218 Phipps Plaza, Palm Beach, FL 33480 (MLS# R10759975)

218 Phipps Plaza, Palm Beach, FL 33480

$9,981,500
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 4,744 Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $9,981,500 List Date: 11/19/2021 Last Modified: 1/15/2026

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; See Remarks Occupant Details: Owner 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
Listing Contract Date
2021-11-18
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

Showing Details

Pet(s) on Premises
No

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
See Remarks
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

Occupant Details

Owner Occupied
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

Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 15 - 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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