by Global Lifestyle Properties

Check Availability
$88,400,000
● House - In Contract

7 Ocean Lane

Palm Beach, FL 33480
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
9,410 Ft²
$485,984
Est. Monthly

About This Property

''Toes on Sand'' - Oceanfront Luxury Redefined

Under Construction- Estimated Completion Spring 2026. Experience the ultimate in Oceanfront living with ''Toes on Sand'', a brand new Sabatello-built coastal masterpiece positioned directly on the beach in one of Palm Beach's most coveted locations. Designed by the renowned team of Portuondo & Perotti, this Art Deco-inspired estate blends timeless elegance with contemporary luxury. The residence features a natural coral stone exterior cladding barrel tile roof, and expansive walls of glass capturing breathtaking panoramic Oceanfront views from every major living space. Thoughtfully planned for both comfort and grandeur, the home opens seamlessly to sprawling patios and terraces, surrounded by the lush, mature tropical landscaping ensuring beauty and privacy. Below the surface, a state-of-the-art underground parking vault accommodates 10-14 vehicles, an extraordinary feature ideal for the discerning car collector. Adjacent spaces include a private gym, wine room, full bath, and customizable bonus areas- perfect for entertainment or personal retreat. "Toes on Sand" represents a rare opportunity to own a true Oceanfront estate of architectural distinction, crafted with Sabatello Construction's signature excellence and attention to detail.
Unit Size
9,410 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$9,394
Property Type
House
Property Taxes
$51,925
HOA Dues
-
Year Built
-

Listed By

Bill Yahn
The Corcoran Group

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Last updated: 3 months ago (Beaches MLS #R11139593)

Price History

Date / Event Date Event Price
Jul 23, 2026 In contract -
In contract
May 27, 2026 Price Increased $88,400,000
↑ $4M (5.2%)
Price Increased
Nov 6, 2025 Listed by The Corcoran Group $84,000,000
Listed by The Corcoran Group
Feb 16, 2022 Sold
Sold
Dec 29, 2020 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Circular Driveway, Garage, Garage Door Opener
Garage Spaces: 10
Interior Details
Half Bathrooms: 1
Full Bathrooms: 7
Interior Features: Wet Bar, Entrance Foyer, Kitchen Island, Pantry, Soaking Tub, Bar, Walk-In Closet(s), BreakfastArea, Bathtub, DualSinks, FamilyDiningRoom, GardenTubRomanTub, SplitBedrooms, SeparateShower, UpperLevelPrimary
Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator, Water Heater
Flooring Type: Marble, Wood
Door Features: French Doors
Laundry Features: Inside
Rooms: 4
Has Fireplace
Exterior Details
Square Footage: 9410
Security Features: Security System, Fire Sprinkler System, Smoke Detector(s)
Property Condition: New Construction
Architectural Style: Mediterranean
Year Built: 2025
Waterfront Features: Ocean Front, ShorelineSand
Building Area Total: 14355
Levels: Two
Construction Materials: Block, Concrete, Stone Veneer
Patio and Porch Features: Covered, Patio, Open, Balcony
Pool Features: Gunite, Heated, Pool Sweep, Concrete, PoolEquipment
Pool is Private
Lot Features: SprinklersAutomatic, SprinklerSystem
Lot Size Area: 22215.6
Lot Size Units: Square Feet
Lot Size Acres: 0.51
Lot Size Square Feet: 22215.6
Lot Size Dimensions: 106.0 ft x 171.0 ft
Water Source: Public
Financial Details
Tax Annual Amount: $623,096
Utilities Details
Cooling Type: Central Air, Electric, Zoned
Heating Type: Central, Electric, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: None

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,176
  • Lot Size Depth Feet: 40
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: OCEAN LANE IN
  • Land Acres: 0000000509
  • Standard Land Use Code: 8000
  • County Land Use Code: 0000
  • Legal Description 1: OCEAN LANE N 6 FT OF LT 6 (LESS WLY 75.90 FT) & LT 7

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003507

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: 124
  • Parcel: 50-43-43-11-02-000-0061
  • Lot: 6,7
  • Meridian: SEC 11 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7399
  • Longitude: -80.0354

    Address

  • Full Address: 7 Ocean Ln
  • Address - House Number: 7
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 3304
  • Zip Code: 33480

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,755,418
  • Tax Rate Code Area: 50411

    Market Valuation

  • Market Total Value: $22,635,990
  • Market Land Value: $22,635,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,710,330

    Sales

  • Current Sale Contract Date: Feb 15, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 74250
  • Previous Sale Recording Date: Dec 29, 2020
  • Previous Sale Contract Date: Dec 21, 2020
  • Previous Sale Amount: $20,200,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palm Beach


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Frequently Asked Questions

When was property at 7 Ocean Lane built and last sold?
The property at 7 Ocean Lane was built in and last sold on Feb 15, 2022 for $39,000,000.
How much is this home worth?
The estimated value of the home located at 7 Ocean Lane is $89,284,000.
What are some comparable homes to 7 Ocean Lane?
There are currently no comparable homes to 7 Ocean Lane.