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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1285 N Ocean Boulevard , Palm Beach, FL 33480
$49,900,000
Est. Payment: $110,888.89/mo
7 Bed
9 Bath
5637 Sqft
Status: Active | Days on site: 485
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FLL273007303 - FLL273005452
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House Description

Experience the pinnacle of luxury living with this exceptional new construction oceanfront home located on one of the most desirable stretches of Palm Beach Island, the prestigious North End. Known for its expansive beaches, this 7,000 sq ft British Colonial estate occupies a .33-acre lot with 125 feet of stunning views over the clear blue Atlantic Ocean. Masterfully designed by Greg Palmer of Harrison Design and Mary Frances Garrett of M2B Properties, and expertly constructed by Tim Givens. Features include a basement with elevator access, a 2-car garage, and a heated saltwater pool complete with a jacuzzi spa. The interior layout is thoughtfully curated, featuring 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 is enhanced with dual walk-in closets, while the basement level provides adaptable space with a bathroom and laundry facilities, ideal for a wine cellar or exercise room. This property is a result of a recent collaboration between the renowned Harrison Design and M2B Homes, whose work has been recently featured in Florida Design. Their impressive portfolio includes Merrywood in Atlanta, Georgia, a recipient of 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 along one of the most coveted stretches of Palm Beach Island. Call for more details on adding the adjoining lot for a .65 acre estate property.

Highlights

Listed by Elizabeth DeWoody , 561-308-0931 Compass Florida LLC , 561-270-5384.

Property Type

Residential

Lot/Acreage
0.33

Year Built

2025

County

Palm Beach

Area

5001

Neighborhood

Bello Lido Resub

Listing ID

R11091524

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:9
  • Full Bathrooms:8
  • 1/2 Bathrooms:2
Appliances:Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Main Level Primary, Upper Level Primary, Walk-In Closet(s), Elevator, Pantry

Exterior Features

Lot:<1 Acre,Corner Lot,1/4 to 1/2 Acre Lot
Garage Capacity:2
Zoning:R-B(ci
Others:
  • Additional:Balcony, Courtyard, Patio
Parking Features:Attached,Garage,Two or More Spaces
Principal Interest
$110,889
Taxes
$20,540

Home Price

$49,900,000

Loan Details

30 yrs
%

Down Payment

20%
$9,980,000
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Monthly Price:
$110,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $110,888.89 $20,540.08 $0.00 $131,428.97
Yearly $1,330,666.67 $246,481.00 $0.00 $1,577,147.67
Total $39,920,000.00 $7,394,430.00 $0.00 $47,314,430.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Palm Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.