David AbernathyPalm Beach County market intelligence

Distinctive Communities / East of Olive / Parcel map

Historical MLS sale · MLS R11169977

261 Rutland Boulevard, West Palm Beach, FL 33405

Sold 10/26/26 for $5,500,000 · $1,007 per living sq ft

Source: BeachesMLS · MLS reporting cutoff 11/03/26

MLS #
R11169977
Status
Closed — historical sale
Sale date
10/26/26
Sold price
$5,500,000
Price per living sq ft
$1,007
Original asking price
$5,995,000
Final asking price
$5,995,000
Sold price as a share of final asking
91.7%
Listed
03/09/26
Under contract
09/19/26
Days from listing to contract
194 days
Property type
Single Family Residence
Bedrooms
5
Bathrooms
5.5
Living area
5,464 sq ft
Year built
2026
Subdivision (tax)
East Of Olive
Waterfront
None
Parcel ID
74434410260010012
Listing brokerage
Simon Isaacs Real Estate LLC
Listing brokerage MLS ID
273006817

How this sale compared

$1,007 per living sq ft · 194 days to contract · sold for $5,500,000

How this sale compared with several groups of East of Olive sales during the two years before it closed (10/26/24 to 10/26/26). Each row looks at one characteristic; these are not adjusted comparable valuations.

Above the median price per square foot in 1 of 2 groups shown, and under contract more slowly than both groups shown.

These comparisons don't explain why; condition, improvements and other differences need a closer look.

Compared withMedian price per sq ftMedian days to contractSale-price rank
Whole communityEast of Olive185 other sales · 1,522 properties$1,086based on 184 other sales59.5 daysbased on 182 other sales35th highest of 186
StreetRutland Boulevard8 other sales · 37 properties$873based on 8 other sales11.5 daysbased on 8 other sales2nd highest of 9

Groups follow the county property appraiser's records. Each median leaves out this sale and appears once the other sales reach 1% of the group's properties. A comparison describes the market at the time; it is not a valuation. East of Olive market report · How these are compared

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Other sales of this property

Sale dateSold priceMLS #
05/28/25$1,275,000R11086740

These details describe this listing at the time of sale. Features, condition, ownership and subdivision labels may have changed since. This is a recorded closed MLS sale for this parcel in the saved dataset, which may not include every transaction.