by Global Lifestyle Properties

See Home Value
$2,550,000
● House - Off Market

514 Anchorage Drive

North Palm Beach, FL 33408
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,816 Ft²
$15,165
Est. Monthly

About This Property

Welcome to 514 Anchorage drive where your imagination is the only restriction. Situated within the quaint village of North Palm Beach sits a property that only comes available once every 50 years. With 100+ feet of Earman river frontage and deeded riparian water rights to the middle of the River, this parcel truly is one of the most premier in the village. Imagine transcending time by infusing contemporary luxury into the timeless bones of this grand 4 bed, 3 bath, 2car garage waterfront residence. A potential renovation promises a symphony of modernity with classical elegance. To a select few, a rare chance awaits to erect a residence of distinction, tailor-made to encapsulate your vision of the pinnacle of luxury living. This property is not just a plot of land but the ground on which your architectural dreams can flourish.
Unit Size
2,816 Ft²
Days on Market
33 days
Land Size
0.83 acres
Price per sqft
$1,048
Property Type
House
Property Taxes
$680
HOA Dues
-
Year Built
1972

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Last updated: 7 months ago (Beaches MLS #R10933509)

Price History

Date / Event Date Event Price
Dec 16, 2025 Sold
Sold
Nov 20, 2025 In contract -
In contract
Sep 12, 2025 Price Decreased $3,200,000
↓ $5M (61.2%)
Price Decreased
Aug 27, 2025 Listed $8,250,000
Listed
Build your dream estate in the highly coveted Village of North Palm Beach! This custom waterfront property presents a rare opportunity to own nearly an acre (0.8335 acres) with 107 feet of prime water frontage on the scenic Earman River. Custom architectural plans by renowned luxury builder Foster Banyan Building & Development envision an elegant residence with 5 bedrooms, 5 full baths, 2 half baths, an office, and a den, all within 5,180 A/C sq. ft. and 7,508 total sq. ft. Unique to this property, the oversized lot allows for design flexibility, including an optional 1,000 sq. ft. casita(estimated $650,000) or additional garage. The casita design offers a private 1-bedroom, 1-bath guest retreat with family room, morning bar, separate laundry, and a breezeway connection to the main home.
Jul 18, 2025 Listed by The Keyes Company (PBG) $3,350,000
Listed by The Keyes Company (PBG)
Build Your Dream Home in The Village of North Palm Beach! This expansive 0.8335-acre cleared lot is ready for construction and comes with custom architectural plans by Foster Banyan, one of South Florida's premier luxury home builders. Located in a sought-after neighborhood, this is a rare opportunity. Interested in a turnkey option? A different price is available for buyers who wish to have the home built on the lot.
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 498
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 36,307
  • Lot Size Depth Feet: 3,630
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,979
  • Gross Building Area: 3,979
  • Building Area: 2,816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,816
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH PALM BEACH VILLAGE
  • Land Acres: 0000000834
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: NORTH PALM BEACH VILLAGE OF PL 1 LT 14 (LESS ELY 35.59 FT) & ELY 55.59 FT OF LT 15 BLK 3

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 000702

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 78
  • Parcel: 68-43-42-16-02-003-0141
  • Block: 3
  • Lot: 14,15
  • Meridian: SEC 16 TWN 42S RNG 43E
  • Municipality: NORTH PALM BEACH
  • Latitude: 26.8093
  • Longitude: -80.0613

    Address

  • Full Address: 514 Anchorage Dr
  • Address - House Number: 514
  • Address - Street Name: Anchorage
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: North Palm Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 4804
  • Zip Code: 33408

Valuation

    Tax

  • Total Area: 3,244
  • Tax Year: 2022
  • Tax Amount: $830,125
  • Tax Rate Code Area: 68401

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 2,608,766
  • High Value: 3,089,081
  • Low Value: 2,128,451

    Market Valuation

  • Market Total Value: $1,540,509
  • Market Land Value: $1,290,000
  • Market Improvement Value: $250,509

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $444,979

    Sales

  • Current Sale Contract Date: Dec 08, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 421963
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Palm Beach Village


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Frequently Asked Questions

When was property at 514 Anchorage Drive built and last sold?
The property at 514 Anchorage Drive was built in 1972 and last sold on Dec 8, 2023 for $2,550,000.
How much is this home worth?
The estimated value of the home located at 514 Anchorage Drive is $8,228,247.
What are some comparable homes to 514 Anchorage Drive?
There are currently no comparable homes to 514 Anchorage Drive.