$9,800,000

Estimated payment $58,282/month

Total Views 11,417
6 Beds
7 Baths
5,282 Sq Ft
$1,855 Price per Sq Ft

Highlights

  • Guest House
  • Wine Room
  • Newly Remodeled
  • Palm Beach Public School Rated A-
  • Cabana
  • Waterfront

About This Home

Luxury Mediterranean-Style Home for Sale in
West Palm Beach
6 Bedrooms, 5.2 Bathrooms, 2 Car Garage, Pool Cabana, Detached Guest Suitr

Welcome to 221 Monroe Drive, a historic-meets-new
Construction gem, nestled in the Southland Park
Historic District of West Palm Beach. Originally built in1925, this residence is undergoing an expansive transformation, more than doubling in size to just under 5,000 sq. Ft. Of luxurious living space with an additional 410 sq ft detached guest suite. With a brand new two-car garage, a pool house featuring a private second-story guest suite, and impeccably designed outdoor spaces, this home seamlessly blends the beloved, and highly historic charm, with thoughtful modernity.
Imagined by CBG Developers, Gengler Architects, and designer, Seneca Reynolds, this 5 bedroom, 4.5 bathroom main house with a pool house and second-story guest retreat is crafted with the finest materials and finishes. Highlights include an elegant formal living and ding room with a restored gas fireplace, custom woodwork ceilings, wine cellar, a marble draped chef's kitchen with a butler's pantry, and an expansive primary suite with a 200 sqft balcony overlooking the pool.

Greeted by a fountain-centered courtyard primed for cocktail gatherings, this Mediterranean property with bougainvillea framed entryways and picture windows is a showstopper. The centerpiece of the backyard is a shimmering salt water pool pillared with four towering palm trees, creating a chic tropical oasis. The pool house is fully equipped with an outdoor shower, kitchen, bathroom, TV, and electric screen for effortless entertaining. The second floor one-bedroom, one bathroom suite overlooking the grand backyard will serve as a serene retreat offering privacy and comfort in a vacation-like setting.

Disclaimer:
All renderings are conceptual and are subject to change without notice. All features, specifications, and plans are subject to change without notice. Not all amenities, features, finishes, and decorative objects depicted herein may be constructed or included in accordance with the artist's renderings or descriptions.

Listing Agent

Deborah Ginsburg

Nest Seekers Florida, LLC License #BK-3349775 Listed on: 10/22/2024

Co-Listing Agent

Ashley Luebke

Nest Seekers Florida, LLC License #BK-3300730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,650

Year Built

  • Built in 1925 | Newly Remodeled

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 127 x 100
  • Waterfront
  • South Facing Home
  • Back and Front Yard Fenced
  • Property is zoned 0100 - 0100 Single Family

Parking

  • Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 5,282 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Wine Room
  • Living Room
  • Dining Room
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Pool

  • Cabana
  • Pool and Spa
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Southland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434334090090560

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,650

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 127 x 100
  • Subdivision Name: Southland
  • Architectural Style: Mediterranean
  • Year Built: 1925
  • Location Tax Legal:Zoned: 0100 - 0100 Single Family
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 48650.46
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 5282.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • General Property Description:Lot Dim (1): 127 x 100
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 12700
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Pool:Salt Water: Yes
  • Garage 2 Car: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Wet Bar, Wine Rm/Temp-Control, Pantry
  • Living Area: 5282.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Wine RmTemp-Control: Yes

Exterior Features

  • Pool Features: Pool, Salt Water, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: New Construction
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Fence-Back Wall, Fence-Front Wall, Built-in Grill, Guesthouse/Cottage
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 2 Car

Utilities

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

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 12700.0
  • Parcel #: 74434334090090560
  • Zoning: 0100 - 0100 Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 48650.46
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $46,256 $2,237,043 -- --
2023 $48,650 $2,337,588 $1,502,725 $834,863
2022 $38,143 $1,786,525 $0 $0
2021 $6,260 $308,674 $0 $0
2020 $6,222 $304,412 $0 $0
2019 $6,131 $297,568 $0 $0
2018 $5,763 $292,020 $0 $0
2017 $5,658 $286,014 $0 $0
2016 $5,643 $280,131 $0 $0
2015 $5,752 $278,184 $0 $0
2014 $5,762 $275,976 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 For Sale $9,800,000 +308.3% $1,855 / Sq Ft
06/28/2024 06/28/24 Sold $2,400,000 -7.7% $858 / Sq Ft
03/27/2024 03/27/24 For Sale $2,599,999 +73.3% $930 / Sq Ft
03/14/2024 03/14/24 Sold $1,500,000 -24.1% $564 / Sq Ft
02/01/2024 02/01/24 Price Changed $1,975,000 -24.0% $742 / Sq Ft
11/08/2023 11/08/23 Price Changed $2,600,000 -11.9% $977 / Sq Ft
09/20/2023 09/20/23 Price Changed $2,950,000 -15.6% $1,109 / Sq Ft
04/12/2023 04/12/23 For Sale $3,495,000 +29.4% $1,313 / Sq Ft
04/15/2022 04/15/22 Sold $2,700,000 +38.5% $1,194 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $1,950,000 -- $862 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $2,400,000 None Listed On Document
Warranty Deed $1,500,000 None Listed On Document
Warranty Deed $2,700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,013,207 Construction
Closed $4,013,207 Construction
Previous Owner $1,200,000 Construction
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-1487

APN: 74-43-43-34-09-009-0560