$9,000,000
SOLD APR 28, 2023

301 Plantation Rd Palm Beach, FL 33480

North End Neighborhood
0.43 Acre
$20,930,233 Price per Acre
18,731 Sq Ft Lot

Recently Sold

$2,900 Per Sq Ft

16% Below List Price

95 Days on Market

About This Lot

As of April 2023

Rare opportunity to build new on 18,613 SF Lot, high elevation, intracoastal block and two houses from the Lake Trail. First time available in 30 years.

Last Agent to Sell the Property

Mary Newton

Douglas Elliman License #BK-3024255 Listed on: 10/14/2022

Douglas Elliman

Last Buyer's Agent

JIM McCANN

Premier Estate Properties, Inc. - Palm Beach License #BK-397290

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,730

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Home has East and West Exposure
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Utilities

  • Gas Available

Community Details

  • East Shore Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310100000121

Property Details

Property Type

Land

Est. Annual Taxes

$18,730

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.43
  • Subdivision Name: East Shore Add
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Taxes2: 18730.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 125
  • General Property Description:Lot SqFt: 18613
  • Exposure:East: Yes
  • Exposure:West: Yes
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Electric Available: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Land Improvements:Gas Available: Yes
  • Land Improvements:Sewer Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electric Available, Electric at Site, Sewer Available, Water Available, Natural Gas Available
  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 18613.0
  • Parcel #: 50434310100000121
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18730.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Apr 21, 2023
Sold by
Fifth Third Bank Na
Bought by
301 Plantation Llc
Seller's Agent
Mary Newton
Douglas Elliman
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
List Price
$10,750,000
Sold Price
$9,000,000
Premium/Discount to List
-$1,750,000
-16.28%
Views
14
Current Estimated Value
$8,033,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$966,039
Original Mortgage
$9,959,850
Interest Rate
6.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 19, 2021
Sold by
Brown Brothers Harriman Trust Company Na
Bought by
Fifth Third Bank

Purchase Details

Closed on
Jan 7, 2005
Sold by
Berne Helen H
Bought by
Fifth Third Bank

Purchase Details

Closed on
Nov 19, 1993
Sold by
Rybovich Kathryn J
Bought by
Berne Helen H
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $9,000,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Deed $765,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $726,927 Balloon
Open $9,959,850 New Conventional
Closed $9,959,850 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $9,000,000 0.0% $2,900 / Sq Ft
04/28/2023 04/28/23 Sold $9,000,000 -16.3% $2,900 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/17/2023 01/17/23 Pending -- -- --
10/19/2022 10/19/22 Price Changed $10,750,000 0.0% $3,464 / Sq Ft
10/14/2022 10/14/22 For Sale $10,750,000 -18.5% $3,464 / Sq Ft
06/30/2022 06/30/22 For Sale $13,195,000 -- $4,252 / 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 $135,958 $9,045,918 -- --
2023 $121,746 $7,310,130 $0 $0
2022 $104,292 $6,645,573 $0 $0
2021 $18,729 $1,105,391 $0 $0
2020 $18,743 $1,090,129 $0 $0
2019 $18,699 $1,065,620 $0 $0
2018 $17,815 $1,045,751 $0 $0
2017 $17,791 $1,024,242 $0 $0
2016 $16,741 $1,003,175 $0 $0
2015 $17,309 $996,202 $0 $0
2014 $17,391 $988,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mary Newton

    Douglas Elliman

    (917) 428-9909

    6 in this area

    66 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    JIM McCANN

    Premier Estate Properties, Inc. - Palm Beach

    (561) 307-1525

    31 in this area

    77 Total Sales

    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1008

APN: 50-43-43-10-10-000-0121

Florida Palm Beach County Palm Beach 33480 North End

301 Plantation Rd, Palm Beach, FL

This home is located at 301 Plantation Rd, Palm Beach, FL 33480 and is currently priced at $9,000,000, approximately $2,900 per square foot. 301 Plantation Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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