Compound features a private oceanfront beach cabana, rare basement entertainment level and separate guest house
PALM BEACH, Fla., Sept. 14, 2026 /PRNewswire-PRWeb/ -- A recently completed estate on Palm Beach's famed Billionaires Row has hit the market for $74.9 million, offering a sprawling residential compound with sweeping Atlantic Ocean views, a private oceanfront beach cabana (one of only five on Billionaire's Row), and a rare basement entertainment level. The property is listed by Margit Brandt of Premier Estate Properties.
Located at 1540 S. Ocean Blvd., near Mar-a-Lago, the nearly one-acre property was designed by Dailey Janssen Architects as a contemporary interpretation of Bermuda-style architecture. The estate spans approximately 17,368 +/- square feet across a main residence and separate guest house, with landscaped grounds and extensive indoor-outdoor living spaces.
Among the property's most distinctive features is its private oceanfront beach cabana, accessed via a private tunnel, located directly on the sand and offering approximately 112.5 feet of beachfront. Approved plans call for the addition of a plunge pool, creating a private retreat along one of Palm Beach's most coveted stretches of coastline.
The main residence is positioned more than 20 feet above sea level, allowing for expansive Atlantic views from several of its primary living spaces. The ocean-facing family room opens the home toward the water, while the primary suite features French doors leading to a private oceanfront terrace. The suite also includes dual bathrooms, walk-in closets and a morning bar all with their own unique ocean view.
The main residence includes four bedroom suites, a formal sitting room, dining room and chef's kitchen with two oversized islands and premium appliances.
A rare basement level adds another dimension to the property, with a private theater, wine cellar and dedicated wine tasting bar. The lower level also includes additional leisure, fitness, and wellness spaces.
The estate's separate guest house functions as a self-contained residence with four additional bedroom suites, a great room opening to a covered loggia, private terrace, exercise room and four-car garage. The main residence includes an additional two-car garage.
At the center of the compound, a landscaped courtyard features a swimming pool, spa and summer kitchen, creating a private outdoor entertaining space between the main residence and guest accommodations.
The home also incorporates a Control4 smart home system with integrated automation as well as a reinforced safe room within the basement featuring a ballistic door and steel-plated walls.
Situated along South Ocean Boulevard, the property offers proximity to Worth Avenue, Palm Beach International Airport and the restaurants, shopping and cultural attractions of Palm Beach.
About Margit Brandt
Margit Brandt has consistently been one of the top real estate advisors in Palm Beach and Manalapan since 2021, recently being ranked in September 2026 by realtor performance website Agent Arena as the #2 agent in both Palm Beach County and in Florida state-wide. According to Real Trends and as advertised in The Wall Street Journal, she is also one of the Top 20 agents in America. The Real Deal named her one of the year's Top 100 Real Estate Titans. Specializing in Palm Beach's most coveted waterfront and estate properties and with an average listing price today exceeding $50M, she has represented over $1.35 Billion in luxury real estate transactions in Palm Beach since 2025 and over $2B in sales since 2021. Known both locally and nationally as an industry pioneer, Brandt is trusted by discerning buyers, sellers, developers, investors, and family offices seeking exceptional representation in one of the world's most exclusive markets. For more information, visit www.margitbrandtpalmbeach.com or call 561-655-5579.
About Premier Estate Properties
Established in 1993, Premier Estate Properties is Florida's only boutique luxury real estate brokerage Presenting Properties Exclusively In Excess Of One Million Dollars. Featuring the largest collection of Southeast Florida luxury real estate, Premier Estate Properties specialize in Oceanfront, Intracoastal, Deepwater, and Country Club Estates, and ultra-luxury Condominiums. Premier Estate Properties prides itself on working with only top-tier agents, most of whom are ranked in the top 1% nationally.
The firm achieves extraordinary results in selling the most prominent and expensive properties surrounding the Fort Lauderdale, Boca Raton, Delray Beach, Palm Beach and Vero Beach markets. Premier Estate Properties have closed upwards of $22 billion in sales and continue to build on their exceptional agent and company rankings. The company is the highest-ranking real estate firm in the Mega1000 United States Ranking of Top Companies according to the T360 Real Estate Almanac and most of their agents have been recognized nationally as Top Real Estate Professionals according to Real Trends and The Wall Street Journal. For more information, visit www.premierestateproperties.com.
Media Contact
Amy Rossetti, R[AR]E Public Relations, 1 3107796025, [email protected], R[AR]E Public Relations
SOURCE Premier Estate Properties
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