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1540 S Ocean Boulevard, Palm Beach, FL 33480

$79,500,000
Property Type: Residential Bedrooms: 8 Baths: 15 Square Footage: 16,571 Lot Size (sq. ft.): 42,689 Status: Active
Current Price: $79,500,000 List Date: 10/17/2024 Last Modified: 2/19/2026

Description

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

Supplements: 3 bedrooms, 4 full bathrooms, 1 half bathroom, and a four-car garage. The property also sits at an impressive 20.3± foot elevation, offering added security and enhanced views. Designed by Dailey Janssen Architects, this stunning residence pairs timeless architectural elements with sweeping ocean vistas. The main residence is thoughtfully laid out with elegant spaces that flow seamlessly. A grand entry foyer opens to a formal sitting room and dramatic stair hall, setting the tone for the home's sophisticated aesthetic. The formal dining room connects to an oceanfront family room, while the gourmet eat-in kitchen is equipped with dual oversized islands and premium appliances, ideal for both everyday living and entertaining. The lower level features a wine cellar, an expansive great room with a fireplace and wet bar, a game room, and a yoga/exercise studio. Upstairs, the primary suite features French doors to a private oceanfront balcony, custom built-ins, dual spa-style baths, two walk-in closets, and a morning bar. Each of the four additional guest bedrooms offers en-suite baths and high-end finishes. The guest house serves as a luxurious retreat for family and guests, with a large great room that opens to a covered loggia. The main level includes two guest bedrooms with en-suite baths and an exercise room. On the upper level, a VIP suite offers a sitting area, walk-in closet, dual-vanity bath, and spacious private terrace. A four-car garage provides abundant parking and storage. For added peace of mind, the property includes a whole-house generator capable of powering the entire estate during any outage. The outdoor space is equally impressive. At the heart of the estate, a central courtyard showcases a resort-style pool and spa, framed by both covered and open-air balconies. A fully equipped summer kitchen elevates the al fresco entertaining experience, while meticulously landscaped grounds create a sense of privacy and calm. Private tunnel to the beachside cabana with potential for a beachfront plunge pool adjacent to the cabana. Located in one of Palm Beach's most coveted areas, this exceptional estate is just minutes from the world-class shopping and dining of Worth Avenue, vibrant Downtown West Palm Beach, top-rated schools, and Palm Beach International Airport. This home perfectly captures the essence of Palm Beach Island living.

More Information MLS# R11029429

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-10-17 Status: Active Original List Price: 88000000 List Price: $79,500,000 Current Price: $79,500,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Special Assessment YN: No Country: United States Street Number: 1540 Street Direction Prefix: S Street Name: Ocean Street Suffix: Boulevard State Or Province: FL Postal Code: 33480 Subdivision Name: OCEAN VIEW Area: 5003 Parcel Number: 50434402020000070 Zoning: R-A

General Property Information

Community Development District YN: No Living Area Main: 14969 Gated Community YN: No Lot Size Area: 42710 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 3 Stories: 3 Fireplace YN: Yes Pool Private YN: Yes Spa YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 8 Bathrooms Total: 15 Bathrooms Full: 12 Bathrooms Half: 3 Building Area Main: 16571 Building Area Source: Builder Year Built: 2025 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 6 Covered Spaces: 6 Lot Size Acres: 0.98 Waterfront YN: 1 Direction Faces: East

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 265134 Tax Year: 2023 Tax Legal Description: OCEAN VIEW LTS 7, 8, 7-A & 8A

Office/Member Information

DXORIGMLSID: RML

Amenities

None: 1

Dining Area

Eat-In Kitchen: 1 Formal Dining: 1 Snack Bar/Counter: 1

Electric

Three Phase: 1

Exterior Features

Built-in Barbecue: 1 Pool Bathroom: 1

Flooring

Marble: 1 Wood: 1 Other: 1

Parking Features

Garage Door Opener: 1 Attached Garage: 1 Garage: 1

Property Condition

New Construction: 1

Short Sale Details

Short Sale Addendum: No

Spa Features

Heated: 1 In Ground: 1

Sewer

Public Sewer: 1

Special Information

Sold As-Is: 1

Utilities

Sewer Available: 1 Water Available: 1

Heating

Central: 1

Water Access

Ocean Access: 1

Water View

Ocean: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Free-Standing Freezer: 1 Gas Range: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1

Interior Features

Bar: 1 Built-in Features: 1 Cabana Bath: 1 Elevator: 1 Entrance Foyer: 1 French Doors: 1 Kitchen Island: 1 Roman Tub: 1 Storage: 1 Walk-In Closet(s): 1 Wet Bar: 1

Laundry Features

Inside: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

In Ground: 1 Pool Bath: 1

Road Frontage Type

East of US-1: 1

Water Source

Public: 1

Waterfront Features

Ocean Front: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1 Call Listing Office: 1

Main Level Rooms

Main Level Bathrooms: 5 Main Level Bedrooms: 2

Master Bedroom/Bath

2 Master Baths: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Restrictions

Other Restrictions: 1

Storm Protection

Impact Glass: Complete

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Patio: 1

Balcony Details

Balcony - Open: 1

Patio Details

Patio - Covered: 1 Patio - Open: 1

Room Types

Den: 1 Family Room: 1 Game Room: 1 Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Upper

Price Calculations

Current Price To SqFt: 5310.97

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2025-12-08T16:48:18Z Major Change Type: Price Reduced Price Change Timestamp: 2025-12-08T16:48:18Z Status Change Date: 2024-10-17

Originating Details

Originating System Key: 20241017172311506561000000 Originating System ID: M00000170

Property Features

Dining Area: Eat-In Kitchen; Formal Dining; Snack Bar/Counter Electric: Three Phase Exterior Features: Built-in Barbecue; Pool Bathroom Flooring: Marble; Wood; Other Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: New Construction Spa Features: Heated; In Ground Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Oven; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Bar; Built-in Features; Cabana Bath; Elevator; Entrance Foyer; French Doors; Kitchen Island; Roman Tub; Storage; Walk-In Closet(s); Wet Bar Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: In Ground; Pool Bath Restrictions: Other Restrictions Road Frontage Type: East of US-1 Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Appointment Only; Call Listing Office Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Patio Details: Patio - Covered; Patio - Open Room Types: Den; Family Room; Game Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/2 To Less Than 1 Acre Lot

Room Information

Living Room Length: 19.00 Length: 19.00 Width: 16.00 Width: 16.00 Level: Main Kitchen Length: 20.00 Length: 20.00 Width: 17.00 Width: 17.00 Level: Main Master Bedroom Length: 19.00 Length: 19.00 Width: 18.00 Width: 18.00 Level: Upper Family Room Laundry Game Room
Listing Office: Christian Angle Real Estate
Last Updated: February - 19 - 2026
1540 S Ocean Boulevard, Palm Beach, FL 33480- MLS# R11029429
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