David AbernathyPalm Beach County market intelligence

Palm Beach Island / Midtown & In-Town / Parcel map

Historical MLS sale · MLS R11079637

3 S Lake Trail, Palm Beach, FL 33480

Sold 05/08/26 for $22,000,000 · $8,554 per living sq ft

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

MLS #
R11079637
Status
Closed — historical sale
Sale date
05/08/26
Sold price
$22,000,000
Price per living sq ft
$8,554
Original asking price
$39,950,000
Final asking price
$24,250,000
Sold price as a share of final asking
90.7%
Listed
04/08/25
Under contract
03/20/26
Days from listing to contract
346 days
Property type
Single Family Residence
Bedrooms
3
Bathrooms
3
Living area
2,572 sq ft
Year built
1920
Subdivision (tax)
Palm Beach - In-Town
Waterfront
None
Parcel ID
50434322230000061
Listing brokerage
Brown Harris Stevens of PB
Listing brokerage MLS ID
273005225

How this sale compared

$8,554 per living sq ft · 346 days to contract · sold for $22,000,000

How this sale compared with several groups of Midtown & In-Town sales during the two years before it closed (05/08/24 to 05/08/26). Each row looks at one characteristic; these are not adjusted comparable valuations.

Above the median price per square foot in the one group shown, and under contract more slowly than the one group 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 communityMidtown & In-Town61 other sales · 690 properties$3,176based on 60 other sales95.5 daysbased on 60 other sales7th highest of 62
StreetS Lake Trail0 other sales · 9 propertiesNo other sales–Only sale

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. Midtown & In-Town market report · How these are compared

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Other sales of this property

No other closed MLS sale of this parcel is in the saved dataset.

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.