NOT LISTED FOR SALE

334 Chilean Ave Palm Beach, FL 33480

Estimated Value: $8,213,000 - $15,357,531

0.22 Acres
$46,139,241 Price per Acre
9,583 Sq Ft Lot

Sale Details

Date Sold: March 1, 2022

Last sale price $8,500,000 $2,275 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $61,760 / mo

200 Days on Market

Highlights

  • Partially Wooded Lot
  • No HOA
  • Paved or Partially Paved Lot
  • Palm Beach Public School Rated A-
  • Fenced
  • Grass Covered Lot

About This Lot

As of March 2022

Golden opportunity to build your dream home in town! Oversized property in the ultimate location on Chilean Avenue with a rear southern exposure and opportunity to build approximately 5200 sq.ft. according to town RC zoning guidelines. Take advantage of the only available cleared property ready to build within walking distance to the beach, Worth Avenue, island restaurants and the town docks. ARCOM approved plans for new construction included in purchase price.

Last Agent to Sell the Property

Heather Bretzlaff

Compass Florida LLC License #0635727 Listed on: 07/26/2021

Compass Florida LLC

Co-Listed By

Craig Bretzlaff

Compass Florida LLC License #3273708

Last Buyer's Agent

Adam McPherson

Douglas Elliman License #3331204

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,415

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts a private road
  • North Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Grass Covered Lot
  • Property is zoned R-C(ci

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050110110

Property Details

Property Type

Land

Est. Annual Taxes

$35,415

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: I-95 to Okeechobee Blvd to Royal Palm Bridge. From Royal Palm Bridge, make right on Hibiscus Ave, then right on Chilean Ave. Property is mid block on the left.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, City Lot, < 1/4 Acre
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Lot Info

  • Parcel #: 50434323050110110
  • Current Use: Commercial, Single Family
  • Development Status: Raw Land
  • Lot Size Acres: 0.22
  • Lot Size: 75.0 ft x 125.0 ft
  • Lot Size Sq Ft: 9375.0
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: R-C(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 35414.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Mar 1, 2022
Sold by
Gw Purucker Homes Jv
Bought by
Overflow Pad Too Llc
Seller's Agent
Heather Bretzlaff
Compass Florida LLC
Buyer's Agent
Adam McPherson
Douglas Elliman
List Price
$8,500,000
Sold Price
$8,500,000
Current Estimated Value
$10,150,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,650,633
Avg. Annual Appreciation
4.31%

Purchase Details

Listed on
Feb 10, 2021
Closed on
May 24, 2021
Sold by
334 Chilean Llc and 334 Chilian Llc
Bought by
Gw Purucker Homes Jv
Seller's Agent
Lisa Cregan
Sotheby's International Realty, Inc.
Buyer's Agent
HEATHER BRETZLAFF
THE FITE GROUP
List Price
$4,700,000
Sold Price
$4,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.87%
Original Mortgage
$7,100,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 21, 2007
Sold by
Wood Marshall B and Letts Dorothy Wood
Bought by
334 Chilian Llc

Purchase Details

Closed on
Nov 4, 1997
Sold by
Pr Marshall B Wood Jr and Letts Pr Pr W
Bought by
Wood Marshall B
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

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
Overflow Pad Too Llc $8,500,000 New Title Company Name
Overflow Pad Too Llc $8,500,000 New Title Company Name
Gw Purucker Homes Jv $4,700,000 None Listed On Document
334 Chilian Llc $2,800,000 Attorney
Wood Marshall B -- --
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
Previous Owner Gw Purucker Homes Jv $7,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Sold $8,500,000 0.0% $2,275 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
07/23/2021 07/23/21 For Sale $8,500,000 +80.9% $2,275 / Sq Ft
05/24/2021 05/24/21 Sold $4,700,000 0.0% $1,258 / Sq Ft View Prior Sale
02/24/2021 02/24/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $4,700,000 -- $1,258 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $91,495 $6,703,125 -- --
2024 $91,495 $6,093,750 -- --
2023 $84,963 $5,606,250 $5,606,250 $0
2022 $66,231 $4,222,800 -- --
Source: Public Records

Agents Affiliated with this Home

  • Heather Bretzlaff

    Seller's Agent in 2022

    Heather Bretzlaff

    Compass Florida LLC

    (561) 722-6136

    37 Total Sales

    Heather Bretzlaff
    Section Image
  • Craig Bretzlaff

    Seller Co-Listing Agent in 2022

    Craig Bretzlaff

    Compass Florida LLC

    (561) 601-7557

    54 Total Sales

    Craig Bretzlaff
    Section Image
  • Adam McPherson

    Buyer's Agent in 2022

    Adam McPherson

    Douglas Elliman

    (561) 309-2326

    25 Total Sales

    Adam McPherson
    Section Image

  • J

    Buyer's Agent in 2022

    Joshua McPherson

    Related Ross Sales

    (561) 309-2326

    15 Total Sales

    Joshua McPherson
    Section Image

  • L

    Seller's Agent in 2021

    Lisa Cregan

    Sotheby's International Realty, Inc.

    (561) 659-3555

    52 Total Sales

    Lisa Cregan
    Section Image
  • John Cregan

    Seller Co-Listing Agent in 2021

    John Cregan

    Sotheby's International Realty, Inc.

    (847) 651-7210

    62 Total Sales

    John Cregan
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10733178

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-23-05-011-0110

Florida Palm Beach County Palm Beach 33480

334 Chilean Ave, Palm Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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