NOT LISTED FOR SALE

Estimated Value: $5,086,000 - $7,299,127

3 Beds
5 Baths
2,210 Sq Ft
$2,862/Sq Ft Est. Value

Highlights

  • Property has ocean access
  • Home Theater
  • Waterfront
  • Palm Beach Public School Rated A-
  • Heated Pool and Spa
  • Contemporary Architecture

About This Home

As of January 2024

This award-winning, LEED, seasonal favorite, is now available off season for flexible time frames from May 1 2023-Feb 15, 2024. Perfect for an introduction to your forever home in Palm Beach or as an interim residence while you are renovating. Built in 2013, with deeded beach access, the home features 3 bdrms with ensuite bths, a great room, chef's kitchen with steamer, yoga room/office, summer kitchen, heated pool, spa. New Restoration Hardware furniture downstairs, not featured here. Lake Trail access. Enjoy the Palm Beach Lifestyle.

Last Agent to Rent the Property

VICTORIA BREWER

Douglas Elliman License #SL-3065411 Listed on: 12/02/2022

Last Renter's Agent

JANE SCOTT

Sotheby's International Realty, Inc. License #SL-3246261

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,932

Year Built

  • Built in 2013

Lot Details

  • Waterfront
  • North Facing Home
  • Back Yard Fenced
  • Sprinkler System

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,210 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Theater
  • Library
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Available

Pool

  • Heated Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes cable TV, local phone, sewer
  • Month-to-Month Lease Term
  • Seasonal Lease Term
  • Assessor Parcel Number 50434303110000502

Community Details

Overview

  • Front Yard Maintenance
  • El Encanto Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Pool Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,932

Year Built

Built in 2013

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays
  • Pets Other: per owner approval

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: El Encanto
  • Directions: Take County north to Queens Lane, make a left and then the first left on Ocean. 216 Colonial is in front of you. Colonial Lane is a one way street running east.
  • Architectural Style: Contemporary, Two Story
  • Building Name: N/A
  • Year Built: 2013
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 2210.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 1
  • General Property Description:_pound_ Floors: 2.0
  • 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
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Contract Information:Deposit Amount: 15000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Yes
  • Pool:Heated - Electric: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Sewer3: Yes
  • Floors:Terrazzo: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Services Included:Pool Services: Yes
  • Lease Type:Monthly: Yes
  • Utilities Included:Local Phone: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Terrazzo, Tile
  • Interior Amenities: Cable, Ceiling Fan, Sound System, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 2210.0
  • Stories: 2
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Pool Features: Pool, Heated - Electric, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Sprinkler System, Impact Doors, Impact Windows, Exercise Room
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking 2 Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Local Phone, Sewer
  • Amenities: Trash Removal, Pool Services, Yard Services

Lot Info

  • Parcel #: 50434303110000502

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2010
Sold by
Adler Andrew N
Bought by
Egger Karen
Current Estimated Value
$6,324,532

Purchase Details

Closed on
Apr 21, 2006
Sold by
Freeman David A
Bought by
Adler Andrew N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Freeman Stephen A and Freeman Keyvan
Bought by
Freeman David A

Purchase Details

Closed on
Aug 21, 2001
Sold by
Freeman David A
Bought by
Freeman David A and Freeman Stephen A
Source: Public Records

Range of Values:

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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
Egger Karen $799,500 Attorney
Adler Andrew N $851,000 Attorney
Freeman David A $225,000 --
Freeman David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adler Andrew N $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2024 01/01/24 Rented $50,000 +66.7% --
12/02/2022 12/02/22 For Rent $30,000 -40.0% --
09/07/2022 09/07/22 Rented $50,000 0.0% --
04/26/2022 04/26/22 Under Contract -- -- --
04/20/2022 04/20/22 For Rent $50,000 +25.0% --
12/01/2021 12/01/21 Rented $40,000 0.0% --
11/01/2021 11/01/21 Under Contract -- -- --
06/16/2021 06/16/21 For Rent $40,000 +100.0% --
05/29/2020 05/29/20 Rented $20,000 0.0% --
05/29/2020 05/29/20 For Rent $20,000 -14.9% --
09/24/2019 09/24/19 Rented $23,500 0.0% --
08/25/2019 08/25/19 Under Contract -- -- --
01/10/2019 01/10/19 For Rent $23,500 +17.5% --
12/29/2017 12/29/17 Rented $20,000 0.0% --
11/29/2017 11/29/17 Under Contract -- -- --
02/22/2017 02/22/17 For Rent $20,000 0.0% --
10/08/2016 10/08/16 Rented $20,000 0.0% --
09/08/2016 09/08/16 Under Contract -- -- --
04/14/2016 04/14/16 For Rent $20,000 -- --
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 $58,932 $3,989,398 -- --
2023 $57,746 $3,873,202 $0 $0
2022 $57,840 $3,760,390 $0 $0
2021 $34,819 $2,135,044 $1,362,618 $772,426
2020 $34,314 $2,069,938 $1,266,177 $803,761
2019 $34,987 $2,076,311 $1,151,070 $925,241
2018 $30,733 $1,879,166 $1,151,070 $728,096
2017 $28,524 $1,702,108 $1,221,164 $480,944
2016 $28,088 $1,560,274 $0 $0
2015 $26,644 $1,418,431 $0 $0
2014 $24,415 $1,289,483 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1782

APN: 50-43-43-03-11-000-0502