$12,000,000
SOLD FEB 21, 2025

168 Kings Rd Palm Beach, FL 33480

5 Beds
7 Baths
4,875 Sq Ft
0.38 Acres

Recently Sold

$2,462 Per Sq Ft

21% Below List Price

399 Days on Market

Highlights

  • Wine Room
  • Gas Heated Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Regency Architecture

About This Home

As of February 2025

Welcome to 168 Kings Rd, a Classic Palm Beach Regency home located in the prestigious Estate Section of Palm Beach. This residence sits on an oversized 16,500+ sq ft lot and features a versatile 5 bedroom, 6.5 bath layout with generous ceiling heights and spacious rooms, making it an ideal space for entertaining and hosting guests.
The backyard offers a private retreat centered around a large, heated saltwater pool, complete with a covered area for dining and relaxation. Modern amenities include dual bathrooms in the primary suite, a wet bar, 1,000 bottle wine storage, impact glass, full house generator and air-conditioned 2-car garage. Conveniently located to all the Palm Beach lifestyle has to offer.

Last Agent to Sell the Property

Brooke Murphy

Compass Florida, LLC License #SL-3399869 Listed on: 01/12/2024

Compass Florida, LLC

Co-Listed By

Kyle Blackmon

Compass Florida, LLC License #3467907

Last Buyer's Agent

Cara McClure

Douglas Elliman License #SL-3177951

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,398

Year Built

  • Built in 1959

Lot Details

  • 0.38 Acre Lot
  • Waterfront
  • South Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned R-A - Estate Residential

Parking

  • Attached Garage

Home Design

  • Regency Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,875 Sq Ft Home
  • Wet Bar
  • Wine Room
  • Dining Room
  • Library
  • Storage

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door

Pool

  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Boulevard Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434335040000120

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,398

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 106
  • Subdivision Name: Boulevard Estates
  • Directions: South Ocean Blvd to Kings Rd, house is at end of the street on the left.
  • Architectural Style: Regency
  • Year Built: 1959
  • Location Tax Legal:Zoned: R-A - Estate Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 62398.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 4875.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 106
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 16710
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Pool:Salt Water: Yes
  • Style:Regency: Yes
  • Garage 2 Car: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Storage, Wet Bar, Wine Rm/Temp-Control
  • Living Area: 4875.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Wine RmTemp-Control: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Salt Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Sprinkler System, Impact Doors, Impact Windows
  • Roof: Other
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Air Conditioned
  • Garage: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Security System
  • Cooling: Multi Zone Air
  • Cooling Y N: Yes
  • Heating: Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 16710.0
  • Parcel #: 50434335040000120
  • Zoning: R-A - Estate Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 62398.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 21, 2025
Sold by
168 Kings Road Llc
Bought by
Cheatham Kendall and Cheatham Ashley Ciaburri
Seller's Agent
Brooke Murphy
Compass Florida, LLC
Buyer's Agent
Cara McClure
Douglas Elliman
List Price
$15,250,000
Sold Price
$12,000,000
Premium/Discount to List
-$3,250,000
-21.31%
Views
238
Current Estimated Value
$8,351,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,648,215
Avg. Annual Appreciation
-41.11%
Original Mortgage
$8,400,000
Outstanding Balance
$8,390,365
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$530,704

Purchase Details

Listed on
Apr 12, 2023
Closed on
Sep 19, 2023
Sold by
Jane B Baird Family Trust
Bought by
168 Kings Road Llc
Seller's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Brooke Murphy
Compass Florida LLC (PB)
List Price
$14,900,000
Sold Price
$14,000,000
Premium/Discount to List
-$900,000
-6.04%
Views
365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.22%

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jun 28, 2013
Sold by
Embrescia Thomas J
Bought by
Maird Jane B
Seller's Agent
MAUREEN WOODWARD
Brown Harris Stevens of Palm Beach 0039
Buyer's Agent
POLLY WULSIN
Brown Harris Stevens of Palm Beach 5225
List Price
$4,063,150
Sold Price
$4,063,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Bahary Norman and Bahary Homa
Bought by
Embrescia Thomas J

Purchase Details

Closed on
Sep 23, 1999
Sold by
Norman Angart Tr
Bought by
Bahary Norman and Bahary Homa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $12,000,000 None Listed On Document
Warranty Deed $14,000,000 None Listed On Document
Interfamily Deed Transfer $4,063,150 Premier Title Company Ltd
Warranty Deed $2,875,000 --
Warranty Deed $1,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,400,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $2,000,000 New Conventional
Previous Owner $250,000 Commercial
Previous Owner $350,000 Credit Line Revolving
Previous Owner $2,340,000 Unknown
Previous Owner $250,000 New Conventional
Previous Owner $1,590,000 New Conventional
Previous Owner $900,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $12,000,000 -13.7% $2,462 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
06/26/2024 06/26/24 Price Changed $13,900,000 -7.0% $2,851 / Sq Ft
04/09/2024 04/09/24 Price Changed $14,950,000 -2.0% $3,067 / Sq Ft
03/05/2024 03/05/24 For Sale $15,250,000 0.0% $3,128 / Sq Ft
02/22/2024 02/22/24 Off Market $15,250,000 -- --
01/12/2024 01/12/24 For Sale $15,250,000 +8.9% $3,128 / Sq Ft
09/19/2023 09/19/23 Sold $14,000,000 -6.0% $3,862 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $14,900,000 +266.7% $4,110 / Sq Ft
07/08/2013 07/08/13 Sold $4,063,150 0.0% $736 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $4,063,150 -- $736 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

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 $144,071 $9,608,285 -- --
2023 $62,398 $4,122,692 $0 $0
2022 $62,500 $4,002,614 $0 $0
2021 $63,594 $3,886,033 $0 $0
2020 $63,726 $3,832,380 $0 $0
2019 $63,604 $3,746,217 $0 $0
2018 $60,437 $3,676,366 $0 $0
2017 $60,463 $3,600,750 $0 $0
2016 $60,146 $3,526,690 $0 $0
2015 $62,204 $3,502,175 $0 $0
2014 $62,517 $3,475,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-68

APN: 50-43-43-35-04-000-0120