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3140 S Ocean Blvd #502S
Palm Beach, FL 33480
Listing courtesy of Engel & Volkers Wellington. Contact: 561-791-2220.
A rare offering in one of Palm Beach's most exclusive oceanfront buildings, this beautifully reimagined 2-bedroom, 2½-bath residence is currently the only home available for purchase at Carlton Place. Completed to the highest standards, this exceptional residence has undergone a comprehensive gut renovation, leaving virtually every surface, system, and finish brand new. The result is a sophisticated, turnkey home that seamlessly blends timeless design with modern luxury. Thoughtfully redesigned to maximize natural light and capture views of both the Atlantic Ocean and the Intracoastal Waterway, the spacious floor plan offers elegant living and effortless entertaining. Expansive glass doors open to generous terraces where you can enjoy ocean breezes, spectacular sunrises, and breathtaking sunsets. The custom chef's kitchen serves as the heart of the home, featuring premium appliances, bespoke cabinetry, and exquisite stone countertops. The open-concept living and dining areas create a warm yet refined atmosphere for everyday living and entertaining alike. The spacious primary suite is a private retreat with custom-designed closets, and a luxurious spa-inspired bath. A generous guest suite with its own en-suite bath provides exceptional comfort and privacy, while the stylish powder room is perfect for visitors. The Oceanfront Residents of Carlton Place enjoy a full-service luxury lifestyle with 24-hour gate security, attentive management, private beach access, a beachfront swimming pool and spa, Har-Tru tennis courts, a modern fitness center, and impeccably maintained grounds. Ideally located on Palm Beach's coveted South End, you're just minutes from Worth Avenue, world-class dining, golf, and the best the island has to offer. With inventory in Carlton Place exceptionally limited, this is a unique opportunity to own a completely renovated, move-in-ready residence in one of Palm Beach's premier oceanfront communities.
- Principal and interest
- $14,133
- Property tax
- $4,014
- Homeowners insurance
- $1,750
- HOA
- $3,627
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Carlton Place, A Condo was built in 1982, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.











