NEW CONSTRUCTION
$3M PRICE DROP
1540 S Ocean Blvd Palm Beach, FL 33480
Estimated payment $492,615/month
Total Views
51,817
8
Beds
15
Baths
14,969
Sq Ft
$5,675
Price per Sq Ft
Highlights
- Ocean Front
- New Construction
- Recreation Room
- Palm Beach Public School Rated A-
- Heated Spa
- Roman Tub
About This Home
Spectacular New Oceanfront Estate on Billionaires Row - Introducing a newly constructed oceanfront compound on prestigious Billionaires Row, offering panoramic views of the Atlantic Ocean and a refined coastal living experience. This remarkable estate includes a main residence, guest house, and a private tunnel providing direct access to an oceanfront beach cabana. Bermuda-style architecture blends effortlessly with sleek transitional interiors, custom finishes, and curated furnishings throughout the property.Encompassing approximately 16,500+/- total square feet on .98+/- acres, the estate has 8 bedrooms, 12 full bathrooms, and 3 half baths. The main house features 5 bedrooms, 7 full bathrooms, 2 half bathrooms, 1 cabana bathroom, and a two-car garage. The guest house includes
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $265,134
Year Built
- Built in 2024 | New Construction
Lot Details
- 0.98 Acre Lot
- Ocean Front
- Property is zoned R-A
Parking
- 6 Car Attached Garage
- Garage Door Opener
- Driveway
Interior Spaces
- 14,969 Sq Ft Home
- 3-Story Property
- Elevator
- Wet Bar
- Built-In Features
- Bar
- Fireplace
- French Doors
- Entrance Foyer
- Family Room
- Formal Dining Room
- Den
- Recreation Room
- Ocean Views
- Impact Glass
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- <<builtInOvenToken>>
- Gas Range
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 8 Bedrooms
- Walk-In Closet
- Roman Tub
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated Spa
- In Ground Spa
- Private Pool
Outdoor Features
- Property has ocean access
- Balcony
- Open Patio
- Outdoor Grill
Utilities
- Central Heating and Cooling System
Community Details
- Ocean View Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434402020000070
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2022 | $156,091 | $10,029,635 | $0 | $0 |
| 2021 | $124,704 | $8,882,916 | $8,680,000 | $202,916 |
| 2020 | $101,470 | $6,096,400 | $6,090,000 | $6,400 |
| 2019 | $118,939 | $7,006,613 | $7,000,000 | $6,613 |
| 2018 | $46,024 | $2,807,289 | $0 | $0 |
| 2017 | $46,040 | $2,749,548 | $0 | $0 |
| 2016 | $45,807 | $2,692,995 | $0 | $0 |
| 2015 | $47,372 | $2,674,275 | $0 | $0 |
| 2014 | $47,600 | $2,653,051 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Price Changed | $84,950,000 | -3.5% | $5,675 / Sq Ft |
| 10/17/2024 10/17/24 | For Sale | $88,000,000 | +738.1% | $5,879 / Sq Ft |
| 02/12/2021 02/12/21 | Sold | $10,500,000 | 0.0% | $2,921 / Sq Ft |
| 02/12/2021 02/12/21 | For Sale | $10,500,000 | -- | $2,921 / Sq Ft |
Source: BeachesMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $10,500,000 | Attorney | |
| Deed | $10,500,000 | None Listed On Document | |
| Deed | $10,500,000 | None Listed On Document | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $9,000,000 | New Conventional |
Source: Public Records
Similar Homes in Palm Beach, FL
Source: BeachesMLS
MLS Number: R11029429
APN: 50-43-44-02-02-000-0080
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