$5,500,000
Price Reduced224 Phipps, Palm Beach, FL 33480
Palm Beach, FL
Plaza Pl In
Beds
3 Beds
Baths
3.5 Baths
Living Area
2,145 Sq Ft
Built
1938
Days Listed
98
Original Price
$6,495,000
Price Per Sq Ft
$2,564/sqft
Listed
Jan 23, 2026
Last Price Change
Apr 29, 2026
Garage
1 spaces
Property Type
Single Family Residence
About This Property
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 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.
Property Snapshot
Property Type
Residential
Sub Type
Single Family Residence
Stories
1
Total Baths
3.5
Building Area
2,500 sq ft
Lot Profile
Less Than 1/4 Acre Lot
Condition
Resale
MLS #
R11157224
Waterfront, Boating & Outdoor
Waterfront
None
View
Garden
Patio / Porch
Patio
Interior & Construction
Primary Bedroom
Separate Shower
Rooms
Bedroom 2, Kitchen, Living Room, Master Bedroom
Appliances
Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Oven, Refrigerator, Washer
Flooring
Carpet
Construction
CBS
Heating
Central
Cooling
Central Air
Furnished
Unfurnished
Parking, HOA & Rules
Garage Spaces
1
Parking Features
Garage, Detached Garage
Community / Access
None
Pets Allowed
Yes, Size Limit
Restrictions
Buyer Approval Required
Taxes, Utilities & MLS
Annual Taxes
$22,634
Tax Year
2025
Parcel Number
50434322090000041
Zoning
R-C
County
Palm Beach
MLS Area
5002
Sewer
Public Sewer
Water Source
Public
Utilities
Cable Available, Natural Gas Available, Sewer Available, Water Available
Photos
29
Listing courtesy of Douglas Elliman
Listing Agent: Cara Coniglio McClure PA
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS. Real estate listings held by brokerage firms other than Levin Investments, Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Data provided is deemed reliable but is not guaranteed. All information is subject to change and should be independently verified.