$12,125,000
SOLD MAY 1, 2025

450 Brazilian Ave Unit A Palm Beach, FL 33480

4 Beds
4.5 Baths
4,421 Sq Ft
8,926 Sq Ft Lot

Recently Sold

$2,743 Per Sq Ft

10% Below List Price

18 Days on Market

Highlights

  • Marble Flooring
  • Den
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • 2 Car Attached Garage
  • Impact Glass

About This Home

As of May 2025

In town living at its best! Beautiful 3 story townhome steps from the Intracoastal and close to Worth Avenue restaurants and shops. Boasting 6000+/- square feet, this private oasis offers 4 bedrooms with lovely balconies. (one bedroom has been converted to an office/library, but can be easily switched back) 4 full baths and 1 half bath. The living room terrace offers an idyllic oasis for outdoor entertaining overlooking the pool and beautifully landscaped gardens. A true gem in the best

Last Agent to Sell the Property

John Pickett

Brown Harris Stevens of PB License #3218567 Listed on: 01/10/2025

Brown Harris Stevens of PB

Last Buyer's Agent

John Pickett

Brown Harris Stevens of PB License #3218567 Listed on: 01/10/2025

Brown Harris Stevens of PB

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $51,504

Year Built

  • Built in 2001

Lot Details

  • 8,926 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 4,421 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Den
  • Home Security System
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower in Primary Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Royal Park Subdivision
  • Impact Glass

Listing and Financial Details

  • Assessor Parcel Number 50434323050040011

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$51,504

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: Middle bridge to S Lake then left to Brazilian
  • Year Built: 2001
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Elevator, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Washer/Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 4421.0
  • Dining Room Type: Den
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other

Lot Info

  • Parcel #: 50434323050040011
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 8926.0
  • Zoning Description: R-D(2)

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 51504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
May 1, 2025
Sold by
Dean Margaret M Mcconnell and Declaration Of Trust Of Margaret M Mccon
Bought by
Kassel Properties Llc
Seller's Agent
John Pickett
Brown Harris Stevens of PB
Buyer's Agent
John Pickett
Brown Harris Stevens of PB
List Price
$13,500,000
Sold Price
$12,125,000
Premium/Discount to List
-$1,375,000
-10.19%
Views
4
Current Estimated Value
$10,231,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,893,123
Avg. Annual Appreciation
-21.51%
Original Mortgage
$9,700,000
Outstanding Balance
$9,700,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,385,647

Purchase Details

Closed on
Jun 30, 2016
Sold by
Mcconnell Dean Margaret M
Bought by
Dean Margaret M Mcconnell and Declaration Of Trust Of Margaret M Mccon

Purchase Details

Closed on
Oct 16, 2001
Sold by
South Lake Drive Llc
Bought by
Dean Margaret M
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $12,125,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $3,600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $12,125,000 -10.2% $2,743 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $13,500,000 -- $3,054 / Sq Ft
Source: BeachesMLS

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 $51,504 $3,495,709 -- --
2023 $50,465 $3,393,892 $0 $0
2022 $50,545 $3,295,041 $0 $0
2021 $51,362 $3,199,069 $0 $0
2020 $51,482 $3,154,900 $0 $0
2019 $51,382 $3,083,969 $0 $0
2018 $48,770 $3,026,466 $0 $0
2017 $48,809 $2,964,217 $0 $0
2016 $49,350 $2,903,249 $0 $0
2015 $51,039 $2,883,068 $0 $0
2014 $51,283 $2,860,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11050949

BeachesMLS

APN: 50-43-43-23-05-004-0011