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+128 photos1540 S Ocean Blvd — 1540 S Ocean Boulevard · Ocean View · Palm Beach






































































































































South Florida Luxury Living
Property Magazine
Your home in print
A magazine dedicated to 1540 S Ocean Boulevard, Palm Beach, FL 33480
A photo-rich, always-current edition with the home’s details, neighborhood lifestyle, assigned and nearby schools, ownership planning, and applicable waterfront guidance.
Open property magazine$74,900,000
1540 S Ocean Boulevard, Palm Beach, FL 33480
Palm Beach, FL, 33480
Listed by Premier Estate Properties Inc.
1540 S Ocean Boulevard, Palm Beach, FL 33480
Listed by Premier Estate Properties Inc.
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan
Principal, interest, taxes and insurance. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $388,640/mo
- Property tax (after sale) est.
- $51,247/mo
- Homeowners insurance est.
- $2,881/mo
- HOA
- $0/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
1540 S Ocean Boulevard, Palm Beach, FL 33480
Estimated cash to close est.
$15,456,863.34
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $59,920,000.00
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$15,456,863.34
- Down payment est.
- $14,980,000.00
- Mortgage note documentary stamps est.
- $209,720.00
- Mortgage intangible tax est.
- $119,840.00
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $102,493.17
- Insurance escrow (2 months) est.
- $5,762.17
- First-year insurance premium est.
- $34,573.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Not available —
- Homeowners insurance est.
- $2,881 / month
Source: FEMA National Flood Hazard Layer · Date checked: Oct 22, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: Not available —
Source: FEMA National Flood Hazard Layer · Date checked: Oct 22, 2026
- Roof type
- Concrete
- Roof year
- 2025 (assumed from year built)
- Impact windows / doors
- Impact Glass (Complete)
- Shutters
- Not provided —
- Window features
- Impact Glass (Complete)
- Year built
- 2025
Homeowners insurance: $2,881 / month est.
- Annual premium est.
- $34,268
- Fees & taxes est.
- $305
- Annual total est.
- $34,573
- Likely range est.
- $29,387–$41,488
- Dwelling coverage est.
- $5,332,706
- Other structures est.
- $106,654
- Personal property est.
- $1,066,541
- Loss of use est.
- $533,271
- Hurricane deductible (2%) est.
- $106,654
Based on the listing: 14,969 sq ft · built 2025 · 3 stories · roof from 2025 · impact windows / shutters · luxury finish level.
Dwelling coverage uses living area × county rebuilding cost. Selling price and land value are not included. The monthly estimate includes fees and applicable taxes.
Broward inland rates were calibrated against two supplied policies; other county and coastal rates have not yet been calibrated against real quotes.
Assumed where the listing is silent: concrete-block construction · coastal rating band · gable roof · 2% hurricane deductible · admitted carrier; no surplus-lines tax. A newer roof, a hip roof shape, or a higher deductible can lower the premium; frame construction can raise it.
Educational estimate only, not an insurance quote. Actual premiums depend on the carrier, inspections, discounts, and underwriting. Flood insurance not included. Simon Gedz is a Realtor, not a licensed insurance agent.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesWelcome 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 Details

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1540 S Ocean Boulevard, Palm Beach, FL 33480 · Palm Beach
Location
1540 S Ocean Boulevard, Palm Beach, FL 33480
What buyers ask about this home
What are the estimated monthly carrying costs at 1540 S Ocean Boulevard, Palm Beach, FL 33480?+
Property tax (after sale): $51,247/month est.; homeowners insurance: $2,881/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $54,128/month est. Principal and interest: $388,640/month; PMI: $0/month. Total for the payment scenario shown: $442,768/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1540 S Ocean Boulevard, Palm Beach, FL 33480?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1540 S Ocean Boulevard, Palm Beach, FL 33480 need flood insurance, and what drives the premium?+
Most of Palm Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1540 S Ocean Boulevard, Palm Beach, FL 33480?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 1540 S Ocean Boulevard, Palm Beach, FL 33480?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 1540 S Ocean Boulevard, Palm Beach, FL 33480?+
This listing has been on the market 44 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Palm Beach. Historic island address — Worth Avenue, oceanfront estates, and the Breakers, with private clubs throughout.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Conniston Middle School
Middle school · 1.8 mi from this home · 3630 Parker Ave, West Palm Beach
Forest Hill Community High School
High school · 1.9 mi from this home · 6901 Parker Ave, West Palm Beach
Zone boundaries published by School District of Palm Beach County.
Other options for this address
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.

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