320 Island Rd Palm Beach, FL 33480
5
Beds
8
Baths
7,526
Sq Ft
0.61
Acres
Highlights
- Property fronts an intracoastal waterway
- Private Pool
- Den
- Palm Beach Public School Rated A-
- Sun or Florida Room
- Formal Dining Room
About This Home
As of May 2021Authentic 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
Sotheby's Intl. Realty, Inc. License #392210 Listed on: 11/01/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $245,089
Year Built
- Built in 2014
Lot Details
- 0.61 Acre Lot
- 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
- 5 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
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
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
Similar Homes in Palm Beach, FL
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
Average Home Value in this Area
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: BeachesMLS
Tax History Compared to Growth
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
-
Suzanne Frisbie
S
Seller's Agent in 2021
Suzanne Frisbie
The Corcoran Group
(215) 353-8636
110 Total Sales
-
Cris Condon
C
Seller's Agent in 2021
Cris Condon
Sotheby's International Realty, Inc.
(561) 301-2211
16 Total Sales
-
Dana Koch
Buyer's Agent in 2021
Dana Koch
The Corcoran Group
(561) 379-7718
229 Total Sales
-
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.
Map
Source: BeachesMLS
MLS Number: R10574531
APN: 50-43-43-27-04-000-0010
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