640 S Ocean Blvd Lantana, FL 33462
South Palm Beach NeighborhoodEstimated payment $532,183/month
Highlights
- Ocean Front
- Cabana
- Traditional Architecture
- Dock has access to electricity and water
- Marble Flooring
- Lanai
About This Home
This ocean to lake coastal property is unlike any other, where 150 feet of ocean frontage meets the elegance of new construction completed in 2020. Immediately upon entering, you're drawn to the eastern facing waterviews in the living room filled with sunshine. This home offers several well-appointed bedrooms and baths designed to offer space, comfort and privacy. Additionally you will find a temperature controlled wine room, his & her powder rooms, gym and spa room and a most inviting bar and lounge. Outside, discover several thoughtfully landscaped gardens, verandas and a summer kitchen perfect for enjoying ocean breezes or head over to the intracoastal for sunsets on the dock which houses two lifts. This oceanfront compound includes two additional structures beyond the main residence; a surveillance and guard house for enhanced security and state-of-the-art stainless steel chef's kitchen, and a charming guest house. This property presents a rare opportunity to indulge in everything that represents coastal living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $704,055
Year Built
- Built in 2019
Lot Details
- Ocean Front
- Property fronts an intracoastal waterway
- Home has East and West Exposure
- Gated Home
- Property is zoned R-C1
Parking
- 4 Car Parking Spaces
Home Design
- Traditional Architecture
- Concrete Block And Stucco Construction
Interior Spaces
- 16,748 Sq Ft Home
- Elevator
- Wet Bar
- Sound System
- Fireplace
- Living Room
- Dining Room
- Library
- Home Gym
- Direct Ocean Views
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 20 Bathrooms
- Bidet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- High Impact Windows
- High Impact Door
Pool
- Cabana
- Pool and Spa
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Property has ocean access
- Dock has access to electricity and water
- Balcony
- Patio
- Lanai
Utilities
- Central Air
- Septic System
Listing and Financial Details
- Assessor Parcel Number 42434502010000022
Community Details
Overview
- No Home Owners Association
- Hypoluxo Beach Subdivision
Security
- Security Guard
Map
Home Values in the Area
Average Home Value in this Area
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 | $704,055 | $46,153,316 | -- | -- |
| 2023 | $689,898 | $44,809,045 | $0 | $0 |
| 2022 | $686,643 | $43,469,596 | $0 | $0 |
| 2021 | $429,479 | $26,010,618 | $10,500,600 | $15,510,018 |
| 2020 | $262,654 | $15,737,983 | $8,550,000 | $7,187,983 |
| 2019 | $151,919 | $9,015,053 | $9,000,000 | $15,053 |
| 2018 | $149,946 | $9,261,612 | $9,246,952 | $14,660 |
| 2017 | $140,648 | $8,656,298 | $8,642,012 | $14,286 |
| 2016 | $137,874 | $8,243,816 | $0 | $0 |
| 2015 | $131,683 | $7,495,761 | $0 | $0 |
| 2014 | $100,906 | $5,643,007 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2024 09/10/24 | For Sale | $85,000,000 | +135.8% | $5,075 / Sq Ft |
| 07/09/2020 07/09/20 | Sold | $36,050,000 | 0.0% | $2,152 / Sq Ft |
| 07/09/2020 07/09/20 | Sold | $36,050,000 | -13.7% | $2,152 / Sq Ft |
| 06/30/2020 06/30/20 | Pending | -- | -- | -- |
| 06/09/2020 06/09/20 | Pending | -- | -- | -- |
| 01/08/2020 01/08/20 | For Sale | $41,750,000 | +15.8% | $2,493 / Sq Ft |
| 11/15/2019 11/15/19 | For Sale | $36,050,000 | +227.7% | $2,152 / Sq Ft |
| 03/10/2017 03/10/17 | Sold | $11,000,000 | 0.0% | $657 / Sq Ft |
| 02/28/2017 02/28/17 | Pending | -- | -- | -- |
| 02/24/2015 02/24/15 | For Sale | $11,000,000 | -- | $657 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $36,050,000 | Attorney | |
| Warranty Deed | $11,000,000 | Attorney | |
| Warranty Deed | $11,375,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $7,149,999 | Attorney | |
| Warranty Deed | $11,000,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $20,000,000 | New Conventional | |
| Previous Owner | $6,825,000 | New Conventional | |
| Previous Owner | $5,850,000 | Unknown |
Source: Palm Beach Board of REALTORS®
MLS Number: 24-1288
APN: 42-43-45-02-01-000-0022
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