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516 S Ocean Boulevard, Palm Beach, FL 33480 (MLS# RX-11044290)

516 S Ocean Boulevard, Palm Beach, FL 33480

$51,420,000
Property Type: Residential Bedrooms: 7 Baths: 9.2 Square Footage: 9,949 Status: Closed
Current Price: $51,420,000 Last Modified: 4/25/2025

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# RX-11044290

Contract Information

Auction: No List Price/SqFt: 5779.47 Listing Date: 2024-12-12 Status: Closed Original List Price: 60000000 Sold Price: $51,420,000 Current Price: $51,420,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 0 Main Level Bathrooms: 2 Property Condition: Resale SqFt - Total: 11489 Waterfront: Yes SqFt Source: Other Gated Community: No Covered Spaces: 3 Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: No Front Exp: East Association Deposit: No Membership Fee Required: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 7 Baths - Full: 9 Baths - Half: 2 Baths - Total: 9.2 Year Built: 2015 SqFt - Living: 9949 Garage Spaces: 3 Subdivision: SINGER ADD TO P B IN Legal Desc: SINGERS ADDITION LOT 4 & LAND LYG E OF LOT 4 BET OCEAN BLVD & ATLANTIC OCEAN Total Floors/Stories: 2

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2024 Zoning: R-A—ESTATE RESI Short Sale A/U: N/A Short Sale Addendum: No Taxes: 436545 Special Assessment: No REO: No Area: 5003 County: Palm Beach Parcel ID: 50434326030000040 Street #: 516 Street Dir: S Street Name: Ocean Street Suffix: Boulevard Zip Code: 33480 Geo Lat: 26.697564 Geo Lon: -80.033918

Office/Member Info

DXORIGMLNO: RX-11044290 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 5168.35 Under Contract Date: 2025-04-10 Sold Date: 2025-04-24 Sold Price: $51,420,000

Design

Mediterranean: 1

Construction

CBS: 1

Master Bedroom/Bath

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

View

Garden: 1 Ocean: 1 Pool: 1

Rooms

Cabana Bath: 1 Den/Office: 1 Family: 1 Laundry-Inside: 1 Media: 1 Pool Bath: 1 Storage: 1

Waterfront Details

Ocean Access: 1 Oceanfront: 1

Equip/Appl Included

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

Private Pool Description

Heated: 1

Cooling

Ceiling Fan: 1 Central: 1 Electric: 1

Heating

Central: 1 Electric: 1 Zoned: 1

Exterior Features

Cabana: 1 Open Patio: 1

Furnished

Furnished: 1

Interior Features

Bar: 1 Built-in Shelves: 1 Elevator: 1 Entry Lvl Lvng Area: 1 Fireplace(s): 1 Foyer: 1 French Door: 1 Kitchen Island: 1 Pantry: 1 Roman Tub: 1 Volume Ceiling: 1 Walk-in Closet: 1

Flooring

Carpet: 1 Marble: 1 Tile: 1 Wood Floor: 1

Porch/Patio/Balcony

Balcony: 1 Patio: 1

Utilities

Cable: 1 Electric: 1 Public Sewer: 1 Public Water: 1

Parking

2+ Spaces: 1 Garage - Attached: 1

Restrict

None: 1

Roof

S-Tile: 1

Subdiv. Amenities

None: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1 Funding: 1

Window Treatments

Impact Glass: 1

Storm Protection

Impact Glass: Complete

Dining Area

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

Taxes

City/County: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Design: Mediterranean Construction: CBS View: Garden; Ocean; Pool Waterfront Details: Ocean Access; Oceanfront Private Pool Description: Heated Exterior Features: Cabana; Open Patio Interior Features: Bar; Built-in Shelves; Elevator; Entry Lvl Lvng Area; Fireplace(s); Foyer; French Door; Kitchen Island; Pantry; Roman Tub; Volume Ceiling; Walk-in Closet Furnished: Furnished Rooms: Cabana Bath; Den/Office; Family; Laundry-Inside; Media; Pool Bath; Storage Parking: 2+ Spaces; Garage - Attached Restrict: None Flooring: Carpet; Marble; Tile; Wood Floor Heating: Central; Electric; Zoned Cooling: Ceiling Fan; Central; Electric Dining Area: Breakfast Area; Eat-In Kitchen; Formal Roof: S-Tile Terms Considered: Cash; Conventional Utilities: Cable; Electric; Public Sewer; Public Water Window Treatments: Impact Glass Taxes: City/County Possession: At Closing; Funding Contingencies: None

Room Information

Living Room Length: 24.00 Width: 19.00 Length: 24.00 Level: Main Width: 19.00 Kitchen Length: 19.60 Width: 15.00 Length: 19.60 Level: Main Width: 15.00 Master Bedroom Length: 24.00 Width: 18.00 Length: 24.00 Level: Upper Width: 18.00
Listing Office: The Corcoran Group
Last Updated: April - 25 - 2025
516 S Ocean Boulevard, Palm Beach, FL 33480- MLS# RX-11044290
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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