Weekly Update
Off-market activity has continued to rise at the beginning of the 2025-26 season. This week, two more private sales were reported. A historic home on the middle block of Clarke Avenue traded for $30M. Up in the North End, 234 List Road sold for $14.6M. Although Palm Beach is no stranger to private transactions not publicly listed on the MLS, there has been a notable increase in the past month. There isn’t a clear reason for the uptick. It could be these properties were previously listed on the market and buyers were aware of a potential sale. It could be a buyer looking for something very specific and directly approaching an owner of a property that meets their criteria. Or it could be word of mouth with the information that a specific property was available and it was sold prior to ever listing. In any case, inventory is limited on the Island right now with just 71 houses on the market. With limited options, buyers are getting creative on how to find and acquire a home that fits their needs.
The limited inventory did get a bump this week with five houses hitting the market. Three condos also came on the market bringing the total condominium and townhouse listings to 60. The most notable new listing this week is a special opportunity at 9 Via Parigi. The Addison Mizner designed tower on Worth Avenue is listed for $37.9M. It includes a two-story penthouse, first floor retail space, additional apartments, and a two-car garage.
Did you know…
The architect behind the landmarked home at 217 Clarke Avenue which sold this week in unknown. The home was built in the 1920s, a period when famed architects like Mizner, Volk, and Wyeth shaped Palm Beach architecture and style for decades to come.
This Week
Single Family Homes
Pending – 2
Closed – 3
New – 5
New –9 Via Parigi $37,900,000
New –242 Wells Rd $26,500,000
New –301 Polmer Park Rd $22,000,000
New –216 Colonial Ln $ 7,999,000
New –269 Park Ave $5,900,000
Pending – 167 Everglade Ave $20,500,000
Pending – 740 N Lake Way $7,950,000
Closed – 217 Clarke Ave $30,000,000 (off-market)
Closed – 234 List Rd $14,600,000 (off-market)
Closed – 211 Park Ave $6,400,000
Condos and Townhomes (In-Town Only)
Pending – 1
Closed – 1
New – 3
New –350 S Ocean Blvd $2,850,000
New –44 Cocoanut Row, 526B $2,799,000
New –369 S Lake Dr, 2B $1,995,000
Pending – 175 Sunset Ave $12,850,000
Closed – 220 Brazilian Ave $16,000,000
Notable Price Reducions
No $1M+ price reductions this week
FEATURED LISTING
9 Via Parigi
$37,900,000
8 Bedroom | 8 Full 1 Half Bath
8,596 Living SqFt | 9,941 Total Sqft
“Once in a lifetime opportunity to own a spectacular piece of iconic Palm Beach history designed by Addison Mizner. Six floors of mixed-use space includes a two-floor Penthouse, three additional separate apartments, retail space, and two car garage. Fabulous location in a picturesque Via of Worth Avenue. The stunning Penthouse includes three bedrooms, three baths, fireplaces, two balconies, den, and gorgeous golf course, ocean, and Intracoastal views. The first apartment includes three bedrooms and two full baths. The second apartment includes one bedroom, two full baths, den, and Juliette balcony. The third apartment includes one bedroom, one bath, oversized living and dining room, and balcony. The retail space also includes powder room, utility room, storage, and formal entry.”
Listed by Christian Angle, Christian Angle Real Estate
We would be honored to represent you in your search for your new home in South Florida. Please contact us and we will put our knowledge and experience to work for you. Call the K2 Team at 561.691.1223