$2,400,000
SOLD NOV 18, 2022
0.66 Acre
$3,636,364 Price per Acre
28,750 Sq Ft Lot

Recently Sold

4% Below List Price

301 Days on Market

Highlights

  • On Golf Course
  • Waterfront
  • Private Membership Available
  • Polo Park Middle School Rated A-
  • 0.66 Acre Lot
  • Cul-De-Sac

About This Lot

As of November 2022

Only lot available in the prestigious Palm Beach Polo Club! Located in the highly sought after community of Cypress Island, this 0.66-acre parcel checks all the boxes, boasting spectacular water and golf course views with a private cul-de-sac location. Don't miss your opportunity to build your dream home in the dream location, full set of plans are ready to go!

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 01/11/2022

Engel & Volkers Wellington

Last Buyer's Agent

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 01/11/2022

Engel & Volkers Wellington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,117

Lot Details

  • 0.66 Acre Lot
  • Waterfront
  • On Golf Course
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned WELL_P

HOA Fees

  • $319 Monthly HOA Fees

Property Views

  • Golf Course Views

Community Details

  • Private Membership Available
  • Cypress Island Of Palm Be Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414415210000290

Property Details

Property Type

Land

Est. Annual Taxes

$26,117

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palm Beach Polo to Cypress Island
  • Special Features: VirtualTour

Exterior Features

  • View: Golf Course
  • Lot Features: Cul-De-Sac, On Golf Course
  • Road Surface Type: Paved
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 319.0
  • Amenities: Private Membership
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414415210000290
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.66
  • Lot Size Sq Ft: 28885.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 26117.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Bcw 2515 Llc
Bought by
Cypress Island Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,337,500
Outstanding Balance
$1,900,792
Interest Rate
6.72%
Mortgage Type
Balloon
Estimated Equity
$891,217

Purchase Details

Listed on
Jan 11, 2022
Closed on
Nov 18, 2022
Sold by
2515 Cypress Island Llc
Bought by
Bcw 2515 Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$3,000,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 4, 2021
Closed on
Dec 22, 2021
Sold by
Polo Real Estate Development Llc
Bought by
2515 Cypress Island Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$1,850,000
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.87%

Purchase Details

Listed on
Nov 8, 2019
Closed on
Apr 28, 2021
Sold by
Urania C Llc
Bought by
Polo Real Estate Development Llc
Seller's Agent
Travis Laas
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$1,585,000
Sold Price
$1,225,000
Premium/Discount to List
-$360,000
-22.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.75%

Purchase Details

Closed on
Oct 1, 2012
Sold by
Palm Beach Polo Holdings Inc
Bought by
Urania C Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $2,750,000 None Listed On Document
Warranty Deed $2,750,000 None Listed On Document
Warranty Deed $2,400,000 --
Warranty Deed $1,850,000 Galle Law Group Pa
Warranty Deed $1,225,000 Attorney
Warranty Deed $675,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,337,500 Balloon
Closed $2,337,500 Balloon
Previous Owner $3,000,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $3,500,000 +45.8% --
11/18/2022 11/18/22 Sold $2,400,000 -4.0% --
11/09/2022 11/09/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $2,500,000 +35.1% --
01/03/2022 01/03/22 Sold $1,850,000 0.0% --
12/04/2021 12/04/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,850,000 +51.0% --
05/07/2021 05/07/21 Sold $1,225,000 -22.7% --
04/07/2021 04/07/21 Pending -- -- --
11/08/2019 11/08/19 For Sale $1,585,000 -- --
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 $43,030 $2,280,273 -- --
2023 $41,298 $2,171,689 $2,171,689 $0
2022 $40,183 $2,068,275 $0 $0
2021 $26,117 $1,635,000 $1,635,000 $0
2020 $21,976 $1,200,000 $1,200,000 $0
2019 $21,015 $1,200,000 $1,200,000 $0
2018 $19,434 $1,230,000 $1,230,000 $0
2017 $16,060 $840,225 $840,225 $0
2016 $15,524 $700,592 $0 $0
2015 $14,503 $636,902 $0 $0
2014 $12,534 $579,002 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10769099

BeachesMLS

APN: 73-41-44-15-21-000-0290