NOT LISTED FOR SALE

172 S Ocean Blvd Palm Beach, FL 33480

Estimated Value: $8,166,000

16 Beds
22 Baths
13,227 Sq Ft
$617/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $48,500,000 $3,667 Per Sq Ft

Current estimated payment $50,993/month

246 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Private Pool
  • High Ceiling

About This Home

As of March 2021

ICONIC Palm Beach | Rarely does one have the chance to purchase such an important estate on Palm Beach located on the corner of Main and Main. Built originally in 1926 by renowned Palm Beach architect Marion Sims Wyeth, La Salona exudes true Palm Beach style. When one enters the arched entry courtyard, you're swept back in time. Although originally built in 1926, the home has been completely updated under the current owner over the past 30 years. The most recent renovation of the western portion of the home was completed in 2016. The 2 stories include a 3-bedroom apartment on the first floor and another 3-bedroom apartment on the second floor. Distinctive features of the house include exquisite Cypress coffered ceilings, stenciled using a technique called lime paste.

Last Agent to Sell the Property

Gary Pohrer

Serhant License #3068785 Listed on: 06/12/2020

Serhant

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158,096

Year Built

  • Built in 1926

Lot Details

  • Ocean Front
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 13,227 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • High Ceiling
  • Fireplace
  • Awning
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322050000050

Community Details

Recreation

  • Community Pool

Additional Features

  • Primavera Estates Subdivision
  • Community Library

Home Details

Home Type

Single Family

Est. Annual Taxes

$158,096

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 172 S Ocean Blvd, Palm Beach
  • Year Built: 1926
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Fireplace, High Ceilings, Pantry, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 17
  • Half Bathrooms: 5
  • Total Bedrooms: 16
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Tile, Wood
  • Living Area: 13227.0
  • Dining Room Type: Den, Family Room, Media Room, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Awning(s), Balcony, Patio
  • View: Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Historical, Pet on Property
  • Construction Type: Other
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security System
  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Library, Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434322050000050
  • Zoning Description: RB

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 158096.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Mar 15, 2021
Sold by
Ross E Burke E and Ross Susan Lutz
Bought by
Bayhigh Llc
Seller's Agent
Gary Pohrer
Serhant
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$49,500,000
Sold Price
$48,500,000
Premium/Discount to List
-$1,000,000
-2.02%
Current Estimated Value
$8,166,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,334,000
Avg. Annual Appreciation
-32.11%

Purchase Details

Listed on
Jun 12, 2020
Closed on
Mar 12, 2021
Sold by
Lacaillade Peter C and E Burke Ross Jr Descendants Pa
Bought by
Bayhigh Llc
Seller's Agent
Gary Pohrer
Serhant
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$49,500,000
Sold Price
$48,500,000
Premium/Discount to List
-$1,000,000
-2.02%

Purchase Details

Closed on
Sep 19, 2000
Sold by
Ross Ross E and Ross Amory L
Bought by
Ross Amory L and D'Addario Linda

Purchase Details

Closed on
Sep 9, 1997
Sold by
Ross E Burke
Bought by
Ross E Burker and Ross Amory L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bayhigh Llc -- Attorney
Bayhigh Llc -- Attorney
Lacaillade Peter C -- Attorney
Lacaillade Peter C -- Attorney
Lacaillade Peter C -- Attorney
Lacaillade Peter C -- Attorney
Ross Amory L $4,752,000 --
Ross E Burker $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross E Burker $8,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $48,500,000 -2.0% $3,667 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
06/12/2020 06/12/20 For Sale $49,500,000 -- $3,742 / 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 $580,864 $37,116,808 -- --
2023 $519,193 $33,742,553 $30,191,400 $5,126,744
2022 $477,765 $30,675,048 $0 $0
2021 $158,651 $9,651,801 $0 $0
2020 $159,000 $9,518,541 $0 $0
2019 $158,715 $9,304,537 $0 $0
2018 $150,830 $9,131,047 $0 $0
2017 $150,919 $8,943,239 $0 $0
2016 $146,709 $8,559,373 $0 $0
2015 $149,331 $8,365,539 $0 $0
2014 $150,053 $8,299,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gary Pohrer

    Serhant

    (561) 262-0856

    101 Total Sales

    Gary Pohrer
    Section Image
  • Christian Angle

    Buyer's Agent in 2021

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    202 Total Sales

    Christian Angle
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10630179

BeachesMLS

APN: 50-43-43-22-05-000-0050

Florida Palm Beach County Palm Beach 33480

172 S Ocean Blvd, Palm Beach, FL

This home is located at 172 S Ocean Blvd, Palm Beach, FL 33480 since 12 June 2020 and is currently estimated at $8,166,000, approximately $617 per square foot. This property was built in 1926. 172 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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.

BeachesMLS 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.

Nearby Homes