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218 Phipps Plaza, Palm Beach, FL 33480

$9,981,500

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https://www.propertypanorama.com/218-Phipps-Plaza-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 4,744 Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $9,981,500 List Date: 11/19/2021 Last Modified: 1/15/2026

Description

Architecturally significant, renovated landmarked property in historic, extremely desirable, Phipps Plaza. The house was originally designed by Belford Schoumate-who came to south Florida in the 1930's and designed and/ or renovated more than 1500 buildings-he actually lived and had his office in Phipps Plaza. The property was redesigned by Jeff Smith Architectural Firm-all new systems to include plumbing, electrical, A/C, new roof, all impact windows and doors- updated in 2014. Full of charm and in pristine condition-Gourmet kitchen-top of the line appliances, exceptional finishes-2 master suites- Waterworks fixtures and Herpel Tile in the bathrooms-4 fireplaces, balconies and a large patio overlooking the pool and screened in cabana.

Supplements: Mario Navarro, a prominent Palm Beach landscape architect, designed the outdoor space. Conveniently located in the center of Palm Beach, near Worth Avenue, The Breakers and the Lake Trail-on a private, quiet cul- de- sac. A true GEM!

More Information MLS# R10759975

Contract Information

Comp Sale YN: No Listing Contract Date: 2021-11-18 Status: Closed Original List Price: 15000000 Sold Price: $9,981,500 Current Price: $9,981,500

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Special Assessment YN: No Street Number: 218 Street Name: Phipps Plaza State Or Province: FL Postal Code: 33480 Subdivision Name: PLAZA PL Area: 5002 Parcel Number: 50434322090000031 Zoning: R-B(ci Directions: OKKECHOBEE EAST TO COUNTY ROAD NORTH THEN MAKE LEFT ONTO PHIPPS PLAZA

General Property Information

Living Area Main: 3782 Lot Size Dimensions: IRREGULAR Gated Community YN: No Lot Size Area: 9228 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: No Property Sub Type: Single Family Residence Bedrooms Total: 3 Bathrooms Total: 4 Bathrooms Full: 3 Bathrooms Half: 1 Building Area Main: 4744 Building Area Source: Public Records Year Built: 1948 Lot Size Acres: 0.21 Direction Faces: East

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 31625.3 Tax Year: 2021 Tax Legal Description: PLAZA PLAT LT 3 (LESS S 3 FT OF W 12.3 FT OF E 70 FT), LT 3A & 10 FT PRIV RD LYG W OF & ADJ TO

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2022-03-24T20:29:53Z Major Change Type: Status Change Price Change Timestamp: 2022-01-11T21:21:24Z Status Change Date: 2022-03-24 Under Contract Date: 2022-02-08 Close Date: 2022-03-24 Close Price: 9981500

Amenities

None: 1

Entry Information

Entry Location: Entry Level Living Area Y

Exterior Features

Custom Lighting: 1

Flooring

Carpet: 1 Marble: 1 Wood: 1

Parking Features

Open: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Fencing

Fenced: 1

Other Structures

Cabana: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Sewer Available: 1 Water Available: 1

View

Garden: 1

Heating

Central: 1

Sprinkler Description

Zoned Sprinkler: 1

Unit Description

Studio: 1

Water Access

None: 1

Window Features

Skylight(s): 1

Appliances

Disposal: 1 Dryer: 1 Electric Range: 1 Ice Maker: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Construction Materials

Brick: 1 CBS: 1 Stucco: 1

Interior Features

Bar: 1 Bedroom Layout - Split: 1 Built-in Features: 1 Cathedral Ceiling(s): 1 Entrance Foyer: 1 French Doors: 1 Storage: 1 Upstairs Living Area: 1 Vaulted Ceiling(s): 1 Wet Bar: 1

Laundry Features

Inside: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

Heated: 1 In Ground: 1

Security Features

Smoke Detector(s): 1

Water Heater Details

Electric Water Heater: 1

Architectural Style

Mediterranean: 1

Cooling

Central Air: 1

Association Type

Homeowner Association: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1 Occupied: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 3 Main Level Bedrooms: 3

Master Bedroom/Bath

2 Master Baths: 1 Combo Tub/Shower: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete

Tax Information

City/County: 1

Occupant Details

Owner Occupied: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Deck: 1 Patio: 1

Balcony Details

Balcony - Covered: 1

Patio Details

Patio - Open: 1

Contingencies

Inspection: 1

Room Types

Bedroom 2: 1 Convertible Bedroom: 1 Den: 1 Dining Room: 1 Family Room: 1 Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Second

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 2639.21 Original List Price To Close Price: 1.5

Acreage Description

Less Than 1/4 Acre Lot: 1

Originating Details

Originating System Key: 20211116214808722014000000 Originating System ID: M00000170

Property Features

Exterior Features: Custom Lighting Flooring: Carpet; Marble; Wood Parking Features: Open Property Condition: Resale Appliances: Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Mediterranean Construction Materials: Brick; CBS; Stucco Cooling: Central Air Association Type: Homeowner Association Fencing: Fenced Heating: Central Interior Features: Bar; Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); Entrance Foyer; French Doors; Storage; Upstairs Living Area; Vaulted Ceiling(s); Wet Bar Laundry Features: Inside Listing Terms: Cash; Conventional Other Structures: Cabana Pets Allowed YN: Yes Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Security Features: Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Zoned Sprinkler Tax Information: City/County Unit Description: Studio Utilities: Sewer Available; Water Available View: Garden Water Access: None Window Features: Skylight(s) Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Occupied; See Remarks Occupant Details: Owner Occupied Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Covered Patio Details: Patio - Open Contingencies: Inspection Room Types: Bedroom 2; Convertible Bedroom; Den; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Room Information

Bedroom 2 Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Den Length: 18.00 Length: 18.00 Width: 13.00 Width: 13.00 Dining Room Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Family Room Length: 11.00 Length: 11.00 Width: 17.00 Width: 17.00 Kitchen Length: 10.00 Length: 10.00 Width: 11.00 Width: 11.00 Level: Main Living Room Length: 27.00 Length: 27.00 Width: 16.00 Width: 16.00 Level: Main Master Bedroom Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Level: Second Convertible Bedroom Laundry

Documents

Floor Plan PDF ›

Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: January - 15 - 2026

218 Phipps Plaza, Palm Beach, FL 33480- MLS# R10759975

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.