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Bean Group
Offered at $10,900,000Active
beds
4
baths
5
sq ft
3,194
Built
1984

224 ATLANTIC Avenue

Palm Beach, FL 33480

About this home

This contemporary in-town single-family residence offers a rare combination of modern living, exceptional space, and investment flexibility, all within walking distance of the beach, Lake Trail, and the shops and restaurants of Royal Poinciana Plaza. Spanning more than 6,428 square feet, the residence features four bedrooms and four-and-a-half bathrooms, with light-filled interiors designed for effortless indoor-outdoor living. Floor-to-ceiling windows in the living room open to a balcony overlooking the expansive south-facing, gas-heated pool, commercial sized elevator, generous lawn, and outdoor dining terrace. The well-appointed kitchen features Wolf and Sub-Zero appliances, complemented by a wet bar and butler's pantry. The spacious primary suite includes a private balcony, dual walk-in closets, and a spa-inspired bathroom. A private elevator and hurricane-impact windows provide additional comfort and convenience throughout. A particularly rare offering for an in-town Palm Beach residence, the property provides parking for up to 10 vehicles, making it especially appealing to collectors and those who value substantial on-site parking. The oversized garage features newly epoxy-coated floors, and ARCOM-approved plans provide the opportunity to create approximately 600 additional square feet of living space while fully enclosing the garage to accommodate up to four vehicles. With no rental restrictions, the property also presents a compelling opportunity for a buyer seeking an income-producing Palm Beach investment, a flexible seasonal residence, or a combination of personal use and rental income. Offering contemporary Palm Beach living in a highly desirable in-town setting, the residence combines proximity to the ocean and Lake Trail with generous living spaces, 9,500 SF of in-town land, significant parking, expansion potential, and exceptional ownership flexibility.

Listing last checked: Listing updated:

Listed by Spencer Schlager · Douglas Elliman · MLS #B26080621

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Details at a glance

Interior4 property facts
Rooms
7
Heating
Central
Cooling
Central Air
Flooring
Marble, Wood
Building5 property facts
Style
Single Family Residence
Year built
1984
Garage
8
Parking
10
Roof
Flat
Land & utilities4 property facts
Lot size
0.22 acres
Water
Public
Sewer
Public Sewer
Zoning
R-C (city)
Financial2 property facts
Annual taxes
$83,026
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $10,900,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$62,035 / monthAdjust
Principal & interest
$55,116
Property tax
$6,919
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $83,026. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Lsd

    $45,000 · Sold $85,000 · Sep 10, 2024

  2. Lsd

    $45,000 · Sold $75,000 · Jun 6, 2024

  3. Sld

    $10,495,000 · Sold $8,600,000 · Dec 20, 2023

  4. Lsd

    $60,000 · Sold $60,000 · Oct 20, 2020

  5. Lsd

    $25,000 · Sold $30,000 · Jun 1, 2020

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About 224 ATLANTIC Avenue

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