NOT LISTED FOR SALE

1118 Cabana Rd West Palm Beach, FL 33404

Estimated Value: $3,168,000 - $4,147,000

0.21 Acre
$16,446,214 Price per Acre
9,000 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $280,000

Est. 1,133% increase in value since last sale

Current estimated payment $19,293/month

551 Days on Market

Highlights

  • Beach Front
  • Intracoastal View
  • Paved or Partially Paved Lot
  • William T. Dwyer High School Rated A-

About This Lot

As of June 2020

**Available Now** Two adjoining vacant parcels approved for 4 dwelling units each for a total of 8 units and a total of .40 acres on Singer Island. Potential water views from the second and/or third floors. These properties span from Cabana Road to South Harbor Road giving a unique layout for many potential designs. Lots to be sold together. Potential impact and utility fee credits for previous structure. Singer Island boasts a rich history and a rising real estate market.

Last Agent to Sell the Property

Chris Heine Jr

Chris Allen Realty License #3262471 Listed on: 11/01/2018

Last Buyer's Agent

Chris Heine Jr

Chris Allen Realty License #3262471 Listed on: 11/01/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,004

Lot Details

  • 9,000 Sq Ft Lot
  • Beach Front
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RM-15(

HOA Fees

  • $190 Monthly HOA Fees

Property Views

  • Intracoastal Views

Community Details

  • Yacht Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56434227020050091

Property Details

Property Type

Land

Est. Annual Taxes

$4,004

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: Singer Island (N Ocean Drive) to Cabana Road just north of the Ocean Mall
  • Special Features: None

Exterior Features

  • View: Intercoastal, Other, Water
  • Lot Features: Beach Front, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee: 190.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434227020050091
  • Current Use: Multi-Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9000.0
  • Zoning Description: RM-15(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4004.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jun 4, 2020
Sold by
3Cl Holdings Llc
Bought by
Cb020 Llc
Seller's Agent
Chris Heine Jr
Chris Allen Realty
Buyer's Agent
Chris Heine Jr
Chris Allen Realty
List Price
$485,000
Sold Price
$280,000
Premium/Discount to List
-$205,000
-42.27%
Current Estimated Value
$3,453,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,173,705
Avg. Annual Appreciation
60.87%

Purchase Details

Closed on
Aug 27, 2019
Sold by
Greenway At Singer Island Llc
Bought by
3Cl Holdings Llc

Purchase Details

Closed on
Jun 1, 2017
Bought by
Greenway At Singer Island Llc

Purchase Details

Closed on
Oct 5, 2015
Sold by
Harbourside Properties Llc
Bought by
Cabana Road Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 28, 2009
Sold by
Harbor Villas Llc
Bought by
Harbourside Properties Llc

Purchase Details

Closed on
Apr 29, 2005
Sold by
Shell Robert L
Bought by
Harbor Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.88%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 9, 1998
Sold by
Sherry Edwardj
Bought by
Shell Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,250
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1995
Sold by
Banks David M
Bought by
Sherry Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
9.05%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cb020 Llc $560,000 Attorney
3Cl Holdings Llc -- None Available
Greenway At Singer Island Llc $550,000 --
Cabana Road Holdings Llc $1,400,000 Attorney
Harbourside Properties Llc $2,400,000 Attorney
Harbor Villas Llc $2,200,000 --
Shell Robert L $239,000 --
Sherry Edward J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabana Road Holdings Llc $1,200,000
Previous Owner Harbor Villas Llc $5,000,000
Previous Owner Shell Robert L $179,250
Previous Owner Sherry Edward J $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $280,000 -42.3% --
05/06/2020 05/06/20 Pending -- -- --
11/01/2018 11/01/18 For Sale $485,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,422 $353,189 -- --
2023 $8,073 $321,081 $0 $0
2022 $7,125 $291,892 -- --
2021 $5,780 $265,356 $265,356 $0
2020 $5,085 $231,660 $231,660 $0
2019 $4,901 $221,130 $221,130 $0
2018 $4,543 $210,209 $210,209 $0
2017 $4,004 $182,774 $182,774 $0
2016 $4,010 $179,150 $0 $0
2015 $3,843 $164,736 $0 $0
2014 $3,548 $149,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chris Heine Jr

    Chris Allen Realty

    (561) 718-7578

    24 Total Sales

    Chris Heine Jr
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Map

Source: BeachesMLS

MLS Number: R10477539

BeachesMLS

APN: 56-43-42-27-02-005-0091

Florida Palm Beach County West Palm Beach 33404

1118 Cabana Rd, West Palm Beach, FL

This home is located at 1118 Cabana Rd, West Palm Beach, FL 33404 since 01 November 2018 and is currently estimated at $3,453,705. 1118 Cabana Rd is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, William T. Dwyer High School, and John F. Kennedy Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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