$5,000,000
Sold · August 3, 2026
505 SE Atlantic Drive
Explore the area: Lantana homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $5,000,000
- Vs. list price
- 7.4% under
- Days on market
- 131
- Price per sq ft
- $1,592
This 3-bedroom single-family home in Hypoluxo Island Add sold for $5,000,000 on August 3, 2026. That was 7.4% below its final list price of $5,399,500. It first came on the market at $5,399,000, so the price was adjusted before it sold. It spent 131 days on the market. At $1,592 per square foot, it closed 117.2% above the $733 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $5,000,000
- Sold On
- August 3, 2026
- Days on Site
- 131 Days
- Bedrooms
- 3
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 3,140 sqft
- Total Sq Ft
- 4,410 sqft
- Lot Size
- 0.27 Acres
- Year Built
- 2026
- Property Type
- Single Family
- MLS #
- R11165873
- Property Tax
- $17,329 (2025)
- Subdivision
- HYPOLUXO ISLAND ADD
- County
- Palm Beach
- Status
- Sold
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2026
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Garage / Garage Door Opener
- Direction Faces
- East
- Lot Size (Acres)
- 0.27
- Living Sq Ft
- 3,140
- Total Sq Ft
- 4,410
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R1A(ci
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Gas Range / Gas Water Heater / Microwave / Refrigerator / Water Heater / Washer
- Cooling
- Central Air
- Heating
- Central
- Interior Features
- Bidet / Built In Features / Bathtub / Closet Cabinetry / Dual Sinks / Entrance Foyer / High Ceilings / Kitchen Island / Living Dining Room / Custom Mirrors / Main Level Primary / Pantry / Soaking Tub / Separate Shower / Walk In Closets
- Main Level Bedrooms
- 3
- Main Level Baths
- 4
- Total Rooms
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Built In Barbecue / Barbecue / Lighting / Outdoor Kitchen / Outdoor Living Area
- Architectural Style
- Colonial
- Private Pool
- Yes
- Pool Features
- Outside Bath Access
- Patio & Porch
- Covered / Patio
- Lot Features
- Quarter To Half Acre Lot / Sprinklers Automatic / Sprinkler System
- Waterfront Features
- None
- View
- Garden
Community & HOA
- Security
- Smoke Detectors
- Utilities
- Cable Available / Natural Gas Available / Sewer Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Rv
- MLS Area
- 5004
About the Community
Hypoluxo Island Add is a luxury community in Lantana, Palm Beach County, Florida. Properties are priced from $2,600,000 to $13,500,000. Pure Equity lists homes in Hypoluxo Island and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 10
- Under Contract
- 1
- Median List Price
- $3,499,000
- Median $/Sq Ft
- $1,291
- Avg Days on Market
- 109
Frequently Asked Questions
- How do I schedule a tour of 505 SE Atlantic Drive, Lantana, FL 33462?
- Use the Tour button on this listing to request a showing of 505 SE Atlantic Drive, Lantana, FL 33462. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 505 SE Atlantic Drive, Lantana, FL 33462 still available?
- 505 SE Atlantic Drive, Lantana, FL 33462 is currently listed as Sold, and has been on the market 131 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 505 SE Atlantic Drive, Lantana, FL 33462?
- With 20% down ($1,079,900) on the $5,399,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 505 SE Atlantic Drive, Lantana, FL 33462 is about $28,377/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 505 SE Atlantic Drive, Lantana, FL 33462?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 505 SE Atlantic Drive, Lantana, FL 33462. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 505 SE Atlantic Drive, Lantana, FL 33462?
- Often, yes. The right offer on 505 SE Atlantic Drive, Lantana, FL 33462 depends on how it's priced against comparable single family sales in Lantana, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Realty One Group Engage
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$5,000,000
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Listed by Patricia Griffith, Realty One Group Engage
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Recent Sales
Recently sold homes in Hypoluxo Island Add
These are the last 4 recorded closings in Hypoluxo Island Add, with the price each home actually sold for rather than what it was listed at. They closed at a median of $792 per square foot. The most recent closed on March 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$3,475,000
Sold · March 2, 2026
216 SE Atlantic Drive
5 bed · 4 bath · 5,776 sqft · $602/sqft
$320,000 under the asking price
Sold$2,000,000
Sold · February 23, 2026
359 E Ocean Avenue
3 bed · 3 bath · 2,122 sqft · $943/sqft
$375,000 under the asking price
Sold$1,900,000
Sold · November 12, 2025
326 S Atlantic Drive
3 bed · 3 bath · 2,400 sqft · $792/sqft
$95,000 under the asking price
- Photo Coming SoonSold
$2,327,000
Sold · October 15, 2025
618 S Atlantic Drive
5 bed · 4 bath · 3,455 sqft · $674/sqft
$273,000 under the asking price
See every recorded sale in Hypoluxo Island Add or find out what your Hypoluxo Island Add home is worth.
