HYPOLUXO ISLAND ADD
505 SE Atlantic Drive, Lantana FL 33462
3 beds · 4.5 baths · 3,140 ft²
$5,399,500
Est. Payment $28,738/mo
3
Bedrooms
4.5
Bathrooms
3,140
Sq. Ft.
2026
Year Built
2
Garage
1
Stories
131
Days on Market
Description
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.
Facts
- MLS#
- R11165873
- Subdivision
- HYPOLUXO ISLAND ADD
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 11,761 ft²
- Sq. Ft.
- 3,140 ft²
- Sq. Mt.
- 292 m²
- Price per sq. ft.
- $1,720/ft²
- Price per sq. mt.
- $18,491/m²
- Stories
- 1
- Garage
- 2 spaces
- Pool
- Private
- Days on Market
- 131 days
- Listed
- Feb 22, 2026
- Last Updated
- Aug 11, 2026
- Price/Lot Sq.Ft.
- $459/ft²
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Market insights for Lantana
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
35
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 8/11/2026 | Sold | $5,399,500 |
| 5/22/2026 | Price change | $5,399,500+0.0% |
| 2/22/2026 | Listed for sale | $5,399,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$33,388/mo
Principal & Interest
$28,738
Property Tax
$4,500
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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