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Sold for $7,615,000
    • $7,615,000

    240 Atlantic Avenue, Palm Beach, FL 33480

    4beds
    2,635sqft
    Single Family Residence
    Built in 2016
    5,001 Square Feet Lot
    $7,763,600 Zestimate®
    $2,890/sqft
    $54,642 Estimated rent

    Home value

    $7,763,600

    $6.91M - $8.70M

    $54,642/mo

    Zestimate® history
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    What's special

    Turnkey triple mint home moments to The Royal and situated between the Ocean and the Lake Trail. This meticulous, 4-bedroom 4-bathroom home features top of the line appliances, including a Wolf 8-burner gas range, Sub-Zero fridge, freezer, and wine fridge, Bosch dishwasher, and Wolf microwave. Each bedroom has an en-suite bathroom with Waterworks fixtures and marble finishes. Additional features include a gas fireplace, three A/C zones for personalized climate control, a Tesla charger, tankless water heater, and built-in Sonos sound system. Outside, the backyard features a gas-heated lap pool and lush tropical landscaping creating the ultimate serene retreat.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Leavitt 917-664-0720,

    Douglas Elliman

    Bought with:

    Todd Peter, 3049697

    Sotheby's Intl. Realty, Inc.

    Source: BeachesMLS,MLS#: R11014900MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 352
    • Dimensions: 22 X 16
    Kitchen
    • Level: Main
    • Area: 270
    • Dimensions: 15 X 18
    Living room
    • Level: Main
    • Area: 306
    • Dimensions: 17 X 18
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Wet Bar, Bathtub, Closet Cabinetry, Dual Sinks, Entrance Foyer, Kitchen Island, Pantry, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
    • Flooring: Wood
    • Doors: French Doors
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,354
    • Total interior livable area: 2,635 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Covered, Open, Patio, Balcony
    • Exterior features: Balcony, Outdoor Living Area, Outdoor Shower
    • Has private pool: Yes
    • Pool features: In Ground, Salt Water
    • Waterfront features: None
    Lot
    • Size: 5,001 Square Feet
    • Features: < 1/4 Acre
    Details
    • Parcel number: 50434315030000210
    • Zoning: R-C

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Barrel
    Condition
    • Resale
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Security System Leased
    • Subdivision: ORANGE GROVE PARK
    HOA
    • Has HOA: No
    • Amenities included: Sidewalks
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $2,890/sqft
    • Tax assessed value: $7,802,051
    • Annual tax amount: $55,301
    • Date on market: 8/23/2024
    • Cumulative days on market: 220 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    7/25/2025Sold$7,615,000-10.4%$2,890/sqft
    Source: BeachesMLS #R11014900 Report a problem
    3/31/2025Pending sale$8,495,000$3,224/sqft
    Source: BeachesMLS #RX-11014900 Report a problem
    12/11/2024Price change$8,495,000-5.1%$3,224/sqft
    Source: BeachesMLS #RX-11014900 Report a problem
    10/22/2024Price change$8,950,000-5.8%$3,397/sqft
    Source: BeachesMLS #RX-11014900 Report a problem
    8/23/2024Listed for sale$9,500,000+192.3%$3,605/sqft
    Source: BeachesMLS #RX-11014900 Report a problem
    6/20/2017Sold$3,250,000-11%$1,233/sqft
    Source: Palm Beach BOR #16-656 Report a problem
    6/14/2017Pending sale$3,650,000$1,385/sqft
    Source: Sned Realty LLC #RX-10276144 Report a problem
    4/25/2017Listed for sale$3,650,000+260.1%$1,385/sqft
    Source: Sned Realty LLC #RX-10276144 Report a problem
    3/3/2015Sold$1,013,500-7.9%$385/sqft
    Source: Public Record Report a problem
    12/30/2014Listed for sale$1,100,000$417/sqft
    Source: Fite Shavell & Associates #RX-10098366 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$58,120 +2.9%$3,884,488 +2.9%
    2024$56,493 +2.2%$3,775,013 +3%
    2023$55,301 -0.2%$3,665,061 +3%
    2022$55,388 -1.7%$3,558,312 +3%
    2021$56,344 -0.2%$3,454,672 +1.4%
    2020$56,461 +0.6%$3,406,974 +2.3%
    2019$56,133 $3,330,375 +7.4%
    2018$56,133 +9%$3,102,214 +40%
    2017$51,481 +36.8%$2,215,515 +133.5%
    2016$37,637 +130.6%$948,928 +29.6%
    2015$16,322 +23.5%$732,050 +10%
    2014$13,216 +5.6%$665,500 +10%
    2013$12,512 +2.9%$605,000
    2012$12,163 -31.9%$605,000 -34.1%
    2011$17,858 +0.1%$918,500 +1.8%
    2010$17,844 -4%$902,000
    2009$18,585 -0.2%$902,000 -17.2%
    2008$18,625 +15.9%$1,089,409 +15%
    2007$16,077 -4%$947,659 +5%
    2006$16,740 $902,694 +33.3%
    2005-- $677,090 +24.9%
    2004$5,907 +5579.7%$541,959 +20%
    2003$104 -99.1%$451,736 -16.6%
    2002$11,009 +11.2%$541,736 +12.8%
    2001$9,904 +78.3%$480,257 +81.7%
    2000$5,555 +28.1%$264,257 +26.2%
    1999$4,337 $209,315
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Palm Beach Public
    • High: Palm Beach Lakes

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $7,763,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,763,600

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