1540 S Ocean Boulevard, Palm Beach, FL 33480

SingleFamilyResidence · Active

$74,900,000

1540 S Ocean Boulevard, Palm Beach, FL 33480 — MLS photo

Miami Luxury Homes & Waterfront Estates

1540 S Ocean Boulevard, Palm Beach, FL 33480

Bedrooms
8
Bathrooms
15
Interior
14,969 sq ft
Price / sq ft
$5,004/sq ft
Built
2025
Lot
42,710 sq ft

The residence

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, this residence--featuring Bermuda-inspired architecture by Dailey Janssen. --intentionally embraces possibilities for bot. 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. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing companies expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.

Property location

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1540 S Ocean Boulevard, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
8
Bathrooms
15
Living area
14,969 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2025
Lot size
42,710 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
B26073823
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$307,720

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
3.7%
Mortgage payment
$355,064/mo
Down payment
$18,725,000
Loan amount
$56,175,000
Annual NOI
$568,125

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

1540 S Ocean Boulevard, Palm Beach, FL 33480