NOT LISTED FOR SALE

125 El Bravo Way Palm Beach, FL 33480

Estimated Value: $9,619,000

0.47 Acre
$20,465,957 Price per Acre
20,473 Sq Ft Lot

Last Sold August 19, 2021

Last sale price $14,750,000

Est. 35% decrease in value since last sale

Current estimated payment $60,667/month

193 Days on Market

About This Lot

As of August 2021

Premier Ocean block property two blocks South of Worth Avenue, on an 1/2 acre lot with recently approved ARCOM plans for 10,000+/- sq. ft. home. ALL photos are architectural artist renderings. Property listed is being sold as land and plans only.

Last Agent to Sell the Property

Chris Deitz

Compass Florida LLC (PB) License #631706 Listed on: 01/07/2021

Compass Florida LLC (PB)

Co-Listed By

B. DUERR

One Sotheby's International Re License #3117391

Last Buyer's Agent

James Kenny

K2 Realty, Inc. (NPB) License #3067814

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $87,715

Year Built

  • 2023

Lot Details

Additional Features

  • Property is zoned RB
  • City Lot

Community Details

  • El Bravo Singer Annex Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434326230050020

Property Details

Property Type

Land

Est. Annual Taxes

$87,715

Year Built

2023

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Royal Palm Way and S County Rd to El Bravo Way in Palm Beach.
  • Special Features: VirtualTour
  • Year Built (Public Record): 2023

Exterior Features

  • Lot Features: City Lot
  • Waterfront: No

Lot Info

  • Parcel #: 50434326230050020
  • Current Use: Single Family
  • Development Status: Raw Land
  • Zoning Description: RB

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 87715.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Sankey and Beth
Bought by
El Bravo Way 125 Llc
Total Days on Market
193
Current Estimated Value
$9,619,000

Purchase Details

Closed on
Dec 9, 2021
Sold by
Sankey and Beth
Bought by
El Bravo Way 125 Llc

Purchase Details

Listed on
Jan 7, 2021
Closed on
Aug 19, 2021
Sold by
125 El Bravo Way Llc
Bought by
Sankey James and Sankey Beth
Seller's Agent
Chris Deitz
Compass Florida LLC (PB)
Buyer's Agent
James Kenny
K2 Realty, Inc. (NPB)
List Price
$15,900,000
Sold Price
$14,750,000
Premium/Discount to List
-$1,150,000
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.67%

Purchase Details

Closed on
Aug 8, 2020
Sold by
89 Middle Road Llc
Bought by
125 El Bravo Way Llc
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
El Bravo Way 125 Llc -- Jones Foster Pa
El Bravo Way 125 Llc -- Jones Foster Pa
Sankey James $14,750,000 Patch Reef Title Company Inc
125 El Bravo Way Llc $7,187,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $14,750,000 0.0% --
08/19/2021 08/19/21 Sold $14,750,000 -7.2% --
07/20/2021 07/20/21 Pending -- -- --
03/22/2021 03/22/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $15,900,000 +7.8% --
12/22/2020 12/22/20 For Sale $14,750,000 -- --
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 $308,423 $20,299,159 -- --
2023 $154,742 $10,231,650 $10,231,650 $0
2022 $156,864 $10,050,000 $0 $0
2021 $90,499 $5,500,000 $5,500,000 $0
2020 $87,715 $5,400,000 $5,400,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Deitz

    Seller's Agent in 2021

    Chris Deitz

    Compass Florida LLC (PB)

    (561) 655-6570

    21 Total Sales

    Chris Deitz
    Section Image

  • C

    Seller's Agent in 2021

    CHRISTOPHER DEITZ

    William Raveis South Florida

  • B

    Seller Co-Listing Agent in 2021

    B. DUERR

    One Sotheby's International Re

    (561) 694-0058

    74 Total Sales

    B. DUERR
    Section Image

  • J

    Buyer's Agent in 2021

    James Kenny

    K2 Realty, Inc. (NPB)

    (561) 691-1223

    40 Total Sales

    James Kenny
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10682707

BeachesMLS

APN: 50-43-43-26-23-005-0020

Florida Palm Beach County Palm Beach 33480

125 El Bravo Way, Palm Beach, FL

This home is located at 125 El Bravo Way, Palm Beach, FL 33480 since 07 January 2021 and is currently estimated at $9,619,000. This property was built in 2023. 125 El Bravo Way is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High 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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