NOT LISTED FOR SALE

400 Caribbean Rd Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $5,624,000

9 Beds
9 Baths
8,599 Sq Ft
$654/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $16,465,000 $1,915 Per Sq Ft

Current estimated payment $35,324/month

290 Days on Market

Highlights

  • 170 Feet of Waterfront
  • Dock made with concrete
  • Home Theater
  • Palm Beach Public School Rated A-
  • Guest House
  • Pool and Spa

About This Home

As of October 2016

Florida Keys style Main House & Guest House located directly on the intracoastal (170’) with 2 docks, 3 lifts, and 1 deep water boat slip. Close to Palm Beach Inlet - No fixed bridges. Long views south & west. Spectacular, varied and mature vegetation, including large canopy trees and 2 Koi ponds. Pool. Generator. Truly one of a kind.

Last Agent to Sell the Property

SUZANNE FRISBIE

The Corcoran Group Listed on: 11/02/2015

Last Buyer's Agent

BETSEY HALL

THE FITE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158,785

Year Built

  • Built in 1970

Lot Details

  • 0.76 Acre Lot
  • 170 Feet of Waterfront
  • Lake Front
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Home has North and South Exposure
  • Irregular Lot
  • Sprinkler System
  • Property is zoned RA

Home Design

  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,599 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Home Theater
  • Library
  • Storage
  • Utility Room
  • Home Gym
  • Stone Flooring

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Partial Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Dock has access to water
  • Bulkhead
  • Dock made with concrete
  • Dock made with wood
  • Balcony
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Boca Raton Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234030000751

Home Details

Home Type

Single Family

Est. Annual Taxes

$158,785

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.76
  • Lot Size: 33,702 SF
  • Subdivision Name: Boca Raton Co
  • Above Grade Finished Sq Ft: 135294.12
  • Architectural Style: Two Story, Other Style
  • Garage Yn: Yes
  • Year Built: 1970
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 158784.52
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 8599.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 33,702 SF
  • Pool:Heated - Gas: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 33105
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass-Partial: Yes
  • Auto Garage Door Opener: Yes
  • Floors:StoneBrick: Yes
  • Dock:Wood: Yes
  • General Property Description:Waterfront Ftg: 170.0
  • Waterfront:Intracoastal-Direct: Yes
  • Waterfront:Lakefront: Yes
  • Lot Size:Irregular Lot: Yes
  • ACHeat:Units Air: Yes
  • Dock:Concrete: Yes
  • Dock:Water at Dock: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Flooring: Stone/Brick, Other Flooring
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Fireplace, Intercom, Sound System, Smoke Detectors, Storage, Wet Bar, Pantry
  • Living Area: 8599.0
  • Window Features: Impact Glass-Partial
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Intercom: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Irregular Lot
  • Pool Features: Pool, Fresh Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct, Lakefront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Seawall/Bulkhead, Sprinkler System, Guesthouse/Cottage
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking Features: 4 Car, Attached, Door Opener
  • Garage: Yes
  • Other Rooms:Garage Apartment: Yes
  • Garage:_four_ Car: Yes

Utilities

  • Security: Security System, Other Security
  • Heating: Central Air, Central Heat, Units Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 33105.0
  • Parcel #: 50434234030000751
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 158784.52
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2015
Closed on
Oct 24, 2016
Sold by
Heitzman Evan W and Whitesell Tracey E
Bought by
400 Caribbean Rd Llc
Seller's Agent
SUZANNE FRISBIE
The Corcoran Group
Buyer's Agent
BETSEY HALL
THE FITE GROUP
List Price
$16,465,000
Sold Price
$16,465,000
Current Estimated Value
$5,624,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,841,000
Avg. Annual Appreciation
-9.33%

Purchase Details

Listed on
Nov 2, 2015
Closed on
Oct 1, 2016
Bought by
400 Caribbean Rd Llc
Seller's Agent
SUZANNE FRISBIE
The Corcoran Group
Buyer's Agent
BETSEY HALL
THE FITE GROUP
List Price
$16,465,000
Sold Price
$16,465,000

Purchase Details

Closed on
May 16, 2006
Sold by
Maranda Marta and Marta Maranda Revocable Trust
Bought by
Heitzman Evan W

Purchase Details

Closed on
Aug 25, 1998
Sold by
Dominic A Visconsi Tr
Bought by
Heitzman Evan W
Source: Public Records

Range of Values:

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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
400 Caribbean Rd Llc $1,646,429 None Available
400 Caribbean Rd Llc $16,465,000 --
Heitzman Evan W $12,500,000 Attorney
Heitzman Evan W $3,400,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $16,465,000 0.0% $1,915 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $16,465,000 -- $1,915 / 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 $369,600 $18,037,229 -- --
2023 $295,443 $16,397,481 $0 $0
2022 $272,114 $14,906,801 $0 $0
2021 $231,960 $15,137,188 $13,494,832 $1,642,356
2020 $204,364 $12,319,670 $10,551,168 $1,768,502
2019 $214,289 $12,652,625 $10,908,000 $1,744,625
2018 $204,690 $12,487,965 $10,885,507 $1,602,458
2017 $219,016 $13,079,735 $11,458,428 $1,621,307
2016 $200,866 $10,355,731 $0 $0
2015 $169,830 $9,414,301 $0 $0
2014 $158,785 $8,558,455 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    SUZANNE FRISBIE

    The Corcoran Group

  • B

    Buyer's Agent in 2016

    BETSEY HALL

    THE FITE GROUP

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-2304

APN: 50-43-42-34-03-000-0751

Florida Palm Beach County Palm Beach 33480 North End

400 Caribbean Rd, Palm Beach, FL

This home is located at 400 Caribbean Rd, Palm Beach, FL 33480 since 02 November 2015 and is currently estimated at $5,624,000, approximately $654 per square foot. This property was built in 1970. 400 Caribbean Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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