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+50 photosLuxury estate — 111 Via Del Lago · Tropical Isle · Palm Beach
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Open property magazine$59,000,000
111 Via Del Lago, Palm Beach, FL 33480
Palm Beach, FL, 33480
9 bd · 12 ba · 12,000 sqft
Listed by The Corcoran Group
111 Via Del Lago, Palm Beach, FL 33480
Listed by The Corcoran Group
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Estimated monthly payment
$349,285/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $349,285/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesClassic Mediterranean Palm Beach estate by renowned architect Marion Sims Wyeth. Situated in Palm Beach's prestigious Estate Section, this remarkable property offers privacy, grandeur & timeless architectural significance. Approx. 16,000 SF w/ 9BR/10.2BA on an approx. 50,000 SF lot featuring 7 fountains, manicured rose gardens & an Old Chicago brick circular drive w/ parking for up to 12 cars. Highlights include a dramatic living room w/ 35' ceilings, original stenciled Pecky Cypress beams, 3 fireplaces, primary suite w/ dual baths & dressing rooms, wine cellar, chef's kitchen, elevator, pool, 2-story cabana, gym, sauna, & nearby beach access. A truly extraordinary Palm Beach estate offering exceptional scale & character just moments from the finest clubs, dining, shopping & beaches Additional amenities include 6-car garage + 4 covered parking spaces, newer roof (approx. 3 years), impact windows & doors, full-house generator, HVAC cooling tower & robotic lawn mower, 2 laundry rooms, staff/guest quarters & dog-washing station. Expansive al fresco dining, BBQ & entertainment areas complement the seamless indoor-outdoor lifestyle. This exceptional 3-story compound is located just one house from the ocean in an X Flood Zone (17' NAVD elevation), meaning no flood insurance is required. This is a one of a kind Palm Beach legacy property to be enjoyed for generations.
Property Details
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Your costs (est.)
≈ $349,285/mo
111 Via Del Lago, Palm Beach, FL 33480 · Palm Beach
Location
111 Via Del Lago, Palm Beach, FL 33480
What buyers ask about this home
What are the estimated monthly carrying costs at 111 Via Del Lago, Palm Beach, FL 33480?+
Property tax (after sale): $40,368/month est.; homeowners insurance: $2,779/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $43,146/month est. Principal and interest: $306,138/month; PMI: $0/month. Total for the payment scenario shown: $349,285/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 111 Via Del Lago, Palm Beach, FL 33480?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 111 Via Del Lago, Palm Beach, FL 33480 need flood insurance, and what drives the premium?+
Most of Palm Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 111 Via Del Lago, Palm Beach, FL 33480?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the pool at 111 Via Del Lago, Palm Beach, FL 33480?+
A pool typically adds ongoing service, chemicals and electricity, plus periodic resurfacing and equipment replacement. Verify the safety barrier meets Florida code, which is required for insurance and resale.
Is there room to negotiate on 111 Via Del Lago, Palm Beach, FL 33480?+
This listing has been on the market 56 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Palm Beach. Historic island address — Worth Avenue, oceanfront estates, and the Breakers, with private clubs throughout.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Conniston Middle School
Middle school · 1.5 mi from this home · 3630 Parker Ave, West Palm Beach
Forest Hill Community High School
High school · 2.6 mi from this home · 6901 Parker Ave, West Palm Beach
Zone boundaries published by School District of Palm Beach County.
Other options for this address
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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Simon Gedz
Realtor® since 1995
Interested in this property?
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