1540 S Ocean Boulevard, Palm Beach, FL, 33480 | $79,500,000

Spectacular New Oceanfront Estate on Billionaires Row - Introducing a newly constructed oceanfront compound on prestigious Billionaires Row, offering panoramic views of the Atlantic Ocean and a refined coastal living experience. This remarkable estate includes a main residence, guest house, and a private tunnel providing direct access to an oceanfront beach cabana. Bermuda-style architecture blends effortlessly with sleek transitional interiors, custom finishes, and curated furnishings throughout the property.

Encompassing approximately 16, 500± total square feet on . 98± acres, the estate has 8 bedrooms, 12 full bathrooms, and 3 half baths. The main house features 5 bedrooms, 7 full bathrooms, 2 half bathrooms, 1 cabana bathroom, and a two-car garage. The guest house includes 3 bedrooms, 4 full bathrooms, 1 half bathroom, and a four-car garage. The property also sits at an impressive 20. 3± foot elevation, offering added security and enhanced views. Designed by Dailey Janssen Architects, this stunning residence pairs timeless architectural elements with sweeping ocean vistas. The main residence is thoughtfully laid out with elegant spaces that flow seamlessly. A grand entry foyer opens to a formal sitting room and dramatic stair hall, setting the tone for the home's sophisticated aesthetic. The formal dining room connects to an oceanfront family room, while the gourmet eat-in kitchen is equipped with dual oversized islands and premium appliances, ideal for both everyday living and entertaining. The lower level features a wine cellar, an expansive great room with a fireplace and wet bar, a game room, and a yoga/exercise studio. Upstairs, the primary suite features French doors to a private oceanfront balcony, custom built-ins, dual spa-style baths, two walk-in closets, and a morning bar. Each of the four additional guest bedrooms offers en-suite baths and high-end finishes. The guest house serves as a luxurious retreat for family and guests, with a large great room that opens to a covered loggia. The main level includes two guest bedrooms with en-suite baths and an exercise room. On the upper level, a VIP suite offers a sitting area, walk-in closet, dual-vanity bath, and spacious private terrace. A four-car garage provides abundant parking and storage. For added peace of mind, the property includes a whole-house generator capable of powering the entire estate during any outage. The outdoor space is equally impressive. At the heart of the estate, a central courtyard showcases a resort-style pool and spa, framed by both covered and open-air balconies. A fully equipped summer kitchen elevates the al fresco entertaining experience, while meticulously landscaped grounds create a sense of privacy and calm. Private tunnel to the beachside cabana with potential for a beachfront plunge pool adjacent to the cabana. Located in one of Palm Beach's most coveted areas, this exceptional estate is just minutes from the world-class shopping and dining of Worth Avenue, vibrant Downtown West Palm Beach, top-rated schools, and Palm Beach International Airport. This home perfectly captures the essence of Palm Beach Island living.

Features

  • Amenities: None
  • Rooms: 7
  • Bedrooms: 8
  • Baths: 12 full / 3 half
  • Laundry: Inside
  • Year Built: 2025
  • Garage: 6-car Attached
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 14,969
  • Acreage: 0.98
  • Est. Taxes: $265,134
  • View: Ocean
  • Water Front: Yes
  • Pool: In Ground, Pool Bath
  • Pet Policy: Yes, No Restrictions
  • Appliances: Dryer, Disposal, Dishwasher, Free-Standing Freezer, Gas Range, Microwave, Oven, Refrigerator, Washer
  • MLS#: R11029429
  • Website: https://www.raveis.com
    /eprop/R11029429/1540soceanboulevard_palmbeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

William Raveis Family of Services

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Jeanne ComeauSales Associate

413.219.3744

Jeanne.Comeau@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Michele WelchVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 293220

413.626.5626

Michele.Welch@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Nicole DelaneyInsurance Sales Director, William Raveis Insurance

781.724.3515

Nicole.Delaney@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1540 S Ocean Boulevard, Palm Beach, FL, 33480

$79,500,000

Jeanne Comeau

Sales Associate

William Raveis Real Estate

Phone: 413.219.3744

Jeanne.Comeau@raveis.com

Michele Welch

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 413.626.5626

Michele.Welch@raveis.com

NMLS Mortgage Loan Originator ID 293220

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $63,600,000 $63,600,000 $63,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.361% 6.183%
Monthly Tax Payment $22,095 $22,095 $22,095
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $381,314 $391,596 $536,693
Total Monthly Payment $403,533 $413,815 $558,912

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.