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Property Description
Located on prestigious Hypoluxo Island, this brand-new, fully completed one-story modern estate presents a rare opportunity to own the only newly constructed single-story contemporary residence currently offered on the island. Thoughtfully designed to embody the essence of modern Palm Beach living, the home showcases striking architectural lines, warm organic finishes, and an effortless indoor-outdoor lifestyle. Expansive living spaces, soaring ceilings, and walls of glass create a light-filled environment that seamlessly connects the interior living areas to the resort-style outdoor setting, delivering both sophistication and functionality in one of South Florida's most exclusive waterfront communities. A dramatic 12-foot solid mahogany pivot-hinge door opens to a grand gallery entry framed by soaring 16-foot ceilings and expansive walls of glass. Oversized 12-foot sliding doors flood the home with natural light and open completely to the outdoor living areas, creating a true resort-style environment. The residence offers 3 bedrooms, 3 full bathrooms, a powder bath, and an additional full Pool bath serving the pool area. The primary suite is a private retreat featuring a spa-inspired bath complete with an in-home sauna, custom European built-in closets with integrated lighting, and refined modern finishes. At the center of the home, a stunning backlit Cristallo quartzite island anchors the chef's kitchen, complemented by mitered Taj Mahal quartzite countertops, custom cabinetry, and a full suite of Thermador and Miele appliances. The adjacent outdoor entertaining area features a fully equipped summer kitchen finished in quartzite and a dedicated pool bath for effortless indoor-outdoor living. The home showcases museum-level detailing throughout, including shadow-gap flush baseboards and casing, trimless recessed lighting, linear air diffusers, nine-foot solid interior doors, and large-format tile flooring. Impact glass windows and doors provide both security and energy efficiency, while full smart-home automation controls lighting, climate, audio, and security systems. The private backyard is designed as a resort retreat, highlighted by a custom pool with water features and sun shelf surrounded by luxurious professionally designed landscaping creating a private resort-like setting. Additional features include smart toilets, tankless water heating, and a two-zone Platinum Series HVAC system. Located minutes from beaches, dining, and the Palm Beach coastal lifestyle, this property offers new construction quality and modern design rarely found on Hypoluxo Island -- a truly exceptional offering.
Full Property Details
Full Property Details for 505 SE Atlantic Dr
General
- Sold For: $5,000,000
- Taxes: $17,329 (2025)
- Status: Closed
- Type: Single Family
- Source: Regional
- MLS ID: R11165873
- Added to Site: 182 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Bidet, Built-in Features, Bathtub, Closet Cabinetry, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Living/Dining Room, Custom Mirrors, Main Level Primary, Pantry, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Main Floor Baths: 4
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Outside Bath Access
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Built-in Barbecue, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached, Garage, Garage Door Opener
Location
- County: Palm Beach
- Subdivision: HYPOLUXO ISLAND ADD
- Direction Faces: East
Community
- Community Name: 5004
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Colonial
- Structure Type: House
- Builder: Other
- Construction: Block
- Roof: Other
- Stories/Levels: 1
- Building Size: 4410
- Square Feet: 3,140
- Living Area: 3,140 Sq. Ft.
- Year Built: 2026
- Property Condition: New Construction
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.27
- Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
- Zoning: R1A(ci
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $17,329.4
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: HYPOLUXO ISLAND ADD N 1/2 OF LT 174 & LT 175
- Disclosures/Rstr.: Home Warranty
- Property ID: 40434503010001741
Listed and Sold by Realty One Group Engage
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Schools
Schools serving 505 SE Atlantic Dr
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Lantana Elementary School 710 West Ocean Avenue, Lantana, FL 33462 | PK-5 | 1.1 mi |
Lake Worth High School 1701 Lake Worth Rd, Lake Worth Beach, FL 33460 | 9-12 | 2.9 mi |
Lantana Middle School 1225 West Drew Street, Lantana, FL 33462 | 6-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 SE Atlantic Dr
Date
Details
Price
Change
Source
8/03/2026
Sold
$5,000,000
-7.4%
MLS
5/21/2026
Price Increased
$5,399,500
0.01%
MLS
2/22/2026
Listed
$5,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Home Warranty : Included
505 SE Atlantic Drive, Lantana, FL 33462 (MLS# R11165873) is a Single Family property that was sold at $5,000,000 on August 03, 2026. Want to learn more about 505 SE Atlantic Drive? Do you have questions about finding other Single Family real estate for sale in Lantana? You can browse all Lantana real estate or contact a Coldwell Banker agent to request more information.

