3500 N Ocean Boulevard
About This Property
" 4 bedrooms / 3.1 baths
" 2,446 SF under air / 3,386 total SF
" Deeded beach directly access across A1A
" Private walled lot with 158 feet of frontage on A1A
" Private driveway entry and gated access to Banyan Road for easy access to neighborhood
" Gated courtyard entry opens to expansive terrace and pool area
" Flexible floor plan with bright interior spaces and heart-of-pine hardwood floors
" Dining room, living room, kitchen flow from room to room with powder room near stairway
" New kitchen features marble counters, large island with snack bar seating, farm sink, Miele and Sub-Zero appliances, wine cooler and a wall of sliders to the pool terrace for outdoor entertaining
" Ground floor master suite with paneled ceiling in bedroom, walk-in closet and new bathroom with glass walk-in shower, clawfoot soaking tub, dual sinks and linen closet
" Three additional bedrooms upstairs and private balcony
" Newly resurfaced salt-water heated pool and expansive terrace for entertaining and lounging
" Landscaped grounds with abundant privacy, butterfly gardens, planting beds, fruit trees and an enclosed 40' x 20' turf yard on the north side of the property with fence and outdoor shower
" Air-conditioned two car garage located off the kitchen with full-size washer and dryer, laundry sink, storage, pantry and doorway to north yard
" Air-conditioned encapsulated crawl space with climate/humidity control and added sump pumps
" Renovations in 2016 include new plumbing, new electrical, modern a/c ducted mini-split system, ceiling speakers throughout entire first floor, state-of-the-art kitchen, new bathrooms, recessed lighting and new landscape with watering system.
" Improvements in 2018 include artificial turf, landscape lighting, new concrete tile roof, crawl space encapsulated for storage, interior and exterior paint and Tesla charger installed in driveway
" Most recent improvements include new fireplace in courtyard and new courtyard entry gate
" Other features include plantation shutters, impact glass throughout and whole house reverse osmosis filter
This wonderful Gulf Stream residence represents an incredible opportunity to enjoy South Florida's luxury living.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by The Corcoran Group | $4,693,000 | |
| Listed by The Corcoran Group | |||
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Discover the essence of coastal chic at 3500 N. Ocean Blvd., ideally situated in the heart of Gulf Stream with direct beach access just across the street. Perfectly positioned near the Gulf Stream School and minutes from the energy of Atlantic Avenue, this enchanting residence has been meticulously reimagined to preserve its timeless character while embracing contemporary luxury. Every detail has been carefully curated to offer an unparalleled experience in comfort and style.
Exuding a captivating coastal ambiance, the home welcomes you with a spacious entry courtyard and outdoor fireplace. Inside, 4 bedrooms, 3.1 bathrooms, and 3,386± total square feet unfold in a comfortable laid back floor plan designed for both relaxed living and effortless entertaining. The gourmet kitchen is a culinary haven equipped with high end appliances, featuring marble countertops, a generous island, and custom cabinetry.
The primary ground-floor suite, with its serene spa-inspired bath, opens seamlessly to the heated saltwater pool surrounded by lush landscaping. Upstairs, three additional bedrooms with balcony provide comfort and privacy for family and guests. Additional features include a full-house generator, wood floors throughout, and thoughtfully designed finishes. Set within private grounds that create a tranquil oasis, this residence offers the rare combination of charm, luxury, and proximityjust steps from the sand, and only a short drive to the pulse of Delray Beach, Palm Beach International Airport and Palm Beach. A+ location.
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| May 6, 2025 | Listed by The Corcoran Group | $4,200,000 | |
| Listed by The Corcoran Group | |||
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Location, Location, Location,Unique opportunity only moments to the pristine beaches, Gulf Stream School and famed Atlantic Avenue. Offering four bedroom three and a half bath this single family home is ready to enjoy immediately. The private grounds offer a tranquil oasis and provide the owner and guests a tranquil respite in the heart of Gulf Stream. Just minutes to Palm Beach International Airport for easy in and out access. Come and live your dream in an A + Location
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| Apr 12, 2024 | Sold | ||
| Sold | |||
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