NOT LISTED FOR SALE

177 Clarke Ave Palm Beach, FL 33480

Estimated Value: $8,279,809

7 Beds
6.5 Baths
8,974 Sq Ft
$923/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $14,750,000 $1,644 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $57,133/month

163 Days on Market

Highlights

  • Heated Pool
  • Marble Flooring
  • Corner Lot
  • Palm Beach Public School Rated A-
  • Mediterranean Architecture
  • Pool View

About This Home

As of June 2022

Elegant In-Town Ocean Block Family Home Rare in-town location located on the ocean block of coveted Clarke Avenue. Very near The Breakers, The Royal, Worth Avenue, with the beach at the top of the street! This stunning home features a 28 X 25 sun filled living room, plus formal dining room with bay window and fireplace. Enjoy a gourmet kitchen outfitted with all Thermador equipment and Sub Zero refrigerator. Dual sinks and dishwashers, breakfast area with pool and garden views. Enormous beamed ceiling family room, wood paneled library with wet bar and fireplace. Huge 12 X 50 outdoor covered loggia suitable for al fresco dining. Large Master suite with his and hers baths and closets, and massive 12 X 50 open air balcony. 6 additional Guest bedrooms, 4.1 additional baths.

Last Agent to Sell the Property

Gregory Weadock

William Raveis Real Estate License #0535947 Listed on: 11/24/2021

Last Buyer's Agent

Nick Grodzicki

Premier Estate Properties, Inc License #3436424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107,245

Year Built

  • Built in 1928

Lot Details

  • Corner Lot
  • Irregular Lot
  • Sprinkler System
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 8,974 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Bar
  • Fireplace
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Primavera Estates (Ocean Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322050000222

Home Details

Home Type

Single Family

Est. Annual Taxes

$107,245

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Okeechobee to Royal Palm Way to Clarke Avenue
  • Year Built: 1928
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 8974.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Pool
  • Lot Features: Corner Lot, Irregular Lot, Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Other
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434322050000222
  • Lot Size: 98.0 ft x 186.0 ft
  • Zoning Description: R-B(ci

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 107245.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jun 2, 2022
Sold by
Jackie Sue Taylor B-2 Trust
Bought by
Baker James Coleman and Baker Veronica Chen
Seller's Agent
Gregory Weadock
William Raveis Real Estate
Buyer's Agent
Nick Grodzicki
Premier Estate Properties, Inc
List Price
$17,500,000
Sold Price
$14,750,000
Premium/Discount to List
-$2,750,000
-15.71%
Current Estimated Value
$8,279,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,470,191
Avg. Annual Appreciation
-15.70%

Purchase Details

Closed on
Dec 24, 2020
Sold by
Ahdab Misbah M and Taylor Bruce M
Bought by
Taylor Bruce M and Bruce M Taylor Trust

Purchase Details

Closed on
Jul 2, 2007
Sold by
Ahdab Misbah M and Ahdab Hind
Bought by
Ahdab Misbah M

Purchase Details

Closed on
Jun 13, 2002
Sold by
Miller Gina S and Miller Courtlandt
Bought by
Ahdab Misbah M and Ahdab Hind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%

Purchase Details

Closed on
Apr 18, 2001
Sold by
Courtlandt G Miller M and Miller M Gina S
Bought by
Miller Gina S

Purchase Details

Closed on
Aug 31, 1995
Sold by
Residential Funding Corp
Bought by
Miller Courtlandt G and Miller Gina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.58%

Purchase Details

Closed on
May 12, 1995
Sold by
Clerk Circuit Court
Bought by
Residential Funding Corp
Source: Public Records

Range of Values:

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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
Baker James Coleman $14,750,000 Sniffen & Spellman Pa
Taylor Bruce M $5,900,000 Advanced Title Solutions
Ahdab Misbah M $464,503 Attorney
Ahdab Misbah M $2,900,000 --
Miller Gina S -- --
Miller Courtlandt G $946,000 --
Residential Funding Corp $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahdab Misbah M $1,000,000
Previous Owner Miller Courtlandt G $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $14,750,000 -15.7% $1,644 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $17,500,000 -- $1,950 / 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 $164,510 $10,673,027 -- --
2023 $195,009 $12,919,346 $9,702,752 $3,216,594
2022 $139,589 $7,195,602 $0 $0
2021 $107,245 $6,541,456 $4,950,000 $1,591,456
2020 $114,305 $6,864,110 $4,860,000 $2,004,110
2019 $106,251 $6,242,960 $4,725,000 $1,517,960
2018 $57,277 $3,487,056 $0 $0
2017 $57,302 $3,415,334 $0 $0
2016 $57,193 $3,345,087 $0 $0
2015 $59,143 $3,321,834 $0 $0
2014 $59,432 $3,295,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10760884

BeachesMLS

APN: 50-43-43-22-05-000-0222