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240 N Ocean Boulevard, Palm Beach FL 33480

House Recently Rented
$40,000

BTC: 0.48944631

ETH: 16.26016260

/mo
Sold on: 2026-05-01
New
Waterfront
6 bds
6 ba
5,410 sqft

Overview

This oceanfront estate in an A+ center-of-town location offers the ultimate Palm Beach lifestyle. This property is one of the few with a deeded private beach parcel, granting direct access to 100 feet of pristine sand and the sparkling Atlantic waters. Inside, the home is designed to showcase breathtaking ocean views at every turn. Expansive living spaces flow seamlessly to outdoor areas, creating the perfect setting for relaxation and entertaining. Two ocean-facing primary suites provide serene retreats, while two additional guest suites share a sun deck overlooking the western skies.

Location

Details

Type:
Residential Lease
Parking:
2 Or More Spaces / Driveway / Parking Garage
Year Built:
1992
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$13
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,874,999
$1.2M – $12.0M
Confidence Low
List vs. estimate
$3.8M below estimate
List $70,000 · -98.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$12
-97.1% vs. city median $451
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $4.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Pool
Private
View
Ocean, Direct Ocean
Waterfront
Ocean Access
Garage
2 car garage
Furnished
Furnished,Furniture Only
Pets
Not allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Closet Cabinetry

    • Cooking Island

    • Entrance Foyer

    • French Doors

    • Pantry

    • Volume Ceilings

    • Walk-In Closet(s)

    • Den/Library/Office

    • Family Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Bathrooms: 2

    • Full bathrooms: 6

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Parking Garage

    Property

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 50434314090000190

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Single Family Residence

  • Source details

    • MLS ID: R11144475

    Other facts

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Patio And Porch Features: Open Balcony / Patio

    • Pool Features: Private

    • Direction Faces: East

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 5410

    • Subdivision Name: PROXIMITY PARK IN

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: The Corcoran Group