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Sold for $11,500,000 on 05/22/23
  • $11,500,000

    225 Wells Rd, Palm Beach, FL 33480

    7beds
    5,452sqft
    Single Family Residence, Residential
    Built in 2023
    0.32 Acres Lot
    $13,492,400 Zestimate®
    $2,109/sqft
    $69,708 Estimated rent

    Home value

    $13,492,400

    $12.01M - $15.38M

    $69,708/mo

    Zestimate® history
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    $78,421/mo

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    What's special

    Here is your opportunity to take over this project and of build your dream home. Select your builder and all finish work. Work completed to date includes pilings and grade beams, exercise room slab poured, majority of site walls, pool shell, new sewer line and a new water meter. Includes deposits for Roof Trusses (A-1 Industries), Epicore Decking (MTS Engineering), Roof Tiles, Cabinetry (Design Galleria), Plumbing fixtures (Waterworks.)Thoughtfully designed by award winning firm Harrison Design, 225 Wells Road is a 7 bed, 7.1 bath, 6,300 total square foot Classic Mediterranean estate sited on an oversized 14,000 square foot lot. ARCOM approved plans included.

    Zillow last checked: 8 hours ago

    Listing updated: October 20, 2025 at 07:06pm

    Listed by:

    Elizabeth Dewoody 561-308-0931,

    Compass Florida LLC

    Bought with:

    Chris C Leavitt, SL-3232586

    Douglas Elliman

    Source: Palm Beach BOR,MLS#: 21-1791

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Kitchen
    • Level: Main
    • Area: 0
    • Dimensions: 0 x 0
    Living room
    • Level: Main
    • Area: 0
    • Dimensions: 0 x 0
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Freezer, Ice Maker, Gas Range, Microwave, Washer, Dryer
    Features
    • Elevator, Wet Bar
    • Flooring: Hardwood, Tile
    • Windows: Impact Glass-Full
    • Has fireplace: Yes
    • Fireplace features: Fireplace
    Interior area
    • Total structure area: 6,300
    • Total interior livable area: 5,452 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    Features
    • Has private pool: Yes
    • Pool features: Pool
    • Waterfront features: No - Waterfront
    Lot
    • Size: 0.32 Acres
    • Dimensions: 100
    Details
    • Parcel number: 50434314060000150
    • Zoning: R-B - Low Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence, Residential
    Materials
    • Roof: Barrel
    Condition
    • Year built: 2023

    Utilities & green energy

    • Water: City Water

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Palm Beach
    • Subdivision: Tropic Isle

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash Terms,Conventional

    Price history

    DateEventPrice
    5/22/2023Sold$11,500,000-10.9%$2,109/sqft
    Source: Palm Beach BOR #21-1791
    5/15/2023Pending sale$12,900,000$2,366/sqft
    Source: Palm Beach BOR #21-1791
    3/21/2023Price change$12,900,000-48.4%$2,366/sqft
    Source: BeachesMLS #RX-10765394
    4/4/2022Listed for sale$25,000,000$4,585/sqft
    Source: BeachesMLS #RX-10765394
    1/24/2022Listing removed--
    Source: BeachesMLS #RX-10765394

    Public tax history

    YearProperty taxesTax assessment
    2024$112,420 +16.1%$7,560,000 +27.5%
    2023$96,829 +15.9%$5,929,000 +10%
    2022$83,518 +45.2%$5,390,000 +60.9%

    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $13,492,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $13,492,400