$51,420,000
SOLD APR 24, 2025

516 S Ocean Blvd Palm Beach, FL 33480

7 Beds
11 Baths
9,949 Sq Ft
0.52 Acres

Recently Sold

$5,168 Per Sq Ft

14% Below List Price

119 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Roman Tub
  • Palm Beach Public School Rated A-
  • Heated Pool
  • Marble Flooring

About This Home

As of April 2025

This luxurious Mediterranean oceanfront seven-bedroom estate has been beautifully renovated and is set on over half an acre offering stunning water views with a wealth of amenities for effortless coastal living. Curated by AD 100 designer Daniel Romualdez for gracious entertaining, it features an ocean-view living room with a gas fireplace, a club room with a full bar, a paneled oceanfront library, a day oceanfront living room, a formal dining room, a wood beamed entertainment room, and a gourmet chef's eat-in kitchen with a marble island, high end appliances, and a butler's pantry. Beachside enjoyment is elevated with covered loggias overlooking both the ocean and the pool, an expansive heated pool with a built-in spa, a cabana with a bath, and a shaded patio for poolside dining.

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $436,545

Year Built

  • Built in 2015

Lot Details

  • Ocean Front
  • Property is zoned R-A--EST

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 9,949 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Patio

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Singer Add To P B In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434326030000040

Home Details

Home Type

Single Family

Est. Annual Taxes

$436,545

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2015
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble, Tile, Wood
  • Living Area: 9949.0
  • Dining Room Type: Den, Family Room, Laundry, Media Room, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Ocean, Pool
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434326030000040
  • Zoning Description: R-A--EST

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 436545.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Jun 12, 2020
Sold by
Sinclair Christopher A and Sinclair Margaret D
Bought by
Rabideau Guy and The 516S0b Trust
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
JAMES MCCANN
THE CORCORAN GROUP
List Price
$24,244,175
Sold Price
$24,244,175
Total Days on Market
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.12%

Purchase Details

Listed on
Jan 23, 2013
Closed on
Aug 1, 2013
Sold by
516 South Ocean Boulevard Llc
Bought by
Sinclair Christopher A and Sinclair Margaret D
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$9,900,000
Sold Price
$8,694,912
Premium/Discount to List
-$1,205,088
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%

Purchase Details

Closed on
Aug 4, 2011
Sold by
516 Ocean Blvd Llc
Bought by
516 South Ocean Boulevard Llc

Purchase Details

Closed on
Apr 15, 2010
Sold by
Feldman Robert M and Feldman Amy
Bought by
516 Ocean Blvd Llc

Purchase Details

Closed on
Sep 30, 2008
Sold by
516 South Ocean Holdings Inc
Bought by
Feldman Robert M and Feldman Amy

Purchase Details

Closed on
Dec 1, 2005
Sold by
South Ocean Drive Llc
Bought by
516 South Ocean Holdings Inc

Purchase Details

Closed on
Sep 30, 2005
Sold by
South Ocean Drive Llc
Bought by
516 South Ocean Holdings Inc

Purchase Details

Closed on
Dec 21, 2004
Sold by
Perillo Joseph and Pfister Suzanne
Bought by
South Ocean Drive Llc

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $24,244,175 Attorney
Warranty Deed $8,694,911 Attorney
Warranty Deed $6,200,000 Attorney
Warranty Deed -- None Available
Warranty Deed $10,400,000 None Available
Special Warranty Deed -- --
Warranty Deed $8,050,000 --
Deed $6,250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $14,025,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $51,420,000 -10.6% $5,168 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
03/06/2025 03/06/25 Price Changed $57,500,000 -4.2% $5,779 / Sq Ft
12/12/2024 12/12/24 For Sale $60,000,000 +147.5% $6,031 / Sq Ft
06/12/2020 06/12/20 Sold $24,244,175 0.0% $2,878 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $24,244,175 +178.8% $2,878 / Sq Ft
08/01/2013 08/01/13 Sold $8,694,912 0.0% --
08/01/2013 08/01/13 Sold $8,694,912 -12.2% --
07/02/2013 07/02/13 Pending -- -- --
05/07/2013 05/07/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $9,900,000 +13.9% --
10/11/2012 10/11/12 For Sale $8,694,912 -- --
Source: BeachesMLS

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 $436,545 $25,922,917 -- --
2023 $422,527 $23,566,288 $0 $0
2022 $393,538 $21,423,898 $0 $0
2021 $317,312 $19,476,271 $12,400,000 $7,076,271
2020 $211,813 $12,803,156 $8,700,000 $4,103,156
2019 $223,173 $13,212,025 $0 $0
2018 $211,950 $12,965,677 $0 $0
2017 $212,133 $12,698,998 $8,314,166 $4,384,832
2016 $215,735 $12,582,409 $0 $0
2015 $142,341 $7,796,745 $0 $0
2014 $128,617 $7,087,950 $0 $0
Source: Public Records

Source: BeachesMLS

MLS Number: R11044290

BeachesMLS

APN: 50-43-43-26-03-000-0040

Florida Palm Beach County Palm Beach 33480

516 S Ocean Blvd, Palm Beach, FL

Homes for Sale in Palm Beach, FL

This home is located at 516 S Ocean Blvd, Palm Beach, FL 33480 and is currently priced at $51,420,000, approximately $5,168 per square foot. This property was built in 2015. 516 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High 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.

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