124 Brazilian Avenue, Palm Beach FL 33480, PALM BEACH, FL, 33480
Active250 days on marketListed Dec 12, 2025MLS #R11148042
About this home
124 Brazilian Avenue, Palm Beach FL 33480
Fabulous, In-Town Mediterranean compound on the Ocean Block of Brazilian Avenue. With 8BR/8.2BA, this gorgeous estate features well-scaled rooms, great bones, and sun-filled interiors. The home features a rich blend of original charm and thoughtful updates. Beautiful pecky cypress ceilings, arched doorways, and decorative millwork throughout. Situated on the South Side of the street on a 17,120+/- square foot lot offering exceptional privacy with lush tropical landscaping. Gourmet eat-in kitchen with large island and top-of-the-line appliances leads to formal dining room. Adjacent breakfast room features arched French doors with views of the garden. Formal living room with gorgeous, beamed ceilings and fireplace. Expansive Primary Wing complete with office, dressing area, large bath with dual sinks, and multiple fireplaces. Numerous spacious guest suites with en-suite bathrooms. Beautiful 2BR/2BA guest house includes stunning wet bar and living room with accordion doors for seamless indoor-outdoor living. Resort-style exteriors include columned covered loggia, serene courtyards, spa, and large swimming pool.
Facts & features
The home at a glance
8
Bedrooms
9
Bathrooms
5,682
Sqft
0.39 ac
Lot size
1
Garage
1925
Year built
2
Levels
$5,007
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$172,567 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$172,567/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Palm Beach actives
$5,007 vs $1,248
Days on market
250 vs 112 typical
Where $5,007/sqft sits among the 194 Palm Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Midtown
Get to know Palm Beach. See the full Palm Beach guide →
Midtown — neighborhood snapshot
Population
2,822
Median age
73
Median income
$193,972
Median home value
$1,982,614
Avg household
2
Households w/ children
48%
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Beach market
$365K → $5.0M
Palm Beach median sold, yr/yr
91.4%
Sale-to-list ratio (12 mo)
4 of 194
Palm Beach actives have cut their price
This home is listed 7103% above the PALM BEACH 33480 median. See the full Palm Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 124 Brazilian Avenue
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$12,000,000
401 Chilean Avenue, Palm Beach FL 33480 · same community
3 bd · 5.5 ba · 4,712 sqft · $2,547/sqft · 283 DOM
Sold · Feb ’26$12,800,000
314 Chilean Avenue, Palm Beach FL 33480 · same community
4 bd · 4.5 ba · 4,195 sqft · $3,051/sqft · 97 DOM
Sold · Feb ’26$12,800,000
314 Chilean Ave, Palm Beach FL 33480 · same community
4 bd · 4.5 ba · 4,195 sqft · $3,051/sqft · 92 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 124 Brazilian Avenue — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 124 Brazilian Avenue — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
124 Brazilian Avenue FAQs
What would the monthly payment be for 124 Brazilian Avenue, Palm Beach FL 33480?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $172,567/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 124 Brazilian Avenue, Palm Beach FL 33480?+
The most recent tax bill on record (2025) was $98,678. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 124 Brazilian Avenue, Palm Beach FL 33480?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Palm Beach?+
At $28,450,000, this home is listed about 1040% above the Palm Beach median of $2,495,000. The market section on this page shows how the area is trending.
Which schools are assigned to 124 Brazilian Avenue, Palm Beach FL 33480?+
Palm Beach Public School (elementary), Conniston Middle School (middle), Forest Hill Community High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$28,450,000 runs 7103% above the PALM BEACH 33480 median — but at 5,682 sqft it's also nearly 3 times the size of the typical Palm Beach listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Time on market is leverage
250 days on market against a Palm Beach median of 112 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Palm Beach Public School, Conniston Middle School, Forest Hill Community High School, Glades Construction Academy At West Technical — Palm Beach Public School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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