$10,400,000
SOLD FEB 14, 2025

314 Chilean Ave Palm Beach, FL 33480

4 Beds
6 Baths
4,195 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$2,479 Per Sq Ft

21% Below List Price

127 Days on Market

Highlights

  • Very Popular Property
  • Outdoor Pool
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of February 2025

INCREDIBLE OPPORTUNITY - BELOW APRAISED VALUE. This immaculate 4 BR 5.1 BA Mediterranean townhome is located in Palm Beach's most prime location, only two streets from Worth Avenue. This gated 4,812 square foot home offers a gracious open floor plan bathed in an abundance of light overlooking the private pool area through a wall of French doors. Featuring soaring ceilings, large elevator, custom wood paneled den\library, fireplace, two car garage, hurricane impact windows throughout, chef's eat in kitchen ,2 Miele dishwashers, Gas Dacor range, Dacor microwave, 2 Dacor double ovens, Sub zero refrigerator, butler's pantry and laundry room. The heated pool and spa area with cabana bath and tall private hedges make this perfect for outdoor entertaining. SEE MORE: Expansive owner's suite with his and her bathrooms and walk in closets are just off the sky lit landing which feeds to the other two spacious bedrooms with ensuite baths and walk in closets. Move in ready and could come with the furniture, ready for this season!

Last Agent to Sell the Property

Ashley Copeland

Brown Harris Stevens of Palm Beach 5225 License #SL-3079640 Listed on: 09/10/2024

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

JIM McCANN

Premier Estate Properties, Inc. - Palm Beach License #BK-397290

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $43,860

Year Built

  • Built in 2000

Lot Details

  • 7,841 Sq Ft Lot
  • Home has North and South Exposure
  • Back and Front Yard Fenced
  • Sprinkler System

Home Design

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

Interior Spaces

  • 4,195 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Dining Room
  • Library
  • Utility Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Impact Glass

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434323050110200

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$43,860

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size Acres: 0.18
  • Lot Size: .1794 acre
  • Directions: Located on the middle block of Chilean just two streets north of Worth Avenue.
  • Architectural Style: Mediterranean, Two Story
  • Building Name: N/A
  • Year Built: 2000
  • Location Tax Legal:Name of Building: N/A
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 43860.16
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 4195.0
  • General Property Description:Pool: Yes
  • General Property Description:_pound_ Units in Complex: 1
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): .1794 acre
  • General Property Description:Waterfrt: No
  • Exposure of Unit:North2: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Laundry:Laundry in Building: Yes
  • General Property Description:Lot SqFt: 7841
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Microwave, Washer, Dryer, Central Vac System, Range - Gas
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Bidet, Ceiling Fan, Elevator, Fireplace, Pantry
  • Living Area: 4195.0
  • Stories: 2
  • Window Features: Double Hung, Impact Glass
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes

Exterior Features

  • Lot Features: Other - See Remarks
  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Built-in Grill, Sprinkler System, Fence - Back Wall, Fence - Front Wall
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking:Garage2: Yes
  • Parking:Attached2: Yes
  • Parking:Door Opener2: Yes
  • Parking 2 Car2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Security System, Other Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 7841.0
  • Parcel #: 50434323050110200
  • Zoning: RC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 43860.16
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Feb 14, 2025
Sold by
Schachner William A and Schachner William M
Bought by
314 Chilean Ave Llc
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
-17.23%
Original Mortgage
$7,000,000
Outstanding Balance
$6,964,587
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$2,408,065

Purchase Details

Closed on
Dec 6, 2005
Sold by
Devenow Maudette
Bought by
Devenow Maudette H

Purchase Details

Closed on
May 24, 2000
Sold by
Euro Homes Iv Inc
Bought by
Devenow Chester and Devenow Maudette

Purchase Details

Closed on
Nov 14, 1997
Sold by
Alice Salvage and Nelson Maureen
Bought by
Euro Homes Iv Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.31%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Florida National Title Service
Warranty Deed $10,400,000 Florida National Title Service
Interfamily Deed Transfer -- --
Warranty Deed $2,762,500 --
Quit Claim Deed $100 --
Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,000,000 New Conventional
Previous Owner $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 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
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 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
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: 24-1286

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