218 Phipps Plaza, Palm Beach, FL 33480

$9,981,500
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 4,744 Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $9,981,500 List Date: 11/19/2021 Last Modified: 1/15/2026

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.

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!

More Information MLS# R10759975

Contract Information

Comp Sale YN: No Listing Contract 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 City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Special Assessment YN: No Street Number: 218 Street Name: Phipps Plaza State Or Province: FL Postal Code: 33480 Subdivision Name: PLAZA PL Area: 5002 Parcel Number: 50434322090000031 Zoning: R-B(ci Directions: OKKECHOBEE EAST TO COUNTY ROAD NORTH THEN MAKE LEFT ONTO PHIPPS PLAZA

General Property Information

Living Area Main: 3782 Lot Size Dimensions: IRREGULAR Gated Community YN: No Lot Size Area: 9228 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: No 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 Year Built: 1948 Lot Size Acres: 0.21 Direction Faces: East

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

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash 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

Amenities

None: 1

Entry Information

Entry Location: Entry Level Living Area Y

Exterior Features

Custom Lighting: 1

Flooring

Carpet: 1 Marble: 1 Wood: 1

Parking Features

Open: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Fencing

Fenced: 1

Other Structures

Cabana: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Sewer Available: 1 Water Available: 1

View

Garden: 1

Heating

Central: 1

Sprinkler Description

Zoned Sprinkler: 1

Unit Description

Studio: 1

Water Access

None: 1

Window Features

Skylight(s): 1

Appliances

Disposal: 1 Dryer: 1 Electric Range: 1 Ice Maker: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Construction Materials

Brick: 1 CBS: 1 Stucco: 1

Interior Features

Bar: 1 Bedroom Layout - Split: 1 Built-in Features: 1 Cathedral Ceiling(s): 1 Entrance Foyer: 1 French Doors: 1 Storage: 1 Upstairs Living Area: 1 Vaulted Ceiling(s): 1 Wet Bar: 1

Laundry Features

Inside: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

Heated: 1 In Ground: 1

Security Features

Smoke Detector(s): 1

Water Heater Details

Electric Water Heater: 1

Architectural Style

Mediterranean: 1

Cooling

Central Air: 1

Association Type

Homeowner Association: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1 Occupied: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 3 Main Level Bedrooms: 3

Master Bedroom/Bath

2 Master Baths: 1 Combo Tub/Shower: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete

Tax Information

City/County: 1

Occupant Details

Owner Occupied: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Deck: 1 Patio: 1

Balcony Details

Balcony - Covered: 1

Patio Details

Patio - Open: 1

Contingencies

Inspection: 1

Room Types

Bedroom 2: 1 Convertible Bedroom: 1 Den: 1 Dining Room: 1 Family Room: 1 Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 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

Acreage Description

Less Than 1/4 Acre Lot: 1

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; See Remarks Occupant Details: Owner 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

Room Information

Bedroom 2 Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Den Length: 18.00 Length: 18.00 Width: 13.00 Width: 13.00 Dining Room Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Family Room Length: 11.00 Length: 11.00 Width: 17.00 Width: 17.00 Kitchen Length: 10.00 Length: 10.00 Width: 11.00 Width: 11.00 Level: Main Living Room Length: 27.00 Length: 27.00 Width: 16.00 Width: 16.00 Level: Main Master Bedroom Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Level: Second Convertible Bedroom Laundry
Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 15 - 2026
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