209 Bermuda Ln Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $7,396,000 - $9,066,000
3
Beds
3
Baths
3,176
Sq Ft
$2,635/Sq Ft
Est. Value
Highlights
- Heated Spa
- Marble Flooring
- Breakfast Area or Nook
- Palm Beach Public School Rated A-
- Pool View
- Formal Dining Room
About This Home
As of November 2023Welcome 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.
Last Agent to Sell the Property
Premier Estate Properties, Inc License #3430177 Listed on: 10/04/2023
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
- Fenced
- Sprinkler System
- Property is zoned R-B(ci
Parking
- 1 Car Attached Garage
- Circular Driveway
Home Design
- Concrete Roof
Interior Spaces
- 3,176 Sq Ft Home
- 1-Story Property
- Furnished or left unfurnished upon request
- Ceiling Fan
- Family Room
- Formal Dining Room
- Pool Views
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Marble
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- 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
- Bermuda Lane Subdivision
Recreation
- Trails
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%
Total Days on Market
25
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,731,909
Avg. Annual Appreciation
-11.50%
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 III
BARRETT WELLES PROPERTY GROUP LLC
Buyer's Agent
Burt Minkoff
Douglas Elliman
List Price
$2,525,000
Sold Price
$2,525,000
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
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
5.37%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
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 | $1,800,000 | |
| Previous Owner | Meltzer Ross | $100,000 | |
| Previous Owner | Meltzer Ross | $1,750,000 | |
| Previous Owner | Coleman Nicholas | $540,000 | |
| Previous Owner | Coleman Nicholas A | $800,000 | |
| Previous Owner | Rhoades Scott A | $1,500,000 | |
| Previous Owner | Rhoades Scott A | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | 0.0% | $900 / Sq Ft |
| 04/25/2013 04/25/13 | Pending | -- | -- | -- |
| 12/07/2012 12/07/12 | For Sale | $2,525,000 | -- | $900 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $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
-
Margit Brandt
M
Seller's Agent in 2023
Margit Brandt
Premier Estate Properties, Inc
(561) 659-6400
12 in this area
50 Total Sales
-
Beth Cole
B
Buyer's Agent in 2023
Beth Cole
The Corcoran Group
(561) 758-1541
2 in this area
13 Total Sales
-
J
Seller's Agent in 2013
JOHN PICKETT III
BARRETT WELLES PROPERTY GROUP LLC
-
K
Seller Co-Listing Agent in 2013
KC PICKETT
BARRETT WELLES PROPERTY GROUP LLC
-
Burt Minkoff
Buyer's Agent in 2013
Burt Minkoff
Douglas Elliman
9 in this area
65 Total Sales
Map
Source: BeachesMLS
MLS Number: R10924901
APN: 50-43-43-10-11-000-0020
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