For sale

Price cut: $205K (4/1)

$11,295,000

112 Algoma Road, Palm Beach, FL 33480

4beds

2,493sqft

Est.:

Single Family Residence

Built in 1952

0.33 Acres Lot

$-- Zestimate^®

$4,531/sqft

$-- HOA

What's special

Deeded beach accessPrivate one-way street

$11,295,000 - Unique opportunity to renovate or build your dream home on this fabulous, south exposure high-elevation 14,181 sq. ft. lot located in the Prestigious Estate Section of Town Only One House off the Ocean, on a Private, One-Way Street Just Two Streets North of Mar-a-Lago and a Half-Mile South of Worth Avenue! This Charming, Ocean-Bock, One-Story 4 BD/4 BA Pool Home with Deeded Beach Access has Been Enjoyed for Many Years, and is Designer Ready for Those Looking for a Project. Perfectly Located Among Fabulous Estates, this Property Provides Privacy and Security in the "Security Zone" For Those Homes Surrounding Mara Lago, the President's Palm Beach White House.

16 hours

265

4

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1
Main level bathrooms: 4
Main level bedrooms: 4

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Free-Standing Freezer, Microwave, Refrigerator, Washer

Features

Main Level Primary, Other, Pantry, Storage
Flooring: Other, Tile, Wood
Has fireplace: No

Interior area

Total structure area: 2,930
Total interior livable area: 2,493 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: Entry Level Living Area Y
Has private pool: Yes
Pool features: Heated, In Ground
Waterfront features: Beach Access, Deeded Access

Lot

Size: 0.33 Acres

Details

Parcel number: 50434335000020310
Zoning: R-A (city)
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Other
Roof: Other

Condition

Resale
New construction: No
Year built: 1952

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available

Community & HOA

Community

Subdivision: None Given

HOA

Has HOA: No

Location

Region: Palm Beach

Financial & listing details

Price per square foot: $4,531/sqft
Tax assessed value: $902,976
Annual tax amount: $13,963
Date on market: 4/1/2026
Cumulative days on market: 306 days
Listing terms: Cash
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/1/2026	Price change	$11,295,000-1.8%$4,531/sqft
Source: BeachesMLS #B26009677 Report a problem
2/23/2026	Price change	$11,500,000-8%$4,613/sqft
Source: Palm Beach BOR #25-856 Report a problem
5/20/2025	Listed for sale	$12,500,000$5,014/sqft
Source: Palm Beach BOR #25-856 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$13,581 +2.7%	$877,528 +3%
2023	$13,221 -0.5%	$851,969 +3%
2022	$13,288 -2%	$827,154 +3%
2021	$13,564 0%	$803,062 +1.4%
2020	$13,569 +0.6%	$791,974 +2.3%
2019	$13,494	$774,168 +1.9%
2018	$13,494 +4.6%	$759,733 +2.1%
2017	$12,905 +0.2%	$744,107 +2.1%
2016	$12,881 +7.1%	$728,802 +0.7%
2015	$12,022 -3.7%	$723,736 +0.8%
2014	$12,486 +2.1%	$717,992 +1.5%
2013	$12,227 +0.2%	$707,381 +1.7%
2012	$12,205 +0.8%	$695,557 +3%
2011	$12,114 +0.7%	$675,298 +1.5%
2010	$12,034 +6.6%	$665,318 +2.7%
2009	$11,289 +7.9%	$647,827 +0.1%
2008	$10,462 +1.8%	$647,180 +3%
2007	$10,281 -6.1%	$628,330 +2.5%
2006	$10,949	$613,005 +3%
2005	--	$595,150 +3%
2004	$6,025 +5693.5%	$577,816 +1.9%
2003	$104 -99%	$567,042 +2.4%
2002	$10,748 +0.3%	$553,752 +1.6%
2001	$10,715 +2%	$545,031 +3%
2000	$10,502 +3.4%	$529,156 -10.7%
1999	$10,158	$592,724