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240 Tangier Avenue, Palm Beach FL 33480

House Active With Contract
$12,500,000

BTC: 196.54088050

ETH: 7,392.07569486

-$2M (2026/05/06)
115 days
4 bds
4 ba
4,473 sqft

Overview

Rare opportunity to own an oversized 17,000 sq. ft. lot on the coveted sunnySouth Side of Tangier Avenue, one of Palm Beach Island's most exclusive near town North End streets. This property features a sprawling single-story home with over 5,400 sq. ft. of total living space, highlighted by stunning vaulted ceilings that frame views of the serene pool and lush gardens. Whether you choose to move right in, renovate, or design and build your ultimate Palm Beach retreat, this property offers endless possibilities. Located just steps from beautiful, wide open private beaches, and within easy reach of the scenic Lake Trail, you can enjoy the best of Palm Beach living—bike or stroll to town, soak up the sun, and embrace the island lifestyle.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage
Year Built:
1993
Lot:
0.39 Acres
Heating:
Central
Price/sqft:
$2,795
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,747,000
$2.0M – $4.0M
Confidence Low
List vs. estimate
$9.8M above estimate
List $12,500,000 · +355.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,794
+518.1% vs. city median $452
Based on
6 MLS comparables
+ 16 public-records sales within 0.5 mi
Median actual sale: $10.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$43,117
2025
Pool
Private
View
Pool
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Den/Library/Office

    • Family Room

    • Storage

    • Utility/Laundry In Garage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    Lot

    • Lot: 0.39 Acres

    Other Property Information

    • Parcel Number: 50434314010000230

    • Zoning: R-B(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $43,117

  • Source details

    • MLS ID: R11159542

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Laundry Features: Laundry Room / In Garage / Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

    • Direction Faces: North

    • Other Structures: Livable

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 4473

    • Water Source: Public

    • Subdivision Name: TANGIER EST

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida LLC