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1171 N Ocean Way, Palm Beach FL 33480

House Recently Sold
$7,075,000

BTC: 117.13576159

ETH: 4,436.59896281

Sold on: 2022-04-20
10 days
3 bds
2 ba
1,375 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Circular Driveway / Open
Year Built:
1936
Lot:
No Data
Heating:
Central
Price/sqft:
$5,055
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$562,500
$379K – $2.0M
Confidence Low
List vs. estimate
$6.4M above estimate
List $6,950,000 · +1135.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$5,054
+1071.3% vs. city median $431
Based on
19 MLS comparables
+ 11 public-records sales within 0.5 mi
Median actual sale: $15.9M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,976
2021
View
Garden
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Other

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Refrigerator

    • Washer

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Circular Driveway

    • Open

    Property

    • Levels: 1

    • Exterior Features: Room For Pool

    Other Property Information

    • Parcel Number: 50434303100000050

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Water Connected

    • Water Available

  • Other financial information

    • Annual tax amount: $19,976

  • Source details

    • MLS ID: R10771477

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Corner Lot

    • Direction Faces: West

    • Other Structures: Livable

    • Architectural Style: Ranch / Corner Unit

    • Living Area: 1375

    • Water Source: Public

    • Lot Size Dimensions: 85x115

    • Subdivision Name: EL ENCANTO REPL IN

Private inquiry
Talk to the advisor on this listing.
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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: Compass Florida LLC