$7,000,000
SOLD DEC 14, 2023

350 Seabreeze Ave Palm Beach, FL 33480

0.21 Acre
$33,333,333 Price per Acre
9,188 Sq Ft Lot

Recently Sold

$2,238 Per Sq Ft

15% Below List Price

131 Days on Market

About This Lot

As of December 2023

First time on the market...Built in 1982 by the original owners of this beloved family home. Four Bedroom, plus a large sitting room/office off the master bedroom, 3.5 Bath, 3,946 sq. ft.. This South Exposure home situated on a 75 x 122.5 sq. ft. lot is solidly built and a prime candidate for a renovation. Large pool, and oversized Garage with motor court. Perfectly located close to schools, the rec center, the Four Arts, the Bike Trail and a short walk to the Flagler Museum, and The Royal Shops and Restaurants. Renovate or Build your Dream Home.

Last Agent to Sell the Property

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 02/21/2023

Last Buyer's Agent

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 02/21/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,708

Lot Details

  • 9,188 Sq Ft Lot
  • Lot Dimensions are 75x122.5
  • Site Plan Filed
  • Property is zoned R-B SFR

Location

  • City Lot

Community Details

  • Poinciana Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322060000610

Property Details

Property Type

Land

Est. Annual Taxes

$13,708

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot
  • Waterfront: No

Lot Info

  • Parcel #: 50434322060000610
  • Development Status: Site Plan Filed
  • Lot Size: 75x122.5
  • Lot Size Sq Ft: 9188.0
  • Zoning Description: R-B SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13708.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Dec 14, 2023
Sold by
Goodman Judith B
Bought by
Besikof Justin and Besikof Meira
Seller's Agent
Linda R Olsson
Linda R. Olsson, Inc.
Buyer's Agent
Linda R Olsson
Linda R. Olsson, Inc.
List Price
$8,195,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,195,000
-14.58%
Views
204
Current Estimated Value
$8,648,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,648,370
Avg. Annual Appreciation
10.12%
Original Mortgage
$7,250,000
Outstanding Balance
$7,127,402
Interest Rate
5.88%
Mortgage Type
Construction
Estimated Equity
$1,063,140
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 Type Sale Price Title Company
Warranty Deed $7,000,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,250,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Rented $52,500 +250.0% --
02/08/2024 02/08/24 Price Changed $15,000 -16.7% $5 / Sq Ft
01/29/2024 01/29/24 Price Changed $18,000 -10.0% $6 / Sq Ft
01/03/2024 01/03/24 Price Changed $20,000 0.0% $6 / Sq Ft
12/14/2023 12/14/23 Sold $7,000,000 0.0% $2,238 / Sq Ft
12/14/2023 12/14/23 For Rent $15,000 0.0% --
07/03/2023 07/03/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $7,695,000 -6.1% $2,460 / Sq Ft
02/21/2023 02/21/23 For Sale $8,195,000 -- $2,620 / 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 $90,861 $6,046,815 -- --
2023 $13,708 $894,485 $0 $0
2022 $13,709 $868,432 $0 $0
2021 $13,972 $843,138 $0 $0
2020 $13,982 $831,497 $0 $0
2019 $13,945 $812,803 $0 $0
2018 $13,273 $797,648 $0 $0
2017 $13,255 $781,242 $0 $0
2016 $12,648 $765,173 $0 $0
2015 $13,075 $759,854 $0 $0
2014 $13,136 $753,823 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10867828

BeachesMLS

APN: 50-43-43-22-06-000-0610