$1,200,000
Sold · August 8, 2025
40 Cayman Place
Explore the area: Palm Beach Gardens homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $1,200,000
- Vs. list price
- 5.5% under
- Days on market
- 101
- Price per sq ft
- $449
This 4-bedroom single-family home in The Island sold for $1,200,000 on August 8, 2025. That was 5.5% below its final list price of $1,270,000. It first came on the market at $1,295,000, so the price was adjusted before it sold. It spent 101 days on the market.
Listing Snapshot
- Sold Price
- $1,200,000
- Sold On
- August 8, 2025
- Days on Site
- 101 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 2,675 sqft
- Total Sq Ft
- 3,561 sqft
- Lot Size
- 0.26 Acres
- Year Built
- 1990
- Property Type
- Single Family
- MLS #
- R11049642
- Property Tax
- $16,776 (2024)
- HOA Fees
- $400
- Subdivision
- The Island
- Development
- PGA
- County
- Palm Beach
- Status
- Sold
About This Property
Escape to an exclusive island enclave within PGA National and embrace a life of unparalleled privacy and luxury. This stunning 4 bedroom, 3 bathroom single-story residence, custom-built by Sabatello, offers serene living with no rear neighbors, backing directly onto a pristine 240-acre nature preserve. Step through impact glass sliders onto an oversized, screened brick paver patio featuring a spacious covered area for alfresco dining. The heated pool and spa serve as the centerpiece for your personal tropical oasis, where you can unwind to the sights and sounds of the manicured landscape and private preserve. Designed with impeccable taste, the interior boasts breathtaking views from every major living area. Enjoy peace of mind with 24/7 gated security, 2013 roof, and 2022 pool heater. The gourmet kitchen is a chef's delight, appointed with custom cabinetry and a high-end induction cooktop. The thoughtfully designed floor plan includes generous bedrooms and large walk-in closets, ensuring comfort and convenience. This home is a rare gem that will not disappoint.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1990
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Parking
- Garage / Garage Door Opener
- Direction Faces
- West
- Lot Size (Acres)
- 0.26
- Living Sq Ft
- 2,675
- Total Sq Ft
- 3,561
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- Residential
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans / Reverse Cycle
- Heating
- Central / Electric / Zoned
- Flooring
- Carpet / Ceramic Tile
- Spa
- Yes
- Spa Features
- Heated / In Ground
- Interior Features
- Attic / Breakfast Bar / Breakfast Area / Bathtub / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Garden Tub Roman Tub / Main Level Primary / Pull Down Attic Stairs / Split Bedrooms / Soaking Tub / Separate Shower
- Laundry
- Inside
- Windows
- Blinds / Double Hung / Drapes / Metal / Single Hung / Sliding
- Main Level Bedrooms
- 4
- Main Level Baths
- 3
- Total Rooms
- 11
Exterior Features
- Construction
- Block
- Roof
- Barrel / Spanish Tile
- Exterior Features
- Outdoor Living Area
- Architectural Style
- Colonial / Traditional
- Private Pool
- Yes
- Pool Features
- Heated / In Ground
- Lot Features
- Sprinklers Automatic / Less Than Quarter Acre
- Waterfront Features
- None
- View
- Garden / Pool
Community & HOA
- HOA Fee
- $400
- Association Amenities
- Fitness Center / Golf Course / Picnic Area / Playground / Pickleball / Park / Tennis Courts
- Community Features
- Home Owners Association / Gated / Street Lights
- Security
- Gated With Guard / Gated Community / Smoke Detectors
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Breed Restrictions
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Boats / No Commercial Vehicles / No Motorcycles / No Rv / No Truck / Parking Restrictions / Rental Restriction
- MLS Area
- 5360
About the Community
- Homes for Sale
- 0
- Under Contract
- 0
Frequently Asked Questions
- How do I schedule a tour of 40 Cayman Place, Palm Beach Gardens, FL 33418?
- Use the Tour button on this listing to request a showing of 40 Cayman Place, Palm Beach Gardens, FL 33418. 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 40 Cayman Place, Palm Beach Gardens, FL 33418 still available?
- 40 Cayman Place, Palm Beach Gardens, FL 33418 is currently listed as Sold, and has been on the market 101 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 40 Cayman Place, Palm Beach Gardens, FL 33418?
- With 20% down ($254,000) on the $1,270,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 40 Cayman Place, Palm Beach Gardens, FL 33418 is about $6,674/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 40 Cayman Place, Palm Beach Gardens, FL 33418?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 40 Cayman Place, Palm Beach Gardens, FL 33418. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 40 Cayman Place, Palm Beach Gardens, FL 33418 have an HOA fee?
- Yes: 40 Cayman Place, Palm Beach Gardens, FL 33418 carries an HOA fee of about $400 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 40 Cayman Place, Palm Beach Gardens, FL 33418?
- Often, yes. The right offer on 40 Cayman Place, Palm Beach Gardens, FL 33418 depends on how it's priced against comparable single family sales in Palm Beach Gardens, 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 Illustrated Properties
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.
$1,200,000
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Listed by Linda A Baughman, Illustrated Properties
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Recent Sales
Recently sold homes in The Island
These are the last 3 recorded closings in The Island, with the price each home actually sold for rather than what it was listed at. They closed at a median of $399 per square foot. The most recent closed on August 21, 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$1,335,000
Sold · August 21, 2026
10 Martinique Cove
4 bed · 4.5 bath · 3,346 sqft · $399/sqft
$155,000 under the asking price
Sold$1,200,000
Sold · January 26, 2026
42 Cayman Place
4 bed · 3 bath · 2,873 sqft · $418/sqft
$49,000 under the asking price
Sold$468,000
Sold · October 31, 2025
6191 NW 2nd Street 6191
4 bed · 3 bath · 2,024 sqft · $231/sqft
$30,000 under the asking price
See every recorded sale in The Island or find out what your The Island home is worth.
