1048 S Ocean Boulevard, Palm Beach, FL 33480 — MLS photo

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1048 S Ocean Boulevard, Palm Beach, FL 33480

Active · SingleFamilyResidence

$18,250,000

1048 S Ocean Boulevard, Palm Beach, FL 33480

Beds
5
Baths
9
Living area
6,676 sq ft
$ / sq ft
$2,734/sq ft
Year built
1952
Lot size
12,741 sq ft
HOA fee
—
Annual tax
—

About this property

Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this elegant John Volk-designed Regency home offers timeless Palm Beach appeal with private deeded beach access and sweeping ocean views. Featuring five bedrooms, six full and two half baths, the residence includes two oceanview balconies and a 40-by-20-foot lap pool surrounded by manicured gardens. Perfect for entertaining or as a serene seaside retreat, the property presents an exceptional opportunity to reimagine, renovate, or build a dream home in the prestigious Estate Section—steps from the sand and minutes from Worth Avenue.

Property location

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1048 S Ocean Boulevard, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
5
Bathrooms
9
Living area
6,676 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1952
Lot size
12,741 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R10981591
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$70,072

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.5%
Gross yield
4.1%
Mortgage payment
$86,514/mo
Down payment
$4,562,500
Loan amount
$13,687,500
Annual NOI
$197,303

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.