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245 Brazilian Ave, Palm Beach, FL, 33480

5beds
6baths
6,000sqft
$14,750,000
$2,458price/sqft
$97,120/moest. monthly cost
$3,884,800/yrincome needed

About This Home

Quintessential Palm Beach living--tucked behind lush hedges in a coveted island setting. This beautifully updated residence with a separate guesthouse sits on an exceptional 180' deep property, offering remarkable privacy and scale. The guesthouse features two bedrooms with ensuite baths, a living room, and a full kitchen--ideal for hosting family and friends. The main residence offers approximately 6,000 SF of living space (6,500 SF total) and is defined by high ceilings, gracious proportions, and light-filled interiors, creating an effortless blend of comfort and sophistication. Designed for indoor-outdoor living, the residence opens to a lush backyard with a 20' x 40' pool, expansive entertaining patios, and covered outdoor living areas. Located near Worth Avenue shopping, Four Arts,

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

8/10
Palm Beach Public SchoolGrades PK-50.2 mi
3/10
Conniston Middle SchoolGrades 6-82.4 mi

Construction

Condition

  • Year built: 1990

Materials

  • Roof: Clay Tile
  • Construction materials: Stucco

Type & Style

  • Home type: Townhouse
  • Architectural style: Mediterranean
  • Property subType: Townhouse,Townhouse/Villa

Interior

Appliances

  • Appliances included: Refrigerator,Freezer,Gas Range,Dishwasher,Microwave,Disposal,Washer,Dryer,Ice Maker,Wine Refrigerator
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 196
  • Dimensions: 14 x 14

Features

  • Wet Bar,Elevator,Storage
  • Door features: Impact Doors
  • Window features: Impact Glass - Full,Impact Windows
  • Flooring: Tile,Hardwood
  • Fireplace features: Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Zoned
  • Cooling features: Zoned

Interior Area

  • Total structure area: 6,500
  • Total interior livable area: 6,000 sqft

Living Room

  • Level: Main
  • Area: 784
  • Dimensions: 28 x 28

Master Bedroom

  • Level: Second
  • Area: 320
  • Dimensions: 20 x 16

Property

Details

  • Parcel number: 50434323050250021
  • Zoning: RC

Features

  • Levels: Two
  • Private pool: Yes
  • Pool features: Electric Heat
  • Patio & porch: Patio

Lot

  • Lot size: 9,147 sqft
  • Lot size dimensions: 50

Parking

  • Total spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $74,584$895,008
Home Insurance *$4,366$52,392
Property Taxes $17,567$210,804
Electricity $603$7,245
Total$97,120$1,165,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$3,329,828/yr
40% on housing$2,913,600/yr
45% on housing$2,589,866/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,458This listing

vs Other Active Listings

Avg $/sqft

ZIP 33480$1,988
Palm Beach County$443

vs Homes Sold Last Month

Median $/sqft

ZIP 33480$3,044
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-26Price change$16,990,000
2026-02-02Listed for sale$18,990,000
2005-07-22Sold$3,350,000
2000-04-07Sold$1,850,000

For Sale by Agent

AgentSHELLY NEWMAN
BrokerageThe Corcoran Group

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