123 Chilean Ave Palm Beach, FL 33480
Highlights
- Water Views
- Palm Beach Public School Rated A-
- Paved or Partially Paved Lot
About This Lot
As of April 2025LAND ONLY with ARCOM APPROVED PLANS.Midtown Ocean Block with Beach Access. Conveniently Located Near Worth Avenue, Shopping, Restaurants, Palm Beach Luxury Marina, Intracoastal, Atlantic Ocean, Colony Hotel and So Much More!Spectacular location ready for NEW BUILD Single Family Quintessential Palm Beach Two Story Home with Open Living Floor Plan. Separate Cabana/Bedroom. SKA Architect + Planner. PERFECT OPPORTUNITY to CUSTOMIZE the Finishes. Complete with elevator and generator planning. *Measurements based upon architect's plans, approximate.
Property Details
Property Type
- Land
Est. Annual Taxes
- $51,911
Year Built
- 1952
Additional Features
- Paved or Partially Paved Lot
- Water Views
Community Details
- Royal Park Add To P B In Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434323050080311
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $6,600,000 | -10.8% | $5,331 / Sq Ft |
| 03/21/2025 03/21/25 | Pending | -- | -- | -- |
| 10/04/2024 10/04/24 | Price Changed | $7,400,000 | -5.1% | $5,977 / Sq Ft |
| 08/09/2024 08/09/24 | Price Changed | $7,800,000 | -7.1% | $6,300 / Sq Ft |
| 03/28/2024 03/28/24 | For Sale | $8,400,000 | +35.5% | $6,785 / Sq Ft |
| 06/24/2022 06/24/22 | Sold | $6,200,000 | 0.0% | $5,008 / Sq Ft |
| 03/19/2022 03/19/22 | Pending | -- | -- | -- |
| 03/15/2022 03/15/22 | For Sale | $6,200,000 | -- | $5,008 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $58,518 | $3,753,750 | -- | -- |
| 2023 | $51,911 | $3,412,500 | $3,412,500 | $0 |
| 2022 | $39,384 | $2,176,749 | $0 | $0 |
| 2021 | $33,780 | $2,086,762 | $2,062,500 | $24,262 |
| 2020 | $30,647 | $1,807,339 | $1,785,000 | $22,339 |
| 2019 | $28,465 | $1,635,424 | $1,615,000 | $20,424 |
| 2018 | $28,686 | $1,707,151 | $1,688,561 | $18,590 |
| 2017 | $26,664 | $1,546,417 | $1,535,056 | $11,361 |
| 2016 | $25,358 | $1,438,225 | $0 | $0 |
| 2015 | $23,593 | $1,307,477 | $0 | $0 |
| 2014 | $25,166 | $1,377,243 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,720,000 | New Conventional | |
| Previous Owner | $510,000 | Unknown |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $6,200,000 | Duarte Law Firm | |
| Deed | -- | -- |
Source: BeachesMLS
MLS Number: R10972710
APN: 50-43-43-23-05-008-0311
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