$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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Mortgage History

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

Deed 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

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Source: BeachesMLS

MLS Number: R11044290

BeachesMLS

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