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1550 S Ocean Boulevard, Palm Beach FL 33480

House For Sale
$23,000,000

BTC: 370.37037037

ETH: 13,668.50894396

-$5M (2026/01/07)
228 days
Waterfront
3 bds
3 ba
3,444 sqft

Overview

Fabulous opportunity to acquire an oceanfront property on Billionaires Row in Palm Beach's Estate Section. This unique property was originally designed by Addison Mizner and features 3BR/3.1BA, beach access, gorgeous views of the Atlantic Ocean and peeks of the Intracoastal Waterway.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1928
Lot:
0.26 Acres
Heating:
Central
Price/sqft:
$6,678
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$5,395,000
$3.2M – $17.4M
Confidence Low
List vs. estimate
$17.6M above estimate
List $23,000,000 · +326.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$6,678
+1377.0% vs. city median $452
Based on
5 MLS comparables
+ 1 public-records sales within 0.5 mi
Median actual sale: $38.8M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$33,611
2024
Pool
Private
View
Intracoastal View, Lake
Waterfront
Yes
Pets
Allowed
All facts and features
  • Flooring

    • Other

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Free-Standing Freezer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Walk-In Closet(s)

    • Family Room

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Property

    • Levels: 3

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 50434402040000012

    • Zoning: R-A(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $33,611

  • Source details

    • MLS ID: R11135135

    Other facts

    • Construction Materials: Brick

    • Patio And Porch Features: Open Balcony / Patio

    • Direction Faces: East

    • Other Structures: Livable

    • Waterfront: Yes

    • Living Area: 3444

    • Water Source: Public

    • Subdivision Name: LAGOMAR PARK 2

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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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: Christian Angle Real Estate