1491 N Ocean Boulevard, Palm Beach, FL 33480 — MLS photo

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1491 N Ocean Boulevard, Palm Beach, FL 33480

Active · SingleFamilyResidence

$205,000,000

1491 N Ocean Boulevard, Palm Beach, FL 33480

Beds
8
Baths
11
Living area
14,496 sq ft
$ / sq ft
$14,142/sq ft
Year built
2005
Lot size
—
HOA fee
—
Annual tax
—

About this property

Extraordinary, generational estate set on extremely rare 4+/- acres with 230' of direct ocean frontage. With gorgeous ocean views from all primary rooms the home has a natural flowing layout that graciously connects the main living areas while allowing for a relaxing and comfortable setting in the personal spaces. Interior highlights include 8BR/9.2BA, hardwood flooring, fireplaces, library, and media room. Main estate with 6 bedrooms, 6 baths, and powder room. Guest cottage features 2BR/2.1BA, living room, and kitchen. Fabulous beachfront cabana with living room, cabana bath, kitchen, and rooftop patio perfect for al fresco evenings under the stars. Thoughtful layout, well scaled voluminous rooms, and soaring ceilings crafted to an outstanding level of detail. Seamless indoor and outdoor living creates an inviting atmosphere for any size gathering. Fantastic Sunrise pool and spa overlooking ocean. The courtyard features stunning 65' Sunset pool, spacious terrace, and loggia. Expansive manicured grounds with lush tropical landscaping allowing for the utmost privacy. Sprawling dunes showcasing the expansive views of the Atlantic Ocean. Ideal for car collectors, the home also features 6+ car garages. Creating a one-of-a-kind approach, the estate is entered via a gently winding driveway, arriving at a spectacular property meant for the true connoisseur of Palm Beach Living.

Property location

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1491 N Ocean Boulevard, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
8
Bathrooms
11
Living area
14,496 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2005

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R11140358
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

-$885,113

Cap rate
0.5%
Net yield
0.5%
Cash-on-cash return
-18.5%
Gross yield
3.5%
Mortgage payment
$971,805/mo
Down payment
$51,250,000
Loan amount
$153,750,000
Annual NOI
$1,040,304

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