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Sold for $12,500,000
  • $12,500,000

    257 W Indies Dr, Palm Beach, FL 33480

    5beds
    3,950sqft
    SingleFamily
    Built in 1961
    0.34 Acres Lot
    $12,533,700 Zestimate®
    $3,165/sqft
    $74,526 Estimated rent

    Home value

    $12,533,700

    $10.90M - $14.41M

    $74,526/mo

    Zestimate® history
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    What's special

    Reimagined one story Regency on an oversized lot close to town. Soaring 13' ceilings as you enter the foyer and no expense spared on upgrades. The main house features an open family room, formal dining, 4 bedrooms and 4.5 bathrooms. Enjoy the private and peaceful backyard from covered loggia overlooking pool and lush tropical gardens. Private guest suite/pool cabana for entertaining. This home is complete with a full house generator, 2 car garage and outdoor shower.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,950 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 50434310060000130

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Other
    Condition
    • Year built: 1961

    Community & HOA

    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $3,165/sqft
    • Tax assessed value: $9,319,883
    • Annual tax amount: $139,189

    Price history

    DateEventPrice
    5/22/2024Sold$12,500,000-7.4%$3,165/sqft
    Source: Public Record Report a problem
    7/29/2023Listing removed--
    Source: Douglas Elliman Report a problem
    5/17/2023Price change$13,500,000-6.9%$3,418/sqft
    Source: BeachesMLS #RX-10866711 Report a problem
    4/10/2023Price change$14,500,000-3.3%$3,671/sqft
    Source: BeachesMLS #RX-10866711 Report a problem
    2/16/2023Listed for sale$15,000,000+168.2%$3,797/sqft
    Source: BeachesMLS #RX-10866711 Report a problem
    12/28/2020Sold$5,592,000-4.4%$1,416/sqft
    Source: Palm Beach BOR #20-1666 Report a problem
    12/14/2020Pending sale$5,850,000$1,481/sqft
    Source: Douglas Elliman #20-1666 Report a problem
    11/30/2020Price change$5,850,000-5.3%$1,481/sqft
    Source: Douglas Elliman #20-1666 Report a problem
    10/1/2020Listed for sale$6,175,000+814.8%$1,563/sqft
    Source: Douglas Elliman (Palm Beach) #RX-10659681 Report a problem
    3/1/1994Sold$675,000$171/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$139,189 +25.5%$9,319,883 +78.4%
    2024$110,936 +17.6%$5,225,585 +10%
    2023$94,325 +16.2%$4,750,532 +10%
    2022$81,193 +25.1%$4,318,665 +10%
    2021$64,883 +23.2%$3,926,059 +24.2%
    2020$52,651 +0.6%$3,160,964 +2.3%
    2019$52,345 $3,089,896 +1.9%
    2018$52,345 +4.8%$3,032,283 -4.2%
    2017$49,940 -7.3%$3,164,192 +96.2%
    2016$53,855 +97.9%$1,612,674 +0.7%
    2015$27,216 -3.8%$1,601,464 +0.8%
    2014$28,278 +2.1%$1,588,754 +1.5%
    2013$27,699 +0.1%$1,565,275 +1.7%
    2012$27,662 +0.7%$1,539,110 +3%
    2011$27,474 +0.6%$1,494,282 +1.5%
    2010$27,320 +6.5%$1,472,199 +2.7%
    2009$25,649 +8%$1,433,495 +0.1%
    2008$23,760 +2.9%$1,432,063 +3%
    2007$23,099 -6.2%$1,390,352 +2.5%
    2006$24,620 $1,356,441 +3%
    2005-- $1,316,933 +3%
    2004$13,657 +13032.1%$1,278,576 +1.9%
    2003$104 -99.6%$1,254,736 +2.4%
    2002$24,256 +0.3%$1,225,328 +1.6%
    2001$24,191 +2%$1,206,031 +3%
    2000$23,727 +11.8%$1,170,904 +14.3%
    1999$21,232 $1,024,726
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

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

    Source: The MLS. 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
    $12,533,700
    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
    $12,533,700