242 Everglade Avenue, Palm Beach, FL 33480

$7,500,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,186 Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $7,500,000 List Date: 1/25/2022 Last Modified: 3/13/2026

Description

Dramatic double mahogany doors open into this exquisite 3,660-sq.-ft., classic Palm Beach-style townhouse on an oversized lot, with soaring 14-ft. ceilings, five bedrooms, five-and-a-half baths and a lushly landscaped private pool. This renowned Euro Homes-built residence completed in 1998 features an elevator, marble floors, crown moldings, and custom windows on both levels. This rarely-available property on one of the most coveted streets on Palm Beach Island is down the street from The Breakers and Royal Poinciana Way, and one block from the beach. As the adjoining townhome is also for sale, there is a once-in-a-lifetime opportunity to combine the two, for the first time in history, into a magnificent 7,000-plus-sq.-ft. mansion with a four-car garage, for an unrivaled in-town residence.

Supplements: Those fortunate enough to pass through the arched mahogany doors will find an entry boasting a beautiful foyer with a graceful marble staircase lined with wrought-iron and wooden railings leading up to the second level, which can also be accessed by the private elevator. Upstairs there is a spacious master suite with dual bathrooms, as well as dual walk-in closets, in addition to three other bedrooms. A spacious gourmet chef's kitchen with beautifully-made custom cabinetry is adjacent to a breakfast nook/casual dining area. In addition there is a proper formal dining room and a living room featuring an opulent cast-stone fireplace. The living room has sliding doors leading out to an inviting pool area with an outdoor kitchen, which is perfectly situated due to its highly desirable southern exposure. The two-car garage has been equipped with an entire wall of custom cabinetry for additional storage. This garage was most recently used as a second home office, but can easily be utilized for two vehicles or as the perfect space for a private home gym/fitness center. The property has had only one owner, who originally commissioned it 23 years ago and maintained it in meticulous condition, while updating systems and appliances and similar items as necessary. The elegant layout, classical elements and architectural details, spacious rooms and lofty ceiling height all speak to Palm Beach's position as America's premier resort community for affluent society, tastemakers, and the international jet set. The central air conditioning assures constant comfort. It is the perfect pied-à-terre for those interested in partaking in all that the area has to offer, from yachting to polo, championship golf, and unparalleled luxury retail and hospitality, all located within a short distance from the property. Also nearby are Bradley Park, the bicycle trail, the acclaimed Meat Market steakhouse, Temple Emanu-El, and the Palm Beach Yacht Club directly across Flagler Memorial Bridge. The neighborhood is one of the most prestigious in Palm Beach, and certainly the most desirable for those seeking the unparalleled convenience of an in-town residence. Among the most important places that are a mere few blocks' walk from the front door are Greene's Pharmacy, a c.1938 luncheonette and gathering place for Palm Beach's most prominent residents; The Royal Ponciana Plaza, an incomparably luxury retail destination where "style, energy and spirit collide," designed for "indulgence, inspiration and retreat," where one can buy everything from a loaf of freshly-baked rye bread to an Hèrmes Birkin bag; and the famed Biltmore and Breakers hotels, icons of Palm Beach style and elegancethe latter offering membership at The Breakers Ocean Club, where you can choose to avail yourself of the pools, spa, beach club, tennis courts and 36 holes of championship golf, as well as some of the best restaurants in the Southeastern United States and the gorgeous HMF bar / lounge. Regarding the unprecedented opportunity to combine 242 and 246 Everglade Avenue, also designed in the Mediterranean Revival style, into one truly unparalleled residence, the complementary architecture and current layout offer the ability to create a very desirable and spacious estate without having to completely redesign the entire structure. The seller has two proposed blueprints that show how this concept could be executed and its maximum potential realized. The combined residence would have nine bedrooms and ten-and-a-half bathrooms with two private elevators and a four-car garage, on over 1/4-acre of the most sought-after Palm Beach real estate. The existing driveways could be redesigned into a single circular driveway, while substantial privacy hedges could be installed along the front of the property, as well as a grand gated entry, setting it apart from neighboring residences. There are many other options which could allow you to finally design your dream home directly in the heart of Palm Beach by combining the two properties, which has never been done before in the history of the town. Both townhomes, which are housed in a standalone structure, were constructed by Euro Homes. For over 30 years Euro Homes has been recognized as Palm Beach's premier custom home builders, and 242-246 Everglade Avenue is one of the best examples of their Old World, artisan craftsmanship and attention to detail. Euro Homes only builds estate homes in the town of Palm Beach and thus retains an exclusivity matched only by its reputation for excellence. Founder and President Zack Ciomek "takes great pride in the knowledge that every project's plan remains true to the heritage of Palm Beach architecture by delivering and creating homes of unparalleled excellence in design and construction techniques," as the company puts it. Please contact Samantha Curry at Douglas Elliman directly for more details.

More Information MLS# R10762632

Contract Information

Comp Sale YN: No Listing Contract Date: 2021-12-03 Status: Closed Original List Price: 8250000 Sold Price: $7,500,000 Current Price: $7,500,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Development Name: OCEAN PARK ROBBINS Geographic Area: PB30 Multiple Offers Accepted: Yes Special Assessment YN: No Street Number: 242 Street Name: Everglade Street Suffix: Avenue State Or Province: FL Postal Code: 33480 Subdivision Name: OCEAN PARK ROBBINS Area: 5002 Parcel Number: 50434314100050111 Zoning: R-C(ci Directions: North bridge, turn left on Bradley, right on Everglade

General Property Information

Living Area Main: 3660 Gated Community YN: No Lot Size Area: 6098 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Property Sub Type: Townhouse Bedrooms Total: 5 Bathrooms Total: 6 Bathrooms Full: 5 Bathrooms Half: 1 Building Area Main: 4186 Building Area Source: Public Records Year Built: 1998 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Lot Size Acres: 0.14 Direction Faces: North

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 28933.4 Tax Year: 2021 Tax Legal Description: OCEAN PARK, H W ROBBINS ADD LT 11 (LESS E 23 FT) & E 23.5 FT OF LT 12 BLK 5

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2022-03-31T13:46:05Z Major Change Type: Status Change Status Change Date: 2022-03-31 Under Contract Date: 2022-02-01 Close Date: 2022-03-30 Close Price: 7500000

Amenities

None: 1

Dining Area

Breakfast Area: 1 Formal Dining: 1

Electric

Three Phase: 1

Exterior Features

Custom Lighting: 1 Pool Bathroom: 1

Flooring

Marble: 1

Parking Features

Garage Door Opener: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Fencing

Fenced: 1

Structure Type

Townhouse: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

View

Garden: 1 Pool: 1

Heating

Central: 1 Zoned: 1

Sprinkler Description

Auto Sprinkler: 1 Zoned Sprinkler: 1

Unit Description

Corner/End Unit: 1

Water Access

None: 1

Window Features

Drapes: 1 Plantation Shutters: 1 Skylight(s): 1

Appliances

Dryer: 1 Electric Range: 1 Free-Standing Freezer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Construction Materials

CBS: 1 Concrete: 1

Interior Features

Built-in Features: 1 Central Vacuum: 1 Elevator: 1 Entrance Foyer: 1 High Ceilings: 1 Roman Tub: 1 Storage: 1 Upstairs Living Area: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1 Laundry Closet: 1 Laundry Tub: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Sidewalks: 1

Pool Features

Gunite: 1 Heated: 1 In Ground: 1 Pool Bath: 1

Roof

Barrel: 1

Security Features

Fire Alarm: 1 Security System: 1 Security System Owned: 1 Smoke Detector(s): 1

Water Source

Public: 1

Water Heater Details

Gas Water Heater: 1

Architectural Style

Mediterranean: 1

Capital Contributions

Capital Contributions YN: No

Cooling

Central Air: 1 Electric: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1

Main Level Rooms

Main Level Bathrooms: 1 Main Level Bedrooms: 1

Master Bedroom/Bath

2 Master Baths: 1 Bidet: 1 Dual Sinks: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1 Whirlpool Tub: 1

Membership

No Membership Available: 1

Pets Allowed YN

Yes: 1

Restrictions

Lease OK: 1

Storm Protection

Electric/Power Shutters: Partial Impact Glass: Partial

Storm Protection Details

Storm Shutters: 1

Tax Information

City/County: 1 Homestead Exemption: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Patio: 1

Patio Details

Patio - Covered: 1 Patio - Open: 1

Contingencies

None: 1

Room Types

Attic: 1 Bedroom 2: 1 Bedroom 2 Level: First Bedroom 3: 1 Bedroom 3 Level: Second Bedroom 4: 1 Bedroom 4 Level: Second Den: 1 Den Level: First Dining Room: 1 Dining Room Level: First Family Room: 1 Kitchen: 1 Kitchen Level: First Laundry: 1 Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: Second

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 2049.18 Original List Price To Close Price: 1.1

Acreage Description

Less Than 1/4 Acre Lot: 1

Originating Details

Originating System Key: 20211124143903414678000000 Originating System ID: M00000170

Property Features

Dining Area: Breakfast Area; Formal Dining Electric: Three Phase Exterior Features: Custom Lighting; Pool Bathroom Flooring: Marble Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dryer; Electric Range; Free-Standing Freezer; Microwave; Oven; Refrigerator; Washer; Water Heater Water Heater Details: Gas Water Heater Architectural Style: Mediterranean Construction Materials: CBS; Concrete Cooling: Central Air Fencing: Fenced Heating: Central; Zoned Interior Features: Built-in Features; Central Vacuum; Elevator; Entrance Foyer; High Ceilings; Roman Tub; Storage; Upstairs Living Area; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub Listing Terms: Cash; Conventional Lot Features: Sidewalks Membership: No Membership Available Pets Allowed YN: Yes Pool Features: Gunite; Heated; In Ground; Pool Bath Possession: Close Of Escrow Restrictions: Lease OK Roof: Barrel Security Features: Fire Alarm; Security System; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Storm Protection Details: Storm Shutters Structure Type: Townhouse Tax Information: City/County; Homestead Exemption Unit Description: Corner/End Unit Utilities: Cable Available; Sewer Available; Water Available View: Garden; Pool Water Access: None Water Source: Public Window Features: Drapes; Plantation Shutters; Skylight(s) Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Open Contingencies: None Room Types: Attic; Bedroom 2; Bedroom 3; Bedroom 4; Den; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Room Information

Living Room Length: 22.00 Length: 22.00 Width: 18.00 Width: 18.00 Level: First Dining Room Length: 13.00 Length: 13.00 Width: 12.00 Width: 12.00 Level: First Kitchen Length: 16.00 Length: 16.00 Width: 15.00 Width: 15.00 Level: First Master Bedroom Length: 16.00 Length: 16.00 Width: 23.00 Width: 23.00 Level: Second Bedroom 2 Length: 14.00 Length: 14.00 Width: 19.00 Width: 19.00 Level: First Bedroom 3 Length: 14.00 Length: 14.00 Width: 18.00 Width: 18.00 Level: Second Bedroom 4 Length: 14.00 Length: 14.00 Width: 13.00 Width: 13.00 Level: Second Den Length: 13.00 Length: 13.00 Width: 15.00 Width: 15.00 Level: First Attic Family Room Laundry
Listing Office: Douglas Elliman
IDX
Last Updated: March - 13 - 2026
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