NOT LISTED FOR SALE

501 Palm Trail Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $7,051,000 - $13,304,000

5 Beds
7 Baths
8,668 Sq Ft
$1,169/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $7,775,775 $897 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $64,578/month

124 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Intracoastal View
  • 19,347 Sq Ft lot
  • Property has ocean access
  • Heated Pool
  • Vaulted Ceiling

About This Home

As of June 2021

L I V E. L I F E. W E L L. at 501 Palm Trail. Available for the first time in the highly desired neighborhood of Palm Trail this designer owned estate home boasts nearly 12,000 sqft under roof and over 100' linear feet of direct Intercoastal waters. Luxury details abound with 5 fireplaces, a 2 story walnut library and designer finishes throughout. Enjoy all the dinning, retail, arts and culture of Delray's ''Atlantic Ave'' with miles of award winning beaches all just a short walk from your front door. No detail has been over looked in this transitional and timeless masterpiece. Call to schedule your VIP Tour today!

Last Agent to Sell the Property

CJ Minardi

Illustrated Properties License #3302780 Listed on: 12/30/2020

Illustrated Properties

Co-Listed By

Vittorio Faricelli

Serhant License #3442796

Last Buyer's Agent

Pascal Liguori

Premier Estate Properties, Inc License #3009820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,545

Year Built

  • Built in 2010

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100x186x101x199
  • 101 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property is zoned R1-AA

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Concrete Roof

Interior Spaces

  • 8,668 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Awning
  • Entrance Foyer
  • Family Room
  • Den
  • Intracoastal Views
  • Intercom

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • S/D Of 9 46 43 In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609390000071

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,545

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North of Atlantic, South of George Bush Blvd. To Palm Trail
  • Year Built: 2010
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Entrance Foyer, Elevator, Fireplace, High Ceilings, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 8668.0
  • Dining Room Type: Den, Family Room, In-Law Suite, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Awning(s), Outdoor Grill, Patio
  • View: Intercoastal
  • Road Frontage Type: Waterfront
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609390000071
  • Lot Size: 100x186x101x199
  • Lot Size Sq Ft: 19347.0
  • Zoning Description: R1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 98545.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Dye Jennifer
Bought by
Jid 2024 Palm Trail Residence Trust and Dye
Current Estimated Value
$10,131,176

Purchase Details

Listed on
Dec 30, 2020
Closed on
Jun 3, 2021
Sold by
King Jeffrey and King Luba
Bought by
Daly John and Daly Metka
Seller's Agent
CJ Minardi
Illustrated Properties
Buyer's Agent
Pascal Liguori
Premier Estate Properties, Inc
List Price
$9,500,000
Sold Price
$7,775,775
Premium/Discount to List
-$1,724,225
-18.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Dec 5, 2005
Sold by
Rosenfeld Gadi and Rosenfeld Ilene
Bought by
King Jeffrey and King Luba

Purchase Details

Closed on
May 18, 2004
Sold by
Powell Harry Hickman and Powell Vivienne Jane
Bought by
Rosenfeld Gadi and Rosenfeld Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1997
Sold by
Herold Barry W and Herold Tracy W
Bought by
Powell Harry H and Powell Vivienne J

Purchase Details

Closed on
Apr 9, 1996
Sold by
Eli Brown & Sons Inc
Bought by
Herold Barry W and Herold Tracy W

Purchase Details

Closed on
May 2, 1995
Sold by
Clerk Circuit Court
Bought by
Eli Brown & Sons Inc

Purchase Details

Closed on
Apr 20, 1995
Sold by
Clerk Circuit Court
Bought by
Eli Brown & Sons Inc

Purchase Details

Closed on
Apr 7, 1994
Sold by
Eli Brown & Sons Inc
Bought by
Hall Realty Corp
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 Buyer Sale Price Title Company
Jid 2024 Palm Trail Residence Trust -- None Listed On Document
Jcd 2024 Palm Trail Residence Trust -- None Listed On Document
Daly John $7,775,775 Attorney
King Jeffrey $2,525,000 Trans State Title Ins Corp
Rosenfeld Gadi $1,830,000 --
Powell Harry H $500,000 --
Herold Barry W $500,000 --
Eli Brown & Sons Inc -- --
Eli Brown & Sons Inc -- --
Hall Realty Corp $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenfeld Gadi $1,260,000
Previous Owner Herold Barry W $541,000
Previous Owner Herold Barry W $4,340
Previous Owner Herold Barry W $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $7,775,775 -18.1% $897 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $9,500,000 -- $1,096 / 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 $137,330 $7,559,578 -- --
2023 $138,426 $7,339,396 $0 $0
2022 $138,162 $7,125,627 $0 $0
2021 $99,061 $4,941,068 $0 $0
2020 $98,545 $4,872,848 $0 $0
2019 $97,388 $4,763,292 $0 $0
2018 $93,512 $4,674,477 $0 $0
2017 $93,431 $4,578,332 $0 $0
2016 $94,150 $4,484,165 $0 $0
2015 $96,732 $4,452,994 $0 $0
2014 $97,408 $4,417,653 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CJ Minardi

    Illustrated Properties

    (772) 618-3507

    6 in this area

    40 Total Sales

    CJ Minardi
    Section Image
  • Vittorio Faricelli

    Seller Co-Listing Agent in 2021

    Vittorio Faricelli

    Serhant

    (561) 295-7875

    1 in this area

    31 Total Sales

    Vittorio Faricelli
    Section Image

  • P

    Buyer's Agent in 2021

    Pascal Liguori

    Premier Estate Properties, Inc

    (561) 414-4849

    22 in this area

    154 Total Sales

    Pascal Liguori
    Section Image

  • A

    Buyer Co-Listing Agent in 2021

    Antonio Liguori

    Premier Estate Properties, Inc

    (561) 278-8188

    22 in this area

    97 Total Sales

    Antonio Liguori
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10681228

BeachesMLS

APN: 12-43-46-09-39-000-0071

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

501 Palm Trail, Delray Beach, FL

This home is located at 501 Palm Trail, Delray Beach, FL 33483 since 30 December 2020 and is currently estimated at $10,131,176, approximately $1,168 per square foot. This property was built in 2010. 501 Palm Trail is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Community Middle School, and Atlantic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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