NOT LISTED FOR SALE

314 Chilean Ave Palm Beach, FL 33480

Estimated Value: $8,455,000 - $11,317,000

4 Beds
6 Baths
4,195 Sq Ft
$2,391/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2026

Last sale price $12,800,000 $3,051 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $57,044 / mo

97 Days on Market

Highlights

  • Pool and Spa
  • Viking Appliances
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of February 2026

Perfectly situated just two blocks from the world-renowned shopping and dining of Worth Avenue, this newly renovated (see document section for upgrade list) exquisite 4-bedroom, 4.1-bath property epitomizes the sophistication of Palm Beach living. Spanning 4,812 square feet, the residence seamlessly combines timeless architectural elegance with modern luxury. Step inside to soaring ceilings, a striking decorative fireplace, and extensive crown molding that highlight the home's craftsmanship. Rich custom wood paneling adds depth and warmth throughout, while the expansive primary suite serves as a private sanctuary complete with dual bathrooms, custom built-in closets, and serene privacy. Designed for effortless living, the home features a private elevator, full impact glass, and a gourmet eat-in kitchen outfitted with Viking dual dishwashers, a gas cooktop, butler's pantry, and a spacious laundry room. Outside, lush tropical landscaping envelops the heated pool and spa, framed by tall hedges that create a secluded oasis ideal for entertaining or quiet relaxation. This remarkable townhome presents a rare opportunity to experience the very best of Palm Beach where elegance, comfort, and location converge perfectly. Please see the document section for all upgrades.

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club Communities 6621 License #SL-0465514 Listed on: 11/05/2025

Waterfront Properties & Club Communities 6621

Last Buyer's Agent

Jeffrey Cloninger

Sotheby's International Realty, Inc. License #BK-619094

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $130,707

Year Built

  • Built in 2000

Lot Details

  • 7,841 Sq Ft Lot
  • North Facing Home
  • Fenced Front Yard
  • Property is zoned R-C - Medium Density Residential

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Poured Concrete
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,195 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Crown Molding
  • Fireplace
  • Living Room
  • Dining Room
  • Library
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Viking Appliances
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Pool and Spa
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050110200

Home Details

Home Type

Single Family

Est. Annual Taxes

$130,707

Year Built

Built in 2000

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 0.1794 Acre
  • Subdivision Name: Royal Park
  • Directions: Royal Palm Way East - Turn Right on Hibiscus Ave. then a Right on Chilean Ave. Home is on the left.
  • Architectural Style: Mediterranean
  • Garage Yn: Yes
  • Year Built: 2000
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 130706.91
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 4195.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • 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): 0.1794 Acre
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 7841
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Roof:Barrel Tile: Yes
  • Auto Garage Door Opener: Yes
  • Style:Mediterranean: Yes
  • Construction: Stucco: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, W/W Carpeting, Other Flooring
  • Interior Amenities: Elevator, Fireplace, Wet Bar, Pantry
  • Living Area: 4195.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Construction Type: Stucco, Concrete
  • Exterior Features: Balcony, Fence-Front Wall, Impact Doors, Impact Windows
  • Patio And Porch Features: Patio/Lanai
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Door Opener
  • Garage: Yes
  • Garage: Garage Spaces: 2.0

Utilities

  • Security: Other Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 50434323050110200
  • Zoning: R-C - Medium Density Residential

Tax Info

  • Tax Annual Amount: 130706.91
  • Tax Year: 2024

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2025
Closed on
Feb 27, 2026
Sold by
Bought by
Seller's Agent
Robert Thomson
Waterfront Properties & Club Communities 6621
Buyer's Agent
Jeffrey Cloninger
Sotheby's International Realty, Inc.
List Price
$16,000,000
Sold Price
$12,800,000
Premium/Discount to List
-$3,200,000
-20%
Views
272
Current Estimated Value
$8,708,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,091,104
Avg. Annual Appreciation
-48.29%
Original Mortgage
$8,750,000
Interest Rate
0.0618%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 10, 2024
Closed on
Feb 14, 2025
Sold by
Bought by
Seller's Agent
Ashley Copeland
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
List Price
$13,190,000
Sold Price
$10,400,000
Premium/Discount to List
-$2,790,000
-21.15%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.10%
Original Mortgage
$7,000,000
Interest Rate
0.0693%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2005
Sold by
Bought by

Purchase Details

Closed on
May 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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 Buyer Sale Price Title Company
$11,900,000 Florida National Title Service
$10,400,000 Florida National Title Service
-- Florida National Title Service
-- --
$2,762,500 --
$500,000 --
$100 --
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 Borrower Loan Amount
Closed $7,000,000
Closed $8,750,000
Closed $7,000,000
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
02/27/2026 02/27/26 Sold $12,800,000 -6.9% $3,051 / Sq Ft
02/10/2026 02/10/26 Pending -- -- --
01/27/2026 01/27/26 Price Changed $13,750,000 -1.8% $3,278 / Sq Ft
01/12/2026 01/12/26 Price Changed $14,000,000 -5.7% $3,337 / Sq Ft
12/08/2025 12/08/25 Price Changed $14,850,000 -7.2% $3,540 / Sq Ft
11/05/2025 11/05/25 For Sale $16,000,000 +53.8% $3,814 / Sq Ft
02/14/2025 02/14/25 Sold $10,400,000 -12.6% $2,479 / Sq Ft View Prior Sale
01/15/2025 01/15/25 Pending -- -- --
12/16/2024 12/16/24 Price Changed $11,900,000 -6.3% $2,837 / Sq Ft
11/13/2024 11/13/24 Price Changed $12,699,000 -2.2% $3,027 / Sq Ft
10/14/2024 10/14/24 Price Changed $12,990,000 -1.5% $3,097 / Sq Ft
09/10/2024 09/10/24 For Sale $13,190,000 -- $3,144 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $120,059 $8,010,314 -- --
2024 $130,707 $8,726,342 -- --
2023 $43,860 $2,907,965 $0 $0
2022 $43,992 $2,823,267 $0 $0
2021 $44,757 $2,741,036 $0 $0
2020 $44,845 $2,703,191 $0 $0
2019 $44,755 $2,642,415 $0 $0
2018 $42,526 $2,593,145 $0 $0
2017 $42,538 $2,539,809 $0 $0
2016 $42,265 $2,487,570 $0 $0
2015 $43,708 $2,470,278 $0 $0
2014 $43,918 $2,450,673 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 25-1637

APN: 50-43-43-23-05-011-0200

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