554 Palm Way, Gulf Stream, FL 33483
$8,265,000
Property Type:
Residential
Bedrooms:
7
Baths:
8
Square Footage:
9,601
Lot Size (sq. ft.):
38,333
Status:
Closed
Current Price:
$8,265,000
List Date:
2/06/2014
Last Modified:
1/12/2026
Description
This home located on a point lot in one the most exclusive communities in South Florida offers 411 feet of water frontage. Sited on almost one acre the home enjoys one of a kind setting.
More Information MLS# R10014336
Contract Information
Comp Sale YN: No
Listing Contract Date: 2014-02-02
Status: Closed
Original List Price: 8265000
Sold Price: $8,265,000
Current Price: $8,265,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Gulf Stream
Postal Zip: 33483
Geographic Area: PB05
Special Assessment YN: No
Street Number: 554
Street Name: Palm
Street Suffix: Way
State Or Province: FL
Postal Code: 33483
Subdivision Name: Polo Cove
Area: 4130
Parcel Number: 20434603020000211
Zoning: RES
Directions: A1A north to Lakeview to Polo Dr to Palm Way
General Property Information
Living Area Main: 8011
Lot Size Area: 38160
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Pool Private YN: Yes
Spa YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 7
Bathrooms Total: 8
Bathrooms Full: 6
Bathrooms Half: 2
Building Area Main: 9601
Building Area Source: Plans
Year Built: 1963
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Lot Size Acres: 0.88
Frontage Length: 411
Waterfront YN: 1
Direction Faces: North
Financial Information
Membership Fee Required YN: No
Tax Annual Amount: 76567
Tax Year: 2013
Tax Legal Description: Polo Cove S 50 Ft of Lt 21 & Gulfstream Cove PB42P185 Lt 1 & W 41 Ft of Lt 2
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2014-03-03T17:30:24Z
Major Change Type: Status Change
Status Change Date: 2014-03-03
Under Contract Date: 2014-02-10
Close Date: 2014-02-28
Close Price: 8265000
Amenities
None: 1
Electric
Three Phase: 1
Flooring
Carpet: 1
Parquet: 1
Parking Features
Garage Door Opener: 1
Attached Garage: 1
Garage: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Special Information
Deed Restrictions: 1
Heating
Central: 1
Sprinkler Description
Auto Sprinkler: 1
Water View
Intracoastal: 1
Construction Materials
CBS: 1
Interior Features
Cabana Bath: 1
Closet Cabinetry: 1
Entrance Foyer: 1
Walk-In Closet(s): 1
Listing Terms
Cash: 1
Pool Features
Heated: 1
In Ground: 1
Security Features
Security System: 1
Waterfront Features
Intracoastal: 1
Architectural Style
Traditional: 1
Boat and Dock Information
Dock: Yes
Boat and Dock Features
Private Dock: 1
Cooling
Central Air: 1
Electric: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Master Bedroom/Bath
Master Bdrm - Upstairs: 1
Pets Allowed YN
Yes: 1
Restrictions
Other Restrictions: 1
Storm Protection
Impact Glass: Partial
Tax Information
Homestead Exemption: 1
Outdoor Living Spaces
Deck: 1
Patio: 1
Patio Details
Patio - Covered: 1
Contingencies
Inspection: 1
Room Types
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Upper
Price Calculations
Current Price To SqFt: 1031.7
Original List Price To Close Price: 1
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 20140205202233453691000000
Originating System ID: M00000170
Property Features
Electric: Three Phase
Flooring: Carpet; Parquet
Parking Features: Garage Door Opener; Attached Garage; Garage
Architectural Style: Traditional
Boat and Dock Features: Private Dock
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Cabana Bath; Closet Cabinetry; Entrance Foyer; Walk-In Closet(s)
Listing Terms: Cash
Pets Allowed YN: Yes
Pool Features: Heated; In Ground
Possession: Close Of Escrow
Restrictions: Other Restrictions
Security Features: Security System
Special Information: Deed Restrictions
Sprinkler Description: Auto Sprinkler
Tax Information: Homestead Exemption
Water View: Intracoastal
Waterfront Features: Intracoastal
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Outdoor Living Spaces: Deck; Patio
Patio Details: Patio - Covered
Contingencies: Inspection
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: 1/2 To Less Than 1 Acre Lot
Room Information
Living Room
Length: 30.00
Length: 30.00
Width: 20.00
Width: 20.00
Level: Main
Kitchen
Length: 20.00
Length: 20.00
Width: 20.00
Width: 20.00
Level: Main
Master Bedroom
Length: 22.00
Length: 22.00
Width: 18.00
Width: 18.00
Level: Upper
Listing Office:
The Corcoran Group
Last Updated: January - 12 - 2026
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