NOT LISTED FOR SALE

320 Island Rd Palm Beach, FL 33480

Estimated Value: $9,315,000 - $55,577,888

6 Beds
10 Baths
7,526 Sq Ft
$4,311/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $41,712,000 $5,542 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $233,396/month

44 Days on Market

Highlights

  • 232 Feet of Waterfront
  • Intracoastal View
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Private Pool
  • Den

About This Home

As of May 2021

Direct intracoastal located close to Town & the beach. Incredibly conceived Bermudian gem, ''Tarpon Cove,'' affording an incredibly rare level of detail/authenticity. Perfectly poised & south facing w/232' of intracoastal frontage-great for boaters & water toys. To the north, the home overlooks rolling golf course greens. Winner of the Palm Beach Preservation Foundation's 2017 Schuler Award for outstanding new architecture, as well as an AIA award for excellence in design & execution. Enchantingly designed this property includes: 6 BRs, 7+ full BAs, gym, 5 car garage, heated & salt treated pool, full house generator, smart home technology, water purification system, dock, boat lift, & magically appointed gardens. ''Tarpon Cove'' is a private paradise for the ultimate tropical retreat

Last Agent to Sell the Property

Suzanne Frisbie

The Corcoran Group License #508253 Listed on: 02/18/2021

The Corcoran Group

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $258,492

Year Built

  • Built in 2014

Lot Details

  • 0.61 Acre Lot
  • 232 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property is zoned R-A(ci

Parking

  • 3 Car Garage

Property Views

  • Intracoastal
  • Golf Course

Interior Spaces

  • 7,526 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Bar
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Island Rd Dev Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434327040000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$258,492

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Park Bridge to South County Road. Right onto Island Road. House is on the left.
  • Year Built: 2014
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Pantry, Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Other
  • Living Area: 7526.0
  • Dining Room Type: Den, Florida Room
  • Stories: 2

Exterior Features

  • View: Golf Course, Intercoastal
  • Road Frontage Type: Waterfront
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434327040000010
  • Lot Size Sq Ft: 26638.0
  • Zoning Description: R-A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 258492.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
May 4, 2021
Sold by
Jones Lakeland Llc
Bought by
Pb Island Dreams Llc
Seller's Agent
Suzanne Frisbie
The Corcoran Group
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$45,000,000
Sold Price
$41,712,000
Premium/Discount to List
-$3,288,000
-7.31%
Total Days on Market
44
Current Estimated Value
$32,446,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,265,556
Avg. Annual Appreciation
-5.81%

Purchase Details

Listed on
Aug 26, 2020
Closed on
Jan 8, 2021
Sold by
Berwind James D
Bought by
Jones Lakeland Llc
Seller's Agent
Cris Condon
Sotheby's International Realty, Inc.
Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
List Price
$26,151,000
Sold Price
$26,151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
330.19%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Atterbury William W and 320 Island Road Trust
Bought by
Berwind James D

Purchase Details

Closed on
Mar 20, 2007
Sold by
Blabon Holt Diana and Holt Charles C
Bought by
The Island Road Lp
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 Buyer Sale Price Title Company
Pb Island Dreams Llc $41,712,000 Attorney
Jones Lakeland Llc $26,151,000 Attorney
Berwind James D -- Attorney
The Island Road Lp -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berwind James D $14,500,000
Previous Owner Berwind James D $8,000,000
Previous Owner Holt Diana Blabon $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $41,712,000 -7.3% $5,542 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $45,000,000 +72.1% $5,979 / Sq Ft
01/08/2021 01/08/21 Sold $26,151,000 0.0% $3,475 / Sq Ft
01/08/2021 01/08/21 Sold $26,151,000 0.0% $3,475 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/09/2020 12/09/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $26,151,000 -30.3% $3,475 / Sq Ft
11/01/2019 11/01/19 For Sale $37,500,000 +286.6% $4,983 / Sq Ft
02/16/2012 02/16/12 Sold $9,700,000 -15.7% $1,609 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $11,500,000 -- $1,908 / 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 $644,187 $39,848,636 -- --
2023 $559,492 $36,226,246 $0 $0
2022 $512,071 $32,932,951 $0 $0
2021 $406,026 $24,905,268 $12,584,390 $12,320,878
2020 $258,492 $15,595,698 $0 $0
2019 $258,036 $15,245,062 $0 $0
2018 $245,089 $14,960,807 $0 $0
2017 $244,560 $14,653,092 $0 $0
2016 $246,168 $14,351,706 $0 $0
2015 $254,568 $14,249,311 $0 $0
2014 $156,934 $8,648,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Suzanne Frisbie

    The Corcoran Group

    (215) 353-8636

    110 Total Sales

    Suzanne Frisbie
    Section Image

  • C

    Seller's Agent in 2021

    Cris Condon

    Sotheby's International Realty, Inc.

    (561) 301-2211

    16 Total Sales

    Cris Condon
    Section Image
  • Dana Koch

    Buyer's Agent in 2021

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    229 Total Sales

    Dana Koch
    Section Image

  • p

    Buyer's Agent in 2021

    pbb.rets.frisst

    pbb.rets.RETS_OFFICE

  • K

    Buyer's Agent in 2012

    Kevin Clark

    Sotheby's Intl. Realty, Inc.

See All Agents

Map

Source: BeachesMLS

MLS Number: R10693421

BeachesMLS

APN: 50-43-43-27-04-000-0010

Florida Palm Beach County Palm Beach 33480

320 Island Rd, Palm Beach, FL

This home is located at 320 Island Rd, Palm Beach, FL 33480 since 18 February 2021 and is currently estimated at $32,446,444, approximately $4,311 per square foot. This property was built in 2014. 320 Island Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill 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.

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