$18,250,000
1048 S Ocean Boulevard, Palm Beach FL 33480
Palm Beach, FL, 33480
- Lot Size
- 0.2925 acres
- Property Type
- Agriculture
- Annual Taxes
- $123,097/yr
- MLS #
- R11163573
Market Position
Using 45 of 45 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $18,250,000 · area median: $720,000
- Days on market
- 160 · area median: 133
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 25, 2026 · Newest source update: Jul 25, 2026
Listing courtesy of Compass Florida LLC · 561-270-5384
Listed by Elizabeth DeWoody
Last updated: Jul 23, 2026
Overview
Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this exceptional 12,632± square foot Estate Section parcel presents a rare opportunity in one of Palm Beach's most sought-after locations. With private deeded beach access and potential for ocean views from upper levels, the property allows for flexibility to renovate the existing residence or build a custom new construction home. Set among notable estates and moments from the sand, this premier lot provides the flexibility to design and build a bespoke Palm Beach retreat, all within minutes of Worth Avenue, world-class dining, and shopping.
Features
Waterfront
View
est.$102,540/mo
Est. payment based on a $18,250,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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