1171 N Ocean Way, Palm Beach, FL 33480
$7,075,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,463
Status:
Closed
Current Price:
$7,075,000
List Date:
1/21/2022
Last Modified:
1/10/2026
Description
Located just one lot away from the ocean in Palm Beach, this 1,463 sq. ft. 3-bedroom, 2-bathroom single family home is a quintessential north-end beach cottage on a prime street. With direct beach and lake trail access, you can hear the ocean from the house and enjoy the South Florida beach lifestyle just steps away from the property. This home has been owned by the same family for approximately 70 years and offers a quaint space for new homeowners to enjoy, renovate, or build new on the 85' x 115' site.
More Information MLS# R10771477
Contract Information
Comp Sale YN: No
Listing Date: 2022-01-21
Status: Closed
Original List Price: 6950000
Sold Price: $7,075,000
Current Price: $7,075,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Street Number: 1171
Street Direction Prefix: N
Street Name: Ocean
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: EL ENCANTO REPL IN
Area: 5001
Parcel Number: 50434303100000050
Zoning: RES
Directions: Head North on County Rd which becomes Ocean Way, Make Left onto La Puerta, Left onto Ocean Way to 1171 N Ocean Way on the left.
General Property Information
Living Area Main: 1375
Lot Size Dimensions: 85 X 115
Gated Community YN: No
Senior Community YN: No
Furnished: Unfurnished
Stories Total: 1
Stories: 1
Pool Private YN: No
Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1463
Building Area Source: Public Records
Year Built: 1936
Direction Faces: West
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 19976
Tax Year: 2021
Tax Legal Description: REPLAT OF EL ENCANTO LT 5
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2022-04-21T22:38:07Z
Major Change Type: Status Change
Status Change Date: 2022-04-21
Under Contract Date: 2022-01-31
Close Date: 2022-04-20
Close Price: 7075000
Amenities
Beach Access: 1
Jogging Path: 1
Entry Information
Entry Location: Entry Level Living Area Y
Flooring
Carpet: 1
Wood: 1
Other: 1
Parking Features
Circular Driveway: 1
Open: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Negotiable: 1
Special Information
Sold As-Is: 1
Utilities
Water Available: 1
View
Garden: 1
Heating
Central: 1
Unit Description
Corner/End Unit: 1
Water Access
None: 1
Appliances
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Lot Features
Corner Lot: 1
Room for Pool: 1
Roof
Composition: 1
Shingle: 1
Security Features
None: 1
Water Source
Public: 1
Architectural Style
Ranch: 1
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 3
Master Bedroom/Bath
Combo Tub/Shower: 1
Pets Allowed YN
Yes: 1
Restrictions
Other Restrictions: 1
Storm Protection Details
None: 1
Tax Information
Homestead Exemption: 1
Showing Details
Pet(s) on Premises: No
Contingencies
None: 1
Room Types
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 5145.45
Original List Price To Close Price: 0.98
Originating Details
Originating System Key: 20220121160304579616000000
Originating System ID: M00000170
Property Features
Flooring: Carpet; Wood; Other
Parking Features: Circular Driveway; Open
Property Condition: Resale
Appliances: Refrigerator; Washer
Architectural Style: Ranch
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Listing Terms: Cash
Lot Features: Corner Lot; Room for Pool
Pets Allowed YN: Yes
Possession: Close Of Escrow; Negotiable
Restrictions: Other Restrictions
Roof: Composition; Shingle
Security Features: None
Special Information: Sold As-Is
Storm Protection Details: None
Tax Information: Homestead Exemption
Unit Description: Corner/End Unit
Utilities: Water Available
View: Garden
Water Access: None
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Contingencies: None
Room Types: Kitchen; Living Room; Master Bedroom
Room Information
Living Room
Length: 17.00
Length: 17.00
Width: 15.00
Width: 15.00
Level: Main
Kitchen
Length: 12.00
Length: 12.00
Width: 8.00
Width: 8.00
Level: Main
Master Bedroom
Length: 15.00
Length: 15.00
Width: 12.00
Width: 12.00
Level: Main
Listing Office:
Compass Florida LLC
Last Updated: January - 10 - 2026
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