$19,250,000
SOLD APR 7, 2021
5 Beds
6.5 Baths
5,704 Sq Ft
0.48 Acres

Recently Sold

$3,375 Per Sq Ft

3% Below List Price

423 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Heated Pool
  • Fireplace

About This Home

As of April 2021

Lakefront residence under construction with new deep water dock and beach access. This Bermuda style two-story home offers wonderful water views from both the 1st and 2nd floors and features a covered loggia overlooking the Intracoastal and a 2nd floor master suite with breathtaking views. Perfectly suited for indoor/outdoor living with a heated 15' x 40' heated pool & spa with inviting lakefront entertaining area enveloped in lush, tropical gardens. Offered with 5 bedrooms, 6 baths and a powder room, elevator, full house generator, 2-car garage and new deep water dock. Masterfully constructed by Malasky Homes. Fall 2020 completion. Still time to customize.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc License #397290 Listed on: 01/09/2020

Last Buyer's Agent

Bill Yahn

The Corcoran Group License #3205469

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $135,561

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.48 Acre Lot
  • Property fronts an intracoastal waterway
  • Property is zoned R-B

Parking

  • 2 Car Garage

Interior Spaces

  • 5,704 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • Seawall

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Bello Lido Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303060000140

Home Details

Home Type

Single Family

Est. Annual Taxes

$135,561

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Flagler Memorial Bridge (north bridge) to Palm Beach, north (left) on Bradley Place approximately 2.5+/- miles
  • Year Built: 2021
  • Year Built Details: Under Construction
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, French Door(s)/Atrium Door(s), Fireplace, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 5704.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2

Exterior Features

  • Pool Features: Heated, Pool Equipment, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Under Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303060000140
  • Lot Size Sq Ft: 20691.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 135561.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Kehoe Michael S and 1280 N Lake Way Trust
Bought by
Asplundh Giselle and Asplundh Jeffrey D
Current Estimated Value
$15,711,132

Purchase Details

Listed on
Jan 9, 2020
Closed on
Mar 23, 2021
Sold by
1280 Nlw Llc
Bought by
Kehoe Michael S and 1280 N Lake Way Trust
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
Bill Yahn
The Corcoran Group
List Price
$19,900,000
Sold Price
$19,250,000
Premium/Discount to List
-$650,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.50%
Original Mortgage
$9,500,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 27, 2019
Closed on
Mar 1, 2019
Sold by
1280 North Lake Way Llc
Bought by
1280 Nlw Llc
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$9,900,000
Sold Price
$8,917,300
Premium/Discount to List
-$982,700
-9.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.51%

Purchase Details

Listed on
Mar 31, 2017
Closed on
Aug 22, 2017
Sold by
Barbato Eugene R
Bought by
1280 North Lake Way Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$9,875,000
Sold Price
$8,750,000
Premium/Discount to List
-$1,125,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%
Original Mortgage
$6,125,000
Interest Rate
3.89%

Purchase Details

Closed on
Oct 20, 2015
Sold by
Barbato Gene R
Bought by
Barbato Gene R and Janice M Barbato Trust

Purchase Details

Closed on
May 11, 2005
Sold by
Barbato Gene R and Barbato Janice M
Bought by
Barbato Janice M
Source: Public Records

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Range of Values:

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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
Special Warranty Deed -- Accommodation
Warranty Deed $17,885,396 Attorney
Warranty Deed $8,919,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $8,750,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,500,000 Commercial
Previous Owner $6,125,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $610,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $19,250,000 -3.3% $3,375 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
01/09/2020 01/09/20 For Sale $19,900,000 +123.2% $3,489 / Sq Ft
03/06/2019 03/06/19 Sold $8,917,300 -9.9% $1,563 / Sq Ft
02/27/2019 02/27/19 For Sale $9,900,000 +13.1% $1,736 / Sq Ft
08/22/2017 08/22/17 Sold $8,750,000 -11.4% $3,373 / Sq Ft
07/23/2017 07/23/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $9,875,000 -- $3,807 / 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 $270,955 $18,247,434 -- --
2023 $265,561 $17,715,955 $0 $0
2022 $266,087 $17,199,956 $0 $0
2021 $131,136 $8,085,586 $8,085,586 $0
2020 $121,153 $7,345,305 $7,345,305 $0
2019 $136,102 $8,080,000 $8,080,000 $0
2018 $132,485 $8,129,431 $8,129,431 $0
2017 $27,770 $1,696,716 $0 $0
2016 $28,070 $1,661,818 $0 $0
2015 $29,027 $1,650,266 $0 $0
2014 $29,165 $1,637,169 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10590566

BeachesMLS

APN: 50-43-43-03-06-000-0140