218 Phipps Plaza, Palm Beach, FL 33480

$9,981,500
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 4,744 Status: Closed
Current Price: $9,981,500 List Date: 11/19/2021 Last Modified: 7/02/2026

Overview

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!

Listing Details MLS# R10759975

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
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

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

Contract Information

Comp Sale YN
No
Original List Price
15000000

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

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

More Information

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

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Second

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

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

Documents

IDX
Listing Office: Sotheby's Intl. Realty, Inc.
Last Updated: July - 02 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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