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Sold for $25,000,000
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    • $25,000,000

    250 Palmo Way, Palm Beach, FL 33480

    8beds
    8,940sqft
    SingleFamily
    Built in 2017
    0.64 Acres Lot
    $29,901,700 Zestimate®
    $2,796/sqft
    $-- Estimated rent

    Home value

    $29,901,700

    $25.12M - $35.58M

    Not available

    Zestimate® history
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    What's special

    250 Palmo Way, Palm Beach, FL 33480 is a single family home that contains 8,940 sq ft and was built in 2017. It contains 8 bedrooms and 12 bathrooms. This home last sold for $25,000,000 in May 2024. The Zestimate for this house is $29,901,700.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 12
    • Full bathrooms: 9
    • 1/2 bathrooms: 3
    Heating
    • Forced air, Electric, Gas, Solar
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Wet Bar, Elevator, Kitchen Island, Pantry, Walk-In Closet(s), Built-in Shelves, Garage Apartment, Upstairs Living Area, Cabana Bath
    • Flooring: Other, Hardwood
    • Windows: Storm Window(s), Impact Glass
    • Has fireplace: Yes
    • Fireplace features: Fireplace(s)
    Interior area
    • Structure area source: Tax Rolls
    • Total interior livable area: 8,940 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Detached
    Features
    • Patio & porch: Open Porch, Patio (Guesthouse)
    • Exterior features: Stucco
    • Pool features: Heated, Private
    • Fencing: Fenced
    • On waterfront: Yes
    • Waterfront features: Ocean Access
    Lot
    • Size: 0.64 Acres
    • Features: Auto Sprinkler, 1/2 to < 1 Acre
    Details
    • Parcel number: 50434303040000070
    • Zoning: R-B(ci
    • Special conditions: Sold As-Is, Survey
    • Other equipment: Generator Hookup

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    Materials
    • masonry
    • Roof: Shake / Shingle
    Condition
    • Resale
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Electricity Connected, Water Available, Cable Connected
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Security: Security Lights, Smoke Detector(s), Security System Owned
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $2,796/sqft
    • Tax assessed value: $22,941,567
    • Annual tax amount: $342,683
    • Inclusions: Refrigerator, Smoke Detector, Dryer, Washer, Dishwasher, Disposal, Wall Oven, Range - Electric, Range - Gas, Generator Hookup

    Price history

    DateEventPrice
    5/28/2024Sold$25,000,000+47.1%$2,796/sqft
    Source: Public Record Report a problem
    6/8/2021Sold$17,000,000+0.3%$1,902/sqft
    Source: Palm Beach BOR #20-970 Report a problem
    3/24/2021Pending sale$16,950,000$1,896/sqft
    Source: BeachesMLS #RX-10630010 Report a problem
    12/14/2020Listing removed$16,950,000$1,896/sqft
    Source: Sotheby's Intl. Realty, Inc. #RX-10630010 Report a problem
    8/26/2020Listed for sale$16,950,000+260.6%$1,896/sqft
    Source: Sotheby's International Realty #RX-10630010 Report a problem
    3/20/2015Sold$4,700,000$526/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$342,683 +33.8%$22,941,568 +34%
    2024$256,169 +2.1%$17,122,612 +3%
    2023$250,942 -0.2%$16,623,895 +3%
    2022$251,429 +72.7%$16,139,704 +81.7%
    2021$145,600 -0.2%$8,882,892 +1.4%
    2020$145,922 +0.6%$8,760,249 +2.3%
    2019$145,092 $8,563,293 +1.9%
    2018$145,092 +7.2%$8,403,624 +116.4%
    2017$135,294 +103.8%$3,882,653
    2016$66,384 -0.6%$3,882,653 +411.8%
    2015$66,782 +409.6%$758,669 +0.8%
    2014$13,106 +2.1%$752,648 +1.5%
    2013$12,834 +0.2%$741,525 +1.7%
    2012$12,811 +0.7%$729,130 +3%
    2011$12,716 +0.7%$707,893 +1.5%
    2010$12,633 +6.6%$697,432 +2.7%
    2009$11,852 +7.9%$679,096 +0.1%
    2008$10,983 +1.9%$678,418 +3%
    2007$10,783 -6.1%$658,658 +2.5%
    2006$11,484 $642,593 +3%
    2005-- $623,877 +3%
    2004$6,329 +5985.8%$605,706 +1.9%
    2003$104 -99.1%$594,412 +2.4%
    2002$11,286 +0.3%$580,480 +1.6%
    2001$11,252 +2%$571,339 +3%
    2000$11,029 +3.3%$554,698 -18.1%
    1999$10,673 $677,544
    Find assessor info on the county website

    Neighborhood: 33480

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    Estimated market value
    $29,901,700
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    Estimated market value
    $29,901,700

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