E
Landlord's Agent in 2025
ELIZABETH SAVAGE
Brown Harris Stevens of Palm Beach 6598
130 Algoma Rd Palm Beach, FL 33480
4
Beds
7
Baths
6,288
Sq Ft
$1,568
Price per Sq Ft
Highlights
- Property has ocean access
- Outdoor Pool
- Marble Flooring
- Palm Beach Public School Rated A-
- Colonial Architecture
- Lanai
About This Home
As of February 2025This luxurious new construction rental located in the Estate Section of Palm Beach offers 4BD,4.5BA plus office. This elegantly decorated coastal contemporary home boasts a large entrance hall, high ceilings and a spacious open living room and dining area perfect for entertaining. The kitchen is equipped with high end appliances, bar and butler's pantry and joins a large family room flooded with natural light, tray ceilings for a bright and airy feel. Two laundry rooms for added convenience. The expansive primary suite includes a seating area, large private terrace, two baths and walk in closets. The exterior showcases a covered patio overlooking a lovely garden, heated pool, large grassy lawn. Beach access, full house generator and 2 car garage complete this beautiful home.
Last Agent to Rent the Property
Brown Harris Stevens of Palm Beach 6598 License #SL-3067550 Listed on: 02/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $222,566
Year Built
- Built in 2023
Lot Details
- 0.36
Parking
- Garage
Home Design
- Colonial Architecture
Interior Spaces
- 6,288 Sq Ft Home
- Wet Bar
- Dining Area
Kitchen
- Eat-In Kitchen
- Single Oven
- Gas Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- 7 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Pest Guard System
Outdoor Features
- Outdoor Pool
- Property has ocean access
- Patio
- Lanai
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Non-Toxic Pest Control
- South Facing Home
Community Details
- Community Pool
- Pool Services
Listing and Financial Details
- Security Deposit $125,000
- Rent includes cable TV, electricity, water, sewer
- Seasonal Lease Term
- Assessor Parcel Number 50434335000020300
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maq Holdings Llc | $14,314,562 | Lighthouse Title Services | |
| 130 Algoma Llc | $4,100,000 | Attorney | |
| Carson Creek Corp | $1,400,000 | -- | |
| Eklund Christophe S | $663,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 130 Algoma Llc | $9,750,000 | |
| Previous Owner | 130 Algoma Llc | $3,350,000 | |
| Previous Owner | Eklund Christophe S | $500,000 |
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
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
-
-
D
Tenant'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
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 25-224
APN: 50-43-43-35-00-002-0300
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