NOT LISTED FOR SALE

151 Grace Trail Unit 40 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $4,747,541 - $6,663,000

3 Beds
3 Baths
2,701 Sq Ft
1924 Built

Last Sold December 28, 2020

Last sale price $3,300,000 $1,222 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $32,892/month

324 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Community Pool

About This Home

As of December 2020

Bienestar, Palm Beach's hidden gem.
The moment you enter the courtyard of Bienestar you are transported to the tropical paradise of old Palm Beach. One of only two grand mansions which have been converted to a condominium, Bienestar is a 1924 Marion Sims Wyeth home, located at the end of a private road behind the St Edwards Parish Center. Renovated and expanded in the mid 1980's, the structure is landmarked. Unit 4 is the largest of the 6 units with 2,701 SF of living space. Featuring 3 bedrooms and 3 baths with full-run front and rear loggias, the property offers expansive interior and exterior entertaining spaces. The Sellers undertook an extensive renovation in 2014 to bring the space up to current code including, replacing the AC, hot water heater, all electrical and wiring, replacing the 3 bathrooms and the kitchen, restoring moldings, custom casework and installing a new bar and laundry. The location can't be beat. Walk to Amici, Greens, Chez Jean Pierre, Trevini and Publix or any of the local merchants within a 2-block walk. Or if you prefer, walk a 1⁄2 a block down Root Trail to beach access, 3 blocks to The Royal Poinciana Plaza, or the Breakers! More importantly, Unit 4 is perfectly situated on the property by the pool, the garage and the Tea House and south lawn. The full-time property manager offers owners a turn-key lifestyle whether they are year-round or seasonal. This is one of the best kept secrets and most unique condominium properties in Palm Beach. Not to be missed.

Last Agent to Sell the Property

Burt Minkoff

Douglas Elliman License #3027869 Listed on: 01/17/2020

Douglas Elliman

Last Buyer's Agent

Burt Minkoff

Douglas Elliman License #3027869 Listed on: 01/17/2020

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,330

Year Built

  • Built in 1924

Lot Details

  • East Facing Home
  • Sprinkler System

Parking

  • 2 Open Parking Spaces

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,701 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Fireplace
  • Arched Windows
  • Dining Room
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434314280000040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, insurance, ground maintenance, sewer, trash, water
  • 6 Units
  • Bienestar Cond Decl Filed 4 28 86 In Or4859p1368 Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Picnic Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,330

Year Built

Built in 1924

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: North Bridge to Sunrise. Turn left onto Grace Trail. Al the way to the end of the road and will be on the right.
  • Year Built: 1924
  • Architectural Style: European, Mediterranean
  • Unit Levels: Multi/Split
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Closet Cabinetry, Dual Sinks, Sitting Area in Primary, Split Bedrooms, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2701.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 2
  • Window Features: Arched

Exterior Features

  • Exterior Features: Balcony, Lighting, Outdoor Living Area
  • View: Garden, Pool
  • Fencing: Fenced
  • Lot Features: Fruit Trees, Sprinklers Automatic
  • Pool Features: Association
  • Pool Private: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio, Porch, Balcony
  • Property Condition: Resale

Garage/Parking

  • Open Parking Spaces: 2.0
  • Garage Yn: No

Utilities

  • Laundry Features: Inside
  • Security: Security System, Fire Alarm
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2229.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, Picnic Area, Pool, Parking
  • Association: Yes
  • Pets Allowed: Number Limit, Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434314280000040
  • Mobile Dim Units: Feet
  • Zoning: RD

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 33330.18

Multi Family

  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Dec 21, 2020
Sold by
Diack James A and Evans Laura W
Bought by
Kuensell Elizabeth G and Scott L Kuensell Gst Exempt Re
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$3,750,000
Sold Price
$3,300,000
Premium/Discount to List
-$450,000
-12%
Current Estimated Value
$5,412,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,112,180
Avg. Annual Appreciation
10.08%

Purchase Details

Listed on
Jan 13, 2014
Closed on
May 27, 2014
Sold by
White Suzanne
Bought by
Evans Laura W
Seller's Agent
NANCY MENDEL
Sotheby's International Realty, Inc.
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$2,350,000
Sold Price
$2,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
Feb 12, 1998
Sold by
Barbara L Tr And Peter Fodor
Bought by
White Suzanne

Purchase Details

Closed on
Jun 18, 1996
Sold by
Fodor Barbara Lowe
Bought by
Fodor Barbara L
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

Date Buyer Sale Price Title Company
Kuensell Elizabeth G $3,300,000 Attorney
Scott L Kuensell Gst Exempt Residuary Trust $3,300,000 Rampell Paul
Evans Laura W $2,350,000 Attorney
White Suzanne $780,000 --
Fodor Barbara L $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2020 12/28/20 Sold $3,300,000 -12.0% $1,222 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $3,750,000 +59.6% $1,388 / Sq Ft
05/29/2014 05/29/14 Sold $2,350,000 0.0% $870 / Sq Ft View Prior Sale
02/13/2014 02/13/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $2,350,000 -- $870 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $50,041 $3,454,032 -- --
2024 $50,041 $3,356,688 -- --
2023 $48,987 $3,258,920 $0 $0
2022 $49,063 $3,164,000 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10593214

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-14-28-000-0040

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