NOT LISTED FOR SALE

Estimated Value: $21,795,438

0.48 Acre
$45,209,371 Price per Acre
21,000 Sq Ft Lot

Sale Details

Date Sold: June 23, 2021

Last sale price $12,000,000 $3,279 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $154,592 / mo

35 Days on Market

About This Lot

As of June 2021

Spectacular 120' x 175' Estate lot on the Lake Block of Jungle Road. Fantastic opportunity to build your Palm Beach dream home.

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $91,397

Lot Details

  • 21,000 Sq Ft Lot
  • North Facing Home
  • Landscaped with Trees
  • Property is zoned R-A(ci

Location

  • East of U.S. Route 1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434326000020330

Property Details

Property Type

Land

Est. Annual Taxes

$91,397

Lot Details

0.48 Acres

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Agriculture
  • Directions: Call LO.
  • Horses: No
  • Lot Size Acres: 0.4821
  • New Construction: No
  • Road Frontage Type: Paved Road, U.S. Hwy
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Unimproved Agri/Recreatn/Moblhome
  • Subdivision Name: N/A
  • LastStatus: Pending
  • CurrentPrice: 12000000
  • Special Features: VirtualTour

Exterior Features

  • Exterior Features: East Of Us1
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

  • Water Source: Public
  • Utilities: No Utilities, Other Utilities Available, Water Connected, None, Other, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Lot Info

  • Parcel Number: 50434326000020330
  • Current Use: Unimproved Single Family (5+ Lots)
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 21000
  • Zoning: R-A(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 91397

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Bought by
Current Estimated Value
$21,795,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Outstanding Balance
$18,589,415
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$3,206,023

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 23, 2021
Sold by
Bought by
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$11,990,000
Sold Price
$12,000,000
Premium/Discount to List
$10,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
Feb 11, 2019
Sold by
Bought by

Purchase Details

Listed on
Mar 7, 2017
Closed on
Dec 21, 2017
Sold by
Bought by
Seller's Agent
Liza Pulitzer
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
JACK ELKINS
THE CORCORAN GROUP
List Price
$6,750,000
Sold Price
$6,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$32,087,119 --
$12,000,000 Attorney
-- Attorney
$6,750,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $20,000,000
Previous Owner $2,440,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2021 06/23/21 Sold $12,000,000 +0.1% $3,279 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $11,990,000 +77.6% $3,276 / Sq Ft
12/21/2017 12/21/17 Sold $6,750,000 0.0% $1,400 / Sq Ft View Prior Sale
11/28/2017 11/28/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $6,750,000 -- $1,400 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $430,020 $26,499,750
2024 $430,020 $28,847,238
2023 $421,381 $28,007,184 $0 $0
2022 $190,055 $12,180,469 $0 $0
2021 $91,149 $5,529,446 $5,500,000 $29,446
2020 $91,398 $5,455,701 $5,400,000 $55,701
2019 $90,722 $5,302,070 $5,250,000 $52,070
2018 $83,798 $5,054,601 $4,894,888 $159,713
2017 $70,566 $4,152,779 $3,979,584 $173,195
2016 $18,454 $1,103,224 $0 $0
2015 $19,080 $1,095,555 $0 $0
2014 $19,171 $1,086,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: R10709951

MIAMI REALTORS® MLS

APN: 50-43-43-26-00-002-0330

Your Personal Tour Guide

Ask me questions while you tour the home.