Price Reduction
218 Phipps Plaza Palm Beach, FL
$ 12,500,000
Property Attributes
  • MLS#RX-10759975
  • TypeSingle Family
  • CountyPALM BEACH
  • CityPalm Beach
  • Area5002
  • NeighborhoodPlaza Pl
  • Zip33480
  • StyleMediterranean
  • Year Built1948
  • Taxes$ 31625
  • Price$ 12,500,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3782
  • Lot Size9,228 SqFt
Listing Provided Courtesy Of:
Sotheby's Intl. Realty, Inc.
Data Source:
Beaches MLS
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.

Price History
11/19/2021 Listed $15,000,000
1/11/2022 17% - $12,500,000

General Features

Adult 55+ No Hopa
Area 5002
Auction No
Construction Brick, CBS, Stucco
Cooling Central
Exterior Features Cabana, Covered Balcony, Custom Lighting, Deck, Fence, Open Patio, Zoned Sprinkler
Flooring Carpet, Marble, Wood Floor
Full Baths 3
Geo Area PB30
Geo Lat 26.706699
Geo Lon -80.038102
Governing Bodies HOA
HOA None
Half Baths 1
Heating Central
Interior Features Bar, Built-in Shelves, Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Fireplace(s), Foyer, French Door, Sky Light(s), Split Bedroom, Upstairs Living Area, Wet Bar
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
Membership Fee Required No
Number of Garage Spaces 0.00
Parking 2+ Spaces, Driveway, Open
Pets Allowed Y/N Yes
Possession At Closing
Property Type A
Restrict None
Rooms Convertible Bedroom, Den/Office, Laundry-Inside, Storage, Studio Bedroom
Short Sale No
Status Active
Subdivision PLAZA PL
Tax Year 2021
Taxes 31625.30
Terms Considered Cash, Conventional
Type Single Family Detached
Utilities Public Sewer, Water Available
View Garden
Virtual Tour
Waterfront None
Waterfront No
Year Built 1948
Zoning R-B(ci

Interior Features

Equip/Appl Included Disposal, Dryer, Ice Maker, Microwave, Range - Electric, Refrigerator, Smoke Detector, Washer, Water Heater - Elec
Furnished Y/N Unfurnished
Master Bedroom/Bath 2 Master Baths, Combo Tub/Shower, Mstr Bdrm - Upstairs, Separate Shower
SqFt - Living 3782.00
Total Bathrooms 3.10
Total Bedrooms 3
Total Floors/Stories 2.00

Exterior Features

Design Mediterranean
Lot Description < 1/4 Acre
Lot Dimensions IRREGULAR
Private Pool Y/N No
Storm Protection: Impact Glass Complete
Subdiv. Amenities None


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33480

AVG $24.4M
AVG $73,457
AVG 94
Year Built
AVG 1963
AVG 26
Data Provided by Walkscore ® not using MLS data