Home in 359 E Ocean Avenue, Lantana, FL 33462 with MLS# R11139478

A Rare Waterfront Value on Hypoluxo Island - The Lowest-Priced Coastal Waterfront Home on the Market in All of Palm Beach County . An extraordinary and irreplaceable waterfront opportunity awaits on the tranquil lagoon side of prestigious Hypoluxo Island. As the lowest-priced single-family waterfront property available today on the coastal side of any barrier island in Palm Beach County, this residence represents unmatched value in one of South Florida's most coveted yet quietly undervalued coastal enclaves. This gated boutique estate delivers the perfect blend of luxury, privacy, and island charm. Set along peaceful waters overlooking the protected Lantana Nature Preserve-and just moments from sandy beaches-this home offers the rare ability to live on a true barrier island without the premium price tag typically associated with Palm Beach County's coastal markets. Walk to fine dining, the vibrant local marina, and the energetic coastal lifestyle that defines the area, all while coming home to a serene waterfront retreat. Inside, soaring vaulted ceilings and elegant marble flooring create an airy, sun-filled environment that enhances the home's refined design. The expansive primary suite enjoys calming water views, a generous walk-in closet, and a spa-inspired bath, offering the feel of a private resort sanctuary. The gourmet kitchen, equipped with premium appliances, double convection ovens, and abundant counter space, is ideal for both culinary enthusiasts and entertainers alike. Open-concept living and dining spaces seamlessly transition outdoors to a waterfront oasis. A resort-style saltwater pool with a travertine deck sets the stage for quiet relaxation or hosting unforgettable gatherings. A private dock with a 10,000-pound lift accommodates boats up to 27 feet, providing effortless access to South Florida's iconic waterwaysfrom intracoastal cruising to ocean adventures. Additional features include an electric front gate for enhanced privacy and security, along with impact-rated windows and doors for peace of mind and energy efficiency. This property embodies the essence of refined island living: luxurious yet unpretentious, secluded yet connected, and positioned in one of the most exceptional waterfront value opportunities in all of Palm Beach County. For those seeking a rare chance to own a true coastal waterfront home on a barrier islandthis is the opportunity that simply cannot be replicated.

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359 E Ocean Avenue, Lantana, FL 33462

Price
Price:
$2,375,000.00
Original List Price:
$2,375,000.00
List Price per Sq Ft (Calculated, Approx.):
$942.5
Close Price:
$2,000,000.00
Transaction closed on:
February 23, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Contingency:
Active Under Contract
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
February 23, 2026 6:13 pm
Other Special Conditions:
Disclosure
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
3
Full Bath:
3
Room Type:
Dining Room, Family Room, Utility Room, Bedroom 2, Bedroom 3, Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Master Bdrm - Ground
Dining Area:
Formal Dining, Snack Bar/counter
Measures
Living Area:
2,122 Sqft
Built-Up Area:
2,932 Sqft
Lot Area:
13,939.20 Sqft
Lot Size Dimensions and Info:
90.0 ft x 150.0 ft
Building Area Source:
Public Records
Lot Size Acres:
0.32
Property Features
View from the Property:
Lagoon
Waterfront:
Yes
Waterfront Features:
Lagoon, Intracoastal
Private Pool
Swimming Pool Features:
In Ground
Security:
Security System Owned
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Cooktop, Electric Water Heater, Water Heater, Oven
Interior:
Walk-In Closet(s), Vaulted Ceiling(s), Central Vacuum, Cathedral Ceiling(s)
Patio and Porch:
Patio, Porch, Glass Enclosed, Patio - Open
Fireplace
Air Conditioning
Air Conditioning System:
Zoned, Central Air
Heating
Heating System:
Central, Zoned
Fence:
Fenced
Boat and Dock Features:
Private Dock, Lift
Boat Dock Accommodates:
Up To 30 Ft Boat
Property Entrance Faces:
South
Storm Protection Impact Glass:
Partial
Sprinkler Description:
Auto Sprinkler
Construction
Year Built:
1989
Roof:
Barrel
Levels:
Two
Construction Materials:
Stucco
Flooring:
Marble
Number of stories:
2
Stories:
2
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$9,949.58
Tax Year:
2024
Property Tax Details:
City/County, Homestead Exemption
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Attached Garage
Parking Features:
Garage, Open, Rv Access/parking, Attached Garage
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
HYPOLUXO ISLAND ADD
Senior Community:
No
Development Name:
HYPOLUXO ISLAND
Restrictions:
No Restrictions
Community Dock
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
HYPOLUXO ISLAND ADD LTS 111 & 112 (LESS W 125 FT)
Real Estate Folio Number (Parcel Number):
40434503010001112
Zoning:
R1A(ci
Listing History
Active on the market since:
November 10, 2025
Listing Agreement executed on:
November 10, 2025
Purchase Contract Date:
December 29, 2025
Listing Status Last Changed On:
February 23, 2026 6:13 pm
Photos updated on:
December 24, 2025 10:12 pm
Last Modified:
May 8, 2026 3:07 am
Additional Information
Courtesy of:
The Corcoran Group
Attribution:
Not provided
Location
Street Name:
Ocean
Street Number:
359
City:
Lantana
State:
Florida
Zip Code:
33462
County:
Palm Beach
Latitude:
N26° 35' 3.7''
Longitude:
W81° 57' 27.3''
Street Suffix:
Avenue
Street Direction Prefix:
E
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $72,288
Median Home Value $323,600
Median Rent $1,659/mo
Median Age 42
Population 32,495
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Ver la Propiedad Ver la propiedad 359 E Ocean Avenue, Lantana, FL 33462
This listing can also be located in the MLS system as RX-11139478
Association of REALTORS®
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