481 40th St, West Palm Beach, FL, 33407
About This Home
Introducing The Estates of Nomar -- Where Coastal Luxury Meets Urban Energy A truly rare offering in the heart of West Palm Beach, The Estates of Nomar redefines modern living in a historic setting. Developed in partnership with GL Homes, this exclusive enclave of just 100 new residences sits east of US-1--steps from the Intracoastal and minutes from the vibrant energy of downtown and Palm Beach Island. Here, your lifestyle becomes the centerpiece. Walk to local cafés and waterfront dining, bike to the beach, or spend the day on the water--then return home to the comfort, style, and innovation of brand-new construction. The Amalfi -- Effortless Elegance, Designed for Living This sophisticated single-story residence blends clean design with everyday functionality. An open-concept layout creates a seamless flow between living, dining, and entertaining spaces, anchored by a stunning chef's kitchen featuring sleek quartz surfaces, custom cabinetry, and premium Sub-Zero, Wolf, and Cove appliances. With 2 bedrooms, 2 baths, and a versatile den (or optional third bedroom), the home adapts effortlessly to your lifestyle - whether it's hosting guests, working from home, or simply unwinding in your own private retreat. The primary suite is designed to indulge, offering spa-like finishes, a frameless glass shower, and a soaking tub that invites relaxation. Built for Peace of Mind. Designed for Modern Living. From solid concrete block construction and impact glass to integrated smart home technology, every detail is crafted for durability, efficiency, and ease. Step outside to a beautifully landscaped, private homesite complete with paver driveways, lush hedging, and outdoor spaces ready for entertaining or quiet evenings under the South Florida sky. A Location That Changes Everything Positioned in the emerging Northwood/NOMAR district, you're moments from marinas, dining, and culture - with easy access to I-95 and just minutes to Palm Beach International Airport. New construction. Coastal access. Urban convenience. This is not just a home - it's a lifestyle.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Roof: Tile
- Construction materials: Block,Concrete
Other
- Builder name: GL HOMES
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Refrigerator,Freezer,Electric Range,Dishwasher,Microwave,Disposal,Washer,Dryer,Ice Maker
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Cooling features: Central Air
Features
- Storage
- Window features: Impact Glass,Impact Windows
- Flooring: Tile,Hardwood
Interior Area
- Total structure area: 2,624
- Total interior livable area: 1,889 sqft
Property
Details
- Parcel number: 74434304360000080
- Zoning: 0100 - 0100 Single Family
Features
- Levels: One
- Private pool: Yes
- Patio & porch: Patio
- Fencing: Back Yard
- Waterfront features: None
Lot
- Lot size: 5,227 sqft
- Lot size dimensions: 72
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Palm Beach County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,874 | $118,488 |
| Home Insurance * | $4,791 | $57,492 |
| Property Taxes | $1,334 | $16,008 |
| Electricity | $197 | $2,366 |
| Total | $16,196 | $194,352 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-12 | Listed for sale | $1,952,900 |
New Construction Spec
View on Zillow