NOT LISTED FOR SALE

Estimated Value: $7,837,000 - $10,479,057

0.35 Acre
$26,165,797 Price per Acre
15,246 Sq Ft Lot

Last Sold June 01, 2022

Last sale price $9,317,000 $3,072 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $58,890/month

32 Days on Market

Highlights

  • Docks
  • Property fronts an intracoastal waterway
  • Corner Lot

About This Lot

As of June 2022

Boasting .35 acres of prime waterfront land in the coveted South of Southern neighborhood, 4401 S. Flagler Drive is the premier luxury land opportunity in coastal West Palm Beach. The listing includes incredible architectural plans from David Lawrence Architecture, Inc., or you can choose to build your own custom dream home including the opportunity to build a brand new marine dock with lift to accommodate most leisure boats. This property features exquisite views of Palm Beach Island's Estate Section and the soon-to-be-completed Southern Bridge and 129 feet of footage facing the IntraCoastal. The finished home promises to be the newest and highest end waterfront product in West Palm Beach this close to Palm Beach Island. Steps to the new Southern bridge, residents can literally be on Palm Beach Island within seconds by car, or to the heart of downtown West Palm Beach in minutes. The land is listed for $9,999,000 including plans, and the Buyer will build the home with those plans or new ones. Don't miss out on this rare possibility.

DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no commission will be paid to a cooperating Broker on the Deposits retained by the Seller. No commissions are paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2022 by the listing company. All Rights Reserved.

Last Agent to Sell the Property

Margit Brandt

Premier Estate Properties, Inc. License #SL-3430177 Listed on: 04/01/2022

Last Buyer's Agent

MARGIT BRANDT

Brown Harris Stevens of Palm Beach 6598 License #SL-3430177

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,406

Lot Details

  • 0.35 Acre Lot
  • Property fronts an intracoastal waterway
  • Northeast Facing Home
  • Corner Lot
  • Cleared Lot
  • Property is zoned 74- Sf7 - Single Family Low Density (74-West Palm Beach)

Additional Features

  • Water Views
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 74434403030000430

Community Details

Overview

  • Worth Court Subdivision

Recreation

  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$13,406

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.35
  • Subdivision Name: Worth Court
  • Directions: Right off Southern Blvd onto South Flagler Drive. Property on right hand side of South Flagler Drive. Coming from Palm Beach Island, left off Southern Blvd onto South Flagler Drive.
  • Location Tax Legal:Zoned: 74- Sf7 - Single Family Low Density (74-West Palm Beach)
  • Location Tax Legal:Taxes2: 13406.47
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Waterfront: Yes
  • General Property Description:Lot Dim (1): 122
  • General Property Description:Lot SqFt: 15246
  • Exposure:North: Yes
  • Exposure:East: Yes
  • Land Improvements:Electric Available: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • Waterfront:ICW - Across Street: Yes
  • Lot Size:Corner Lot: Yes
  • Land Improvements:Gas Available: Yes
  • Land Improvements:Sewer Available: Yes
  • Miscellaneous:Waterview: Yes
  • Dock:Dock Space Available2: Yes
  • Miscellaneous:Land Cleared: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Corner Lot
  • Waterfront Features: ICW - Across Street
  • Waterfront: Yes

Utilities

  • Utilities: Electric Available, Sewer Available, Water Available, Natural Gas Available

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 74434403030000430
  • Zoning: 74- Sf7 - Single Family Low Density (74-West Palm Beach)

Tax Info

  • Tax Annual Amount: 13406.47
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 26, 2022
Sold by
4401 S Flagler Llc
Bought by
Krm Partners Llc
Seller's Agent
Margit Brandt
Premier Estate Properties, Inc.
Buyer's Agent
MARGIT BRANDT
Brown Harris Stevens of Palm Beach 6598
List Price
$9,317,000
Sold Price
$9,317,000
Current Estimated Value
$9,158,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$158,971
Avg. Annual Appreciation
-0.53%

Purchase Details

Closed on
Dec 13, 2021
Sold by
Kournikova Alla
Bought by
4401 S Flagler Llc

Purchase Details

Listed on
Mar 6, 2020
Closed on
Dec 7, 2020
Sold by
Reynolds Maria Victoria and Reynolds Victoria H
Bought by
Kournikova Alla
Seller's Agent
Victoria Reynolds
Tina Fanjul Associates, Inc.
Buyer's Agent
Victoria Reynolds
Tina Fanjul Associates, Inc.
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.15%

Purchase Details

Closed on
Jul 21, 2016
Sold by
Reynolds Maria Victoria and Reynolds Victoria H
Bought by
Reyenolds Victoria H and Victoria H Reyenolds Declaration Trust

Purchase Details

Closed on
May 31, 1995
Sold by
Maale Sophie Marie
Bought by
Reynolds Paul S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Krm Partners Llc -- Macmillan Stanley Pllc
Krm Partners Llc $9,317,000 Macmillan Stanley Pllc
4401 S Flagler Llc -- Attorney
4401 S Flagler Llc $6,000,000 Attorney
Kournikova Alla -- Attorney
Kournikova Alla -- None Listed On Document
Kournikova Alla $1,800,000 Attorney
Kournikova Alla $1,800,000 None Listed On Document
Reyenolds Victoria H -- None Available
Reynolds Paul S -- --
Reynolds Paul S $387,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds Victoria H $120,000
Previous Owner Reynolds Paul S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $9,317,000 0.0% $3,072 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $9,317,000 +417.6% $3,072 / Sq Ft
12/07/2020 12/07/20 Sold $1,800,000 0.0% $593 / Sq Ft
12/07/2020 12/07/20 Sold $1,800,000 0.0% $593 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
11/05/2020 11/05/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $1,800,000 -28.0% $593 / Sq Ft
02/10/2017 02/10/17 For Sale $2,500,000 -- $824 / 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 $107,896 $5,275,200 -- --
2023 $112,888 $5,474,584 $5,474,584 $0
2022 $76,826 $3,631,085 $0 $0
2021 $42,887 $1,959,317 $1,896,300 $63,017
2020 $13,406 $640,307 $0 $0
2019 $13,214 $625,911 $0 $0
2018 $12,587 $614,240 $0 $0
2017 $12,462 $601,606 $0 $0
2016 $12,464 $589,232 $0 $0
2015 $12,716 $585,136 $0 $0
2014 $12,735 $580,492 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-499

APN: 74-43-44-03-03-000-0430