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New construction
  • $14,995,000

    206 Caribbean Road, Palm Beach, FL 33480

    4beds
    4,187sqft
    : 
    Single Family Residence
    Built in 2026
    9,583.2 Square Feet Lot
    $-- Zestimate®
    $3,581/sqft
    $-- HOA

    What's special

    High ceilingsComprehensive security systemFully equipped summer kitchenRelaxing lounge areaFlexible downstairs denOutdoor entertaining areaCustom vanity
    Exceptional new construction located in the coveted North End of Palm Beach, 206 Caribbean Road is a meticulously designed two-story residence offering timeless architecture, refined interiors, and seamless indoor-outdoor living, with anticipated completion at the end of March 2026. Thoughtfully designed for both everyday comfort and elegant entertaining, the home features dramatic vaulted ceilings with exposed wood beam detailing, expansive impact glass doors, and an open concept great room that flows effortlessly into the covered loggia and resort style saltwater pool and spa. Expansive impact sliding glass walls and doors create seamless indoor-outdoor living while filling the space with natural light. The outdoor entertaining area is complemented by a fully equipped summer kitchen and relaxing lounge area, creating the perfect setting for hosting while surrounded by lush, private landscaping. The custom chef's kitchen is centered around an oversized island with natural stone countertops, bespoke cabinetry, and premium Sub-Zero and Wolf appliances. High ceilings, wide-plank flooring, and carefully crafted millwork continue throughout the home, reflecting exceptional quality and attention to detail. The first floor primary suite offers a private retreat with a spa inspired bath featuring full stone finishes, walk-in shower with seating, custom vanity, and a boutique style dressing room. A flexible downstairs den can also serve as a fourth bedroom or guest suite, while additional guest bedrooms upstairs provide comfort and privacy. Designed with a focus on modern convenience and security, the residence features a full Lutron low-voltage lighting system, integrated smart home capabilities, a comprehensive security system, and a generator for added peace of mind. Ideally situated just steps away from the beach with convenient nearby access, this is a rare opportunity to own a newly constructed home where every detail was thoughtfully considered.
    39 days
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    813
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    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 02:51pm

    Listed by:

    Chris Deitz 561-373-4544,

    Compass Florida LLC,

    Michael Costello 617-640-0195,

    Compass Florida LLC

    Source: BeachesMLS,MLS#: R11168054MLS LogoOriginating MLS: BeachesMLS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 551
      • Dimensions: 29 X 19
      Bedroom 2
      • Level: Second
      • Area: 228
      • Dimensions: 19 X 12
      Bedroom 3
      • Level: Second
      • Area: 247
      • Dimensions: 19 X 13
      Bedroom 4
      • Level: Main
      • Area: 336
      • Dimensions: 24 X 14
      Kitchen
      • Level: Main
      • Area: 198
      • Dimensions: 18 X 11
      Living room
      • Level: Main
      • Area: 703
      • Dimensions: 37 X 19
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
      • Laundry: Inside
      Features
      • Built-in Features, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, Eat-in Kitchen, High Ceilings, Living/Dining Room, Main Level Primary, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Wood
      Interior area
      • Total structure area: 4,187
      • Total interior livable area: 4,187 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Entry Level Living Area Y
      • Patio & porch: Covered, Patio
      • Exterior features: Built-in Barbecue, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area
      • Has private pool: Yes
      • Pool features: In Ground, Salt Water
      • Has spa: Yes
      • Spa features: In Ground
      • Waterfront features: None
      Lot
      • Size: 9,583.2 Square Feet
      • Dimensions: 75.0 ft x 130.0 ft
      • Features: Sprinklers Automatic, < 1/4 Acre
      Details
      • Parcel number: 50434234020000980
      • Zoning: R-B(ci

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete
      • Roof: Spanish Tile
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Electric: 3 Phase
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Security: Security System Owned, Security System, Smoke Detector(s)
      • Subdivision: BOCA RATONE COLET
      HOA
      • Has HOA: No
      Location
      • Region: Palm Beach

      Financial & listing details

      • Price per square foot: $3,581/sqft
      • Tax assessed value: $5,418,776
      • Annual tax amount: $77,958
      • Date on market: 3/2/2026
      • Cumulative days on market: 39 days
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/2/2026Listed for sale$14,995,000+130.7%$3,581/sqft
        Source: BeachesMLS #RX-11168054 Report a problem
        2/12/2024Sold$6,500,000+62.5%$1,552/sqft
        Source: Public Record Report a problem
        2/16/2023Sold$4,000,000-49.7%$955/sqft
        Source: Public Record Report a problem
        10/17/2022Listing removed--
        Source: Palm Beach BOR #22-594 Report a problem
        4/24/2022Listed for sale$7,950,000$1,899/sqft
        Source: Palm Beach BOR #22-594 Report a problem
        4/22/2022Listing removed$7,950,000$1,899/sqft
        Source: BeachesMLS #RX-10792282 Report a problem
        4/15/2022Listed for sale$7,950,000+98.8%$1,899/sqft
        Source: BeachesMLS #RX-10792282 Report a problem
        6/8/2021Sold$4,000,000+9.6%$955/sqft
        Source: Palm Beach BOR #21-554 Report a problem
        4/2/2021Pending sale$3,650,000$872/sqft
        Source: BeachesMLS #RX-10704827 Report a problem
        4/2/2021Listed for sale$3,650,000$872/sqft
        Source: BeachesMLS #RX-10704827 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$81,328 +35.3%$5,418,776 +44.8%
        2023$60,112 +12.6%$3,741,489 +10%
        2022$53,384 +603.1%$3,401,354 +655.8%
        2021$7,593 -77.4%$450,012 -77.3%
        2020$33,653 +346.6%$1,984,747 +357.5%
        2019$7,536 $433,821 +1.9%
        2018$7,536 +4.5%$425,732 +2.1%
        2017$7,212 +0.3%$416,976 +2.1%
        2016$7,187 +10.4%$408,400 +0.7%
        2015$6,511 -3.7%$405,561 +0.8%
        2014$6,758 +2.2%$402,342 +1.5%
        2013$6,615 +0.3%$396,396 +1.7%
        2012$6,598 +0.9%$389,770 +3%
        2011$6,542 +0.8%$378,417 +1.5%
        2010$6,489 +6.7%$372,825 +2.7%
        2009$6,080 +7.8%$363,023 +0.1%
        2008$5,638 +0.1%$362,660 +3%
        2007$5,632 -6%$352,097 +2.5%
        2006$5,989 $343,509 +3%
        2005-- $333,504 +3%
        2004$3,257 +3031.3%$323,790 +1.9%
        2003$104 -98.2%$317,753 +2.4%
        2002$5,847 +0.4%$310,306 +1.6%
        2001$5,826 +2.1%$305,419 +3%
        2000$5,705 +4.4%$296,523 -11%
        1999$5,464 $333,293

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $97,463/mo
        Principal & interest
        $75720
        Property taxes
        $21743
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          Climate risks

          Neighborhood: 33480

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Palm Beach Public
          • Middle: John F. Kennedy (Palm Beach)
          • High: Palm Beach Lakes

          Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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