$7,500,000
SOLD MAR 30, 2022

242 Everglade Ave Palm Beach, FL 33480

North End Neighborhood
5 Beds
5.5 Baths
3,660 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$2,049 Per Sq Ft

9% Below List Price

86 Days on Market

Highlights

  • Gunite Pool
  • Roman Tub
  • Garden View
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Mediterranean Architecture

About This Home

As of March 2022

Dramatic double mahogany doors open into this exquisite 3,660-sq.-ft., classic Palm Beach-style townhouse on an oversized lot, with soaring 14-ft. ceilings, five bedrooms, five-and-a-half baths and a lushly landscaped private pool. This renowned Euro Homes-built residence completed in 1998 features an elevator, marble floors, crown moldings, and custom windows on both levels. This rarely-available property on one of the most coveted streets on Palm Beach Island is down the street from The Breakers and Royal Poinciana Way, and one block from the beach. As the adjoining townhome is also for sale, there is a once-in-a-lifetime opportunity to combine the two, for the first time in history, into a magnificent 7,000-plus-sq.-ft. mansion with a four-car garage, for an unrivaled in-town residence.

Last Listed By

Samantha Curry

Douglas Elliman License #3031158 Listed on: 12/03/2021

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $28,933

Year Built

  • Built in 1998

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,660 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Skylights
  • Fireplace
  • Plantation Shutters
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Marble Flooring
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Gunite Pool
  • Patio

Utilities

  • Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434314100050111

Community Details

Overview

  • Ocean Park Robbins Subdivision

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$28,933

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: North bridge, turn left on Bradley, right on Everglade
  • Year Built: 1998
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, Garden Tub/Roman Tub, High Ceilings, Skylights, Walk-In Closet(s), Attic, Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 3660.0
  • Dining Room Type: Attic, Den, Family Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Drapes, Impact Glass, Plantation Shutters, Skylight(s)

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Gunite, Heated, Pool
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314100050111
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 28933.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Sussman Michael
Bought by
Sussman Michael and Licht Renee
Total Days on Market
86
Current Estimated Value
$8,139,860

Purchase Details

Listed on
Jan 25, 2022
Closed on
Mar 29, 2022
Sold by
Buchman Peter M
Bought by
Sussman Michael and 242 Everglade Avenue Llc
Seller's Agent
Samantha Curry
Douglas Elliman
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$7,500,000
Sold Price
$7,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%

Purchase Details

Listed on
Jan 25, 2022
Closed on
Mar 9, 2022
Sold by
Shirley M Buchman Revocable Trust
Bought by
Buchman Peter M
Seller's Agent
Samantha Curry
Douglas Elliman
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$7,500,000
Sold Price
$7,500,000

Purchase Details

Closed on
Feb 25, 2015
Sold by
Buchman Shirley M and Buchman Shirley
Bought by
Buchman Shirley M and The Shirley M Buchman Revocable Trust

Purchase Details

Closed on
Mar 12, 1998
Sold by
Euro Homes I Inc
Bought by
Buchman Sylvan and Buchman Shirley

Purchase Details

Closed on
Mar 27, 1997
Sold by
Euro Homes Inc
Bought by
Euro Homes I Inc

Purchase Details

Closed on
Jun 30, 1995
Sold by
250 Everglade Inc
Bought by
Euro Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.79%
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $7,051,800 Mclaughlin & Stern Pllc
Warranty Deed -- New Title Company Name
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,450,000 --
Quit Claim Deed $100 --
Warranty Deed $1,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,300,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $7,500,000 0.0% $2,049 / Sq Ft
03/30/2022 03/30/22 Sold $7,500,000 0.0% $2,049 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/01/2022 02/01/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $7,500,000 -9.1% $2,049 / Sq Ft
12/03/2021 12/03/21 For Sale $8,250,000 -- $2,254 / Sq Ft
Source: BeachesMLS

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 $111,271 $7,045,638 -- --
2023 $96,261 $6,405,125 $2,696,600 $3,708,525
2022 $28,484 $1,871,756 $0 $0
2021 $28,933 $1,817,239 $0 $0
2020 $29,740 $1,792,149 $0 $0
2019 $29,678 $1,751,856 $0 $0
2018 $28,206 $1,719,191 $0 $0
2017 $28,207 $1,683,831 $0 $0
2016 $27,772 $1,649,198 $0 $0
2015 $28,720 $1,637,734 $0 $0
2014 $28,865 $1,624,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Samantha Curry

    Seller's Agent in 2022

    Samantha Curry

    Douglas Elliman

    (561) 331-1196

    5 in this area

    83 Total Sales

    Samantha Curry
    Section Image

  • P

    Buyer's Agent in 2022

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    54 in this area

    146 Total Sales

    Paulette Koch
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10762632

BeachesMLS

APN: 50-43-43-14-10-005-0111

Florida Palm Beach County Palm Beach 33480 North End

242 Everglade Ave, Palm Beach, FL

This home is located at 242 Everglade Ave, Palm Beach, FL 33480 and is currently priced at $7,500,000, approximately $2,049 per square foot. This property was built in 1998. 242 Everglade Ave is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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