NOT LISTED FOR SALE

Estimated Value: $6,553,000 - $8,383,000

1.64 Acres
$4,629,398 Price per Acre
71,386 Sq Ft Lot

Last Sold June 15, 2023

Last sale price $7,400,000 $3,663 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $49,444/month

157 Days on Market

Highlights

  • Property has ocean access
  • River Front
  • 71,386 Sq Ft lot
  • Limestone Creek Elementary School Rated A-

About This Lot

As of June 2023

One of the largest lots within the perimeter of Pennock Point at 1.6 acres. Private, secluded, completely walled/fenced with gated access, located at the end of the street. Deeper water relative to some of the point lots, making the lift closer to the lands edge. Unincorporated, Palm Beach County overlay. Southerly oriented, facing the wide water views. Come see all the property has to offer you.

Last Agent to Sell the Property

Neal H Vander Waal

Water Pointe Realty Group License #3038107 Listed on: 12/29/2022

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,772

Lot Details

  • 1.64 Acre Lot
  • River Front
  • Site Plan Filed
  • Property is zoned RS

Listing and Financial Details

  • Assessor Parcel Number 00424035260000010

Community Details

Overview

  • S/D Of 35 40 42, Gov Lts Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$33,772

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Exterior Features

  • Waterfront Features: Ocean Access, River Front
  • Waterfront: Yes

Lot Info

  • Parcel #: 00424035260000010
  • Development Status: Site Plan Filed
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 71386.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 33772.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Jun 15, 2023
Sold by
Biondo Charles M
Bought by
Katharo Vouno Llc
Seller's Agent
Neal H Vander Waal
Water Pointe Realty Group
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$7,500,000
Sold Price
$7,400,000
Premium/Discount to List
-$100,000
-1.33%
Views
168
Current Estimated Value
$7,586,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,643
Avg. Annual Appreciation
-0.71%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Katharo Vouno Llc $7,400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Biondo Charles M $900,000
Previous Owner Biondo Charles M $760,000
Previous Owner Biondo Charles M $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $7,400,000 0.0% $3,663 / Sq Ft
06/15/2023 06/15/23 Sold $7,400,000 -1.3% $1,113 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/05/2023 06/05/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $7,500,000 0.0% $3,713 / Sq Ft
11/22/2022 11/22/22 Price Changed $7,500,000 -2.0% $1,128 / Sq Ft
10/31/2022 10/31/22 Price Changed $7,650,000 -1.9% $1,151 / Sq Ft
09/07/2022 09/07/22 For Sale $7,800,000 -- $1,174 / 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 $101,129 $6,068,794 -- --
2023 $33,927 $1,983,835 $0 $0
2022 $33,772 $1,926,053 $0 $0
2021 $33,745 $1,869,954 $0 $0
2020 $30,099 $1,646,506 $0 $0
2019 $29,795 $1,609,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10854460

BeachesMLS

APN: 00-42-40-35-26-000-0010