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505 SE Atlantic Drive, Lantana FL 33462

House For Sale
$5,399,500

BTC: 86.73895582

ETH: 3,208.83104534

+$500 (2026/05/22)
106 days
3 bds
4 ba
3,140 sqft

Overview

Located on prestigious Hypoluxo Island, this brand-new, fully completed one-story modern estate presents a rare opportunity to own the only newly constructed single-story contemporary residence currently offered on the island. Thoughtfully designed to embody the essence of modern Palm Beach living, the home showcases striking architectural lines, warm organic finishes, and an effortless indoor-outdoor lifestyle. Expansive living spaces, soaring ceilings, and walls of glass create a light-filled environment that seamlessly connects the interior living areas to the resort-style outdoor setting, delivering both sophistication and functionality in one of South Florida's most exclusive waterfront communities. A dramatic 12-foot solid mahogany pivot-hinge door opens to a grand gallery entry framed by soaring 16-foot ceilings and expansive walls of glass. Oversized 12-foot sliding doors flood the home with natural light and open completely to the outdoor living areas, creating a true resort-style environment. The residence offers 3 bedrooms, 3 full bathrooms, a powder bath, and an additional full Pool bath serving the pool area. The primary suite is a private retreat featuring a spa-inspired bath complete with an in-home sauna, custom European built-in closets with integrated lighting, and refined modern finishes. At the center of the home, a stunning backlit Cristallo quartzite island anchors the chef's kitchen, complemented by mitered Taj Mahal quartzite countertops, custom cabinetry, and a full suite of Thermador and Miele appliances. The adjacent outdoor entertaining area features a fully equipped summer kitchen finished in quartzite and a dedicated pool bath for effortless indoor-outdoor living. The home showcases museum-level detailing throughout, including shadow-gap flush baseboards and casing, trimless recessed lighting, linear air diffusers, nine-foot solid interior doors, and large-format tile flooring. Impact glass windows and doors provide both security and energy efficiency, while full smart-home automation controls lighting, climate, audio, and security systems. The private backyard is designed as a resort retreat, highlighted by a custom pool with water features and sun shelf surrounded by luxurious professionally designed landscaping creating a private resort-like setting. Additional features include smart toilets, tankless water heating, and a two-zone Platinum Series HVAC system. Located minutes from beaches, dining, and the Palm Beach coastal lifestyle, this property offers new construction quality and modern design rarely found on Hypoluxo Island -- a truly exceptional offering.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage / No Rv/Boats
Year Built:
2026
Lot:
0.27 Acres
Heating:
Central
Price/sqft:
$1,720
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,365,000
$1.9M – $4.3M
Confidence Low
List vs. estimate
$3.0M above estimate
List $5,399,500 · +128.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,719
+211.7% vs. city median $551
Based on
7 MLS comparables
+ 15 public-records sales within 0.5 mi
Median actual sale: $2.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,329
2025
Pool
Private
View
Garden
Garage
2 car garage
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Gas Water Heater

    • Natural Gas Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Gas Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Custom Mirrors

    • Entrance Foyer

    • Pantry

    • Volume Ceilings

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    • No Rv/Boats

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Built-In Grill

    Lot

    • Lot: 0.27 Acres

    Other Property Information

    • Parcel Number: 40434503010001741

    • Zoning: R1A(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $17,329

  • Source details

    • MLS ID: R11165873

    Other facts

    • Construction Materials: CBS Construction

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

    • Patio And Porch Features: Patio

    • Window Features: Complete Impact Glass

    • Direction Faces: East

    • Other Structures: Livable

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3140

    • Water Source: Public

    • Subdivision Name: HYPOLUXO ISLAND ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: Realty One Group Engage