$9,981,500
Palm Beach, FL 33480
MLS# R10759975
Status: Closed
3 beds | 4 baths | 4744 sqft
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Property Description
Architecturally significant, renovated landmarked property in historic, extremely desirable, Phipps Plaza. The house was originally designed by Belford Schoumate-who came to south Florida in the 1930's and designed and/ or renovated more than 1500 buildings-he actually lived and had his office in Phipps Plaza. The property was redesigned by Jeff Smith Architectural Firm-all new systems to include plumbing, electrical, A/C, new roof, all impact windows and doors- updated in 2014. Full of charm and in pristine condition-Gourmet kitchen-top of the line appliances, exceptional finishes-2 master suites- Waterworks fixtures and Herpel Tile in the bathrooms-4 fireplaces, balconies and a large patio overlooking the pool and screened in cabana.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2021-11-18
Status: Closed
Original List Price: 15000000
Sold Price: $9,981,500
Current Price: $9,981,500
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 218
Street Name: Phipps Plaza
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: PLAZA PL
Area: 5002
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434322090000031
Zoning: R-B(ci
Directions: OKKECHOBEE EAST TO COUNTY ROAD NORTH THEN MAKE LEFT ONTO PHIPPS PLAZA
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: 1
Building Area Main: 4744
Building Area Source: Public Records
Living Area Main: 3782
Year Built: 1948
Gated Community YN: No
Lot Size Area: 9228
Lot Size Acres: 0.21
Lot Size Dimensions: IRREGULAR
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: East
Fireplace YN: Yes
Pool Private YN: No
Furnished: Unfurnished
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 31625.3
Tax Year: 2021
Tax Legal Description: PLAZA PLAT LT 3 (LESS S 3 FT OF W 12.3 FT OF E 70 FT), LT 3A & 10 FT PRIV RD LYG W OF & ADJ TO
Status Change Information
Major Change Timestamp: 2022-03-24T20:29:53Z
Major Change Type: Status Change
Price Change Timestamp: 2022-01-11T21:21:24Z
Status Change Date: 2022-03-24
Under Contract Date: 2022-02-08
Close Date: 2022-03-24
Close Price: 9981500
Buyer Financing: Cash
Entry Information
Entry Location: Entry Level Living Area Y
Short Sale Details
Short Sale Addendum: No
Main Level Rooms
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Storm Protection
Impact Glass: Complete
Room Types
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Second
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 2639.21
Original List Price To Close Price: 1.5
Originating Details
Originating System Key: 20211116214808722014000000
Originating System ID: M00000170
Property Features
Exterior Features: Custom Lighting
Flooring: Carpet; Marble; Wood
Parking Features: Open
Property Condition: Resale
Appliances: Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater
Water Heater Details: Electric Water Heater
Architectural Style: Mediterranean
Construction Materials: Brick; CBS; Stucco
Cooling: Central Air
Association Type: Homeowner Association
Fencing: Fenced
Heating: Central
Interior Features: Bar; Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); Entrance Foyer; French Doors; Storage; Upstairs Living Area; Vaulted Ceiling(s); Wet Bar
Laundry Features: Inside
Listing Terms: Cash; Conventional
Other Structures: Cabana
Pets Allowed YN: Yes
Pool Features: Heated; In Ground
Possession: Close Of Escrow
Restrictions: No Restrictions
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Sprinkler Description: Zoned Sprinkler
Tax Information: City/County
Unit Description: Studio
Utilities: Sewer Available; Water Available
View: Garden
Water Access: None
Window Features: Skylight(s)
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Occupied
Outdoor Living Spaces: Balcony; Deck; Patio
Balcony Details: Balcony - Covered
Patio Details: Patio - Open
Contingencies: Inspection
Room Types: Bedroom 2; Convertible Bedroom; Den; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description: Less Than 1/4 Acre Lot
Supplements
Mario Navarro, a prominent Palm Beach landscape architect, designed the outdoor space. Conveniently located in the center of Palm Beach, near Worth Avenue, The Breakers and the Lake Trail-on a private, quiet cul- de- sac. A true GEM!
Room Information
| Room Name | Length | Width | Level |
| Bedroom 2 | 16.00 | 16.00 | |
| Den | 18.00 | 13.00 | |
| Dining Room | 16.00 | 16.00 | |
| Family Room | 11.00 | 17.00 | |
| Kitchen | 10.00 | 11.00 | Main |
| Living Room | 27.00 | 16.00 | Main |
| Master Bedroom | 16.00 | 16.00 | Second |
| Convertible Bedroom | |||
| Laundry |
Floor Plan PDF 
Listing Office: Sotheby's Intl. Realty, Inc.
Last Updated: July - 02 - 2026
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