305-609-4190
1491 N Ocean Boulevard, Palm Beach FL 33480
Active Single Family Residence Waterfront

1491 N Ocean Boulevard, Palm Beach FL 33480

Palm Beach, FL, 33480

$205,000,000

Est. $1,036,592/mo (20% down)

8
Beds
10
Baths
14,496
Sq Ft
2005
Year Built
—
Lot Sq Ft
6
Garage

Photo Gallery (60 photos)

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 Details

MLS #

R11140358

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

2005

Days on Market

336

Stories

3

Pool

Yes

Waterfront

Yes

Price / Sq Ft

$14,142

HOA Fee

None

Est. Insurance

$68,333/mo

Tax Year

2025

Tax Amount

$145,027

Garage

6 Car

Lot Size

—

MLS Area

Manana Estates 2

Subdivision

MANANA ESTATES 2

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$1,435,000
Est. Monthly Rent
1.8%
Cap Rate
9.0%
Cash-on-Cash
$3,670,847
Net Operating Income

ROI Projections (4% Annual Appreciation)

153%
5-Year ROI
Value: $249,413,845
330%
10-Year ROI
Value: $303,450,078
535%
15-Year ROI
Value: $369,193,419

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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