$12,900,000
$1M PRICE DROP

401 Chilean Ave Palm Beach, FL 33480

Estimated payment $88,218/month

Total Views 4,775
3 Beds
5.5 Baths
4,712 Sq Ft
$2,738 Price per Sq Ft

Highlights

  • Marble Flooring
  • Mediterranean Architecture
  • Breakfast Area or Nook
  • Palm Beach Public School Rated A-
  • Den
  • Formal Dining Room

About This Home

Beautiful, Light and Bright Mediterranean style townhome with soaring ceilings, 3 bedrooms plus den, 5 full bathrooms, and powder room. Large formal living room with fireplace, formal dining room, and kitchen with breakfast area. Fabulous den with courtyard patio. Expansive Primary Wing complete with sitting room, dual bathrooms and walk-in closets, and lounge area. The backyard features swimming pool with spa, large patio, and lush landscaping perfect for serene outdoor living. Additional highlights include elevator, large laundry room, and 2-car garage. Phenomenal In-Town location on the Lake Block of Chilean Avenue, just two blocks from the renowned shopping and dining of Worth Avenue.

Listing Agent

Christian Angle

Christian Angle Real Estate License #703536

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $196,270

Year Built

  • Built in 2000

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,712 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Open Patio

Additional Features

  • 8,750 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434323050050262

Community Details

Overview

  • Royal Park Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$196,270

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Year Built: 2000
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Fireplace, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble, Wood
  • Living Area: 4712.0
  • Dining Room Type: Den, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Patio
  • Pool Features: Pool
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434323050050262
  • Lot Size: 125.0 ft x 70.0 ft
  • Lot Size Sq Ft: 8750.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 196270.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $196,270 $13,185,683 -- --
2023 $217,878 $14,500,511 $4,777,500 $9,723,011
2022 $45,197 $2,944,477 $0 $0
2021 $45,922 $2,858,716 $0 $0
2020 $46,024 $2,819,247 $0 $0
2019 $45,932 $2,755,862 $0 $0
2018 $43,599 $2,704,477 $0 $0
2017 $43,630 $2,648,851 $0 $0
2016 $44,110 $2,594,369 $0 $0
2015 $45,617 $2,576,335 $0 $0
2014 $45,836 $2,555,888 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $12,900,000 -7.2% $2,738 / Sq Ft
02/07/2025 02/07/25 For Sale $13,900,000 0.0% $2,950 / Sq Ft
08/01/2024 08/01/24 Rented $30,000 -83.4% --
05/02/2024 05/02/24 Rented $181,000 +352.5% --
04/22/2024 04/22/24 For Rent $40,000 0.0% --
04/22/2024 04/22/24 For Rent $40,000 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- Alley Maass Rogers & Lindsay P
Warranty Deed $4,500,000 Attorney
Warranty Deed $2,450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,150,000 Credit Line Revolving
Previous Owner $1,500,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11061346

BeachesMLS

APN: 50-43-43-23-05-005-0262