$8,000,000
SOLD MAY 20, 2025
6 Beds
6.5 Baths
7,122 Sq Ft
2024 Built

Recently Sold

$1,123 Per Sq Ft

10% Below List Price

116 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • New Construction
  • Atrium Room
  • Home Theater
  • Heated Spa
  • Vaulted Ceiling

About This Home

As of May 2025

Welcome to 123 Murray Road, a coastal modern new construction residence which was just recently completed in December 2024. With spectacular views of the Intracoastal and Palm Beach Island, the home is just steps from Flagler Drive, sits on an extremely high elevation, and has been meticulously finished to the very best standards. Some of the home's features include 7,122 sq feet of total living space, 5 bedrooms all with ensuite baths, a separate pool-side guest house for maximum outdoor enjoyment, and a fully integrated Smart Home control 4 sound and lighting system. Boasting the highest-end fixtures and luxury finishes throughout, every detail was carefully thought through and implemented.

Last Agent to Sell the Property

Margit Brandt

Premier Estate Properties Inc. License #3430177 Listed on: 12/30/2024

Last Buyer's Agent

Ryan Straub

Spotlight Real Estate Group LLC License #3322518

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,182

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Property fronts an intracoastal waterway
  • Fenced
  • Property is zoned SF14a"SI

Parking

  • 2 Car Garage

Property Views

  • Intracoastal
  • Lake

Home Design

  • Metal Roof

Interior Spaces

  • 7,122 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Skylights
  • French Doors
  • Great Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Atrium Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Pool

  • Heated Spa
  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Lakewood Wpb In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434403100040202
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,182

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2024
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Kitchen/Dining Combo, Pantry, Skylights, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Atrium
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Flooring: Other
  • Living Area: 7122.0
  • Dining Room Type: Atrium, Den, Great Room, Laundry, Media Room, Storage Room
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Intercoastal, Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Other
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Security: Security System, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434403100040202
  • Lot Size: < 1/4 Acre
  • Zoning Description: SF14a"SI

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 29182.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
May 16, 2025
Sold by
123 & 127 Murray Llc
Bought by
Coastal Luxe Living Llc
Seller's Agent
Margit Brandt
Premier Estate Properties Inc.
Buyer's Agent
Ryan Straub
Spotlight Real Estate Group LLC
List Price
$8,900,000
Sold Price
$8,000,000
Premium/Discount to List
-$900,000
-10.11%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.49%
Original Mortgage
$5,200,000
Outstanding Balance
$5,186,147
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$2,624,506

Purchase Details

Closed on
Feb 1, 2022
Sold by
Ord George P and Ord Lavonne N
Bought by
123 & 127 Murray Llc
Source: Public Records

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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 $8,000,000 None Listed On Document
Warranty Deed $2,500,000 Murphy Reid Llp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,200,000 New Conventional
Previous Owner $2,650,000 Construction
Previous Owner $2,750,000 Construction
Previous Owner $2,070,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $150,000 Credit Line Revolving
Previous Owner $407,600 New Conventional
Previous Owner $155,538 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $300,000 Unknown
Previous Owner $90,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Rent $30,000 0.0% --
05/20/2025 05/20/25 Sold $8,000,000 -5.8% $1,123 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $8,490,000 -4.6% $1,192 / Sq Ft
12/30/2024 12/30/24 For Sale $8,900,000 -- $1,250 / Sq Ft
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 $29,182 $1,411,122 -- --
2023 $39,256 $1,891,453 $1,282,838 $608,615
2022 $6,352 $330,113 $0 $0
2021 $6,332 $320,498 $0 $0
2020 $6,294 $316,073 $0 $0
2019 $6,197 $308,967 $0 $0
2018 $5,868 $303,206 $0 $0
2017 $5,787 $296,970 $0 $0
2016 $5,773 $290,862 $0 $0
2015 $5,887 $288,840 $0 $0
2014 $5,894 $286,548 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11047733

BeachesMLS

APN: 74-43-44-03-10-004-0202