Currently, no. The current 535i model has a 3.0 liter, straight six engine that comes with BMW's Twin-power Turbo.
However, it appears that the 1996 - 2003 535i model had a V8 engine, but I am not sure if it was offered in the US.
BMW 535i (E34) engine code 36 6S 1 3535cc is a straight 6 engine.
182 Horsepower, 3.4 L engine
209 cu. 3.4L inline 6!!!!
where the fuse located for power seat on 1992 BMW 535i
The 2008 BMW M3 has a V8 engine.
The 2001 BMW M5 has a V8 engine.
The 2012 BMW M3 has a V8 engine.
The 2013 BMW M5 has a V8 engine.
The 2003 BMW M5 has a V8 engine.
The 2010 BMW M3 has a V8 engine.
The 2014 BMW M6 has a V8 engine.
The 2002 BMW M5 has a V8 engine.