$7,694,000 - $10,685,934
RENTED NOV 1, 2024

358 Hibiscus Ave Palm Beach, FL 33480

3 Beds
3.5 Baths
2,999 Sq Ft
$2,923 Price per Sq Ft

Last Sold March 06, 2017

Last sale price $3,337,500 $1,113 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $54,318/month

Highlights

  • Private Pool
  • Wood Flooring
  • Den
  • Palm Beach Public School Rated A-
  • Pool View
  • Balcony

About This Home

As of November 2024

Spacious 3 bedroom, 3.5 bath Palm Beach home with fantastic in-town location. This stunning home features Mahogany impact windows, Sapele wood floors, Haifa stone in the bathrooms and a Cypress foyer ceiling. Includes a private elevator, pool, gourmet kitchen, soaring ceilings, 2-car garage and a lush landscape. Bask in the beautiful Palm Beach weather from the open patio or enjoy evenings in your private pool. Also available as Unfurnished Seasonal Lease for $45,000 per month.

Last Agent to Rent the Property

Tony Angiuli

Shore Group Realty Inc. License #3267686 Listed on: 08/26/2024

Last Renter's Agent

Cara McClure

Douglas Elliman License #3177951

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,876

Year Built

  • Built in 2013

Lot Details

  • 5,489

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,999 Sq Ft Home
  • Elevator
  • Fireplace
  • Entrance Foyer
  • Den
  • Pool Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Royal Park Subdivision

Listing and Financial Details

  • Property Available on 9/1/24
  • Assessor Parcel Number 50434323050060251

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,876

Year Built

Built in 2013

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2024-09-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East on Okeechobee Blvd over bridge into Palm Beach Island, right on Hibiscus Avenue.
  • Year Built: 2013
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Dual Sinks, Entrance Foyer, Elevator, Fireplace, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2999.0
  • Dining Room Type: Den

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: No

Lot Info

  • Parcel #: 50434323050060251
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Mar 6, 2017
Sold by
Hibiscus Avenue Llc
Bought by
172 Audubon Corp
Seller's Agent
TONY ANGIULI
Q PROPERTIES
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc. - Palm Beach
Sold Price
$15,000
Current Estimated Value
$8,765,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,750,734
Avg. Annual Appreciation
12.14%

Purchase Details

Closed on
Jan 19, 2011
Sold by
Hovsepian Suren
Bought by
Hibiscus Avenue Llc

Purchase Details

Closed on
Nov 16, 2009
Sold by
Cioc Ioana E and Cioc Benac Doina E
Bought by
Hovsepian Suren

Purchase Details

Closed on
May 21, 2009
Sold by
Cioc Ioana and Cioc Benac Doina
Bought by
Cioc Ioana

Purchase Details

Closed on
Feb 28, 1997
Sold by
Cioc-Benac Doina E
Bought by
Cioc Ioana E and Cioc Erica

Purchase Details

Closed on
Oct 19, 1994
Sold by
Lampert Donna Lee
Bought by
Cioc Erica and Cioc Ioana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
8.78%

Purchase Details

Closed on
Oct 14, 1994
Sold by
Harris Tr Co Fl
Bought by
Cioc Erica and Cioc Ioana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
8.78%
Source: Public Records

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 Buyer Sale Price Title Company
172 Audubon Corp $337,500 Crystal Title & Escrow Co In
Hibiscus Avenue Llc $1,265,000 Attorney
Hovsepian Suren $1,000,000 Attorney
Cioc Ioana -- Attorney
Cioc Ioana E $100 --
Cioc Erica $145,000 --
Cioc Erica $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cioc Erica $232,000
Previous Owner Cioc Erica $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $29,500 0.0% --
10/29/2024 10/29/24 Under Contract -- -- --
08/26/2024 08/26/24 For Rent $29,500 +84.4% --
09/01/2018 09/01/18 Rented $16,000 -11.1% --
08/02/2018 08/02/18 Under Contract -- -- --
05/01/2018 05/01/18 For Rent $18,000 +20.0% --
03/13/2017 03/13/17 Rented $15,000 0.0% --
03/13/2017 03/13/17 For Rent $15,000 0.0% --
03/06/2017 03/06/17 Sold $3,337,500 0.0% $1,109 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
12/22/2015 12/22/15 For Sale $3,337,500 -- $1,109 / 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 $70,876 $3,668,559 -- --
2023 $64,260 $3,335,054 $0 $0
2022 $55,639 $3,031,867 $0 $0
2021 $45,652 $2,756,243 $1,833,750 $922,493
2020 $46,291 $2,750,984 $1,890,000 $860,984
2019 $43,195 $2,509,885 $1,710,000 $799,885
2018 $43,000 $2,581,842 $1,760,000 $821,842
2017 $30,602 $1,782,857 $1,255,954 $526,903
2016 $30,406 $1,757,919 $0 $0
2015 $28,924 $1,605,003 $0 $0
2014 $26,564 $1,463,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: BeachesMLS

MLS Number: R11015450

BeachesMLS

APN: 50-43-43-23-05-006-0251