$6,800,000
SOLD AUG 30, 2024
2 Beds
2 Baths
2,397 Sq Ft
0.29 Acres

Recently Sold

$2,837 Per Sq Ft

35% Below List Price

249 Days on Market

Highlights

  • Gas Heated Pool
  • Waterfront
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Wine Refrigerator

About This Home

As of August 2024

A pristine Bermuda residence in wonderful move-in condition in a fabulous location. Two bedrooms with office/library with very private pool area. Furnishings available.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 12/21/2023

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 12/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,858

Year Built

  • Built in 1958

Lot Details

  • Waterfront
  • Home has East and West Exposure
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,397 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Area
  • Library

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bermuda Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310110000060

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,858

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 87
  • Subdivision Name: Bermuda Lane
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Year Built: 1958
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 68858.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 2397.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 87
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Exposure:East: Yes
  • Exposure:West: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors, Pantry
  • Living Area: 2397.0
  • Window Features: Other
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434310110000060
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 68858.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Aug 27, 2024
Sold by
200 Bermuda Lane Llc
Bought by
200 Bermuda Lane Llc
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$10,450,000
Sold Price
$6,800,000
Premium/Discount to List
-$3,650,000
-34.93%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%

Purchase Details

Closed on
Jul 15, 2014
Sold by
Doucet Llc
Bought by
200 Bermuda Lane Llc

Purchase Details

Closed on
Jun 6, 2014
Sold by
L Vecellio Holdings Lp
Bought by
Doucet Llc

Purchase Details

Closed on
Oct 13, 2009
Sold by
Snyder Robert N
Bought by
L Vecellio Holdings Lp

Purchase Details

Closed on
Mar 30, 2006
Sold by
Reynco Inc
Bought by
Snyder Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 21, 2004
Sold by
Holman Brian W and Holman Rena
Bought by
Reynco Inc

Purchase Details

Closed on
May 13, 2003
Sold by
Holman Brian William
Bought by
Holman Brian William

Purchase Details

Closed on
Jun 1, 1999
Sold by
Turner Lewis
Bought by
Fitzgerald Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Palm Beach, FL

  • 230 Plantation Rd, Palm Beach, FL 33480

    $7,950,000

    • 4 Beds
    • 3.5 Baths
    • 2,821 Sq Ft
    • 230 Plantation Rd
    • Palm Beach, FL

    Charming and cheery pool home on quiet north end street. This quintessential Palm Beach family home offers generous living spaces, comfortable layout and great light. Spacious living areas include formal living room, dining room, family room. Four bedrooms plus den/fifth bedroom with built in cabinets. Great flow for indoor/outdoor entertaining. Recent updates include new roof and impact

    Beth Cole The Corcoran Group

    Section Image
  • 240 El Dorado Ln, Palm Beach, FL 33480

    $6,995,000

    • 4 Beds
    • 3 Baths
    • 2,795 Sq Ft
    • 240 El Dorado Ln
    • Palm Beach, FL

    One-story Bermuda style residence featuring split floor plan encompassing spacious primary suite plus three additional bedrooms for guests. This elegant Ellen Kavanaugh decorated residence pay homage to the island's vibrant aesthetic and lush surroundings. El Dorado as a street offers residences a quaint feel among other single-story residences giving the feeling of light along the street. This

    Gary Pohrer Serhant

    Section Image
  • 259 Oleander Ave, Palm Beach, FL 33480

    $7,495,000

    • 4 Beds
    • 5 Baths
    • 2,493 Sq Ft
    • 259 Oleander Ave
    • Palm Beach, FL

    Brand new, under construction home with time to customize! This beautiful Contemporary Mediterranean was designed by StudioSR Architecture and Design and features 4 bedrooms, 4 full bathrooms, and 1 powder room. Fantastic In-Town location close to great dining and shopping. Conveniently situated just one block from the Lake Trail and the beach.

    Christian Angle Christian Angle Real Estate

    Section Image
  • 211 Park Ave, Palm Beach, FL 33480

    $6,900,000

    • 4 Beds
    • 3 Baths
    • 2,130 Sq Ft
    • 211 Park Ave
    • Palm Beach, FL

    Welcome to this rare, turn-key gem in the heart of town! 211 Park has been immaculately and comprehensively renovated with no stone left unturned - offering 4 bedrooms including a downstairs suite and 3 upstairs lovely bedrooms. This stunning re-imagination was just completed - offering 2,500+/- square feet of bliss, all walking distance to everything, including all the entertainment that Palm

    Margit Brandt Premier Estate Properties, Inc

    Section Image
  • 274 Monterey Rd, Palm Beach, FL 33480

    $8,350,000

    • 3 Beds
    • 3 Baths
    • 2,877 Sq Ft
    • 274 Monterey Rd
    • Palm Beach, FL

    Highly sought after North End Bermuda style 3-BR, 3-BA home plus office situated on a 13,500 SqFt Lot. Lush tropical landscaping surrounding pool. Impact windows and doors, full house generator, 2-car air-conditioned garage. Versatile property with option to build new on this 13,500 SqFt Lot or simply maintain the North End Bermuda charm of the existing property. Monterey has lake trail and easy

    Dana Koch The Corcoran Group

    Section Image
  • 216 Pendleton Ave, Palm Beach, FL 33480

    $7,200,000

    • 4 Beds
    • 3 Baths
    • 2,257 Sq Ft
    • 216 Pendleton Ave
    • Palm Beach, FL

    Charming Pendleton Avenue home with 4 bedrooms and 3 full baths. Ideally located In-Town on the South Side of the road. Convenience to the Breakers, Worth Avenue, and The Royal. Fantastic opportunity to move right in or reimagine.

    Christian Angle Christian Angle Real Estate

    Section Image
  • 228 Phipps Plaza, Palm Beach, FL 33480

    $6,495,000

    • 2 Beds
    • 2 Baths
    • 1,318 Sq Ft
    • 228 Phipps Plaza
    • Palm Beach, FL

    Walk back through time as you approach architect Howard Major's personal cottage nestled in historic Phipps Plaza, one block from the Ocean in midtown Palm Beach. Built in 1941 by the renowned architect and landmarked, the classic, Florida-style cottage sits in a secluded setting in the Phipps Plaza cul-de-sac, surrounded by lush greenery. Included in the purchase is an adjoining landscaped lot

    PAT McINERNEY Brown Harris Stevens of Palm Beach 6598

    Section Image

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 Type Sale Price Title Company
Warranty Deed $6,800,000 None Listed On Document
Warranty Deed $2,620,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $2,100,000 Attorney
Corporate Deed $2,580,000 Southeast Guaranty & Title I
Warranty Deed $1,592,000 Southeast Guaranty & Title I
Interfamily Deed Transfer -- Southeast Guaranty & Title I
Warranty Deed $1,500,000 Southeast Guaranty & Title I
Warranty Deed $640,000 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,900,000 Fannie Mae Freddie Mac
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $8,900,000 -3.8% $3,713 / Sq Ft
02/04/2025 02/04/25 For Sale $9,250,000 +36.0% $3,859 / Sq Ft
08/30/2024 08/30/24 Sold $6,800,000 -24.0% $2,837 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $8,950,000 -9.1% $3,734 / Sq Ft
02/06/2024 02/06/24 Price Changed $9,850,000 -5.7% $4,109 / Sq Ft
12/21/2023 12/21/23 For Sale $10,450,000 0.0% $4,360 / Sq Ft
04/25/2017 04/25/17 Rented $26,500 0.0% --
03/26/2017 03/26/17 Under Contract -- -- --
09/06/2016 09/06/16 For Rent $26,500 -- --
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 $72,453 $3,398,797 -- --
2023 $68,859 $3,089,815 $5,808,645 $627,023
2022 $58,767 $2,808,923 $0 $0
2021 $44,954 $2,930,414 $2,518,353 $412,061
2020 $39,206 $2,321,424 $2,246,579 $74,845
2019 $40,228 $2,333,788 $2,050,110 $283,678
2018 $38,808 $2,324,624 $2,158,356 $166,268
2017 $42,511 $2,536,066 $2,346,039 $190,027
2016 $39,915 $2,246,984 $0 $0
2015 $36,765 $2,042,713 $0 $0
2014 $27,946 $1,356,794 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-2063

APN: 50-43-43-10-11-000-0060