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$18,250,000 Just Listed
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Property Description
Sited within the Presidential Security Zone just two streets north of Mar-a-Lago, this exceptional 12,632± square foot Estate Section parcel presents a rare opportunity in one of Palm Beach's most sought-after locations. With private deeded beach access and potential for ocean views from upper levels, the property allows for flexibility to renovate the existing residence or build a custom new construction home. Set among notable estates and moments from the sand, this premier lot provides the flexibility to design and build a bespoke Palm Beach retreat, all within minutes of Worth Avenue, world-class dining, and shopping.
Full Property Details
Full Property Details for 1048 S Ocean Blvd
General
- Price: $18,250,000
- Taxes: $123,097 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: R11163573
- Updated: 2/14/2026
- Added to Site: 2 day(s) ago
Location
- County: Palm Beach
- Subdivision: N/A
- Direction Faces: East
Community
- Community Name: 5001
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Single Family
Lot Features
- Property View: Ocean
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,740
- Lot Dimensions: 141.0 ft x 83.0 ft
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot, 1/4 to 1/2 Acre Lot
- Development Status: Site Plan Filed
- Potential Use: Single Family
- Trees/Vegetation: Grassed, None
- Zoning: R-A(ci
Water Features
- Water Front Desc.: Ocean Access
- Water Front View: Ocean Access
Financial Considerations
- Tax Amount: $123,097
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: 35-43-43~ ELY 103.82 FT OF NLY171.66 FT OF S 1935.25 FT OF GOV LT 2 W OF OCEAN BLVD
- Property ID: 50434335000020290
Listed by Compass Florida LLC
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Schools
Schools serving 1048 S Ocean Blvd
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palm Beach Public School 239 Cocoanut Row, Palm Beach, FL 33480 | K-5 | 1.9 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 1.6 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1048 S Ocean Blvd
Date
Details
Price
Change
Source
2/13/2026
Listed
$18,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1048 S Ocean Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$123,110
10%
$10,589,923
9%
2024
$112,344
11%
$9,687,390
14%
2023
$101,360
9%
$8,491,201
14%
2022
$92,966
28%
$7,447,319
69%
2021
$72,500
—
$4,410,980
-6%
2021
$72,500
4%
$4,712,505
18%
2019
$69,997
13%
$3,978,704
10%
2018
$61,711
11%
$3,617,004
10%
2017
$55,676
-14%
$3,288,185
-13%
2016
$65,002
—
$3,769,289
4%
2015
$65,300
3%
$3,635,519
5%
2014
$63,097
-5%
$3,467,569
-5%
2013
$66,278
—
$3,649,736
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1048 S Ocean Blvd
1048 S Ocean Boulevard, Palm Beach, FL 33480 (MLS# R11163573) is a Vacant Land property with a lot size of 0.29 acres. 1048 S Ocean Boulevard is currently listed for $18,250,000 and was received on February 13, 2026. Want to learn more about 1048 S Ocean Boulevard? Do you have questions about finding other Vacant Land real estate for sale in Palm Beach? You can browse all Palm Beach real estate or contact a Coldwell Banker agent to request more information.

