218 Phipps Plaza, Palm Beach, FL 33480

$9,981,500

Virtual Tour

https://www.propertypanorama.com/218-Phipps-Plaza-Palm-Beach-FL-33480/unbranded

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: 5/08/2026

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
Bedroom 2: Yes
Convertible Bedroom: Yes
Den: Yes
Dining Room: Yes
Family Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

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

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Exterior Features

Custom Lighting: Yes

Flooring

Carpet: Yes
Marble: Yes
Wood: Yes

Parking Features

Open: Yes

Property Condition

Resale: Yes

Fencing

Fenced: Yes

Other Structures

Cabana: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Central: Yes

Sprinkler Description

Zoned Sprinkler: Yes

Unit Description

Studio: Yes

Water Access

None: Yes

Window Features

Skylight(s): Yes

Appliances

Disposal: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

Construction Materials

Brick: Yes
CBS: Yes
Stucco: Yes

Interior Features

Bar: Yes
Bedroom Layout - Split: Yes
Built-in Features: Yes
Cathedral Ceiling(s): Yes
Entrance Foyer: Yes
French Doors: Yes
Storage: Yes
Upstairs Living Area: Yes
Vaulted Ceiling(s): Yes
Wet Bar: Yes

Laundry Features

Inside: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Heated: Yes
In Ground: Yes

Security Features

Smoke Detector(s): Yes

Water Heater Details

Electric Water Heater: Yes

Architectural Style

Mediterranean: Yes

Cooling

Central Air: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Occupied: Yes

Master Bedroom/Bath

2 Master Baths: Yes
Combo Tub/Shower: Yes
Master Bdrm - Upstairs: Yes
Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes
Deck: Yes
Patio: Yes

Balcony Details

Balcony - Covered: Yes

Patio Details

Patio - Open: Yes

Contingencies

Inspection: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

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

Floor Plan PDF ›

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

Last Updated: May - 08 - 2026

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