Coral Gables Real Estate | Homes & Condos for Sale in Coral Gables FL | EWM
Waterfront - New Construction
Address
1540 S Ocean Boulevard, Palm Beach, FL
Price
$ 74,900,000
Property Attributes
  • MLS#261174
  • TypeSingle Family
  • Listing Status Active
  • CountyPalm Beach
  • CityPalm Beach
  • AreaSouth of Worth Ave to Sloans Curve
  • NeighborhoodOcean View
  • Zip33480
  • StyleBermuda
  • Year Built2025
  • Taxes$ 630338
  • Price$ 74,900,000
  • Bedrooms8
  • Full Bathrooms12
  • Half Bathrooms3
  • Sqr Footage14969
  • Lot Size0.98 Acres
Data Source:
Palm Beach Board of REALTORS®
Property Description

Welcome to the only true new construction residence available on the ocean in Palm Beach. Set along Billionaire's Row, one of South Florida's most coveted stretches of coastline, this extraordinary private estate embodies quintessential island living. Just recently completed in 2025, the approximately 17,368-square-foot compound is comprised of three structures: a gracious main residence, a separate guest house, and a remarkable private beach cabana directly on the sand (one of only 5 on Billionaire's Row). Masterfully configured with 8 bedrooms, 12 full bathrooms, and a 6-car garage, this residence--featuring Bermuda-inspired architecture by Dailey Janssen. --intentionally embraces possibilities for both grand entertaining and intimate family life alike. Shaded oversized loggias extend the living spaces into the landscape, while a peaceful central courtyard provides a private moment of calm. A beautifully appointed pool anchors the grounds, separating the main residence from the detached guest wing. A private underground tunnel connects the main residence directly to the beach, where the private oceanfront cabana awaits. With plans approved for a beachfront plunge pool adjacent to it, the cabana transforms the shoreline into a private extension of the estate--a place to retreat, entertain, and participate in any range of water sports and activities. Set on nearly an acre with a notable 20.3-foot elevation, this iconic, resort-style home offers an exceptional combination of scale, privacy, and security in one of Palm Beach's most prestigious and exclusive settings. Just moments from the best entertainment and recreation in the Town of Palm Beach, this never-lived-in estate is also conveniently positioned just minutes by car from the bustling commercial hub of downtown West Palm Beach. Ideally situated and incredibly well finished, this turn-key oceanfront estate is ready for immediate enjoyment.

Price History
9/8/2026 Listed $74,900,000

General Features

Living Area 14969
Heating Central Heat,Multi Zone Heat
Cooling Multi Zone Air,Central Air
Utilities Cable Available,Sewer
Zoning R-A - Estate Residential
Security Features Smoke Detectors,Security System
Year Built 2025
Property Subtype Single Family Residence
Tax Year 2026
County Palm Beach
Property Type Residential
Total Rooms 1
Status Active
City Palm Beach
MLS Area 03 - South of Worth Ave to Sloans Curve
Lot Size Square Feet 42710
MLS Area Minor 03 - South of Worth Ave to Sloans Curve
Standard Status Active
Possession Close Of Escrow
Waterfront Features Ocean-Direct,Ocean-Across Street
Subdivision Name Ocean View
Lot Size Units Square Feet
Listing Terms Cash Terms,Conventional Mtg
Other Structures Guesthouse/Cottage,Cabana
Pool Features Pool
Patio/Porch Features Patio/Lanai
Roof Slate,Other
Garage Y/N true
Architectural Style Bermuda
Garage Spaces 6
New Construction true
Property Condition New Construction

Interior Features

Flooring Hardwood,Marble,Other Flooring
Air Conditioning Y/N true
Heating Y/N true
Total Baths 15
Interior Amenities Ceiling Fan(s),Elevator,Fireplace,Storage,Wet Bar
Window Features Impact Glass,Impact Glass-Full

Exterior Features

Exterior Amenities Balcony,Ocean Access-Deeded,Sprinkler System,Impact Windows
Lot Size Area 42710
Waterfront Y/N true
Building Area Total 17368
Lot Size Acres 0.98
Lot Features 1/2 Acre to 1 Acre,Corner Lot,Other (See Remarks)
LotDimensionsSource Yes
Water Source City Water
Parking Features Attached,Door Opener
Lot Dimensions 235

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33480

Price
AVG $27.23M
$74.9M
Taxes
AVG $137,654
$630,338
Year Built
AVG 1971
2025

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