NOT LISTED FOR SALE

425 Worth Ave Unit 3f Palm Beach, FL 33480

Palm Beach Area

Estimated Value: $6,718,000 - $9,631,362

3 Beds
4 Baths
3,232 Sq Ft
1971 Built

Sale Details

Date Sold: August 6, 2021

Last sale price $7,550,000 $2,336 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $54,313 / mo

26 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Lake View
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Two Primary Bathrooms

About This Home

As of August 2021

Impeccable waterfront condominium located on world renowned Worth Avenue. This stunning 3BR/ 4BA residence was meticulously designed by Keithley Miller of Kemble Interiors. Incredible attention to design details with the highest level of craftsmanship throughout. Clearly the designer was given an open budget to complete this Palm Beach masterpiece. Gorgeous Sun drenched southwest water views of Lake Worth from the living room, loggia and master bedroom. Stunning kitchen with an abundance of storage space, quartzite countertops and Thermador appliances . The Villas Condominium is one of the highest sought after boutique buildings in Palm Beach offering white glove service surrounded by The Everglades Club, world class shopping on Worth Ave, and the best restaurants Palm Beach has to offe

Co-Listed By

JORDAN ELSEN

Douglas Elliman License #3453863

Douglas Elliman

Last Buyer's Agent

Suzanne Porter

Engel & Volkers Wellington License #3470165

Engel & Volkers Wellington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $68,797

Year Built

  • Built in 1971

Lot Details

  • Property fronts an intracoastal waterway
  • South Facing Home

HOA Fees

  • $3,219 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,232 Sq Ft Home
  • Built-In Features
  • Decorative Fireplace
  • Vertical Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Lake Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327680003060

Community Details

Overview

  • Villas Inc Subdivision
  • Mandatory home owners association
  • 6-Story Property

Amenities

  • Doorman
  • Full Time Lobby Attendant
  • Elevator
  • Secure Lobby

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Complete Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$68,797

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

HOA Fees

$3,219 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Co List Office Mls Id: FLL802465
  • Co List Office Phone: 561-655-8600
  • Directions: From West Palm, take Middle bridge onto Royal Palm Way, make first right on to Lake Way. Then turn left onto Peruvian. It is the yellow building, driveway on your right, middle of the block.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 6
  • Structure Type: Condo
  • Subdivision Name: VILLAS INC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 7550000
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Pantry, Split Bedroom, Walk-In Closet(s), Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Maid'S Quarters, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3232
  • Stories: 6
  • Window Features: Complete Impact Glass, Blinds, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Separate Guest/In-Law Quarters, Laundry, Maid/In-Law Quarters, Maid'S Quarters, Pantry, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Shower Only, Tub Only

Exterior Features

  • View: Lake, Lake View
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Other Structures: Livable
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Parking Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Fire Sprinkler System, Fire Sprinklers, Security System, Doorman, Lobby Secured, Lobby Attended
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 3219
  • Amenities: Elevator(s), Exercise Room, Management On Site
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Buyer Approval Required, Exercise Room, Management On Site, Mandatory Hoa, Sidewalks, Street Lights

Lot Info

  • Parcel Number: 50434327680003060
  • Zoning: R-D(2)

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 68797

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 2, 2021
Sold by
Bought by
Buyer's Agent
Suzanne Porter
Engel & Volkers Wellington
List Price
$7,450,000
Sold Price
$7,550,000
Premium/Discount to List
$100,000
1.34%
Current Estimated Value
$7,874,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,454
Avg. Annual Appreciation
0.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
-- Attorney
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Sold $7,550,000 +1.3% $2,336 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $7,450,000 +112.9% $2,305 / Sq Ft
02/04/2015 02/04/15 Sold $3,500,000 0.0% $1,083 / Sq Ft View Prior Sale
01/29/2015 01/29/15 Pending -- -- --
07/11/2014 07/11/14 For Sale $3,500,000 -- $1,083 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax 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.

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 $94,260 $6,305,000
2024 $94,260 $6,305,500
2023 $95,153 $6,305,500 $0 $6,305,500
2022 $91,640 $5,883,000 $0 $0
2021 $66,028 $4,040,000 $0 $4,040,000
2020 $68,797 $4,181,504 $0 $0
2019 $68,697 $4,087,492 $0 $0
2018 $65,176 $4,011,278 $0 $0
2017 $65,248 $3,928,774 $0 $0
2016 $51,297 $2,950,000 $0 $0
2015 $44,435 $2,450,000 $0 $0
2014 $19,172 $962,069 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10723431

MIAMI REALTORS® MLS

APN: 50-43-43-27-68-000-3060

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