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1048 S Ocean Boulevard, Palm Beach, FL 33480
Active
881 Days on Market
1 / 19
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All Listings

$18,250,000

1048 S Ocean Boulevard

Palm Beach, FL 33480

n/a

Explore the area: Palm Beach homes for sale · Palm Beach County real estate

How this price compares

List price
$18,250,000
Price per sq ft
$2,734
Original price
$23,950,000
Days on market
881

This 5-bedroom single-family home in ZIP 33480 is listed at $18,250,000, or $2,734 per square foot. The asking price has come down 23.8% from its original $23,950,000. It has been on the market for 881 days.

5
Bedrooms
9
Bathrooms
6,676
Living Sq Ft
1952
Year Built

Estimated monthly payment

$95,912 /mo

Principal and interest only, based on $3,650,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$18,250,000
Days on Site
881 Days
Bedrooms
5
Total Baths
9
Full Baths
7
Partial Baths
2
Living Area
6,676 sqft
Total Sq Ft
7,593 sqft
Lot Size
0.29 Acres
Year Built
1952
Property Type
Single Family
MLS #
R10981591
Property Tax
$101,360 (2023)
Subdivision
n/a
County
Palm Beach
Status
Active

About This Property

Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this elegant John Volk-designed Regency home offers timeless Palm Beach appeal with private deeded beach access and sweeping ocean views. Featuring five bedrooms, six full and two half baths, the residence includes two oceanview balconies and a 40-by-20-foot lap pool surrounded by manicured gardens. Perfect for entertaining or as a serene seaside retreat, the property presents an exceptional opportunity to reimagine, renovate, or build a dream home in the prestigious Estate Section—steps from the sand and minutes from Worth Avenue.

Virtual Tour

General Features

Property Type
Single Family
Status
Active
Year Built
1952
Property Condition
Resale
Number of Stories
2
Levels
Two
Garage Spaces
2
Attached Garage
Yes
Parking
Attached / Circular Driveway / Garage
Direction Faces
East
Lot Size (Acres)
0.29
Living Sq Ft
6,676
Total Sq Ft
7,593
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
R-A(ci

Interior Features

Appliances
Dryer / Dishwasher / Free Standing Freezer / Disposal / Ice Maker / Microwave / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Marble
Interior Features
Wet Bar / Elevator / Upper Level Primary / Bar
Main Level Bedrooms
0
Main Level Baths
2
Furnished
Furnished

Exterior Features

Construction
Other
Exterior Features
Balcony / Outdoor Living Area
Private Pool
Yes
Patio & Porch
Covered / Open / Patio / Balcony
Lot Features
Quarter To Half Acre Lot
Waterfront Features
Beach Access / Deeded Access / Ocean Access
View
Ocean / Pool

Community & HOA

Security
Security System
Utilities
Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions
MLS Area
5003

Browse Palm Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Palm Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Palm Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
305
Median List Price
$2,620,000
Median $/Sq Ft
$1,467
Avg Days on Market
178
View all 305 homes for sale in Palm Beach →
How do I schedule a tour of 1048 S Ocean Boulevard, Palm Beach, FL 33480?
Use the Tour button on this listing to request a showing of 1048 S Ocean Boulevard, Palm Beach, FL 33480. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1048 S Ocean Boulevard, Palm Beach, FL 33480 still available?
1048 S Ocean Boulevard, Palm Beach, FL 33480 is currently listed as Active, and has been on the market 881 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1048 S Ocean Boulevard, Palm Beach, FL 33480?
With 20% down ($3,650,000) on the $18,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1048 S Ocean Boulevard, Palm Beach, FL 33480 is about $95,912/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1048 S Ocean Boulevard, Palm Beach, FL 33480?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1048 S Ocean Boulevard, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 1048 S Ocean Boulevard, Palm Beach, FL 33480?
Often, yes. The right offer on 1048 S Ocean Boulevard, Palm Beach, FL 33480 depends on how it's priced against comparable single family sales in Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Compass Florida LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$18,250,000

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Listed by Elizabeth DeWoody, Compass Florida LLC

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