NOT LISTED FOR SALE

Estimated Value: $7,508,000 - $9,113,000

3 Beds
3 Baths
3,176 Sq Ft
$2,603/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $10,100,000 $3,180 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $51,556/month

25 Days on Market

Highlights

  • Heated Spa
  • Marble Flooring
  • No HOA
  • Palm Beach Public School Rated A-
  • Pool View
  • Breakfast Area or Nook

About This Home

As of November 2023

Welcome to 209 Bermuda Lane. This designer-owned, turn-key ''Modern Bermuda'' is uniquely situated on a quiet cul-de-sac (with no through traffic) on the near North End of Palm Beach Island. Sitting on a large 11,300 square foot lot, this 3,176 square foot home includes 3 bedrooms and 3 bathrooms. The main living rooms feature soaring ceilings and sliding glass doors which open to an extremely gracious loggia, achieving the effect of a dramatic feel coupled with true island living. A rare gem in that it is completely move-in ready for season, the owners have meticulously maintained every detail. Offering unparalleled indoor-to-outdoor living and entertaining like a property twice its size, the residence has been beautifully landscaped by Nivera Williams, with bespoke landscape illumination creating a special outdoor ambience in the evenings. The home has a new full-house generator and new A/C ductwork. 209 Bermuda also boasts notable upgrades such as the new marble vanities and a glass-door Sub Zero refrigerator. No detail has been overlooked, including a gorgeous enamel floor in the temperature controlled garage. This opportunity is perfectly positioned for a sophisticated buyer who wants the best of island living with access to the Lake trail, restaurants, clubs and all that Palm Beach has to offer. Your Palm Beach dream is closer than you think. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no financial fee will be paid to a cooperating Broker on the Deposits retained by the Seller. No financial fee will be paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2023 by the listing company. All Rights Reserved.

Last Agent to Sell the Property

Margit Brandt

Premier Estate Properties Inc. License #3430177 Listed on: 10/04/2023

Last Buyer's Agent

Beth Cole

The Corcoran Group License #3077938

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,614

Year Built

  • Built in 1952

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • North Facing Home
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,176 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Formal Dining Room
  • Marble Flooring
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • In Ground Spa
  • Heated Pool

Additional Features

  • Patio
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434310110000020

Community Details

Overview

  • No Home Owners Association
  • Bermuda Lane Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,614

Year Built

Built in 1952

Lot Details

0.25 Acres

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North County Rd. to Bermuda, West to Property
  • Year Built: 1952
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Main Level Primary, Pantry, Soaking Tub, Separate Shower
  • Main Level Bedrooms: 3
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Marble
  • Living Area: 3176.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Pool
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Trail(s)
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310110000020
  • Lot Size Acres: 0.25
  • Lot Size: 87.0 ft x 130.0 ft
  • Lot Size Sq Ft: 10890.0
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 32614.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 17, 2023
Sold by
Meltzer Ross
Bought by
209 Bermuda Llc
Seller's Agent
Margit Brandt
Premier Estate Properties Inc.
Buyer's Agent
Beth Cole
The Corcoran Group
List Price
$9,999,000
Sold Price
$10,100,000
Premium/Discount to List
$101,000
1.01%
Views
67
Current Estimated Value
$8,267,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,832,235
Avg. Annual Appreciation
-8.23%

Purchase Details

Listed on
Dec 7, 2012
Closed on
Jun 5, 2013
Sold by
Coleman Nicholas A and Jones Elizabeth B
Bought by
Meltzer Ross
Seller's Agent
John Pickett
William Raveis Real Estate
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$2,950,000
Sold Price
$2,525,000
Premium/Discount to List
-$425,000
-14.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%
Original Mortgage
$1,750,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2009
Sold by
Rhoades Scott A
Bought by
Coleman Nicholas

Purchase Details

Closed on
Aug 9, 2006
Sold by
Bradshaw Patricia
Bought by
Rhoades Scott A and Scott A Rhoades 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
$1,500,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 1996
Sold by
Sroivattana Chookiat P and Sroivattana Sundaree
Bought by
Bradshaw Patricia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
209 Bermuda Llc $9,203,275 None Listed On Document
Meltzer Ross $2,525,000 Attorney
Coleman Nicholas $1,675,000 Attorney
Rhoades Scott A $1,875,000 Attorney
Bradshaw Patricia $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meltzer Ross $1,750,000
Previous Owner Rhoades Scott A $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $10,100,000 +1.0% $3,180 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $9,999,000 +296.0% $3,148 / Sq Ft
06/10/2013 06/10/13 Sold $2,525,000 -14.4% $900 / Sq Ft View Prior Sale
05/11/2013 05/11/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $2,950,000 -- $1,052 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $102,447 $6,025,628 -- --
2024 $102,447 $6,825,914 -- --
2023 $32,406 $2,139,981 $0 $0
2022 $32,446 $2,077,651 $0 $0
2021 $33,020 $2,017,137 $0 $0
2020 $33,078 $1,989,287 $0 $0
2019 $33,009 $1,944,562 $0 $0
2018 $31,373 $1,908,304 $0 $0
2017 $31,374 $1,869,054 $0 $0
2016 $30,973 $1,830,611 $0 $0
2015 $32,029 $1,817,886 $0 $0
2014 $32,183 $1,803,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10924901

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-10-11-000-0020

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