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$38,000,000

Beds
5
Baths
7.0
sq ft
5,410

240 N Ocean Blvd, Palm Beach, FL 33480

240 N Ocean Blvd

Palm Beach, FL 33480

  • 47 days on market
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 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.

Details

Property type

Single Family Residence

Est. home value

$19,437,946

Lot size

0.45 acres

Price per sq ft

$7,025

Year built

1992

Annual property taxes

$93,140

Price History

11/06/2024
Beaches

Beaches #R11034592

Listed
$38,000,000
-2.56%
07/10/2024
Beaches

Beaches #R10933209

Removed
$39,000,000
11/03/2023
Beaches

Beaches #R10933209

Listed
$39,000,000

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

Professional Bank

Loan start date

August 2022

Original loan amount

$315,000

Est. remaining balance

Not provided

Interest rate

3.99%

Loan type

New Conventional, 30 year

Seller

Tiffany Dawn Cloutier

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 7:55 AM

Listing updated: 12/10/2024 at 12:58 PM

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

MLS: Beaches #R11034592

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