4517 Ocean Boulevard, Highland Beach, FL 33487

$5,395,000 — Active

Property Features

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Rare opportunity to own a 3-level beachfront townhome with low HOA fees. One of only three units, 4517 is centrally located with direct oceanfront views from every level. The living room opens to a patio, yard, and the beach just 50 steps away. Two primary suites feature large closets, private baths, and oceanfront balconies. A third bedroom includes a private bath and sitting room. The fourth bedroom is a guest house with a full bath and walk-in closetβ€”perfect as a cabana or gym. Enjoy a private courtyard, pool, 2-car garage, and gated entry. Move-in ready or update to your taste. No rental restrictions, great income potential! New Balconies and Pavers to be completed! This is a rare opportunity to own a stunning three-level townhome directly on the sand, offering the ultimate beachfront living experience with low HOA fees. One of only three units, 4517 is perfectly positioned in the middle, providing breathtaking direct oceanfront views from every level. The spacious living room opens to a private patio and yard, with the beach just 50 steps away. Two luxurious master suites feature large closets, private bathrooms, and oceanfront balconies, while a third bedroom offers its own private bath and sitting room. A separate guest house serves as the fourth bedroom, complete with a full bath and a large walk-in closet ideal as a cabana, gym, or private retreat. Additional highlights include a private courtyard and pool, a two-car attached garage, and a secure gated entrance. The home is move-in ready and tastefully furnished, or bring your contractor to customize it to your taste. With no rental restrictions, this property offers tremendous rental potential for non-primary users. HOA fees cover exterior water, liability insurance, and groundskeeping, making this an effortless and lucrative investment. Don't miss out on this beachfront gem!

Property Details

  • Listing ID: R11163038
  • Status: Active
  • Listing Date: 2026-02-12
  • Property Type: Townhouse
  • Subdivision: Terra Mar
  • County: Palm Beach
  • MLS Area: 4150
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Living Area Sq Ft: 3,667
  • Lot Dimensions: 20.0 ft x 150.0 ft
  • Year Built: 1990

Financial

  • List Price: $5,395,000
  • HOA Fee: $667/mo
  • Taxes: $48,919/yr

Features & Amenities

  • Pets Allowed: Yes, Breed Restrictions
  • Parking: Garage
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Other
  • Construction: CBS
  • Interior Features: Elevator, Walk-In Closet(s)
  • Exterior Features: Balcony
  • Community Amenities: None

Courtesy of Serhant

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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.