Buyer's Agent in 2020
Burt Minkoff
Douglas Elliman
(561) 512-8978
46 Total Sales
151 Grace Trail Unit 40 Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $4,390,000 - $7,024,000
3
Beds
3
Baths
2,701
Sq Ft
1924
Built
Highlights
- Beach Access
- Sitting Area In Primary Bedroom
- Garden View
- Palm Beach Public School Rated A-
- Wood Flooring
- Mediterranean Architecture
About This Home
As of December 2020Bienestar, 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $33,330
Year Built
- Built in 1924
Lot Details
- East Facing Home
- Fenced
HOA Fees
- $2,229 Monthly HOA Fees
Parking
- 2 Car Parking Spaces
Property Views
- Garden
- Pool
Home Design
- Mediterranean Architecture
- Garden Apartment
- Split Level Home
- Entry on the 1st floor
- Concrete Block And Stucco Construction
Interior Spaces
- 2,701 Sq Ft Home
- 2-Story Property
- Wet Bar
- Bar
- Ceiling Fan
- Arched Windows
- Florida or Dining Combination
- Home Security System
Kitchen
- Microwave
- Free-Standing Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Sitting Area In Primary Bedroom
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Beach Access
- Patio
Location
- East of U.S. Route 1
Utilities
- Central Heating and Cooling System
- Three-Phase Power
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 50434314280000040
Community Details
Overview
- 6 Units
- Bienestar Cond Decl Filed Subdivision
- Mandatory home owners association
Amenities
- Community Barbecue Grill
- Picnic Area
- Secure Lobby
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Security
- Partial Panel Shutters or Awnings
- Partial Impact Glass
- Fire and Smoke Detector
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 17, 2020
Closed on
Dec 21, 2020
Sold by
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,206,616
Avg. Annual Appreciation
9.68%
Purchase Details
Listed on
Jan 13, 2014
Closed on
May 27, 2014
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Jun 18, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $3,300,000 | Rampell Paul | ||
| $2,350,000 | Attorney | ||
| $780,000 | -- | ||
| $100 | -- |
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 | 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: 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 |
|---|---|---|---|---|
| 2021 | $42,889 | $2,600,000 | $0 | $2,600,000 |
| 2020 | $35,155 | $2,128,656 | $0 | $0 |
| 2019 | $35,083 | $2,080,798 | $0 | $0 |
| 2018 | $33,330 | $2,042,000 | $0 | $0 |
| 2017 | $33,340 | $2,000,000 | $0 | $0 |
| 2016 | $33,189 | $1,963,650 | $0 | $0 |
| 2015 | $34,323 | $1,950,000 | $0 | $0 |
| 2014 | $22,413 | $1,269,159 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Burt Minkoff
-
N
Seller's Agent in 2014
NANCY MENDEL
Sotheby's International Realty, Inc.
Map
Source: MIAMI REALTORS® MLS
MLS Number: R10593214
APN: 50-43-43-14-28-000-0040
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.
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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