$11,500,000
$1M PRICE DROP

408 Chilean Ave Palm Beach, FL 33480

Estimated payment $66,729/month

Total Views 12,066
3 Beds
6 Baths
4,200 Sq Ft
$2,738 Price per Sq Ft

Highlights

  • Marble Flooring
  • Garden View
  • Fireplace
  • Palm Beach Public School Rated A-
  • Formal Dining Room
  • Separate Shower in Primary Bathroom

About This Home

For the first time in over two decades, a remarkably private and meticulously detailed home near Worth Avenue and the town docks is available. Featuring a wonderful flowing floor plan, this unique property includes a spacious living room with views of a lush rear yard and a formal dining room with two walls of glass. Designed for ultimate privacy, it boasts beautiful moldings, a marble staircase, columns, and a marble fireplace imported from Paris. Additionally, it offers an upstairs living room and a second kitchen with an adjacent office that offers the flexibility to be converted into 4th bedroom suite.

Listing Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,993

Year Built

  • Built in 1961

Lot Details

  • 6,251 Sq Ft Lot
  • Property is zoned R-C(ci

Parking

  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Royal Park Add To P B In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050120340

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,993

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1961
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Fireplace, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 4200.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, 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 #: 50434323050120340
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6251.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 31993.0

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 $31,993 $2,127,426 -- --
2023 $31,287 $2,065,462 $0 $0
2022 $31,325 $2,005,303 $0 $0
2021 $31,881 $1,946,896 $0 $0
2020 $31,936 $1,920,016 $0 $0
2019 $31,868 $1,876,848 $0 $0
2018 $30,290 $1,841,853 $0 $0
2017 $30,290 $1,803,970 $0 $0
2016 $29,877 $1,766,866 $0 $0
2015 $30,895 $1,754,584 $0 $0
2014 $31,043 $1,740,659 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Price Changed $35,000 0.0% $8 / Sq Ft
12/09/2024 12/09/24 Price Changed $11,500,000 0.0% $2,738 / Sq Ft
10/16/2024 10/16/24 For Rent $40,000 0.0% --
06/28/2024 06/28/24 For Sale $12,500,000 -- $2,976 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $2,450,000 --
Quit Claim Deed -- --
Warranty Deed $1,295,000 --
Warranty Deed $389,100 --
Warranty Deed $389,100 --
Warranty Deed $389,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 No Value Available
Previous Owner $695,000 No Value Available
Previous Owner $650,000 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11000185

BeachesMLS

APN: 50-43-43-23-05-012-0340