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4517 S Ocean Boulevard, Highland Beach, FL, 33487

4beds
5baths
3,667sqft
$5,395,000
$1,471price/sqft
$41,092/moest. monthly cost
$1,643,680/yrincome needed

About This Home

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!

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1990

Materials

  • Construction materials: Block

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Disposal,Microwave,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Elevator,Multiple Primary Suites,Multiple En Suite Bathrooms,Upper Level Primary,Walk-In Closet(s)
  • Window features: Skylight(s)
  • Flooring: Other

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,399
  • Total interior livable area: 3,667 sqft

Kitchen

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Living Room

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Master Bedroom

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Property

Details

  • Parcel number: 24434704000060232
  • Zoning: RML(ci

Features

  • Levels: Three Or More
  • Stories: 3
  • Private pool: Yes
  • Patio & porch: Balcony
  • Exterior features: Balcony,Outdoor Living Area
  • On waterfront: Yes
  • Waterfront features: Ocean Front

Lot

  • Lot size: 2,913 sqft
  • Features: < 1/4 Acre
  • Lot size dimensions: 20.0 ft x 150.0 ft

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • 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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $27,280$327,360
Home Insurance *$5,428$65,136
Property Taxes $8,015$96,180
Electricity $369$4,428
Total$41,092$493,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,408,868/yr
40% on housing$1,232,760/yr
45% on housing$1,095,786/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,471This listing

vs Other Active Listings

Avg $/sqft

ZIP 33487$726
Palm Beach County$443

vs Homes Sold Last Month

Median $/sqft

ZIP 33487$520
Palm Beach County$365

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

DateEventPrice
2026-02-12Listed for sale$5,395,000
2025-04-01Listing removed$5,495,000
2024-08-15Listed for sale$5,495,000
2024-06-17Listing removed--
2023-12-14Listed for sale$5,499,000
2022-04-07Listing removed--
2022-03-09Listed for sale$4,500,000
2020-06-24Sold$2,075,000

For Sale by Agent

AgentNicholas M Gonzalez
BrokerageSerhant

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