NOT LISTED FOR SALE

134 Chilean Ave Palm Beach, FL 33480

Estimated Value: $7,363,000 - $10,456,581

5 Beds
5.5 Baths
3,996 Sq Ft
$2,279/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $4,750,000 $1,189 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $58,613/month

Highlights

  • Marble Flooring
  • Garden View
  • Home Security System
  • Palm Beach Public School Rated A-
  • Furnished
  • Central Heating and Cooling System

About This Home

As of November 2023

Sophisticated in town ocean block rental with classic Palm Beach style. Entirely renovated & elegantly furnished just steps to the beach, fine dining & 2 blocks from Worth Avenue. Main house offers 5 bedrooms/3.5 bathrooms. Stunning guest cottage is the perfect retreat for a secondary Master Suite or guest accommodations w/ luxurious full bath, office/den and cabana bath. Cozy outdoor pool and entertainment area with complete privacy and gated secure entry to property. Featured in Coastal Living magazine summer 2014 and the recipient of the 2 excellence design awards by the American Society of Interior Design, this home is completely turnkey for the utmost enjoyment of the Palm Beach lifestyle.

Last Agent to Rent the Property

Heather Bretzlaff

Compass Florida LLC License #0635727 Listed on: 09/05/2023

Compass Florida LLC

Co-Listed By

Craig Bretzlaff

Compass Florida LLC License #3273708

Last Renter's Agent

Jonathan Leavitt

Douglas Elliman License #3473059

Douglas Elliman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • 1 Carport Space

Property Views

  • Garden
  • Pool

Interior Spaces

  • 3,996 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furnished
  • Ceiling Fan
  • Home Security System
  • Washer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Community Details

  • Royal Park Subdivision

Listing and Financial Details

  • Property Available on 9/3/23
  • Assessor Parcel Number 50434323050090230

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Electricity, Sewer, Water
  • Available Date: 2023-09-03

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Over to Palm Beach via Middle Bridge, right on Cocoanut Row, left on Chilean to ocean block.
  • Year Built: 1912
  • Carport Y N: Yes
  • Unit Levels: Multi/Split
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bathtub, Custom Mirrors, Main Level Primary, Split Bedrooms, Soaking Tub
  • Main Level Bedrooms: 1
  • Furnished: Furnished
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Living Area: 3996.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Garden, Pool
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Features: Private
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Garage/Parking

  • Open Parking Spaces: 2.0
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Security: Security System, Gated Community
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 50434323050090230
  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
Sep 26, 2014
Sold by
Kranzburg Corp
Bought by
Weldon Willian Henry and Weldon Hillary Jane
Seller's Agent
BEATRIZ LLANEZA
HIGHRISE PROPERTIES Real Estate, LLC
Buyer's Agent
HEATHER BRETZLAFF
THE FITE GROUP
List Price
$4,750,000
Sold Price
$4,750,000
Current Estimated Value
$9,107,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,357,895
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
May 9, 2011
Sold by
Myers James L
Bought by
Kranzburg Corp

Purchase Details

Closed on
Mar 16, 2006
Sold by
Klingenstein Andrew D
Bought by
Klingenstein Andrew D and Alexander F Ritterbush Irrevocable Trust

Purchase Details

Closed on
Jul 21, 2004
Sold by
Kazazes Christina
Bought by
Klingenstein Andrew D and Courtney C Ritterbrush Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1999
Sold by
Kirk Alexis
Bought by
Kazazes Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Weldon Willian Henry $4,205,000 Attorney
Kranzburg Corp $1,700,000 Attorney
Klingenstein Andrew D -- None Available
Klingenstein Andrew D $1,750,000 --
Kazazes Christina $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klingenstein Andrew D $1,000,000
Previous Owner Kazazes Christina $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2023 11/15/23 Rented $50,000 0.0% --
09/05/2023 09/05/23 For Rent $50,000 -13.0% --
08/30/2022 08/30/22 Rented $57,500 -11.5% --
07/31/2022 07/31/22 Under Contract -- -- --
11/08/2021 11/08/21 For Rent $65,000 +30.0% --
11/01/2021 11/01/21 Rented $50,000 0.0% --
10/25/2021 10/25/21 Under Contract -- -- --
01/07/2021 01/07/21 For Rent $50,000 +19.0% --
07/18/2020 07/18/20 Rented $42,000 0.0% --
06/18/2020 06/18/20 Under Contract -- -- --
11/11/2019 11/11/19 For Rent $42,000 0.0% --
10/03/2014 10/03/14 For Sale $4,750,000 0.0% $1,175 / Sq Ft
10/01/2014 10/01/14 Sold $4,750,000 0.0% $1,175 / Sq Ft View Prior Sale
10/01/2014 10/01/14 Sold $4,750,000 -9.5% $1,175 / Sq Ft View Prior Sale
09/01/2014 09/01/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $5,250,000 -- $1,299 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $137,495 $8,207,340 -- --
2024 $137,495 $7,461,218 -- --
2023 $120,797 $6,782,925 $0 $0
2022 $115,298 $6,166,295 $0 $0
2021 $92,370 $5,605,723 $2,062,500 $3,543,223
2020 $93,265 $6,023,383 $1,785,000 $4,238,383
2019 $86,114 $5,394,157 $1,615,000 $3,779,157
2018 $75,890 $4,931,932 $1,688,561 $3,243,371
2017 $66,904 $3,932,794 $1,535,056 $2,397,738
2016 $65,063 $3,741,602 $0 $0
2015 $64,205 $3,547,630 $0 $0
2014 $30,930 $1,667,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10916971

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-23-05-009-0230