NOT LISTED FOR SALE

12520 Seminole Beach Rd North Palm Beach, FL 33408

Estimated Value: $6,644,000 - $61,565,140

11 Beds
18 Baths
23,176 Sq Ft
$1,472/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $28,641,000 $1,236 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $231,079/month

266 Days on Market

Highlights

  • Ocean Front
  • Gated with Attendant
  • Garage Apartment
  • William T. Dwyer High School Rated A-
  • Heated Pool
  • 60,352 Sq Ft lot

About This Home

As of September 2020

Secluded on 1.4 gated acres in Seminole Landing is an estate of understated elegance and Caribbean inspiration. The 25,878 square foot residence takes full advantage of its oceanfront location, blurring the lines between indoors and out, and allowing for the most pleasurable resort like lifestyle. The style of British West Indies--with its breezy outdoor spaces and light-filled, view-focused interiors--offered inspiration and was adapted for relaxed, refined modern living.

Last Agent to Sell the Property

Todd Peter

Sotheby's Intl. Realty, Inc. License #3049697 Listed on: 11/18/2019

Sotheby's Intl. Realty, Inc.

Co-Listed By

Cris Condon

Sotheby's Intl. Realty, Inc. License #392210

Last Buyer's Agent

Todd Peter

Sotheby's Intl. Realty, Inc. License #3049697 Listed on: 11/18/2019

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $348,039

Year Built

  • Built in 2014

Lot Details

  • 1.39 Acre Lot
  • Ocean Front
  • Fenced
  • Sprinkler System
  • Property is zoned RS

Parking

  • 4 Car Attached Garage
  • Garage Apartment

Interior Spaces

  • 23,176 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Ocean Views
  • Intercom

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Seawall
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434133020000041

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Seminole Landing Subdivision
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$348,039

Year Built

Built in 2014

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Directions not disclosed at this time.
  • Year Built: 2014
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Eat-in Kitchen, Elevator, Fireplace, Living/Dining Room, Pantry, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 15
  • Half Bathrooms: 3
  • Total Bedrooms: 11
  • Fireplace: Yes
  • Flooring: Marble, Other, Tile, Wood
  • Living Area: 23176.0
  • Dining Room Type: Den, Family Room, Garage Apartment, In-Law Suite, Laundry, Storage Room
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Fence, Outdoor Grill, Porch, Patio
  • View: Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Other Equipment: Intercom
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00434133020000041
  • Lot Size Sq Ft: 60352.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 348039.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Oct 15, 2020
Sold by
Weiner Russell and Weiner Russell
Bought by
Tranquil Sunrise Llc
Seller's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
List Price
$44,500,000
Sold Price
$28,641,000
Premium/Discount to List
-$15,859,000
-35.64%
Current Estimated Value
$34,104,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,463,570
Avg. Annual Appreciation
3.50%

Purchase Details

Listed on
Nov 18, 2019
Closed on
Sep 10, 2020
Sold by
Nordegren Elin Maria Pernilla and Northern Lights Trust
Bought by
Weiner Russell and Russell Weiner Revocable Trust
Seller's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
List Price
$44,500,000
Sold Price
$28,641,000
Premium/Discount to List
-$15,859,000
-35.64%

Purchase Details

Closed on
Feb 7, 2011
Sold by
Ulrich Agatha T and Ulrich Thomas G
Bought by
Belcher Dennis I and Northern Lights Trust

Purchase Details

Closed on
Jan 29, 2002
Sold by
Preston John W S and Preston Monika
Bought by
Ulrich Agatha T
Source: Public Records

Range of Values:

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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
Tranquil Sunrise Llc $41,777,000 Advantage Title
Weiner Russell $28,641,000 Attorney
Belcher Dennis I $12,250,000 Attorney
Ulrich Agatha T $15,150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $28,641,000 -35.6% $1,236 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $44,500,000 -- $1,920 / 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 $603,170 $36,070,049 -- --
2023 $575,773 $32,790,954 $26,730,000 $11,403,801
2022 $504,848 $29,809,958 $0 $0
2021 $492,422 $28,176,444 $15,400,000 $12,776,444
2020 $369,584 $20,973,220 $0 $0
2019 $365,747 $20,501,681 $0 $0
2018 $348,039 $20,119,412 $0 $0
2017 $346,289 $19,705,595 $0 $0
2016 $348,518 $19,300,289 $0 $0
2015 $357,952 $19,166,126 $0 $0
2014 $212,650 $11,152,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10579071

BeachesMLS

APN: 00-43-41-33-02-000-0041