Main Content

540 PALM Way, Gulf Stream, 33483 (MLS# R2106589)

540 PALM Way, Gulf Stream, 33483

$2,900,000
Property Type: Residential Bedrooms: 3 Baths: 6 Square Footage: 5,255 Status: Closed
Current Price: $2,900,000 List Date: 2/05/2001 Last Modified: 5/16/2026

Overview

Description

ELEGANT BERMUDA STYLE HOME WITH 159FT OF WATER FRONTAGE. LARGE ROOMS, HIGH CEILINGS, BEAUTIFULLY APPOINTED. DEPARATE GUEST HOUSE. ONE OF A KIND!

Listing Details MLS# R2106589

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
6
Bathrooms Full
4
Bathrooms Half
2
Building Area Main
5255
Living Area Main
4551
Year Built
1962
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Lot Size Dimensions
155X159
Senior Community YN
No
Waterfront YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
North
Pool Private YN
Yes
Furnished
Unfurnished
LP/Assessed Value
2.96

Property Features

Dining Area: Formal Dining Electric: Three Phase Flooring: Carpet; Other Guest House Features: 1 Bedrooms; Living Room Parking Features: Attached Garage; Garage Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Split Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Other Structures: Cottage Pets Allowed YN: Yes Pool Features: Heated; In Ground Possession: Negotiable Restrictions: No Restrictions Roof: Concrete; Tile Security Features: Security System Tax Information: City/County Water View: Canal; Intracoastal Waterfront Features: Canal Front Room Types: Bedroom 2; Dining Room; Florida Room; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
3250000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
540
Street Name
PALM
Street Suffix
Way
City Name
Gulf Stream
Postal Code
33483
Postal Zip
33483
Subdivision Name
GULF STREAM COVE
Area
4130
Geographic Area
PB05
Special Assessment YN
No
Parcel Number
20434603040000022
Zoning
RES
Directions
A1A TO GOLF VIEW DR W TO POLO N TO PALM WAY

Financial Information

Tax Annual Amount
21121
Tax Year
1999
Tax Assessed/SOH Value
1096996
Tax Legal Description
PLAT OF GULFSTREAM COVE E 59FT OF LT 2+3

Status Change Information

Major Change Timestamp
2001-02-05T06:00:01Z
Major Change Type
New Listing
Status Change Date
2001-10-04
Under Contract Date
2001-02-08
Close Date
2001-10-04
Close Price
2900000

More Information

Price Calculations

Current Price To SqFt
637.22
Original List Price To Close Price
1.12

Originating Details

Originating System Key
20130204143725732683000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

None
Yes

Dining Area

Formal Dining
Yes

Electric

Three Phase
Yes

Flooring

Carpet
Yes
Other
Yes

Guest House Features

1 Bedrooms
Yes
Living Room
Yes

Parking Features

Attached Garage
Yes
Garage
Yes

Other Structures

Cottage
Yes

Possession

Negotiable
Yes

Heating

Central
Yes

Water View

Canal
Yes
Intracoastal
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Ice Maker
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes

Construction Materials

CBS
Yes

Interior Features

Bedroom Layout - Split
Yes

Land Lease Information

Land Lease Remarks
No

Laundry Features

Inside
Yes
Laundry Closet
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Pool Features

Heated
Yes
In Ground
Yes

Roof

Concrete
Yes
Tile
Yes

Security Features

Security System
Yes

Waterfront Features

Canal Front
Yes

Water Heater Details

Electric Water Heater
Yes

Recreation Lease Information

Recreation Lease Remarks
No

Cooling

Central Air
Yes

Master Bedroom/Bath

Separate Shower
Yes

Pets Allowed YN

Yes
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Room Types

Bedroom 2
Yes
Dining Room
Yes
Florida Room
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Room Information

Room Name Length Width
Bedroom 2 16.00 14.00
Dining Room 12.00 11.00
Florida Room 40.00 17.00
Kitchen 23.00 10.00
Living Room 28.00 13.00
Master Bedroom 16.00 14.00
Laundry
Listing Office: The Corcoran Group
IDX
Last Updated: May - 16 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Skip to content