$6,495,000

228 Phipps Plaza Palm Beach, FL 33480

Estimated payment $38,263/month

Total Views 12,258
2 Beds
2 Baths
1,318 Sq Ft
$4,928 Price per Sq Ft

Highlights

  • Waterfront
  • Traditional Architecture
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Sun or Florida Room

About This Home

Walk back through time as you approach architect Howard Major's personal cottage nestled in historic Phipps Plaza, one block from the Ocean in midtown Palm Beach. Built in 1941 by the renowned architect and landmarked, the classic, Florida-style cottage sits in a secluded setting in the Phipps Plaza cul-de-sac, surrounded by lush greenery. Included in the purchase is an adjoining landscaped lot which has the potential for a pool or water feature.

Listing Agent

PAT McINERNEY

Brown Harris Stevens of Palm Beach 6598 License #569864 Listed on: 02/14/2025

Brown Harris Stevens of Palm Beach 6598

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,913

Year Built

  • Built in 1941

Lot Details

  • 7,646 Sq Ft Lot
  • Waterfront
  • Home has East and West Exposure
  • Irregular Lot
  • Property is zoned RC

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,318 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Fireplace
  • Double Hung Windows
  • Living Room
  • Dining Area
  • Library
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Plaza Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322090000051

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,913

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: irr
  • Subdivision Name: Plaza Pl
  • Directions: Royal Palm Way to S County, then left to Phipps Plaza.
  • Architectural Style: Traditional, One Story
  • Year Built: 1941
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 43913.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1318.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): irr
  • Floors:Hardwood: Yes
  • General Property Description:Lot SqFt: 7646
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Exposure:East: Yes
  • Exposure:West: Yes
  • Lot Size:Irregular Lot: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Single, Microwave, Washer, Dryer, Central Vac System
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Cable, Fireplace, Storage
  • Living Area: 1318.0
  • Window Features: Double Hung
  • Interior Features:Storage: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes

Exterior Features

  • Lot Features: Irregular Lot
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai
  • Roof: Asphalt
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Security: No Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 7646.0
  • Parcel #: 50434322090000051
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 43913.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $43,913 $1,718,125 -- --
2023 $37,038 $1,561,932 $0 $0
2022 $27,189 $1,419,938 $0 $0
2021 $22,997 $1,468,106 $1,461,649 $6,457
2020 $20,230 $1,180,895 $1,176,000 $4,895
2019 $18,796 $1,066,821 $1,064,000 $2,821
2018 $18,516 $1,085,510 $1,080,679 $4,831
2017 $17,255 $986,626 $982,436 $4,190
2016 $16,416 $916,995 $0 $0
2015 $15,259 $833,632 $0 $0
2014 $14,089 $757,992 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Price Changed $6,495,000 -3.8% $4,928 / Sq Ft
02/14/2025 02/14/25 For Sale $6,750,000 -- $5,121 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $950,000 Attorney
Special Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 Purchase Money Mortgage
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-296

APN: 50-43-43-22-09-000-0051

Florida Palm Beach County Palm Beach 33480

228 Phipps Plaza, Palm Beach, FL

This home is located at 228 Phipps Plaza, Palm Beach, FL 33480 and is currently priced at $6,495,000, approximately $4,927 per square foot. This property was built in 1941. 228 Phipps Plaza is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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Listing Agent
PAT McINERNEY
Section Image
Brown Harris Stevens of Palm Beach 6598
(561) 363-3219