701 S Atlantic Drive, Lantana, FL 33462

$9,500,000
Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 7,985 Status: Closed
Current Price: $9,500,000 List Date: 6/21/2022 Last Modified: 7/02/2026

Overview

Description

Brand new construction on Hypoluxo Island with insane wide Intracoastal views, deep water and direct ocean access with no fixed bridges! Stunning modern contemporary design offering 5 bedrooms, 6.5 baths, plus huge 4 car garage, an expansive saltwater pool and outdoor entertaining area. Enjoy a summer kitchen under the large loggia, waterfall from the poolside cabana and infinity edge spa and sundeck. Beautiful kitchen with entertainment bar, backlit Cristallo countertops, Thermador appliances and walk-in pantry. Floor plan offers private elevator, first and second floor master suite options, two first floor guest suites, spacious formal dining room and bonus/media/optional 6th bedroom along with an additional upper guest suite. Designed by High Tide Waterfront Properties and YRA Design.

Listing Details MLS# R10810273

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
7
Bathrooms Full
6
Bathrooms Half
Yes
Building Area Main
7985
Building Area Source
Plans
Living Area Main
5985
Year Built
2022
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
4
Covered Spaces
4
Gated Community YN
No
Lot Size Area
22128
Lot Size Acres
0.51
Lot Size Dimensions
75 ft x 298 ft
Frontage Length
75
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Pool Private YN
Yes
Spa YN
Yes
Furnished
Unfurnished
Year Roof Installed
2022

Property Features

Dining Area: Family/Dining Combination; Formal Dining; Snack Bar/Counter Electric: Three Phase Exterior Features: Built-in Barbecue; Outdoor Shower; Summer Kitchen Flooring: Ceramic Tile; Wood Parking Features: Garage Door Opener; Open; Attached Garage; Garage Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Gas Water Heater Architectural Style: Colonial Boat and Dock Features: Electric Available; Lift; Private Dock; Water Available Construction Materials: CBS; Concrete Cooling: Ceiling Fan(s); Central Air Fencing: Fenced Heating: Central; Electric Interior Features: Bar; Cabana Bath; Custom Mirrors; Elevator; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Pantry; Walk-In Closet(s); Wet Bar Laundry Features: Inside Listing Terms: Cash; Conventional Other Equipment: Air Purifier Other Structures: Cabana Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Equipment Included; Gunite; Heated; In Ground; Pool Sweep; Salt Water Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1; Public Road Road Surface Type: Paved Roof: Concrete; Flat; Tile Security Features: Closed Circuit Camera(s); Security System Owned; Smoke Detector(s) Sewer: Public Sewer Special Information: Flood Zone; Property Survey Available; Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Tax Information: City/County; New Construction Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Pool Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal; Navigable Water; Seawall; No Fixed Bridges Window Features: Single Hung Metal; Other Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Patio; Porch Balcony Details: Balcony - Covered Patio Details: Patio - Covered; Patio - Open Contingencies: Inspection Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Convertible Bedroom; Dining Room; Family Room; Great Room; Kitchen; Laundry; Living Room; Maid/In-Law Quarters; Master Bedroom; Media Room; Other; Utility Room Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
10999999

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
701
Street Direction Prefix
S
Street Name
Atlantic
Street Suffix
Drive
City Name
Lantana
State Or Province
FL
Postal Code
33462
Postal Zip
33462
Subdivision Name
HYPOLUXO ISLAND ADD
Area
4110
Geographic Area
PB11
Elementary School
Lantana
Middle Or Junior School
Lantana Community
High School
Lake Worth
Special Assessment YN
No
Parcel Number
40434503010000530
Zoning
R1A
Directions
Hypoluxo Island S of Barefoot Ln on west side
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Membership
Voluntary
Membership Fee Required YN
No
Tax Annual Amount
46098.7
Tax Year
2021
Tax Legal Description
HYPOLUXO ISLAND ADD LT 53 & LT 54 /LESS S 25 FT/

Status Change Information

Major Change Timestamp
2022-07-25T12:19:01Z
Major Change Type
Status Change
Status Change Date
2022-07-25
Under Contract Date
2022-07-01
Close Date
2022-07-21
Close Price
9500000
Buyer Financing
Cash

More Information

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes

Main Level Rooms

Main Level Bathrooms
5
Main Level Bedrooms
3

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
Yes
Seller Concessions Amount
100000

Contributions

Buyer Contributions
Yes

Room Types

Bedroom 2 Level
Main
Bedroom 3 Level
Main
Bedroom 4 Level
Upper
Dining Room Level
Main
Family Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Upper
Other Level
Main
Utility Room Level
Upper

Price Calculations

Current Price To SqFt
1587.3
Original List Price To Close Price
1.15

Originating Details

Originating System Key
20220610171950145834000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Bedroom 2 15.00 14.00 Main
Bedroom 3 15.00 14.00 Main
Bedroom 4 15.00 13.00 Upper
Dining Room 20.00 16.00 Main
Family Room 23.00 21.00 Main
Kitchen 15.00 14.00 Main
Living Room 20.00 15.00 Main
Master Bedroom 20.00 15.00 Lower
Master Bedroom 21.00 17.00 Upper
Utility Room 9.00 7.00 Main
Utility Room 10.00 5.00 Upper
Other 20.00 19.00 Main
Convertible Bedroom
Great Room
Laundry
Maid/In-Law Quarters
Media Room
IDX
Listing Office: Illustrated Properties LLC (Co
Last Updated: July - 02 - 2026
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