$27,500,000
206 Phipps Plaza
Palm Beach, FL 33480
MLS# B26060028
Status: Closed
7 beds  |  11 baths  |  11786 sqft


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Property Description
Ideally located in historic Phipps Plaza, this architectural jewel—originally conceived by Marion Sims Wyeth and masterfully reimagined by John Volk—has been artfully transformed from its foundation to its roof. The result is a seamless blend of classic Palm Beach character and modern sophistication. Featuring five generous en-suite bedrooms, refined formal and relaxed family living areas, and beautifully landscaped pool gardens, this residence perfectly balances heritage and contemporary comfort. Additional highlights include a three-car garage and nine dedicated street parking spaces—an exceptional rarity in the heart of town. Staging and furnishings by Vesta Home; all furniture available for purchase.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-04
Status: Closed
Original List Price: 34000000
Sold Price: $27,500,000
Current Price: $27,500,000
Negotiable Seller Concessions YN: No
Occupant Type: Vacant
Listing Service: Limited Service
Location and Legal
Country: United States
County Or Parish: Palm Beach
Street Number: 206
Street Name: Phipps Plaza
Municipality Type: Incorporated
Municipal Code: 50
State Or Province: FL
Postal Code: 33480
Postal Code +4: 4241
Subdivision Name: PHIPPS PLAZA
Area: 5002
Geographic Area: PB30
Elementary School: Palm Beach Public
Middle Or Junior School: Conniston Community
High School: Forest Hill
Special Assessment YN: No
Parcel Number: 50434322100000012
Subdivision Number: 10
Zoning: R-C (city)
Flood Zone: AE
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 7
Bathrooms Total: 11
Bathrooms Full: 8
Bathrooms Half: 3
Building Area Main: 11786
Building Area Source: Other
Living Area Main: 9427
Living Area Source: Other
Accessibility Features YN: No
Year Built: 1926
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 3
Covered Spaces: 3
Parking Total: 14
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: South
Fireplace YN: No
Pool Private YN: Yes
Financial Information
Master Association YN: No
Membership Fee Required YN: No
Tax Annual Amount: 129868.63
Tax Year: 2025
Tax Legal Description: PL OF PHIPPS PLAZA W 3.8 FT OF LT A~ LTS B~ C~ D & LT E (LESS W 10 FT~ N 30.33 FT OF W 92.88 FT OF E 96 FT & SLY 56.07 FT OF W 89.48 FT OF E
Status Change Information
Major Change Timestamp: 2026-08-11T20:36:00Z
Major Change Type: Status Change
Status Change Date: 2026-08-11
Under Contract Date: 2026-08-04
Close Date: 2026-08-11
Close Price: 27500000
Buyer Financing: Cash
Leasing Permitted Details
Leasing Permitted YN: Yes
Parking Information
Open Parking Spaces: 11
Main Level Rooms
Main Level Bathrooms: 4
Main Level Bedrooms: 1
Pet Details
Pet Fee YN: No
Storm Protection
Impact Glass: Complete
Room Types
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: Second
Price Calculations
Current Price To SqFt: 3606.66
Originating Details
Originating System Key: 20260730164719505344000000
Originating System ID: M00000170
Property Features
Flooring: Wood
Leasing Permitted Details: Okay To Lease
Parking Features: Assigned; Driveway; Attached Garage; Garage
Property Condition: Resale; Updated/Remodeled
Special Listing Conditions: Standard
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Bar; Pantry; Walk-In Closet(s)
Levels: Two
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Barrel
Sewer: Public Sewer
Structure Type: House
Tax Information: City/County
Utilities: Electricity Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Call Listing Agent; Text Listing Agent
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Contingencies: None
Room Types: Kitchen; Living Room; Master Bedroom
Supplements
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing companies expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.
Room Information
Room Name Length Width Level
Kitchen28.0011.00First
Living Room29.2021.60First
Master Bedroom21.6020.00Second

IDX
Listing Office: Premier Estate Properties, Inc
Source MLS Verified

Last Updated: August - 11 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.


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