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248 Park Avenue, Palm Beach, FL 33480
Sold
49 Days on Market
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$3,850,000

Sold · January 9, 2026

248 Park Avenue

Palm Beach, FL 33480

BUNGALOW PARK ADD

Explore the area: Palm Beach homes for sale · Palm Beach County real estate

What this home sold for

Sold price
$3,850,000
Vs. list price
7.2% under
Days on market
49
Price per sq ft
$2,228

This 3-bedroom single-family home in ZIP 33480 sold for $3,850,000 on January 9, 2026. That was 7.2% below its final list price of $4,150,000. It spent 49 days on the market. At $2,228 per square foot, it closed 33.2% below the $3,335 median of the 3 other single-family home sales in the recent closings shown below.

3
Bedrooms
2
Bathrooms
1,728
Living Sq Ft
1927
Year Built

Listing Snapshot

Sold Price
$3,850,000
Sold On
January 9, 2026
Days on Site
49 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,728 sqft
Total Sq Ft
1,948 sqft
Lot Size
0.08 Acres
Year Built
1927
Property Type
Single Family
MLS #
R11140854
Property Tax
$46,771 (2025)
Subdivision
BUNGALOW PARK ADD
County
Palm Beach
Status
Sold

About This Property

Charming Palm Beach Island cottage with gorgeous Dade County Pine floors and remarkable volume throughout. This 3-bedroom, 2-bathroom home has been extensively renovated while maintaining many original elements that create the distinct Palm Beach Island vibe. Highlighted features include: an enclosed Florida sunroom front porch, hardwood floors, new impact windows, new bathrooms, new kitchen and appliances, new roof with multiple sky- lights, A/C systems, updated electrical, Tesla-charger, back-yard/patio with manicured landscape, and more. A perfect location too - Restaurants, boutiques, markets, beach and the lake trail just a few blocks away.

Virtual Tour

General Features

Property Type
Single Family
Status
Sold
Year Built
1927
Property Condition
Resale
Number of Stories
2
Levels
Two
Garage Spaces
0
Direction Faces
East
Lot Size (Acres)
0.08
Living Sq Ft
1,728
Total Sq Ft
1,948
Sewer
Public Sewer
Water Source
Public
Zoning
R-C(ci

Interior Features

Appliances
Dryer / Dishwasher / Electric Water Heater / Gas Range / Microwave / Refrigerator / Water Heater / Washer
Cooling
Central Air / Wall Window Units
Heating
Central / Other / Wall Furnace / Zoned
Flooring
Wood
Fireplace
Yes
Interior Features
Cathedral Ceilings / Eat In Kitchen / Family Dining Room / High Ceilings / Upper Level Primary / Vaulted Ceilings
Windows
Skylights
Main Level Bedrooms
3
Main Level Baths
1
Furnished
Unfurnished

Exterior Features

Construction
Frame / Stucco
Roof
Composition / Shingle
Exterior Features
Outdoor Living Area / Porch
Architectural Style
Other
Patio & Porch
Patio / Porch / Screened
Lot Features
Less Than Quarter Acre
Waterfront Features
None
View
Other

Community & HOA

Association Amenities
None
Utilities
Cable Available / Sewer Available / Water Available
Pets Allowed
Yes
Financing Terms
Cash
Restrictions
No Rv / No Restrictions
MLS Area
5002

Bungalow Park Add is a luxury community in Palm Beach, Palm Beach County, Florida. Properties are priced from $5,000,000 to $6,300,000. Pure Equity lists homes in Bungalow Park and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
2
Median List Price
$5,450,000
Median $/Sq Ft
$2,101
Avg Days on Market
110
View all 2 homes for sale in Bungalow Park →
How do I schedule a tour of 248 Park Avenue, Palm Beach, FL 33480?
Use the Tour button on this listing to request a showing of 248 Park Avenue, 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 248 Park Avenue, Palm Beach, FL 33480 still available?
248 Park Avenue, Palm Beach, FL 33480 is currently listed as Sold, and has been on the market 49 days. 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 248 Park Avenue, Palm Beach, FL 33480?
With 20% down ($830,000) on the $4,150,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 248 Park Avenue, Palm Beach, FL 33480 is about $21,810/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 248 Park Avenue, Palm Beach, FL 33480?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 248 Park Avenue, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 248 Park Avenue, Palm Beach, FL 33480?
Often, yes. The right offer on 248 Park Avenue, 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 Sotheby's Intl. Realty, 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 July 1, 2026.

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Listed by Patricia Harriet Mahaney, Sotheby's Intl. Realty, Inc.

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