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172 S Ocean Boulevard, Palm Beach, FL 33480 (MLS# RX-10630179)


$49,500,000
172 S Ocean Boulevard
Palm Beach, FL 33480
MLS# RX-10630179
Status: Closed
16 beds  |  17.5 baths  |  13227 sqft


172 S Ocean Boulevard, Palm Beach, FL 33480
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172 S Ocean Boulevard, Palm Beach, FL 33480

Property Description
ICONIC Palm Beach | Rarely does one have the chance to purchase such an important estate on Palm Beach located on the corner of Main and Main. Built originally in 1926 by renowned Palm Beach architect Marion Sims Wyeth, La Salona exudes true Palm Beach style. When one enters the arched entry courtyard, you're swept back in time. Although originally built in 1926, the home has been completely updated under the current owner over the past 30 years. The most recent renovation of the western portion of the home was completed in 2016. The 2 stories include a 3-bedroom apartment on the first floor and another 3-bedroom apartment on the second floor. Distinctive features of the house include exquisite Cypress coffered ceilings, stenciled using a technique called lime paste.

Details
Maps
Contract Information
Listing Date: 2020-06-12
Status: Closed
Original List Price: 49500000
Auction: No
List Price: $49,500,000
Current Price: $48,500,000
List Price/SqFt: 3742.34
Comm/Non-Rep: 0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 1
Total Bedrooms: 16
Main Level Bathrooms: 1
Baths - Full: 17
Baths - Half: 5
Baths - Total: 17.5
Property Condition: Resale
Year Built: 1926
SqFt - Total: 19434
SqFt - Living: 13227
SqFt Source: Floor Plan
Guest House: Yes
Gated Community: No
Garage Spaces: 2
Covered Spaces: 2
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: 172 S Ocean Blvd, Palm Beach
Subdivision: PRIMAVERA ESTATES
Legal Desc: PRIMA VERA ESTS /OCEAN SEC/ LT 5 & N 64.21 FT OF LT 6
Waterfront: Yes
Front Exp: North
Private Pool: Yes
Pets Allowed: No
Pets on Premises: Yes
Total Floors/Stories: 2
Location, Tax & Legal
Area: 5002
Geo Area: PB30
County: Palm Beach
Parcel ID: 50434322050000050
Street #: 172
Street Dir: S
Street Name: Ocean
Street Suffix: Boulevard
State/Province: FL
Zip Code: 33480
Zoning: RB
Tax Year: 2019
Taxes: 158096
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Geo Lat: 26.709217
Geo Lon: -80.034136
Office/Member Info
DXORIGMLNO: RX-10630179
DXORIGMLSID: RML
Status Change Info
Under Contract Date: 2021-02-23
Sold Date: 2021-03-16
Sold Price: 48500000
Terms of Sale: Cash
Sold Price/SqFt: 3666.74
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
View: Ocean
Waterfront Details: Oceanfront
Exterior Features: Auto Sprinkler; Awnings; Covered Balcony; Covered Patio; Open Balcony; Summer Kitchen
Interior Features: Bar; Closet Cabinets; Fireplace(s); Foyer; Pantry; Volume Ceiling; Walk-in Closet; Wet Bar
Porch/Patio/Balcony: Balcony; Patio
Master Bedroom/Bath: 2 Master Baths; Mstr Bdrm - Sitting; Separate Shower; Separate Tub
Furnished: Unfurnished
Rooms: Den/Office; Family; Media; Storage
Parking: 2+ Spaces; Driveway; Garage - Attached
Subdiv. Amenities: Library; Pool
Restrict: Historic Designation
Security: Security Sys-Owned
Flooring: Marble; Tile; Wood Floor
Heating: Zoned
Cooling: Zoned
Equip/Appl Included: Dishwasher; Disposal; Dryer; Freezer; Ice Maker; Microwave; Range - Gas; Refrigerator; Washer
Dining Area: Breakfast Area; Formal
Roof: Concrete Tile
Terms Considered: Cash; Conventional
Utilities: Cable; Gas Natural; Public Sewer; Public Water
Taxes: City/County
Possession: At Closing
Showing Instructions: Text Listing Agent
Supplements
The decorative ironwork, the paneling and Mediterranean tile work dating back from Addison Mizner's workshop. The dining room features a coffered ceiling, carved columns, floor tiles and paneled doors which are all part of the original construction. This prestigious estate offers sprawling ocean views from the master suite along with 4 private guest suites and breathtaking courtyard gardens. No other home In-Town exemplifies the classic Palm Beach with its timeless architecture.
Room Information
Room Name Length Width Length Level Width
Living Room28.0021.0028.00First21.00
Kitchen24.3012.0024.30Main12.00
Master Bedroom14.7013.7014.70Main13.70

Listing Office: Douglas Elliman (Palm Beach)

Last Updated: March - 16 - 2021

172 S Ocean Boulevard, Palm Beach, FL 33480 - MLS# RX-10630179

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