Hypoluxo Island, 359 E Ocean Ave

3
Beds
3
Baths
2,122
SqFt
$943
$/SqFt
Sold - Feb 23, 2026
Ultra Luxury House
Built in 1989
2 Parking
Lagoon View
Waterfront
Outdoor Living Area
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.
MLS Number: R11139478
On Site: 316 Days
Updated: 33 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: OutdoorLivingArea
  • View: Lagoon
Interior, Heating and Cooling
  • Interior Features: BreakfastBar, CathedralCeilings, CentralVacuum, DiningArea, SeparateFormalDiningRoom, MainLevelPrimary, VaultedCeilings, WalkInClosets
  • Equipment / Appliances: Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Oven, Refrigerator, WaterHeater, Washer
  • Heating Description: Central,Zoned
  • Cooling Description: CentralAir,Zoned
Building and Construction
  • Floor Description: Marble
  • Year Built: 1989
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2025-11-10T13:00:21.000-00:00
    • Directions: South
    • Pets Allowed: NoPetRestrictions, Yes
    Taxes, Fees & More
    • Taxes: 9949.58
    • Security Information: SecuritySystemOwned, GatedCommunity
    • Parking Description: Attached, Garage, Open, RvAccessParking
    • Total Floors in Building: 2

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    Price History

    Current
    $2M
    High
    $2.4M
    Low
    $2M
    Total Change
    -15.8%
    $2.4M$2.2M$2MNov 25Feb 26Feb 26
    Date
    Event
    Price
    Change
    Price Per
    02/23/2026
    Sold
    $2M
    0%
    $943 ft2
    $10,145 m2
    02/23/2026
    Price Reduced
    $2M
    -15.79%
    $943 ft2
    $10,145 m2
    11/10/2025
    Listed
    $2.4M
     
    $1,119 ft2
    $12,047 m2
    02/23/2026
    $2M
    Event
    Sold
    Change
    0%
    Price Per
    $943 ft2
    $10,145 m2
    02/23/2026
    $2M
    Event
    Price Reduced
    Change
    -15.79%
    Price Per
    $943 ft2
    $10,145 m2
    11/10/2025
    $2.4M
    Event
    Listed
    Price Per
    $1,119 ft2
    $12,047 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Steven PressonThe Corcoran Group • Buyer Agency Compensation .

    Transit & Commute from Hypoluxo Island

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    27
    Traffic score
    Congested area. Frequent traffic delays
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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    23

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    45

    100
    Sound Score®
    Bearable noise
    79

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    27

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    3 – 6 BR
    Bedrooms
    $2.3M – $13.5M
    Price Tier
    1,153 - 13,342
    SqFt Range
    1978
    Year Build
    1
    Total Floors

    Subdivision Amenities

    Boating
    None
    Park
    Playground

    Lantana
    Ultra Luxury
    Ultra Luxury Homes & Condos

    Hypoluxo Island Communities in Lantana, FL