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    1150 N Ocean Way Palm Beach, FL 33480

    For Sale
    $17,250,000

    Single Family Detached, Single Family - Palm Beach, FL

    Type:Single Family Residence
    Lot size:
    0.57 Acres
    Days on Market:
    99
    Last Refresh:
    Dec 12 at 1:06 pm

    Property Features for 1150 N Ocean Way

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Vegetation
    Cleared
    Zoning
    R-B(ci
    APN
    50434302010000240
    Exterior features
    Cleared
    Lot size
    0.57 Acres

    Building Details

    Architectural style
    Other

    Douglas Elliman Florida LLC (561) 655-8600 [email protected]

    Listing agent Christopher Leavitt (561) 655-8600

    Listing date Sep 5, 2025

    MLS# RX-11101767 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Beach Block Double Lot

    This expansive 24,979 square foot corner property is a double lot located on a coveted North End street, offering direct access to the beach and the Lake Trail. The property has ARCOM-approved plans, allowing a buyer to move forward with these ready-to-build plans and bypass the approval process, or create a custom residence on one of the last remaining double lots in the North End. The property is zoned R-B(ci and is located at El Pueblo and N. Ocean Way in Palm Beach, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Clothing Store Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.037895
    Latitude
    26.754732

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    FAQs

    What type of property is this?
    Residential land & home lot - Expansive corner property with beach access and approved plans.
    Where is this residential land & home lot located?
    The property is located at 1150 N Ocean Way Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $17,250,000.
    What are key features of this property?
    This property features: - Beach block location with direct beach and Lake Trail access.; - Expansive 24,979 SF double lot in the North End.; - ARCOM-approved plans included, bypassing the approval process.
    (561) 655-8600
    Request Owner's contact information
    1150 N Ocean Way Palm Beach, FL 33480
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    Palm Beach, FL 33480
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1150 N Ocean Way Palm Beach, FL 33480
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