2850 Gin Berry Way West Palm Beach, FL 33401
Banyan Cay Neighborhood
3
Beds
2.5
Baths
2,555
Sq Ft
7,505
Sq Ft Lot
Highlights
- Lake Front
- Fruit Trees
- Wood Flooring
- Gated with Attendant
- Roman Tub
- High Ceiling
About This Home
As of June 2025Nestled in the prestigious gated Banyan Cay Resort community in the heart of West Palm Beach, this exquisite Cayman model home offers a perfect blend of elegance, comfort, and South Florida luxury living. Crafted by the renowned SobelCo, a trusted homebuilder since 1958, this meticulously maintained residence stands as a testament to superior craftsmanship and design. This home boasts private sunset fountain water views from the expansive backyard, offering an ideal space for creating your own outdoor oasis. The open floor plan is accentuated by soaring ceilings that flood the space with natural light and beautiful hardwood flooring throughout. The designer kitchen is a chef's dream, featuring upgraded cabinetry, an ultra-large island and high-end appliances. Each bedroom in this home...
Last Agent to Sell the Property
Douglas Elliman License #3389273 Listed on: 03/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,429
Year Built
- Built in 2021
Lot Details
- 7,505 Sq Ft Lot
- Lake Front
- Sprinkler System
- Fruit Trees
- Property is zoned CPD/RP
HOA Fees
- $613 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
Property Views
- Lake
- Garden
Home Design
- Concrete Roof
Interior Spaces
- 2,555 Sq Ft Home
- 1-Story Property
- Custom Mirrors
- Built-In Features
- High Ceiling
- Entrance Foyer
- Great Room
- Family Room
- Den
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- Dual Sinks
- Roman Tub
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434307120000730
Community Details
Overview
- Association fees include common areas, ground maintenance, security
- Built by SobelCo
- Banyan Cay Resort Communi Subdivision
Recreation
- Trails
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2025
Closed on
Jun 10, 2025
Sold by
Powell Jeffrey and Jeffrey Powell Living Trust
Bought by
Decarvalho Bernardo Joaquim and Briote Camila Dias
Seller's Agent
Lori Cronican
Douglas Elliman
Buyer's Agent
Lori Cronican
Douglas Elliman
List Price
$1,145,000
Sold Price
$1,050,000
Premium/Discount to List
-$95,000
-8.3%
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.78%
Original Mortgage
$787,500
Outstanding Balance
$786,823
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$305,179
Purchase Details
Closed on
Jun 12, 2023
Sold by
Powell Jeffrey and Powell Francine
Bought by
Jeffrey Powell Living Trust
Purchase Details
Closed on
Jul 8, 2021
Sold by
Ss Banyan Cay Developer Llc
Bought by
Powell Jeffrey and Powell Francine
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 | $1,050,000 | First American Title Insurance | |
| Quit Claim Deed | -- | None Listed On Document | |
| Special Warranty Deed | $705,140 | Title Matters Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $787,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | $1,050,000 | -8.3% | $411 / Sq Ft |
| 03/17/2025 03/17/25 | For Sale | $1,145,000 | -- | $448 / 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 | $12,429 | $635,595 | -- | -- |
| 2023 | $12,133 | $617,083 | $0 | $0 |
| 2022 | $11,922 | $599,110 | $0 | $0 |
| 2021 | $2,607 | $120,000 | $120,000 | $0 |
| 2020 | $2,400 | $110,000 | $110,000 | $0 |
| 2019 | $2,195 | $99,000 | $99,000 | $0 |
| 2018 | $1,947 | $90,000 | $90,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Lori Cronican
Douglas Elliman
(561) 459-2805
3 in this area
142 Total Sales
-
C
Seller Co-Listing Agent in 2025
Christopher Cronican
Douglas Elliman
(509) 254-1608
2 in this area
106 Total Sales
Map
Source: BeachesMLS
MLS Number: R11072150
APN: 74-43-43-07-12-000-0730
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