$18,950,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $106,737/month

Total Views 19,391
4 Beds
5 Baths
3,180 Sq Ft
$5,959 Price per Sq Ft

Highlights

  • Outdoor Pool
  • Waterfront
  • No HOA
  • Palm Beach Public School Rated A-
  • 0.67 Acre Lot
  • Luxury Vinyl Tile Flooring

About This Home

Rare estate sized lot on the Ocean Block of the renowned Wells Road. Oversized, 29,185 +/- square foot lot. Endless possibilities to restore this glamorous Regency Style Home or build your Palm Beach Dream Home. Structure still on property subject to demolition/teardown.

Listing Agent

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 11/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,952

Year Built

  • Built in 1969

Lot Details

  • 0.67 Acre Lot
  • Waterfront
  • Property is zoned R-B - Low Density Residential

Parking

  • Garage

Home Design

  • 3,180 Sq Ft Home
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Outdoor Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Wells Circle Replat Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314180000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,952

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Lot Size: 196
  • Subdivision Name: Wells Circle Replat
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1969
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 24952.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 3180.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 196
  • Floors:WW Carpeting: Yes
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • General Property Description:Lot SqFt: 29185
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Floors:Vinyl Tile: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Vinyl Tile, W/W Carpeting
  • Living Area: 3180.0
  • Window Features: Other
  • Appliances Dishwasher: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Roof: Tar/Gravel
  • Construction:Cement BlockStucco: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 29185.0
  • Parcel #: 50434314180000010
  • Zoning: R-B - Low Density Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 24952.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $24,952 $1,591,846 -- --
2023 $24,313 $1,545,482 $0 $0
2022 $24,402 $1,500,468 $0 $0
2021 $24,924 $1,456,765 $0 $0
2020 $24,946 $1,436,652 $0 $0
2019 $24,891 $1,404,352 $0 $0
2018 $23,724 $1,378,167 $0 $0
2017 $23,695 $1,349,821 $0 $0
2016 $22,218 $1,322,058 $0 $0
2015 $22,973 $1,312,868 $0 $0
2014 $23,083 $1,302,448 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Price Changed $18,950,000 -13.5% --
11/07/2024 11/07/24 For Sale $21,900,000 -- --
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,807,500 Credit Line Revolving
Previous Owner $750,000 Fannie Mae Freddie Mac
Previous Owner $286,500 Unknown
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-1662

APN: 50-43-43-14-18-000-0010