$27,500,000
Sold · August 11, 2026
206 Phipps Plaza
Palm Beach, FL 33480
PHIPPS PLAZA
Explore the area: Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $27,500,000
- Vs. list price
- 19.1% under
- Days on market
- N/A
- Price per sq ft
- $2,917
This 7-bedroom single-family home in ZIP 33480 sold for $27,500,000 on August 11, 2026. That was 19.1% below its final list price of $34,000,000. At $2,917 per square foot, it closed 12.5% below the $3,335 median of the 3 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $27,500,000
- Sold On
- August 11, 2026
- Days on Site
- 0 Days
- Bedrooms
- 7
- Total Baths
- 11
- Full Baths
- 8
- Partial Baths
- 3
- Living Area
- 9,427 sqft
- Total Sq Ft
- 11,786 sqft
- Year Built
- 1926
- Property Type
- Single Family
- MLS #
- B26060028
- Property Tax
- $129,869 (2025)
- Subdivision
- PHIPPS PLAZA
- County
- Palm Beach
- Status
- Sold
- Special Conditions
- Standard
About This Property
Ideally located in historic Phipps Plaza, this architectural jewel—originally conceived by Marion Sims Wyeth and masterfully reimagined by John Volk—has been artfully transformed from its foundation to its roof. The result is a seamless blend of classic Palm Beach character and modern sophistication. Featuring five generous en-suite bedrooms, refined formal and relaxed family living areas, and beautifully landscaped pool gardens, this residence perfectly balances heritage and contemporary comfort. Additional highlights include a three-car garage and nine dedicated street parking spaces—an exceptional rarity in the heart of town. Staging and furnishings by Vesta Home; all furniture available for purchase. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing companies expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.
General Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1926
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 3
- Attached Garage
- Yes
- Parking
- Assigned / Attached / Driveway / Garage
- Direction Faces
- South
- Living Sq Ft
- 9,427
- Total Sq Ft
- 11,786
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-C (city)
Interior Features
- Appliances
- Dryer / Dishwasher / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Interior Features
- Multiple En Suite Bathrooms / Pantry / Bar / Walk In Closets
- Main Level Bedrooms
- 1
- Main Level Baths
- 4
- Total Rooms
- 3
Exterior Features
- Construction
- Block
- Roof
- Barrel
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Patio & Porch
- Open / Balcony
- Waterfront Features
- None
Community & HOA
- Utilities
- Electricity Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 5002
Schools
- Elementary School
- Palm Beach Public
- Middle School
- Conniston Community
- High School
- Forest Hill
About the Area
Browse Palm Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Palm Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Palm Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 308
- Median List Price
- $2,695,000
- Median $/Sq Ft
- $1,471
- Avg Days on Market
- 177
Frequently Asked Questions
- How do I schedule a tour of 206 Phipps Plaza, Palm Beach, FL 33480?
- Use the Tour button on this listing to request a showing of 206 Phipps Plaza, Palm Beach, FL 33480. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 206 Phipps Plaza, Palm Beach, FL 33480 still available?
- 206 Phipps Plaza, Palm Beach, FL 33480 is currently listed as Sold. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 206 Phipps Plaza, Palm Beach, FL 33480?
- With 20% down ($6,800,000) on the $34,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 206 Phipps Plaza, Palm Beach, FL 33480 is about $178,685/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 206 Phipps Plaza, Palm Beach, FL 33480?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 206 Phipps Plaza, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 206 Phipps Plaza, Palm Beach, FL 33480?
- 206 Phipps Plaza, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Conniston Community (middle), Forest Hill (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 206 Phipps Plaza, Palm Beach, FL 33480?
- Often, yes. The right offer on 206 Phipps Plaza, Palm Beach, FL 33480 depends on how it's priced against comparable single family sales in Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Premier Estate Properties, Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 7, 2026.
$27,500,000
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Listed by James L. McCann, Premier Estate Properties, Inc
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Recent Sales
Recently sold homes in ZIP 33480
These are the last 6 recorded closings in ZIP 33480, with the price each home actually sold for rather than what it was listed at. They closed at a median of $3,334 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$87,000
Sold · October 5, 2026
4001 S Ocean Boulevard 114
0 bed · 1 bath · 375 sqft · $232/sqft
$12,000 under the asking price
Sold$16,150,000
Sold · October 1, 2026
246 Emerald Lane
6 bed · 6.5 bath · 4,844 sqft · $3,334/sqft
$3,800,000 under the asking price
Sold$21,500,000
Sold · October 1, 2026
130 Brazilian Avenue
6 bed · 7 bath · 4,955 sqft · $4,339/sqft
$750,000 under the asking price
Sold$186,000
Sold · September 30, 2026
3605 S Ocean Boulevard 229
2 bed · 2 bath · 1,121 sqft · $166/sqft
$1,100 over the asking price
Sold$6,100,000
Sold · September 30, 2026
245 COLONIAL Lane
3 bed · 2 bath · 1,829 sqft · $3,335/sqft
$300,000 under the asking price
Sold$375,000
Sold · September 30, 2026
3475 S Ocean Boulevard 2020
2 bed · 2 bath · 1,395 sqft · $269/sqft
See every recorded sale in ZIP 33480 or find out what your ZIP 33480 home is worth.
