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.
For sale
$18,500,000
437 Chilean Ave, Palm Beach, FL 33480
5beds
4,525sqft
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
- 3 days |
- 624 |
- 40 |
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
Zestimate®
$15,954,700
Estimated sales range
$15.16M - $16.75M
Rent Zestimate®
$6,187/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $18,500,000+8.8%$4,088/sqft |
Source: | ||
| 3/4/2026 | Listing removed | $17,000,000$3,757/sqft |
Source: | ||
| 2/17/2026 | Listed for sale | $17,000,000-8.1%$3,757/sqft |
Source: | ||
| 1/13/2025 | Listing removed | $75,000$17/sqft |
Source: BeachesMLS #R11022923 Report a problem | ||
| 9/21/2024 | Listed for rent | $75,000-6.3%$17/sqft |
Source: BeachesMLS #R11022923 Report a problem | ||
| 6/26/2023 | Listing removed | -- |
Source: Palm Beach BOR #22-1392 Report a problem | ||
| 2/11/2023 | Listing removed | -- |
Source: BeachesMLS Report a problem | ||
| 2/9/2023 | Price change | $80,000-20%$18/sqft |
Source: BeachesMLS Report a problem | ||
| 2/8/2023 | Price change | $18,500,000+193.7%$4,088/sqft |
Source: | ||
| 9/23/2022 | Listed for rent | $100,000+81.8%$22/sqft |
Source: Zillow Rental Network_1 #R10834034 Report a problem | ||
| 12/15/2019 | Listing removed | $55,000$12/sqft |
Source: The Corcoran Group #RX-10550578 Report a problem | ||
| 9/12/2019 | Price change | $55,000-8.3%$12/sqft |
Source: The Corcoran Group #RX-10550578 Report a problem | ||
| 8/1/2019 | Listed for rent | $60,000+20%$13/sqft |
Source: The Corcoran Group #RX-10550578 Report a problem | ||
| 12/11/2018 | Listing removed | $50,000$11/sqft |
Source: The Corcoran Group #RX-10474097 Report a problem | ||
| 8/24/2018 | Price change | $50,000+150%$11/sqft |
Source: The Corcoran Group #11627 Report a problem | ||
| 5/16/2018 | Listed for rent | $20,000-60%$4/sqft |
Source: The Corcoran Group #11627 Report a problem | ||
| 11/26/2017 | Listing removed | $50,000$11/sqft |
Source: The Fite Group Luxury Homes #RX-10375239 Report a problem | ||
| 10/21/2017 | Listed for rent | $50,000$11/sqft |
Source: The Fite Group Luxury Home ERA Powered #RX-10375239 Report a problem | ||
| 3/9/2015 | Sold | $6,300,000-9.9%$1,392/sqft |
Source: Palm Beach BOR #14-1700 Report a problem | ||
| 4/8/2014 | Listing removed | $6,995,000$1,546/sqft |
Source: The Corcoran Group #7897 Report a problem | ||
| 6/8/2013 | Listed for sale | $6,995,000+118.6%$1,546/sqft |
Source: Corcoran Group Palm Beach #R3372888 Report a problem | ||
| 5/4/2011 | Sold | $3,200,000$707/sqft |
Source: Public Record Report a problem | ||
| 7/26/2002 | Sold | $3,200,000+242.2%$707/sqft |
Source: Public Record Report a problem | ||
| 12/2/1999 | Sold | $935,000$207/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33480
Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 3.7 mi
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