$23,525,250
SOLD MAR 4, 2022
4 Beds
3 Baths
3,279 Sq Ft
0.65 Acres

Recently Sold

$7,175 Per Sq Ft

18% Above List Price

287 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • 2 Car Attached Garage
  • Palm Beach Public School Rated A-
  • 28,157 Sq Ft lot
  • Laundry Room

About This Home

As of March 2022

Rare, oceanfront double-lot in the North End. The listing includes adjacent property 1287 N. Ocean Way. With two coveted North End properties, enjoy a family compound with main house and guest house, or with 28,000+/- SF of combined land, tear down to build a 10,000+/- SF oceanfront estate. Set against N. Ocean Way and N. Ocean Blvd., enjoy the privacy and convenience of a back alley for your custom-built estate. The Island's best beach is at your front door, and beach access includes a private entrance and entertaining space for Kenlyn Road residents only.

Last Agent to Sell the Property

LILLY FERREIRA

Brown Harris Stevens of PB License #3275943 Listed on: 04/20/2021

Brown Harris Stevens of PB

Last Buyer's Agent

Elizabeth DeWoody

Compass Florida LLC (PB) License #3293657

Compass Florida LLC (PB)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,904

Year Built

  • Built in 1955

Lot Details

  • 0.65 Acre Lot
  • Ocean Front
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,279 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Bello Lido Resub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303070000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,904

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on N Ocean Blvd to Kenlyn Road
  • Year Built: 1955
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Gas Range, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Other
  • Living Area: 3279.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303070000050
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 28157.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 82904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
M2b Properties Llc
Bought by
M2b Properties Llc

Purchase Details

Closed on
Feb 14, 2025
Sold by
M2b Properties Llc
Bought by
M2b Properties Llc

Purchase Details

Listed on
May 19, 2021
Closed on
Mar 4, 2022
Sold by
Pb North Ocean Blvd Trust
Bought by
M2b Properties Llc
Seller's Agent
LILLY FERREIRA
Brown Harris Stevens of PB
Buyer's Agent
Elizabeth DeWoody
Compass Florida LLC (PB)
List Price
$19,950,000
Sold Price
$23,525,250
Premium/Discount to List
$3,575,250
17.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.04%
Original Mortgage
$15,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2020
Closed on
Dec 31, 2020
Sold by
1285 Nob Llc
Bought by
Cooper Andrew and Andrew Cooper Trust
Seller's Agent
Carole Koeppel
Sotheby's International Realty, Inc.
Buyer's Agent
LILLY FERREIRA
Brown Harris Stevens of Palm Beach 5225
List Price
$13,000,000
Sold Price
$13,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.75%
Original Mortgage
$9,075,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2015
Closed on
Jul 9, 2015
Sold by
Snyder Sheridan
Bought by
1285 Nob Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Carole Koeppel
Sotheby's International Realty, Inc.
List Price
$5,734,000
Sold Price
$5,734,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%
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
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $23,525,250 Kochman & Ziska Plc
Warranty Deed $6,701,000 Attorney
Warranty Deed $5,734,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000,000 New Conventional
Previous Owner $9,075,000 New Conventional
Previous Owner $517,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 For Sale $65,000,000 +30.3% $11,531 / Sq Ft
05/17/2025 05/17/25 For Sale $49,900,000 +112.1% $8,852 / Sq Ft
03/04/2022 03/04/22 Sold $23,525,250 0.0% $7,175 / Sq Ft
03/04/2022 03/04/22 Sold $23,525,250 +52178.3% $7,175 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/02/2022 02/02/22 Pending -- -- --
09/01/2021 09/01/21 For Rent $45,000 -18.2% --
09/01/2021 09/01/21 Rented $55,000 0.0% --
05/19/2021 05/19/21 For Sale $19,950,000 0.0% $6,084 / Sq Ft
04/20/2021 04/20/21 For Sale $19,950,000 +53.5% $6,084 / Sq Ft
01/04/2021 01/04/21 Sold $13,000,000 0.0% $3,976 / Sq Ft
12/31/2020 12/31/20 Sold $13,000,000 +51900.0% $3,965 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
10/30/2020 10/30/20 Pending -- -- --
09/18/2020 09/18/20 For Rent $25,000 0.0% --
09/18/2020 09/18/20 Rented $25,000 0.0% --
05/01/2020 05/01/20 For Sale $13,000,000 -10.3% $3,976 / Sq Ft
11/22/2019 11/22/19 For Sale $14,500,000 0.0% $4,422 / Sq Ft
10/01/2017 10/01/17 Rented $25,000 0.0% --
09/01/2017 09/01/17 Under Contract -- -- --
08/18/2017 08/18/17 For Rent $25,000 0.0% --
07/09/2015 07/09/15 Sold $5,734,000 0.0% $1,749 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $5,734,000 -- $1,749 / 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 $246,481 $16,432,851 -- --
2023 $224,346 $14,931,312 $14,172,900 $758,412
2022 $123,351 $7,766,252 $0 $0
2021 $114,731 $7,060,229 $6,820,000 $240,229
2020 $82,904 $4,955,735 $4,785,000 $170,735
2019 $88,327 $5,174,565 $5,000,000 $174,565
2018 $87,582 $5,561,567 $5,408,379 $153,188
2017 $78,781 $4,660,644 $4,506,982 $153,662
2016 $80,723 $4,683,271 $0 $0
2015 $31,265 $1,775,236 $0 $0
2014 $31,415 $1,761,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10709620

BeachesMLS

APN: 50-43-43-03-07-000-0050