$2,887,500
SOLD JAN 29, 2025
2 Beds
2 Baths
1,610 Sq Ft
$2,617/mo HOA Fee

Recently Sold

$1,793 Per Sq Ft

10% Below List Price

111 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Docks
  • Tennis Courts

About This Home

As of January 2025

Welcome to this newly top-to-bottom renovated first-floor residence designed by Jeff Lincoln at the renowned Palm Beach Biltmore. Featuring wide plank white oak wood flooring throughout and some of the finest finishes available today.

Currently configured as a one-bedroom with two full bathrooms, it offers the flexibility to be easily converted into a two-bedroom if needed. A versatile second living area, enclosed by large sliding wood custom doors, can serve as a private second bedroom.

The thoughtfully designed kitchen boasts quartz countertops, a Wolf induction cooktop with external venting, a Wolf oven, and a panel fridge and freezer with an ice maker.

The open layout includes a dining area that flows seamlessly into the living room, enhanced by a wall of custom cabinetry for additional storage. Enjoy serene views of the manicured landscape from every window. Additional features include a custom-designed wet bar with a mini fridge and a wine fridgeperfect for entertaining. This home also features a full laundry room, a formal foyer, and new hurricane-impact windows.

Residents of the soon-to-be re-imagined Palm Beach Biltmore enjoy 5-star amenities, including a staff of 45, a private oceanfront restaurant and beach club, car service, unparalleled concierge and owner services, a lakefront dock, an Olympic-sized lakefront pool, two Har-Tru tennis courts, fully equipped gym with a Pilates reformer, infrared saunas in the men's and ladies locker rooms and so much more.

Last Agent to Sell the Property

Chris Leavitt

Douglas Elliman License #SL-3232586 Listed on: 08/23/2024

Douglas Elliman

Last Buyer's Agent

SHIRLEY WYNER

BARCLAYS INTERNATIONAL REALTY

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $25,182

Year Built

  • Built in 1926

Lot Details

  • East Facing Home

HOA Fees

  • $2,617 Monthly HOA Fees

Parking

  • Parking Available

Interior Spaces

  • 1,610 Sq Ft Home
  • Wet Bar
  • Dining Area
  • Home Gym
  • Wood Flooring

Kitchen

  • Convection Oven
  • Electric Range
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • High Impact Windows
  • High Impact Door

Pool

  • Heated Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Docks
  • Tennis Courts

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 50434315270000107

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, water
  • 126 Units
  • Pb Biltmore Community
  • On-Site Maintenance
  • 11-Story Property

Amenities

  • Doorman
  • Common Area
  • Clubhouse
  • Lobby
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$25,182

Year Built

Built in 1926

Lot Details

0

HOA Fees

$2,617 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: PB Biltmore
  • Year Built: 1926
  • Location Tax Legal:Name of Building: PB Biltmore
  • Location Tax Legal:Zoned: C-TS - COMMERCIAL TOWN SERVING ( 50-PALM BEACH )
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 25182.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 7849.74
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 126
  • General Property Description:_pound_ Floors: 11.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Security:Security Guards: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Pool:Heated Elec: Yes
  • Dock:Dock Space Available: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Services Included:Club Facilities: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Oven-Convection, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Wet Bar
  • Stories: 11
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Oven-Convection: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool, Spa, Fresh Water, Heated Elec
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Exterior Features: Impact Doors, Impact Windows, Tennis Court - Hard, Storm Shutters- Auto, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Pool/Spa: Yes
  • Exterior Features:Clubhouse: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking 1 Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Club Facilities, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434315270000107
  • Zoning: C-TS - COMMERCIAL TOWN SERVING ( 50-PALM BEACH )

Rental Info

  • Pets Other: with restrictions

Multi Family

  • Number Of Units Total: 126
  • Maintenance Expense: 7849.74

Tax Info

  • Tax Annual Amount: 25182.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Jan 29, 2025
Sold by
Coleman Alexander and Coleman Amanda
Bought by
Regine Traulsen Living Trust and Traulsen
Seller's Agent
Chris Leavitt
Douglas Elliman
Buyer's Agent
SHIRLEY WYNER
BARCLAYS INTERNATIONAL REALTY
List Price
$3,200,000
Sold Price
$2,887,500
Premium/Discount to List
-$312,500
-9.77%
Views
30
Current Estimated Value
$2,886,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,376
Avg. Annual Appreciation
-0.08%

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 8, 2022
Sold by
Ellis Charlotte G
Bought by
Coleman Alexander and Coleman Amanda
Seller's Agent
Jacqueline Zimmerman
Douglas Elliman
Buyer's Agent
Maria Boalt
Tina Fanjul Associates, Inc.
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.14%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,887,500 None Listed On Document
Warranty Deed $2,887,500 None Listed On Document
Personal Reps Deed $1,650,000 Coastal Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $2,887,500 -2.9% $1,793 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $2,975,000 -7.0% $1,848 / Sq Ft
08/23/2024 08/23/24 For Sale $3,200,000 +93.9% $1,988 / Sq Ft
01/13/2022 01/13/22 Sold $1,650,000 0.0% $1,025 / Sq Ft
01/13/2022 01/13/22 Sold $1,650,000 0.0% $1,025 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/02/2021 12/02/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $1,650,000 +27.4% $1,025 / Sq Ft
08/24/2021 08/24/21 For Sale $1,295,000 -- $804 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $24,983 $1,650,000 -- --
2023 $25,182 $1,650,000 $0 $1,650,000
2022 $22,683 $1,437,500 $0 $0
2021 $3,898 $252,682 $0 $0
2020 $3,893 $249,193 $0 $0
2019 $3,875 $243,590 $0 $0
2018 $3,683 $239,048 $0 $0
2017 $3,667 $234,131 $0 $0
2016 $3,358 $229,315 $0 $0
2015 $3,469 $227,721 $0 $0
2014 $3,482 $225,914 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1203

APN: 50-43-43-15-27-000-0107