Bright Yellow $14M Palm Beach Home Hits Market in One of the Island’s Most Exclusive Enclaves

A striking Palm Beach residence has just arrived on the luxury market: a $14 million home on a highly sought-after avenue offering classic island living just steps from the ocean.

The bright yellow estate at 240 Tangier Ave. sits within one of Palm Beach Island’s most desirable micro-markets—a prime location that helps explain its $3,130 price per square foot, more than double the island’s median. The property is represented by Elizabeth DeWoody.

While that figure is steep for a four-bedroom home, Tangier Avenue consistently commands premium pricing. Properties near town, particularly along Tangier, Via Tortuga, and North County Road, often fetch some of the island’s highest per-square-foot numbers, driven by scarcity, prestige, and sustained demand from well-to-do buyers.

Last sold in the 1990s, the residence occupies an oversized 17,000-square-foot lot. Spanning nearly 5,000 square feet, the home blends timeless Palm Beach charm with generous potential for modernization or reinvention.

Its well-proportioned layout features bright interiors that open onto lush gardens, creating an effortless indoor-outdoor lifestyle synonymous with the island.

Besides its sunny-yellow curb appeal, location is a defining feature and provides close proximity to the area's best beaches while also being within a short walk or bike ride from the shopping, dining, and cultural destinations that define life on the island.

Inside, the residence includes four full bathrooms, open living spaces characterized by vaulted ceilings, and large windows with views of the pool and landscaped grounds that offer ample privacy.

Whether used for morning swims, alfresco dining, or relaxed gatherings with friends, the outdoor spaces enhance the home’s connection to Palm Beach’s relaxed coastal lifestyle.

Architectural details reflect the understated elegance long associated with Palm Beach, while the home’s footprint makes it equally appealing as a move-in-ready residence or as the beginning of a future custom build.

With its classic facade, generous lot, and proximity to the very best of Palm Beach, the home represents a distinct chance to secure a spot in one of Florida’s most coveted luxury communities.