1285 North Ocean Boulevard Lot 2 #Lot 1 & 2

Single Family Home

1285 North Ocean Boulevard Lot 2 #Lot 1 & 2

$69,900,000

1285 North Ocean Boulevard Lot 2 #Lot 1 & 2, Palm Beach, FL, 33480

1285 N Ocean Blvd Palm Beach 02
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1 / 27
LIST PRICE$69,900,000
BEDROOMS7
BATHROOMS9
HOUSE sq ft5,637
LOT sq ft28,107

Take a closer look

HOA: request current costs · Last reported tax: $259,359/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$428,225/mo

Principal & interest$371,662
Property taxfrom listing$21,613
Homeowners insuranceestimate$34,950

$13,980,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

Nestled on a rare over half-acre oceanfront lot, this exceptional new construction home is situated on one of the most desirable ocean front stretches of Palm Beach Island, the prestigious North End. Known for its expansive beaches, this British Colonial estate occupies a .64-acre lot with 125 feet of breathtaking views over the clear blue Atlantic Ocean. This exquisite estate offers 7 bedrooms and 10 bathrooms within 5,637 square feet of interior space, totaling 7,012 square feet of living area. The home includes a basement with elevator access, a 2-car garage, and a heated saltwater pool complete with a jacuzzi spa. The rare oversized lot provides the potential to build additional +/- 5,000 square footage to suit your needs. Whether it's a guest house or tennis courts, the possibilities are endless. The interior layout is thoughtfully designed with a secondary primary bedroom on the first floor, a formal dining room, a private study, and a gourmet kitchen equipped with a walk-in pantry. All spaces are accentuated by soaring ceilings and designer-grade finishes. The primary suite features dual walk-in closets, while the basement level offers adaptable space with a bathroom and laundry facilities, perfect for a wine cellar or exercise room. This property represents a recent collaboration between the esteemed Harrison Design and M2B Homes, whose work has been highlighted in Florida Design. Their impressive portfolio includes Merrywood in Atlanta, Georgia, which won the 2020 Addison Mizner Award from the Institute of Classical Architecture and Art Florida Chapter and the 2021 Residential Design Award from the American Institute of Architects Atlanta Chapter. This is a rare opportunity to own a brand-new oceanfront residence on a rare .64 acre ocean front lot along one of the most coveted stretches of Palm Beach Island. The property is also offered at $49.9M with a 14,575-square-foot lot configuration. Inquire for details.

Property Details

$69,900,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
2027
Status
Active
MLS #
R11163554
Living Area
5,637 sq ft
$/Sq Ft (Living)
$12,400
Lot Size
28,107 sq ft
$/Sq Ft (Lot)
$2,487
Annual Taxes
$259,359
Parking Spaces
4
Days on Market
239

Building Amenities

Elevator(s)Private Pool

Notable Features

Private PoolWaterfrontScenic ViewsLarge Lot

Location Scores

Location

1285 North Ocean Boulevard Lot 2 #Lot 1 & 2, Palm Beach, FL, 33480