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Off market
  • $13,352,500

    248 Colonial Ln, Palm Beach, FL 33480

    4beds
    3baths
    2,523sqft
    Single Family Residence
    Built in 1950
    -- sqft lot
    $13,352,500 Zestimate®
    $5,292/sqft
    $32,660 Estimated rent

    Home value

    $13,352,500

    $9.35M - $18.43M

    $32,660/mo

    Zestimate® history
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    $90,265/mo

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    $90,265/mo

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    What's special

    PRIME PALM BEACH OPPORTUNITY! LOCATION, LOCATION AND STEPS AWAY TO PRIVATE BEACH ACCESS AND BIKE TRAIL.This ideal North End home is move in ready, on an idyllic street with beach access at the end of the lane. This charming home invites both an indoor and outdoor lifestyle. Complete with an oversized, bright great room, living room, dining room, and 3 BRs in main house. The primary bedroom is located on the west side and 2 additional BRs are in a separate wing on the east side with shared bath. The lushly planted, private back areahas it all. Heated pool, outdoor, covered dining area and separate office or bedroom with full bath. Enjoy the outdoor lighted seating/party area. Let the Palm Beach lifestyle begin! ARCOM APPROVED final plans for new home available.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Brown Harris Stevens,MLS#: 10944912MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Features
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 2,523
    • Total interior livable area: 2,523 sqft

    Property

    Features
    • Pool features: Pool
    Details
    • Parcel number: 50434303110000462

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Palm Beach
    • Subdivision: Palm Beach

    Price history

    DateEventPrice
    6/1/2024Listing removed$6,150,000$2,438/sqft
    Source: Brown Harris Stevens #10944912 Report a problem
    4/11/2024Price change$6,150,000-1.6%$2,438/sqft
    Source: Palm Beach BOR #23-2074 Report a problem
    12/22/2023Listed for sale$6,250,000+227.2%$2,477/sqft
    Source: BeachesMLS #RX-10944912 Report a problem
    12/4/2023Listing removed--
    Source: BeachesMLS #R10861774 Report a problem
    11/22/2023Price change$15,000-34.8%$6/sqft
    Source: BeachesMLS #R10861774 Report a problem
    9/29/2023Price change$23,000+70.4%$9/sqft
    Source: BeachesMLS #R10861774 Report a problem
    4/5/2023Price change$13,500-32.5%$5/sqft
    Source: BeachesMLS #R10861774 Report a problem
    1/28/2023Listed for rent$20,000-52.4%$8/sqft
    Source: BeachesMLS #R10861774 Report a problem
    11/17/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    8/9/2022Listed for rent$42,000+90.9%$17/sqft
    Source: Zillow Rental Network_1 #R10759262 Report a problem
    3/6/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    2/16/2022Listed for rent$22,000+101.8%$9/sqft
    Source: Zillow Rental Network_1 Report a problem
    6/17/2020Listing removed$10,900$4/sqft
    Source: Sotheby's International Realty #RX-10596730 Report a problem
    5/14/2020Price change$10,900-8.4%$4/sqft
    Source: Sotheby's International Realty #RX-10596730 Report a problem
    10/10/2019Listed for rent$11,900-33.9%$5/sqft
    Source: Sotheby's International Realty - Palm Beach Brokerage #19-1782 Report a problem
    9/10/2019Sold$1,910,000-16.8%$757/sqft
    Source: Palm Beach BOR #18-2133 Report a problem
    7/23/2019Pending sale$2,295,000$910/sqft
    Source: Sotheby's International Realty - Palm Beach Brokerage #18-2133 Report a problem
    7/3/2019Price change$2,295,000-4.2%$910/sqft
    Source: Sotheby's International Realty - Palm Beach Brokerage #18-2133 Report a problem
    3/18/2019Price change$2,395,000-4%$949/sqft
    Source: Sotheby's International Realty - Palm Beach Brokerage #18-2133 Report a problem
    1/23/2019Price change$2,495,000-3.9%$989/sqft
    Source: Sotheby's International Realty - Palm Beach Brokerage #18-2133 Report a problem
    11/5/2018Listed for sale$2,595,000+217.4%$1,029/sqft
    Source: Sotheby's International Realty #RX-10478382 Report a problem
    8/24/2015Listing removed$18,000$7/sqft
    Source: Fite Shavell & Associates #RX-10151324 Report a problem
    7/14/2015Listed for rent$18,000$7/sqft
    Source: Fite Shavell & Associates #RX-10151324 Report a problem
    8/2/2002Sold$817,500+33.6%$324/sqft
    Source: Public Record Report a problem
    3/22/2000Sold$612,000+44%$243/sqft
    Source: Public Record Report a problem
    11/24/1998Sold$425,000$168/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$52,890 -0.1%$2,714,514 +7.5%
    2024$52,960 +13.5%$2,525,305 +10%
    2023$46,666 +16.2%$2,295,732 +10%
    2022$40,157 +24%$2,087,029 +10%
    2021$32,372 +10.2%$1,897,299 +10%
    2020$29,365 +7.6%$1,724,817 +9.7%
    2019$27,292 $1,572,013 +0.1%
    2018$27,292 +4%$1,570,808 -0.5%
    2017$26,236 +3.1%$1,579,213 +24%
    2016$25,449 +5%$1,273,789 +10%
    2015$24,246 +19%$1,157,990 +10%
    2014$20,369 +16.8%$1,052,718 +10%
    2013$17,444 +3.1%$957,016 +4.7%
    2012$16,927 -16.3%$913,748 -14.4%
    2011$20,213 -1.5%$1,067,787 -0.5%
    2010$20,517 -7.5%$1,073,599 -10.9%
    2009$22,181 -8.1%$1,204,283 -14.9%
    2008$24,149 +21.1%$1,415,228 +20.2%
    2007$19,948 +5.3%$1,177,624 +15.2%
    2006$18,937 $1,022,077 +3.8%
    2005-- $984,890 +29.1%
    2004$8,314 +7894.3%$762,819 +1.3%
    2003$104 -99.2%$752,672 +15.3%
    2002$13,242 +2.5%$652,672 +3.9%
    2001$12,925 +79.9%$628,347 +70.7%
    2000$7,183 +4.4%$368,200 +3.1%
    1999$6,880 $357,079

    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

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    Estimated market value
    $13,352,500
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    Estimated market value
    $13,352,500