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Sold for $5,000,000
  • $5,000,000

    505 SE Atlantic Drive, Lantana, FL 33462

    3beds
    3,140sqft
    Single Family Residence
    Built in 2026
    0.27 Acres Lot
    $5,120,000 Zestimate®
    $1,592/sqft
    $6,316 Estimated rent

    Home value

    $5,120,000

    $4.86M - $5.38M

    $6,316/mo

    Zestimate® history
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    What's special

    Warm organic finishesPowder bathLinear air diffusersResort-style outdoor settingMuseum-level detailing throughoutDedicated pool bathGrand gallery entry
    Located on prestigious Hypoluxo Island, this brand-new, fully completed one-story modern estate presents a rare opportunity to own the only newly constructed single-story contemporary residence currently offered on the island. Thoughtfully designed to embody the essence of modern Palm Beach living, the home showcases striking architectural lines, warm organic finishes, and an effortless indoor-outdoor lifestyle. Expansive living spaces, soaring ceilings, and walls of glass create a light-filled environment that seamlessly connects the interior living areas to the resort-style outdoor setting, delivering both sophistication and functionality in one of South Florida's most exclusive waterfront communities. A dramatic 12-foot solid mahogany pivot-hinge door opens to a grand gallery entry framed by soaring 16-foot ceilings and expansive walls of glass. Oversized 12-foot sliding doors flood the home with natural light and open completely to the outdoor living areas, creating a true resort-style environment. The residence offers 3 bedrooms, 3 full bathrooms, a powder bath, and an additional full Pool bath serving the pool area. The primary suite is a private retreat featuring a spa-inspired bath complete with an in-home sauna, custom European built-in closets with integrated lighting, and refined modern finishes. At the center of the home, a stunning backlit Cristallo quartzite island anchors the chef's kitchen, complemented by mitered Taj Mahal quartzite countertops, custom cabinetry, and a full suite of Thermador and Miele appliances. The adjacent outdoor entertaining area features a fully equipped summer kitchen finished in quartzite and a dedicated pool bath for effortless indoor-outdoor living. The home showcases museum-level detailing throughout, including shadow-gap flush baseboards and casing, trimless recessed lighting, linear air diffusers, nine-foot solid interior doors, and large-format tile flooring. Impact glass windows and doors provide both security and energy efficiency, while full smart-home automation controls lighting, climate, audio, and security systems. The private backyard is designed as a resort retreat, highlighted by a custom pool with water features and sun shelf surrounded by luxurious professionally designed landscaping creating a private resort-like setting. Additional features include smart toilets, tankless water heating, and a two-zone Platinum Series HVAC system. Located minutes from beaches, dining, and the Palm Beach coastal lifestyle, this property offers new construction quality and modern design rarely found on Hypoluxo Island -- a truly exceptional offering.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia Griffith 856-981-1909,

    Realty One Group Engage

    Bought with:

    Patricia Griffith, 3453592

    Realty One Group Engage

    Source: BeachesMLS,MLS#: R11165873MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 4
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 360
    • Dimensions: 20 X 18
    Kitchen
    • Level: Main
    • Area: 297.25
    • Dimensions: 20.5 X 14.5
    Living room
    • Description: Great Room
    • Level: Main
    • Area: 317.75
    • Dimensions: 15.5 X 20.5
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
    Features
    • Bidet, Built-in Features, Bathtub, Closet Cabinetry, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Living/Dining Room, Custom Mirrors, Main Level Primary, Pantry, Soaking Tub, Separate Shower, Walk-In Closet(s)
    Interior area
    • Total structure area: 4,410
    • Total interior livable area: 3,140 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Built-in Barbecue, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area
    • Has private pool: Yes
    • Pool features: Outside Bath Access
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Size: 0.27 Acres
    • Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
    Details
    • Parcel number: 40434503010001741
    • Zoning: R1A(ci

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Other
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2026
    Details
    • Builder name: Other
    • Warranty included: Yes

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: HYPOLUXO ISLAND ADD
    HOA
    • Has HOA: No
    Location
    • Region: Lantana

    Financial & listing details

    • Price per square foot: $1,592/sqft
    • Tax assessed value: $883,500
    • Annual tax amount: $17,329
    • Date on market: 2/23/2026
    • Cumulative days on market: 131 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/3/2026Sold$5,000,000-7.4%$1,592/sqft
    Source: BeachesMLS #R11165873 Report a problem
    7/4/2026Pending sale$5,399,500$1,720/sqft
    Source: BeachesMLS #R11165873 Report a problem
    5/21/2026Price change$5,399,500+0%$1,720/sqft
    Source: BeachesMLS #R11165873 Report a problem
    2/23/2026Listed for sale$5,399,000+499.9%$1,719/sqft
    Source: BeachesMLS #RX-11165873 Report a problem
    12/16/2022Sold$900,000-25%$287/sqft
    Source: Public Record Report a problem
    7/25/1994Sold$1,200,000$382/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,329 -4.4%$883,500 -1.5%
    2024$18,119 -1.2%$896,515 -1.4%
    2023$18,346 +204%$909,210 +188.1%
    2022$6,035 -0.4%$315,616 +3%
    2021$6,062 -0.7%$306,423 +1.4%
    2020$6,107 +1.5%$302,192 +2.3%
    2019$6,018 $295,398 +1.9%
    2018$6,018 +10%$289,890 +4.8%
    2017$5,469 +1.3%$276,531 +2.1%
    2016$5,401 -1.9%$270,843 +0.7%
    2015$5,503 -0.1%$268,960 +0.8%
    2014$5,509 +6.6%$266,825 +1.5%
    2013$5,168 +5.3%$262,882 +1.7%
    2012$4,910 -20.8%$258,488 -17.2%
    2011$6,200 +0.1%$312,094 +0.7%
    2010$6,192 -13%$309,891 -14.1%
    2009$7,114 +10.4%$360,928 +0.1%
    2008$6,444 -1.1%$360,567 +3%
    2007$6,516 -6.9%$350,065 +2.5%
    2006$7,001 $341,527 +3%
    2005-- $331,580 +3%
    2004$4,987 +4694.8%$321,922 +9.4%
    2003$104 -96.4%$294,380 +102.8%
    2002$2,904 +0.8%$145,135 +1.6%
    2001$2,883 +8.9%$142,849 +3%
    2000$2,646 +9.8%$138,688 -8.5%
    1999$2,411 $151,627
    Find assessor info on the county website

    Neighborhood: Lantana

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,120,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,120,000