$1,300,000
SOLD APR 3, 2018

2590 Palm Ave Flagler Beach, FL 32136

5 Beds
4.5 Baths
6,000 Sq Ft
1.25 Acres

Recently Sold

$217 Per Sq Ft

35% Below List Price

114 Days on Market

Highlights

  • 510 Feet of Waterfront
  • Boat Dock
  • Heated In Ground Pool
  • Old Kings Elementary School Rated A-
  • Intracoastal View
  • 1.25 Acre Lot

About This Home

As of January 2021

This magnificent custom designed Frank Lloyd Wright certified home boasts spectacular sweeping views of the ICW and the Atlantic Ocean. 6,000+ feet of finished living space with another 1500 to finish as you want. Peaceful location; over 1 acre lot at the tip of Cedar Island in Flagler Beach with a design that welcomes the outside in. Granite counters and travertine flooring reminiscent of a sandy beach flows throughout the home and strategic placement of wave inspired ceiling coves accented with lighting create ambiance. Balconies connect you to nature all around.Separate two story guest house connected by the pool patio with a bedroom and bathroom on each floor. Gourmet kitchen features include a warming drawer, beverage coolers, hands free faucet, smart fridge with Keurig. Exquisite finishes. Five bedrooms, five and a half bathrooms. The master tub is a jetted experience! Also, three car garage is over-sized with an elevator to the upper levels. Schedule a private showing.

Last Agent to Sell the Property

Patricia Stauffer

COASTAL GATEWAY REAL ESTATE GR License #3131788 Listed on: 12/05/2017

Last Buyer's Agent

Patricia Stauffer

COASTAL GATEWAY REAL ESTATE GR License #3131788 Listed on: 12/05/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,197

Year Built

  • Built in 2016

Lot Details

  • 1.25 Acre Lot
  • 510 Feet of Waterfront
  • Property fronts gulf or ocean
  • Waterfront Tip Lot
  • River Front
  • West Facing Home
  • Irregular Lot

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,000 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Vaulted Ceiling
  • Ceiling Fan
  • Storage Room
  • Laundry Room
  • Intracoastal Views

Kitchen

  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • No Fixed Bridges
  • Balcony
  • Deck
  • Open Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 19-12-32-1060-00000-0230

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance
  • Cedar Island HOA, Phone Number (386) 439-4690
  • Cedar Island Subdivision, Custom Floorplan

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,197

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Concrete, Stucco
  • Living Area: 6000
  • Lot Size Acres: 1.25
  • Year Built: 2016
  • Lot Size Sq Ft: 54276
  • Directions to Property: Route 100 south on A1A to South 23rd. Take right and proceed to make a left onto Palm Avenue , Then follow to end.
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: Yes
  • Property Manager: Cedar Island MOA
  • Property Manager Phone: 386-439-4690
  • Ratio: Close Price\List Price: 0.78788
  • Price per Sq Ft: 216.67
  • Close to Original List Price Ratio: 0.65002
  • View: Yes
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Refrigerator, Wine Refrigerator
  • Total Bedrooms: 5
  • Levels: Multi/Split
  • Spa Yn: Yes
  • Stories: 3
  • Street Number Modifier: 2590
  • Room Count: 15
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch, Open Patio, Rear Porch
  • Road Surface Type: Paved
  • Water View: Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges
  • Water View Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 510

Garage/Parking

  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Oversized
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Boat Dock
  • Association Fee: 350
  • Association Name: Cedar Island HOA
  • Phone: 386-439-4690
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: CEDAR ISLAND

Lot Info

  • Zoning: SFR
  • Parcel Number: 19-12-32-1060-00000-0230
  • Lot Features: Irregular Lot, Tip Lot
  • Price Per Acre: 1040000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 20197

Multi Family

  • Waterfront Features: Gulf/Ocean, River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Dec 17, 2020
Sold by
Cleary Lauren
Bought by
Lawless John C and Lawless Susan C
Seller's Agent
Pamela Capela
RE/MAX Select Professionals
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$1,900,000
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%
Original Mortgage
$1,330,000
Outstanding Balance
$1,190,564
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,128,103

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 30, 2020
Sold by
Cleary Lauren
Bought by
Cleary Lauren M
Seller's Agent
Pamela Capela
RE/MAX Select Professionals
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$1,900,000
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Outstanding Balance
$1,190,564
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,128,103

Purchase Details

Listed on
Dec 5, 2017
Closed on
Apr 2, 2018
Sold by
Mdb Adventures Inc
Bought by
Cleary Lauren
Seller's Agent
Patricia Stauffer
COASTAL GATEWAY REAL ESTATE GR
Buyer's Agent
Patricia Stauffer
COASTAL GATEWAY REAL ESTATE GR
List Price
$1,999,950
Sold Price
$1,300,000
Premium/Discount to List
-$699,950
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%

Purchase Details

Closed on
Jul 26, 2017
Sold by
Balluff Michael F and Balluff Debbie L
Bought by
Mbd Adventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 28, 2015
Closed on
Oct 27, 2015
Sold by
Greenberg Lawrence H
Bought by
Balluff Michael F and Balluff Debbie L
Seller's Agent
Janet Salam
Coastal Gateway Real Estate Group
Buyer's Agent
Janet Salam Stoughton
Coldwell Banker Realty
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Original Mortgage
$605,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 17, 2014
Sold by
Greenberg Lawrence
Bought by
Greenberg Lawrence H

Purchase Details

Closed on
Jun 20, 2005
Sold by
Musotto Paul and Musotto Theresa
Bought by
Greenberg Lawrence

Purchase Details

Closed on
Jun 11, 2004
Sold by
Stoughton Homes Inc
Bought by
Musotto Paul W and Musotto Theresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 $1,900,000 Select Title Agency
Interfamily Deed Transfer -- Select Title Agency
Corporate Deed $1,300,000 Coast Title Ins Agency Inc
Warranty Deed $1,520,000 Attorney
Warranty Deed $775,000 None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $490,000 Aztec Title Corporation
Warranty Deed $365,000 First Coast Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,330,000 New Conventional
Previous Owner $700,000 Purchase Money Mortgage
Previous Owner $605,000 Seller Take Back
Previous Owner $292,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $3,299,999 -5.7% $432 / Sq Ft
04/25/2025 04/25/25 For Sale $3,500,000 +84.2% $458 / Sq Ft
01/20/2021 01/20/21 Sold $1,900,000 0.0% $249 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $1,900,000 +46.2% $249 / Sq Ft
04/03/2018 04/03/18 Sold $1,300,000 -35.0% $217 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
12/03/2017 12/03/17 For Sale $1,999,950 +158.1% $333 / Sq Ft
10/29/2015 10/29/15 Sold $775,000 0.0% $151 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $775,000 -- $151 / Sq Ft
Source: Stellar MLS

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 $44,903 $2,541,218 $1,160,250 $1,380,968
2023 $44,903 $2,181,258 $0 $0
2022 $41,876 $2,429,380 $1,117,500 $1,311,880
2021 $36,555 $1,802,693 $719,625 $1,083,068
2020 $27,689 $1,359,304 $388,225 $971,079
2019 $23,348 $1,118,372 $388,225 $730,147
2018 $22,828 $1,083,723 $379,850 $703,873
2017 $21,039 $1,047,614 $379,850 $667,764
2016 $5,871 $274,950 $0 $0
2015 $4,083 $194,400 $0 $0
2014 $3,414 $184,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC234361

Stellar MLS

APN: 19-12-32-1060-00000-0230