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261 Palmetto Lane, West Palm Beach FL 33405

House Recently Sold
$4,200,000

BTC: 50.51719990

ETH: 1,584.90566038

Sold on: 2022-08-31
20 days
5 bds
5 ba
4,578 sqft

Overview

Palm Beach living at its finest! This spectacular estate home is on the exclusive Palmetto Ln Intracoastal block of the highly sought-after South End neighborhood AKA 'SOSO'. Enter this sun-drenched home to soaring ceilings overlooking a custom saltwater LAP POOL with spa. The two-car garage conveniently opens into a mudroom and beautiful custom chef's kitchen. Enjoy the best of indoor/outdoor living in the heart of West Palm Beach. A covered loggia overlooking the pool with an outdoor kitchen and putting green make this home perfect for entertaining and enjoying family and friends. First floor bedroom with ensuite bath, family room, dining room and gorgeous fireplace in the living room flanked by French doors to a spacious light and bright home office - this home has it all! Upstairs the master bedroom is replete with large walk-in closets, his and her baths, and opens up to a large shared balcony. Two more upstairs bedrooms share a Jack and Jill bathroom and the fifth bedroom enjoys its own private en-suite bath. Meticulously maintained by the owners, the property boasts numerous upgrades including a full house generator, hurricane impact glass doors and windows, natural gas, mosquito misting system, and a brand new irrigation system. Minutes from your front door enjoy walks along the intracoastal on the Flagler Drive trail, beautiful beaches, Palm Beach, downtown West Palm Beach dining, shopping, A rated private and public schools, the Brightline train and Palm Beach International Airport. This is where you want to be!

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage
Year Built:
2009
Lot:
0.25 Acres
Heating:
Central
Price/sqft:
$1,070
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$932,000
$840K – $3.1M
Confidence Low
List vs. estimate
$4.0M above estimate
List $4,900,000 · +425.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,070
+181.9% vs. city median $379
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$29,158
2021
Pool
Private
View
Pool
Garage
2 car garage
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Gas Range

    • Refrigerator

    Other interior features

    • Cooking Island

    • Entrance Foyer

    • French Doors

    • Pantry

    • Walk-In Closet(s)

    • Wet Bar

    • Family Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    • Exterior Features: Built-In Grill

    Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 74434403220000150

    • Zoning: SF7(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $29,158

  • Source details

    • MLS ID: R10813353

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: Complete Impact Glass

    • Direction Faces: South

    • Other Structures: Livable

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4578

    • Water Source: Public

    • Subdivision Name: ORCHID LANE

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