$26,670,750
Palm Beach, FL 33480
MLS# R11034592
Status: Closed
6 beds | 8 baths | 7630 sqft
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Property Description
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 parcel 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
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2024-11-06
Status: Closed
Original List Price: 38000000
Sold Price: $26,670,750
Current Price: $26,670,750
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 240
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Boulevard
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: PROXIMITY PARK
Area: 5002
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434314090000190
Zoning: R-B(ci
Directions: Head North on County Rd and then East on Atlantic Ave.
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 8
Bathrooms Full: 6
Bathrooms Half: 2
Building Area Main: 7630
Building Area Source: Public Records
Living Area Main: 5410
Year Built: 1992
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 19576
Lot Size Acres: 0.45
Frontage Length: 100
Senior Community YN: No
Waterfront YN: 1
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: East
Fireplace YN: Yes
Pool Private YN: Yes
Furnished: Unfurnished
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 93140.3
Tax Year: 2023
Tax Legal Description: PROXIMITY PARK LTS 19, 20 & 41
Status Change Information
Major Change Timestamp: 2025-04-15T13:54:05Z
Major Change Type: Status Change
Price Change Timestamp: 2025-01-21T20:36:29Z
Status Change Date: 2025-04-15
Under Contract Date: 2025-03-13
Close Date: 2025-04-14
Close Price: 26670750
Buyer Financing: Cash
Entry Information
Entry Location: Entry Level Living Area Y
Short Sale Details
Short Sale Addendum: No
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Storm Protection
Panel Shutters: Complete
Room Types
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 4929.89
Original List Price To Close Price: 1.42
Originating Details
Originating System Key: 20241107091925695720000000
Originating System ID: M00000170
Property Features
Dining Area: Breakfast Area; Formal Dining
Electric: Three Phase
Parking Features: Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer
Architectural Style: Old Spanish
Construction Materials: CBS; Stucco
Cooling: Central Air
Heating: Central
Interior Features: Bedroom Layout - Split; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Walk-In Closet(s)
Laundry Features: Inside
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Concrete; Tile
Security Features: Security System
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front
Window Features: Casement
Showing Requirements: Text Listing Agent
Outdoor Living Spaces: Balcony; Patio; Porch
Balcony Details: Balcony - Open
Patio Details: Patio - Open
Contingencies: None
Room Types: Den; Family Room; Florida Room; Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Supplements
Additional features include formal and informal dining and living rooms, exercise room, sauna, library, fireplace, and two first floor guest bedrooms. Don't miss this opportunity to own a piece of Palm Beach oceanfront paradise.
Room Information
| Room Name | Length | Width | Level |
| Living Room | 26.00 | 22.00 | Main |
| Kitchen | 27.00 | 16.00 | Main |
| Master Bedroom | 19.00 | 16.00 | Main |
| Family Room | |||
| Florida Room | |||
| Laundry | |||
| Den |
Listing Office: Compass Florida LLC
Last Updated: September - 08 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.