540 S Ocean Blvd, Palm Beach, FL 33480

8 beds9.5 baths11,542 sqft Edit

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Sold: $49,900,000
Sold on 05/31/14
Zestimate®: $10,955,604
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My Notes

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This spectacular, one of a kind offering also includes 61 Middle Road and 530 South Ocean Blvd. There are 3 separate parcels with a total of 300' ocean frontage. House photographs are of Wyeth's 61 Middle Road in impeccable condition. See aerial & survey. Total land equals is 2.61 acres. Underground utilities & tennis court on 540 South Ocean

Facts

  • Lot: 1.61 acres
  • Single Family
  • Built in 1925
  • Views: 17,194 all time views
  • Cooling: Central
  • Heating: Forced air
  • Last sold: May 2014 for $49,900,000
  • Last sale price/sqft: $4,323

Features

  • Fireplace
  • Parking: 483 sqft
  • Pool
  • View: Water

    Construction

    • Construction quality:
      9.0
      Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
    • Exterior material: Brick
    • Stories: 2
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 11,542 sqft
    • Last remodel year: 1990
    • Lot depth: 333
    • Lot width: 399
    • Parcel #: 50434326030000070
    • Zillow Home ID: 46845816

    Zestimate Details

    Zestimate
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    $10,955,604
    -$878,009 Last 30 days
    $9.09M
    $14.8M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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    $23,115/mo
    +$482 Last 30 days
    $18K
    $30K
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    Popularity on Zillow

    17,194 all-time views
    of this home (chart)

    Comparable Homes

    Homes like this sold for $7.5-17.4M.

    $6.6M
    $18.3M

    Mortgages

    Neighborhood: 33480

    Zillow predicts 33480 home values will increase 1.2% next year, compared to a 2.5% increase for Palm Beach as a whole. Among 33480 homes, this home is valued 1839.4% more than the midpoint (median) home, and is valued 1025.8% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 33480, the number of foreclosures waiting to be sold is 134% greater than in Palm Beach, and 22% lower than the national average. This higher local number may prevent 33480 home values from rising as quickly as other regions in Palm Beach.

    Learn more about forecast calculations or 33480 home values.
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      Nearby Schools in Palm Beach

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org