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123 Ocean — Oceanfront Living in Palm Beach Shores

Quiet Oceanfront Living, Elevated by Design.
Location -
123 S Ocean Avenue, Palm Beach Shores, FL 33404
Developer -
Lionbright Development
$1,700,000
From
2027
Anticipated delivery
27
Total units
6
Floors
1 - 3
Bedroom layouts
1,581 - 3,101
Sq.ft. Living spaces

Executive Overview

123 Ocean is a boutique collection of just 27 oceanfront residences located directly on the sand in Palm Beach Shores, Florida. Designed by Arquitectonica and developed by Lionbright, the project offers a rare combination of low-density living and direct beach access—an increasingly limited product along South Florida’s coastline.

Residences range from one to three bedrooms, with expansive terraces, private elevator entries, and seamless indoor–outdoor layouts. What differentiates 123 Ocean is not scale—but intentionality: a quiet, design-driven alternative to high-rise luxury towers.  

This property is ideal for buyers seeking privacy, second-home ownership, or long-term coastal preservation in a market where true boutique oceanfront inventory is structurally constrained.

With pricing starting from approximately $1.7M and reaching over $6.3M, the opportunity sits within a segment defined by scarcity rather than volume.  

Key Property Highlights

Property

  • 27 boutique oceanfront residences
  • 1–3 bedrooms + den configurations
  • 1,581 – 3,575 SF total area
  • Condominium (new development)
  • Status: Pre-construction / New development

Location

  • Palm Beach Shores, Singer Island area
  • Direct oceanfront + select bay views
  • Private beach access
  • Low-density coastal enclave

Distinct Features

  • Architecture: Arquitectonica
  • Developer: Lionbright Development
  • Interiors: Asthetique
  • Direct elevator vestibules (private entry)
  • Expansive terraces with summer kitchens
  • Gaggenau kitchen appliances
  • Wellness-focused amenities (spa, sauna, ice bath)  

Scarcity Metric: Only 27 total residences in a direct oceanfront building (significantly below typical South Florida inventory scale)

Living Experience

Living at 123 Ocean is defined by rhythm—morning light over the Atlantic, quiet afternoons framed by curved terraces, and evenings designed for private hosting.

The layouts prioritize flow: open-plan living areas extend seamlessly onto expansive terraces, where outdoor kitchens transform everyday dining into an experience. Floor-to-ceiling glass dissolves the boundary between interior calm and ocean movement.  

Primary suites feel like private retreats—soft light, spa-like bathrooms, and carefully curated materials create a sense of understated luxury.

This is not high-energy Miami beachfront living.

This is controlled, quiet, and intentional—designed for owners who value privacy over visibility.

Unique Value Proposition

  • Only 27 residences in a direct oceanfront building (ultra-low density)
  • Direct private beach access — not across the street or shared corridors
  • Boutique 6-story scale vs high-rise towers
  • Private elevator vestibules in most residences
  • Expansive terraces with built-in summer kitchens
  • Architecturally driven design (Arquitectonica) with coastal curvature
  • Limited new construction supply in Palm Beach Shores

Key Insight: This is not competing with Miami high-rises—it competes with private beachfront estates, but at a more accessible scale.

Investment Perspective

  • Limited replication potential: beachfront land in Palm Beach Shores is nearly fully built
  • Structural scarcity: only a handful of boutique oceanfront developments exist
  • Buyer profile: primarily end-users with long hold horizons
  • Supply constraint: zoning + land availability restrict future competition

This is a capital preservation + lifestyle asset, not a speculative high-turnover investment.

Developer Credibility

Lionbright Development

  • Over 50 years of experience along South Florida’s coast
  • Focus on boutique-scale, design-forward developments
  • Emphasis on material quality and long-term value

Arquitectonica (Architect)

  • Globally recognized firm shaping skylines since 1977
  • Known for modern, sculptural coastal architecture

Asthetique (Interiors)

  • Luxury hospitality-driven design approach
  • Focus on cohesive lifestyle environments

Together, the team delivers a product positioned around longevity, not trend-driven luxury.  

Private Access

Private presentation available for qualified buyers.

Detailed floor plans, pricing, and availability (including off-market units) are available upon request.

Direct access to developer inventory and early-stage opportunities can be arranged.

Location Benefits

Palm Beach Shores is one of the few remaining low-density beachfront enclaves in South Florida. It attracts a distinct buyer profile:

  • Discreet high-net-worth individuals
  • Second-home buyers
  • Buyers priced out or fatigued by Palm Beach island inventory

Why buyers choose this location:

  • Quieter than Palm Beach Island
  • Less vertical density than Miami Beach
  • Direct access to both ocean and marina lifestyle

Proximity:

  • Palm Beach International Airport: ~20 minutes
  • Palm Beach Island: ~15 minutes
  • Marinas & waterfront dining: minutes away
  • Golf courses & clubs: 10–20 minutes

The positioning allows global access while preserving a residential, non-touristic feel.  

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