$26,151,000
SOLD JAN 8, 2021

320 Island Rd Palm Beach, FL 33480

5 Beds
6 Baths
7,526 Sq Ft
0.61 Acres

Recently Sold

$3,475 Per Sq Ft

131 Days on Market

Highlights

  • 232 Feet of Waterfront
  • Dock has access to electricity
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Guest House
  • Bermuda Architecture

About This Home

As of May 2021

Authentic Bermudian-style house with 232' of rare south facing Intracoastal frontage and golf course views. Built for entertaining, the house won the 2017 Schuler Award from the Preservation Foundation for outstanding new architecture, as well as an AIA award for excellence in design. The large master suite incorporates a dressing room and two spa quality bathrooms as well as a sitting room and fully equipped gym. The property features a whole house generator, garage space for five cars, full smart home technology, a water purification system, retractable glass walls, lush mature landscaping and numerous other highly detailed architectural touches that make this spectacular home truly unique.

Last Agent to Sell the Property

Cris Condon

Sotheby's International Realty, Inc. License #392210 Listed on: 08/26/2020

Sotheby's International Realty, Inc.

Last Buyer's Agent

SUZANNE FRISBIE

MCCANN COYNER CLARKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $257,020

Year Built

  • Built in 2014

Lot Details

  • 0.61 Acre Lot
  • 232 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Home has North and South Exposure
  • Property is zoned RA

Parking

  • 3 Car Garage

Home Design

  • Bermuda Architecture
  • Poured Concrete
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,526 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Pool

  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Dock has access to electricity
  • Dock made with wood
  • Balcony
  • Patio
  • Lanai

Additional Features

  • Guest House
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Island Rd Dev Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434327040000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$257,020

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.61
  • Lot Size: 232
  • Subdivision Name: Island Rd Dev
  • Architectural Style: Bermuda, Two Story
  • Garage Yn: Yes
  • Year Built: 2014
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 257019.86
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 7526.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 232
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 26571
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Floors:StoneBrick: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Wood: Yes
  • Dock:Other Materials2: Yes
  • General Property Description:Waterfront Ftg: 232.0
  • Waterfront:Intracoastal-Direct: Yes
  • Pool:Salt Water: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Stone/Brick
  • Interior Amenities: Ceiling Fan, Elevator, Fireplace, Intercom, Sound System, Smoke Detectors, Storage, Wet Bar, Pantry
  • Living Area: 7526.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Intercom: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Salt Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, Poured Concrete
  • Exterior Features: Balcony, Patio/Lanai, Guesthouse/Cottage, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Parking Features: 3 Car, Other
  • Garage:_three_ Car: Yes
  • Garage:Other7: Yes

Utilities

  • Security: Security System, Other Security
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 26571.0
  • Parcel #: 50434327040000010
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 257019.86
  • Tax Year: 2019

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%
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
-5.83%

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

Similar Homes in Palm Beach, FL

  • 218 El Brillo Way, Palm Beach, FL 33480

    $23,900,000

    • 4 Beds
    • 5.5 Baths
    • 4,993 Sq Ft
    • 218 El Brillo Way
    • Palm Beach, FL

    Prestigious Estate Section, South Exposure, Classic Monterey-Style 6 BD,4.2 BA plus office, and family room. Built by Gustav Maass in 1950 situated on a glorious, lushly landscaped, 22,888 sq. ft. lot. This gracious center-hall home has a formal living room with fireplace, formal dining room, covered loggia overlooking expansive gardens, and a fabulous 24 x 17 sq. ft. family/media room

    Linda R Olsson Linda R. Olsson, Inc.

    Section Image
  • 145 Clarendon Ave, Palm Beach, FL 33480

    $18,900,000

    • 5 Beds
    • 5 Baths
    • 4,237 Sq Ft
    • 145 Clarendon Ave
    • Palm Beach, FL

    Welcome to a true gem in the heart of Palm Beach, this impeccably designed Bermuda residence by Marion Sims Wyeth is nestled on a rare, oversized 23,958+/- square foot parcel just steps from the ocean and Intracoastal. Set on a distinguished 100 x 239 foot lot with the added advantage of a rear service road on coveted Vita Serena, this elegant home offers both grandeur and privacy in one of the

    Margit Brandt Premier Estate Properties, Inc

    Section Image
  • 218 Seabreeze Ave, Palm Beach, FL 33480

    $25,000,000

    • 4 Beds
    • 5.5 Baths
    • 4,653 Sq Ft
    • 218 Seabreeze Ave
    • Palm Beach, FL

    Discover this exquisite West Indies-style home, built and finished by Leeds Custom Design, and nestled on a picturesque 1/3-acre lot. An inviting open great room welcomes you, featuring a dual-sided fireplace that elegantly connects to the dining area. The kitchen is a culinary dream, showcasing a state-of-the-art Wentworth kitchen with Wolf, Sub-Zero, and Miele appliances, along with a large

    Rachel Shapiro William Raveis Real Estate

    Section Image
  • 433 Antigua Ln, Palm Beach, FL 33480

    $21,500,000

    • 5 Beds
    • 8 Baths
    • 5,910 Sq Ft
    • 433 Antigua Ln
    • Palm Beach, FL

    Just Completed- Brand New! Superb rare location, master suite on main floor, three car garage, high end finishing and upgrades- a stunning home with rich landscaping and unique floor plan which makes the most of this oversized cul-de-sac lot on a beautiful in-town street- minutes to everything. Custom built with plank oak and marble flooring, high end appliances and finishes on a quiet location

    Bill Yahn The Corcoran Group

    Section Image
  • 1048 S Ocean Blvd, Palm Beach, FL 33480

    $23,950,000

    • 5 Beds
    • 9 Baths
    • 6,676 Sq Ft
    • 1048 S Ocean Blvd
    • Palm Beach, FL

    Beautiful John Volk Regency home with ocean views and beach access. Just three streets North of Mar-a-Lago in the Estate Section, this five bedroom, six full and two half bathroom home is ideal for entertaining. A 40 x 20 foot pool and two upstairs balconies with direct ocean views. Just steps away from a private beach deeded beach access.

    Elizabeth DeWoody Compass Florida LLC (PB)

    Section Image
  • 150 Kings Rd, Palm Beach, FL 33480

    $19,500,000

    • 5 Beds
    • 5.5 Baths
    • 6,823 Sq Ft
    • 150 Kings Rd
    • Palm Beach, FL

    Welcome to an exquisite estate built in 2017. This luxurious home spans 6,823 sq ft and offers 5 beds and 6.5 baths, all crafted with elegance and attention to detail. Step into a world of sophistication with a spacious living area filled with natural light and high ceilings. The gourmet kitchen, equipped with top-of-the-line appliances, is perfect for culinary enthusiasts and entertaining.

    Kristen Gerhard Compass Florida, LLC

    Section Image
  • 245 Dunbar Rd, Palm Beach, FL 33480

    $23,900,000

    • 8 Beds
    • 9 Baths
    • 7,175 Sq Ft
    • 245 Dunbar Rd
    • Palm Beach, FL

    Welcome to Buttonwood - Beautiful and historic In-Town property with 8BR/9BA on oversized 19,600+/- SqFt lot. Private driveway leads to welcoming and charming front porch with ample seating. Stunning architectural detailing and hardwood flooring. Two beautiful fireplaces in the formal living room and family room. Romantic sunroom with sweeping ceilings. Elegant formal dining room opens to

    Christian Angle Christian Angle Real Estate

    Section Image
  • 210 Wells Rd, Palm Beach, FL 33480

    $25,500,000

    • 6 Beds
    • 8 Baths
    • 5,467 Sq Ft
    • 210 Wells Rd
    • Palm Beach, FL

    Beautifully reimagined 6BR/7.1BA estate situated on the South Side of Wells Road. Stunning renovation completed in 2024. The front entry opens to the breathtaking and serene courtyard with beautiful landscaping, covered dining loggia, and swimming pool. Soaring 15' ceilings in most rooms. Charming stone path leads to the welcoming entry foyer with marble slab flooring. Formal dining room with

    Christian Angle Christian Angle Real Estate

    Section Image
  • 157 Wells Rd, Palm Beach, FL 33480

    $18,950,000

    • 4 Beds
    • 5 Baths
    • 3,180 Sq Ft
    • 157 Wells Rd
    • Palm Beach, FL

    Rare estate sized lot on the Ocean Block of the renowned Wells Road. Oversized, 29,185 +/- square foot lot. Endless possibilities to restore this glamorous Regency Style Home or build your Palm Beach Dream Home. Structure still on property subject to demolition/teardown.

    Christian Angle Christian Angle Real Estate

    Section Image

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 Type Sale Price Title Company
Warranty Deed $41,712,000 Attorney
Warranty Deed $26,151,000 Attorney
Deed -- Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $14,500,000 New Conventional
Previous Owner $8,000,000 Construction
Previous Owner $1,000,000 Credit Line Revolving
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: 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 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1424

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