D
Seller's Agent in 2021
David Reback
Reback Realty, Inc.
(561) 627-9590
40 in this area
53 Total Sales
12530 Seminole Beach Rd North Palm Beach, FL 33408
Estimated Value: $6,420,000 - $39,306,380
7
Beds
8
Baths
13,582
Sq Ft
$1,683/Sq Ft
Est. Value
Highlights
- 200 Feet of Waterfront
- Direct Ocean View
- Outdoor Pool
- William T. Dwyer High School Rated A-
- Home Theater
- Garage Apartment
About This Home
As of May 2021''American Classic'' Private 200' of Wide, Protected Beachfront directly on the Atlantic Ocean- An exclusive 1.4 acre oceanfront compound nestled in one of Palm Beaches most sought
after communities, is a rare find. From the minute you arrive, entering through the circular paved motor-court, you are met with relaxing tropical breezes, lush landscaping and
architectural grace. Offered at $1,722 per square foot with 13,582 sqft living area and 18,871 sqft total area. Built in 2009 this private residence's first floor features spectacular living
spaces and dramatic ocean vistas highlighted by an expansive living room, dining room, family room, over-sized gourmet island kitchen with professional grade appliances, and master
retreat, as well as his and her offices which could be additional bedrooms. The ground level includes: 5-car garage, cabana bath, powder room, mud room, game room, wine room, gift room, as well as staff bedroom, living room and bath.
The second floor boasts dramatic pool and ocean vistas featuring 5 additional large and nicely appointed bedrooms, 5 baths, plus study, 2-balconies and a grand sun-deck, serviced by a generous sized second-floor laundry and storage rooms.
Outdoors the sparkling over-sized pool and cabana are the focal point and gathering area for family and friends. The Mediterranean design is echoed in it's every detail, from the designers soft exterior pastels highlighted by white French windows and doors to the contrasting rooftop with the patina-copper chimney tops. The sundial spirited pergola wrapping the summer-kitchen loggia complete the architectural detail. A blending together of warm rays of sunshine and cool ocean breezes. Complete with a gymnasium, massage room and Tiki hut.
Last Agent to Sell the Property
Reback Realty, Inc. License #BK-0499936 Listed on: 09/30/2020
Last Buyer's Agent
NON MEMBER
NON MEMBER FIRM
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $247,350
Year Built
- Built in 2009
Lot Details
- 1.39 Acre Lot
- 200 Feet of Waterfront
- Cul-De-Sac
- West Facing Home
- Gated Home
- Sprinkler System
- Property is zoned RS
Home Design
- Slate Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 13,582 Sq Ft Home
- 3-Story Property
- Elevator
- Central Vacuum
- Fireplace
- Home Theater
- Library
- Home Gym
- Direct Ocean Views
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 7 Bedrooms
- 8 Bathrooms
- Bidet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Parking
- Attached Garage
- Garage Apartment
Pool
- Outdoor Pool
- Saltwater Pool
Outdoor Features
- Balcony
- Patio
- Lanai
- Attached Grill
Utilities
- Central Heating and Cooling System
- Septic System
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 00434133020000061
Community Details
Overview
- Voluntary home owners association
- Seminole Club Add Subdivision
Security
- Security Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2020
Closed on
May 21, 2021
Sold by
Hoffman Alfred and Alfred Hoffman Jr Trust
Bought by
Burson Robert A and 12530 Seminole Beach Road Trus
Seller's Agent
David Reback
Reback Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$29,500,000
Sold Price
$29,500,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,636,810
Avg. Annual Appreciation
-5.59%
Original Mortgage
$19,175,000
Outstanding Balance
$17,447,797
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$5,744,039
Purchase Details
Closed on
Nov 3, 2004
Sold by
Armstrong Marie B
Bought by
Hoffman Alfred and Alfred Hoffman Jr Trust
Purchase Details
Closed on
Feb 12, 2001
Sold by
Charles Armstrong I
Bought by
Armstrong Marie B
Purchase Details
Closed on
Oct 14, 1997
Sold by
Jenkins Charles R
Bought by
Armstrong Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
7.6%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burson Robert A | $29,500,000 | Attorney | |
| Hoffman Alfred | $10,528,000 | -- | |
| Armstrong Marie B | -- | -- | |
| Armstrong Charles | $3,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burson Robert A | $19,175,000 | |
| Previous Owner | 12530 Seminole Beach Road Trus | $5,000,000 | |
| Previous Owner | Armstrong Marie B | $1,600,000 | |
| Previous Owner | Armstrong Charles | $1,600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2021 05/21/21 | Sold | $29,500,000 | 0.0% | $2,172 / Sq Ft |
| 05/21/2021 05/21/21 | Sold | $29,500,000 | 0.0% | $2,172 / Sq Ft |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- |
| 12/31/2020 12/31/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | For Sale | $29,500,000 | -9.2% | $2,172 / Sq Ft |
| 09/02/2020 09/02/20 | For Sale | $32,500,000 | -- | $2,393 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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 | $471,430 | $28,846,561 | -- | -- |
| 2023 | $461,701 | $28,006,370 | $0 | $0 |
| 2022 | $459,846 | $27,190,650 | $0 | $0 |
| 2021 | $250,960 | $14,388,060 | $0 | $0 |
| 2020 | $249,948 | $14,189,408 | $0 | $0 |
| 2019 | $247,350 | $13,870,389 | $0 | $0 |
| 2018 | $235,363 | $13,611,765 | $0 | $0 |
| 2017 | $234,393 | $13,331,797 | $0 | $0 |
| 2016 | $235,894 | $13,057,588 | $0 | $0 |
| 2015 | $242,268 | $12,966,820 | $0 | $0 |
| 2014 | $243,087 | $12,863,909 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Reback
-
John Reback
J
Seller Co-Listing Agent in 2021
John Reback
Reback Realty, Inc
(561) 313-7763
27 in this area
34 Total Sales
-
N
Buyer's Agent in 2021
NON MEMBER
NON MEMBER FIRM
-
Rhys Hollyman
Buyer's Agent in 2021
Rhys Hollyman
Logan Realty Inc
(561) 351-1686
3 in this area
49 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 20-1624
APN: 00-43-41-33-02-000-0061
Nearby Homes
- 1162 Banyan Estates Dr
- 12404 Indian Rd
- 12085 Banyan Rd
- 12058 Turtle Beach Rd
- 11991 Lake Shore Place
- 80 Celestial Way Unit 213
- 475 Juno Dunes Way
- 402 Ocean One Ln
- 120 Celestial Way Unit 113
- 120 Celestial Way Unit 112
- 11863 Lake Shore Place
- 1665 Isles Cir
- 437 Juno Dunes Way
- 1586 Packwood Rd
- 11823 Lake Shore Place
- 400 Seaside Ln
- 11961 Us Highway 1
- 600 Uno Lago 202 Dr Unit 202
- 700 Uno Lago Dr Unit 4020
- 1607 E Hemingway Dr
- 12520 Seminole Beach Rd
- 12357 Seminole Beach Rd
- 12395 Banyan Rd
- 12510 Seminole Beach Rd
- 12525 Seminole Beach Rd
- 12341 Banyan Rd
- 12369 Banyan Rd
- 12345 Banyan Rd
- 12331 Banyan Rd
- 12540 Seminole Beach Rd
- 12317 Banyan Rd
- 12243 Banyan Rd
- 12535 Seminole Beach Rd
- 12170 Banyan Rd
- 12175 Banyan Rd
- 12391 Banyan Rd
- 1030 Sea Acres Way
- 12457 Banyan Rd
- 12407 Banyan Rd
- 12423 Banyan Rd