
$3,850,000
Sold · January 9, 2026
248 Park Avenue
Palm Beach, FL 33480
Explore the area: Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
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.
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 TourGeneral 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
About the Community
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
Frequently Asked Questions
- 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.
$3,850,000
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Listed by Patricia Harriet Mahaney, Sotheby's Intl. Realty, 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 1, 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$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
Sold$250,000
Sold · September 28, 2026
3589 S Ocean Boulevard 19
1 bed · 2 bath · 922 sqft · $271/sqft
$9,000 under the asking price
See every recorded sale in ZIP 33480 or find out what your ZIP 33480 home is worth.



