240 Atlantic Avenue, Palm Beach, FL 33480 (MLS# R11014900)

240 Atlantic Avenue, Palm Beach, FL 33480

$7,615,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,354 Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $7,615,000 List Date: 8/23/2024 Last Modified: 3/13/2026

Overview

Description

Turnkey triple mint home moments to The Royal and situated between the Ocean and the Lake Trail. This meticulous, 4-bedroom 4-bathroom home features top of the line appliances, including a Wolf 8-burner gas range, Sub-Zero fridge, freezer, and wine fridge, Bosch dishwasher, and Wolf microwave. Each bedroom has an en-suite bathroom with Waterworks fixtures and marble finishes. Additional features include a gas fireplace, three A/C zones for personalized climate control, a Tesla charger, tankless water heater, and built-in Sonos sound system. Outside, the backyard features a gas-heated lap pool and lush tropical landscaping creating the ultimate serene retreat.

Listing Details MLS# R11014900

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
4
Bathrooms Full
4
Building Area Main
3354
Building Area Source
Public Records
Living Area Main
2635
Year Built
2016
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Lot Size Area
5001
Lot Size Acres
0.11
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
North
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Unfurnished
Year Roof Installed
2016

Property Features

Electric: Three Phase Exterior Features: Outdoor Shower Flooring: Wood Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Gas Water Heater Architectural Style: Mediterranean Construction Materials: CBS Cooling: Central Air Heating: Central; Electric Interior Features: Closet Cabinetry; Entrance Foyer; French Doors; Kitchen Island; Pantry; Walk-In Closet(s); Wet Bar Laundry Features: Inside Listing Terms: Cash Lot Features: Sidewalks Pets Allowed YN: Yes Pool Features: In Ground; Salt Water Restrictions: Buyer Approval Required Roof: Barrel Security Features: Security System Leased Sewer: Public Sewer Tax Information: City/County; Homestead Exemption Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Patio Details: Patio - Covered Contingencies: None Room Types: Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2024-08-23
Original List Price
9500000
Negotiable Seller Concessions YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
240
Street Name
Atlantic
Street Suffix
Avenue
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
ORANGE GROVE PARK
Area
5002
Geographic Area
PB30
Elementary School
Palm Beach Public
High School
Palm Beach Lakes
Special Assessment YN
No
Parcel Number
50434315030000210
Zoning
R-C
Directions
Front town, head North on County Road. Turn Left onto Atlantic Ave, and the home will be down on your left side.

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
55301.1
Tax Year
2023
Tax Legal Description
ORANGE GROVE PARK LTS 21 & 22

Status Change Information

Major Change Timestamp
2025-07-28T17:38:44Z
Major Change Type
Status Change
Price Change Timestamp
2024-12-11T23:00:32Z
Status Change Date
2025-07-28
Under Contract Date
2025-03-31
Close Date
2025-07-25
Close Price
7615000
Buyer Financing
Cash

More Information

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Storm Protection

Impact Glass
Complete

Showing Details

Pet(s) on Premises
No

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Family Room
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
2889.94
Original List Price To Close Price
1.24

Originating Details

Originating System Key
20240823151640361505000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Sidewalks
Yes

Electric

Three Phase
Yes

Exterior Features

Outdoor Shower
Yes

Flooring

Wood
Yes

Parking Features

Garage Door Opener
Yes
Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes
Electric
Yes

Water Access

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Free-Standing Freezer
Yes
Gas Range
Yes
Ice Maker
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes

Construction Materials

CBS
Yes

Interior Features

Closet Cabinetry
Yes
Entrance Foyer
Yes
French Doors
Yes
Kitchen Island
Yes
Pantry
Yes
Walk-In Closet(s)
Yes
Wet Bar
Yes

Laundry Features

Inside
Yes

Listing Terms

Cash
Yes

Lot Features

Sidewalks
Yes

Pool Features

In Ground
Yes
Salt Water
Yes

Roof

Barrel
Yes

Security Features

Security System Leased
Yes

Water Source

Public
Yes

Water Heater Details

Gas Water Heater
Yes

Architectural Style

Mediterranean
Yes

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

Call Listing Agent
Yes
Text Listing Agent
Yes

Master Bedroom/Bath

Dual Sinks
Yes
Master Bdrm - Upstairs
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Restrictions

Buyer Approval Required
Yes

Tax Information

City/County
Yes
Homestead Exemption
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes

Balcony Details

Balcony - Open
Yes

Patio Details

Patio - Covered
Yes

Contingencies

None
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes

Room Information

Living Room Length: 17.00 Length: 17.00 Width: 18.00 Width: 18.00 Level: Main Kitchen Length: 15.00 Length: 15.00 Width: 18.00 Width: 18.00 Level: Main Master Bedroom Length: 22.00 Length: 22.00 Width: 16.00 Width: 16.00 Level: Main Family Room Laundry

Documents

Listing Office: Douglas Elliman
IDX
Last Updated: March - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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