$14,995,000
NEW CONSTRUCTION

Estimated payment $88,835/month

Total Views 18,010
4 Beds
4.5 Baths
4,187 Sq Ft
$3,581 Price per Sq Ft

Highlights

  • New Construction
  • Pool
  • Vaulted Ceiling
  • Palm Beach Public School Rated A-
  • Wolf Appliances
  • Soaking Tub and Shower Combination in Primary Bathroom

About This Home

Exceptional new construction located in the coveted North End of Palm Beach, 206 Caribbean Road is a meticulously designed two-story residence offering timeless architecture, refined interiors, and seamless indoor-outdoor living, with anticipated completion at the end of March 2026. Thoughtfully designed for both everyday comfort and elegant entertaining, the home features dramatic vaulted ceilings with exposed wood beam detailing, expansive impact glass doors, and an open concept great room that flows effortlessly into the covered loggia and resort style saltwater pool and spa. Expansive impact sliding glass walls and doors create seamless indoor-outdoor living while filling the space with natural light. The outdoor entertaining area is complemented by a fully equipped summer kitchen and relaxing lounge area, creating the perfect setting for hosting while surrounded by lush, private landscaping. The custom chef's kitchen is centered around an oversized island with natural stone countertops, bespoke cabinetry, and premium Sub-Zero and Wolf appliances. High ceilings, wide-plank flooring, and carefully crafted millwork continue throughout the home, reflecting exceptional quality and attention to detail. The first floor primary suite offers a private retreat with a spa inspired bath featuring full stone finishes, walk-in shower with seating, custom vanity, and a boutique style dressing room. A flexible downstairs den can also serve as a fourth bedroom or guest suite, while additional guest bedrooms upstairs provide comfort and privacy. Designed with a focus on modern convenience and security, the residence features a full Lutron low-voltage lighting system, integrated smart home capabilities, a comprehensive security system, and a generator for added peace of mind. Ideally situated just steps away from the beach with convenient nearby access, this is a rare opportunity to own a newly constructed home where every detail was thoughtfully considered.

Co-Listing Agent

Michael Costello

Compass Florida LLC License #3336872

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,958

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 9,746 Sq Ft Lot
  • North Facing Home
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage
  • Parking Garage Space

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,187 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Vaulted Ceiling
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Wolf Appliances
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Fence, Lighting or Alarms
  • Complete Impact Glass
  • Fire and Smoke Detector

Pool

Outdoor Features

  • Patio
  • Outdoor Grill

Schools

  • Palm Beach Public Elementary School
  • John F. Kennedy Middle School
  • Palm Beach Lakes High School

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434234020000980

Community Details

Overview

  • No Home Owners Association
  • Boca Ratone Colet Subdivision

Amenities

  • Secure Lobby

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,958

Year Built

Built in 2026 | New Construction

Lot Details

9,746 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2026
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: FLL273007303
  • Co List Office Phone: 561-270-5384
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 2
  • Lot Size Acres: 0.22
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: BOCA RATONE COLET
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 14995000
  • ShowingTimeFlag: Yes
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Split Bedroom, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 4187
  • Other Equipment: Natural Gas
  • Stories: 2
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Laundry, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only, Tub Only

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Exterior Features: Built-In Grill
  • Construction Type: Concrete Block Construction, CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Smoke Alarm, Smoke Detector(s), Owned Burglar Alarm, Security System, Smoke Detector, Lobby Secured, Burglar Alarm, Unit Alarm
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: Private Pool
  • Association: No

Schools

  • Elementary School: Palm Beach Public
  • High School: Palm Beach Lakes
  • Middle Or Junior School: John F. Kennedy

Lot Info

  • Parcel Number: 50434234020000980
  • Lot Size Sq Ft: 9746
  • Zoning: R-B(ci

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 77958

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $77,958 $5,192,630
2024 $81,328 $5,418,776
2023 $60,113 $3,741,489 $0 $0
2022 $53,385 $3,401,354 $0 $0
2021 $7,593 $450,012 $0 $0
2020 $33,653 $1,984,747 $1,983,311 $1,436
2019 $7,562 $433,821 $0 $0
2018 $7,212 $425,732 $0 $0
2017 $7,187 $416,976 $0 $0
2016 $6,511 $408,400 $0 $0
2015 $6,728 $405,561 $0 $0
2014 $6,758 $402,342 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2026 03/02/26 For Sale $14,995,000 +274.9% $3,581 / Sq Ft
06/08/2021 06/08/21 Sold $4,000,000 +9.6% $2,109 / Sq Ft View Prior Sale
05/09/2021 05/09/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $3,650,000 -- $1,924 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $6,500,000 None Listed On Document
Warranty Deed $4,000,000 Trident Title
Warranty Deed $4,000,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $7,970,000 New Conventional
Previous Owner $183,900 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: R11168054

MIAMI REALTORS® MLS

APN: 50-43-42-34-02-000-0980

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