50
Map
$12,100,000
●
House -
Off Market
232 Sandpiper Drive
Palm Beach, FL 33480
4 Beds
5 Baths,
1
Half Bath
5,146 Ft²
$71,138
Est. Monthly
-0.01%
Cap Rate
About This Property
Welcome to 232 Sandpiper on the North End of Palm Beach Island. A
stunning one-story residence on a deeded beach access street with
close proximity to the Lake Trail, this exquisite Palm Beach home
has a superb floor-plan including an oversized primary bedroom with
his and her bath and walk-in closet, large family room, 3 guest
bedrooms, an office, and a formal dining room. Featuring 10 ft
ceilings throughout and 5146 total square feet of living space,
this property also boasts an idyllic poolside loggia perfect for
al-fresco dining and entertaining. DISCLAIMER: Information
published or otherwise provided by the listing company and its
representatives including but not limited to prices, measurements, square footages, lot sizes,
calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to
errors, omissions or changes without notice. All such information should be independently verified by
any prospective purchaser or seller. Parties should perform their own due diligence to verify such
information prior to a sale or listing. Listing company expressly disclaims any warranty or
representation regarding such information. Prices published are either list price, sold price, and/or last
asking price. The listing company participates in the Multiple Listing Service and IDX. The properties
published as listed and sold are not necessarily exclusive to listing company and may be listed or have
sold with other members of the Multiple Listing Service. Transactions where listing company
represented both buyers and sellers are calculated as two sales. "No payments made until title passes"
Some affiliations may not be applicable to certain geographic areas. If your property is currently listed
with another broker, please disregard any solicitation for services. Information published or otherwise
provided by seller, listing company or its representatives is deemed reliable but are not guaranteed
and subject to errors, omissions, or changes without notice. Copyright 2024 by the listing company. All
Rights Reserved.
representatives including but not limited to prices, measurements, square footages, lot sizes,
calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to
errors, omissions or changes without notice. All such information should be independently verified by
any prospective purchaser or seller. Parties should perform their own due diligence to verify such
information prior to a sale or listing. Listing company expressly disclaims any warranty or
representation regarding such information. Prices published are either list price, sold price, and/or last
asking price. The listing company participates in the Multiple Listing Service and IDX. The properties
published as listed and sold are not necessarily exclusive to listing company and may be listed or have
sold with other members of the Multiple Listing Service. Transactions where listing company
represented both buyers and sellers are calculated as two sales. "No payments made until title passes"
Some affiliations may not be applicable to certain geographic areas. If your property is currently listed
with another broker, please disregard any solicitation for services. Information published or otherwise
provided by seller, listing company or its representatives is deemed reliable but are not guaranteed
and subject to errors, omissions, or changes without notice. Copyright 2024 by the listing company. All
Rights Reserved.
Unit Size
5,146 Ft²
Days on Market
64 days
Land Size
0.29 acres
Price per sqft
$2,410
Property Type
House
Property Taxes
$10,251
HOA Dues
-
Year Built
2002
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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 #R11021646)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | Listed by Premier Estate Properties, Inc | $12,400,000 | |
| Listed by Premier Estate Properties, Inc | |||
| | |||
|
Welcome to 232 Sandpiper on the North End of Palm Beach Island. A stunning one-story residence on a deeded beach access street with close proximity to the Lake Trail, this exquisite Palm Beach home has a superb floor-plan including an oversized primary bedroom with his and her bath and walk-in closet, large family room, 3 guest bedrooms, an office, and a formal dining room. Featuring 10 ft ceilings throughout and 5146 total square feet of living space, this property also boasts an idyllic poolside loggia perfect for al-fresco dining and entertaining.
| |||
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | Listed by Brown Harris Stevens of PB | $11,750,000 | |
| Listed by Brown Harris Stevens of PB | |||
| | |||
|
Exquisite Palm Beach home is now available for sale on one of the best streets in the North End of the Island. The floor plan is superb with the ceiling heights over 10ft. The layout includes 4 bedrooms with ensuite baths plus a formal dining room, living room and library. The primary bedroom has doors leading out to the pool and has his and her closets and bathrooms. There is also a covered loggia which is ideal for entertaining. Lush tropical landscaping surrounds the property giving this residence total privacy and the pool is south facing. There is deeded beach access and bike path access.
| |||
| Jul 8, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
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 Dodge Estates
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Listed by: Margit Brandt
Premier Estate Properties, Inc
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R11021646
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.
Premier Estate Properties, Inc
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R11021646
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