NOT LISTED FOR SALE

2850 Gin Berry Way West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $1,084,642 - $1,146,000

3 Beds
2.5 Baths
2,555 Sq Ft
$435/Sq Ft Est. Value

Last Sold June 10, 2025

Last sale price $1,050,000 $411 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,540/month

85 Days on Market

Highlights

  • Lake Front
  • Fruit Trees
  • Wood Flooring
  • Gated with Attendant
  • Roman Tub
  • High Ceiling

About This Home

As of June 2025

Nestled 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

Lori Cronican

Douglas Elliman License #3389273 Listed on: 03/17/2025

Douglas Elliman

Co-Listed By

Christopher Cronican

Douglas Elliman License #3391612

Last Buyer's Agent

Lori Cronican

Douglas Elliman License #3389273 Listed on: 03/17/2025

Douglas Elliman

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,429

Year Built

Built in 2021

Lot Details

0

HOA Fees

$613 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95, exit #74, 45th St. Right onto Congress Blvd. Left onto Banyan Cay Drive. Take the 2nd exit off the circle, Fescue Point to gate guard. Right onto Gin Berry Way
  • Year Built: 2021
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Custom Mirrors, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile, Wood
  • Living Area: 2555.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fruit Trees, Patio
  • View: Garden, Lake
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Builder Name: SobelCo
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 613.0
  • Community Features: Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Security

Lot Info

  • Parcel #: 74434307120000730
  • Lot Size: < 1/4 Acre,Sidewalks,Wes
  • Lot Size Sq Ft: 7505.0
  • Zoning Description: CPD/RP

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12429.0

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
Current Estimated Value
$1,111,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,161
Avg. Annual Appreciation
13.97%
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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Decarvalho Bernardo Joaquim $1,050,000 First American Title Insurance
Jeffrey Powell Living Trust -- None Listed On Document
Powell Jeffrey $705,140 Title Matters Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decarvalho Bernardo Joaquim $787,500
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

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 $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

    140 Total Sales

    Lori Cronican
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Christopher Cronican

    Douglas Elliman

    (509) 254-1608

    2 in this area

    104 Total Sales

    Christopher Cronican
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R11072150

BeachesMLS

APN: 74-43-43-07-12-000-0730

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2850 Gin Berry Way, West Palm Beach, FL

This home is located at 2850 Gin Berry Way, West Palm Beach, FL 33401 since 17 March 2025 and is currently estimated at $1,111,161, approximately $434 per square foot. This property was built in 2021. 2850 Gin Berry Way is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Roosevelt Middle School, and Palm Beach Lakes Community High School.

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.

BeachesMLS 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