$2,350,000
SOLD JUL 31, 2025

1518 Point Way North Palm Beach, FL 33408

4 Beds
3.5 Baths
2,614 Sq Ft
0.3 Acres

Recently Sold

$899 Per Sq Ft

10% Below List Price

6 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Ramp
  • Gated Community
  • William T. Dwyer High School Rated A-
  • Bay View
  • Great Room

About This Home

As of July 2025

Welcome to 1518 Point Way, a stunning single-family home located in the exclusive Hidden Key community of North Palm Beach, FL. Set along the Intracoastal Canal, this residence offers 2,614 square feet of beautifully designed living space.Step outside to a peaceful, private setting where you can fully embrace Florida's exceptional climate. Whether you're hosting gatherings or enjoying a quiet evening, the outdoor area provides the perfect backdrop for relaxation.A builder's dream, this property offers incredible potential--customize, renovate, or rebuild to create the waterfront home of your dreams.Don't miss the opportunity to make 1518 Point Way your own.

Last Agent to Sell the Property

John DePhillipo

Compass Florida LLC License #3289162 Listed on: 06/30/2025

Compass Florida LLC

Last Buyer's Agent

John DePhillipo

Compass Florida LLC License #3289162 Listed on: 06/30/2025

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,228

Year Built

  • Built in 1965

Lot Details

  • 0.3 Acre Lot
  • 100 Feet of Waterfront
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Canal

Interior Spaces

  • 2,614 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Clay Flooring
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Fixed Bridges
  • Seawall

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00434204120000320

Community Details

Recreation

  • Boat Ramp
  • Boating
  • Trails

Additional Features

  • Hidden Key Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,228

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA Blvd east of US Highway 1, Hidden Key is on the north side
  • Year Built: 1965
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Clay
  • Living Area: 2614.0
  • Dining Room Type: Great Room
  • Stories: 1

Exterior Features

  • View: Bay, Canal
  • Road Frontage Type: Waterfront
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Bayfront, Fixed Bridge, Seawall
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • FrontageLengthRemarks: 100

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00434204120000320
  • Lot Size: 101.0 ft x 135.0 ft
  • Lot Size Sq Ft: 12941.0
  • Zoning Description: RS

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15228.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2025
Closed on
Jul 31, 2025
Sold by
Faso Liani Isabel Paternina and Worcester Karen
Bought by
Muller Julia and Muller Steven
Seller's Agent
John DePhillipo
Compass Florida LLC
Buyer's Agent
John DePhillipo
Compass Florida LLC
List Price
$2,600,000
Sold Price
$2,350,000
Premium/Discount to List
-$250,000
-9.62%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.35%
Original Mortgage
$1,500,000
Outstanding Balance
$1,498,507
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$936,107

Purchase Details

Closed on
Aug 17, 2011
Sold by
Faso Vincent S
Bought by
Faso Vincent S and Vincent S Faso Revocable Living Trust

Purchase Details

Closed on
May 29, 2009
Sold by
Martin Gayle Lynn and Gayle Lynn Martin Revocable Tr
Bought by
Faso Vincent S

Purchase Details

Closed on
Apr 2, 2009
Sold by
Martin Faso Gayle
Bought by
Faso Vincent S

Purchase Details

Closed on
Aug 16, 2007
Sold by
Martin Gayle Lynn and Faso Gayle Martin
Bought by
Martin Gayle Lynn and Gayle Lynn Martin Revocable Trust

Purchase Details

Closed on
Dec 18, 2006
Sold by
Faso Vincent S
Bought by
Faso Gayle Martin
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,350,000 Attorneys Key Title
Warranty Deed $2,350,000 Attorneys Key Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $2,350,000 -9.6% $899 / Sq Ft
07/06/2025 07/06/25 Pending -- -- --
06/30/2025 06/30/25 For Sale $2,600,000 -- $995 / 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 $15,228 $783,514 -- --
2023 $14,718 $760,693 $0 $0
2022 $14,524 $738,537 $0 $0
2021 $14,343 $717,026 $0 $0
2020 $13,986 $707,126 $0 $0
2019 $13,853 $691,228 $0 $0
2018 $13,233 $678,340 $0 $0
2017 $13,093 $664,388 $0 $0
2016 $13,133 $650,723 $0 $0
2015 $13,423 $646,200 $0 $0
2014 -- $635,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11103556

BeachesMLS

APN: 00-43-42-04-12-000-0320