$2,955,000
SOLD JUL 1, 2024
0.43 Acre
$6,872,093 Price per Acre
18,731 Sq Ft Lot

Recently Sold

$1,114 Per Sq Ft

20% Below List Price

194 Days on Market

About This Lot

As of July 2025

Magnificent 19,000+/- sf compound that can be subdivided. Excellent opportunity for developer or end user! This 1920's gated Mediterranean Estate is on the coveted South of Southern street of East Lakewood Road. This non-contributing residence can be subdivided for potential redevelopment. Offering over 4500 sf, the home boasts a main structure of three bedrooms, 3.5 bathrooms with original architectural details throughout, a large eat-in kitchen, and most rooms opening up to the turquoise pool and lushly landscaped grounds. The private two-story guest house features an upstairs one bedroom, one bathroom unit and a lower level one bedroom, one bathroom apartment along with a one-car garage.

Last Agent to Sell the Property

Cara McClure

Douglas Elliman License #SL-3177951 Listed on: 11/01/2023

Douglas Elliman

Co-Listed By

LISA WILKINSON

Douglas Elliman License #SL-3254735

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,725

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • South Facing Home
  • Property is zoned SF14

Utilities

  • Well
  • Well Pump

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434403100020130

Property Details

Property Type

Land

Est. Annual Taxes

$37,725

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.43
  • Subdivision Name: Lakewood
  • Directions: From S Olive, go west on E Lakewood
  • Location Tax Legal:Zoned: SF14
  • Location Tax Legal:Taxes2: 37725.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 150
  • General Property Description:Lot SqFt: 18896
  • Exposure:South: Yes
  • WaterSewer:Well Pump: 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: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
  • Water Source: City Water at Site, Well, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 18896.0
  • Parcel #: 74434403100020130
  • Zoning: SF14
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 37725.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jul 1, 2024
Sold by
Mimi & Co Llc
Bought by
319 E Lakewood Llc
Seller's Agent
Cara McClure
Douglas Elliman
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$3,695,000
Sold Price
$2,955,000
Premium/Discount to List
-$740,000
-20.03%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.99%

Purchase Details

Listed on
Dec 17, 2018
Closed on
Aug 27, 2020
Sold by
Lum Roberta
Bought by
Mimi & Co Llc
Seller's Agent
Phatavanh Olsen
Douglas Elliman
Buyer's Agent
Cara McClure
Douglas Elliman
List Price
$1,850,000
Sold Price
$1,275,000
Premium/Discount to List
-$575,000
-31.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.40%

Purchase Details

Closed on
Aug 18, 2010
Sold by
Estabrook Karen S
Bought by
Lum Roberta

Purchase Details

Closed on
Jun 15, 2004
Sold by
Roosevelt Place Corp Inc
Bought by
Estabrook Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1998
Sold by
Lee Charles R and Lee Martha B
Bought by
Kafarakis Spiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.92%
Mortgage Type
New Conventional
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
Warranty Deed $2,955,000 None Listed On Document
Warranty Deed $1,186,875 Attorney
Warranty Deed $840,000 Attorney
Warranty Deed $900,000 --
Warranty Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Unknown
Previous Owner $700,000 Purchase Money Mortgage
Previous Owner $431,250 New Conventional
Previous Owner $252,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Sold $3,700,000 -11.8% $1,395 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
04/21/2025 04/21/25 Price Changed $4,195,000 -12.5% $1,582 / Sq Ft
02/04/2025 02/04/25 For Sale $4,795,000 +62.3% $1,808 / Sq Ft
07/01/2024 07/01/24 Sold $2,955,000 -20.0% $1,114 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
11/01/2023 11/01/23 For Sale $3,695,000 +189.8% $1,393 / Sq Ft
08/27/2020 08/27/20 Sold $1,275,000 -31.1% $313 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
12/19/2018 12/19/18 For Sale $1,850,000 -- $455 / 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 $40,595 $1,808,528 -- --
2023 $37,725 $1,644,116 $0 $0
2022 $33,954 $1,494,651 $0 $0
2021 $30,105 $1,358,774 $500,000 $858,774
2020 $26,337 $1,173,906 $360,000 $813,906
2019 $25,460 $1,143,392 $460,000 $683,392
2018 $22,357 $1,012,472 $393,750 $618,722
2017 $24,148 $1,153,296 $315,000 $838,296
2016 $22,828 $955,142 $0 $0
2015 $21,394 $868,311 $0 $0
2014 $20,148 $789,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-1763

APN: 74-43-44-03-10-002-0130