NOT LISTED FOR SALE

12898 S Shore Dr West Palm Beach, FL 33410

Frenchman's Creek Neighborhood

Estimated Value: $5,305,728 - $6,304,000

5 Beds
5.5 Baths
4,669 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $5,650,000 $1,210 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $36,096/month

12 Days on Market

Highlights

  • 240 Feet of Waterfront
  • Property has ocean access
  • New Construction
  • William T. Dwyer High School Rated A-
  • Intracoastal View
  • Saltwater Pool

About This Home

As of May 2024

Prime Location! Prime Views! Prime Luxury! This newly constructed waterfront haven boasts 240 feet of water frontage on .61 acres of prime real estate in Palm Beach Gardens. Revel in the breathtaking vistas of the intracoastal throughout this stunning home. Crafted with a harmonious blend of transitional, coastal, and modern architectural elements, this home radiates sophistication.Every detail has been meticulously crafted, from the impeccable construction to the high-end finishes. Boasting 5 ensuite bedrooms, a den/office, 3-car garage, and an expansive great room seamlessly connected to a chef's kitchen with an additional kitchen tucked away in the butler pantry, this home is designed for both comfort, style and entertaining. Step outside to the covered lanai, complete with

Last Agent to Sell the Property

Carla Chitstenson

One Sotheby's International Re License #649578 Listed on: 04/02/2024

One Sotheby's International Re

Last Buyer's Agent

Michael Korman

Compass Florida LLC License #3316647

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,577

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.59 Acre Lot
  • 240 Feet of Waterfront
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned RS

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Intracoastal
  • Canal
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 4,669 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • French Doors
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Saltwater Pool
  • Property has ocean access
  • No Fixed Bridges
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Intracoastal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434132010000070

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,577

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Prosperity Farms Road turn east on shore Drive to the end on South Shore Drive the property will be located on the right hand side
  • Year Built: 2023
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Living Area: 4669.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Intercoastal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Disclosures: Home Warranty
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Metal
  • FrontageLengthRemarks: 240

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434132010000070
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 25491.0
  • Zoning Description: RS

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 30577.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 14, 2024
Sold by
12900 South Shore Dr Llc
Bought by
Blank Jason
Seller's Agent
Carla Chitstenson
One Sotheby's International Re
Buyer's Agent
Michael Korman
Compass Florida LLC
List Price
$5,500,000
Sold Price
$5,650,000
Premium/Discount to List
$150,000
2.73%
Views
21
Current Estimated Value
$5,833,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,682
Avg. Annual Appreciation
2.12%
Original Mortgage
$3,955,000
Outstanding Balance
$3,906,200
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$1,905,230
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 Buyer Sale Price Title Company
Blank Jason $5,650,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blank Jason $3,955,000
Previous Owner 12900 South Shore Dr Llc $3,059,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $5,650,000 +2.7% $1,210 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $5,500,000 -- $1,178 / 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 $60,185 $3,651,447 -- --
2023 $30,577 $1,760,000 $2,000,000 $0
2022 $27,072 $1,600,000 $0 $0
2021 $24,011 $1,375,110 $1,170,000 $205,110
Source: Public Records

Agents Affiliated with this Home

  • Carla Chitstenson

    Seller's Agent in 2024

    Carla Chitstenson

    One Sotheby's International Re

    (561) 307-9966

    1 in this area

    81 Total Sales

    Carla Chitstenson
    Section Image
  • Michael Korman

    Buyer's Agent in 2024

    Michael Korman

    Compass Florida LLC

    (954) 598-3277

    1 in this area

    124 Total Sales

    Michael Korman
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10974534

BeachesMLS

APN: 00-43-41-32-01-000-0070

Florida Palm Beach County West Palm Beach 33410 Frenchman's Creek

12898 S Shore Dr, West Palm Beach, FL

This home is located at 12898 S Shore Dr, West Palm Beach, FL 33410 since 02 April 2024 and is currently estimated at $5,833,682, approximately $1,249 per square foot. This property was built in 2023. 12898 S Shore Dr is a home located in Palm Beach County with nearby schools including Dwight D. Eisenhower K-8, William T. Dwyer High School, and Howell L. Watkins Middle 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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