When was property at 224 Mediterranean Road built and last sold?

The property at 224 Mediterranean Road was built in 1948 and last sold on Dec 30, 2021 for $5,550,000.

How much is this home worth?

The estimated value of the home located at 224 Mediterranean Road is $4,890,756.

What are some comparable homes to 224 Mediterranean Road?

There are currently no comparable homes to 224 Mediterranean Road.

Palm Beach

33480

224 Mediterranean Road

$4,900,000

● House - Off Market

224 Mediterranean Road

Palm Beach, FL 33480

5 Beds

4 Baths

2,311 Ft²

$29,531

Est. Monthly

About This Property

Beautifully maintained beach house on the North End featuring 5 bedrooms and 4 bathrooms, boasting a sunny great room with a fireplace, large pool/ patio area, and attached guest cottage with a vaulted ceiling. Situated on a corner lot with lush landscaping and plenty of parking, this delightful home is located near the beach, Lake Trail, and the inlet docks.

Unit Size

2,311 Ft²

Days on Market

25 days

Land Size

Price per sqft

$2,120

Property Type

House

Property Taxes

$5,471

HOA Dues

Year Built

1948

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #R11035189)

Price History

Date / Event	Date	Event
Dec 2, 2024	Sold	Premium
Sold
Nov 16, 2024	In contract	-
In contract
Nov 7, 2024	Listed by The Corcoran Group	$4,900,000
Listed by The Corcoran Group

	Beautifully maintained beach house on the North End featuring 5 bedrooms and 4 bathrooms, boasting a sunny great room with a fireplace, large pool/ patio area, and attached guest cottage with a vaulted ceiling. Situated on a corner lot with lush landscaping and plenty of parking, this delightful home is located near the beach, Lake Trail, and the inlet docks.
Jan 10, 2022	Sold	Premium
Sold
Aug 23, 2021	Listed by The Corcoran Group	$6,750,000
Listed by The Corcoran Group
Jul 12, 2018	Sold	Premium
Sold
Oct 13, 2017	Listed by The Corcoran Group	$2,195,000
Listed by The Corcoran Group
Dec 30, 2013	Sold	Premium
Sold
May 10, 2013	Listed by The Corcoran Group	$1,195,000
Listed by The Corcoran Group

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1948

Effective Year Built: 2000
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 360
Parking Space Count: 1
Patio Type: 55
Porch Type: 89
Pool Type: 8

Dimensions

Lot Size Square Feet: 8,612

Lot Size Depth Feet: 110
Lot Size Frontage Feet: 750
Total Building Area: 2,287
Gross Building Area: 2,287
Building Area: 1,628
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 1,628
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BOCA RATONE CO INLET SUB
Land Acres: 0000000198
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: BOCA RATONE CO INLET SUB LT 108

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003507

Zoning

Zoning: R-B

Geography

Assessors Map Reference: 105

Parcel: 50-43-42-34-02-000-1080
Lot: 108
Meridian: SEC 34 TWN 42S RNG 43E
Municipality: PALM BEACH
Latitude: 26.7671
Longitude: -80.0404

Address

Full Address: 224 Mediterranean Rd

Address - House Number: 224
Address - Street Name: Mediterranean
Address - Suffix Type: Rd
State: FL
City Name: Palm Beach
Carrier Code: C001
4-Digit Zip Code: 3041
Zip Code: 33480

Valuation

Tax

Total Area: 1,895

Tax Year: 2022
Tax Amount: $5,042,502
Tax Rate Code Area: 50411

Appraisal Valuation

Standard Deviation: 0.0858

Valuation Date: Jan 03, 2024
Confidence Score: 93
Final Value: 14,489
High Value: 15,734
Low Value: 13,245

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $3,198,477

Market Land Value: $2,704,401
Market Improvement Value: $494,076

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $3,198,477

Sales

Current Sale Contract Date: Dec 30, 2021

Current Sale Recording Date: Jan 10, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 10567
Previous Sale Recording Date: Jul 12, 2018
Previous Sale Contract Date: Jul 03, 2018
Previous Sale Amount: $1,962,500
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First 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 Palm Beach

Stats & Trends

Median Asking:

$2,695,000

Sale Price/ft²

$1,445

Above Asking

0.32%

Average Days on Market

109

Average Home Size

2982 ft²

Average Home Age

52.1 years

Currently For Sale

318 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

Nearby Rentals

Unit for rent at 406 35th Street, West Palm Beach, FL, 33407

$7,750 /mo

3 Beds
2 Baths
1,835 ft²

406 35th Street, West Palm Beach, FL, 33407 Listing by Alexander Furman

Unit for rent at 515 52nd Street, West Palm Beach, FL, 33407

$5,000 /mo

2 Beds
2 Baths
1,090 ft²

515 52nd Street, West Palm Beach, FL, 33407 Listing by Jose Orlando Ramirez

Unit for rent at 514 52nd Street, West Palm Beach, FL, 33407

$4,500 /mo

2 Beds
2 Baths
768 ft²

514 52nd Street, West Palm Beach, FL, 33407 Listing by Gillian Lieberman

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Dana Lorne Koch
The Corcoran Group
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R11035189

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.

224 Mediterranean Road

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Palm Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions