NOT LISTED FOR SALE

Estimated Value: $231,000 - $1,117,000

2.11 Acres
$258,451 Price per Acre
91,912 Sq Ft Lot

Last Sold July 22, 2024

Last sale price $1,100,000 $622 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $3,832/month

258 Days on Market

About This Lot

As of July 2024

Discover Paradise in Palm Springs, Florida!Nestled amidst the picturesque landscapes of Palm Springs, Florida, this 2.11-acre land site presents a golden opportunity for those seeking a piece of paradise in the Sunshine State. With its prime location and approved plans for 12 single-family homes, this property offers the ideal canvas for creating your dream oasis.Key Features:🌴 2.11 acres of prime real estate in Palm Springs, Florida.🏡 Approved for the construction of 12 single-family homes.🏫 Close proximity to schools, making it a great choice for families.🛍️ Convenient access to shopping, dining, and entertainment options.🚗 Easy commuting with major transportation routes nearby.🌞 The perfect foundation for your vi

Last Agent to Sell the Property

Ahmed Abdeldayem

KW Innovations License #3309101 Listed on: 09/21/2023

KW Innovations

Last Buyer's Agent

Ahmed Abdeldayem

KW Innovations License #3309101 Listed on: 09/21/2023

KW Innovations

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,187

Lot Details

  • 2.11 Acre Lot
  • Property fronts a county road
  • Property is zoned RM(cit

Location

  • City Lot

Community Details

  • Lakewood Gardens Pl 1 In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70434419110040223

Property Details

Property Type

Land

Est. Annual Taxes

$9,187

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Directions: Lakewood and Military. Then take Military about a mile east until coconut road.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot
  • Road Frontage Type: County Road
  • Waterfront: No

Lot Info

  • Parcel #: 70434419110040223
  • Lot Size: 2 to < 3 Acres
  • Lot Size Sq Ft: 91912.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9187.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Jul 22, 2024
Sold by
Blp Homes Llc
Bought by
Brandx Llc
Seller's Agent
Ahmed Abdeldayem
KW Innovations
Buyer's Agent
Ahmed Abdeldayem
KW Innovations
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
87
Current Estimated Value
$552,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$547,667
Avg. Annual Appreciation
-48.10%
Original Mortgage
$800,000
Outstanding Balance
$791,795
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$246,462

Purchase Details

Closed on
Mar 31, 2021
Sold by
Creative Financing Llc
Bought by
Blp Homes Llc

Purchase Details

Closed on
Sep 26, 2018
Sold by
Eilat Inc
Bought by
Creative Funding Llc

Purchase Details

Closed on
Feb 2, 2017
Sold by
Jaffa Inc
Bought by
Eilat Inc

Purchase Details

Closed on
May 31, 2016
Sold by
2016 By E Street Inc
Bought by
Jaffa Inc

Purchase Details

Closed on
Mar 1, 2016
Bought by
Eilat Inc
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 Buyer Sale Price Title Company
Brandx Llc $1,100,000 Florida Fidelity Title & Escro
Blp Homes Llc $480,000 Pegasus Title Services Llc
Blp Homes Llc $480,000 Pegasus Title Services
Creative Funding Llc $350,000 First American Title Insuran
Eilat Inc -- Attorney
Jaffa Inc -- None Available
Eilat Inc $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandx Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $1,100,000 -8.3% $622 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
09/21/2023 09/21/23 For Sale $1,200,000 -- $678 / 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 $9,873 $60,000 -- --
2023 $9,873 $493,871 $0 $0
2022 $9,187 $448,974 $0 $0
2021 $6,321 $297,510 $297,510 $0
2020 $7,500 $386,763 $386,763 $0
2019 $6,571 $303,460 $303,460 $0
2018 $6,288 $297,764 $297,764 $0
2017 $4,809 $205,355 $205,355 $0
2016 $6,234 $263,427 $0 $0
2015 $2,029 $111,719 $0 $0
2014 $2,028 $110,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10921289

BeachesMLS

APN: 70-43-44-19-11-004-0223