Ultra-luxury oceanfront buyers in Palm Beach pursue two distinct strategies according to Loodmy Jacques of The Jacques Team: acquiring turnkey estates requiring minimal personalization, or securing substantial oceanfront holdings that provide foundations for creating fully customized legacy compounds.
The 911 North Ocean Boulevard property at $185 million represents what Jacques characterizes as a canvas opportunity, where approximately 2.25 acres with over 250 feet of direct Atlantic frontage provide scale and positioning rarely available in Palm Beach’s constrained market.
“What makes this property special is the convergence of factors that can’t be replicated,” Jacques explains. “The 2.25-acre footprint with direct oceanfront is rare in Palm Beach. You’re looking at a compound that offers commanding Atlantic views, privacy, and the scale needed to create something significant.”
Scale as Irreplaceable Asset
Assembling 2.25 contiguous oceanfront acres through new acquisition is functionally impossible in Palm Beach, Jacques notes. Existing parcels rarely exceed one acre, and adjacent property owners seldom sell simultaneously to enable assemblage.
The 17,572 square foot main residence, built in 1976 with a 2010 renovation, plus a separate guesthouse, totals twelve bedrooms and eighteen bathrooms. The property includes a championship tennis court, resort-style infinity pool, formal gardens, a four-car garage, plus four additional parking spaces.
“The combination of direct ocean frontage, mature formal gardens, a championship tennis court, and existing improvements creates immediate livability while offering the flexibility to reimagine the estate according to individual vision,” Jacques notes.
Development Flexibility
Jacques observes that buyers at this market level approach substantial oceanfront holdings with varied timelines. Some seek immediate occupancy with minor updates, while others view properties as long-term projects, enabling comprehensive transformation.
“Whether a buyer chooses to enjoy the estate as it stands or envisions it as the foundation for a new legacy property, opportunities of this caliber don’t come available often,” he says.
The 1976 construction with 2010 renovation provides infrastructure, including impact glass windows, zoned climate control, and updated systems. The property features marble, terrazzo, and hardwood flooring, multiple fireplaces, a professional kitchen with a wine refrigerator, and a wet bar.
Entertaining Scale
Jacques highlights substantial room dimensions reflecting Palm Beach entertaining standards. The 30-foot by 18-foot living room, 24-foot by 16-foot formal dining room, and 28-foot by 18-foot kitchen accommodate significant gatherings. A 27-foot by 17-foot loggia connects interior spaces to oceanfront grounds.
“The substantial room dimensions, from the 30-foot living room to the 28-foot kitchen, demonstrate the scale throughout,” Jacques explains.
Primary bedroom suites measuring 30 feet by 25 feet and 20 feet by 20 feet reflect a generous spatial allocation, with rooms positioned to capture Atlantic views.
Positioning and Value
At approximately $10,528 per square foot, the pricing reflects the oceanfront location and land value, rather than improvement metrics alone. Jacques emphasizes that at this tier, land value and positioning drive valuations more than traditional per-square-foot analysis.
“The property’s scale and oceanfront positioning represent a rare opportunity in Palm Beach’s luxury market,” he says. “The 2.25-acre footprint provides privacy and development potential not typically available on the island.”
The North Ocean Boulevard address positions the property within Palm Beach’s most prestigious corridor, offering exclusivity while maintaining access to Worth Avenue, championship golf courses, and cultural amenities.
Legacy Estate Framework
The separate guesthouse creates a compound configuration that Jacques says distinguishes significant estates from single-residence properties, enabling multi-generational use and guest accommodation.
“These are legacy properties,” Jacques notes. “You’re securing a piece of Palm Beach oceanfront that can serve your family for generations. The scale allows for multi-generational use, the privacy creates a family compound environment, and the location ensures the property will remain among the island’s most significant estates.”
The over 250 feet of direct Atlantic frontage creates what Jacques identifies as the irreplaceable component of oceanfront value: unobstructed views and beach access at a substantial scale.
Loodmy Jacques leads The Jacques Team, specializing in Palm Beach luxury real estate and oceanfront properties throughout Palm Beach County’s premium residential markets.
View the listing: 911 North Ocean Boulevard, Palm Beach
Disclosure: Individuals or companies mentioned may have a commercial relationship with KeyCrew.
