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.
Property Details
Property Features
Property Information:
Architectural Style: Mediterranean
Year Built: 2015
Stories: 2
Living Area: 9,949 SqFt
Listing Office:
Office Name: The Corcoran Group
Office Phone: (561) 655-9081
Listing Agent: Dana L. Koch
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Gas Range, Refrigerator, Oven, Washer, Electric Water Heater
Flooring Type: Carpet, Marble, Tile, Wood Floor
Interior: Bar, Built-in Shelves, Elevator, Entry Lvl Lvng Area, Fireplace(s), Foyer, French Door, Kitchen Island, Pantry, Roman Tub, Volume Ceiling, Walk-in Closet
This property is $58.7M more than the Median Sold Price and $5.2K/SqFt more than other homes in Palm Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-11044290
Listing Office:
Office Name: The Corcoran Group
Office Phone: (561) 655-9081
Listing Agent: Dana L. Koch
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 26, 2020
Jun 26, 2020Home Sold
$24,244,176
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$211,813
$12,803,156
2019
$223,172
$13,212,025
2018
$211,949
$12,965,677
2017
$212,133
$12,698,998
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Palm Beach Public School
239 Cocoanut Row
Distance between this listing and this school0.75 miles
Public Magnet Grades KG-5
3
/10
Belvedere Elementary School
3000 Parker Ave
Distance between this listing and this school1.89 miles
Public District Grades PK-5
5
/10
U. B. Kinsey/Palmview Elementary School
800 11th St
Distance between this listing and this school2.39 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Conniston Community Middle School
3630 Parker Ave
Distance between this listing and this school2.19 miles
Public Magnet Grades 6-8
4
/10
Academy for Positive Learning
2405 Mercer Ave
Distance between this listing and this school2.19 miles
Public Charter Grades KG-8
4
/10
Roosevelt Community Middle School
1900 N Australian Ave
Distance between this listing and this school2.99 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
Alexander W Dreyfoos Junior School of the Arts
501 S Sapodilla Ave
Distance between this listing and this school1.76 miles
Public Magnet Grades 9-12
1
/10
Worthington High School
1711 Worthington Rd
Distance between this listing and this school2.68 miles
Public Charter Grades 9-12
1
/10
Florida Futures Academy North Campus
1760 N Congress Ave
Distance between this listing and this school3.22 miles
The neighbors living near this home have an average income of $332,054. Typical income of Palm Beach, FL residents is $200k+ annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 516 S Ocean Blvd
What is the listing price of this property?
The listing price of 516 S Ocean Blvd property is $60,000,000.
What type of property is this?
The property 516 S Ocean Blvd is a house located in Palm Beach, Florida, 33480.
Is this property for sale now?
Active Listing: 516 S Ocean Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $211,813 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 26, 2020 for $24,244,176. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 516 S Ocean Blvd has 7 bedrooms and 9 full and 2 half bathrooms.
What is the square footage of this property?
The property 516 S Ocean Blvd is 9,949 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 516 S Ocean Blvd is 2015.
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This home is located at 516 S Ocean Blvd in Palm Beach, FL and zip code 33480 in the Mid-Town neighborhood. This 9,949 square foot home was built in 2015. Features: 7 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $60,000,000.
Palm Beach, FL housing market in November 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 15 sold below. Between October 2024 and November 2024, Palm Beach, FL real estate market has seen increase in the number of listings by 21.2%. Listings spent 119 days on the market in November 2024, and had a median list price of $1,275,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
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