$55,500,000
SOLD MAY 23, 2025

1140 S Ocean Blvd Lantana, FL 33462

13 Beds
16 Baths
23,399 Sq Ft
1.6 Acres

Recently Sold

$2,372 Per Sq Ft

42% Below List Price

210 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Boat Ramp
  • Fitness Center
  • Ocean View
  • Property has ocean access
  • Home Theater

About This Home

As of May 2025

Welcome to 1140 S Ocean Blvd, the premier new construction waterfront opportunity in the exclusive enclave of Manalapan. This one of a kind, ocean-to-lake estate offers the epitome of luxury living with unparalleled modern design and contemporary sophistication along this prominent stretch of land. With 150 feet +/- of direct ocean frontage, the property boasts 23,000+ total SF, including a 19,000 SF main house with 9 bedrooms (with both an upstairs and downstairs primary suite), and a remarkable 4,000 SF guest house with 4 full bedrooms. This compound is currently being built by renowned developer and builder Joe Farrell of The Farrell Companies. This masterfully configured residence has the most stunning ocean and Intracoastal views at the highest elevation in Manalapan. This home will

Last Agent to Sell the Property

Margit Brandt

Premier Estate Properties, Inc License #3430177 Listed on: 08/13/2024

Last Buyer's Agent

Margit Brandt

Premier Estate Properties, Inc License #3430177 Listed on: 08/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $400,636

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 1.6 Acre Lot
  • 150 Feet of Waterfront
  • Ocean Front
  • Lake Front
  • Property fronts an intracoastal waterway
  • Property is zoned R-1C(c

Parking

  • 8 Car Garage

Property Views

  • Ocean
  • Intracoastal
  • Lake

Interior Spaces

  • 23,399 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Bar
  • Entrance Foyer
  • Great Room
  • Home Theater
  • Den

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 42434502010000144

Community Details

Overview

  • Hypoluxo Beach Map Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Pickleball Courts
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$400,636

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

8

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2025
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, Elevator, Custom Mirrors, Pantry, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 13
  • Half Bathrooms: 3
  • Total Bedrooms: 13
  • Flooring: Other
  • Living Area: 23399.0
  • Dining Room Type: Den, Great Room, Media Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Intercoastal, Lake, Ocean
  • Road Frontage Type: Waterfront
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lake Front, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Other
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: New Construction
  • FrontageLengthRemarks: 150

Garage/Parking

  • Covered Parking Spaces: 8.0
  • Garage Spaces: 8.0
  • Garage Yn: Yes

Utilities

  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Pickleball
  • Senior Community: No
  • Amenities: Fitness Center, Pickleball
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 42434502010000144
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 69835.0
  • Zoning Description: R-1C(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 400636.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 19, 2024
Sold by
Sherman Mark
Bought by
1140 S Ocean Llc
Seller's Agent
Pier Paolo Visconti
Douglas Elliman
List Price
$58,800,000
Sold Price
$32,500,000
Premium/Discount to List
-$26,300,000
-44.73%
Views
629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-72.24%

Purchase Details

Closed on
Jul 13, 2012
Sold by
Sherman Isabelle
Bought by
Sherman Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2000
Sold by
Chambers Susan
Bought by
Sherman Mark

Purchase Details

Closed on
Jan 2, 1998
Sold by
Chambers Constantine P
Bought by
Chambers Constantin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,100,000
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 1994
Sold by
Cantor Edward A
Bought by
Chambers Constantine Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $32,500,000 None Listed On Document
Warranty Deed $5,000,100 Attorney
Warranty Deed $8,000,000 --
Quit Claim Deed -- --
Deed $5,708,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000,000 New Conventional
Previous Owner $3,000,000 Credit Line Revolving
Previous Owner $800,000 Credit Line Revolving
Previous Owner $4,100,000 New Conventional
Previous Owner $3,500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $55,500,000 -41.6% $2,372 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
08/13/2024 08/13/24 For Sale $95,000,000 +192.3% $4,060 / Sq Ft
01/19/2024 01/19/24 Sold $32,500,000 -44.7% $2,054 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $58,800,000 0.0% $3,717 / Sq Ft
05/03/2023 05/03/23 For Sale $58,800,000 +80.9% $3,717 / Sq Ft
05/01/2023 05/01/23 Off Market $32,500,000 -- --
04/29/2023 04/29/23 For Sale $59,000,000 +81.5% $3,729 / Sq Ft
04/28/2023 04/28/23 Off Market $32,500,000 -- --
11/28/2022 11/28/22 For Sale $59,000,000 -- $3,729 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $400,636 $22,791,260 -- --
2023 $365,343 $20,719,327 $0 $0
2022 $297,825 $18,835,752 $0 $0
2021 $119,647 $7,281,013 $0 $0
2020 $163,001 $9,769,354 $8,550,000 $1,219,354
2019 $117,794 $7,019,048 $0 $0
2018 $111,049 $6,888,173 $0 $0
2017 $109,147 $6,746,497 $0 $0
2016 $110,022 $6,607,735 $0 $0
2015 $114,755 $6,561,802 $0 $0
2014 $115,158 $6,509,724 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Margit Brandt

    Premier Estate Properties, Inc

    (561) 659-6400

    1 in this area

    51 Total Sales

    Section Image
  • Pier Paolo Visconti

    Seller's Agent in 2024

    Pier Paolo Visconti

    Douglas Elliman

    1 in this area

    19 Total Sales

    Section Image
  • Claudia Llanes

    Seller Co-Listing Agent in 2024

    Claudia Llanes

    Douglas Elliman

    (786) 449-8688

    1 in this area

    13 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R11012157

BeachesMLS

APN: 42-43-45-02-01-000-0144

Florida Palm Beach County Lantana 33462

1140 S Ocean Blvd, Lantana, FL

This home is located at 1140 S Ocean Blvd, Lantana, FL 33462 and is currently priced at $55,500,000, approximately $2,371 per square foot. This property was built in 2025. 1140 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes