NOT LISTED FOR SALE

206 Inlet Way Unit 8 West Palm Beach, FL 33404

Estimated Value: $2,010,000 - $4,966,508

-- Bed
1 Bath
450 Sq Ft
0.43 Acres

Highlights

  • Property fronts an intracoastal waterway
  • Garage Apartment
  • Community Pool
  • William T. Dwyer High School Rated A-
  • Garden View
  • Park

About This Home

As of August 2018

Live in paradise! This turnkey suite located directly on the southern tip of Singer Island offers comfort, beauty, and convenience all under one roof! Embrace the vacation life everyday with sparkling views of the Palm Beach Inlet and feel the salt of the Atlantic Ocean on your skin. Each suite is well maintained and includes lovely furnishings, cozy linens, and the necessities to feel right at home! Includes all utilities, WiFi, and cable.

Last Agent to Rent the Property

Lauren Mathews

Douglas Elliman (Jupiter) License #3313755 Listed on: 04/24/2018

Douglas Elliman (Jupiter)

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,644

Year Built

  • Built in 1953

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home
  • Fenced

Interior Spaces

  • 1 Full Bathroom
  • 450 Sq Ft Home
  • Ceramic Tile Flooring
  • Garden Views
  • Microwave

Home Security

Parking

  • Garage Apartment
  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 5/20/18
  • Assessor Parcel Number 54434227040005810

Community Details

Recreation

  • Community Pool
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Additional Features

  • Palm Beach Shores Subdivision
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$41,644

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Available Date: 2018-05-20

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take 95 to Blue Heron Blvd. Turn Right onto Lake DriveGo around the bend which turns into Inlet Way.Southwind property located on the right hand side
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 450.0
  • Dining Room Type: Garage Apartment

Exterior Features

  • Exterior Features: Fence
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Direction Faces: East
  • Other Structures: Apartment, Garage Apartment

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Driveway, Open

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Laundry, Management, Pool, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 54434227040005810

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Icon Development Holdings I Llc
Bought by
Monroe Scott and Monroe Cynthia
Current Estimated Value
$3,488,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,714,400
Outstanding Balance
$3,668,786
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$180,532

Purchase Details

Closed on
Jun 7, 2024
Sold by
Icon Development Holdings I Llc
Bought by
Patrick J Keelty Revocable Trust and Donna V Keelty Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,714,400
Outstanding Balance
$3,668,786
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$180,532

Purchase Details

Closed on
Apr 29, 2021
Sold by
Skyfall Ocean 206 Llc
Bought by
Icon Development Holdings I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,966,667
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2019
Sold by
352 E 134Th Street Partners Llc
Bought by
Skyfall Ocean 150 Llc and Skyfall Ocean 200 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 10, 2016
Sold by
Portside Llc
Bought by
352 E 134Th St Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,410,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2005
Sold by
Ameche Gayle A
Bought by
Portside Llc

Purchase Details

Closed on
Apr 15, 1997
Sold by
Kornfeld John and Kornfeld Inge K
Bought by
Ameche Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 1994
Sold by
Klespies Franz and Klespies Anna
Bought by
Kornfeld Inge K and Klespies Franz

Purchase Details

Closed on
Nov 9, 1994
Sold by
Kornfeld John and Kornfeld Inge K
Bought by
Kornfeld John

Purchase Details

Closed on
Apr 28, 1993
Sold by
Kornfeld John and Kornfeld Inge K
Bought by
Kornfeld John and Kornfeld Inge K
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
Monroe Scott $5,076,360 None Listed On Document
Kent V Pearce Revocable Trust $2,529,164 None Listed On Document
Ohara Thomas $2,077,510 None Listed On Document
Gpl Management Trust $2,151,100 None Listed On Document
Patrick J Keelty Revocable Trust $2,472,479 None Listed On Document
Icon Development Holdings I Llc $2,091,666 Attorney
Skyfall Ocean 150 Llc $6,500,000 Title American Land Svcs Inc
352 E 134Th St Partners Llc $2,700,000 None Available
Portside Llc -- --
Ameche Gayle $660,000 --
Kornfeld Inge K -- --
Kornfeld John -- --
Kornfeld John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Scott $3,714,400
Previous Owner Icon Development Holdings I Llc $18,966,667
Previous Owner Skyfall Ocean 150 Llc $5,500,000
Previous Owner 352 E 134Th St Partners Llc $3,410,000
Previous Owner Ameche Gayle $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Rented $1,400 0.0% --
07/18/2018 07/18/18 Under Contract -- -- --
04/24/2018 04/24/18 For Rent $1,400 -- --
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 $41,644 $2,125,000 -- --
2023 $39,969 $1,975,991 $0 $0
2022 $37,278 $1,796,355 -- --
2021 $47,268 $2,235,448 $1,796,355 $439,093
2020 $47,030 $2,207,088 $1,796,355 $410,733
2019 $47,695 $2,174,598 $1,796,355 $378,243
2018 $40,446 $1,961,185 $1,701,810 $259,375
2017 $40,817 $1,950,585 $1,701,810 $248,775
2016 $28,686 $1,302,502 $0 $0
2015 $26,956 $1,184,093 $0 $0
2014 $24,442 $1,076,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2018

    Lauren Mathews

    Douglas Elliman (Jupiter)

    (561) 653-6195

    7 in this area

    43 Total Sales

    Lauren Mathews
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10426018

BeachesMLS

APN: 54-43-42-27-04-000-5810

Florida Palm Beach County West Palm Beach 33404

206 Inlet Way Unit 8, West Palm Beach, FL

This home is located at 206 Inlet Way Unit 8, West Palm Beach, FL 33404 since 24 April 2018 and is currently priced at $3,488,254. This property was built in 1953. 206 Inlet Way Unit 8 is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, William T. Dwyer High School, and John F. Kennedy Middle 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.

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