2773 S Ocean Boulevard Unit 5140, Palm Beach, FL 33480

Property Description

Palm Beach waterfront at a price point the island rarely offers. Residence 514 at The Carlyle House delivers direct Intracoastal views, sunset exposure, and deeded beach access from the 5th floor of a building that has been comprehensively transformed. New infinity-edge pool and spa suspended over the Intracoastal. New 24-hour doorman lobby. New fitness center with his and hers saunas. Renovated unit: quartz countertops, custom closet cabinetry, impact windows and sliders, in-unit washer/dryer. All SIRS and Milestone reports complete. All assessments paid in full by seller. Directly across from the Four Seasons Resort. Minutes to Worth Avenue. Zero financial exposure for the buyer. $1,200,000. THE OPPORTUNITY At $823 per square foot with direct Intracoastal views, deeded beach access, a fully transformed building, and seller-paid assessments, Residence 514 at The Carlyle House represents one of the most straightforward entries into the Palm Beach waterfront market available today. The building work is finished. The financial picture is clear. The location is unmatched. THE RESIDENCE Unit 514 sits on the 5th floor of The Carlyle House with direct Intracoastal views and south-facing sunset exposure. The unit has been updated throughout — renovated kitchen with quartz countertops and kitchen island, custom closet cabinetry in the primary suite, split bedroom layout for maximum privacy, impact windows and sliders throughout, tile flooring, covered and open balcony, in-unit washer/dryer, and pantry storage. The primary suite measures 20 x 13 with a walk-in closet. The second bedroom at 15 x 12 functions equally well as a guest room, home office, or den. THE BUILDING The Carlyle House has undergone a complete transformation that repositions it among the strongest amenity offerings in Palm Beach waterfront condos at this price point. New amenities completed and operational: Infinity-edge pool and spa suspended directly over the Intracoastal Waterway Redesigned lobby with full-time 24-hour doorman and concierge Social room with billiards, theatre area, and full-service kitchen State-of-the-art fitness center with newly designed locker rooms His and hers saunas Built-in BBQ station with beverage fridge Elegant landscape lighting throughout the grounds EV charging stations Full-time on-site property manager Deeded Atlantic beach access All SIRS and Milestone structural inspections are complete. All assessments are paid in full by the seller at closing. Buyers assume zero open financial exposure. Documentation available upon request. HOA is $2,247.99 per month and covers cable TV, water, sewer, building insurance, security, pest control, elevator maintenance, recreation facilities, common areas, and trash. No separate utility bills for water, sewer, or cable. THE LOCATION 2773 S Ocean Boulevard sits directly across from the Four Seasons Resort Palm Beach — one of the most recognized luxury hospitality addresses in the world. The oceanfront Par 3 Golf Course is steps away. Worth Avenue — Palm Beach's iconic luxury retail and dining corridor — is minutes south. Eau Palm Beach and Lake Worth Beach are within easy reach. The property sits on A1A on the Intracoastal side of the barrier island, offering water views without the direct ocean exposure that drives insurance costs higher in comparable oceanfront buildings. For buyers evaluating Palm Beach against other coastal Florida markets: the combination of location, building transformation, financial clarity, and price per square foot at this address is difficult to replicate at this price point on the island today. THE TERMS Offered at $1,200,000. Cash or conventional financing. 1031 exchange considered. Buyer approval required — application fee $150. 24-hour notice required for showings. Listing agent to accompany. Vacant — easy to show. Submit all offers on FAR/BAR AS IS contract with proof of funds or pre-approval.