$7,950,000
Palm Beach, FL 33480
MLS# RX-11123937
Status: Closed
3 beds | 3.1 baths | 2993 sqft
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Property Description
Exceptional North End Opportunity! Unlock the potential of this prime 10,882± SF Island parcel, perfectly positioned on a rare coral ridge with an impressive 13+ feet of elevation. Whether you choose to reimagine the existing Regency-style residence or build your dream home, the possibilities are endless. The current layout features soaring ceilings, 3 bedrooms, 3.5 baths, a sparkling pool, new roof, and a whole-house generator—providing an excellent foundation for a stunning transformation. A coveted North End location combines privacy, prestige, and proximity to the best of Palm Beach.
Details
Documents
Contract Information
Listing Date: 2025-09-15
Status: Closed
Original List Price: 7950000
Auction: No
Sold Price: $7,000,000
Current Price: $7,000,000
List Price/SqFt: 2656.19
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 3
Total Bedrooms: 3
Main Level Bathrooms: 4
Baths - Full: 3
Baths - Half: 1
Baths - Total: 3.1
Property Condition: Resale
Year Built: 1985
SqFt - Total: 3294
SqFt - Living: 2993
SqFt Source: Floor Plan
Gated Community: No
Garage Spaces: 1
Covered Spaces: 1
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Subdivision: RAFALSKY MARK
Legal Desc: MARK RAFALSKY TR NLY 100 FT OF ELY 117 FT OF LT 116 AS IN OR5176P1982
Lot SqFt: 10882
Lot Dimensions: 100.0 ft x 117.0 ft
Waterfront: No
Front Exp: East
Private Pool: Yes
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 1
Location Tax Legal
Area: 5001
County: Palm Beach
Parcel ID: 50434310040001161
Street #: 740
Street Dir: N
Street Name: Lake
Street Suffix: Way
Zip Code: 33480
Geo Lat: 26.740382
Geo Lon: -80.039947
Status Change Info
Under Contract Date: 2025-09-29
Sold Date: 2025-10-08
Sold Price: $7,000,000
Terms of Sale: Cash
Sold Price/SqFt: 2338.79
Storm Protection
Accordion Shutters: Partial
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Construction: CBS
Waterfront Details: None
Lot Description: < 1/4 Acre
Interior Features: Fireplace(s)
Furnished: Unfurnished
Rooms: Laundry-Inside
Parking: Garage - Attached
Pet Restrictions: No Restrictions
Restrict: None
Flooring: Marble
Heating: Central
Cooling: Central Building
Terms Considered: Cash; Conventional
Utilities: Electric; Gas Natural
Taxes: City/County; No Homestead
Possession: At Closing
Contingencies: None
Supplements
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All Rights Reserved.
Room Information
| Room Name | Length | Width | Length | Level | Width |
| Living Room | 23.00 | 15.00 | 23.00 | Main | 15.00 |
| Kitchen | 14.00 | 13.00 | 14.00 | Main | 13.00 |
| Master Bedroom | 17.00 | 14.00 | 17.00 | Main | 14.00 |
Floorplan 
Listing Office: Premier Estate Properties, Inc
Last Updated: October - 08 - 2025
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 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.