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123 Ocean Avenue 201, Palm Beach Shores, FL 33404
Active
175 Days on Market
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How this price compares

List price
$1,495,000
Price per sq ft
$946
Vs. nearby sales
207.1% above
Days on market
175

This 2-bedroom condo in ZIP 33404 is listed at $1,495,000, or $946 per square foot. It has been on the market for 175 days. The 4 most recent condo sales in the closings shown below sold at a median of $308 per square foot, so the asking price is 207.1% above what comparable homes here actually sold for.

2
Bedrooms
3
Bathrooms
1,581
Living Sq Ft
2028
Year Built

Estimated monthly payment

$7,857 /mo

Principal and interest only, based on $299,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $3,162/mo HOA are not included.

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Listing Snapshot

Price
$1,495,000
Days on Site
175 Days
Bedrooms
2
Total Baths
3
Full Baths
2
Partial Baths
1
Living Area
1,581 sqft
Total Sq Ft
1,812 sqft
Year Built
2028
Property Type
Condo
MLS #
B26010002
HOA Fees
$3,162 / Monthly
Subdivision
123 Ocean
County
Palm Beach
Status
Active
Special Conditions
Standard

About This Property

Introducing 123 Ocean. Oceanfront Serenity. Elevated Palm Beach Shores Living. This west-facing 2-bedroom plus den, 2.5-bath residence offers a refined coastal lifestyle with a bright, open layout and expansive terrace designed for seamless indoor-outdoor living. Enjoy private, direct beach access just moments from dining, marinas, and the best of Palm Beach Shores. Interiors feature a sophisticated palette of white oak, woven textures, and soft brass accents, complemented by a private elevator vestibule and a split-bedroom floor plan for optimal privacy. The sunlit living and dining areas open effortlessly to the terrace. The chef's kitchen is both functional and striking, featuring custom cabinetry, a sculptural peninsula, a custom bronze hood, and fully integrated Gaggenau appliances. The primary suite is a serene retreat with a spacious walk-in closet and spa-inspired bath, complete with a double vanity, porcelain feature wall, and rainfall shower. The secondary bedroom includes an en-suite bath, while the den offers flexible space for a home office or additional living area. 123 Ocean is a boutique six-story oceanfront development by Lionbright Development, with architecture by Arquitectonica and interiors by Asthetique. Amenities include a 24-hour attended lobby, secure underground parking, resort-style pool and sun deck, fitness studio with infrared sauna and ice bath, resident lounge, media room, and children's playroom. Minutes to Palm Beach Island, downtown West Palm Beach, and Palm Beach International Airport.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
2028
Property Condition
To Be Built
Number of Stories
6
Levels
One / Two
Parking
Assigned / Covered / Underground / Electric Vehicle Charging Stations / Valet
Direction Faces
West
Lot Size (Acres)
0
Living Sq Ft
1,581
Total Sq Ft
1,812
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
D—MULTIPLE USE

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Electric Water Heater / Freezer / Disposal / Microwave / Oven / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air / Electric
Heating
Central
Flooring
Tile / Wood
Interior Features
Built In Features / Dual Sinks / Elevator / High Ceilings / Kitchen Island / Walk In Closets
Laundry
In Unit / Washer Dryer Install Allowed
Main Level Bedrooms
2
Main Level Baths
2

Exterior Features

Construction
Block
Roof
Flat
Pool Features
Association / Heated
Waterfront
Yes
Waterfront Features
Beach Access / Deeded Access / Ocean Access / Ocean Front
View
Other

Community & HOA

HOA Fee
$3,162 / Monthly
HOA Includes
Common Areas / Hot Water / Insurance / Pest Control / Pools / Reserve Fund / Security / Trash / Water / Internet
Association Amenities
Beach Rights / Beach Access / Clubhouse / Community Kitchen / Fitness Center / Maintenance Grounds / Pool / Parking / Sauna / Security / Trails / Elevators
Security
Building Security
Utilities
Electricity Connected / Sewer Connected / Underground Utilities / Water Connected
Pets Allowed
Cats Ok / Dogs Ok / Number Limit / Yes
Financing Terms
Cash
Restrictions
Buyer Approval Required
MLS Area
5240

Schools

Elementary School
Lincoln
Middle School
John F. Kennedy (Palm Beach)
High School
William T. Dwyer

123 Ocean is a luxury waterfront, luxury community in Palm Beach Shores, Palm Beach County, Florida. Properties are priced from $1,500,000 to $5,600,000. Pure Equity lists homes in 123 Ocean and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
2
Median List Price
$3,551,000
Median $/Sq Ft
$1,627
Avg Days on Market
232
View all 2 homes for sale in 123 Ocean →
How do I schedule a tour of 123 Ocean Avenue 201, Palm Beach Shores, FL 33404?
Use the Tour button on this listing to request a showing of 123 Ocean Avenue 201, Palm Beach Shores, FL 33404. 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 123 Ocean Avenue 201, Palm Beach Shores, FL 33404 still available?
123 Ocean Avenue 201, Palm Beach Shores, FL 33404 is currently listed as Active, and has been on the market 175 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 123 Ocean Avenue 201, Palm Beach Shores, FL 33404?
With 20% down ($299,000) on the $1,495,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 123 Ocean Avenue 201, Palm Beach Shores, FL 33404 is about $7,857/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 123 Ocean Avenue 201, Palm Beach Shores, FL 33404?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 123 Ocean Avenue 201, Palm Beach Shores, FL 33404. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 123 Ocean Avenue 201, Palm Beach Shores, FL 33404 have an HOA fee?
Yes: 123 Ocean Avenue 201, Palm Beach Shores, FL 33404 carries an HOA fee of about $3,162 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 123 Ocean Avenue 201, Palm Beach Shores, FL 33404?
123 Ocean Avenue 201, Palm Beach Shores, FL 33404 is zoned for Lincoln (elementary), John F. Kennedy (Palm Beach) (middle), William T. Dwyer (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 123 Ocean Avenue 201, Palm Beach Shores, FL 33404?
Often, yes. The right offer on 123 Ocean Avenue 201, Palm Beach Shores, FL 33404 depends on how it's priced against comparable condo sales in Palm Beach Shores, 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 Serhant

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.

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Listed by Jenna Steffens Mayer, Serhant

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