NOT LISTED FOR SALE

1901 Palm Beach Lakes Blvd Unit 324 West Palm Beach, FL 33409

Palm Beach Lakes South Neighborhood

Estimated Value: $20,089,351

1 Bed
1 Bath
325 Sq Ft
$61,813/Sq Ft Est. Value

About This Home

This home is located at 1901 Palm Beach Lakes Blvd Unit 324, West Palm Beach, FL 33409 and is currently estimated at $20,089,351, approximately $61,813 per square foot. 1901 Palm Beach Lakes Blvd Unit 324 is a home located in Palm Beach County with nearby schools including Hope-Centennial Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2012
Sold by
Top 19 1901 Palm Beach Lakes Blvd Llc
Bought by
1031 South Wooster Limited
Current Estimated Value
$20,089,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,290,000
Outstanding Balance
$3,025,721
Interest Rate
3.68%
Mortgage Type
Commercial
Estimated Equity
$17,063,630

Purchase Details

Closed on
Feb 28, 2012
Sold by
West Palm Beach Holdings Inc and Williams Esq Pamela M
Bought by
Top 19 1901 Palm Beach Lakes Blvd Llc

Purchase Details

Closed on
May 3, 2005
Sold by
First Choice Properties Corp
Bought by
West Palm Hotel Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1997
Sold by
Boulevard Motel Corp
Bought by
First Choice Properties Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500,000
Interest Rate
7.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 1994
Sold by
Mall Motel Corp
Bought by
Blvd Motel Corp
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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Quantarium

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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 Buyer Sale Price Title Company
1031 South Wooster Limited $6,600,000 Attorney
Top 19 1901 Palm Beach Lakes Blvd Llc $1,350,100 None Available
West Palm Hotel Holdings Inc $4,000,000 First American Title Ins Co
First Choice Properties Corp $5,598,600 --
Blvd Motel Corp $4,237,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Wooster Limited $1,075,000
Open 1031 South Wooster Limited $4,290,000
Previous Owner West Palm Hotel Holdings Inc $6,600,000
Previous Owner First Choice Properties Corp $17,500,000
Source: Public Records

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 $223,213 $8,334,279 -- --
2023 $218,025 $7,576,617 $5,508,000 $5,756,234
2022 $192,260 $6,887,834 $0 $0
2021 $171,577 $6,261,667 $2,268,000 $3,993,667
2020 $188,615 $7,000,000 $0 $7,000,000
2019 $221,129 $8,357,793 $2,365,241 $5,992,552
2018 $208,316 $8,174,178 $2,296,350 $5,877,828
2017 $196,778 $7,634,983 $2,187,000 $5,447,983
2016 $195,276 $7,425,584 $0 $0
2015 $184,225 $6,750,531 $0 $0
2014 $177,966 $6,334,729 $0 $0
Source: Public Records

Map

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes South

1901 Palm Beach Lakes Blvd Unit 324, West Palm Beach, FL

This home is located at 1901 Palm Beach Lakes Blvd Unit 324, West Palm Beach, FL 33409 and is currently estimated at $20,089,351, approximately $61,813 per square foot. 1901 Palm Beach Lakes Blvd Unit 324 is a home located in Palm Beach County with nearby schools including Hope-Centennial Elementary School, Bear Lakes Middle School, and Palm Beach Lakes 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.

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