NOT LISTED FOR SALE

Estimated Value: $9,121,000 - $10,444,642

4 Beds
4 Baths
4,124 Sq Ft
$2,343/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $10,250,000 $2,485 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $62,525/month

15 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • No HOA
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Fireplace

About This Home

As of December 2023

Perfectly located north end residence, with shared ocean beach access. Enjoy this 4 bedroom and 4.2 bath, 5,000 sq.ft. residence now or re-imagine it with your own touches. The backyard has a tropical vibe with mature plantings, colorful bougainvillea, and a heated pool and spa. Inside features include a main level primary suite with adjacent office, custom kitchen with granite counters, butler's pantry & morning bar, wine closet, mahogany wood floors, and impact windows throughout. Upstairs is a spacious covered balcony and 3 additional en-suite bedrooms. This residence is completed by 2 separate attached garages. This north end Palm Beach residence is a lovely place to start living your Palm Beach lifestyle.

Last Agent to Sell the Property

Suzanne Frisbie

The Corcoran Group License #508253 Listed on: 11/28/2023

The Corcoran Group

Last Buyer's Agent

Samantha Curry

Douglas Elliman License #3031158

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,025

Year Built

  • Built in 2008

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • East Facing Home
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Home Design

  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,124 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Fireplace
  • Dining Room
  • Library
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434234070000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,025

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 100
  • Subdivision Name: Tropic Isle
  • Directions: North Lake Way to Esplanade Way
  • Architectural Style: Two Story
  • Year Built: 2008
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 34025.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 4124.0
  • 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): 100
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 11325
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • Auto Garage Door Opener: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Microwave, Washer, Dryer, Central Vac System, Trash Compactor
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Stone/Brick, W/W Carpeting
  • Interior Amenities: Cable, Fireplace, Wet Bar, Pantry
  • Living Area: 4124.0
  • Window Features: Impact Glass, Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 11325.0
  • Parcel #: 50434234070000200
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 34025.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Dec 28, 2023
Sold by
Iris R Lapidus Revocable Trust
Bought by
220 Esplanade Way Llc
Seller's Agent
Suzanne Frisbie
The Corcoran Group
Buyer's Agent
Samantha Curry
Douglas Elliman
List Price
$9,950,000
Sold Price
$10,250,000
Premium/Discount to List
$300,000
3.02%
Total Days on Market
15
Views
36
Current Estimated Value
$9,663,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$586,119
Avg. Annual Appreciation
-4.06%

Purchase Details

Closed on
Jan 26, 2023
Sold by
Lapidus Iris R
Bought by
Iris R Lapidus Revocable Trust

Purchase Details

Closed on
Apr 10, 2009
Sold by
Levack Perry Iii Donald R and Levack Perry Dayna
Bought by
Lapidus Steven R

Purchase Details

Closed on
Jul 14, 2006
Sold by
220 Esplanade Llc
Bought by
Perry Donald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Proulx Clement
Bought by
Brian Mcdaniel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 17, 2004
Sold by
Ward Stanley M and Ward Frederick E
Bought by
Proulx Clement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,298,000
Interest Rate
1.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
220 Esplanade Way Llc $10,250,000 Trident Title
Iris R Lapidus Revocable Trust -- --
Lapidus Steven R $2,505,000 Attorney
Perry Donald R -- None Available
Brian Mcdaniel Llc $1,500,000 --
Proulx Clement $1,855,000 Symphony Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry Donald R $2,000,000
Previous Owner Perry Donald R $200,000
Previous Owner Brian Mcdaniel Llc $824,000
Previous Owner Brian Mcdaniel Llc $100,000
Previous Owner Proulx Clement $1,298,000
Closed Brian Mcdaniel Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $10,250,000 +3.0% $2,485 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $9,950,000 -- $2,413 / 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 $134,870 $9,006,320 -- --
2023 $34,025 $2,247,858 $0 $0
2022 $34,069 $2,182,386 $0 $0
2021 $34,670 $2,118,821 $0 $0
2020 $34,732 $2,089,567 $0 $0
2019 $34,660 $2,042,587 $0 $0
2018 $32,941 $2,004,501 $0 $0
2017 $32,944 $1,963,272 $0 $0
2016 $32,561 $1,922,891 $0 $0
2015 $33,671 $1,909,524 $0 $0
2014 $33,833 $1,894,369 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-1925

APN: 50-43-42-34-07-000-0200