60
Map
$42,500,000
●
House -
For Sale
614 Tarpon Way
Palm Beach, FL 33480
6 Beds
7 Baths,
2
Half Baths
8,607 Ft²
$238,867
Est. Monthly
About This Property
Tarpon Point, an extraordinary private waterfront estate positioned
on a unique southwest corner surrounded by water on both sides &
discreetly nestled in Palm Beach's storied Estate Section. Set upon
.53 acres of exceptional Intracoastal frontage, stretching 295+/-
ft along the water. This Mediterranean estate spans 11,527 sq. ft
w/ water views from every room infused w/ natural light that
deepens into spectacular western sunsets. 5 gracious bedroom suites
anchor the main residence, each w/ en-suite baths. The Primary
suite has dual baths, dressing rooms, elevator & gym. A 1 bedroom
attached cottage offers ideal accommodations for guests or live-in
staff. Outdoors, an expansive loggia frames a heated pool & spa,
private dock w/ 50+ lb boat lift, 3-car garage and lushly
landscaped grounds.
Unit Size
8,607 Ft²
Days on Market
114 days
Land Size
0.53 acres
Price per sqft
$4,938
Property Type
House
Property Taxes
$30,185
HOA Dues
-
Year Built
1996
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: 4 months ago (Beaches MLS #B26039490)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2026 | Listed by Sotheby's Intl. Realty, Inc. | $42,500,000 | |
| Listed by Sotheby's Intl. Realty, Inc. | |||
| May 14, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Listed by The Corcoran Group | $34,500,000 | |
| Listed by The Corcoran Group | |||
   | |||
|
Tarpon Point, a rare & secluded trophy property on an exceptional .53 acre waterfront corner lot. Conveniently close to Worth Avenue. A Palm Beach property beautifully positioned for generations to come. Intuitively designed Mediterranean style residence & attached guest cottage. The 11,427 square foot residence enjoys 295 +/- ft of Intracoastal frontage, features 5 BRs plus a 1 BR guest cottage with a full bath & bar/kitchen ideal for friends or beloved live-in staff. The home enjoys water views from every room, a large loggia, heated waterside pool, 3 car garage, & a lovely dock with large boat lift.
| |||
| Feb 14, 1997 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 3
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 7
Interior Features: Bidet, Elevator, High Ceilings, Kitchen Island, Pantry, Storage, Soaking Tub, Walk-In Closet(s), Bathtub, DiningArea, SeparateFormalDiningRoom, KitchenDiningCombo, MultipleEnSuiteBathrooms, UpperLevelPrimary
Appliances: Dryer, Dishwasher, Electric Water Heater, Free-Standing Freezer, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Water Heater, Wine Refrigerator, Washer
Flooring Type: Wood
Door Features: French Doors
Laundry Features: Main Level, Laundry Room
Has Fireplace
Fireplace Features: Wood Burning
Exterior Details
Square Footage: 8607
Square Footage Source: $0
Security Features: Security System Owned, Smoke Detector(s), ElevatorSecured
Property Condition: Resale
Architectural Style: Mediterranean
Year Built: 1996
Waterfront Features: Seawall, IntracoastalAccess, PointLot
Building Area Total: 11427
Levels: Two
Other Structures: Guest House, Pergola
Construction Materials: Block, Stucco
Patio and Porch Features: Covered, Patio, Open, Balcony
Pool Features: Gas Heat, In Ground, Private, Pool/Spa Combo
Pool is Private
Lot Features: Corner Lot
Lot Size Area: 23086.8
Lot Size Units: Square Feet
Lot Size Acres: 0.53
Lot Size Square Feet: 23086.8
Lot Size Dimensions: Irregular
Water Source: Public
Financial Details
Tax Annual Amount: $362,217
Utilities Details
Cooling Type: Central Air, Electric, Zoned
Heating Type: Central, Electric, Zoned, Individual
Sewer : Public Sewer
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 El Bravo Park
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Listed by: Fern M. Fodiman
Sotheby's Intl. Realty, Inc.
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# B26039490
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.
Sotheby's Intl. Realty, Inc.
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# B26039490
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