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Sold for $3,850,000
  • $3,850,000

    248 Park Ave, Palm Beach, FL 33480

    3beds
    1,728sqft
    Single Family Residence, Residential
    Built in 1927
    3,484 Square Feet Lot
    $3,919,900 Zestimate®
    $2,228/sqft
    $7,859 Estimated rent

    Home value

    $3,919,900

    $3.53M - $4.39M

    $7,859/mo

    Zestimate® history
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    What's special

    Hardwood floorsNew bathroomsNew impact windowsNew kitchen and appliances
    Charming Palm Beach Island cottage with gorgeous Dade County Pine floors and remarkable volume throughout. This 3-bedroom, 2-bathroom home has been extensively renovated while maintaining many original elements that create the distinct Palm Beach Island vibe. Highlighted features include: an enclosed Florida sunroom front porch, hardwood floors, new impact windows, new bathrooms, new kitchen and appliances, new roof with multiple sky- lights, A/C systems, updated electrical, Tesla-charger, back-yard/patio with manicured landscape, and more. A perfect location too - Restaurants, boutiques, markets, beach and the lake trail just a few blocks away.

    Zillow last checked:

    Listing updated:

    Listed by:

    PATRICIA H MAHANEY,

    Sotheby's International Realty, Inc.

    Bought with:

    NON MEMBER

    NON MEMBER FIRM

    Source: Palm Beach BOR,MLS#: 25-1721

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Second
    • Area: 280.28
    • Dimensions: 19.6 x 14.3
    Bedroom 2
    • Level: Second
    • Area: 114
    • Dimensions: 11.4 x 10
    Bedroom 3
    • Level: Second
    • Area: 99
    • Dimensions: 11 x 9
    Dining room
    • Level: First
    • Area: 156
    • Dimensions: 13 x 12
    Kitchen
    • Level: First
    • Area: 108
    • Dimensions: 12 x 9
    Living room
    • Level: First
    • Area: 247
    • Dimensions: 19 x 13
    Office
    • Level: First
    • Area: 66.6
    • Dimensions: 9 x 7.4
    Other
    • Level: First
    • Area: 103.68
    • Dimensions: 16.2 x 6.4
    Heating
    • Central, Multi Units
    Cooling
    • Central Air, Multi Units
    Appliances
    • Included: Refrigerator, Gas Range, Dishwasher, Microwave, Washer, Dryer, Oven
    Features
    • Flooring: Hardwood
    • Windows: Impact Glass-Full
    • Has fireplace: Yes
    • Fireplace features: Fireplace
    Interior area
    • Total structure area: 1,948
    • Total interior livable area: 1,728 sqft

    Property

    Parking
    • Parking features: Other, No Garage
    Features
    • Levels: Two
    • Patio & porch: Patio
    • Pool features: None
    • Fencing: Back Yard
    • Waterfront features: None
    Lot
    • Size: 3,484 Square Feet
    • Dimensions: 50
    Details
    • Parcel number: 50434315080000410
    • Zoning: R-C - Medium Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1927

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: No Security
    • Subdivision: Bungalow Park Add
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $2,228/sqft
    • Tax assessed value: $3,081,423
    • Annual tax amount: $46,771
    • Date on market: 11/14/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    1/9/2026Sold$3,850,000-7.2%$2,228/sqft
    Source: Palm Beach BOR #25-1721 Report a problem
    1/2/2026Pending sale$4,150,000$2,402/sqft
    Source: BeachesMLS #RX-11140854 Report a problem
    11/14/2025Listed for sale$4,150,000+12.3%$2,402/sqft
    Source: BeachesMLS #RX-11140854 Report a problem
    5/21/2025Listing removed$3,695,000$2,138/sqft
    Source: Palm Beach BOR #24-679 Report a problem
    5/6/2025Price change$3,695,000-2.8%$2,138/sqft
    Source: BeachesMLS #RX-10979072 Report a problem
    2/26/2025Price change$3,800,000-3.8%$2,199/sqft
    Source: BeachesMLS #RX-10979072 Report a problem
    12/6/2024Price change$3,950,000-3.7%$2,286/sqft
    Source: BeachesMLS #RX-10979072 Report a problem
    11/25/2024Price change$4,100,000-5.7%$2,373/sqft
    Source: BeachesMLS #RX-10979072 Report a problem
    10/7/2024Listed for sale$4,350,000+3.6%$2,517/sqft
    Source: Palm Beach BOR #24-679 Report a problem
    7/1/2024Listing removed--
    Source: Palm Beach BOR #24-679 Report a problem
    5/31/2024Price change$4,200,000-6.7%$2,431/sqft
    Source: BeachesMLS #RX-10979072 Report a problem
    4/17/2024Listed for sale$4,500,000+40.6%$2,604/sqft
    Source: Palm Beach BOR #24-679 Report a problem
    4/10/2023Sold$3,200,000-19%$1,852/sqft
    Source: Palm Beach BOR #22-1917 Report a problem
    3/6/2023Pending sale$3,950,000$2,286/sqft
    Source: Palm Beach BOR #22-1917 Report a problem
    12/27/2022Listed for sale$3,950,000$2,286/sqft
    Source: BeachesMLS #RX-10854132 Report a problem
    11/3/2022Listing removed--
    Source: Palm Beach BOR #22-364 Report a problem
    10/19/2022Price change$3,950,000-4.8%$2,286/sqft
    Source: Palm Beach BOR #22-364 Report a problem
    8/9/2022Listed for rent$8,000$5/sqft
    Source: Zillow Rental Network_1 #R10812978 Report a problem
    3/18/2022Price change$4,150,000-7.8%$2,402/sqft
    Source: BeachesMLS #RX-10782224 Report a problem
    3/8/2022Listed for sale$4,500,000+40.6%$2,604/sqft
    Source: BeachesMLS #RX-10782224 Report a problem
    2/15/2022Sold$3,200,000$1,852/sqft
    Source: Public Record Report a problem
    1/25/2022Pending sale$3,200,000$1,852/sqft
    Source: BeachesMLS #RX-10772067 Report a problem
    1/24/2022Listed for sale$3,200,000$1,852/sqft
    Source: BeachesMLS #RX-10772067 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$46,771 +3%$3,081,423 +3.1%
    2024$45,403 -1.3%$2,989,854 -0.6%
    2023$46,023 +103.1%$3,007,810 +151.9%
    2022$22,664 +16%$1,194,041 +10%
    2021$19,542 +13.7%$1,085,492 +10%
    2020$17,193 +4%$986,811 +6%
    2019$16,530 $930,555 -4.4%
    2018$16,530 +5.3%$973,625 +24.4%
    2017$15,693 +12.6%$782,422 +7.9%
    2016$13,938 +7.3%$724,867 +10%
    2015$12,992 +7.9%$658,970 +0.7%
    2014$12,045 +2.1%$654,148 +1.6%
    2013$11,798 +7.9%$644,123 +9.8%
    2012$10,930 -3.1%$586,634 -0.9%
    2011$11,282 -0.9%$591,908
    2010$11,386 +52%$591,908 +34.5%
    2009$7,491 +10.3%$440,153 +2.2%
    2008$6,790 +8.7%$430,630 +10.8%
    2007$6,245 -4.6%$388,536 +3.9%
    2006$6,547 $373,825 +9.8%
    2005-- $340,459 +16.7%
    2004$2,907 +2695%$291,705 +13.6%
    2003$104 -97.7%$256,816 +7.1%
    2002$4,430 +12.9%$239,899 +13.1%
    2001$3,922 +26.6%$212,087 +24.7%
    2000$3,097 +18.9%$170,097 +11.3%
    1999$2,605 $152,771
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

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    Estimated market value
    $3,919,900
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    Estimated market value
    $3,919,900