123 Ocean Homes for Sale

123 Ocean is a luxury waterfront, luxury community in Palm Beach Shores, Palm Beach County, Florida. Properties are priced from $1,500,000 to $5,600,000. Pure Equity lists homes in 123 Ocean and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers 123 Ocean and the Palm Beach Shores area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 123 Ocean Palm Beach Shores homes for sale as of October 2026. The median asking price is $3.55M. Asking prices run from $1.5M to $5.61M.

That is 95% above the Palm Beach Shores median of $1.82M. On a per-foot basis, homes here ask about $1,627 per square foot, compared with $877 across Palm Beach Shores. So the median price buys roughly 2,200 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 236 days on the market. That is slower than the Palm Beach Shores average of 149 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in 123 Ocean date from 2027, so they are about -1 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

123 Ocean includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

123 Ocean has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $3.55M, 123 Ocean sits in the luxury tier of Palm Beach Shores. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median 123 Ocean price means in Florida closing terms. At $3.55M, a 20% down payment comes to about $710,000, leaving a loan near $2.84M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $9,943. Next, the intangible tax of 0.2% adds about $5,682. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the 123 Ocean median, that is about $24,857.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent 123 Ocean listings show assignments to Lincoln (elementary), John F. Kennedy (Palm Beach) (middle) and William T. Dwyer (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.