NOT LISTED FOR SALE

418 Seaspray Ave Palm Beach, FL 33480

Estimated Value: $8,424,524

0.28 Acre
$30,087,586 Price per Acre
12,197 Sq Ft Lot

Sale Details

Date Sold: April 2, 2018

Last sale price $3,380,000 $1,176 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $50,551 / mo

63 Days on Market

Highlights

  • Partially Wooded Lot
  • No HOA
  • Grass Covered Lot
  • Palm Beach Public School Rated A-
  • Fenced

About This Lot

As of April 2018

IN-TOWN ''SEA-STREET'' TRADITIONAL HOME SITUATED ON SOUTH EXPOSURE, LAKEBLOCK DOUBLE LOT on ''Cul-de-sac'' STREET. Wonderful 4 Bedroom / 3.5 bath home with open floor plan, large private walled-in yard/pool, & 1BR guest house with kitchenette.
Walking distance to schools, restaurants & bike trail, recreation center / tennis courts. Gated / Private beach access.
Renovate or build new!

Last Agent to Sell the Property

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 12/18/2017

Last Buyer's Agent

Cris Condon

Sotheby's Intl. Realty, Inc. License #392210

Sotheby's Intl. Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,919

Lot Details

  • 12,197 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Partially Wooded Lot
  • Grass Covered Lot
  • Site Plan Filed
  • Property is zoned R-B(ci

Location

  • City Lot

Utilities

  • Three-Phase Power
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Poinciana Park 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434322070003330

Property Details

Property Type

Land

Est. Annual Taxes

$29,919

Lot Details

0.28 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: Cocoanut Row to Seaspray
  • DelayedMarketingYN: No
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, 1/4 to 1/2 Acre Lot
  • Road Frontage Type: Public Road
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 50434322070003330
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.28
  • Lot Size: 100.0 ft x 122.5 ft
  • Lot Size Sq Ft: 12250.0
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: R-B(ci

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 29919.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 21, 2018
Sold by
Ferguson Thomas M and Ferguson Lisa P
Bought by
Finerman Mark and Torell Anne Elizabeth
Seller's Agent
Linda R Olsson
Linda R. Olsson, Inc.
Buyer's Agent
Cris Condon
Sotheby's Intl. Realty, Inc.
List Price
$4,195,000
Sold Price
$3,380,000
Premium/Discount to List
-$815,000
-19.43%
Current Estimated Value
$8,424,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,044,524
Avg. Annual Appreciation
11.87%
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Finerman Mark $3,380,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2018 04/02/18 Sold $3,380,000 0.0% $1,176 / Sq Ft
04/02/2018 04/02/18 Sold $3,380,000 -19.4% $900 / Sq Ft View Prior Sale
03/03/2018 03/03/18 Pending -- -- --
03/03/2018 03/03/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $4,195,000 0.0% $1,460 / Sq Ft
10/16/2017 10/16/17 For Sale $4,195,000 -- $1,117 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $59,507 $4,079,643 -- --
2024 $59,507 $3,964,668 -- --
2023 $58,253 $3,849,192 $0 $0
2022 $58,343 $3,737,080 $0 $0
2021 $59,338 $3,628,233 $3,221,750 $406,483
2020 $54,558 $3,241,720 $2,958,375 $283,345
2019 $51,657 $3,001,856 $2,850,000 $151,856
2018 $29,923 $1,808,566 $0 $0
2017 $29,919 $1,771,367 $0 $0
2016 $29,498 $1,734,933 $0 $0
2015 $30,497 $1,722,873 $0 $0
2014 $30,648 $1,709,199 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10390320

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-22-07-000-3330

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