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New construction
  • Price cut: $745K (8/14)
    $12,750,000

    223 Monterey Rd, Palm Beach, FL 33480

    4beds
    4,001sqft
    : 
    $86,951/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2024
    9,147 Square Feet Lot
    $12,036,400 Zestimate®
    $3,187/sqft
    $-- HOA

    What's special

    Fully furnished homeImpeccable craftsmanshipSpacious bedroomHigh ceilingsSparkling poolHigh-end finishesExquisite attention to detail
    Welcome to casual elegance at its finest on the North End of Palm Beach! This brand-new, custom-built masterpiece designed by Roger Janssen and interior decorated by Decorators Unlimited. This fully furnished home boasts high-end finishes and exquisite attention to detail throughout. Featuring high ceilings, designer lighting, and impeccable craftsmanship. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating the perfect space for entertaining guests or enjoying quiet family evenings. The gourmet kitchen features Wolf and Sub Zero appliances, custom cabinetry, and a large center island with quartz countertops. Whether you're preparing a casual breakfast or hosting a lavish dinner party, this kitchen is sure to impress. Retreat to the luxurious maste master suite, where you'll find a spacious bedroom, a spa-like ensuite bathroom, and a private balcony overlooking lush tropical landscaping. Additional bedrooms offer ample space for guests or family members, each appointed with their own en-suite bathrooms for ultimate comfort and convenience. Outside, the meticulously landscaped grounds provide a serene oasis for relaxation and enjoyment. Lounge by the sparkling pool, dine al fresco on the expansive patio, or take a short stroll to one of the best beaches on the Island. Residents of Monterey have access to a beautiful beach parcel for a nominal fee.
    6 days
    |
    580
    |
    31
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    MICHAEL COSTELLO 617-640-0195,

    Compass Florida, LLC,

    CHRISTOPHER DEITZ 561-373-4544

    Source: Palm Beach BOR,MLS#: 26-1088

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 225
      • Dimensions: 15 x 15
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Dishwasher, Microwave, Disposal, Washer, Dryer
      Features
      • Other
      • Flooring: Other
      • Windows: Impact Glass
      Interior area
      • Total structure area: 4,001
      • Total interior livable area: 4,001 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Patio & porch: Patio
      • Has private pool: Yes
      • Waterfront features: None
      Lot
      • Size: 9,147 Square Feet
      • Dimensions: 90
      • Features: Other
      Details
      • Parcel number: 50434303130000062
      • Zoning: R-B - Low Density Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence, Residential
      Materials
      • Roof: Tile
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2024

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Other
      • Subdivision: Gregory Addition
      Location
      • Region: Palm Beach

      Financial & listing details

      • Price per square foot: $3,187/sqft
      • Tax assessed value: $7,694,482
      • Annual tax amount: $114,760
      • Date on market: 8/17/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $12,036,400

        $11.43M - $12.64M

        $89,961/mo

        Price history

        DateEventPrice
        8/14/2026Price change$12,750,000-5.5%$3,187/sqft
        Source: BeachesMLS #B26064115 Report a problem
        4/16/2026Price change$13,495,000-3.6%$3,373/sqft
        Source: BeachesMLS #R10979004 Report a problem
        2/25/2026Price change$13,995,000-1.8%$3,498/sqft
        Source: Palm Beach BOR #24-678 Report a problem
        1/20/2026Price change$14,250,000-1.7%$3,562/sqft
        Source: BeachesMLS #RX-10979004 Report a problem
        10/9/2025Price change$14,495,000-1.7%$3,623/sqft
        Source: BeachesMLS #RX-10979004 Report a problem
        3/3/2025Price change$14,750,000-3.3%$3,687/sqft
        Source: BeachesMLS #RX-10979004 Report a problem
        1/6/2025Price change$15,250,000-2.8%$3,812/sqft
        Source: BeachesMLS #RX-10979004 Report a problem
        4/17/2024Listed for sale$15,695,000+365%$3,923/sqft
        Source: Palm Beach BOR #24-678 Report a problem
        3/31/2021Sold$3,375,000+54.1%$844/sqft
        Source: Public Record Report a problem
        7/1/2018Listing removed$2,190,000$547/sqft
        Source: Brown Harris Stevens #2000163534 Report a problem
        6/29/2018Listed for sale$2,190,000+25.1%$547/sqft
        Source: Brown Harris Stevens #2000163534 Report a problem
        6/28/2018Sold$1,750,000-20.1%$437/sqft
        Source: Palm Beach BOR #17-2499 Report a problem
        6/26/2018Pending sale$2,190,000$547/sqft
        Source: Brown Harris Stevens #2000163534 Report a problem
        12/5/2017Listed for sale$2,190,000$547/sqft
        Source: Brown Harris Stevens #2000163534 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$114,759 +65.7%$7,623,900 +76.7%
        2024$69,255 +16.3%$4,313,925 +10%
        2023$59,555 +12.8%$3,921,750 +17.3%
        2022$52,780 +54.1%$3,344,036 +65.8%
        2021$34,248 +9.6%$2,016,979 +10%
        2020$31,255 +7.6%$1,833,617 +9.8%
        2019$29,040 $1,670,413 +0%
        2018$29,040 +2.9%$1,669,761 +239.4%
        2017$28,234 +231.2%$491,960 +2.1%
        2016$8,526 +8.4%$481,841 +0.7%
        2015$7,863 -3.7%$478,492 +0.8%
        2014$8,162 +2.4%$474,694 +3.2%
        2012$7,973 +0.8%$459,861 +3%
        2011$7,909 +0.8%$446,467 +1.5%
        2010$7,845 +15%$439,869 +2.8%
        2008$6,822 +1%$427,877 +3%
        2007$6,757 -6%$415,415 +2.5%
        2006$7,186 $405,283 +3%
        2005-- $393,479 +3%
        2004$3,886 +2375%$382,018 +1.9%
        2003$157 -97.8%$374,895 +2.4%
        2002$7,013 +0.3%$366,108 +1.6%
        2001$6,992 +7.1%$360,343 -8.6%
        1999$6,530 $394,092
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33480

        Getting around

        10 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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