36
Map
$2,700,000
●
House -
For Sale
2308 Embassy Drive
West Palm Beach, FL 33401
4 Beds
3 Baths
2,893 Ft²
$15,301
Est. Monthly
$483
HOA / Fees
About This Property
As though right out of the pages of Architecture Digest, Lakefront
Luxury within a secure, 24hr gated community in the heart of West
Palm Beach! Open the front door of this 4BED, 3BATH residence to a
grand foyer and living room with cathedral ceilings, gorgeous
hardwood floors - all flooded with natural light. The chef's
kitchen features a gas range, custom cabinetry, marble counters all
with a view of the pool and Lake Mangonia. Enjoy resort-style pool
and 14,000+ sqft lot with designer landscaping. Bonus perks
include: a fabulous pantry and Laundry room, an air conditioned
2-car+ garage with finished floors, a large mudroom and a new
roof/gutters. Minutes to: Downtown West Palm Beach, Cityplace,
Whole Foods, fine dining, shoppes, the beach, top-tier golf courses
- Everything Palm Beach!
Unit Size
2,893 Ft²
Days on Market
241 days
Land Size
0.34 acres
Price per sqft
$933
Property Type
House
Property Taxes
$1,559
HOA Dues
$483
Year Built
1977
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: 6 months ago (Beaches MLS #R11164747)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by Coldwell Banker/ WPB | $2,400,000 | |
| Listed by Coldwell Banker/ WPB | |||
   | |||
|
As though right out of the pages of Architecture Digest, Lakefront Luxury within a secure, 24hr gated community in the heart of West Palm Beach! Open the front door of this 4BED, 3BATH residence to a grand foyer and living room with cathedral ceilings, gorgeous hardwood floors - all flooded with natural light. The chef's kitchen features a gas range, custom cabinetry, marble counters all with a view of the pool and Lake Mangonia. Enjoy resort-style pool and 14,000+ sqft lot with designer landscaping. Bonus perks include: a fabulous pantry and Laundry room, an air conditioned 2-car+ garage with finished floors, a large mudroom and a new roof/gutters. Minutes to: Downtown West Palm Beach, Cityplace, Whole Foods, fine dining, shoppes, the beach, top-tier golf courses - Everything Palm Beach!
| |||
| Feb 18, 2026 | Listed by Coldwell Banker Realty | $2,700,000 | |
| Listed by Coldwell Banker Realty | |||
| Jan 18, 2022 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), BreakfastArea, FamilyDiningRoom, MainLevelPrimary, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile, Laminate, Other
Door Features: French Doors
Laundry Features: Inside, Laundry Room, WasherDryerInstallAllowed
Exterior Details
Square Footage: 2893
Square Footage Source: $0
Security Features: Security System Owned, Gated with Guard, Gated Community, Security Guard
Property Condition: Resale
Architectural Style: Ranch
Year Built: 1977
Waterfront Features: Lake Front, Lake Privileges
Building Area Total: 3974
Levels: One
Window Features: Other, Sliding
Construction Materials: Block, Stucco
Patio and Porch Features: Patio
Pool Features: In Ground
Pool is Private
Lot Features: QuarterToHalfAcreLot
Lot Size Area: 14810.4
Lot Size Units: Square Feet
Lot Size Acres: 0.34
Lot Size Square Feet: 14810.4
Water Source: Public
Financial Details
Tax Annual Amount: $18,712
Utilities Details
Cooling Type: Central Air, ReverseCycle
Heating Type: Central, Electric, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security, CommonAreas
HOA/Condo/Coop Amenities: Tennis Court(s), Trail(s), Sidewalks
HOA Fee: $483
HOA Fee Frequency: Monthly
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 Villages of Palm Beach Lakes
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Listed by: Nancy Cheng
Coldwell Banker Realty
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R11164747
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.
Coldwell Banker Realty
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R11164747
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