NOT LISTED FOR SALE

Estimated Value: $8,770,000 - $11,512,054

5 Beds
5 Baths
4,888 Sq Ft
$1,948/Sq Ft Est. Value

Highlights

  • Property has ocean access
  • Guest House
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Cabana
  • Lanai

About This Home

As of May 2020

(Leased May 2020 thru April 2021) townhouse in the ocean block just north of The Breakers. A complete surprise lies behind the front door- lives like a house with almost 5,000 square feet of living space. Large European feeling entertaining spaces, a cozy family room/library, chef's kitchen with gas stove, plus an enormous master bedroom, bath and closets. All surrounding a beautiful private
swimming pool, jacuzzi and cabana- yet a short walk to Royal Poinciana restaurants, shops and groceries.

Last Agent to Rent the Property

John Cregan

Sotheby's International Realty, Inc. License #3439962 Listed on: 03/27/2020

Sotheby's International Realty, Inc.

Co-Listed By

Lisa Cregan

Sotheby's International Realty, Inc. License #SL-3389810

Last Renter's Agent

John Cregan

Sotheby's International Realty, Inc. License #3439962 Listed on: 03/27/2020

Sotheby's International Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $98,690

Year Built

  • Built in 1990

Lot Details

  • South Facing Home
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,888 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Dining Area
  • Library
  • Utility Room
  • Terrazzo Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Cabana
  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $10,000
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number 50434322310001600

Community Details

Overview

  • 2 Units
  • Floral Park Subdivision

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Amenities

  • Elevator

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$98,690

Year Built

Built in 1990

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Subdivision Name: Floral Park
  • Directions: North on N County Road past Royal Poinciana Way, right turn onto Sunset Ave. Townhouse is on the left.
  • Architectural Style: Mediterranean
  • Building Name: N/A
  • Year Built: 1990
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 4888.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 2
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • Pool:Heated - Gas: Yes
  • Contract Information:Deposit Amount: 10000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Lease Type:Annual: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Utilities Included:Water: Yes
  • Style:Mediterranean: Yes
  • Floors:Terrazzo: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Terrazzo
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Sound System, Smoke Alarms, Pantry
  • Living Area: 4888.0
  • Stories: 2
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Pool Features: Heated - Gas, Spa
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Cabana, Ocean Access-No Deed, Storm Shutters-Auto, Sprinkler System, Elevator, Other (See Remarks), Guest House/Cottage
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Other (See Remarks)7: Yes
  • Exterior Features:Ocean Access-No Deed: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water

Lot Info

  • Parcel #: 50434322310001600

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2014
Sold by
Toll Sheldon S and Toll Roberta D
Bought by
Krusen Charles and Krusen Kristen
Current Estimated Value
$9,523,014

Purchase Details

Closed on
Apr 28, 2005
Sold by
Mistretta Scott
Bought by
Toll Sheldon S and Toll Roberta D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 1, 2002
Sold by
Mistretta Scott
Bought by
Holder Douglas A and Holder Carolyn Ann

Purchase Details

Closed on
Sep 13, 1999
Sold by
Patricia Dzikowski Tr
Bought by
Mistretta Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Krusen Charles $2,950,000 Attorney
Toll Sheldon S $2,600,000 --
Holder Douglas A $1,650,000 --
Mistretta Scott $1,950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toll Sheldon S $1,665,000
Previous Owner Toll Sheldon S $202,000
Previous Owner Toll Sheldon S $1,500,000
Previous Owner Mistretta Scott $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Rented $90,000 0.0% --
04/08/2020 04/08/20 Under Contract -- -- --
03/27/2020 03/27/20 For Rent $90,000 -- --
Source: Palm Beach Board of REALTORS®

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 $98,690 $5,167,678 -- --
2023 $85,331 $4,697,889 $0 $0
2022 $73,402 $4,270,808 $0 $0
2021 $63,187 $3,882,553 $2,445,500 $1,437,053
2020 $60,864 $3,678,567 $2,600,000 $1,078,567
2019 $59,491 $3,609,864 $2,496,000 $1,113,864
2018 $53,107 $3,404,783 $2,645,131 $759,652
2017 $47,741 $2,854,389 $2,082,780 $771,609
2016 $48,350 $2,772,130 $0 $0
2015 $45,342 $2,520,118 $0 $0
2014 $36,353 $1,992,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-577

APN: 50-43-43-22-31-000-1600