NOT LISTED FOR SALE

Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,555,000 - $69,864,712

6 Beds
10 Baths
12,747 Sq Ft
$3,076/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $37,000,000 $2,903 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $243,818/month

180 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Heated Pool
  • Palm Beach Public School Rated A-
  • Built in 2015 | Newly Remodeled
  • Waterfront

About This Home

As of September 2016

A brand new six bedroom modern oceanfront oasis finished with an exceptional level of taste. Interior appointments by Marc-Michaels Interior Design with great attention to detail extended throughout this stunning beach house. The most exciting oceanfront opportunity in years.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates License #202740 Listed on: 03/22/2016

Last Buyer's Agent

Susan Turner

The Corcoran Group License #3233443

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $185,086

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Waterfront
  • West Facing Home
  • Paved or Partially Paved Lot

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Pool

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 12,747 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Bar
  • Decorative Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Bidet

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Seawall
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Ocean Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434311020000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$185,086

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Okeechobee Boulevard across middle bridge to South County Road, Make left. Head North to Ocean Lane on your right hand side.
  • Year Built: 2015
  • Architectural Style: Colonial
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Breakfast Area, Bathtub, Entrance Foyer, Eat-in Kitchen, Elevator, Living/Dining Room, Sitting Area in Primary, Soaking Tub, Upper Level Primary, Bar, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 12747.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Outdoor Shower
  • View: Ocean, Pool
  • Fencing: Fenced
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: New Construction
  • Roof: Tar/Gravel

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None

Lot Info

  • Parcel #: 50434311020000050
  • Mobile Dim Units: Feet
  • Zoning: RB

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 185086.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2017
Sold by
City National Bank Of Florida
Bought by
Ailes Elizabeth
Current Estimated Value
$39,263,656

Purchase Details

Listed on
Mar 22, 2016
Closed on
Sep 19, 2016
Sold by
6 Ocean Lane Llc
Bought by
City Natonal Bank Of Florida and Under Trust
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates
Buyer's Agent
Susan Turner
The Corcoran Group
List Price
$42,000,000
Sold Price
$37,000,000
Premium/Discount to List
-$5,000,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.62%

Purchase Details

Listed on
Mar 15, 2013
Closed on
Dec 18, 2013
Sold by
Chamandy H Greg and Chamandy Chantal
Bought by
6 Ocean Lane Llc
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$7,475,000
Sold Price
$7,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ailes Elizabeth -- Attorney
City Natonal Bank Of Florida $36,000,000 None Available
6 Ocean Lane Llc $4,606,000 Attorney
6 Ocean Lane Llc $7,475,533 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2016 09/22/16 Sold $37,000,000 0.0% $3,643 / Sq Ft View Prior Sale
09/22/2016 09/22/16 Sold $37,000,000 -11.9% $2,903 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
08/23/2016 08/23/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $42,000,000 +13.5% $3,295 / Sq Ft
01/22/2016 01/22/16 For Sale $37,000,000 +395.0% $3,643 / Sq Ft
12/20/2013 12/20/13 Sold $7,475,000 0.0% $56 / Sq Ft View Prior Sale
11/06/2013 11/06/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $7,475,000 -- $56 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $486,457 $33,680,609 -- --
2024 $486,457 $32,731,398 -- --
2023 $476,783 $31,778,056 $0 $0
2022 $477,811 $30,852,482 $0 $0
2021 $485,713 $29,953,866 $0 $0
2020 $486,923 $29,540,302 $0 $0
2019 $486,077 $28,876,151 $0 $0
2018 $461,511 $28,337,734 $0 $0
2017 $462,652 $27,754,881 $14,250,000 $13,504,881
2016 $366,246 $21,273,462 $0 $0
2015 $185,086 $10,331,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    36 in this area

    107 Total Sales

    Lawrence A Moens
    Section Image

  • S

    Buyer's Agent in 2016

    SUSAN TURNER

    WATERFRONT PROPERTIES & CLUB COMMUNITIES

See All Agents

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10218978

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-11-02-000-0050

Florida Palm Beach County Palm Beach 33480

North End

Not Listed for Sale

Detached

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