NOT LISTED FOR SALE

417 Peruvian Ave Unit 3 Palm Beach, FL 33480

Estimated Value: $4,110,000 - $6,205,000

1 Bed
1 Bath
988 Sq Ft
$5,180/Sq Ft Est. Value

Highlights

  • Bermuda Architecture
  • Wood Flooring
  • Fireplace
  • Palm Beach Public School Rated A-
  • Lanai
  • Patio

About This Home

As of November 2023

No more perfect Palm Beach experience than a stay on Major Alley.
One of only six homes in a landmarked ''alley'' built in Palm Beach's golden age, among the finest work of architect Howard Major. This unit is the second in from Peruvian Avenue, one bedroom, a paneled living room with soaring ceilings, full bath plus a powder room- and a 900 sqft outdoor walled terrace and gardens.
One street north of Worth Avenue restaurants and shopping. Lake Trail and Town Docks just steps away.
An intimate setting that's simply overflowing with charm.

Available for seasonal lease.

Last Agent to Rent the Property

Lisa Cregan

Sotheby's International Realty, Inc. License #SL-3389810 Listed on: 10/17/2023

Sotheby's International Realty, Inc.

Co-Listed By

John Cregan

Sotheby's International Realty, Inc. License #3439962

Last Renter's Agent

Jessica Robertson

Coldwell Banker Realty License #SL-3380524

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,647

Year Built

  • Built in 1925

Lot Details

  • Home has East and West Exposure
  • Back Yard Fenced

Home Design

  • Bermuda Architecture

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Window Treatments
  • Pest Guard System

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • No Garage
  • Open Parking

Outdoor Features

  • Patio
  • Lanai

Additional Features

  • Non-Toxic Pest Control
  • Central Heating and Cooling System

Community Details

  • Front Yard Maintenance
  • Royal Park Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Security Deposit $24,000
  • Rent includes sewer
  • Seasonal Lease Term
  • Assessor Parcel Number 50434323050120232

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,647

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Royal Park
  • Directions: From middle bridge at Royal Palm Way, take 1st right onto S Lake Way, then left on Peruvian Ave. Major Alley will be on your left.
  • Architectural Style: Bermuda
  • Building Name: N/A
  • Garage Yn: Yes
  • Year Built: 1925
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 988.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 6
  • General Property Description:_pound_ Floors: 1.0
  • Exposure of Unit:East2: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 24000.0
  • Style:Bermuda: Yes
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Pets w/Restrictions
  • Exposure of Unit:West2: Yes
  • Utilities Included:Sewer3: Yes
  • Services Included:Pest Control2: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • Lease Type:Seasonal: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Tile
  • Interior Amenities: Fireplace, Wndw Trmnts Included
  • Living Area: 988.0
  • Stories: 1
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Patio/Lanai, Fence-Back Wall
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Sewer
  • Amenities: Pest Control, Trash Removal, Yard Services

Lot Info

  • Parcel #: 50434323050120232

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Oct 3, 2023
Sold by
Cathedral Estates Ltd
Bought by
Four Tulips Pb Llc
Seller's Agent
Lisa Cregan
Sotheby's International Realty, Inc.
Buyer's Agent
Jessica Robertson
Coldwell Banker Realty
Sold Price
$18,000
Views
23
Current Estimated Value
$5,118,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,100,105
Original Mortgage
$700,000
Outstanding Balance
$686,235
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$4,431,870

Purchase Details

Closed on
Aug 21, 2023
Sold by
Cathedral Estates Ltd
Bought by
Four Tulips Pb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$686,235
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$4,431,870

Purchase Details

Closed on
Mar 24, 2010
Sold by
Findlay Katherine D W
Bought by
Cathedral Estates Ltd

Purchase Details

Closed on
Jan 20, 1999
Sold by
Pr Diane Paty
Bought by
Findlay Katherine D
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
Four Tulips Pb Llc -- Boston National Title Agency
Four Tulips Pb Llc -- Boston National Title Agency
Four Tulips Pb Llc -- None Listed On Document
Cathedral Estates Ltd $1,255,000 Attorney
Findlay Katherine D $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Four Tulips Pb Llc $700,000
Closed Four Tulips Pb Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Rented $18,000 -25.0% --
10/17/2023 10/17/23 For Rent $24,000 -- --
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 $25,647 $1,669,974 -- --
2023 $30,989 $1,452,377 $1,519,936 $1,110,527
2022 $28,131 $1,320,343 $0 $0
2021 $22,916 $1,454,948 $816,450 $638,498
2020 $19,818 $1,091,193 $840,000 $251,193
2019 $18,708 $1,001,980 $760,000 $241,980
2018 $18,537 $1,031,455 $828,930 $202,525
2017 $17,693 $956,086 $753,573 $202,513
2016 $16,857 $890,772 $0 $0
2015 $15,969 $809,793 $0 $0
2014 $14,710 $736,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-1624

APN: 50-43-43-23-05-012-0232