NOT LISTED FOR SALE

1250 Bimini Ln Riviera Beach, FL 33404

Estimated Value: $2,965,000 - $4,270,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold September 15, 2020

Last sale price $1,200,000 $653 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $21,619/month

61 Days on Market

About This Lot

As of September 2020

Ready for your custom WATERFRONT dream home. 100' water front on deep water canal with wide turning basin close by. Can accommodate up to an 80 foot yacht! 5 minutes to Palm Beach Inlet with no fixed bridges and just one block to Singer Island's beautiful beaches with neighborhood deeded beach access.

Last Agent to Sell the Property

Emmy Buckman

Illustrated Properties LLC (Co License #330094 Listed on: 06/11/2020

Illustrated Properties LLC (Co

Co-Listed By

Owen Buckman

Illustrated Properties LLC (Co License #3085995

Last Buyer's Agent

Marilyn D

Illustrated Properties LLC (Co License #3027059

Illustrated Properties LLC (Co

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,950

Lot Details

  • South Facing Home

Utilities

  • Water Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56434222020000520

Community Details

Overview

  • Property has a Home Owners Association
  • Palm Beach Isles Subdivision

Recreation

  • Community Beach Access
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$19,950

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: North Ocean Drive to Bimini Lane Go West to 1250 Bimini
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, 1/4 to 1/2 Acre Lot
  • Road Frontage Type: Public Road
  • Waterfront Features: No Fixed Bridges
  • Waterfront: Yes
  • Direction Faces: South

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, None, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 17.0
  • Amenities: Beach Access
  • Association: Yes

Lot Info

  • Parcel #: 56434222020000520
  • Current Use: Single Family
  • Development Status: Raw Land
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 19950.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Sep 15, 2020
Sold by
Zenga Leslie E and Zenga Daniel J
Bought by
Destro Joseph Anthony and Bowers Destro Jill
Seller's Agent
Emmy Buckman
Illustrated Properties LLC (Co
Buyer's Agent
Marilyn D
Illustrated Properties LLC (Co
List Price
$1,375,000
Sold Price
$1,200,000
Premium/Discount to List
-$175,000
-12.73%
Current Estimated Value
$3,737,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,537,030
Avg. Annual Appreciation
22.90%

Purchase Details

Listed on
Oct 5, 2019
Closed on
Dec 2, 2019
Sold by
Scollon Judith A and Scollon Duncan B
Bought by
Zenga Duncan B and Zenga Daniel J
List Price
$1,199,000
Sold Price
$1,112,500
Premium/Discount to List
-$86,500
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Dec 27, 2008
Sold by
Parsons Robert J
Bought by
Parsons Robert J

Purchase Details

Closed on
Apr 24, 2003
Sold by
Riekse Garrett J and Harrington Joy M
Bought by
Parsons Robert J

Purchase Details

Closed on
Apr 25, 2001
Sold by
Lena Peres I
Bought by
Riekse Garrett J and Riekse Joy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 1998
Sold by
Peres Lena
Bought by
Peres Lena and Gentile Madeline

Purchase Details

Closed on
Feb 24, 1994
Sold by
Peres John L and Peres Lena
Bought by
Peres Lena
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 Buyer Sale Price Title Company
Destro Joseph Anthony $1,200,000 Attorney
Zenga Duncan B $1,112,500 Attorney
Parsons Robert J -- Attorney
Parsons Robert J $635,000 The Title Network Inc
Riekse Garrett J $410,000 --
Peres Lena $100 --
Peres Lena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peres Lena $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $1,200,000 -12.7% $653 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $1,375,000 +23.6% $748 / Sq Ft
12/02/2019 12/02/19 Sold $1,112,500 -7.2% $605 / Sq Ft View Prior Sale
11/02/2019 11/02/19 Pending -- -- --
10/05/2019 10/05/19 For Sale $1,199,000 -- $652 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $26,100 $2,716,494 -- --
2024 $26,100 $2,639,936 -- --
2023 $54,463 $2,657,703 $1,715,952 $941,751
2022 $24,403 $1,047,200 $0 $0
2021 $20,877 $958,512 $952,000 $6,512
2020 $19,896 $898,570 $800,000 $98,570
2019 $19,950 $892,325 $792,000 $100,325
2018 $19,483 $901,703 $810,244 $91,459
2017 $17,888 $808,761 $710,740 $98,021
2016 $13,519 $644,044 $0 $0
2015 $13,785 $639,567 $0 $0
2014 $14,082 $634,491 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Emmy Buckman

    Seller's Agent in 2020

    Emmy Buckman

    Illustrated Properties LLC (Co

    (561) 863-8740

    8 in this area

    20 Total Sales

    Emmy Buckman
    Section Image
  • Owen Buckman

    Seller Co-Listing Agent in 2020

    Owen Buckman

    Illustrated Properties LLC (Co

    (561) 371-0880

    2 in this area

    10 Total Sales

    Owen Buckman
    Section Image

  • M

    Buyer's Agent in 2020

    Marilyn D

    Illustrated Properties LLC (Co

    (561) 309-3579

    38 in this area

    40 Total Sales

    Marilyn D
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10629858

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-22-02-000-0520

Florida Palm Beach County Riviera Beach 33404

1250 Bimini Ln, Riviera Beach, FL

Not Listed for Sale

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