1171 N Ocean Way, Palm Beach, FL 33480
$7,075,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,375
Status:
Closed
Current Price:
$7,075,000
Last Modified:
3/12/2025
Description
Located just one lot away from the ocean in Palm Beach, this 1,463 sq. ft. 3-bedroom, 2-bathroom single family home is a quintessential north-end beach cottage on a prime street. With direct beach and lake trail access, you can hear the ocean from the house and enjoy the South Florida beach lifestyle just steps away from the property. This home has been owned by the same family for approximately 70 years and offers a quaint space for new homeowners to enjoy, renovate, or build new on the 85' x 115' site.
More Information MLS# RX-10771477
Contract Information
Listing Date: 2022-01-21
Status: Closed
Original List Price: 6950000
Auction: No
Sold Price: $7,075,000
Current Price: $7,075,000
List Price/SqFt: 5054.54
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 3
Total Bedrooms: 3
Main Level Bathrooms: 2
Baths - Full: 2
Baths - Total: 2
Property Condition: Resale
Year Built: 1936
SqFt - Total: 1463
SqFt - Living: 1375
SqFt Source: Tax Rolls
Guest House: No
Gated Community: No
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: Head North on County Rd which becomes Ocean Way, Make Left onto La Puerta, Left onto Ocean Way to 1171 N Ocean Way on the left.
Subdivision: EL ENCANTO REPL IN
Legal Desc: REPLAT OF EL ENCANTO LT 5
Lot Dimensions: 85 X 115
Waterfront: No
Front Exp: West
Private Pool: No
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 1
Location Tax Legal
Area: 5001
County: Palm Beach
Parcel ID: 50434303100000050
Street #: 1171
Street Dir: N
Street Name: Ocean
Street Suffix: Way
Zip Code: 33480
Geo Lat: 26.755115
Geo Lon: -80.037338
Status Change Info
Under Contract Date: 2022-01-31
Sold Date: 2022-04-20
Sold Price: $7,075,000
Terms of Sale: Cash
Sold Price/SqFt: 5145.45
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Design: Ranch
Unit Desc: Corner
Construction: CBS
View: Garden
Waterfront Details: None
Lot Description: Corner Lot
Exterior Features: Room for Pool
Interior Features: Entry Lvl Lvng Area
Furnished: Unfurnished
Rooms: None
Parking: 2+ Spaces; Drive - Circular; Open
Restrict: Other
Security: None
Flooring: Carpet; Wood Floor; Other
Heating: Central
Cooling: Central
Roof: Comp Shingle
Terms Considered: Cash
Utilities: Public Water
Storm Protection: None
Special Info: Sold As-Is
Taxes: Homestead
Possession: At Closing; Funding
Contingencies: None
Room Information
Living Room
Length: 17.00
Width: 15.00
Length: 17.00
Level: Main
Width: 15.00
Kitchen
Length: 12.00
Width: 8.00
Length: 12.00
Level: Main
Width: 8.00
Master Bedroom
Length: 15.00
Width: 12.00
Length: 15.00
Level: Main
Width: 12.00
Listing Office: Compass Florida LLC
Last Updated: March - 12 - 2025
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