1 / 191048 S Ocean Boulevard, Palm Beach FL 33480
Palm Beach, FL
List Price
$18,250,000
Type
Single Family
Bedrooms
5
Bathrooms
8
Price / SqFt
$2,734/sqft
Price reduction
23.8% below original list — was $23,950,000
Property Information
- Square Feet
- 6,676
- Units
- 1
- Days on Market
- 771
- Status
- active
Location
- County
- Palm Beach County
- Zip Code
- 33480
- Coordinates
- 26.6794, -80.0361
Represented by Academia
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Why this deal
- 23.8% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
61/100
Fair
is scored →
23.8% off original list (full marks at 25%+).
771 days on market (full marks at 120+ — more time = more leverage).
$2,734/sqft vs area median $333/sqft. Lower can mean value — or lower condition/location. Verify.
No explicit distress language in the public remarks.
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal calculator
Value-add deal calculator
1048 S Ocean Boulevard, Palm Beach FL 33480, Palm Beach, FL
Recommended max offer
$16,497,960
Spread vs list (room below list)
$1,752,040
70% rule MAO
$16,497,960
Margin-based MAO
$18,892,960
Est. all-in basis
$16,765,000
Projected profit
$7,185,000
Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.