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+22 photosBeachfront condo — 1285 North Ocean Boulevard Lot 1 & 2 · Bello Lido Resub · Palm Beach
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Open property magazine$69,900,000
1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480
Palm Beach, FL, 33480
7 bd · 10 ba · 5,637 sqft
Listed by Compass Florida LLC
1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480
Listed by Compass Florida LLC
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Estimated monthly payment
$411,622/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $411,622/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesNestled 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
272 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
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Your costs (est.)
≈ $411,622/mo
1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480 · Palm Beach
Location
1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480?+
Property tax (after sale): $47,826/month est.; homeowners insurance: $1,101/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $48,926/month est. Principal and interest: $362,696/month; PMI: $0/month. Total for the payment scenario shown: $411,622/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480 need flood insurance, and what drives the premium?+
Most of Palm Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 1285 North Ocean Boulevard Lot 1 & 2, Palm Beach, FL 33480?+
This listing has been on the market 272 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Palm Beach. Historic island address — Worth Avenue, oceanfront estates, and the Breakers, with private clubs throughout.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Conniston
Middle school
Career Academy Of The Palm Beaches
High school · 2.7 mi from this home · 3800 S Congress Ave, Boynton Beach
Zone boundaries published by School District of Palm Beach County.
Other options for this address
University Preparatory Academy Palm Beach
Elementary · Charter · Grades PK–8 · West Palm Beach
R J Hendley Christian Community School
Elementary · Private · Christian · Grades PK–8 · Riviera Beach
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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Simon Gedz
Realtor® since 1995
Interested in this property?
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