Atlantic Luxury Advisors
206 Caribbean photo 1206 Caribbean photo 2

206 Caribbean

Palm Beach, FL 33480

$14,995,000
4
4.5
4,187 sq ft
9,746 sq ft
2026
2 car
Single Family Residence
Yes
196
Active

Listing courtesy of Compass Florida LLC (Chris Deitz). Contact: [email protected].

About this home

Exceptional new construction located in the coveted North End of Palm Beach, 206 Caribbean Road is a meticulously designed two-story residence offering timeless architecture, refined interiors, and seamless indoor-outdoor living, with anticipated completion at the end of March 2026. Thoughtfully designed for both everyday comfort and elegant entertaining, the home features dramatic vaulted ceilings with exposed wood beam detailing, expansive impact glass doors, and an open concept great room that flows effortlessly into the covered loggia and resort style saltwater pool and spa. Expansive impact sliding glass walls and doors create seamless indoor-outdoor living while filling the space with natural light. The outdoor entertaining area is complemented by a fully equipped summer kitchen and relaxing lounge area, creating the perfect setting for hosting while surrounded by lush, private landscaping. The custom chef's kitchen is centered around an oversized island with natural stone countertops, bespoke cabinetry, and premium Sub-Zero and Wolf appliances. High ceilings, wide-plank flooring, and carefully crafted millwork continue throughout the home, reflecting exceptional quality and attention to detail. The first floor primary suite offers a private retreat with a spa inspired bath featuring full stone finishes, walk-in shower with seating, custom vanity, and a boutique style dressing room. A flexible downstairs den can also serve as a fourth bedroom or guest suite, while additional guest bedrooms upstairs provide comfort and privacy. Designed with a focus on modern convenience and security, the residence features a full Lutron low-voltage lighting system, integrated smart home capabilities, a comprehensive security system, and a generator for added peace of mind. Ideally situated just steps away from the beach with convenient nearby access, this is a rare opportunity to own a newly constructed home where every detail was thoughtfully considered.

What it costs to own
Estimated monthly payment
$106,996/mo
Principal and interest
$75,823
Property tax
$21,798
Homeowners insurance
$9,375
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$261,573/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.