$13,000,000
SOLD DEC 31, 2020
0.39 Acre
$33,369,475 Price per Acre
16,970 Sq Ft Lot

Recently Sold

$3,965 Per Sq Ft

10% Below List Price

374 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Corner Lot
  • Palm Beach Public School Rated A-

About This Lot

As of March 2022

Imagine Your Oceanfront Home Lot 134' x 256' includes 2 single family residences. Proposed plans available.

Last Agent to Sell the Property

Carole Koeppel

Sotheby's Intl. Realty, Inc. License #327796

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

LILLY FERREIRA

Brown Harris Stevens of PB License #3275943

Brown Harris Stevens of PB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $87,981

Year Built

  • 1955

Lot Details

  • 0.39 Acre Lot
  • Beach Front
  • Corner Lot
  • Irregular Lot
  • Site Plan Filed
  • Property is zoned R-B(ci

Property Views

  • Ocean Views

Community Details

  • Bello Lido Resub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303070000050

Property Details

Property Type

Land

Est. Annual Taxes

$87,981

Year Built

1955

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: CALL LA
  • Special Features: None
  • Year Built: 1955

Exterior Features

  • View: Ocean
  • Lot Features: Beach Front, Corner Lot, Irregular Lot
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Lot Info

  • Parcel #: 50434303070000050
  • Development Status: Site Plan Filed
  • Lot Size: 134
  • Lot Size Sq Ft: 16970.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 87981.0

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
Total Days on Market
374

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
-26.32%
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%

Map

Range of Values:

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Average Value
Not Available
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 -- 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 $45,000,000 -9.8% --
05/17/2025 05/17/25 For Sale $49,900,000 -23.2% $8,852 / Sq Ft
05/17/2025 05/17/25 For Sale $65,000,000 +176.3% $11,531 / 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

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

Source: BeachesMLS

MLS Number: R10580295

BeachesMLS

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