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359 E Ocean Avenue, Lantana FL 33462

House For Sale
$2,995,000

BTC: 46.65864148

ETH: 1,698.86666591

10 days
Waterfront
3 bds
3 ba
2,122 sqft

Overview

Welcome to one of the best waterfront values in Palm Beach County steps to the beach. Located on the sought-after barrier island community of Hypoluxo Island, this waterfront home offers a rare opportunity to enjoy the South Florida coastal lifestyle at an exceptional price point. Just steps from the beach and overlooking the protected waters of the Lantana Nature Preserve, this is currently the only waterfront single-family home available on a barrier island in Palm Beach County for under $3 million. Recently updated and move-in ready, the home features a beautifully renovated kitchen, updated finishes, soaring vaulted ceilings, marble flooring, and bright open living spaces designed for relaxed coastal living. The spacious primary suite enjoys tranquil water views, while the open floor plan seamlessly connects indoor and outdoor entertaining areas. Outdoor living is where this home truly shines. Relax beside the saltwater pool, enjoy the waterfront setting, or step onto your private dock with a 10,000-pound boat lift and easy access to the Intracoastal Waterway and Atlantic Ocean. Whether you're heading out by boat, taking a short walk to the beach, or enjoying dinner at one of the area's nearby waterfront restaurants, the lifestyle here is effortless. This gated island retreat captures everything buyers love about South Florida living—waterfront views, beach access, boating, privacy, and exceptional value. Whether you're searching for a full-time residence, seasonal getaway, or waterfront investment, opportunities like this are increasingly hard to find. Come discover why so many buyers are finding their way to Hypoluxo Island—one of South Florida's best-kept coastal secrets and home to some of the best waterfront values remaining in Palm Beach County.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Open / Parking Garage
Year Built:
1989
Lot:
0.32 Acres
Heating:
Central / Zoned
Price/sqft:
$1,411
Cooling:
Central Air / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$524,900
$422K – $1.2M
Confidence Low
List vs. estimate
$2.5M above estimate
List $2,995,000 · +470.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,411
+159.5% vs. city median $543
Based on
19 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $531K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,249
2025
Pool
Private
View
Lagoon, Lagoon View
Waterfront
Intracoastal Front, Lagoon
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Marble

    Heating

    • Central

    • Zoned

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Family Room

    • Utility Room

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Open

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    Lot

    • Lot: 0.32 Acres

    Other Property Information

    • Parcel Number: 40434503010001112

    • Zoning: R1A(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $10,249

  • Source details

    • MLS ID: B26040181

    Other facts

    • Construction Materials: Stucco

    • Fireplace Features: Decorative

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre / Fenced

    • Patio And Porch Features: Patio

    • Window Features: Partial Impact Glass

    • Direction Faces: South

    • Other Structures: Livable

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2122

    • Water Source: Public

    • Subdivision Name: HYPOLUXO ISLAND ADD,HYPOLUXO ISLAND

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: The Corcoran Group