516 S Ocean Blvd Palm Beach, FL 33480
5
Beds
7
Baths
8,423
Sq Ft
0.52
Acres
Highlights
- 100 Feet of Waterfront
- Property has ocean access
- Marble Flooring
- Palm Beach Public School Rated A-
- Cabana
- Mediterranean Architecture
About This Home
As of April 2025Modern Seaside Mediterranean with deeded beach parcel. Ensconced on a ½+ acre lot directly across from the beach, this casually elegant estate enjoys sweeping ocean views and every amenity for relaxed living. Gracious entertaining comes naturally in the ocean-side living room with gas fireplace, media room with full bar, formal dining room for 10, all served by a gourmet chef's marble island kitchen with top-tier appliances and butler's pantry. Beachside living is enhanced with dual ocean view and pool view covered loggias, an oversized heated pool with built-in spa, cabana w/bath and covered patio for poolside dining. Amenities include: elevator, 3-car garage, full house generator, 2 laundry rooms, east & west loggias. DISCLAIMER:
The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Copyright 2019 Listing Company. All Rights Reserved.
Last Agent to Sell the Property
Premier Estate Properties, Inc. - Palm Beach License #BK-397290
Last Buyer's Agent
JAMES MCCANN
THE CORCORAN GROUP
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $222,293
Year Built
- Built in 2015
Lot Details
- 0.52 Acre Lot
- 100 Feet of Waterfront
- Ocean Front
- East Facing Home
- Back Yard Fenced
- Property is zoned RA
Parking
- 3 Car Attached Garage
Home Design
- Mediterranean Architecture
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 8,423 Sq Ft Home
- 2-Story Property
- Elevator
- Central Vacuum
- Fireplace
- Dining Room
- Library
Kitchen
- Gas Range
- Microwave
- Freezer
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wall to Wall Carpet
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- 7 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Pool
- Cabana
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Property has ocean access
- Balcony
- Attached Grill
Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- Singer Addition Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434326030000040
Map
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Home Values in the Area
Average Home Value in this Area
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: Palm Beach Board of REALTORS®
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
Similar Home in Palm Beach, FL
Source: Palm Beach Board of REALTORS®
MLS Number: 19-1959
APN: 50-43-43-26-03-000-0040
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