NOT LISTED FOR SALE

Estimated Value: $7,089,000 - $12,074,784

4 Beds
5 Baths
3,524 Sq Ft
$2,526/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $12,400,000 $3,519 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $55,280/month

183 Days on Market

Highlights

  • Pool and Spa
  • New Construction
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Mediterranean Architecture

About This Home

As of May 2024

Newly Priced! This gorgeous brand new construction home designed by Patrick Seagraves features an open floor plan, abundant natural light, and a chef-inspired kitchen. Replete with 4 Bedrooms, 4 1/2 baths, his and her primary en-suite, elevator, lower and upper level laundry rooms, smart-home automation, and so much more. Enjoy the best of indoor/outdoor living with a panoramic retractable glass wall leading to the loggia, pool and backyard sited on the sunny South side of the street. Enjoy the privacy of a single family with the convenience of a condo or townhome. This amazing In Town location offers close proximity to the beach, lake trail, schools, shopping & dining!

Last Agent to Sell the Property

Elizabeth DeWoody

Compass Florida, LLC License #SL-3293657 Listed on: 12/07/2023

Compass Florida, LLC

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,914

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront
  • North Facing Home
  • Property is zoned R-C - Medium Density Residential

Parking

  • Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • "S" Clay Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,524 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Dining Area
  • Library
  • Storage
  • Utility Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314100050050

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,914

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 50
  • Subdivision Name: Tropic Isle
  • Directions: Take the North Bridge and head North on Bradley Place, then East on Everglade.
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 2023
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 30914.3
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 3524.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: 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): 50
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 6098
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Windows:Impact Glass: Yes
  • Style:Mediterranean: Yes
  • Roof:Clay Tile: Yes
  • Garage 1 Car: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Oven-Double, Microwave, Washer, Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Amenities: Cable, Elevator, Smoke Detectors, Storage
  • Living Area: 3524.0
  • Window Features: Impact Glass, Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction
  • Exterior Features: Balcony, Impact Doors, Impact Windows
  • Roof: Clay Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Pool/Spa: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 1 Car, Attached
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Water Source: Septic, City Water, Sewer
  • Water/Sewer/Septic: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 50434314100050050
  • Zoning: R-C - Medium Density Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 30914.3
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
May 22, 2024
Sold by
Valerious Rob and Valerious Randi
Bought by
Slinkyglade Llc
Seller's Agent
Elizabeth DeWoody
Compass Florida, LLC
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$14,900,000
Sold Price
$12,400,000
Premium/Discount to List
-$2,500,000
-16.78%
Views
72
Current Estimated Value
$8,899,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,500,054
Avg. Annual Appreciation
-21.78%

Purchase Details

Listed on
Apr 23, 2021
Closed on
Feb 7, 2022
Sold by
Besikof Justin B
Bought by
Valerious Rob and Valerious Randi
Seller's Agent
Justin Besikof
Linda R. Olsson, Inc.
Buyer's Agent
Elizabeth DeWoody
Compass Florida LLC
List Price
$8,999,500
Sold Price
$8,500,000
Premium/Discount to List
-$499,500
-5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.93%

Purchase Details

Listed on
Aug 19, 2020
Closed on
Dec 16, 2020
Sold by
Bagley Vicki
Bought by
Besikof Justin B
Seller's Agent
Tierney O'Hara
Sotheby's International Realty, Inc.
Buyer's Agent
Linda R Olsson
Linda R. Olsson Inc.
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.56%
Original Mortgage
$3,945,000
Interest Rate
2.6%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 1999
Sold by
Smith Jane C
Bought by
Bagley Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 1998
Sold by
Kornwolf James D and Kornwolf Georgiana W
Bought by
Bagley Vicki and Smith Jane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1993
Sold by
Gelfand Michael C and Gelfand Edith
Bought by
Kornwolf James D and Kornwolf Georgiana W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,200
Interest Rate
7.48%
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
Slinkyglade Llc $12,400,000 Trident Title
Valerious Rob $8,062,000 Kochman & Ziska Plc
Besikof Justin B $2,500,000 Attorney
Bagley Vicki $292,500 --
Bagley Vicki $585,000 --
Kornwolf James D $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Besikof Justin B $2,000,000
Previous Owner Bagley Vicki $275,500
Previous Owner Bagley Vicki $276,500
Previous Owner Kornwolf James D $266,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $12,400,000 -3.9% $3,519 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $12,900,000 -4.8% $3,661 / Sq Ft
03/18/2024 03/18/24 Price Changed $13,550,000 -2.5% $3,845 / Sq Ft
02/15/2024 02/15/24 Price Changed $13,900,000 -6.7% $3,944 / Sq Ft
12/07/2023 12/07/23 Price Changed $14,900,000 0.0% $4,228 / Sq Ft
12/07/2023 12/07/23 For Sale $14,900,000 -6.3% $4,228 / Sq Ft
12/07/2023 12/07/23 Off Market $15,900,000 -- --
10/31/2023 10/31/23 For Sale $15,900,000 +87.1% $4,512 / Sq Ft
02/07/2022 02/07/22 Sold $8,500,000 -5.6% $2,429 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
04/23/2021 04/23/21 For Sale $8,999,500 +260.0% $2,571 / Sq Ft
12/18/2020 12/18/20 Sold $2,500,000 0.0% $925 / Sq Ft
12/18/2020 12/18/20 Sold $2,500,000 0.0% $925 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
10/02/2020 10/02/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $2,500,000 -16.0% $925 / Sq Ft
11/27/2019 11/27/19 For Sale $2,975,000 -- $1,100 / Sq Ft
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 $99,357 $6,618,114 -- --
2023 $40,932 $2,681,200 $2,681,200 $0
2022 $30,914 $1,875,599 $0 $0
2021 $32,964 $1,968,360 $1,705,090 $263,270
2020 $30,193 $1,785,718 $1,500,000 $285,718
2019 $28,360 $1,658,634 $1,440,000 $218,634
2018 $25,735 $1,611,467 $1,518,475 $92,992
2017 $22,992 $1,320,112 $1,195,650 $124,462
2016 $23,008 $1,293,959 $0 $0
2015 $21,341 $1,176,326 $0 $0
2014 $21,201 $1,153,206 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-1750

APN: 50-43-43-14-10-005-0050