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516 S Ocean Boulevard, Palm Beach, FL 33480

$51,420,000

Virtual Tour

https://www.propertypanorama.com/516-S-Ocean-Boulevard-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 7 Baths: 11 Square Footage: 11,489 Status: Closed

Current Price: $51,420,000 List Date: 12/12/2024 Last Modified: 1/13/2026

Description

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.

Supplements: Deeded ocean parcel with a 100 feet of ocean frontage. Additional conveniences include an elevator, a 3-car garage, a full-house generator, and two laundry rooms.

More Information MLS# R11044290

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-12-12 Status: Closed Original List Price: 60000000 Sold Price: $51,420,000 Current Price: $51,420,000

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: 516 Street Direction Prefix: S Street Name: Ocean Street Suffix: Boulevard State Or Province: FL Postal Code: 33480 Subdivision Name: SINGER ADD TO P B IN Area: 5003 Parcel Number: 50434326030000040 Zoning: R-A—ESTATE RESI

General Property Information

Living Area Main: 9949 Gated Community YN: No Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Furnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 7 Bathrooms Total: 11 Bathrooms Full: 9 Bathrooms Half: 2 Building Area Main: 11489 Building Area Source: Other Year Built: 2015 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 3 Covered Spaces: 3 Waterfront YN: 1 Direction Faces: East

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 436545 Tax Year: 2024 Tax Legal Description: SINGERS ADDITION LOT 4 & LAND LYG E OF LOT 4 BET OCEAN BLVD & ATLANTIC OCEAN

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2025-04-25T17:54:14Z Major Change Type: Status Change Price Change Timestamp: 2025-03-06T15:57:35Z Status Change Date: 2025-04-25 Under Contract Date: 2025-04-10 Close Date: 2025-04-24 Close Price: 51420000

Amenities

None: 1

Dining Area

Breakfast Area: 1 Eat-In Kitchen: 1 Formal Dining: 1

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Exterior Features

Pool Bathroom: 1

Flooring

Carpet: 1 Marble: 1 Wood: 1

Parking Features

Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Other Structures

Cabana: 1

Possession

Close Of Escrow: 1 Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

View

Garden: 1 Pool: 1

Heating

Central: 1 Electric: 1 Zoned: 1

Water Access

Ocean Access: 1

Water View

Ocean: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Free-Standing Freezer: 1 Gas Range: 1 Ice Maker: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Construction Materials

CBS: 1

Interior Features

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

Laundry Features

Inside: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

Heated: 1 Pool Bath: 1

Roof

Spanish Tile: 1

Water Source

Public: 1

Waterfront Features

Ocean Front: 1

Water Heater Details

Electric Water Heater: 1

Architectural Style

Mediterranean: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 2

Master Bedroom/Bath

Dual Sinks: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No 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

Patio Details

Patio - Open: 1

Contingencies

None: 1

Room Types

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

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 5168.35 Original List Price To Close Price: 1.16

Originating Details

Originating System Key: 20241204055624365985000000 Originating System ID: M00000170

Property Features

Dining Area: Breakfast Area; Eat-In Kitchen; Formal Dining Electric: Three Phase Exterior Features: Pool Bathroom Flooring: Carpet; Marble; Wood Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Oven; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Mediterranean Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Heating: Central; Electric; Zoned Interior Features: Bar; Built-in Features; Cabana Bath; Elevator; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Pantry; Roman Tub; Storage; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Other Structures: Cabana Pets Allowed YN: Yes Pool Features: Heated; Pool Bath Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Roof: Spanish Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden; Pool Water Access: Ocean Access Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony; Patio Patio Details: Patio - Open Contingencies: None Room Types: Den; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Media Room

Room Information

Living Room Length: 24.00 Length: 24.00 Width: 19.00 Width: 19.00 Level: Main Kitchen Length: 19.60 Length: 19.60 Width: 15.00 Width: 15.00 Level: Main Master Bedroom Length: 24.00 Length: 24.00 Width: 18.00 Width: 18.00 Level: Upper Family Room Laundry Media Room

Listing Office: The Corcoran Group

Last Updated: January - 13 - 2026

516 S Ocean Boulevard, Palm Beach, FL 33480- MLS# R11044290

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