1386 S Atlantic Drive, Lantana, FL, 33462 | $2,750,000

Completely rebuilt and enlarged in 2021, this exceptional modern coastal residence offers the perfect blend of luxury, privacy, and effortless island living within one of Hypoluxo Island's most exclusive enclaves, just minutes from Palm Beach. Perched on an oversized lot with a circular driveway and lush tropical landscaping, this 3BR + home office, 4BA retreat boasts bountiful natural light, elevated design, and a three-way split floor plan. Designed for both everyday comfort and elegant entertaining, the open floorpan is highlighted by a dramatic 10-foot tray ceiling and abundant natural light from skylights and the wall of sliding glass doors opening to the backyard oasis. The beautifully redesigned chef's kitchen features a large quartz island, custom wood cabinetry with pull-out shelving, stainless steel appliances, and generous storage. The kitchen flows seamlessly into the dining, living, and Florida rooms. The luxurious primary suite serves as a private sanctuary, complete with an oversized walk-in closet and spa-inspired bath featuring separate his-and-hers water closets, an open shower with dual fixtures and a bench, a standalone soaking tub, and dual vanities. The spacious suite is lined with sliding doors leading out to the pool -- perfect for indoor/outdoor living. Each additional bedroom is thoughtfully positioned to maximize privacy and includes its own en-suite bathroom and walk-in closet, creating an ideal layout for family and guests alike. The comprehensive 2021 rebuild transformed nearly every aspect of the home, including new roof, kitchen, bathrooms, impact glass windows and sliders, raised ceilings, skylights, new flooring throughout, built-out closets, a new HVAC system and water heater, a dedicated laundry room with substantial storage and sink, a mudroom, and additional square footage. The renovation also included the home's stunning backyard oasis, complete with inviting pool and sun shelf, designer paving, lush privacy landscaping, and dual outdoor showers -- perfect for rinsing off after returning from the nearby beach. Combining refined coastal design with modern construction and an unbeatable island location, this extraordinary residence offers exceptional privacy while remaining just minutes from pristine beaches, world-class dining, golf, marinas, shopping, and all that Palm Beach has to offer.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Laundry Closet, Inside, Laundry Room, Sink
  • Development: Hypoluxo Island
  • Year Built: 1974
  • Garage: 2-car Attached
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Approx Sq. Feet: 2,886
  • Acreage: 0.33
  • Est. Taxes: $24,429
  • Lot Desc: Landscaped
  • View: Garden, Pool
  • Elem. School: Lantana
  • Middle School: Lantana Community
  • High School: Lake Worth
  • Pool: In Ground
  • Pet Policy: Yes, No Restrictions
  • Appliances: Electric Water Heater, Water Heater Owned, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer, Freezer, Wine Refrigerator
  • MLS#: B26049061
  • Website: https://www.raveis.com
    /eprop/B26049061/1386satlanticdrive_lantana_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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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1386 S Atlantic Drive, Lantana, FL, 33462

$2,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,200,000 $2,200,000 $2,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.251% 6.121% 6.183%
Monthly Tax Payment $2,036 $2,036 $2,036
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,839 $13,190 $18,565
Total Monthly Payment $15,000 $15,351 $20,726

* 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.