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. Deeded ocean parcel with a 100 feet of ocean frontage. Additional conveniences include an elevator, a 3-car garage, a full-house generator, and two laundry rooms.
Sold for $51,420,000
$51,420,000
516 S Ocean Blvd, Palm Beach, FL 33480
7beds
9,949sqft
Single Family Residence, Residential
Built in 2015
-- sqft lot
$52,211,300 Zestimate®
$5,168/sqft
$262,160 Estimated rent
Home value
$52,211,300
$46.47M - $58.48M
$262,160/mo
Zestimate® history
Owner options
List your home for rent
$262,160/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$262,160/mo
Rent Zestimate®
Refinance and save
$350,646/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$350,646/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
DANA L KOCH 561-379-7718,
The Corcoran Group,
PAULETTE KOCH 561-346-8639
Bought with:
LAWRENCE A MOENS, 202740
Lawrence A. Moens Associates, Inc.
Source: Palm Beach BOR,MLS#: 24-1952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 11
- Full bathrooms: 9
- 1/2 bathrooms: 2
Heating
- Central
Cooling
- Central Air, Zoned
Appliances
- Included: Refrigerator, Freezer, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Double Oven
Features
- Sound System, Wet Bar, Ceiling Fan(s), Elevator, Storage, Pantry
- Flooring: Marble, Tile, Hardwood, Stone, Brick
- Doors: Impact Doors
- Windows: Impact Glass, Impact Glass-Full, Impact Windows
- Has fireplace: Yes
- Fireplace features: Fireplace
Interior area
- Total structure area: 11,489
- Total interior livable area: 9,949 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Features
- Levels: Two
- Patio & porch: Patio
- Exterior features: Balcony, Built-in Barbecue
- Has private pool: Yes
- Has spa: Yes
- Spa features: Spa
- On waterfront: Yes
- Waterfront features: Ocean-Direct, Ocean-Across Street, Ocean Access
Lot
- Dimensions: 100
Details
- Additional structures: Cabana
- Parcel number: 50434326030000040
- Zoning: R-A - Estate Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence, Residential
Materials
- Block, Stucco
- Roof: Barrel
Condition
- Year built: 2015
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Other
- Subdivision: Singer Addition
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $5,168/sqft
- Tax assessed value: $34,994,292
- Annual tax amount: $436,545
- Date on market: 12/20/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2025 | Sold | $51,420,000-10.6%$5,168/sqft |
Source: Palm Beach BOR #24-1952 Report a problem | ||
| 4/10/2025 | Pending sale | $57,500,000$5,779/sqft |
Source:  BeachesMLS #RX-11044290 Report a problem | ||
| 3/6/2025 | Price change | $57,500,000-4.2%$5,779/sqft |
Source: BeachesMLS #RX-11044290 Report a problem | ||
| 12/12/2024 | Listed for sale | $60,000,000+147.5%$6,031/sqft |
Source: BeachesMLS #RX-11044290 Report a problem | ||
| 6/12/2020 | Sold | $24,244,175-11.8%$2,437/sqft |
Source: Palm Beach BOR #19-1959 Report a problem | ||
| 2/10/2020 | Price change | $27,500,000-6.8%$2,764/sqft |
Source: Premier Estate Properties #RX-10569379 Report a problem | ||
| 10/14/2019 | Listed for sale | $29,500,000+239.3%$2,965/sqft |
Source: Premier Estate Properties #RX-10569379 Report a problem | ||
| 8/1/2013 | Sold | $8,694,911-12.2%$874/sqft |
Source: Public Record Report a problem | ||
| 1/25/2013 | Listed for sale | $9,900,000$995/sqft |
Source: Christian Angle Real Estate, Inc #R3340091 Report a problem | ||
| 10/17/2012 | Listing removed | $9,900,000$995/sqft |
Source: Corcoran Group Palm Beach #R3218795 Report a problem | ||
| 8/19/2011 | Listed for sale | $9,900,000+59.7%$995/sqft |
Source: The Corcoran Group #6513 Report a problem | ||
| 8/15/2011 | Sold | $6,200,000-31.9%$623/sqft |
Source: Public Record Report a problem | ||
| 12/31/2010 | Price change | $9,100,000-9.9%$915/sqft |
Source: The Corcoran Group #5002 Report a problem | ||
| 9/11/2009 | Listed for sale | $10,100,000$1,015/sqft |
Source: The Corcoran Group #5002 Report a problem | ||
| 6/26/2009 | Listing removed | $10,100,000$1,015/sqft |
Source: Corcoran #5002 Report a problem | ||
| 6/2/2009 | Listed for sale | $10,100,000-2.9%$1,015/sqft |
Source: Corcoran #R00 Report a problem | ||
| 10/1/2008 | Sold | $10,400,000+29.2%$1,045/sqft |
Source: Public Record Report a problem | ||
| 10/3/2005 | Sold | $8,050,000+28.8%$809/sqft |
Source: Public Record Report a problem | ||
| 12/23/2004 | Sold | $6,250,000$628/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $466,275 +6.8% | $28,515,208 +10% |
| 2024 | $436,545 +3.3% | $25,922,916 +10% |
| 2023 | $422,527 +7.4% | $23,566,288 +10% |
| 2022 | $393,537 +24% | $21,423,898 +10% |
| 2021 | $317,312 +49.8% | $19,476,272 +52.1% |
| 2020 | $211,813 -4.7% | $12,803,156 -3.1% |
| 2019 | $222,292 | $13,212,025 +1.9% |
| 2018 | $222,292 +4.9% | $12,965,677 +2.1% |
| 2017 | $211,950 -0.1% | $12,698,998 +0.9% |
| 2016 | $212,133 -1.7% | $12,582,409 +61.4% |
| 2015 | $215,735 +67.7% | $7,796,745 +10% |
| 2014 | $128,617 +13.5% | $7,087,950 +15% |
| 2013 | $113,351 +10.3% | $6,163,435 +10% |
| 2012 | $102,732 -2.3% | $5,603,123 |
| 2011 | $105,154 -10.9% | $5,603,123 -10% |
| 2010 | $118,015 -13.1% | $6,225,692 -16.2% |
| 2009 | $135,816 +7.9% | $7,426,125 |
| 2008 | $125,899 +15.8% | $7,426,125 +15% |
| 2007 | $108,691 +15.1% | $6,457,500 +26% |
| 2006 | $94,439 | $5,125,000 -9% |
| 2005 | -- | $5,633,340 +22.6% |
| 2004 | $50,091 +48064.7% | $4,595,907 -7.6% |
| 2003 | $104 -99.9% | $4,976,406 +16.4% |
| 2002 | $86,187 +9% | $4,276,406 +10.4% |
| 2001 | $79,102 +8% | $3,871,826 +9.2% |
| 2000 | $73,252 +23.9% | $3,546,826 +24.3% |
| 1999 | $59,101 | $2,852,440 |
Find assessor info on the county website
Neighborhood: 33480
Nearby homes
- $33,086,400-- bd7 ba7.4k sqft520 S Ocean Blvd, Palm Beach, FL 33480Off Market
- $37,288,2004 bd6 ba8.7k sqft500 S Ocean Blvd, Palm Beach, FL 33480Off Market
- $38,101,5005 bd7 ba9k sqft25 Middle Rd, Palm Beach, FL 33480Off Market
- $67,873,8008 bd15 ba12k sqft530 S Ocean Blvd, Palm Beach, FL 33480Off Market
- $14,320,9003 bd5 ba652 sqft28 Middle Rd, Palm Beach, FL 33480Off Market
- $28,000,0004 bd5 ba4.7k sqft480 S Ocean Blvd, Palm Beach, FL 33480Sold
- $581,9001 bd1 ba640 sqft565 Ocean #120C, Palm Beach, FL 33480Off Market
- $21,085,4003 bd4 ba4.5k sqft17 Middle Rd, Palm Beach, FL 33480Off Market
Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 2.2 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 3.6 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$52,211,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$52,211,300
- Florida
- Palm Beach County
- Palm Beach
- 33480
- 516 S Ocean Blvd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Palm Beach Topics
