$3,000,000
SOLD DEC 15, 2020

360 Seaspray Ave Palm Beach, FL 33480

3 Beds
5 Baths
2,940 Sq Ft
6,373 Sq Ft Lot

Recently Sold

$1,020 Per Sq Ft

1,616 Days on Market

Highlights

  • Cabana
  • Waterfront
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Colonial Architecture
  • Lanai

About This Home

As of May 2021

3 BR 4.5 BA HOME plus attached cabana with Full Bath. One car garage. Pool and patio.
Hurricane Impact Windows. New Electrical, plumbing and sewer. New roof. The home was taken down to the studs with new sub flooring, oak hardwood floors, Brazilian Walnut balcony deck. Hardie cement composite lap siding, resists cracking, splitting, rotting and swelling. Two New A/C units. Wired for High Speed technology. Tankless water system. Large Master suite with soaring ceilings, his and hers marble baths. Large closet space. Gourmet kitchen with quartz countertops, Sub-Zero refrigerator/freezer, Wolf range and microwave. Bosch dishwasher. Gas fireplace in living room. Private Beach access and direct access to bike path along the Intracoastal Waterway. Dressing room and multiple closets. Guest bedrooms, both with baths en suite, closets galore and French doors opening onto a classic connecting cantilevered balcony, with original wrought iron railing. Lap siding is Hardie cement composite. Pool, patio area, one car garage and motor court complete this very special home.

Last Agent to Sell the Property

Lore Smith

Sotheby's International Realty, Inc. License #471429 Listed on: 06/02/2016

Sotheby's International Realty, Inc.

Last Buyer's Agent

Keith Vanderlaan

Sotheby's International Realty, Inc. License #SL-3398272

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,836

Year Built

  • Built in 1937

Lot Details

  • 6,373 Sq Ft Lot
  • Waterfront
  • Home has sun exposure from multiple directions
  • Back Yard Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned RB

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Asphalt Roof

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Library

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Poinciana Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434322070003550

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,836

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 122.5
  • Subdivision Name: Poinciana Park
  • Directions: Royal Park Bridge East, left a light, 2 blocks North, house on SE Corner of Seaspray and Cocoanut Row.
  • Architectural Style: Colonial, Two Story
  • Year Built: 1937
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 14836.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 2940.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • General Property Description:Lot Dim (1): 122.5
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 6373
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass: Yes
  • Exposure:West: Yes
  • Lot Size:Corner Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Gas, Oven-Single, Microwave
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble, Tile, W/W Carpeting
  • Interior Amenities: Ceiling Fan, Fireplace, Smoke Detectors
  • Living Area: 2940.0
  • Window Features: Impact Glass
  • Other Rooms:Dining Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF, Corner Lot
  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Other Construction
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Fence-Back Wall, Sprinkler System, Impact Windows
  • Roof: Asphalt
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Frame: Yes
  • Construction:Other Construction: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking Features: 1 Car, Attached
  • Garage:_one_ Car: Yes
  • Garage: Yes

Utilities

  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 6373.0
  • Parcel #: 50434322070003550
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 14836.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 19, 2021
Sold by
Subtropix Llc
Bought by
Besikof Justin and Besikof Meira
Seller's Agent
Keith Vanderlaan
Sotheby's International Realty, Inc.
Buyer's Agent
Lore Smith
Sotheby's International Realty, Inc.
List Price
$3,857,500
Sold Price
$3,857,500
Current Estimated Value
$9,106,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,248,872
Avg. Annual Appreciation
22.28%
Original Mortgage
$3,000,000
Outstanding Balance
$2,722,035
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$6,384,337

Purchase Details

Listed on
Dec 22, 2020
Closed on
Dec 14, 2020
Sold by
Turner Mary Frances
Bought by
Subtropix Llc
Seller's Agent
Lore Smith
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Lore Smith
Sotheby's Intl. Realty, Inc.
Sold Price
$18,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.44%
Original Mortgage
$2,000,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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 $3,857,500 Attorney
Warranty Deed $3,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $2,000,000 Future Advance Clause Open End Mortgage
Previous Owner $2,000,000 Commercial
Previous Owner $150,000 Credit Line Revolving
Previous Owner $600,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $3,857,500 0.0% $1,312 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $3,857,500 0.0% $1,312 / Sq Ft
12/22/2020 12/22/20 For Rent $18,000 0.0% --
12/22/2020 12/22/20 Rented $18,000 0.0% --
12/15/2020 12/15/20 Sold $3,000,000 0.0% $1,020 / Sq Ft
12/15/2020 12/15/20 Sold $3,000,000 -12.4% $1,020 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
11/04/2020 11/04/20 Pending -- -- --
08/26/2016 08/26/16 For Sale $3,425,000 +14.2% $1,165 / Sq Ft
06/02/2016 06/02/16 For Sale $3,000,000 -- $1,020 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $71,628 $4,698,454 -- --
2023 $64,992 $4,271,322 $2,514,769 $1,756,553
2022 $61,498 $3,913,059 $0 $0
2021 $42,310 $2,550,295 $1,508,963 $1,041,332
2020 $14,765 $878,996 $0 $0
2019 $41,340 $2,399,780 $1,539,000 $860,780
2018 $41,836 $2,510,388 $1,657,860 $852,528
2017 $13,998 $825,870 $0 $0
2016 $26,010 $1,502,340 $0 $0
2015 $13,852 $803,260 $0 $0
2014 $13,918 $796,885 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-1286

APN: 50-43-43-22-07-000-3550