206 Phipps Plaza, Palm Beach, FL 33480

Significance

The Town identifies this property as commercial and residential, records the related address as 207 Phipps Plaza, and places it in Phipps Plaza. The Preservation Foundation's archival exhibit describes the plaza as a development financed in 1924 and designated a historic district in 1982. It documents the property's use as an architectural office below living space. That historic mixed use is relevant to researching the building; it does not establish permission for a proposed future business use. The county classifies the parcel as 0101, SINGLE FAMILY-COMM ZONING, records 1 unit, and reports total parcel building area of 10,652 square feet. That total is not a claim of interior living area. Compare the building and subarea schedule with a measured survey before using it in valuation. The legal description should control parcel matching when street names, historical estate names, or accessory buildings create ambiguity.

Documented timeline

1. 1924 and 1925

   Town historical construction record

   The Town's landmark inventory gives the historical year as 1924 and 1925, style as Mediterranean Revival, and architectural attribution as Wyeth; Wyeth & Volk. These are documentary descriptions, not findings about present condition.[2]

2. 1982

   Town landmark designation

   The Town's Historic Resources Map gives 11 May 1982 as the designation date for this parcel. The address and parcel identifier match the dossier. Its related address is 207 Phipps Plaza.[2]

3. 1996

   County warranty deed entry

   The county sale-history table records 1 December 1996, $100, and warranty deed, with Official Records reference 09564 / 00852. The nominal amount is not evidence of market value or proof of the transfer purpose. The underlying instrument must be read before assigning a legal explanation.[1]

4. 2007

   County deed of trust entry

   The county sale-history table records 22 February 2007, $10, and deed of trust, with Official Records reference 21440 / 01077. The nominal amount is not evidence of market value or proof of the transfer purpose. The underlying instrument must be read before assigning a legal explanation.[1]

5. 2007

   County life estate entry

   The county sale-history table records 22 February 2007, $0, and life estate, with Official Records reference 21440 / 01080. The nominal amount is not evidence of market value or proof of the transfer purpose. The underlying instrument must be read before assigning a legal explanation.[1]

6. 2018

   County warranty deed entry

   The county sale-history table records 31 October 2018, $4,220,000, and warranty deed, with Official Records reference 30226 / 01332. This is the date and amount shown by the county summary, not an independently confirmed contract closing or recording date. Personal parties are omitted.[1]

7. 2026

   County warranty deed entry

   The county sale-history table records 29 July 2026, $27,500,000, and warranty deed, with Official Records reference 36730 / 01260. This is the date and amount shown by the county summary, not an independently confirmed contract closing or recording date. Personal parties are omitted.[1]

Ownership of record

The county summary identifies the owner of record as a trust; personal names are omitted. Its latest instrument reference is Official Records 36730 / 01260. Use that book and page to retrieve the underlying Clerk instrument and compare the legal description with a current title commitment. The summary is an index to that work, not a title opinion. It cannot establish beneficial ownership, signing authority, current occupancy, private agreements, or the absence of a later instrument that has not reached the appraisal record.

Current status

The latest entry in the county sale-history table is dated 29 July 2026, with $27,500,000 and instrument type warranty deed. This describes the county record reviewed on 1 October 2026. It does not establish current availability or all terms of a transaction.

Buyer diligence

• Match parcel 50-43-43-22-10-000-0012 and the county legal description, PL OF PHIPPS PLAZA W 3.8 FT OF LT A, LTS B, C, D & LT E (LESS W 10 FT, N 30.33 FT OF W 92.88 FT OF E 96 FT & SLY 56.07 FT OF W 89.48 FT OF E 96 FT AS IN OR6306P1355 & OR7453P1102), to the survey and title commitment. Do not rely only on the street address or historic estate name when deciding what land and improvements a transaction includes.
• Retrieve Official Records 36730 / 01260 and the preceding instruments from the Clerk. Compare instrument dates, recording stamps, legal descriptions, and consideration. The 29 July 2026 date here is specifically the date in the Property Appraiser's sale-history table, which can differ from a reported closing date.
• Reconcile the county's 1 unit count, property-use classification, and 10,652 square feet of total parcel building area with approved plans and an inspection. Accessory structures, garages, and semi-finished areas can affect these fields; the total is not a verified living-area measurement or permission for separate rental use.
• Obtain the Town landmark designation report and subsequent certificates of appropriateness. The current Town review page assigns landmark and historically significant building review to the Landmarks Preservation Commission. Establish the required review for the specific exterior, landscape, or courtyard work before pricing a renovation.
• Compare the building card, permit history, and physical inspection. A recorded construction year is a starting point for locating plans, not a warranty of original materials, present structural condition, or completion of later work. Request records for additions and accessory structures as well as the main house.
• Obtain the applicable current FEMA flood map and any elevation certificate before seeking insurance terms. This dossier has not made a parcel flood-zone determination, priced coverage, inspected flood mitigation work, or confirmed the condition of drainage, seawalls, roofing, or concealed building systems.

What the record cannot show

• The complete economic terms of a transaction, private agreements, personal property allocations, or the motivation for a nominal transfer.
• Beneficial ownership behind an entity or trust, current occupants, seller intentions, or the authority of a person to sign a future agreement.
• Whether historical architectural features remain intact or whether an appraisal characteristic corresponds to permitted, completed work.
• Current insurance eligibility and pricing, concealed defects, survey encroachments, or all title exceptions. Those require separate records and professional investigation.