908 N Atlantic Drive, Lantana, FL 33462 — MLS photo

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908 N Atlantic Drive, Lantana, FL 33462

Active · SingleFamilyResidence

$10,495,000

908 N Atlantic Drive, Lantana, FL 33462

Beds
5
Baths
7
Living area
5,438 sq ft
$ / sq ft
$1,930/sq ft
Year built
2026
Lot size
12,513 sq ft
HOA fee
—
Annual tax
$41,772

About this property

Introducing a brand-new waterfront residence on Hypoluxo Island. This recently completed estate was built by Varga Homes and thoughtfully designed by Ava Gray Interiors. This five-bedroom, seven-bathroom coastal estate is designed for effortless luxury living, the home also features a highly desirable first-floor primary suite, offering privacy, convenience, and serene water views. The spacious retreat includes dual walk-in closets and a spa-inspired bath with elevated designer finishes. The open-concept living areas are flooded with natural light, with expansive glass doors that seamlessly connect the great room and chef's kitchen to the covered outdoor living space. The kitchen features custom cabinetry, premium appliances, and a statement island ideal for entertaining. Upstairs, four additional en-suite bedrooms provide comfort and flexibility for family and guests. Outdoor living is equally impressive, with a resort-style pool, covered loggia, and a brand-new private dock offering direct water access -- perfect for boating enthusiasts and enjoying the South Florida lifestyle. Ideally located just minutes from Palm Beach and Delray Beach, and close to the renowned Eau Palm Beach Hotel & Spa, this property offers the rare opportunity to own a new construction waterfront home on sought-after Hypoluxo Island. A refined island retreat blending luxury, comfort, and premier boating access.

Property location

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908 N Atlantic Drive, Lantana, FL 33462

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Facts & features

Interior

Bedrooms
5
Bathrooms
7
Living area
5,438 sq ft
Flooring
Concrete, Hardwood, Marble, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric, Zoned
Heating
Central, Electric, Zoned
Interior features
Bedroom On Main Level, Breakfast Area, Bathtub, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Shower Only, Walk In Closets, Loft, Pantry
Furnished
Negotiable

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Stories
2
Lot size
12,513 sq ft
Architectural style
Contemporary Modern, Two Story
Roof
Aluminum, Metal
Construction
CBSConcrete Block Structure, Block, Stone, Stucco
Exterior features
Balcony, Outdoor Grill, Patio
Pool
Pool
Spa
Gunite, In Ground
Waterfront
Intracoastal Access, Ocean Access
View
Intercoastal, Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, On Street, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Amenities
Boat Dock, Pool
Security
Smoke Detectors
Pets allowed
No
Annual tax
$41,772
Subdivision
LAKE SHORES LANTANA
County
Palm Beach
Days on market
145
MLS listing ID
B26035004
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$24,570

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-10.0%
Gross yield
4.4%
Mortgage payment
$49,752/mo
Down payment
$2,623,750
Loan amount
$7,871,250
Annual NOI
$302,183

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.