NOT LISTED FOR SALE

1487 Point Way North Palm Beach, FL 33408

Estimated Value: $1,894,000 - $2,695,000

4 Beds
2.5 Baths
2,018 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $2,400,000 $1,189 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $15,091/month

109 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Private Pool
  • William T. Dwyer High School Rated A-
  • Home fronts navigable water
  • Gated Community

About This Home

As of May 2024

Welcome to Hidden Key, a boater's paradise located in the heart of North Palm Beach. This property is ideally situated on a quiet cul-de-sac, providing a serene and peaceful setting. With a boat lift conveniently located on the property, you can easily access the Intracoastal Waterway and enjoy endless days of boating and water activities. This property offers the perfect canvas for creating your dream home. The exclusive gated community of Hidden Key features 93 homes and offers easy access to the Intracoastal Waterway and stunning local beaches. With world-class shopping, dining, and Palm Beach International Airport just a short drive away, this is the perfect location to create your dream home. (RENDERING PHOTOS ARE ONLY POTENTIAL BUILD. PRICE DOES NOT INCLUDE NEW HOME.)

Last Agent to Sell the Property

Paul Kaneb

K2 Realty, Inc. (NPB) License #3070401 Listed on: 12/19/2023

Co-Listed By

James Kenny

K2 Realty, Inc. (NPB) License #3067814

Last Buyer's Agent

Blake Papalia

Home Made Real Estate License #3276153

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,517

Year Built

  • Built in 1967

Lot Details

  • 0.37 Acre Lot
  • Home fronts navigable water

Parking

  • 2 Car Garage

Interior Spaces

  • 2,018 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Den

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Fixed Bridges
  • Seawall

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434204120000260

Community Details

Recreation

  • Boat Ramp
  • Boating

Additional Features

  • Hidden Key Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,517

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to PGA Blvd exit, head East on PGA Blvd, Hidden Key entrance on the left (northeast corner of PGA Blvd and US Highway 1).
  • Year Built: 1967
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 2018.0
  • Dining Room Type: Den, Laundry
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Fixed Bridge, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00434204120000260
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 16246.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 33517.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
May 31, 2024
Sold by
Karch Christopher and Piroli Kimberly
Bought by
Maling Ralph and Maling Betsy
Seller's Agent
Paul Kaneb
K2 Realty, Inc. (NPB)
Buyer's Agent
Blake Papalia
Home Made Real Estate
List Price
$2,590,000
Sold Price
$2,400,000
Premium/Discount to List
-$190,000
-7.34%
Views
70
Current Estimated Value
$2,320,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,649
Avg. Annual Appreciation
-2.45%
Source: Public Records

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
Maling Ralph $2,400,000 Coastal Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $2,400,000 -7.3% $1,189 / Sq Ft
05/06/2024 05/06/24 For Sale $2,590,000 0.0% $1,283 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $2,590,000 -12.2% $1,283 / Sq Ft
03/03/2024 03/03/24 Price Changed $2,950,000 -8.5% $1,462 / Sq Ft
02/18/2024 02/18/24 Price Changed $3,225,000 -1.5% $1,598 / Sq Ft
02/01/2024 02/01/24 Price Changed $3,275,000 -8.8% $1,623 / Sq Ft
12/19/2023 12/19/23 For Sale $3,590,000 -- $1,779 / Sq Ft
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
2024 $33,473 $1,864,162 -- --
2023 $33,517 $1,865,450 $1,760,000 $105,450
2022 $9,472 $438,485 $0 $0
2021 $9,283 $425,714 $0 $0
2020 $8,947 $419,836 $0 $0
2019 $8,867 $410,397 $0 $0
2018 $8,490 $402,745 $0 $0
2017 $8,369 $394,461 $0 $0
2016 $8,380 $386,348 $0 $0
2015 $8,541 $383,662 $0 $0
2014 $8,312 $380,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Paul Kaneb

    K2 Realty, Inc. (NPB)

    (561) 308-9266

    19 in this area

    33 Total Sales

    Paul Kaneb
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    James Kenny

    K2 Realty, Inc. (NPB)

    (561) 691-1223

    22 in this area

    37 Total Sales

    James Kenny
    Section Image
  • Blake Papalia

    Buyer's Agent in 2024

    Blake Papalia

    Home Made Real Estate

    (407) 233-5778

    1 in this area

    19 Total Sales

    Blake Papalia
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10944200

BeachesMLS

APN: 00-43-42-04-12-000-0260

Florida Palm Beach County North Palm Beach 33408

1487 Point Way, North Palm Beach, FL

This home is located at 1487 Point Way, North Palm Beach, FL 33408 since 19 December 2023 and is currently estimated at $2,320,351, approximately $1,149 per square foot. This property was built in 1967. 1487 Point Way is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, William T. Dwyer High School, and Howell L. Watkins Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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