$14,000,000
Sold · March 13, 2026
1150 N Ocean Way
Palm Beach, FL 33480
EL ENCANTO
Explore the area: Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $14,000,000
- Vs. list price
- 11.9% under
- Days on market
- 252
- Price per sq ft
- N/A
This lot in ZIP 33480 sold for $14,000,000 on March 13, 2026. That was 11.9% below its final list price of $15,900,000. It first came on the market at $18,000,000, so the price was adjusted before it sold. It spent 252 days on the market.
Listing Snapshot
- Sold Price
- $14,000,000
- Sold On
- March 13, 2026
- Days on Site
- 252 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.57 Acres
- Property Type
- Land
- MLS #
- R11101767
- Property Tax
- $208,216 (2024)
- Subdivision
- EL ENCANTO
- County
- Palm Beach
- Status
- Sold
About This Property
Double lot and beach block on a coveted North End street, now available with ARCOM-approved plans. This expansive 24,979 SF corner property, located at El Pueblo and N. Ocean Way, offers direct access to the beach and the Lake Trail. Move forward with these ready-to-build plans and bypass the approval process or create your own custom residence on one of the last remaining double lots in the North End. The lot can be split in half. Each lot would be approximately 100'x125' (12,500 SF) and available individually for $7,950,000
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Sold
- Direction Faces
- East
- Lot Size (Acres)
- 0.57
- Water Source
- Public
- Zoning
- R-B(ci
Exterior Features
- Lot Features
- Cleared / City Lot
Community & HOA
- Association Amenities
- Beach Access
- Utilities
- Electricity Available / Water Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 5001
Schools
- Elementary School
- Palm Beach Public
- High School
- Palm Beach Lakes
About the Area
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
- 241
- Under Contract
- 41
- Median List Price
- $2,850,000
- Median Sale Price (September)
- $2,706,000
- Median $/Sq Ft
- $1,642
- Avg Days on Market
- 171
Frequently Asked Questions
- How do I schedule a tour of 1150 N Ocean Way, Palm Beach, FL 33480?
- Use the Tour button on this listing to request a showing of 1150 N Ocean Way, 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 1150 N Ocean Way, Palm Beach, FL 33480 still available?
- 1150 N Ocean Way, Palm Beach, FL 33480 is currently listed as Sold, and has been on the market 252 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 1150 N Ocean Way, Palm Beach, FL 33480?
- With 20% down ($3,180,000) on the $15,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1150 N Ocean Way, Palm Beach, FL 33480 is about $83,561/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 1150 N Ocean Way, Palm Beach, FL 33480?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1150 N Ocean Way, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1150 N Ocean Way, Palm Beach, FL 33480?
- 1150 N Ocean Way, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1150 N Ocean Way, Palm Beach, FL 33480?
- Often, yes. The right offer on 1150 N Ocean Way, Palm Beach, FL 33480 depends on how it's priced against comparable land 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 Douglas Elliman
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 July 1, 2026.
$14,000,000
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Listed by Christopher Leavitt, Douglas Elliman
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Recent Sales
Recently sold homes in ZIP 33480
These are the last 6 recorded closings in ZIP 33480, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,082 per square foot. The most recent closed on October 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,300,000
Sold · October 16, 2026
223 Atlantic Avenue 2B
2 bed · 2 bath · 804 sqft · $1,617/sqft
Sold$2,295,000
Sold · October 15, 2026
2295 S Ocean Boulevard 425
3 bed · 3 bath · 1,959 sqft · $1,172/sqft
Sold$5,190,000
Sold · October 13, 2026
259 OLEANDER Avenue
4 bed · 4.5 bath · 2,493 sqft · $2,082/sqft
$560,000 under the asking price
Sold$11,000,000
Sold · October 9, 2026
261 Seminole Avenue
4 bed · 4.5 bath · 3,067 sqft · $3,587/sqft
$750,000 under the asking price
Sold$3,550,000
Sold · October 9, 2026
250 Bradley Place 408
3 bed · 2.5 bath · 1,653 sqft · $2,148/sqft
$445,000 under the asking price
Sold$420,000
Sold · October 9, 2026
3450 S Ocean Boulevard 712
1 bed · 1.5 bath · 1,008 sqft · $417/sqft
$29,900 under the asking price
See every recorded sale in ZIP 33480 or find out what your ZIP 33480 home is worth.
