2745 S Flagler Dr West Palm Beach, FL 33405
Southland Park Neighborhood
4
Beds
5.5
Baths
3,466
Sq Ft
8,710
Sq Ft Lot
Highlights
- 65 Feet of Waterfront
- Intracoastal View
- Marble Flooring
- Palm Beach Public School Rated A-
- Heated Pool
- 2-minute walk to Monceaux Park
About This Home
As of May 2024Just Completed on South Flagler Drive in the very sought-after Historic West Palm Beach. This mid-century home was completely renovated and expanded by Ritzzo Development and designed by Mizner award-winning FGS Design. While historic, the cedar paneled home is brand new featuring 3,908 square feet, 4 bedrooms, and 5.1 baths. While retaining its '60s glamour, the house features all of today's modern conveniences and design preferences by HW interiors, including real terrazzo tile and engineered hardwood floors throughout, an open kitchen with Thermador appliances, full Crestron home system lighting and music, and smart home technology. Corner windows in the living room and primary bedroom suite with marble master bathroom showcase waterfront views. Enjoy the resort-style outdoor space
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $67,430
Year Built
- Built in 1954
Lot Details
- 8,710 Sq Ft Lot
- 65 Feet of Waterfront
- Property fronts an intracoastal waterway
- Fenced
- Sprinkler System
- Property is zoned SF14(c
Parking
- 2 Car Attached Garage
- Garage Door Opener
Property Views
- Intracoastal
- Pool
Home Design
- Concrete Roof
Interior Spaces
- 3,466 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Fireplace
- Great Room
- Family Room
- Combination Kitchen and Dining Room
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Home Security
- Home Security System
- Motion Detectors
- Impact Glass
- Fire and Smoke Detector
Pool
- Heated Pool
- Pool Equipment or Cover
Outdoor Features
- Patio
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- Lafayette Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 74434334030020250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2023
Closed on
May 28, 2024
Sold by
2745 South Flagler Owner Llc
Bought by
James J Ostrom 2008 Revocable Trust and Ostrom
Seller's Agent
Gary Pohrer
Serhant
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$7,950,000
Sold Price
$6,400,000
Premium/Discount to List
-$1,550,000
-19.5%
Views
95
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.70%
Original Mortgage
$2,500,000
Outstanding Balance
$2,473,967
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$5,775,566
Purchase Details
Closed on
Jan 14, 2022
Sold by
Ritzzo Development Llc
Bought by
2745 South Flagler Owner Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2021
Sold by
2745 South Flagler Llc
Bought by
Ritzzo Development Llc
Purchase Details
Closed on
Mar 23, 2021
Sold by
Shepard Patricia M
Bought by
2745 South Flagler Llc
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $6,400,000 | None Listed On Document | |
| Warranty Deed | $1,680,000 | Nelson Mullins Riley & Scarbor | |
| Warranty Deed | $2,100,000 | Attorney | |
| Warranty Deed | $1,950,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,500,000 | New Conventional | |
| Previous Owner | $1,750,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | For Sale | $9,700,000 | +51.6% | $3,232 / Sq Ft |
| 05/31/2024 05/31/24 | Sold | $6,400,000 | -11.7% | $1,847 / Sq Ft |
| 04/15/2024 04/15/24 | Pending | -- | -- | -- |
| 03/01/2024 03/01/24 | Price Changed | $7,249,000 | -8.8% | $2,091 / Sq Ft |
| 09/01/2023 09/01/23 | For Sale | $7,950,000 | -- | $2,294 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $82,557 | $3,886,802 | -- | -- |
| 2023 | $67,374 | $3,256,274 | $2,957,264 | $299,010 |
| 2022 | $43,858 | $2,067,100 | $0 | $0 |
| 2021 | $32,020 | $1,459,605 | $1,430,000 | $29,605 |
| 2020 | $6,873 | $342,438 | $0 | $0 |
| 2019 | $6,768 | $334,739 | $0 | $0 |
| 2018 | $6,415 | $328,498 | $0 | $0 |
| 2017 | $6,330 | $321,741 | $0 | $0 |
| 2016 | $6,317 | $315,123 | $0 | $0 |
| 2015 | $6,442 | $312,932 | $0 | $0 |
| 2014 | $6,451 | $310,448 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Christian Angle
Christian Angle Real Estate
(561) 629-3015
3 in this area
209 Total Sales
-
G
Seller's Agent in 2024
Gary Pohrer
Serhant
(561) 262-0856
4 in this area
106 Total Sales
Map
Source: BeachesMLS
MLS Number: R10916183
APN: 74-43-43-34-03-002-0250
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.
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.
Nearby Homes