NOT LISTED FOR SALE

229 Pendleton Ave Palm Beach, FL 33480

Estimated Value: $7,651,989 - $8,018,000

5 Beds
5 Baths
3,360 Sq Ft
$2,322/Sq Ft Est. Value

Highlights

  • On Golf Course
  • Private Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Wolf Appliances
  • Furnished

About This Home

As of October 2025

Exceptional home abutting the Breakers Golf Course with expansive views on Prestigious Pendleton Avenue...A quiet ,one-way, in town street steps from the Beach, The Royal, restaurants and shops. Renovated 2 story Monterey-style, 5 BD, 5 BA pool home, with guest house. Gracious living room with hardwood floors, gas fireplace, and lots of light. Formal dining room, pecky cypress loggia/family room overlooking the pool and golf course. Custom eat-in kitchen with Sub Zero /Wolf appliances, gas oven/stove, wine & beverage refrigerators, & marble countertops. Master suite, with sitting room/office. First floor T.V Room/Office or potentially a 5th bedroom. 2 Car Garage. One of only 11 homes on the Breakers Golf Course. *** leased October 1, 2025 thru April 1, 2026, $75,000 per month***

Last Agent to Rent the Property

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 03/04/2025

Last Renter's Agent

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 03/04/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • On Golf Course
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Entrance Foyer
  • Golf Course Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Wolf Appliances
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/1/25
  • Assessor Parcel Number 50434322010010061

Community Details

Overview

  • Reverie Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2025-08-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1950
  • Entry Level: 1
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Fireplace, Pantry
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Other, Wood
  • Living Area: 3360.0

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course
  • Lot Features: On Golf Course, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Golf, Golf Course Community, Non-Gated
  • Senior Community: No
  • Amenities: Golf Course
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434322010010061
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre,Golf Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
Jul 28, 2015
Sold by
Olsson Linda R
Bought by
Pb Luxury Properties Llc
Seller's Agent
Linda R Olsson
Linda R. Olsson Inc.
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
Sold Price
$240,000
Current Estimated Value
$7,801,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,561,996

Purchase Details

Closed on
May 29, 2003
Sold by
Cataldo Doris M
Bought by
Olsson Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,220
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pb Luxury Properties Llc -- Attorney
Olsson Linda R $1,134,025 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsson Linda R $907,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2025 10/04/25 Off Market $75,000 -- --
10/01/2025 10/01/25 Rented $75,000 +36.4% --
04/23/2025 04/23/25 Price Changed $55,000 -15.4% $16 / Sq Ft
03/04/2025 03/04/25 For Rent $65,000 -81.9% --
11/27/2024 11/27/24 Rented $360,000 +380.0% --
09/30/2024 09/30/24 Price Changed $75,000 +36.4% $22 / Sq Ft
05/31/2024 05/31/24 Price Changed $55,000 -8.3% $16 / Sq Ft
03/28/2024 03/28/24 Price Changed $60,000 +9.1% $18 / Sq Ft
02/26/2024 02/26/24 For Rent $55,000 +10.0% --
04/19/2022 04/19/22 For Rent $50,000 -83.3% --
04/19/2022 04/19/22 Rented $300,000 +300.0% --
10/12/2021 10/12/21 Rented $75,000 +25.0% --
09/12/2021 09/12/21 Under Contract -- -- --
06/02/2021 06/02/21 For Rent $60,000 -81.5% --
06/11/2020 06/11/20 Rented $324,000 0.0% --
05/12/2020 05/12/20 Under Contract -- -- --
04/09/2020 04/09/20 For Rent $324,000 +1700.0% --
04/30/2018 04/30/18 Rented $18,000 0.0% --
03/31/2018 03/31/18 Under Contract -- -- --
03/31/2016 03/31/16 For Rent $18,000 -92.5% --
06/03/2015 06/03/15 Rented $240,000 0.0% --
05/04/2015 05/04/15 Under Contract -- -- --
02/02/2015 02/02/15 For Rent $240,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $75,769 $4,080,744 -- --
2024 $75,769 $3,709,767 -- --
2023 $67,531 $3,372,515 $0 $0
2022 $63,338 $3,065,923 $0 $0
2021 $46,250 $2,787,203 $2,400,000 $387,203
2020 $44,250 $2,680,759 $2,100,000 $580,759
2019 $41,924 $2,543,921 $2,100,000 $443,921
2018 $35,739 $2,130,283 $1,862,275 $268,008
2017 $33,883 $1,973,961 $1,692,977 $280,984
2016 $36,228 $2,090,721 $0 $0
2015 $35,667 $1,975,998 $0 $0
2014 $33,842 $1,849,816 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11067877

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-01-001-0061