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Map
$13,162,198*
●
House -
Off Market
218 Phipps Plaza
Palm Beach, FL 33480
3 Beds
4 Baths,
1
Half Bath
3782 Sqft
$11,250,000 - $13,750,000
Reference Base Price*
5.30%
Since Mar 1, 2022
National-US
Primary Model
Sold Mar 25, 2022
$9,981,500
Seller
$7,485,000
by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2052
Sold Jan 30, 2013
$1,275,000
Seller
$956,250
by Barclays Bank Delaware
Mortgage Due Feb 01, 2043
About This Property
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.
The manager has listed the unit size as 3782 square feet.
The manager has listed the unit size as 3782 square feet.
Unit Size
3,782Ft²
Days on Market
-
Land Size
-
Price per sqft
$3,305
Property Type
House
Property Taxes
$2,635
HOA Dues
-
Year Built
1948
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2022 | Sold | $9,981,500 | |
| Sold | |||
| Feb 9, 2022 | No longer available | - | |
| No longer available | |||
| Jan 12, 2022 | Price Decreased |
$12,500,000
↓ $3M
(16.7%)
|
|
| Price Decreased | |||
| Nov 19, 2021 | Listed | $15,000,000 | |
| Listed | |||
| Jan 30, 2013 | Sold to Michael Formica, Robert Hie... | $1,275,000 | |
| Sold to Michael Formica, Robert Hie... | |||
Property Highlights
Fireplace
Air Conditioning
Building Info
Overview
Building
Neighborhood
Zoning
Geography
218 Phipps Plaza
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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
Active
House
4
Beds
4.5
Baths
3,938 ft²
$3,555/ft²
$14,000,000
Feb 3, 2023
-
$6,664/mo
Active
House
4
Beds
3.5
Baths
2,889 ft²
$3,981/ft²
$11,500,000
Feb 3, 2023
-
$2,355/mo
Active
House
6
Beds
4.5
Baths
3,592 ft²
$3,313/ft²
$11,900,000
Aug 18, 2022
-
$1,561/mo
Active
House
5
Beds
4.5
Baths
3,324 ft²
$3,159/ft²
$10,500,000
Feb 14, 2023
-
$8,424/mo
About Phipps Plaza
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$11,900,000
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