$5,006,300
SOLD MAY 19, 2025

328 Chilean Ave Palm Beach, FL 33480

4 Beds
4 Baths
2,184 Sq Ft
$158/mo HOA Fee

Recently Sold

$2,292 Per Sq Ft

9% Below List Price

13 Days on Market

Highlights

  • Cabana
  • Marble Flooring
  • Wine Refrigerator
  • Palm Beach Public School Rated A-
  • Lanai
  • Hurricane or Storm Shutters

About This Home

As of May 2025

Don't miss this charming townhome in the heart of town just steps to Worth Avenue and restaurants. Beautifully updated this 2,184 sq. ft. 4 Bedroom 3.5 bath has vaulted ceilings, a fireplace, Chef's kitchen with Thermador gas stove, hardwood flooring, built in cabinetry and French doors opening to a sun-drenched courtyard and heated spa. The detached 1 bedroom one bath guest cabana has telescoping sliding doors providing a lovely area for entertaining. Lush tropical landscaping provides total privacy. Meticulously maintained, this special home is move in ready!

Last Agent to Sell the Property

Ashley Copeland

Brown Harris Stevens of Palm Beach 5225 License #SL-3079640 Listed on: 04/04/2025

Brown Harris Stevens of Palm Beach 5225

Last Buyer's Agent

John Cregan

Sotheby's International Realty, Inc. License #3439962

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $53,568

Year Built

  • Built in 1924

Lot Details

  • Home has North and South Exposure
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $158 Monthly HOA Fees

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Dining Area

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • No Garage

Outdoor Features

  • Cabana
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434327800003280

Community Details

Overview

  • Association fees include sewer, water
  • 2 Units
  • Chilean Condominium Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$53,568

Year Built

Built in 1924

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Chilean Condominium
  • Garage Yn: Yes
  • Year Built: 1924
  • Location Tax Legal:Name of Building: Chilean Condominium
  • Location Tax Legal:Zoned: RC
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 53568.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 2184.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 475.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 2
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Pets:Pets Allowed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Oven-Single, Microwave, Washer, Dryer, Range - Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 2184.0
  • Stories: 2
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Patio/Lanai, Cabana, Storm Shutters, Sprinkler System, Fence - Back Wall
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327800003280
  • Zoning: RC

Multi Family

  • Number Of Units Total: 2
  • Maintenance Expense: 475.0

Tax Info

  • Tax Annual Amount: 53568.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 16, 2025
Sold by
Benson Douglas R and Dassenko Paul E
Bought by
Cathy B Graham Revocable Trust and Graham
Seller's Agent
Ashley Copeland
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
John Cregan
Sotheby's International Realty, Inc.
List Price
$5,495,000
Sold Price
$5,006,300
Premium/Discount to List
-$488,700
-8.89%
Views
15
Current Estimated Value
$5,206,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,722
Avg. Annual Appreciation
13.00%

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 28, 2022
Sold by
Martin Sprock Iii Howard
Bought by
Benson Douglas R and Dassenko Paul E
Seller's Agent
Adam McPherson
Douglas Elliman
Buyer's Agent
Ashley Copeland
Brown Harris Stevens of Palm Beach 5225
List Price
$4,195,000
Sold Price
$4,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Listed on
Feb 23, 2021
Closed on
Feb 26, 2021
Sold by
Pirrie James Mcnab and Carey Marianne
Bought by
Sprock Howard Martin
Seller's Agent
Adam McPherson
Douglas Elliman
Buyer's Agent
Adam McPherson
Douglas Elliman
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.37%

Purchase Details

Listed on
Jan 21, 2014
Closed on
Aug 22, 2014
Sold by
Davis Terrie A
Bought by
Pirrie James Mcnab
Seller's Agent
Crissy Poorman
Sotheby's Intl. Realty, Inc.
Buyer's Agent
John Dewing, Jr.
Sotheby's Intl. Realty, Inc.
List Price
$2,200,000
Sold Price
$2,150,000
Premium/Discount to List
-$50,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
May 22, 2009
Sold by
Drennen Daniel Edward
Bought by
Davis Terrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
326-328 Chilean Ave Llc
Bought by
Drennen Daniel Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Warranty Deed $5,006,300 Equity Land Title
Warranty Deed $5,006,300 Equity Land Title
Warranty Deed $4,195,000 Gunster Yoakley & Stewart Pa
Warranty Deed $3,000,000 Attorney
Warranty Deed $3,000,000 Mcpherson Bradley
Warranty Deed $2,075,000 Attorney
Warranty Deed $2,000,000 Attorney
Warranty Deed $1,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $400,000 Credit Line Revolving
Previous Owner $1,425,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $5,006,300 -8.9% $2,292 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $5,495,000 +31.0% $2,516 / Sq Ft
02/28/2022 02/28/22 Sold $4,195,000 -7.0% $1,921 / Sq Ft
02/28/2022 02/28/22 Sold $4,510,000 +7.5% $1,730 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/21/2022 01/21/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $4,195,000 -6.6% $1,921 / Sq Ft
08/18/2021 08/18/21 For Sale $4,490,000 +49.7% $1,722 / Sq Ft
02/26/2021 02/26/21 Sold $3,000,000 0.0% $1,168 / Sq Ft
02/26/2021 02/26/21 Sold $3,000,000 0.0% $1,168 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $3,000,000 -6.3% $1,168 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
10/05/2020 10/05/20 For Sale $3,200,000 +48.8% $1,246 / Sq Ft
08/26/2014 08/26/14 Sold $2,150,000 0.0% $984 / Sq Ft
08/26/2014 08/26/14 Sold $2,150,000 -2.3% $837 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/27/2014 07/27/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $2,200,000 +2.3% $857 / Sq Ft
10/19/2012 10/19/12 For Sale $2,150,000 -- $984 / 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 $53,568 $3,605,000 -- --
2023 $52,457 $3,500,000 $0 $3,500,000
2022 $44,009 $2,808,000 $0 $0
2021 $37,608 $2,400,000 $0 $2,400,000
2020 $33,519 $2,000,000 $0 $2,000,000
2019 $32,538 $1,900,000 $0 $1,900,000
2018 $31,502 $1,900,000 $0 $1,900,000
2017 $30,677 $1,810,000 $0 $0
2016 $29,767 $1,725,000 $0 $0
2015 $31,000 $1,725,000 $0 $0
2014 $29,587 $1,625,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 25-628

APN: 50-43-43-27-80-000-3280