NOT LISTED FOR SALE

3310 Palm Beach Point Blvd Wellington, FL 33414

Estimated Value: $4,282,000 - $9,871,000

2 Beds
3 Baths
1,152 Sq Ft
$6,295/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $5,150,000 $4,470 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $54,795/month

Highlights

  • Barn
  • Stables
  • Gated with Attendant
  • Polo Park Middle School Rated A-
  • Horses Allowed in Community
  • Waterfront

About This Home

As of November 2022

An incredible equestrian estate in a beautiful setting offers everything you could want for your horses, and more! Just a short hack to the showgrounds, this 16 plus acre property boasts a 12-stall CBS center aisle barn, a fantastic 2 bedroom, 2 bathroom staff apartment, rider's lounge/office, full bath, and laundry room. The facility has 4 grassy paddocks, 2 sand arenas, and the 2nd world-class Wordley Martin arena available for use on the adjacent property. The very best part of this seasonal rental is the one-of-a-kind grass derby field and track in the 10-acre horse park, affectionately called the ''Welly Horse Park'' directly across the street.

Last Agent to Rent the Property

Robert Ross

KW Reserve Palm Beach License #3210971 Listed on: 05/16/2022

KW Reserve Palm Beach

Co-Listed By

Andrea Knox

KW Reserve Palm Beach License #3245871

Last Renter's Agent

Tawny Wolf

Engel & Volkers Wellington License #3305238

Engel & Volkers Wellington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $175,532

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Fenced

Parking

  • 3 Car Garage

Interior Spaces

  • 1,152 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceramic Tile Flooring
  • Garden Views
  • Security Gate

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Barn
  • Stables

Listing and Financial Details

  • Property Available on 11/1/22
  • Assessor Parcel Number 73414419010040150

Community Details

Recreation

  • Horses Allowed in Community

Additional Features

  • Palm Beach Point Subdivision
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$175,532

Year Built

Built in 1999

Lot Details

0

Parking

3

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2022-11-01

Listing Details

  • Prop. Type: Residential Lease
  • Directions: Enter the gated Palm Beach Point and the property is on the left
  • Year Built: 1999
  • Entry Level: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Closet Cabinetry, Dual Sinks, Jetted Tub, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1152.0
  • Dining Room Type: Laundry

Exterior Features

  • Exterior Features: Fence
  • View: Garden
  • Pool Features: None
  • Waterfront: Yes
  • Other Structures: Barn(s), Stable(s)

Garage/Parking

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

Utilities

  • Security: Security Gate, Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73414419010040150
  • Horse Amenities: Horses Allowed
  • Lot Size: 10 to <25 Acres,Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2017
Sold by
Dimino Frank
Bought by
Stonewood Farm Llc
Current Estimated Value
$7,252,060

Purchase Details

Closed on
Jan 10, 2014
Sold by
Karimi Rahman and Karimi Rebecca Jeanne
Bought by
Diminio Frank and The Frank Dimino Revocable Living Trust

Purchase Details

Closed on
Mar 18, 1997
Sold by
Dbg 96 Inc
Bought by
Karimi Rahman
Source: Public Records

Range of Values:

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Average Value
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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
Stonewood Farm Llc $5,000,000 Attorney
Diminio Frank $1,799,900 Attorney
Karimi Rahman $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karimi Rahman $150,000
Previous Owner Karimi Rahman $316,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Rented $40,000 -92.0% --
05/16/2022 05/16/22 For Rent $500,000 +150.0% --
11/07/2020 11/07/20 Rented $200,000 -42.9% --
10/08/2020 10/08/20 Under Contract -- -- --
08/25/2020 08/25/20 For Rent $350,000 0.0% --
04/10/2015 04/10/15 Sold $5,150,000 -3.7% $1,014 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $5,350,000 -- $1,053 / 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 $175,532 $9,102,184 -- --
2023 $166,549 $8,563,215 $2,627,580 $5,935,635
2022 $167,147 $7,929,405 $0 $0
2021 $146,947 $7,207,413 $1,675,134 $5,532,279
2020 $138,158 $6,989,626 $0 $0
2019 $130,526 $6,326,825 $0 $0
2018 $53,698 $2,625,574 $1,278,000 $1,347,574
2017 $39,920 $1,944,436 $0 $0
2016 $37,649 $1,802,505 $0 $0
2015 $38,493 $1,789,975 $0 $0
2014 $16,098 $717,914 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10800431

BeachesMLS

APN: 73-41-44-19-01-004-0150