Home in 224 Phipps, Palm Beach, FL 33480 for sale with MLS# R11157224

Tucked away in the heart of Palm Beach, this quintessential island bungalow is a rare jewelbox, offering privacy, charm, and effortless indoor-outdoor living. Framed by lush tropical landscaping, the property unfolds as a serene retreat just moments from the Town's finest beaches, dining, and shopping. The main residence features two bedrooms and two-and-a-half bathrooms, highlighted by soaring ceiling heights and an abundance of natural light that creates an airy, relaxed atmosphere throughout. Thoughtfully designed living spaces flow seamlessly to multiple coquina patio areas, perfect for alfresco dining, entertaining, or quiet moments surrounded by nature. SEE MORE... A one-bedroom guest house sits above the one-car garage, providing ideal accommodations for visitors or a private office or studio. Each historic structure is embraced by verdant gardens, enhancing the sense of seclusion and timeless Old Palm Beach elegance. This enchanting property captures the essence of classic Palm Beach living an idyllic tropical sanctuary in an unparalleled central location. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.

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224 Phipps, Palm Beach, FL 33480

Price
Price:
$5,500,000.00
Original List Price:
$6,495,000.00
List Price per Sq Ft (Calculated, Approx.):
$2,564.1
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contingency:
Pending
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
May 12, 2026 4:35 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
4
Full Bath:
3
Half Bath:
1
Room Type:
Bedroom 2, Kitchen, Living Room, Master Bedroom
Rooms Total:
4
Master Bedroom Bath:
Separate Shower
Dining Area:
Eat-in Kitchen
Measures
Living Area:
2,145 Sqft
Built-Up Area:
2,500 Sqft
Building Area Source:
Other
Living Area Source
Property Features
View from the Property:
Garden
Waterfront:
No
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Refrigerator, Washer, Gas Range, Oven, Free-Standing Freezer
Patio and Porch:
Patio, Patio - Open
Windows:
Double Hung Metal
Fireplace
Fireplace:
Decorative
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Fenced
Property Entrance Faces:
North
Sprinkler Description:
Auto Sprinkler
Construction
Year Built:
1938
Roof:
Flat
Architectural Style:
Traditional
Levels:
Two
Construction Materials:
CBS
Flooring:
Carpet
Number of stories:
1
Structure Type:
House
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$22,634.00
Tax Year:
2025
Property Tax Details:
City/County
Parking
Parking Total Spaces:
1
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Detached Garage
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Natural Gas Available, Sewer Available, Water Available
Water Source:
Public
Community
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Yes
Subdivision Name:
PLAZA PL IN
Senior Community:
No
Restrictions:
Other Restrictions, Historic Designation
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
PLAZA PLAT SLY 88 FT OF E 62 FT OF LT 4 & N 78 FT OF W 10 FT OF LT 5 AS IN OR10903P110
Real Estate Folio Number (Parcel Number):
50434322090000041
Zoning:
R-C
Public Schools Assigned
Elementary School:
Palm Beach Public
High School:
Forest Hill
Middle Or Junior School:
Conniston Community
Listing History
Active on the market since:
January 23, 2026
Listing Agreement executed on:
January 23, 2026
Purchase Contract Date:
May 12, 2026
Price change occurred on:
April 29, 2026 6:08 pm
Listing Status Last Changed On:
May 12, 2026 4:35 pm
Photos updated on:
January 23, 2026 6:30 pm
Last Modified:
May 31, 2026 8:09 am
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
Phipps
Street Number:
224
City:
Palm Beach
State:
Florida
Zip Code:
33480
County:
Palm Beach
Latitude:
N26° 42' 22.6''
Longitude:
W81° 57' 42.8''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $151,121
Median Home Value $1,218,500
Median Rent $1,840/mo
Median Age 69
Population 10,901

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This listing can also be located in the MLS system as RX-11157224
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is 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. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.