$29,500,000
SOLD MAY 21, 2021

12530 Seminole Beach Rd North Palm Beach, FL 33408

7 Beds
11 Baths
13,582 Sq Ft
1.39 Acres

Recently Sold

$2,172 Per Sq Ft

9% Below List Price

230 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Ocean View
  • Concrete Pool
  • William T. Dwyer High School Rated A-
  • Gated with Attendant
  • 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

Last Agent to Sell the Property

David Reback

Reback Realty, Inc License #499936 Listed on: 09/02/2020

Co-Listed By

John Reback

Reback Realty, Inc License #597408

Last Buyer's Agent

Rhys Hollyman

Logan Realty Inc License #3034120

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
  • Ocean Front
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Property is zoned RS

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Ocean
  • Pool

Home Design

  • Slate Roof
  • Stone

Interior Spaces

  • 13,582 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar
  • Fireplace
  • Plantation Shutters
  • French Doors
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Concrete Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00434133020000061

Community Details

Overview

  • Association fees include common areas, security
  • Seminole Club Subdivision

Recreation

  • Tennis Courts

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$247,350

Year Built

Built in 2009

Lot Details

0

HOA Fees

$267 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA BLVD TO US HWY 1 NORTH. 1 MILE NORTH TO LEFT INTO SEMINOLE LANDING. STRAIGHT ON SEMINOLE BLVD TO RIGHT ON SEMINOLE BEACH ROAD. HOUSE IS ON THE LEFT.
  • Year Built: 2009
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Wet Bar, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Pantry, Pull Down Attic Stairs, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 13582.0
  • Dining Room Type: Florida Room, Garage Apartment, Great Room, In-Law Suite, Laundry
  • Stories: 3
  • Window Features: Drapes, Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Porch, Patio
  • View: Ocean, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Concrete, Heated, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Stone
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Slate

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Security: Gated with Guard, Security Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 267.0
  • Community Features: Gated, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 00434133020000061
  • Lot Size Sq Ft: 60352.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 247350.0

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
$22,863,190

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%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $29,500,000 Attorney
Warranty Deed $10,528,000 --
Warranty Deed -- --
Warranty Deed $3,100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $19,175,000 New Conventional
Previous Owner $5,000,000 Construction
Previous Owner $1,600,000 Credit Line Revolving
Previous Owner $1,600,000 No Value Available
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: 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 $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

  • D

    Seller's Agent in 2021

    David Reback

    Reback Realty, Inc.

    (561) 627-9590

    39 in this area

    52 Total Sales

    David Reback
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    John Reback

    Reback Realty, Inc

    (561) 313-7763

    27 in this area

    34 Total Sales

    John Reback
    Section Image

  • 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

    50 Total Sales

    Rhys Hollyman
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10651863

BeachesMLS

APN: 00-43-41-33-02-000-0061

Florida Palm Beach County North Palm Beach 33408

12530 Seminole Beach Rd, North Palm Beach, FL

This home is located at 12530 Seminole Beach Rd, North Palm Beach, FL 33408 and is currently priced at $29,500,000, approximately $2,171 per square foot. This property was built in 2009. 12530 Seminole Beach Rd is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, William T. Dwyer High School, and Batt Private 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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