1198 N Ocean Way, Palm Beach, FL 33480
$11,825,000
Property Type:
Residential
Bedrooms:
3
Baths:
3.1
Square Footage:
2,471
Status:
Closed
Current Price:
$11,825,000
Last Modified:
5/29/2025
Description
Rare opportunity to come to market! Located on a pristine corner lot, 1198 N Ocean Blvd is a Bermuda Style home with 3 bedrooms and a den / 3 bathrooms only three properties from the ocean on the North End of the Island. Perfect for entertaining in every way including a gorgeous pool area with outdoor dining space and spacious living room with a fireplace. This property has privileges at the best oceanfront cabana on the entire island that has access only from its streets residents.
More Information MLS# RX-10770539
Contract Information
Auction: No
List Price/SqFt: 4815.86
Listing Date: 2022-01-13
Status: Closed
Original List Price: 11900000
Sold Price: $11,825,000
Current Price: $11,825,000
General Property Description
Governing Bodies: None
Main Level Bedrooms: 3
Main Level Bathrooms: 3
Property Condition: Resale
SqFt - Total: 3281
Waterfront: No
SqFt Source: Floor Plan
Gated Community: No
Covered Spaces: 2
Homeowners Assoc: None
Pets Allowed: Yes
Pets on Premises: No
Front Exp: East
Association Deposit: No
Directions: North on N County Rd, West on Mockingbird Trail, North on N Ocean Way
Membership Fee Required: No
Private Pool: Yes
Type: Single Family Detached
Total Bedrooms: 3
Baths - Full: 3
Baths - Half: 1
Baths - Total: 3.1
Year Built: 1951
SqFt - Living: 2471
Garage Spaces: 2
Subdivision: Wells Road & North
Legal Desc: MOCKING BIRD TRAIL TRACT LT 17 (LESS W 2.25 FT) & UND INT IN PT OF LTS 19A, 20A & UNMBRD TR AS IN DB863P260 K/A PRIV BCH
Total Floors/Stories: 1
Location, Tax & Legal
Geo Area: PB30
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2021
Zoning: R-B
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 21499
Special Assessment: No
REO: No
Area: 5001
County: Palm Beach
Parcel ID: 50434303090000171
Street #: 1198
Street Dir: N
Street Name: Ocean
Street Suffix: Way
Zip Code: 33480
Geo Lat: 26.757027
Geo Lon: -80.03788
Office/Member Info
DXORIGMLNO: RX-10770539
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Conventional
Sold Price/SqFt: 4785.51
Under Contract Date: 2022-03-08
Sold Date: 2022-06-30
Sold Price: $11,825,000
Design
Other Arch: 1
Unit Desc
Corner: 1
Construction
CBS: 1
Master Bedroom/Bath
Mstr Bdrm - Ground: 1
Rooms
Den/Office: 1
Laundry-Inside: 1
Waterfront Details
None: 1
Lot Description
1/4 to 1/2 Acre: 1
Equip/Appl Included
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Microwave: 1
Range - Gas: 1
Refrigerator: 1
Washer: 1
Private Pool Description
Heated: 1
Cooling
Central: 1
Heating
Central: 1
Exterior Features
Covered Patio: 1
Furnished
Unfurnished: 1
Interior Features
Fireplace(s): 1
Flooring
Marble: 1
Wood Floor: 1
Porch/Patio/Balcony
Patio: 1
Porch: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
Parking
Garage - Attached: 1
Restrict
None: 1
Roof
Concrete Tile: 1
Subdiv. Amenities
None: 1
Terms Considered
Cash: 1
Conventional: 1
Showing Instructions
Text Listing Agent: 1
Storm Protection
Impact Glass: Complete
Dining Area
Formal: 1
Taxes
Homestead: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Design: Other Arch
Unit Desc: Corner
Construction: CBS
Waterfront Details: None
Private Pool Description: Heated
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Covered Patio
Interior Features: Fireplace(s)
Furnished: Unfurnished
Rooms: Den/Office; Laundry-Inside
Parking: Garage - Attached
Restrict: None
Flooring: Marble; Wood Floor
Heating: Central
Cooling: Central
Dining Area: Formal
Roof: Concrete Tile
Terms Considered: Cash; Conventional
Utilities: Electric; Public Sewer; Public Water
Taxes: Homestead
Showing Instructions: Text Listing Agent
Contingencies: None
Room Information
Living Room
Length: 25.80
Width: 15.00
Length: 25.80
Level: Main
Width: 15.00
Kitchen
Length: 21.00
Width: 9.00
Length: 21.00
Level: Main
Width: 9.00
Master Bedroom
Length: 15.80
Width: 15.40
Length: 15.80
Level: Main
Width: 15.40
Documents
Floorplan ›
Listing Office:
Douglas Elliman
Last Updated: May - 29 - 2025
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