$4,275,000
SOLD JAN 8, 2016 RENTED DEC 20, 2024
0.46 Acre
$9,312,348 Price per Acre
19,997 Sq Ft Lot

Recently Sold

$1,513 Per Sq Ft

3% Below List Price

249 Days on Market

Highlights

  • Beach Front
  • Palm Beach Public School Rated A-
  • Property has ocean access

About This Lot

As of January 2016

Rear find, huge lot (19,997 SF) with beach access. Fantastic opportunity to build your own home.

Last Agent to Sell the Property

Patricia Mahaney

Sotheby's Intl. Realty, Inc. License #656899 Listed on: 04/03/2015

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Elizabeth Jones

Linda R. Olsson, Inc. License #500254

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,285

Lot Details

  • 0.46 Acre Lot
  • Beach Front
  • Site Plan Filed
  • Property is zoned RB

Listing and Financial Details

  • Assessor Parcel Number 50434303040000020

Community Details

Overview

  • Palm Beach Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$26,285

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Located between Mockingbird Trail and Palmo Way on North Ocean Way (not Blvd.)
  • Special Features: None

Exterior Features

  • Lot Features: Beach Front, < 1/4 Acre
  • Waterfront Features: Ocean Access
  • Waterfront: No

Lot Info

  • Parcel #: 50434303040000020
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 19997.0
  • Zoning Description: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 26285.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Dec 28, 2015
Sold by
Duriez Margaret Dorrance Norris
Bought by
N Ocean Llc
Seller's Agent
Patricia Mahaney
Sotheby's International Realty, Inc.
Buyer's Agent
ELIZABETH JONES
BARCLAYS INTERNATIONAL REALTY
List Price
$4,275,000
Sold Price
$4,275,000
Current Estimated Value
$9,118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,843,000
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Aug 27, 2014
Closed on
Aug 29, 2014
Sold by
Simy Holdings Inc
Bought by
Duriez Margaret Dorrance Norris
Seller's Agent
STEVE HALL
HALL REAL ESTATE
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$3,800,000
Sold Price
$3,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Jul 9, 2003
Sold by
Haft Stuart J
Bought by
Lifmac S A
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 $4,275,000 Attorney
Warranty Deed $3,375,800 Attorney
Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Closed $3,500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Rented $115,000 -20.7% --
05/21/2024 05/21/24 Price Changed $145,000 -17.1% $22 / Sq Ft
04/26/2024 04/26/24 For Rent $175,000 0.0% --
01/08/2016 01/08/16 Sold $4,275,000 0.0% $1,513 / Sq Ft
01/08/2016 01/08/16 Sold $4,275,000 0.0% $1,513 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/11/2015 11/11/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $4,275,000 -2.8% $1,513 / Sq Ft
04/03/2015 04/03/15 For Sale $4,400,000 +15.8% $1,558 / Sq Ft
08/30/2014 08/30/14 Sold $3,800,000 0.0% $1,345 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $3,800,000 -- $1,345 / 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 $246,138 $15,471,261 -- --
2023 $242,373 $14,064,783 -- --
2022 $99,532 $4,817,607 -- --
2021 $72,567 $4,379,643 $4,379,643 $0
2020 $68,609 $4,069,690 $4,069,690 $0
2019 $63,799 $3,699,445 $3,699,445 $0
2018 $60,027 $3,699,745 $3,699,745 $0
2017 $54,741 $3,198,366 $3,198,366 $0
2016 $55,012 $3,198,366 $0 $0
2015 $49,825 $2,781,188 $0 $0
2014 $26,285 $1,358,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10124850

BeachesMLS

APN: 50-43-43-03-04-000-0020