516 S Ocean Boulevard, Palm Beach, FL 33480
$51,420,000
Property Type:
Residential
Bedrooms:
7
Baths:
11
Square Footage:
11,489
Status:
Closed
Current Price:
$51,420,000
List Date:
12/12/2024
Last Modified:
1/13/2026
Description
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.
Supplements: Deeded ocean parcel with a 100 feet of ocean frontage. Additional conveniences include an elevator, a 3-car garage, a full-house generator, and two laundry rooms.
More Information MLS# R11044290
Contract Information
Comp Sale YN: No
Listing Contract Date: 2024-12-12
Status: Closed
Original List Price: 60000000
Sold Price: $51,420,000
Current Price: $51,420,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Country: United States
Street Number: 516
Street Direction Prefix: S
Street Name: Ocean
Street Suffix: Boulevard
State Or Province: FL
Postal Code: 33480
Subdivision Name: SINGER ADD TO P B IN
Area: 5003
Parcel Number: 50434326030000040
Zoning: R-A—ESTATE RESI
General Property Information
Living Area Main: 9949
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Furnished
Stories Total: 2
Stories: 2
Fireplace YN: Yes
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 7
Bathrooms Total: 11
Bathrooms Full: 9
Bathrooms Half: 2
Building Area Main: 11489
Building Area Source: Other
Year Built: 2015
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 3
Covered Spaces: 3
Waterfront YN: 1
Direction Faces: East
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 436545
Tax Year: 2024
Tax Legal Description: SINGERS ADDITION LOT 4 & LAND LYG E OF LOT 4 BET OCEAN BLVD & ATLANTIC OCEAN
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2025-04-25T17:54:14Z
Major Change Type: Status Change
Price Change Timestamp: 2025-03-06T15:57:35Z
Status Change Date: 2025-04-25
Under Contract Date: 2025-04-10
Close Date: 2025-04-24
Close Price: 51420000
Amenities
None: 1
Dining Area
Breakfast Area: 1
Eat-In Kitchen: 1
Formal Dining: 1
Electric
Three Phase: 1
Entry Information
Entry Location: Entry Level Living Area Y
Exterior Features
Pool Bathroom: 1
Flooring
Carpet: 1
Marble: 1
Wood: 1
Parking Features
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Other Structures
Cabana: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
View
Garden: 1
Pool: 1
Heating
Central: 1
Electric: 1
Zoned: 1
Water Access
Ocean Access: 1
Water View
Ocean: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Free-Standing Freezer: 1
Gas Range: 1
Ice Maker: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Construction Materials
CBS: 1
Interior Features
Bar: 1
Built-in Features: 1
Cabana Bath: 1
Elevator: 1
Entrance Foyer: 1
French Doors: 1
High Ceilings: 1
Kitchen Island: 1
Pantry: 1
Roman Tub: 1
Storage: 1
Walk-In Closet(s): 1
Laundry Features
Inside: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
Heated: 1
Pool Bath: 1
Roof
Spanish Tile: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Water Heater Details
Electric Water Heater: 1
Architectural Style
Mediterranean: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 2
Master Bedroom/Bath
Dual Sinks: 1
Master Bdrm - Upstairs: 1
Separate Shower: 1
Separate Tub: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Complete
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Balcony: 1
Patio: 1
Patio Details
Patio - Open: 1
Contingencies
None: 1
Room Types
Den: 1
Family Room: 1
Kitchen: 1
Kitchen Level: Main
Laundry: 1
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Upper
Media Room: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 5168.35
Original List Price To Close Price: 1.16
Originating Details
Originating System Key: 20241204055624365985000000
Originating System ID: M00000170
Property Features
Dining Area: Breakfast Area; Eat-In Kitchen; Formal Dining
Electric: Three Phase
Exterior Features: Pool Bathroom
Flooring: Carpet; Marble; Wood
Parking Features: Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Oven; Refrigerator; Washer; Water Heater
Water Heater Details: Electric Water Heater
Architectural Style: Mediterranean
Construction Materials: CBS
Cooling: Ceiling Fan(s); Central Air
Heating: Central; Electric; Zoned
Interior Features: Bar; Built-in Features; Cabana Bath; Elevator; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Pantry; Roman Tub; Storage; Walk-In Closet(s)
Laundry Features: Inside
Listing Terms: Cash; Conventional
Other Structures: Cabana
Pets Allowed YN: Yes
Pool Features: Heated; Pool Bath
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Roof: Spanish Tile
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
View: Garden; Pool
Water Access: Ocean Access
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Outdoor Living Spaces: Balcony; Patio
Patio Details: Patio - Open
Contingencies: None
Room Types: Den; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Media Room
Room Information
Living Room
Length: 24.00
Length: 24.00
Width: 19.00
Width: 19.00
Level: Main
Kitchen
Length: 19.60
Length: 19.60
Width: 15.00
Width: 15.00
Level: Main
Master Bedroom
Length: 24.00
Length: 24.00
Width: 18.00
Width: 18.00
Level: Upper
Family Room
Laundry
Media Room
Listing Office:
The Corcoran Group
Last Updated: January - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.