$23,750,000
SOLD JUN 3, 2025
4 Beds
5 Baths
3,410 Sq Ft
0.26 Acres

Recently Sold

$6,965 Per Sq Ft

8% Below List Price

153 Days on Market

Highlights

  • Direct Ocean View
  • Outdoor Pool
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Waterfront
  • Wood Flooring

About This Home

As of June 2025

Experience the magic of Palm Beach living at 173 East Inlet Dr., a breathtaking four-bedroom plus a den/fifth bedroom direct waterfront residence that embodies the elegance and perfection of Palm Beach. With one of less than a dozen homes boasting such spectacular views, this property offers a rare chance to embrace the vibrant energy of island life.

When this home was designed by highly sought-after local architect Roger Janssen, the sky was the limit and no expense was spared. He collaborated with an acclaimed residential spa creator with luxury 5 star spa experience to bring this residential resort experience to life. You will find stunning and gracious living and entertaining spaces throughout, the kitchen of your dreams, expansive loggia spaces both poolside and oceanside, waterfront primary suite, waterfront den/office, and so much more. The ultimate indoor-outdoor lifestyle features are embodied in this magnificent residence and are what makes Palm Beach life what it is...magic.
This seamless integration of indoor and outdoor spaces are the hallmark of this elegant Palm Beach residence. The expansive living area, perfectly positioned between the ocean and the pool, invites you to relax in style. Step outside to your private pool, where refreshing swims await, or unwind on the spacious covered patio, complete with inviting living and dining areas that showcase spectacular waterfront views. This outdoor oasis is ideal for enjoying leisurely afternoons or hosting delightful gatherings with friends and family. Living at 173 East Inlet means fully embracing the Palm Beach lifestyle, characterized by elegance and leisure. Spend sun-kissed days at nearby pristine beaches, revel in world-class shopping along Worth Avenue, and indulge in an array of exquisite dining options that cater to every taste. The vibrant local culture, enriched with art galleries and seasonal events, guarantees there's always something new to discover. More than just a home, 173 East Inlet Dr. is your sanctuary of luxury and tranquility, capturing the essence of refined and elevated living. Do not miss the chance to call this extraordinary property your own and experience the ultimate in Palm Beach perfection.

Last Agent to Sell the Property

Kourtney Pulitzer

Sotheby's International Realty, Inc. License #SL-3278434 Listed on: 10/15/2024

Sotheby's International Realty, Inc.

Last Buyer's Agent

MARGIT BRANDT

Brown Harris Stevens of Palm Beach 6598 License #SL-3430177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,762

Year Built

  • Built in 2014

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • South Facing Home
  • Back and Front Yard Fenced
  • Property is zoned R-B - Low Density Residential

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,410 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Dining Area
  • Library
  • Utility Room
  • Direct Ocean Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sea Isle Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434234010000230

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,762

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 100
  • Subdivision Name: Sea Isle Estates
  • Architectural Style: Bermuda, One Story
  • Year Built: 2014
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 63762.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 3410.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Windows:Sliding: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 11326
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Waterfront:Ocean-Direct: Yes
  • Garage 2 Car: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Single, Washer, Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Living Area: 3410.0
  • Window Features: Impact Glass-Full, Sliding
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Fence-Front Wall, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Door Opener
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 11326.0
  • Parcel #: 50434234010000230
  • Zoning: R-B - Low Density Residential

Tax Info

  • Tax Annual Amount: 63762.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Jun 2, 2025
Sold by
Hedley Lisa A and Wick Walter D
Bought by
173 E Inlet Land Trust and Tighe
Seller's Agent
Kourtney Pulitzer
Sotheby's International Realty, Inc.
Buyer's Agent
MARGIT BRANDT
Brown Harris Stevens of Palm Beach 6598
List Price
$25,900,000
Sold Price
$23,750,000
Premium/Discount to List
-$2,150,000
-8.3%
Total Days on Market
153
Views
90
Current Estimated Value
$11,099,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,650,714
Avg. Annual Appreciation
-94.64%
Original Mortgage
$13,800,000
Outstanding Balance
$13,771,818
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$2,672,532

Purchase Details

Closed on
Mar 1, 2017
Sold by
Mnuchin Robert
Bought by
Hedley Lisa A and The Lily Claire Hedley Trust

Purchase Details

Listed on
May 3, 2012
Closed on
Dec 7, 2012
Sold by
Raffo Richard A
Bought by
Hedley Lisa A
Seller's Agent
SUSAN REYMOND
Sotheby's International Realty, Inc.
Buyer's Agent
JAMES MCCANN
THE CORCORAN GROUP
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$1,200,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Source: Public Records

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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 $23,750,000 None Listed On Document
Warranty Deed $23,750,000 None Listed On Document
Quit Claim Deed -- Attorney
Warranty Deed $2,850,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $13,800,000 New Conventional
Closed $13,800,000 New Conventional
Previous Owner $3,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,300,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,200,000 New Conventional
Previous Owner $805,000 Unknown
Previous Owner $803,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Sold $23,750,000 -4.8% $6,965 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $24,950,000 -3.7% $7,317 / Sq Ft
10/15/2024 10/15/24 For Sale $25,900,000 +808.8% $7,595 / Sq Ft
12/07/2012 12/07/12 Sold $2,850,000 0.0% $956 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $2,850,000 -- $956 / 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 $63,762 $4,314,175 -- --
2023 $62,479 $4,188,519 $0 $0
2022 $62,583 $4,066,523 $0 $0
2021 $63,597 $3,948,081 $0 $0
2020 $64,487 $3,893,571 $0 $0
2019 $64,364 $3,806,032 $0 $0
2018 $61,144 $3,735,066 $0 $0
2017 $61,176 $3,658,243 $0 $0
2016 $61,115 $3,583,000 $0 $0
2015 $63,205 $3,558,093 $0 $0
2014 $49,028 $2,645,544 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1468

APN: 50-43-42-34-01-000-0230