516 S Ocean Blvd: Breathtaking Mediterranean Oceanfront Masterpiece in Palm Beach Listed for $60 Million

Date of Publishing: February 9, 2025

Nestled along the prestigious coastline of Palm Beach, 516 S Ocean Blvd emerges as an architectural gem, epitomizing coastal luxury with its Mediterranean-inspired design and unrivaled oceanfront views. Priced at $60 Million this seven-bedroom, eleven-bathroom estate offers nearly 10,000 square feet of impeccably curated living space, designed for those who appreciate both opulence and tranquility. This is more than just a home in Florida for sale; it is a sanctuary of elegance and sophistication.

Front view of the Mediterranean-style estate at 516 S Ocean Blvd, Palm Beach, featuring oceanfront access and lush landscaping.

Timeless Design Meets Modern Comfort

Built in 2015 and masterfully renovated by AD 100 designer Daniel Romualdez, this home balances timeless Mediterranean aesthetics with modern comforts. The ocean-view living room, featuring a gas fireplace, sets the tone for elegant gatherings, while the paneled oceanfront library offers a serene retreat.

“The craftsmanship throughout the property is second to none,” says Dana L. Koch of The Corcoran Group, the listing agent for the property with over two decades of experience in Palm Beach Real Estate. “Every detail, from the wood-beamed entertainment room to the marble island in the gourmet chef’s kitchen, has been meticulously selected for both beauty and function.”

SEE MORE: Experience Timeless Southern Elegance in the Heart of Inlet Beach for $8.5 Million

An Entertainer’s Dream with Unrivaled Amenities

Designed with gracious entertaining in mind, the estate includes a club room with a full bar, a formal dining room, and multiple oceanfront living spaces that seamlessly blend indoor and outdoor living. The gourmet kitchen boasts high-end appliances, a butler’s pantry, and a spacious eat-in area perfect for intimate family breakfasts or casual gatherings.

The outdoor amenities are equally impressive. Covered loggias overlook the expansive heated pool and built-in spa, while a cabana with a bath and shaded patio create an ideal setting for poolside dining. With 100 feet of deeded ocean frontage, beachside enjoyment is truly elevated. Whether hosting a grand event or enjoying a quiet evening, this estate offers endless possibilities.

SEE MORE: Discover a Waterfront Masterpiece in Sewalls Point: Architectural Brilliance Listed at $10.5 Million

Luxurious Conveniences and Private Comforts

Beyond its entertainment prowess, 516 S Ocean Blvd offers conveniences tailored for modern luxury living. An elevator provides easy access to the home’s two stories, while a full-house generator ensures uninterrupted comfort. The three-car garage, two laundry rooms, and advanced security features underscore the home’s commitment to effortless living.

Paulette Koch of The Corcoran Group shared with Luxury Houses Magazine, “This property isn’t just about luxury – it’s about creating a lifestyle. The owners have invested deeply in making this a haven for both relaxation and grand entertaining.” This level of thoughtful design and attention to detail makes this estate a rare find in Palm Beach Real Estate.

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A Rich History in Palm Beach Real Estate

The journey of 516 S Ocean Blvd through the Palm Beach Real Estate market reflects its growing allure. Initially sold for $6,250,000 in 2004, the property saw successive sales and renovations, with its most recent transaction in June 2020 at $24,244,175. Its current listing at $60 million highlights the value of its prime location and unparalleled design.

Luxury Houses reached out to the current owners for insights into their vision behind the renovations, but they declined to comment. Nevertheless, the transformation speaks volumes, positioning this estate as a standout in Palm Beach’s luxury market. This home only boasts a rich history but also represents the pinnacle of architectural refinement.

Prime Location with Unmatched Community Perks

Located in the exclusive Singer Addition subdivision, the estate is not just a home but part of a vibrant community. Residents enjoy proximity to world-class dining, upscale shopping, and renowned cultural institutions. The Palm Beach area is celebrated for its pristine beaches, high-end boutiques along Worth Avenue, and an array of gourmet restaurants that cater to the most discerning palates.

Moreover, the estate’s central location ensures convenient access to major transport links, making travel seamless whether for business or leisure. “Living here means you’re just minutes from the best that Palm Beach has to offer,” Dana L. Koch adds. “It’s a rare blend of privacy and accessibility.” This makes 516 S Ocean Blvd not just a property, but an exceptional home in Palm Beach for sale offering unmatched lifestyle benefits.

A Once-in-a-Lifetime Opportunity

For those seeking a blend of history, luxury, and unmatched oceanfront living, 516 S Ocean Blvd represents a rare opportunity. As Paulette Koch aptly puts it, “This isn’t just a home – it’s a statement.” If you’re looking for a premier Palm Beach home for sale, this estate offers a unique combination of luxury, history, and modern living.

For more information or to schedule a private tour, contact Dana L. Koch and Paulette Koch of The Corcoran Group.

Explore the full listing on Zillow.

For inquiries or to schedule a private showing, please contact:

Dana L Koch
561-379-7718
The Corcoran Group, Paulette Koch

* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*