NOT LISTED FOR SALE

Estimated Value: $8,322,000

1.1 Acres
$7,565,455 Price per Acre
47,916 Sq Ft Lot

Last Sold December 18, 2017

Last sale price $10,850,000

Est. 23% decrease in value since last sale

Current estimated payment $55,037/month

891 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • 1.1 Acre Lot
  • 2-minute walk to Norton Gallery Park
  • Palm Beach Public School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of December 2017

2 Waterfront lots included in list price. Lots 1309 and 1311. Parcel #'s 47434327260020021 & 74434327260020030 Currently zoned Professional Office Residential POR (74-West Palm Beach). 1311 includes riparian rights.

Last Agent to Sell the Property

Karen Hammer

One Sotheby's International Re License #3087819 Listed on: 06/10/2015

One Sotheby's International Re

Co-Listed By

Don Todorich

The Corcoran Group License #3084827

Last Buyer's Agent

Troy Langan

Anchor Realty Group Florida License #3220952

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,672

Year Built

  • 1977

Lot Details

  • 1.1 Acre Lot
  • Property fronts an intracoastal waterway
  • Paved or Partially Paved Lot
  • 2 Lots in the community
  • Property is zoned PROF OFF

Property Views

  • Intracoastal Views

Community Details

  • Jefferson Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434327260020021

Property Details

Property Type

Land

Est. Annual Taxes

$19,672

Year Built

1977

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Directions: I-95 EAST ON OKEECHOBEE, SOUTH ON FLAGLER TO 1309 & 1311
  • Special Features: None
  • Year Built (Public Record): 1977

Exterior Features

  • View: Intercoastal
  • Road Surface Type: Paved
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes

Lot Info

  • Parcel #: 74434327260020021
  • Development Status: Raw Land
  • Lot Size Acres: 1.1
  • Lot Size: 1 to < 2 Acres
  • Number Of Lots: 2
  • Additional Parcels Description: 1311 SOUTH FLAGLE,
  • Zoning Description: PROF OFF

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 19672.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2009
Sold by
1309 South Flagler Drive Llc
Bought by
Wp Beach 1309 Llc
Total Days on Market
891
Current Estimated Value
$8,322,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2008
Sold by
Interv Rose Steven H
Bought by
1309 South Flagler Drive Llc

Purchase Details

Closed on
Feb 22, 2008
Sold by
Interv Rose Steven H
Bought by
1309 South Flagler Drive Llc

Purchase Details

Closed on
Dec 10, 1996
Sold by
Rose Steven H
Bought by
Rose Steven H
Source: Public Records

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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
Wp Beach 1309 Llc $2,000,000 Attorney
1309 South Flagler Drive Llc -- Attorney
Rose Steven H -- Attorney
1309 South Flagler Drive Llc -- Attorney
1217 South Flagler Drive Llc -- Attorney
Rose Steven H $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wp Beach 1309 Llc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Sold $10,850,000 +14.2% --
11/18/2017 11/18/17 Pending -- -- --
06/10/2015 06/10/15 For Sale $9,500,000 -- --
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
2022 $97,593 $4,540,976 $0 $0
2021 $91,156 $4,132,120 $4,093,740 $38,380
2020 $87,015 $4,132,120 $4,093,740 $38,380
2019 $77,817 $3,450,059 $3,413,399 $36,660
2018 $73,618 $3,350,804 $3,313,980 $36,824
2017 $22,470 $1,000,000 $0 $0
2016 $21,564 $880,000 $0 $0
2015 $19,428 $800,000 $0 $0
2014 $19,673 $800,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10143271

BeachesMLS

APN: 74-43-43-27-26-002-0021