NOT LISTED FOR SALE

Estimated Value: $5,051,000 - $7,873,382

4 Beds
4.5 Baths
2,373 Sq Ft
$2,792/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2024

Last sale price $5,750,000 $2,423 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $38,928 / mo

24 Days on Market

Highlights

  • Soaking Tub and Shower Combination in Primary Bathroom
  • Wood Flooring
  • Complete Panel Shutters or Awnings
  • Palm Beach Public School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2024

Tremendous opportunity awaits at this north of town property, 5 houses from the beach. The possibilities are endless. Build a new beach block residence; renovate the current house; or live in the current property until you are ready to design your dream home. The current home offers three bedrooms and three baths; hardwood floors. Walk to boutiques, restaurants, Publix or head right over the bridge to WPB, a superior location. This property truly offers a rare Palm Beach Island opportunity.

Last Buyer's Agent

Frank Herz

Keller Williams Realty - Welli License #3524110

Keller Williams Realty - Welli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,983

Year Built

  • Built in 1936

Lot Details

  • 4,792 Sq Ft Lot
  • South Facing Home
  • Property is zoned RB-Low Density

Home Design

  • Frame Construction
  • Flat Roof with Façade front
  • Flat Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,373 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Wood Flooring
  • Complete Panel Shutters or Awnings

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Proximity Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314090000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,983

Year Built

Built in 1936

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Property Sub Type: Single Family Residence
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 2
  • Lot Size Acres: 0.11
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: PROXIMITY PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 5750000
  • ShowingTimeFlag: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: No Interior Features, Family Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2373
  • Stories: 2
  • Window Features: Complete Panel Shutters/Awnings
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Living Room Features: Family Room
  • Master Bathroom Features: Shower Only, Tub Only

Exterior Features

  • Roof: Flat Tile, Flat Roof With Facade Front
  • Construction Type: Frame, Frame With Stucco, Stucco
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Livable
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Connected, Water Connected, Cable Available, Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Community Features: None

Lot Info

  • Parcel Number: 50434314090000090
  • Zoning: RB-Low Density

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 39983

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 12, 2024
Sold by
Bought by
Buyer's Agent
Frank Herz
Keller Williams Realty - Welli
List Price
$6,500,000
Sold Price
$5,750,000
Premium/Discount to List
-$750,000
-11.54%
Current Estimated Value
$6,624,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$874,846
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Jan 8, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 1997
Sold by
Bought by
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,750,000 Galaxy Title & Escrow
-- --
$750,000 --
$375,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/13/2024 03/13/24 Sold $5,750,000 -11.5% $2,423 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $6,500,000 -- $2,739 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $37,737 $4,429,557 -- --
2024 $37,737 $2,204,436 -- --
2023 $39,983 $2,004,033 $0 $0
2022 $29,938 $1,821,848 $0 $0
2021 $27,804 $1,656,225 $1,462,880 $193,345
2020 $27,508 $1,702,432 $1,500,000 $202,432
2019 $25,942 $1,594,685 $1,440,000 $154,685
2018 $23,741 $1,581,830 $1,518,475 $63,355
2017 $20,526 $1,202,524 $1,195,650 $6,874
2016 $18,988 $1,055,573 $0 $0
2015 $17,361 $959,612 $0 $0
2014 $17,570 $958,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10951907

MIAMI REALTORS® MLS

APN: 50-43-43-14-09-000-0090

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