LAND ONLY with ARCOM APPROVED PLANS. Ready to Build. Spectacular location ready for NEW BUILD Single Family Quintessential Palm Beach Home with Open Living. Separate Cabana/Bedroom. Midtown OCEAN BLOCK. SKA Architect. PERFECT OPPORTUNITY to CUSTOMIZE the Finishes. Plans complete with elevator and generator. *Measurements based upon architect's plans, approximate.
Property Details
Property Features
Property Information:
Architectural Style: Other Arch
Year Built: 2025
Stories: 2
Living Area: 2,770 SqFt
Listing Office:
Office Name: Douglas Elliman (Palm Beach)
Office Phone: (561) 655-8600
Listing Agent: JoAnna Ballarini
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Generator Hookup, Gas Range, Washer, Electric Water Heater
Flooring Type: Marble, Tile, Wood Floor
Interior: Elevator, Foyer, Kitchen Island, Walk-in Closet
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 5
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: Yes
Waterfront: None
View: Garden, Pool
Exterior: Cabana, Covered Balcony, Covered Patio, Deck, Open Patio
Directions: 2 blocks North of Worth Avenue and S. Ocean Boulevard. Property is located one building from S. Ocean Boulevard and Beach. Between Royal Palm Way Bridge and Southern Bridge in Palm Beach.
Price Information
Listing Price Info
Price Summary:
List Price: $7,400,000
Price Per SqFt: $2,671/SqFt
Tax Information:
Annual Amount: $30,647
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palm Beach, FL.
This property is $6.1M more than the Median Sold Price and $1.8K/SqFt more than other homes in Palm Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10972212
Listing Office:
Office Name: Douglas Elliman (Palm Beach)
Office Phone: (561) 655-8600
Listing Agent: JoAnna Ballarini
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/14/2024, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$30,647
$1,807,339
2019
$28,464
$1,635,424
2018
$28,686
$1,701,059
2017
$26,664
$1,546,417
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$37K
Per Month
Principal & Interest
$36.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$22.2K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Palm Beach Public School
239 Cocoanut Row
Distance between this listing and this school0.48 miles
Public Magnet Grades KG-5
3
/10
Belvedere Elementary School
3000 Parker Ave
Distance between this listing and this school2.05 miles
Public District Grades PK-5
5
/10
U. B. Kinsey/Palmview Elementary School
800 11th St
Distance between this listing and this school2.14 miles
Public Magnet Grades PK-5
Nearby Schools
4
/10
Academy for Positive Learning
2405 Mercer Ave
Distance between this listing and this school2.25 miles
Public Charter Grades KG-8
3
/10
Conniston Community Middle School
3630 Parker Ave
Distance between this listing and this school2.42 miles
Public Magnet Grades 6-8
4
/10
Roosevelt Community Middle School
1900 N Australian Ave
Distance between this listing and this school2.73 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
Alexander W Dreyfoos Junior School of the Arts
501 S Sapodilla Ave
Distance between this listing and this school1.63 miles
Public Magnet Grades 9-12
1
/10
Worthington High School
1711 Worthington Rd
Distance between this listing and this school2.71 miles
Public Charter Grades 9-12
1
/10
Florida Futures Academy North Campus
1760 N Congress Ave
Distance between this listing and this school3.20 miles
The neighbors living near this home have an average income of $68,396. Most Palm Beach, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 123 Chilean Ave
What is the listing price of this property?
The listing price of 123 Chilean Ave property is $7,400,000.
What type of property is this?
The property 123 Chilean Ave is a house located in Palm Beach, Florida, 33480.
Is this property for sale now?
Active Listing: 123 Chilean Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $30,647 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 123 Chilean Ave has 4 bedrooms and 5 full and 1 half bathrooms.
What is the square footage of this property?
The property 123 Chilean Ave is 2,770 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 123 Chilean Ave is 2025.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 123 Chilean Ave in Palm Beach, FL and zip code 33480 in the Royal Park neighborhood. This 2,770 square foot home was built in 2025. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $7,400,000.
Palm Beach, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 12 sold below. The number of listings in Palm Beach, FL increased by 19.1% between September 2024 and October 2024. Listings spent 116 days on the market in October 2024, and had a median list price of $1,275,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
PGA/LPGA
PGA/LPGA
Men's Tennis
Hiking/backpacking
Chico's
Bloomingdales
Nordstrom Rack
Bonefish Grill
Chipotle
California Pizza Kitchen
Cadillac
Lexus
Mazda
Classical
News
Rock