RENTED MAY 29, 2025

Estimated Value: $7,588,000 - $11,611,652

4 Beds
5 Baths
3,246 Sq Ft
$2,705/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $2,950,000 $909 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $50,049/month

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Lanai

About This Home

As of May 2025

Rented annually for $20,000 per month. Come enjoy this rare Key West style home located at the very north of Palm Beach. The home was originally designed by Maurice Fatio - one of the top architects of PB's early days. It has been renovated and includes new furniture and appliances. If your looking for a charming island style home to unwind and enjoy your Palm Beach stay - this is it!

Last Agent to Rent the Property

Stephen Hall

Compass Florida, LLC License #3094127 Listed on: 07/01/2024

Compass Florida, LLC

Last Renter's Agent

BEN STEIN

THE FITE GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • South Facing Home
  • Back Yard Fenced
  • Sprinkler System

Interior Spaces

  • 3,246 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Garage Apartment

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • No Utilities

Listing and Financial Details

  • Security Deposit $50,000
  • Seasonal Lease Term
  • Assessor Parcel Number 50434234030000660

Community Details

Overview

  • Front Yard Maintenance
  • Boca Ratone Co Inlet Sub Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Pool Services

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Boca Ratone Co Inlet Sub
  • Directions: Very north end of the island - take either North Lake Way or North Ocean Blvd to Arabian Road and turn left / west. House is on the north side of the road.
  • Architectural Style: Other Style
  • Building Name: N/A
  • Year Built: 1939
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 3246.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 1
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Contract Information:Deposit Amount: 50000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Pets w/Restrictions
  • Utilities Included:None Included: Yes
  • ACHeat:Multi Zone Air: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Services Included:Pool Services: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Storage
  • Living Area: 3246.0
  • Window Features: Wndw Trmnts Included
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Smoke Alarms2: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Exterior Features: Balcony, Fence-Back Wall, Ocean Access-No Deed, Storm Shutters, Sprinkler System
  • Patio And Porch Features: Patio/Lanai
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Other Rooms:Garage Apartment: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Smoke Alarms, Other Security
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Amenities: Pool Services, Yard Services

Lot Info

  • Parcel #: 50434234030000660

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Mar 18, 2020
Sold by
Holland Thomas and Holland Kathleen
Bought by
Sunshine Properties Palm Beach Llc
Seller's Agent
JANE SCOTT
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Steven Hall
United Realty Group Inc.
List Price
$3,495,000
Sold Price
$2,950,000
Premium/Discount to List
-$545,000
-15.59%
Current Estimated Value
$8,549,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,599,556
Avg. Annual Appreciation
21.01%

Purchase Details

Closed on
Feb 25, 2019
Sold by
Holland Thomas L and Caldwell Manley P
Bought by
Holland Thomas and Holland Kathleen

Purchase Details

Closed on
Apr 14, 1994
Sold by
Gallagher Diana and Townsend Peter R
Bought by
Caldwell Manley P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.47%
Source: Public Records
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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
Sunshine Properties Palm Beach Llc $295,000 Attorney
Holland Thomas -- Attorney
Caldwell Manley P $690,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caldwell Manley P $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2025 05/29/25 Rented $20,000 -60.0% --
07/01/2024 07/01/24 For Rent $50,000 0.0% --
05/08/2020 05/08/20 Sold $2,950,000 -15.6% $909 / Sq Ft View Prior Sale
04/08/2020 04/08/20 Pending -- -- --
07/09/2018 07/09/18 For Sale $3,495,000 0.0% $1,077 / Sq Ft
04/09/2012 04/09/12 Rented $90,000 0.0% --
03/10/2012 03/10/12 Under Contract -- -- --
01/11/2012 01/11/12 For Rent $90,000 -- --
Source: Palm Beach Board of REALTORS®

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
2025 $67,313 $4,044,571 -- --
2024 $67,313 $3,676,883 -- --
2023 $59,838 $3,342,621 $4,204,116 $499,534
2022 $52,785 $3,038,746 $0 $0
2021 $45,753 $2,762,496 $2,112,912 $649,584
2020 $44,469 $2,640,511 $1,963,368 $677,143
2019 $43,992 $2,557,233 $1,784,880 $772,353
2018 $41,399 $2,541,847 $1,784,880 $756,967
2017 $37,917 $2,221,987 $1,754,875 $467,112
2016 $37,432 $2,123,510 $0 $0
2015 $35,269 $1,930,464 $0 $0
2014 $32,020 $1,754,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1019

APN: 50-43-42-34-03-000-0660