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2727 S OCEAN Boulevard # 1502, Highland Beach FL 33487

Condo/Co-op For Sale
$4,750,000

BTC: 56.67243334

ETH: 1,792.45283019

1 days
Waterfront
3 bds
3 ba
3,530 sqft

Overview

Presenting The Penthouse at Villa Magna, a remarkable Highland Beach residence where two horizons meet. High above the Atlantic, PH1502 offers 3,530 SF of measured interior living space, three bedrooms, expansive glass, sweeping Atlantic and Intracoastal views, and nearly 1,900 SF of outdoor living. Crowning the residence is a private 1,189-SF oceanfront rooftop terrace with wet bar—an extraordinary setting for entertaining above the sea. Two private garage spaces are included. Villa Magna offers more than 350 feet of direct oceanfront, a resort-style pool and spa, fitness and social spaces, wine storage, Intracoastal dockage subject to availability, and an extensive approximately $21M community transformation. A rare penthouse residence, ready for its next chapter. More details in suppl., THE RESIDENCE: A true penthouse residence with Atlantic Ocean and Intracoastal Waterway exposures, offering 3,530 SF of measured interior living space, three bedrooms, three full baths and nearly 1,900 SF of outdoor living. Expansive floor-to-ceiling glass, approximately 9-foot ceilings, impact glass and electronic window shades frame the principal living spaces. A formal double-door entry opens to spacious living and dining areas with direct Atlantic views, complemented by a built-in bar/butler's server and approximately 32-foot open kitchen. All three bedrooms are oriented toward the Intracoastal. The expansive primary suite measures approximately 40 feet in length and includes a separate sitting area, bath and walk-in closets. The third bedroom is configured as a private suite with pocket-door separation. Two private garage spaces are included. PRIVATE ROOFTOP & OUTDOOR LIVING: Crowning the residence is an approximately 1,189-SF private oceanfront rooftop terrace with direct Atlantic views, outdoor wet bar and storage. An expansive eastern terrace extends the principal living spaces toward the Atlantic, while a western balcony overlooks the Intracoastal—creating a residence experienced from sunrise over the ocean to sunset over the Intracoastal. VILLA MAGNA: An established oceanfront building in Highland Beach with more than 350 feet of direct Atlantic oceanfront and approximately $21 million in comprehensive community restoration and improvements. Amenities include an oceanfront pool and spa, direct beach access, fitness facilities, social and gathering spaces, wine storage, a grand oceanfront lobby and attentive resident services. Intracoastal dockage and poolside cabanas are separately owned and subject to availability.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Deeded / Garage-Under Building / Guest / Parking Garage / Parking-Under Building
Year Built:
1982
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,346
Cooling:
Central Air / Electric
HOA:
$5,014

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,095,000
$2.9M – $4.8M
Confidence Low
List vs. estimate
$655K above estimate
List $4,750,000 · +16.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,345
+113.9% vs. city median $629
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $777K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$18,442
2025
HOA
$5,014/mo
Pool
Community
View
Intracoastal View, Ocean
Waterfront
Intracoastal Front
Garage
2 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Floor

    • Marble

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Bar

    • Closet Cabinetry

    • Fire Sprinklers

    • Entrance Foyer

    • Pantry

    • Stacked Bedroom

    • Walk-In Closet(s)

    • Wet Bar

    • Storage

    • Utility Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Deeded

    • Garage-Under Building

    • Guest

    • Parking Garage

    • Parking-Under Building

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Balcony / Open Balcony

    Other Property Information

    • Parcel Number: 24434628510001502

    • Zoning: RMM

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $5,014

    • HOA Frequency: Monthly

    • Annual tax amount: $18,442

  • Source details

    • MLS ID: B26083157

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Patio And Porch Features: Open Balcony / Patio

    • Pool Features: Community

    • Window Features: Complete Impact Glass / Sliding

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: Penthouse / One Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3530

    • Water Source: Public

    • Subdivision Name: VILLA MAGNA CONDO

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman