When was property at 216 Colonial Lane built and last sold?

The property at 216 Colonial Lane was built in 2013 and last sold on May 5, 2010 for $799,500.

How much is this home worth?

The estimated value of the home located at 216 Colonial Lane is $0.

What are some comparable homes to 216 Colonial Lane?

There are currently no comparable homes to 216 Colonial Lane.

Palm Beach

33480

El Encanto

216 Colonial Lane

Sold on Apr 14, 2026

Map

$7,350,000

● House - Off Market

216 Colonial Lane

Palm Beach, FL 33480

4 Beds

4 Baths, 1 Half Bath

2,471 Ft²

$44,188

Est. Monthly

0.15%

Cap Rate

About This Property

An art deco jewel box, built in 2013 with rare private beach access. This outstanding residence, honored with the Schuler Award for architectural excellence, integrates solar panels, impact glass, and locally sourced materials. Nestled on the sought-after North End of Palm Beach, just two homes from the ocean with beach access, it epitomizes indoor-outdoor living. The home offers three ensuite bedrooms plus a flexible fourth bedroom, den, or yoga studio, along with a great room, open chef's kitchen, covered patio, and upper balconies. Southern exposure enhances the heated pool with swim jets, spa, and summer kitchen. Terrazzo and wood floors, ample closets, sound system & two car garage.

Unit Size

2,471 Ft²

Days on Market

194 days

Land Size

0.14 acres

Price per sqft

$3,237

Property Type

House

Property Taxes

$4,911

HOA Dues

Year Built

2013

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #R11128943)

Price History

Date / Event	Date	Event
Apr 14, 2026	Sold	Premium
Sold
Mar 5, 2026	In contract	-
In contract
Oct 1, 2025	Listed by Serhant	$7,999,000
Listed by Serhant
May 6, 2010	Sold	Premium
Sold
May 1, 2006	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2013

Effective Year Built: 2013
Building Count: 1
Bedroom Count: 3
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Building Condition: 6
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 16
Roof Cover Type: 2
Floor Count: 200
Living Units: 1
Floor Cover: 7
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 380
Parking Space Count: 1
Patio Type: 20
Porch Type: 7
Pool Type: 8

Dimensions

Lot Size Square Feet: 6,220

Lot Size Depth Feet: 80
Lot Size Frontage Feet: 750
Total Building Area: 2,714
Gross Building Area: 2,714
Building Area: 2,210
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,210
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: EL ENCANTO PL 2
Land Acres: 0000000143
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: EL ENCANTO PL 2 W 55 FT OF LT 50 /LESS S 12 FT/ & 10 FT STRIP ADJ THERETO ON NORTH & 20 FT STRIP ADJ THERETO ON WEST

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003507

Zoning

Zoning: R-B

Geography

Assessors Map Reference: 116

Parcel: 50-43-43-03-11-000-0502
Lot: 50
Meridian: SEC 03 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.7532
Longitude: -80.0375

Address

Full Address: 216 Colonial Ln

Address - House Number: 216
Address - Street Name: Colonial
Address - Suffix Type: Ln
State: FL
City Name: Palm Beach
Carrier Code: C003
4-Digit Zip Code: 3213
Zip Code: 33480

Valuation

Tax

Total Area: 2,291

Tax Year: 2023
Tax Amount: $5,774,564
Tax Rate Code Area: 50411

Appraisal Valuation

Standard Deviation: 0.2175

Valuation Date: Apr 03, 2024
Confidence Score: 70
Final Value: 3,584,147
High Value: 4,363,815
Low Value: 2,804,480

Market Valuation

Market Total Value: $4,582,815

Market Land Value: $2,711,237
Market Improvement Value: $1,871,578

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $3,873,202

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 05, 2010

Current Sale Recording Date: May 06, 2010
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20100168456
Previous Sale Recording Date: May 01, 2006
Previous Sale Contract Date: Apr 21, 2006
Previous Sale Amount: $851,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About El Encanto

Stats & Trends

Median Asking:

$8,474,500

Sale Price/ft²

$3,368

Below Asking

0.01%

Average Days on Market

143

Average Home Size

3408 ft²

Average Home Age

87 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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2 Beds
2 Baths
1,458 ft²

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Unit for rent at 1551 N Flagler Drive, West Palm Beach, FL, 33401

$6,000 /mo

2 Beds
2 Baths
1,175 ft²

1551 N Flagler Drive #1005SEASONAL, West Palm Beach, FL, 33401 Listing by Mark Grossman

Unit for rent at 5600 N Flagler Drive, West Palm Beach, FL, 33407

$6,000 /mo

2 Beds
2 Baths
1,170 ft²

5600 N Flagler Drive #2105, West Palm Beach, FL, 33407 Listing by Alec Farrington

Rentals Near You

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Listed by: Victoria Catherine Brewer
Serhant
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R11128943

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.