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Sold for $13,000,000
    • $13,000,000

    221 Atlantic Ave, Palm Beach, FL 33480

    4beds
    4,246sqft
    Single Family Residence, Residential
    Built in 2016
    10,018 Square Feet Lot
    $13,004,600 Zestimate®
    $3,062/sqft
    $80,107 Estimated rent

    Home value

    $13,004,600

    $11.57M - $14.57M

    $80,107/mo

    Zestimate® history
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    $87,787/mo

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    What's special

    Large elevatorLushly landscaped gardensFrench doorsCovered loggiasLuxury eat-in kitchen
    Beautiful British West Indies 4 Bedroom 5.2 bath home by renowned architect Patrick Segraves. This newer built 2016 residence features 11 ft ceilings upstairs and down. An elegant double height central entrance hall leads to the spacious living room, where a wall of French doors let in maximum sunlight and open to the outdoors. There is a magnificent top of the line luxury eat-in kitchen. Covered loggias on the first and second floor overlook the lushly landscaped gardens and extended lap pool. A built-in grill, outdoor half bath and shower provide for relaxed indoor and outdoor living. The upstairs primary bedroom has his and hers marble baths and two enormous walk-in closets. Three guest bedrooms have luxury en-suite white marble baths including one on the ground floor. The home has all impact glass windows and doors, large elevator, and generator. The house is meticulously maintained to the last detail. Central in-town location, with easy access to beach, lake trail, shops and restaurants.

    Zillow last checked:

    Listing updated:

    Listed by:

    JAMES A. COSEL 561-309-6272,

    Sotheby's International Realty, Inc.,

    J.DENNIS GALLO 561-371-7336

    Bought with:

    STEVE HALL, 3094127

    Compass Florida, LLC

    Source: Palm Beach BOR,MLS#: 24-772

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Heating
    • Zoned
    Cooling
    • Zoned
    Appliances
    • Included: Refrigerator, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Wine Refrigerator, Oven
    Features
    • Sound System, Elevator, Bidet
    • Flooring: Marble, Hardwood
    • Windows: Window Treatments, Impact Glass-Full
    Interior area
    • Total structure area: 5,496
    • Total interior livable area: 4,246 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Air Conditioned
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Patio
    • Exterior features: Balcony, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Gas Heat
    • Fencing: Back Yard
    • Waterfront features: None
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 100
    Details
    • Parcel number: 50434315030000491
    • Zoning: RC

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence, Residential
    Materials
    • Block, Stucco
    • Roof: Tile
    Condition
    • Year built: 2016

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Orange Grove Park
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $3,062/sqft
    • Tax assessed value: $9,457,512
    • Annual tax amount: $84,284
    • Date on market: 5/2/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/16/2024Sold$13,000,000-6.5%$3,062/sqft
    Source: Palm Beach BOR #24-772 Report a problem
    11/19/2024Pending sale$13,900,000$3,274/sqft
    Source: Palm Beach BOR #24-772 Report a problem
    11/7/2024Contingent$13,900,000$3,274/sqft
    Source: Palm Beach BOR #24-772 Report a problem
    11/1/2024Price change$13,900,000-5.8%$3,274/sqft
    Source: BeachesMLS #RX-10983622 Report a problem
    6/28/2024Price change$14,750,000+6.1%$3,474/sqft
    Source: BeachesMLS #RX-10983622 Report a problem
    5/2/2024Listed for sale$13,900,000+183.7%$3,274/sqft
    Source: Palm Beach BOR #24-772 Report a problem
    6/28/2023Listing removed--
    Source: BeachesMLS #R10892208 Report a problem
    5/24/2023Listed for rent$60,000+20%$14/sqft
    Source: BeachesMLS #R10892208 Report a problem
    2/1/2023Listing removed--
    Source: BeachesMLS Report a problem
    12/20/2022Price change$50,000-23.1%$12/sqft
    Source: BeachesMLS Report a problem
    11/22/2022Listed for rent$65,000$15/sqft
    Source: Zillow Rental Network_1 #R10847574 Report a problem
    6/17/2016Sold$4,900,000-10.9%$1,154/sqft
    Source: Palm Beach BOR #16-467 Report a problem
    6/2/2016Pending sale$5,500,000$1,295/sqft
    Source: Palm Beach Island - Valore Group #RX-10210306 Report a problem
    9/20/2014Listed for sale$5,500,000+266.7%$1,295/sqft
    Source: Valore Group #14-1896 Report a problem
    6/13/2014Sold$1,500,000$353/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$140,828 +60.8%$9,457,512 +67.2%
    2024$87,578 +3.9%$5,656,578 +10%
    2023$84,284 +16.1%$5,142,344 +10%
    2022$72,621 +0.9%$4,674,858 +5.6%
    2021$71,972 -12.9%$4,424,915 -11.5%
    2020$82,621 +7.2%$4,998,685 +9.1%
    2019$77,056 $4,582,415 -2.8%
    2018$77,056 +6.2%$4,716,264 +21.9%
    2017$72,549 +12.3%$3,868,112 +153.6%
    2016$64,602 +137.4%$1,525,063 +10%
    2015$27,211 +131.8%$1,386,421 +107.5%
    2014$11,739 +2%$667,997 +1.5%
    2013$11,508 +0.1%$658,125 +1.7%
    2012$11,492 +0.6%$647,124 +3%
    2011$11,425 +0.7%$628,276 +1.5%
    2010$11,344 +6.4%$618,991 +2.7%
    2009$10,663 +7.8%$602,718 +0.1%
    2008$9,890 +1.9%$602,116 +3%
    2007$9,704 -5.9%$584,579 +2.5%
    2006$10,316 $570,321 +3%
    2005-- $553,710 +3%
    2004$5,587 +2208.5%$537,583 -42.9%
    2003$242 -98.5%$942,250 +14.5%
    2002$16,168 $823,019
    2001-- --
    2000-- --
    Find assessor info on the county website

    Neighborhood: 33480

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    Estimated market value
    $13,004,600
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    Estimated market value
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