$9,981,500
218 Phipps Plaza
Palm Beach, FL 33480
MLS# RX-10759975
Status: Closed
3 beds  |  3.1 baths  |  3782 sqft


218 Phipps Plaza - MLS-24
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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.

Details
Documents
Contract Information
Auction: No
List Price/SqFt: 3305.12
Listing Date: 2021-11-18
Status: Closed
Original List Price: 15000000
Sold Price: $9,981,500
Current Price: $9,981,500
General Property Description
Governing Bodies: HOA
Main Level Bedrooms: 3
Main Level Bathrooms: 3
Property Condition: Resale
Lot Dimensions: IRREGULAR
SqFt - Total: 4744
Waterfront: No
SqFt Source: Tax Rolls
Gated Community: No
Covered Spaces: 0
Homeowners Assoc: None
Pets Allowed: Yes
Pets on Premises: No
Front Exp: East
Association Deposit: No
Directions: OKKECHOBEE EAST TO COUNTY ROAD NORTH THEN MAKE LEFT ONTO PHIPPS PLAZA
Membership Fee Required: No
Private Pool: No
Type: Single Family Detached
Total Bedrooms: 3
Baths - Full: 3
Baths - Half: 1
Baths - Total: 3.1
Year Built: 1948
SqFt - Living: 3782
Subdivision: PLAZA PL
Legal Desc: 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
Lot SqFt: 9228
Total Floors/Stories: 2
Location, Tax & Legal
Geo Area: PB30
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2021
Zoning: R-B(ci
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 31625.3
Special Assessment: No
REO: No
Area: 5002
County: Palm Beach
Parcel ID: 50434322090000031
Street #: 218
Street Name: Phipps Plaza
Zip Code: 33480
Geo Lat: 26.706699
Geo Lon: -80.038102
Office/Member Info
DXORIGMLNO: RX-10759975
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Cash
Sold Price/SqFt: 2639.21
Under Contract Date: 2022-02-08
Sold Date: 2022-03-24
Sold Price: $9,981,500
Design
Mediterranean: 1
Construction
Brick: 1
CBS: 1
Stucco: 1
Master Bedroom/Bath
2 Master Baths: 1
Combo Tub/Shower: 1
Mstr Bdrm - Upstairs: 1
Separate Shower: 1
View
Garden: 1
Rooms
Convertible Bedroom: 1
Den/Office: 1
Laundry-Inside: 1
Storage: 1
Studio Bedroom: 1
Waterfront Details
None: 1
Lot Description
< 1/4 Acre: 1
Equip/Appl Included
Disposal: 1
Dryer: 1
Ice Maker: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Smoke Detector: 1
Washer: 1
Water Heater - Elec: 1
Private Pool Description
Heated: 1
Inground: 1
Cooling
Central: 1
Heating
Central: 1
Exterior Features
Cabana: 1
Covered Balcony: 1
Custom Lighting: 1
Deck: 1
Fence: 1
Open Patio: 1
Zoned Sprinkler: 1
Furnished
Unfurnished: 1
Interior Features
Bar: 1
Built-in Shelves: 1
Ctdrl/Vault Ceilings: 1
Entry Lvl Lvng Area: 1
Fireplace(s): 1
Foyer: 1
French Door: 1
Sky Light(s): 1
Split Bedroom: 1
Upstairs Living Area: 1
Wet Bar: 1
Flooring
Carpet: 1
Marble: 1
Wood Floor: 1
Porch/Patio/Balcony
Balcony: 1
Patio: 1
Utilities
Public Sewer: 1
Water Available: 1
Parking
2+ Spaces: 1
Driveway: 1
Open: 1
Restrict
None: 1
Subdiv. Amenities
None: 1
Terms Considered
Cash: 1
Conventional: 1
Possession
At Closing: 1
Storm Protection
Impact Glass: Complete
Taxes
City/County: 1
Contingencies
Inspection: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Design: Mediterranean
Construction: Brick; CBS; Stucco
View: Garden
Waterfront Details: None
Private Pool Description: Heated; Inground
Lot Description: < 1/4 Acre
Exterior Features: Cabana; Covered Balcony; Custom Lighting; Deck; Fence; Open Patio; Zoned Sprinkler
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
Furnished: Unfurnished
Rooms: Convertible Bedroom; Den/Office; Laundry-Inside; Storage; Studio Bedroom
Parking: 2+ Spaces; Driveway; Open
Restrict: None
Flooring: Carpet; Marble; Wood Floor
Heating: Central
Cooling: Central
Terms Considered: Cash; Conventional
Utilities: Public Sewer; Water Available
Taxes: City/County
Possession: At Closing
Contingencies: Inspection
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!
Room Information
Room Name Length Width Length Level Width
Bedroom 216.0016.0016.0016.00
Den18.0013.0018.0013.00
Dining Room16.0016.0016.0016.00
Family Room11.0017.0011.0017.00
Kitchen10.0011.0010.00Main11.00
Living Room27.0016.0027.00Main16.00
Master Bedroom16.0016.0016.00Second16.00

IDX
Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: March - 24 - 2022

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