RENTED APR 2, 2025

Estimated Value: $4,570,000 - $6,937,000

4 Beds
5 Baths
4,951 Sq Ft
$1,177/Sq Ft Est. Value

Highlights

  • Doorman
  • Direct Ocean View
  • Property fronts an intracoastal waterway
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • 4-minute walk to Lake Worth Beach Park

About This Home

As of April 2025

This luxurious penthouse at The Bellaria is truly a ''mansion in the sky''. It boasts over 7,500 total square feet of grand living space and 16-foot soaring ceilings with fantastic ocean and Intracoastal views. With over 2,900 square feet of private sprawling terrace space, this meticulously maintained residence features a chef's kitchen, four gracious bedroom suites, a formal office, and two spacious living rooms. PH4 also comes with its own private two-car garage, perfect for any collector. This penthouse is located in Palm Beach proper and is within walking distance to The Four Seasons, fine dining, and just a bike ride away from the award-winning Eau Spa. Indulge in top-tier newly renovated amenities - from the gorgeous new lobby, private tennis and pickleball courts, to a rejuvenating pool/spa, as well as The Bellaria's exquisite club room, gym, theatre, poker room and designated beach area. This pet-friendly building has a welcoming, friendly staff. A penthouse truly beyond the ordinary.

Last Agent to Rent the Property

Greg Forest

SERHANT. License #SL-3277489 Listed on: 08/22/2024

SERHANT.

Last Renter's Agent

GREG FOREST

ILLUSTRATED PROPERTIES LLC WPB

Property Details

Home Type

  • Condo-Op

Year Built

  • Built in 2006

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home
  • Gated Home

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture

Interior Spaces

  • 4,951 Sq Ft Home
  • Dining Room
  • Home Office
  • Library

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Tennis Courts
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $45,000
  • Rent includes cable TV, water
  • 12 Month Lease Term
  • Seasonal Lease Term
  • Assessor Parcel Number 50434426110140040

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Bellaria Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Clubhouse
  • Elevator

Recreation

  • Pool Services

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Directions: Take Ocean Ave. to Ocean Blvd. and make a left. In 1.9 miles, it will be on your right hand side.
  • Architectural Style: Contemporary, Mediterranean
  • Building Name: Bellaria
  • Year Built: 2006
  • Location Tax Legal:Name of Building: Bellaria
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Floors:Marble: Yes
  • Contract Information:Deposit Amount: 45000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Lease Type:Annual: Yes
  • Security:Gate House: Yes
  • Security:Security Guards: Yes
  • Services Included:Garbage: Yes
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Style:Mediterranean: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Services Included:Pool Services: Yes
  • Waterfront - Unit:Intracoastal-Direct4: Yes
  • Services Included:Club Facilities: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Tile
  • Interior Amenities: Elevator
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Elevator: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct, Intracoastal-Direct
  • Waterfront: Yes
  • Exterior Features: Balcony, Ocean Access-No Deed, Tennis Court-Clay, Impact Doors, Impact Windows, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Tennis Court-Clay: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking:Garage2: Yes
  • Parking:Covered Parking2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Smoke Alarms, Gate House, Security Guards, Security System, Doorperson
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Water
  • Amenities: Full Time Manager, Club Facilities, Garbage, Trash Removal, Pool Services, Yard Services

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 50434426110140040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Schonfeld Steven B
Bought by
Caribbean Pearl Llc
Current Estimated Value
$5,825,876

Purchase Details

Closed on
May 16, 2018
Sold by
Schonfeld Steven B
Bought by
Schonfeld Steven B and Steven B Schonfeld Reovcable Trust

Purchase Details

Closed on
Jan 2, 2015
Sold by
Haber Manny
Bought by
Schonfeld Steven B

Purchase Details

Closed on
Jan 12, 2007
Sold by
Premier Palm Beach Lp
Bought by
Haber Manny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,025,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caribbean Pearl Llc $6,500,000 Attorney
Schonfeld Steven B -- Attorney
Schonfeld Steven B $6,300,000 Attorney
Haber Manny $3,990,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haber Manny $3,025,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2025 04/02/25 Rented $29,500 -25.3% --
03/31/2025 03/31/25 Under Contract -- -- --
10/24/2024 10/24/24 Price Changed $39,500 -12.2% $8 / Sq Ft
08/22/2024 08/22/24 For Rent $45,000 -- --
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
2025 $102,891 $7,000,000 -- --
2024 $102,891 $6,788,100 -- --
2023 $98,557 $6,171,000 $0 $0
2022 $89,334 $5,610,000 $0 $0
2021 $83,351 $5,100,000 $0 $5,100,000
2020 $80,591 $4,850,000 $0 $4,850,000
2019 $82,196 $4,850,000 $0 $4,850,000
2018 $72,309 $4,400,000 $0 $4,400,000
2017 $74,131 $4,400,000 $0 $0
2016 $72,337 $4,200,000 $0 $0
2015 $75,340 $4,200,000 $0 $0
2014 $51,834 $2,851,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1189

APN: 50-43-44-26-11-014-0040