Atlantic Luxury Advisors
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34 photos

3140 Ocean #502S

Palm Beach, FL 33480

$2,795,000
2
2
2,220 sq ft
1982
2 car
Condominium
$3,627/mo
Yes
Yes
50
Active

Listing courtesy of Engel & Volkers Wellington (Alexandra Danielle Solimine). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$23,524/mo
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.

Florida cost of ownership
Estimated property tax
$48,173/yr

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.

HOA
$3,627/mo (from the listing)
FEMA flood zone
Zone VE, coastal high hazard

Inside the Special Flood Hazard Area with wave action. Lenders require flood insurance on a financed home, and premiums here are the highest of any zone.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

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.

Location

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. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.