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4517 S Ocean Drive Boulevard, Highland Beach, FL – $5,495,000

  • $5.5M Price
  • 4 Beds
  • 5 Baths
  • 3,667 Sqft
  • $5.5M Price
  • 4 Beds
  • 5 Baths
  • 3,667 Sqft

4517 S Ocean Drive Boulevard

Rare opportunity to own a 3-level beachfront townhome with low HOA fees. One of only three units, 4517 is centrally located with direct oceanfront views from every level. The living room opens to a patio, yard, and the beach just 50 steps away. Two primary suites feature large closets, private baths, and oceanfront balconies. A third bedroom includes a private bath and sitting room. The fourth bedroom is a guest house with a full bath and walk-in closet--perfect as a cabana or gym. Enjoy a private courtyard, pool, 2-car garage, and gated entry. Move-in ready or update to your taste. No rental restrictions, great income potential! New Balconies and Pavers to be completed.This is a rare opportunity to own a stunning three-level townhome directly on the sand, offering the ultimate beachfront living experience with low HOA fees. One of only three units, 4517 is perfectly positioned in the middle, providing breathtaking direct oceanfront views from every level. The spacious living room opens to a private patio and yard, with the beach just 50 steps away. Two luxurious master suites feature large closets, private bathrooms, and oceanfront balconies, while a third bedroom offers its own private bath and sitting room. A separate guest house serves as the fourth bedroom, complete with a full bath and a large walk-in closetideal as a cabana, gym, or private retreat. Additional highlights include a private courtyard and pool, a two-car attached garage, and a secure gated entrance. The home is move-in ready and tastefully furnished, or bring your contractor to customize it to your taste. With no rental restrictions, this property offers tremendous rental potential for non-primary users. HOA fees cover exterior water, liability insurance, and groundskeeping, making this an effortless and lucrative investment. Don't miss out on this beachfront gem!

Essential Information

  • MLS® #RX-11012767
  • Price$5,495,000
  • Bedrooms4
  • Bathrooms5.00
  • Full Baths4
  • Half Baths1
  • Square Footage3,667
  • Year Built1990
  • TypeResidential
  • Sub-TypeTownhomes/Villas
  • StatusNew

Community Information

  • Address4517 S Ocean Drive Boulevard
  • Area4150
  • SubdivisionTerra Mar
  • CityHighland Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33487

Amenities

  • AmenitiesNone
  • # of Garages2
  • Is WaterfrontYes
  • WaterfrontOcean Front
  • Has PoolYes

Utilities

Cable, 3-Phase Electric, Public Water

Interior

  • HeatingCentral
  • CoolingCentral
  • # of Stories3
  • Stories3.00

Interior Features

Elevator, Walk-in Closet, Sky Light(s)

Appliances

Dishwasher, Disposal, Dryer, Microwave, Range - Electric, Washer

Exterior

  • ConstructionCBS

Additional Information

  • Listing Courtesy ofSerhant
  • Date ListedAugust 15th, 2024
  • Zoningrml
  • HOA Fees667
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