NOT LISTED FOR SALE

401 Datura St West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $9,506,814

1.31 Acres
$7,257,110 Price per Acre
57,064 Sq Ft Lot

Last Sold July 10, 2013

Last sale price $3,500,000 $61 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $69,720/month

1,078 Days on Market

About This Lot

As of July 2013

This home is located at 401 Datura St, West Palm Beach, FL 33401 since 30 April 2010 and is currently priced at $9,506,814, approximately $166 per square foot. This property was built in 2023. 401 Datura St is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High School.

Last Agent to Sell the Property

Christine Stiphany

BHHS EWM Realty License #0645863 Listed on: 04/30/2010

BHHS EWM Realty

Last Buyer's Agent

David Spitz

MMLS Assoc.-Inactive Member License #3230056

Property Details

Property Type

  • Land

Year Built

  • 2023

Lot Details

  • 1.31 Acre Lot
  • Lot Dimensions are 400x142
  • Property is zoned CCI

Listing and Financial Details

  • Assessor Parcel Number 74434321010170070

Community Details

Overview

  • No Home Owners Association
  • Town Of West Palm Beach Condos
  • Town Of West Palm Beach Subdivision

Building Details

  • New Taxes Expense $113,294

Property Details

Property Type

Land

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Corporation
  • Horses: No
  • Lot Size Acres: 1.31
  • Lot Size: 400x142
  • New Construction: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Structure Type: Other
  • Subdivision Name: TOWN OF WEST PALM BEACH
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Possible Use: Unknown/Withheld, Other Plan Use

Exterior Features

  • Lot Features: Urban Area Development, 1-2.5 Acres, No Bldg Included
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN OF WEST PALM BEACH

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 74434321010170070
  • Additional Parcels: No
  • Current Use: Unimproved Hotel/Motel
  • Lot Size Sq Ft: 57200
  • Zoning: CCI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2009
  • New Taxes Expense: 113294
  • Tax Annual Amount: 154593

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
The Ivy At Clematis Llc
Bought by
Shp Vi Datura West Palm Owner Llc
Total Days on Market
1078
Current Estimated Value
$9,506,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500,000
Outstanding Balance
$43,556,864
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2014
Sold by
City Of West Palm Beach F
Bought by
Datura & Olive Residences Llc

Purchase Details

Listed on
Apr 30, 2010
Closed on
Jul 8, 2013
Sold by
Dida Investors Llc
Bought by
The Ivy At Clematis Llc
Seller's Agent
Christine Stiphany
BHHS EWM Realty
Buyer's Agent
David Spitz
MMLS Assoc.-Inactive Member
List Price
$11,500,000
Sold Price
$3,500,000
Premium/Discount to List
-$8,000,000
-69.57%

Purchase Details

Closed on
Mar 30, 2010
Sold by
Continental Mutual Mortgage Corporation
Bought by
Dida Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,138
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2008
Sold by
Dida Llc and Danan Patrick
Bought by
Continental Mutual Mortgage Corp

Purchase Details

Closed on
Jan 17, 2006
Sold by
City Of West Palm Beach Florida
Bought by
Datura & Olive Residences Llc

Purchase Details

Closed on
Nov 15, 2005
Sold by
International Housing Development Group
Bought by
Dida Llc

Purchase Details

Closed on
Jun 15, 2005
Sold by
Criv Pbc Lp
Bought by
International Housing Development Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500,000
Interest Rate
5.66%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 13, 2004
Sold by
City Of West Palm Beach
Bought by
Criv Pbc Lp
Source: Public Records

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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
Shp Vi Datura West Palm Owner Llc $9,500,000 Attorney
Datura & Olive Residences Llc -- Attorney
The Ivy At Clematis Llc $3,500,000 Attorney
Dida Investors Llc -- Attorney
Continental Mutual Mortgage Corp -- None Available
Datura & Olive Residences Llc -- Home Title America Inc
Dida Llc -- --
International Housing Development Group $9,000,000 --
Criv Pbc Lp $3,010,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shp Vi Datura West Palm Owner Llc $48,500,000
Previous Owner The Ivy At Clematis Llc $6,400,000
Previous Owner Dida Investors Llc $292,138
Previous Owner International Housing Development Group $10,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2013 07/10/13 Sold $3,500,000 -69.6% $61 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/28/2010 04/28/10 For Sale $11,500,000 -- $201 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $198,086 $47,311,028 -- --
2023 $198,086 $9,147,570 $9,185,400 $71,834
2022 $186,760 $8,315,973 $0 $0
2021 $172,006 $7,559,975 $7,500,000 $59,975
2020 $89,107 $3,877,506 $3,815,532 $61,974
2019 $89,440 $3,697,813 $3,633,840 $63,973
2018 $81,419 $3,594,944 $3,528,000 $66,944
2017 $78,679 $3,426,801 $3,360,000 $66,801
2016 $76,104 $3,247,230 $0 $0
2015 $72,720 $3,009,597 $0 $0
2014 $66,448 $2,735,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Stiphany

    Seller's Agent in 2013

    Christine Stiphany

    BHHS EWM Realty

    (305) 903-8845

    90 Total Sales

    Christine Stiphany
    Section Image

  • D

    Buyer's Agent in 2013

    David Spitz

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: M1387164

MIAMI REALTORS® MLS

APN: 74-43-43-21-01-017-0070

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

401 Datura St, West Palm Beach, FL

This home is located at 401 Datura St, West Palm Beach, FL 33401 since 30 April 2010 and is currently priced at $9,506,814, approximately $166 per square foot. This property was built in 2023. 401 Datura St is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Conniston Middle School, and Forest Hill Community High School.

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