554 Palm Way, Gulf Stream, FL 33483 (MLS# R10014336)

554 Palm Way, Gulf Stream, FL 33483

$8,265,000

Property Type: Residential Bedrooms: 7 Baths: 8 Square Footage: 9,601 Lot Size (sq. ft.): 38,333 Status: Closed

Current Price: $8,265,000 List Date: 2/06/2014 Last Modified: 1/12/2026

Overview

Description

This home located on a point lot in one the most exclusive communities in South Florida offers 411 feet of water frontage. Sited on almost one acre the home enjoys one of a kind setting.

Listing Details MLS# R10014336

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 7
Bathrooms Total: 8
Bathrooms Full: 6
Bathrooms Half: 2
Building Area Main: 9601
Building Area Source: Plans
Living Area Main: 8011
Year Built: 1963
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Lot Size Area: 38160
Lot Size Acres: 0.88
Frontage Length: 411
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: North
Pool Private YN: Yes
Spa YN: Yes
Furnished: Unfurnished

Property Features

Electric: Three Phase Flooring: Carpet; Parquet Parking Features: Garage Door Opener; Attached Garage; Garage Architectural Style: Traditional Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Cabana Bath; Closet Cabinetry; Entrance Foyer; Walk-In Closet(s) Listing Terms: Cash Pets Allowed YN: Yes Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: Other Restrictions Security Features: Security System Special Information: Deed Restrictions Sprinkler Description: Auto Sprinkler Tax Information: Homestead Exemption Water View: Intracoastal Waterfront Features: Intracoastal Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Outdoor Living Spaces: Deck; Patio Patio Details: Patio - Covered Contingencies: Inspection Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2014-02-02
Original List Price: 8265000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 554
Street Name: Palm
Street Suffix: Way
City Name: Gulf Stream
State Or Province: FL
Postal Code: 33483
Postal Zip: 33483
Subdivision Name: Polo Cove
Area: 4130
Geographic Area: PB05
Special Assessment YN: No
Parcel Number: 20434603020000211
Zoning: RES
Directions: A1A north to Lakeview to Polo Dr to Palm Way

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 76567
Tax Year: 2013
Tax Legal Description: Polo Cove S 50 Ft of Lt 21 & Gulfstream Cove PB42P185 Lt 1 & W 41 Ft of Lt 2

Status Change Information

Major Change Timestamp: 2014-03-03T17:30:24Z
Major Change Type: Status Change
Status Change Date: 2014-03-03
Under Contract Date: 2014-02-10
Close Date: 2014-02-28
Close Price: 8265000
Buyer Financing: Cash

More Information

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes

Storm Protection

Impact Glass: Partial

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Upper
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 1031.7
Original List Price To Close Price: Yes

Originating Details

Originating System Key: 20140205202233453691000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Electric

Three Phase: Yes

Flooring

Carpet: Yes
Parquet: Yes

Parking Features

Garage Door Opener: Yes
Attached Garage: Yes
Garage: Yes

Possession

Close Of Escrow: Yes

Special Information

Deed Restrictions: Yes

Heating

Central: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water View

Intracoastal: Yes

Construction Materials

CBS: Yes

Interior Features

Cabana Bath: Yes
Closet Cabinetry: Yes
Entrance Foyer: Yes
Walk-In Closet(s): Yes

Listing Terms

Cash: Yes

Pool Features

Heated: Yes
In Ground: Yes

Security Features

Security System: Yes

Waterfront Features

Intracoastal: Yes

Architectural Style

Traditional: Yes

Boat and Dock Features

Private Dock: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Master Bedroom/Bath

Master Bdrm - Upstairs: Yes

Pets Allowed YN

Yes: Yes

Restrictions

Other Restrictions: Yes

Tax Information

Homestead Exemption: Yes

Outdoor Living Spaces

Deck: Yes
Patio: Yes

Patio Details

Patio - Covered: Yes

Contingencies

Inspection: Yes

Acreage Description

1/2 To Less Than 1 Acre Lot: Yes

Room Information

Living Room Length: 30.00 Length: 30.00 Width: 20.00 Width: 20.00 Level: Main Kitchen Length: 20.00 Length: 20.00 Width: 20.00 Width: 20.00 Level: Main Master Bedroom Length: 22.00 Length: 22.00 Width: 18.00 Width: 18.00 Level: Upper

Listing Office: The Corcoran Group

Last Updated: January - 12 - 2026

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