4 months on rocket

408 Chilean Ave, Palm Beach, FL, 33480

$12,500,000

3 Bedrooms
4 Full Baths, 2 Partial
4,200 SqFt
$2,976/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1961
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
FireplaceFireplace(s)
ViewGarden
MLS #RX-11000185
StatusActive

About 408 Chilean Ave

For the first time in over two decades, a remarkably private and meticulously detailed home near Worth Avenue and the town docks is available. Featuring a wonderful flowing floor plan, this unique property includes a spacious living room with views of a lush rear yard and a formal dining room with two walls of glass. Designed for ultimate privacy, it boasts beautiful moldings, a marble staircase, columns, and a marble fireplace imported from Paris. Additionally, it offers an upstairs living room and a second kitchen with an adjacent office that offers the flexibility to be converted into 4th bedroom suite.

Property Details

Property Features

Property Information:

  • Architectural Style: Other Arch, Traditional
  • Year Built: 1961
  • Stories: 2
  • Living Area: 4,200 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Dana L. Koch

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Electric Range, Gas Range, Refrigerator, Oven, Washer, Electric Water Heater
  • Flooring Type: Marble, Wood Floor
  • Interior: Fireplace(s), Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Garden
  • Exterior: Open Patio

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 408 Chilean Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,500,000
  • Price Per SqFt: $2,976/SqFt

Tax Information:

  • Annual Amount: $31,936
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$795

Avg. Days On Market

116

# of Sold Homes

12

408 Chilean Ave vs Palm Beach

146 DAYS ON ROCKET

+30 Days

$12,500,000

+$11.2M More

$2,976/SqFt

+$2.1K More

KEY TAKEAWAY

This property is $11.2M more than the Median Sold Price and $2.1K/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-11000185

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Dana L. Koch

IDXAll 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: 11/21/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 09, 2003Home Sold
$2,450,000
Jan 15, 1997Home Sold
$1,295,000

Tax History

YEARPROP. TAXASSESSMENT
2020$31,936$1,920,016
2019$31,868$1,876,848
2018$30,290$1,841,853
2017$30,290$1,803,970

History based on county public records data.

Payment Calculator

$62.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$37.5K

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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.

Nearby Schools

school-card-donut-405458
8
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 0.32 miles

  • Public Magnet Grades KG-5

school-card-donut-405459
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 1.67 miles

  • Public District Grades PK-5

school-card-donut-405460
5
/10
  • U. B. Kinsey/Palmview Elementary School

  • 800 11th St

  • 1.85 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,222. Most Palm Beach, FL residents have annual incomes between $100k-200k. The most common type of family is 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 408 Chilean Ave

What is the listing price of this property?

The listing price of 408 Chilean Ave property is $12,500,000.

What type of property is this?

The property 408 Chilean Ave is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 408 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 $31,936 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 9, 2003 for $2,450,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 408 Chilean Ave has 3 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 408 Chilean Ave is 4,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 408 Chilean Ave is 1961.
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Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›408 Chilean Ave

This home is located at 408 Chilean Ave in Palm Beach, FL and zip code 33480 in the Royal Park neighborhood. This 4,200 square foot home was built in 1961. Features: 3 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $12,500,000.

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. In October 2024 in Palm Beach, FL there were 19.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 116 days, the median list price was $1,275,000.

From Rocket Homes Real Estate and based on county public records data.

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