Pending

Price cut: $795K (6/25)

$12,700,000

250 Algoma Rd, Palm Beach, FL 33480

6beds

5,213sqft

$85,933/mo

Get pre-qualified

Single Family Residence, Residential

Built in 1938

0.42 Acres Lot

$11,251,700 Zestimate^®

$2,436/sqft

$-- HOA

What's special

This extraordinary estate has been meticulously renovated over the past four years with no detail overlooked. The property features a band-new roof, completely rebuilt exterior walls, and all-new impact glass throughout, seamlessly blending modern resilience with timeless elegance. The grounds have been entirely reimagined with lush, professionally designed landscaping, creating a private and serene oasis. The interiors were masterfully designed be renowned New York design firm Brockschmidt & Coleman, showcasing refined craftsmanship and sophisticated finishes at every turn. Originally envisioned by celebrated architect Maurice Fatio, with the guest house designed by distinguished architect John Volk, this residence represents a rare collaboration of architectural pedigree and contemporary luxury.

278 days

816

40

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 7
Full bathrooms: 6
1/2 bathrooms: 1

Heating

Central, Zoned

Cooling

Central Air, Zoned

Appliances

Included: Refrigerator, Gas Range, Dishwasher, Disposal, Washer, Dryer, Ice Maker, Double Oven

Features

Sound System, Wet Bar, Storage, Pantry
Flooring: Marble, Hardwood
Windows: Awning, Impact Glass, Impact Glass-Full, Storm Shutters, Impact Windows
Has fireplace: Yes
Fireplace features: Fireplace

Interior area

Total structure area: 5,893
Total interior livable area: 5,213 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Garage Door Opener, Toilet in Garage
Garage spaces: 2

Features

Levels: Two
Exterior features: Built-in Barbecue
Has private pool: Yes
Pool features: Gas Heat, Fresh Water
Waterfront features: None, Ocean Access

Lot

Size: 0.42 Acres
Dimensions: 135

Details

Additional structures: Guest House
Parcel number: 50434335000020340
Zoning: RA

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial,Traditional
Property subtype: Single Family Residence, Residential

Materials

Frame, Concrete
Roof: Asphalt

Condition

Year built: 1938

Utilities & green energy

Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Security: Smoke Detector(s), Security System

Location

Region: Palm Beach

Financial & listing details

Price per square foot: $2,436/sqft
Tax assessed value: $14,780,934
Annual tax amount: $211,219
Date on market: 4/17/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$11,251,700

$10.58M - $11.93M

$83,301/mo

Price history

Date	Event	Price
8/3/2026	Pending sale	$12,700,000$2,436/sqft
Source: Palm Beach BOR #25-1675 Report a problem
6/25/2026	Price change	$12,700,000-5.9%$2,436/sqft
Source: BeachesMLS #R11139487 Report a problem
5/20/2026	Price change	$13,495,000-2.9%$2,589/sqft
Source: Palm Beach BOR #25-1675 Report a problem
4/17/2026	Price change	$13,900,000-5.4%$2,666/sqft
Source: Palm Beach BOR #25-1675 Report a problem
4/9/2026	Pending sale	$14,700,000$2,820/sqft
Source: Palm Beach BOR #25-1675 Report a problem
2/23/2026	Price change	$14,700,000-5.2%$2,820/sqft
Source: BeachesMLS #RX-11139487 Report a problem
11/10/2025	Listed for sale	$15,500,000+203.9%$2,973/sqft
Source: BeachesMLS #RX-11139487 Report a problem
9/30/2020	Sold	$5,100,000-7.2%$978/sqft
Source: Palm Beach BOR #20-171 Report a problem
3/20/2020	Listing removed	$5,495,000$1,054/sqft
Source: Korman Realty LLC #RX-10586842 Report a problem
12/21/2019	Listed for sale	$5,495,000-4.4%$1,054/sqft
Source: Korman Realty LLC #RX-10586842 Report a problem
11/20/2019	Listing removed	$5,750,000$1,103/sqft
Source: Korman Realty LLC #RX-10533744 Report a problem
10/25/2019	Price change	$5,750,000-11.5%$1,103/sqft
Source: Korman Realty LLC #RX-10533744 Report a problem
5/27/2019	Listed for sale	$6,500,000+400%$1,247/sqft
Source: Korman Realty LLC #RX-10533744 Report a problem
3/9/1998	Sold	$1,300,000$249/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$211,219 +94.9%	$14,780,934 +135.5%
2024	$108,370 +11.6%	$6,275,663 +10%
2023	$97,133 +4.2%	$5,705,148 +10%
2022	$93,175 +19.3%	$5,186,498 +10%
2021	$78,112 -6.3%	$4,714,998 -4.9%
2020	$83,380 +173.7%	$4,959,092 +181.6%
2019	$30,469	$1,760,769 +1.9%
2018	$30,469 +4.7%	$1,727,938 +2.1%
2017	$29,108 +0.1%	$1,692,398 +2.1%
2016	$29,093 +3.3%	$1,657,589 +0.7%
2015	$28,167 -3.7%	$1,646,067 +0.8%
2014	$29,265 +2.1%	$1,633,003 +1.5%
2013	$28,669 +0.1%	$1,608,870 +1.7%
2012	$28,631 +0.7%	$1,581,976 +3%
2011	$28,438 +0.6%	$1,535,899 +1.5%
2010	$28,272 +6.5%	$1,513,201 +2.7%
2009	$26,545 +11.9%	$1,473,419 +3.8%
2007	$23,722 -6.2%	$1,419,366 +2.5%
2006	$25,278	$1,384,747 +3%
2005	--	$1,344,415 +3%
2004	$13,954 +6608.5%	$1,305,257 +1.9%
2003	$208 -99.2%	$1,280,920 +2.4%
2002	$24,885 +0.3%	$1,250,898 +1.6%
2001	$24,820 +1.9%	$1,231,199 +3%
2000	$24,346 +3.2%	$1,195,339 +2.7%
1999	$23,598	$1,163,913