55
Map
$59,000,000
●
House -
For Sale
111 Via Del Lago
Palm Beach, FL 33480
9 Beds
10 Baths,
2
Half Baths
12,000 Ft²
$324,244
Est. Monthly
About This Property
Classic Mediterranean Palm Beach estate by renowned architect
Marion Sims Wyeth. Situated in Palm Beach's prestigious Estate
Section, this remarkable property offers privacy, grandeur &
timeless architectural significance. Approx. 16,000 SF w/
9BR/10.2BA on an approx. 50,000 SF lot featuring 7 fountains,
manicured rose gardens & an Old Chicago brick circular drive w/
parking for up to 12 cars. Highlights include a dramatic living
room w/ 35' ceilings, original stenciled Pecky Cypress beams, 3
fireplaces, primary suite w/ dual baths & dressing rooms, wine
cellar, chef's kitchen, elevator, pool, 2-story cabana, gym, sauna,
& nearby beach access. A truly extraordinary Palm Beach estate
offering exceptional scale & character just moments from the finest
clubs, dining, shopping & beaches Additional amenities include
6-car garage + 4 covered parking spaces, newer roof (approx. 3
years), impact windows & doors, full-house generator, HVAC cooling
tower & robotic lawn mower, 2 laundry rooms, staff/guest quarters &
dog-washing station. Expansive al fresco dining, BBQ &
entertainment areas complement the seamless indoor-outdoor
lifestyle. This exceptional 3-story compound is located just
one house from the ocean in an X Flood Zone (17' NAVD elevation),
meaning no flood insurance is required. This is a one of a
kind Palm Beach legacy property to be enjoyed for generations.
Unit Size
12,000 Ft²
Days on Market
56 days
Land Size
1.11 acres
Price per sqft
$4,917
Property Type
House
Property Taxes
$34,544
HOA Dues
-
Year Built
1952
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Beaches MLS #B26077347)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Listed by The Corcoran Group | $59,000,000 | |
| Listed by The Corcoran Group | |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Carport
Parking Features: Attached Carport, Attached, Carport, Garage, Garage Door Opener
Garage Spaces: 6
Interior Details
Half Bathrooms: 2
Full Bathrooms: 10
Interior Features: Wet Bar, Built-in Features, Cathedral Ceiling(s), Entrance Foyer, Elevator, Kitchen Island, Pantry, Storage, Soaking Tub, Vaulted Ceiling(s), BreakfastArea, Bathtub, DiningArea, SeparateFormalDiningRoom, DualSinks, FamilyDiningRoom, MultipleEnSuiteBathrooms, SittingAreaInPrimary, SeparateShower, TubShower, UpperLevelPrimary
Appliances: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Ice Maker, Microwave, Refrigerator, Wine Refrigerator, Washer
Flooring Type: Marble, Wood
Door Features: French Doors
Laundry Features: Inside, Main Level, Laundry Room, Sink, LaundryTub
Rooms: 9
Has Fireplace
Fireplace Features: Gas
Exterior Details
Square Footage: 12000
Square Footage Source: $0
Security Features: Security System Owned, Security System, Gated Community
Property Condition: Resale
Architectural Style: Mediterranean
Year Built: 1928
Waterfront Features: None
Building Area Total: 16000
Levels: Three Or More
Other Structures: Cabana, Outbuilding, Pool House
Window Features: Storm Window(s)
Construction Materials: Brick, Other, Stucco
Patio and Porch Features: Covered, Patio, Terrace, Open, Balcony
Pool Features: Gas Heat, Heated, In Ground, OutsideBathAccess
Pool is Private
Lot Features: Interior Lot, OneToTwoAcres, SprinklersAutomatic, SprinklerSystem
Lot Size Area: 48351.6
Lot Size Units: Square Feet
Lot Size Acres: 1.11
Lot Size Square Feet: 48351.6
Lot Size Dimensions: 287.5 ft x 167.5 ft
Water Source: Public
Financial Details
Tax Annual Amount: $414,528
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Beach
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Listed by: Suzanne Trapani Frisbie
The Corcoran Group
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26077347
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
The Corcoran Group
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26077347
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