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$74,900,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 8 Beds
  • 12 Full Baths
  • 3 Partial Baths
  • 14,969 Sq. Ft.
  • Updated 7 hours ago
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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 oceanfront coastline, the extraordinary private estate at 1540 S Ocean Blvd 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. Masterfully configured with 8 bedrooms, 12 full bathrooms, and a 6-car garage, the design intentionally embraces possibilities for both grand entertaining and intimate family life alike. Beyond the interiors, the property unveils an extraordinary sequence of outdoor spaces. Shaded oversized loggias extend the living experience into the landscape, while a peaceful central courtyard provides a private moment of calm. A beautifully appointed pool anchors the grounds and creates a natural setting for days spent outdoors, separating the main residence from the detached guest wing. From the residence, a private tunnel leads beneath the property directly to the beach, where an 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 destination 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 new construction estate - which has never been lived in - is also conveniently positioned just minutes by car to the bustling commercial hub of downtown West Palm Beach. Ideally situated and incredibly well appointed, this turn-key oceanfront estate is ready for immediate enjoyment.

Full Property Details for 1540 S Ocean Blvd

General

  • Price: $74,900,000
  • Taxes: $630,338 (2026)
  • Status: Active
  • Type: Single Family
  • Source: Regional
  • MLS ID: B26073823
  • Updated: 9/8/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Wet Bar, Breakfast Bar, Built-in Features, Bathtub, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Garden Tub/Roman Tub, Kitchen Island, Multiple En Suite Bathrooms, Storage, Soaking Tub, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
  • Appliances: Cooktop, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Oven, Refrigerator, Wine Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Marble, Other, Wood

Rooms

Bathrooms

  • Total Bathrooms: 15
  • Full Bathrooms: 12
  • Half Bathrooms: 3
  • Main Floor Baths: 5

Bedrooms

  • Total Bedrooms: 8
  • Bedrooms Main: 2

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Outside Bath Access
  • Spa: Yes
  • Spa Description: Heated, In Ground

Exterior

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Courtyard, Outdoor Living Area, Uncovered Courtyard
  • Porch/Patio/Deck: Open, Patio, Porch, Terrace, Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 6
  • Covered Spaces: 6
  • Total Spaces: 6
  • Parking Features: Attached, Garage, Garage Door Opener, Guest, See Remarks

Location

  • County: Palm Beach
  • Subdivision: OCEAN VIEW
  • Direction Faces: North

School Information

  • Elementary School: Palm Beach Public
  • Middle School: Conniston Community
  • High School: Forest Hill

Community

  • Community Name: 5003
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Zoned
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

  • Architectural Style: Other
  • Structure Type: House
  • Construction: Block
  • Roof: Concrete, Tile
  • Doors: French Doors
  • Stories/Levels: 3
  • Building Size: 17368
  • Square Feet: 14,969
  • Sq. Ft. Source: Other
  • Living Area: 14,969 Sq. Ft.
  • Year Built: 2025
  • Property Condition: New Construction

Lot Features

  • Property View: Ocean
  • Lot Size (Acres): 0.98
  • Zoning: R-A—ESTATE RES

Water Features

  • Water Front: Yes
  • Water Front Desc.: Beach Access, Deeded Access, Ocean Access, Point Lot, Shoreline - Sand
  • Water Front View: Beach Access, Deeded Access, Ocean Access, Point Lot, Shoreline - Sand

Financial Considerations

  • Tax Amount: $630,338
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard, Listed As-Is
  • Legal Description: OCEAN VIEW LTS 8 & 8-A
  • Property ID: 50434402020000070

Listed by Premier Estate Properties Inc.

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— 1540 S Ocean Blvd —

  • Premier Estate Properties Inc.

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1540 S Ocean Blvd

School District:Palm Beach County School District
NameGradesDistance
Palm Beach Public School
239 Cocoanut Row, Palm Beach, FL 33480
K-53 mi
Conniston Middle School
3630 Parker Avenue, West Palm Beach, FL 33405
6-81.8 mi
Forest Hill Community High School
6901 Parker Avenue, West Palm Beach, FL 33405
9-121.9 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 1540 S Ocean Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/08/2026
Listed
$74,900,000
688.42%
MLS
5/19/2022
Sold
$9,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1540 S Ocean Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$323,086
10%
$21,278,153
5%
2024
$294,908
11%
$20,295,730
15%
2023
$266,870
1562%
$17,585,250
1599%
2022
$16,058
-2%
$1,035,158
3%
2021
$16,339
—
$1,005,008
1%
2021
$16,339
—
$991,132
2%
2019
$16,318
5%
$968,848
2%
2018
$15,511
—
$950,783
2%
2017
$15,500
2%
$931,227
2%
2016
$15,166
-3%
$912,073
1%
2015
$15,679
—
$905,733
1%
2014
$15,753
2%
$898,545
2%
2013
$15,428
—
$885,266
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Premier Estate Properties Inc.

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1540 S Ocean Boulevard, Palm Beach, FL 33480 (MLS# B26073823) is a Single Family property with 8 bedrooms, 12 full bathrooms and 3 partial bathrooms. 1540 S Ocean Boulevard is currently listed for $74,900,000 and was received on September 08, 2026. Want to learn more about 1540 S Ocean Boulevard? Do you have questions about finding other Single Family real estate for sale in Palm Beach? You can browse all Palm Beach real estate or contact a Coldwell Banker agent to request more information.

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