Florida ID: 5685
1220 South Ocean Blvd
This home has been sold
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- Garage Spaces5
- Approx. Sq. Ft.27,355
- Intracoastal view
This investment grade opportunity is at the top of its asset class and is located in Palm Beach, America's most prestigious resort. Simply one of the most beautiful and exclusive waterfront estate homes ever built on the Island of Palm Beach. This French inspired masterpiece, completed in 2011, is located along storied Billionaire’s Row, and is minutes from world famous Worth Avenue, shopping, restaurants, private clubs, and world class marinas and is just four miles to Palm Beach International Airport and the private jet terminals. Gracefully sited on 2.5 private and secure acres, this elegant and refined residence is positioned well back on the property, creating a classic and very impressive entry progressing from the decorative iron gates past sculptured gardens and fountains, to a broad motor court. In over 20,000 SF of living with an additional 7,000 SF of loggias, garages & guest house, the estate is defined by exquisite craftsmanship, impeccable attention to every detail and is calibrated for 21st Century living. An art collector's dream showcase home. Dockage. Separate service entry gate with generous onsite parking. This is an important property.
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According to early settler accounts, Palm Beach received its name from the shipwreck of the "Providencia."
The ship washed ashore in January of 1878 with a cargo of cocoanuts bound from Havana to Barcelona. Early settlers lost no time salvaging and planting the cocoanuts, which were not native to South Florida, hoping to launch the area into the commercial cocoanut industry. But this lush barrier island, 16 miles long and located 65 miles north of Miami, was destined for much bigger things. Its close proximity to the warm waters of the Gulf Stream produced a hothouse environment where the crème de la crème would flourish.