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1048 S Ocean Boulevard, Palm Beach FL 33480

Lots/Land For Sale
$18,250,000

BTC: 293.88083736

ETH: 10,845.66470553

115 days
Waterfront
0 room(s)

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.

Location

Florida • Palm Beach • 33480 • Lots/Land • For Sale • Waterfront

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.29 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,995,000
$575K – $14.5M
Confidence Low
List vs. estimate
$14.3M above estimate
List $18,250,000 · +356.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 2 public-records sales within 0.5 mi
Median actual sale: $30.5M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$123,097
2025
View
Ocean, Direct Ocean
Waterfront
Ocean Access
All facts and features

  • Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 50434335000020290

    • Zoning: R-A(ci

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $123,097

  • Source details

    • MLS ID: R11163573

    Other facts

    • Lot Features: City Location / 1/4 To Less Than 1/2 Acre Lot / Home

    • Direction Faces: East

    • Waterfront: Yes

    • Water Source: Public

    • Subdivision Name: N/A

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33480
354
median $1.8M
Active
Same city
Palm Beach
3,373
median $549K
Active
Same type
Lots/Land
59
median $1.2M
Active
Similar price
$12.8M – $23.7M
50
median $16.2M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida LLC