches

Beaches #R10981591

Listed
$23,950,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Optimumbank

Loan start date

July 2023

Original loan amount

$3,500,000

Est. remaining balance

Not provided

Interest rate

6.57%

Loan type

Commercial

Seller

Rank Properties Holdings Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 1:10 AM

Listing updated: 12/10/2024 at 12:49 PM

Listed by: Liz DeWoody, Compass Florida LLC (PB) Phone #: (305) 851-2820

MLS: Beaches #R10981591

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