NOT LISTED FOR SALE

270 El Bravo Way Palm Beach, FL 33480

Estimated Value: $9,291,000

6 Beds
4 Baths
6,706 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $9,035,800 $1,347 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $60,752/month

445 Days on Market

Highlights

  • 140 Feet of Waterfront
  • Dock made with concrete
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Guest House
  • Marble Flooring

About This Home

As of February 2013

Phenomenal value! Renovate or build new on this 1.16 acre direct intracoastal (140') estate offered at $229/SF for a prime parcel on one of the most desirable streets in the Estate section. Very secluded location yet within walking distance to Worth Avenue. The existing structure is an impressive six BR home + 1 BR/1.5 BA pool house with great “bones” designed by architect Henry Harding.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 11/07/2011

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

CHRISTOPHER DEITZ

MCCANN COYNER CLARKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $102,605

Year Built

  • Built in 1952

Lot Details

  • 140 Feet of Waterfront
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Northeast Facing Home
  • Fenced Front Yard
  • Sprinkler System
  • Property is zoned RA

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Tile Roof
  • "S" Clay Tile Roof

Interior Spaces

  • 6,706 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Awning
  • Single Hung Windows
  • Sliding Windows
  • Casement Windows
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • <<doubleOvenToken>>
  • Gas Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Bulkhead
  • Dock made with concrete
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • El Bravo Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434327060000131

Home Details

Home Type

Single Family

Est. Annual Taxes

$102,605

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 1.16 acres
  • Subdivision Name: El Bravo Park
  • Above Grade Finished Sq Ft: 78564.29
  • Architectural Style: Traditional, One Story
  • Garage Yn: Yes
  • Year Built: 1952
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 102605.0
  • Location Tax Legal:Tax Year2: 2010
  • General Property Description:Living Area: 6706.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 1.16 acres
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • Roof:Clay Tile: Yes
  • Windows:Casement: Yes
  • Construction Brick: Yes
  • General Property Description:Waterfront Ftg: 140.0
  • Waterfront:Intracoastal-Direct: Yes
  • Dock:Concrete: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Marble, Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Smoke Detectors, Storage, Wet Bar, Pantry
  • Living Area: 6706.0
  • Window Features: Awning, Casement, Single Hung, Sliding
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Patio/Lanai, Fence-Front Wall, Seawall/Bulkhead, Storm Shutters, Sprinkler System, Guesthouse/Cottage
  • Roof: Clay Tile
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 50434327060000131
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 102605.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2019
Sold by
Schottenstein Gary L
Bought by
Schottenstein Gary L and Schottenstein 2004 Revo Gary L
Current Estimated Value
$9,291,000

Purchase Details

Listed on
Nov 7, 2011
Closed on
Feb 25, 2013
Sold by
Fiverson Steven B and Nancy Fiverson Family Trust
Bought by
Schottenstein Gary L
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
CHRISTOPHER DEITZ
MCCANN COYNER CLARKE
List Price
$9,035,800
Sold Price
$9,035,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%

Purchase Details

Closed on
Apr 28, 2010
Sold by
Fiverson Peter
Bought by
Fiverson Stephen B and Nancy Fiverson Family Trust

Purchase Details

Closed on
Apr 20, 2010
Sold by
Cooperman Lori
Bought by
Fiverson Stephen B and Nancy Fiverson Family Trust

Purchase Details

Closed on
Dec 2, 2008
Sold by
Fiverson Nancy and The Tillie Havenick Quialified
Bought by
Fiverson Nancy

Purchase Details

Closed on
Jan 28, 2003
Sold by
Havenick Tillie
Bought by
Fiverson Nancy and Tillie Lavenick Qualified Personal Resid
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 Buyer Sale Price Title Company
Schottenstein Gary L -- Attorney
Schottenstein Gary L -- Attorney
Schottenstein Gary L $9,035,800 Attorney
Fiverson Stephen B -- Attorney
Fiverson Stephen B -- Attorney
Fiverson Stephen B -- Attorney
Fiverson Nancy -- Attorney
Fiverson Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schottenstein Gary L $8,000,000
Closed Schottstein Gary L $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $9,035,800 0.0% $1,347 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
11/07/2011 11/07/11 For Sale $9,035,800 -- $1,347 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $342,219 $22,855,166 -- --
2023 $335,215 $22,189,482 $0 $0
2022 $335,880 $21,543,186 $0 $0
2021 $341,660 $20,915,715 $0 $0
2020 $342,468 $20,626,938 $0 $0
2019 $341,869 $20,163,185 $0 $0
2018 $324,744 $19,787,228 $11,300,323 $8,486,905
2017 $313,656 $19,709,988 $11,895,077 $7,814,911
2016 $177,562 $9,226,309 $0 $0
2015 $161,719 $8,387,554 $0 $0
2014 $138,363 $7,625,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 11-673

APN: 50-43-43-27-06-000-0131