$4,100,000
SOLD JAN 12, 2021 RENTED FEB 25, 2025

130 Algoma Rd Palm Beach, FL 33480

4 Beds
3 Baths
2,784 Sq Ft
0.44 Acres

Recently Sold

$1,473 Per Sq Ft

197 Days on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Bermuda Architecture

About This Home

As of December 2024

Beautiful property with an oversized 15,638 sqft lot with a deeded beach access! Spacious back yard and pool area to enjoy the Florida weather. This home is a great candidate for an interior remodel to make it your own. Blocks away from Mar-a-Lago and only minutes from Worth Avenue. New roof completed in January 2020. Impact glass in living area. This home is a fantastic value in the Estate Section.

Last Agent to Sell the Property

JOHN STEPHENSON LLC

The Corcoran Group License #3425491 Listed on: 05/21/2020

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,459

Year Built

  • Built in 1957

Lot Details

  • 0.44 Acre Lot
  • Waterfront
  • North Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Bermuda Architecture
  • Asphalt Shingled Roof
  • Tile Roof
  • Fiber Cement Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,784 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Single Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Partial Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Property has ocean access

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434335000020300

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,459

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Lot Size: 125
  • Subdivision Name: N/A
  • Directions: Head over Southern Bridge, head north on S Ocean Blvd then left on Algoma, property on left
  • Architectural Style: Bermuda, One Story
  • Garage Yn: Yes
  • Year Built: 1957
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 52459.45
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 2784.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 125
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 19166
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Style:One Story: Yes
  • Windows:Impact Glass-Partial: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Fireplace, Smoke Detectors
  • Living Area: 2784.0
  • Window Features: Impact Glass-Partial
  • Appliances Dishwasher: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Ocean Access-Deeded
  • Roof: Asphalt, Cement Tile
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Heating: Central Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 19166.0
  • Parcel #: 50434335000020300
  • Zoning: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 52459.45
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Dec 10, 2024
Sold by
130 Algoma Llc
Bought by
Maq Holdings Llc
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
ELIZABETH SAVAGE
Brown Harris Stevens of Palm Beach 6598
List Price
$22,000,000
Sold Price
$14,314,563
Premium/Discount to List
-$7,685,437
-34.93%
Views
219
Current Estimated Value
$10,463,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,851,427
Avg. Annual Appreciation
-45.18%

Purchase Details

Listed on
May 21, 2020
Closed on
Jan 12, 2021
Sold by
Carson Creek Corp
Bought by
130 Algoma Llc
Seller's Agent
JOHN STEPHENSON LLC
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$4,100,000
Sold Price
$4,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.68%
Original Mortgage
$3,350,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2000
Sold by
Eklund Christopher S
Bought by
Carson Creek Corp

Purchase Details

Closed on
Jul 8, 1998
Sold by
Beall Kenneth S and Beall Blair
Bought by
Eklund Christophe S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.04%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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List 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 $14,314,562 Lighthouse Title Services
Warranty Deed $4,100,000 Attorney
Warranty Deed $1,400,000 --
Warranty Deed $663,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,750,000 New Conventional
Previous Owner $3,350,000 Commercial
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Rented $125,000 0.0% --
02/05/2025 02/05/25 For Rent $125,000 0.0% --
12/10/2024 12/10/24 Sold $14,314,563 -18.2% $2,276 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
05/20/2024 05/20/24 Price Changed $17,500,000 -7.9% $2,783 / Sq Ft
03/25/2024 03/25/24 Price Changed $18,995,000 -5.0% $3,021 / Sq Ft
01/04/2024 01/04/24 Price Changed $19,995,000 -13.1% $3,180 / Sq Ft
08/04/2023 08/04/23 Price Changed $23,000,000 +4.5% $3,658 / Sq Ft
02/14/2022 02/14/22 For Sale $22,000,000 +436.6% $3,499 / Sq Ft
01/12/2021 01/12/21 Sold $4,100,000 0.0% $1,473 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $4,100,000 0.0% $1,473 / Sq Ft
05/01/2018 05/01/18 Rented $7,250 0.0% --
04/01/2018 04/01/18 Under Contract -- -- --
11/09/2017 11/09/17 For Rent $7,250 -- --
Source: Palm Beach Board of REALTORS®

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 $222,566 $14,447,650 -- --
2023 $103,282 $6,633,000 $0 $0
2022 $94,569 $6,030,000 $0 $0
2021 $56,949 $3,421,598 $3,300,000 $121,598
2020 $55,030 $3,254,515 $3,240,000 $14,515
2019 $52,657 $3,163,195 $3,150,000 $13,195
2018 $47,221 $2,996,398 $2,990,280 $6,118
2017 $42,042 $2,440,299 $2,431,122 $9,177
2016 $41,935 $2,310,000 $0 $0
2015 $44,497 $2,474,313 $0 $0
2014 $42,922 $2,355,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    ELIZABETH SAVAGE

    Brown Harris Stevens of Palm Beach 6598

  • D

    Buyer's Agent in 2025

    Dana Koch

    The Corcoran Group

  • P

    Seller's Agent in 2024

    Paulette Koch

    The Corcoran Group

  • J

    Seller's Agent in 2021

    JOHN STEPHENSON LLC

    The Corcoran Group

  • P

    Seller's Agent in 2018

    Phatavanh Olsen

    Douglas Elliman

  • D

    Seller Co-Listing Agent in 2018

    Derek Olsen

    Douglas Elliman

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-808

APN: 50-43-43-35-00-002-0300

Florida Palm Beach County Palm Beach 33480

130 Algoma Rd, Palm Beach, FL

This home is located at 130 Algoma Rd, Palm Beach, FL 33480 and is currently priced at $4,100,000, approximately $1,472 per square foot. This property was built in 1957. 130 Algoma Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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