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For sale
  • $18,500,000

    437 Chilean Ave, Palm Beach, FL 33480

    5beds
    4,525sqft
    : 
    $125,180/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2002
    10,018 Square Feet Lot
    $15,954,700 Zestimate®
    $4,088/sqft
    $-- HOA

    What's special

    Two-car garageSummer kitchenExpansive terracesElegant finishesNewly reimagined poolBeautifully landscaped groundsExpansive primary suite
    RARE IN-TOWN LOCATION! Perfectly positioned in the heart of Palm Beach's most coveted streets, this exceptional residence offers the ultimate island lifestyle just moments from the beach, Worth Avenue, the Lake Trail, Palm Beach Marina, the Island's celebrated restaurants, new Vineta Hotel, boutiques, and private clubs. This is an amazing opportunity to enjoy an unparalleled walkable lifestyle in one of the world's most exclusive destinations. Spanning approximately 5,250± square feet, the residence offers 5 bedrooms, including a flexible fifth bedroom currently designed as an office, 6.5 bathrooms, and a thoughtfully designed floor plan that effortlessly balances sophisticated entertaining with comfortable everyday living. Grand, light-filled interiors showcase over 24-ft ceilings in the living room, timeless Mediterranean architecture, elegant finishes, and generous gathering spaces throughout. The beautifully landscaped grounds create a private tropical retreat centered around a newly reimagined pool, expansive terraces, and a summer kitchen, offering seamless indoor-outdoor living year-round. Additional highlights include an elevator, an impressive office (or gym), a two-car garage, gated driveway, and an expansive primary suite complete with dual bathrooms and exceptional closet space. Whether you're seeking a full-time residence or the perfect Palm Beach retreat, 437 Chilean Avenue offers the rare combination of exceptional privacy, and one of the most sought-after walk-to-town locations on the Island.
    3 days
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    624
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    40
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    Zillow last checked:

    Listing updated:

    Listed by:

    SAMANTHA M. CURRY 561-530-2227,

    Douglas Elliman

    Source: Palm Beach BOR,MLS#: 26-1079

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      • Area: 357
      • Dimensions: 21 x 17
      Bedroom 2
      • Level: Second
      • Area: 190.4
      • Dimensions: 16 x 11.9
      Bedroom 3
      • Level: Second
      • Area: 172.5
      • Dimensions: 13.8 x 12.5
      Bedroom 4
      • Level: First
      • Area: 198
      • Dimensions: 15 x 13.2
      Bedroom 5
      • Description: Bedroom/Library/Office
      • Level: First
      • Area: 195
      • Dimensions: 15 x 13
      Dining room
      • Level: First
      • Area: 221.94
      • Dimensions: 16.2 x 13.7
      Family room
      • Level: First
      • Area: 453.73
      • Dimensions: 23.4 x 19.4
      Garage
      • Description: 2-Car Garage
      • Level: First
      • Area: 537.6
      • Dimensions: 25.6 x 21
      Kitchen
      • Level: First
      • Area: 204
      • Dimensions: 17 x 12
      Living room
      • Level: First
      • Area: 408
      • Dimensions: 24 x 17
      Utility room
      • Level: First
      • Area: 85
      • Dimensions: 10 x 8.5
      Heating
      • Central, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Refrigerator, Freezer, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Wine Refrigerator, Oven
      Features
      • Wet Bar, Elevator, Bidet, Other
      • Flooring: Tile, Hardwood, Stone, Carpet, Brick
      • Windows: Impact Glass-Full, Impact Windows
      Interior area
      • Total structure area: 5,250
      • Total interior livable area: 4,525 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Other, Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Patio & porch: Patio
      • Exterior features: Balcony, Sprinkler System, Built-in Barbecue
      • Has private pool: Yes
      • Pool features: Gas Heat
      • Has spa: Yes
      • Spa features: Spa
      • Fencing: Front Yard
      • Waterfront features: None
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 80
      Details
      • Parcel number: 50434323050050100
      • Zoning: 50- Rb - Rb (50-Palm Beach)

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence, Residential
      Materials
      • Block, Other, Stucco
      • Roof: Barrel
      Condition
      • Year built: 2002

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s), Security System
      • Subdivision: Royal Park
      Location
      • Region: Palm Beach

      Financial & listing details

      • Price per square foot: $4,088/sqft
      • Tax assessed value: $19,440,689
      • Annual tax amount: $208,399
      • Date on market: 8/11/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash

        Estimated market value

        $15,954,700

        $15.16M - $16.75M

        $6,187/mo

        Price history

        DateEventPrice
        8/11/2026Listed for sale$18,500,000+8.8%$4,088/sqft
        Source: BeachesMLS #B26062972 Report a problem
        3/4/2026Listing removed$17,000,000$3,757/sqft
        Source: BeachesMLS #RX-11164268 Report a problem
        2/17/2026Listed for sale$17,000,000-8.1%$3,757/sqft
        Source: BeachesMLS #RX-11164268 Report a problem
        1/13/2025Listing removed$75,000$17/sqft
        Source: BeachesMLS #R11022923 Report a problem
        9/21/2024Listed for rent$75,000-6.3%$17/sqft
        Source: BeachesMLS #R11022923 Report a problem
        6/26/2023Listing removed--
        Source: Palm Beach BOR #22-1392 Report a problem
        2/11/2023Listing removed--
        Source: BeachesMLS Report a problem
        2/9/2023Price change$80,000-20%$18/sqft
        Source: BeachesMLS Report a problem
        2/8/2023Price change$18,500,000+193.7%$4,088/sqft
        Source: BeachesMLS #RX-10834018 Report a problem
        9/23/2022Listed for rent$100,000+81.8%$22/sqft
        Source: Zillow Rental Network_1 #R10834034 Report a problem
        12/15/2019Listing removed$55,000$12/sqft
        Source: The Corcoran Group #RX-10550578 Report a problem
        9/12/2019Price change$55,000-8.3%$12/sqft
        Source: The Corcoran Group #RX-10550578 Report a problem
        8/1/2019Listed for rent$60,000+20%$13/sqft
        Source: The Corcoran Group #RX-10550578 Report a problem
        12/11/2018Listing removed$50,000$11/sqft
        Source: The Corcoran Group #RX-10474097 Report a problem
        8/24/2018Price change$50,000+150%$11/sqft
        Source: The Corcoran Group #11627 Report a problem
        5/16/2018Listed for rent$20,000-60%$4/sqft
        Source: The Corcoran Group #11627 Report a problem
        11/26/2017Listing removed$50,000$11/sqft
        Source: The Fite Group Luxury Homes #RX-10375239 Report a problem
        10/21/2017Listed for rent$50,000$11/sqft
        Source: The Fite Group Luxury Home ERA Powered #RX-10375239 Report a problem
        3/9/2015Sold$6,300,000-9.9%$1,392/sqft
        Source: Palm Beach BOR #14-1700 Report a problem
        4/8/2014Listing removed$6,995,000$1,546/sqft
        Source: The Corcoran Group #7897 Report a problem
        6/8/2013Listed for sale$6,995,000+118.6%$1,546/sqft
        Source: Corcoran Group Palm Beach #R3372888 Report a problem
        5/4/2011Sold$3,200,000$707/sqft
        Source: Public Record Report a problem
        7/26/2002Sold$3,200,000+242.2%$707/sqft
        Source: Public Record Report a problem
        12/2/1999Sold$935,000$207/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$208,398 +4.1%$9,892,430 +10%
        2024$200,240 +11.4%$8,993,118 +10%
        2023$179,820 +16.7%$8,175,562 +10%
        2022$154,122 +39.4%$7,432,329 +10%
        2021$110,558 -12.1%$6,756,663 -9.3%
        2020$125,728 +8.9%$7,450,246 +10%
        2019$115,403 $6,772,951 +3.4%
        2018$115,403 +11.1%$6,552,199 +17.1%
        2017$103,864 +10.3%$5,597,480 +5.4%
        2016$94,141 +2.9%$5,309,053 +69%
        2015$91,486 +63.4%$3,140,617 +0.8%
        2014$55,995 +2.1%$3,115,691 +1.5%
        2013$54,856 +0.1%$3,069,646 +1.7%
        2012$54,792 -13%$3,018,334 -9.8%
        2011$62,967 +4.3%$3,345,899 +5.4%
        2010$60,343 -14.3%$3,174,552 -17.4%
        2009$70,419 +4.7%$3,841,809 -2.9%
        2008$67,261 +23.5%$3,958,192 +21.6%
        2007$54,479 -6.1%$3,254,169 +2.7%
        2006$58,002 $3,169,921 +3%
        2005-- $3,077,593 +12.3%
        2004$29,865 +28616%$2,740,099 +2.8%
        2003$104 -99.5%$2,664,636 +180.5%
        2002$19,227 -18.1%$950,000
        2001$23,464 --
        2000-- --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        Climate risks

        Neighborhood: 33480

        Getting around

        61 / 100
        Somewhat Walkable
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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