359 E Ocean Avenue, Lantana FL 33462, LANTANA, FL, 33462
Active61 days on marketListed Jun 12, 2026MLS #B26040181
About this home
359 E Ocean Avenue, Lantana FL 33462
Welcome to one of the best waterfront values in Palm Beach County steps to the beach. Located on the sought-after barrier island community of Hypoluxo Island, this waterfront home offers a rare opportunity to enjoy the South Florida coastal lifestyle at an exceptional price point. Just steps from the beach and overlooking the protected waters of the Lantana Nature Preserve, this is currently the only waterfront single-family home available on a barrier island in Palm Beach County for under $3 million. Recently updated and move-in ready, the home features a beautifully renovated kitchen, updated finishes, soaring vaulted ceilings, marble flooring, and bright open living spaces designed for relaxed coastal living. The spacious primary suite enjoys tranquil water views, while the open floor plan seamlessly connects indoor and outdoor entertaining areas. Outdoor living is where this home truly shines. Relax beside the saltwater pool, enjoy the waterfront setting, or step onto your private dock with a 10,000-pound boat lift and easy access to the Intracoastal Waterway and Atlantic Ocean. Whether you're heading out by boat, taking a short walk to the beach, or enjoying dinner at one of the area's nearby waterfront restaurants, the lifestyle here is effortless. This gated island retreat captures everything buyers love about South Florida living—waterfront views, beach access, boating, privacy, and exceptional value. Whether you're searching for a full-time residence, seasonal getaway, or waterfront investment, opportunities like this are increasingly hard to find. Come discover why so many buyers are finding their way to Hypoluxo Island—one of South Florida's best-kept coastal secrets and home to some of the best waterfront values remaining in Palm Beach County.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,122
Sqft
0.32 ac
Lot size
2
Garage
1989
Year built
2
Levels
$1,411
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$18,298 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$18,298/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lantana actives
$1,411 vs $315
Days on market
61 vs 91 typical
Where $1,411/sqft sits among the 85 Lantana actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Hypoluxo Island
Get to know Lantana. See the full Lantana guide →
Hypoluxo Island — neighborhood snapshot
Population
611
Median age
71
Median income
$65,250
Median home value
$2,000,000
Avg household
2
Households w/ children
32%
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lantana market
$450K → $420K
Lantana median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
9 of 85
Lantana actives have cut their price
This home is listed 1202% above the LANTANA 33462 median. See the full Lantana market guide →
Paper trail
This home's history
Reality check
What actually sold near 359 E Ocean Avenue
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$2,000,000
359 E Ocean Avenue, Lantana FL 33462 · same community
3 bd · 3 ba · 2,122 sqft · $943/sqft · 49 DOM
Sold · Jun ’26$599,000
1317 S Broadway, Lantana FL 33462
4 bd · 3 ba · 2,110 sqft · $284/sqft · 72 DOM
Sold · Jun ’26$305,000
115 Ocean Cay Way, Hypoluxo FL 33462
3 bd · 2.5 ba · 2,089 sqft · $146/sqft · 214 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 359 E Ocean Avenue — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 359 E Ocean Avenue — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
359 E Ocean Avenue FAQs
What would the monthly payment be for 359 E Ocean Avenue, Lantana FL 33462?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $18,298/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 359 E Ocean Avenue, Lantana FL 33462?+
The most recent tax bill on record (2025) was $10,249. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 359 E Ocean Avenue, Lantana FL 33462?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lantana?+
At $2,995,000, this home is listed about 822% above the Lantana median of $325,000. The market section on this page shows how the area is trending.
Which schools are assigned to 359 E Ocean Avenue, Lantana FL 33462?+
Lantana Elementary School (elementary), Lantana Middle School (middle), Lake Worth High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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