224 Phipps Plaza Palm Beach, FL 33480
Estimated payment $31,247/month
Highlights
- Guest House
- Traditional Architecture
- No HOA
- Palm Beach Public School Rated A-
- Lanai
- 1 Car Detached Garage
About This Home
Tucked away in the heart of Palm Beach, this quintessential island bungalow is a rare jewelbox, offering privacy, charm, and effortless indoor-outdoor living. Framed by lush tropical landscaping, the property unfolds as a serene retreat just moments from the Town's finest beaches, dining, and shopping. The main residence features two bedrooms and two-and-a-half bathrooms, highlighted by soaring ceiling heights and an abundance of natural light that creates an airy, relaxed atmosphere throughout. Thoughtfully designed living spaces flow seamlessly to multiple coquina patio areas, perfect for alfresco dining, entertaining, or quiet moments surrounded by nature. A one-bedroom guest house sits above the one-car garage, providing ideal accommodations for visitors or a private office or studio. Each structure is embraced by verdant gardens, enhancing the sense of seclusion and timeless Old Palm Beach elegance. This enchanting property captures the essence of classic Palm Beach livingan idyllic tropical sanctuary in an unparalleled central location. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,634
Year Built
- Built in 1938
Lot Details
- 5,780 Sq Ft Lot
- North Facing Home
- Back Yard Fenced
- Sprinkler System
- Property is zoned R-C - Medium Density Residential
Parking
- 1 Car Detached Garage
Home Design
- Traditional Architecture
- Poured Concrete
- Concrete Block And Stucco Construction
Interior Spaces
- 2,145 Sq Ft Home
- 1-Story Property
- Fireplace
- Double Hung Windows
- Living Room
Kitchen
- Single Oven
- Gas Range
- Freezer
- Dishwasher
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- In-Law or Guest Suite
- 4 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Lanai
Additional Features
- Guest House
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Plaza Pl Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434322090000041
Map
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 |
|---|---|---|---|---|
| 2025 | $11,074 | $1,514,665 | -- | -- |
| 2024 | $11,074 | $1,471,978 | -- | -- |
| 2023 | $21,507 | $1,429,105 | $0 | $0 |
| 2022 | $21,525 | $1,387,481 | $0 | $0 |
| 2021 | $21,897 | $1,347,069 | $0 | $0 |
| 2020 | $21,931 | $1,328,470 | $0 | $0 |
| 2019 | $21,881 | $1,298,602 | $0 | $0 |
| 2018 | $20,793 | $1,274,389 | $0 | $0 |
| 2017 | $20,788 | $1,248,177 | $0 | $0 |
| 2016 | $10,166 | $1,222,504 | $0 | $0 |
| 2015 | $21,211 | $1,214,006 | $0 | $0 |
| 2014 | $21,312 | $1,204,371 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | Pending | -- | -- | -- |
| 04/29/2026 04/29/26 | Price Changed | $5,500,000 | -6.8% | $2,564 / Sq Ft |
| 03/27/2026 03/27/26 | Price Changed | $5,900,000 | -9.2% | $2,751 / Sq Ft |
| 01/23/2026 01/23/26 | For Sale | $6,495,000 | 0.0% | $3,028 / Sq Ft |
| 09/19/2013 09/19/13 | Rented | $62,400 | 0.0% | -- |
| 08/20/2013 08/20/13 | Under Contract | -- | -- | -- |
| 08/16/2013 08/16/13 | For Rent | $62,400 | -- | -- |
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 | $500,000 | Attorney | |
| Warranty Deed | $1,450,000 | -- | |
| Warranty Deed | $675,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $960,000 | Purchase Money Mortgage | |
| Previous Owner | $575,000 | No Value Available | |
| Closed | $240,000 | No Value Available |
Source: Palm Beach Board of REALTORS®
MLS Number: 26-154
APN: 50-43-43-22-09-000-0041
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Ask me questions while you tour the home.