
$1,495,000
123 Ocean Avenue 201
Explore the area: Palm Beach Shores homes for sale · Palm Beach County real estate
Price Check
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.
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.
Customize this estimateListing 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 TourGeneral 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
About the Community
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
Frequently Asked Questions
- 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.
$1,495,000
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Listed by Jenna Steffens Mayer, Serhant
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Recent Sales
Recently sold homes in ZIP 33404
These are the last 6 recorded closings in ZIP 33404, with the price each home actually sold for rather than what it was listed at. They closed at a median of $279 per square foot. The most recent closed on September 29, 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$699,000
Sold · September 29, 2026
1121 Center Stone Lane
4 bed · 2.5 bath · 2,642 sqft · $265/sqft
Sold$365,000
Sold · September 28, 2026
115 Bamboo Road 205
2 bed · 2 bath · 1,084 sqft · $337/sqft
$33,000 under the asking price
Sold$4,000,000
Sold · September 28, 2026
2700 N Ocean Drive 1401a
3 bed · 3.5 bath · 3,605 sqft · $1,110/sqft
$250,000 under the asking price
Sold$560,000
Sold · September 28, 2026
1225 Rosegate Boulevard
5 bed · 3.5 bath · 3,052 sqft · $183/sqft
$39,900 under the asking price
Sold$188,000
Sold · September 28, 2026
400 WILMA Circle 304
1 bed · 1 bath · 674 sqft · $279/sqft
$11,000 under the asking price
Sold$350,000
Sold · September 25, 2026
4200 N Ocean Drive 2-201
2 bed · 2 bath · 1,432 sqft · $244/sqft
$49,999 under the asking price
See every recorded sale in ZIP 33404 or find out what your ZIP 33404 home is worth.






