$2,760,000
SOLD JUN 14, 2024
1 Acre
$2,760,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

$903 Per Sq Ft

167 Days on Market

Highlights

  • Private Dock
  • 1 Acre Lot
  • No HOA
  • Addison Mizner Elementary School Rated A-
  • Home fronts a canal
  • 3-minute walk to Pine Breeze Park

About This Lot

As of June 2024

Stunning property on an almost 1 acre lot with 120 ft of water frontage with OCEAN ACCESS and no vis-a-vis, allowing you to enjoy peaceful views on a private and protected waterway. The neighborhood and the back yard are perfect for a resort style living. Well placed banyan trees enhance the outdoors and give it a natural and tropical feel. In addition, there are parking spaces within the compound for at least 10 cars. Build your dream home or enjoy the current renovations! Buildable square footage is around 28,000 sf

Last Agent to Sell the Property

Jennifer Petruzzelli

Miami Portfolio Collection License #3363251 Listed on: 10/19/2023

Miami Portfolio Collection

Co-Listed By

Linda Maria Erice

Miami Portfolio Collection License #3024593

Last Buyer's Agent

Kip Reynolds

Atlantic Properties Int'l Inc License #3142160

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,649

Year Built

  • 1947

Lot Details

  • 1 Acre Lot
  • 120 Ft Wide Lot
  • Home fronts a canal
  • North Facing Home
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R1D (cit

Listing and Financial Details

  • Assessor Parcel Number 06424736010770350

Community Details

Overview

  • No Home Owners Association
  • Palm Beach Farms Co 10 Condos
  • Palm Beach Farms Co 10 Subdivision

Recreation

  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$24,649

Year Built

1947

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: KWPC01
  • Co List Office Phone: 305-570-4305
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 1
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: PALM BEACH FARMS CO 10
  • Special Features: VirtualTour
  • Year Built: 1947

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: North
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Cleared
  • Other Structures: Livable, Well Kept
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PALM BEACH FARMS CO 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 06424736010770350
  • Additional Parcels: No
  • Current Use: Residential, Other Usage, Recreational
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 34751
  • Zoning: R1D (cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 24649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Jun 14, 2024
Sold by
1150 Rodar Boca Heavy Llc
Bought by
Bear Den Revocable Trust and Tallman
Seller's Agent
Jennifer Petruzzelli
Miami Portfolio Collection
Buyer's Agent
Kip Reynolds
Atlantic Properties Int'l Inc
List Price
$2,750,000
Sold Price
$2,760,000
Premium/Discount to List
$10,000
0.36%
Total Days on Market
167
Views
159
Current Estimated Value
$2,743,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,413
Avg. Annual Appreciation
-0.61%
Original Mortgage
$2,208,000
Outstanding Balance
$2,187,074
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$556,513

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 28, 2023
Sold by
Global Enterprise Holdings Usa Llc
Bought by
1150 Rodar Boca Heavy Llc
Seller's Agent
Nicholas Trotz
Better Homes & Gdns RE Fla 1st
Buyer's Agent
Jennifer Petruzzelli
Miami Portfolio Collection
List Price
$2,525,000
Sold Price
$2,135,000
Premium/Discount to List
-$390,000
-15.45%
Views
171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.51%

Purchase Details

Listed on
Apr 1, 2013
Closed on
Feb 28, 2014
Sold by
Potter William F and Potter Jean T
Bought by
Global Enterprise Holdings Usa Llc
Seller's Agent
Michael Weppner
Compass Florida LLC
Buyer's Agent
Dina Schwartz
Champagne & Parisi Real Estate
List Price
$999,000
Sold Price
$798,000
Premium/Discount to List
-$201,000
-20.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$558,600
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2001
Sold by
James B Montgomery M and Montgomery M Carol M
Bought by
Potter William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1993
Sold by
Montgomery James B
Bought by
Glendale Fed Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
7.34%
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 Type Sale Price Title Company
Warranty Deed $2,760,000 None Listed On Document
Warranty Deed $2,135,000 None Listed On Document
Warranty Deed $798,000 Attorney
Warranty Deed $350,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,208,000 New Conventional
Previous Owner $558,600 Adjustable Rate Mortgage/ARM
Previous Owner $10,000 Credit Line Revolving
Previous Owner $408,000 New Conventional
Previous Owner $450,000 Unknown
Previous Owner $348,900 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $150,000 Unknown
Previous Owner $130,000 New Conventional
Previous Owner $35,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $2,760,000 +0.4% $903 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $2,750,000 -0.4% $899 / Sq Ft
01/26/2024 01/26/24 Off Market $2,760,000 -- --
10/19/2023 10/19/23 For Sale $2,750,000 +28.8% $899 / Sq Ft
04/28/2023 04/28/23 Sold $2,135,000 -15.4% $684 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $2,525,000 +216.4% $809 / Sq Ft
02/02/2014 02/02/14 Sold $798,000 -20.1% $261 / Sq Ft
01/03/2014 01/03/14 Pending -- -- --
04/01/2013 04/01/13 For Sale $999,000 -- $327 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $33,590 $1,953,889 -- --
2023 $27,290 $1,327,011 $1,600,830 $372,898
2022 $24,649 $1,206,374 $0 $0
2021 $20,126 $1,096,704 $840,000 $256,704
2020 $20,872 $1,138,203 $875,000 $263,203
2019 $21,147 $1,143,080 $875,000 $268,080
2018 $18,173 $1,006,048 $742,293 $263,755
2017 $18,455 $1,008,112 $742,293 $265,819
2016 $17,863 $913,643 $0 $0
2015 $15,538 $796,626 $0 $0
2014 $6,245 $348,415 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11471593

MIAMI REALTORS® MLS

APN: 06-42-47-36-01-077-0350