NOT LISTED FOR SALE

7115 S Flagler Dr West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $5,835,813 - $6,761,000

2 Beds
2 Baths
2,199 Sq Ft
$2,874/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $6,000,000 $2,729 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $41,539/month

102 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Bermuda Architecture
  • Corner Lot
  • Outdoor Pool
  • Lanai
  • No HOA

About This Home

As of July 2024

This incredible waterfront property is located in the coveted SoSo area of West Palm Beach, Florida. Situated on a corner lot with captivating water vistas facing east and south, presenting an exceptional canvas for visionary developers or discerning end-users to actualize their dream home.
Encompassing an expansive 70 feet of water frontage, the lot spans approximately 11,326 square feet, providing an idyllic setting for waterfront living at its finest. The current residence, comprising 2,582 total square feet, features 2 bedrooms and 2 baths, with the potential to effortlessly incorporate an additional bedroom and bath, allowing for personalized customization and expansion.
Embracing Florida living at its finest, this property showcases a pool complemented by an inviting outdoor loggia, perfect for al fresco entertaining and relishing the scenic surroundings. Further enhancing its appeal is a convenient 1 car garage, catering to practical storage needs.
With its prime location, abundant space, and boundless potential, this property presents a rare opportunity to craft a bespoke waterfront haven amidst the beauty and tranquility of West Palm Beach's coveted landscape.

Last Agent to Sell the Property

Todd Peter

Sotheby's International Realty, Inc. License #BK-3049697 Listed on: 05/15/2024

Sotheby's International Realty, Inc.

Co-Listed By

FRANCES PETER

Sotheby's International Realty, Inc. License #3145843

Last Buyer's Agent

Michael Costello

Compass Florida, LLC License #SL-3336872

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,973

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • 70 Feet of Waterfront
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Back Yard Fenced
  • Corner Lot
  • Property is zoned SF7

Parking

  • 1 Car Garage

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,199 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Dishwasher

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Bulkhead
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434410220003170

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,973

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 70
  • Subdivision Name: Tropic Isle
  • Directions: From 95 take Forest Hill Blvd East. Turn Right on S Olive Ave. Turn Left on Desota Rd. House will be on the left at the corner of Desota and S Flagler.
  • Architectural Style: Bermuda, One Story
  • Garage Yn: Yes
  • Year Built: 1954
  • Location Tax Legal:Zoned: SF7
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 91973.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 2199.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 70
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 11326
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Exposure:East: Yes
  • Floors:Terrazzo: Yes
  • General Property Description:Waterfront Ftg: 70.0
  • Waterfront:ICW - Across Street: Yes
  • Lot Size:Corner Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range-Gas, Oven-Single, Washer, Dryer
  • Total Bedrooms: 2
  • Flooring: Terrazzo, Tile, Other Flooring
  • Interior Amenities: Smoke Detectors, Storage
  • Living Area: 2199.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF, Corner Lot
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: ICW - Across Street
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Seawall/Bulkhead, Impact Doors, Impact Windows
  • Roof: Cement Tile
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking Features: 1 Car
  • Garage:_one_ Car: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 11326.0
  • Parcel #: 74434410220003170
  • Zoning: SF7
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 91973.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 9, 2024
Sold by
Mobi Lago Llc
Bought by
P & M West Palm Beach Management Company Llc
Seller's Agent
Todd Peter
Sotheby's International Realty, Inc.
Buyer's Agent
Michael Costello
Compass Florida, LLC
List Price
$6,495,000
Sold Price
$6,000,000
Premium/Discount to List
-$495,000
-7.62%
Views
50
Current Estimated Value
$6,319,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,703
Avg. Annual Appreciation
4.58%

Purchase Details

Listed on
Oct 23, 2017
Closed on
Oct 12, 2018
Sold by
Fabian Daniel C and Fabian Barbara M
Bought by
Mobi Lago Llc
Seller's Agent
Tom Davis
Coldwell Banker Realty
Buyer's Agent
MARY BRITTAIN CHEATHAM
Brown Harris Stevens of Palm Beach 5225
List Price
$1,567,500
Sold Price
$1,567,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.29%
Original Mortgage
$1,097,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1997
Sold by
Whaley William R
Bought by
Fabian Daniel C and Fabian Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.88%
Mortgage Type
New Conventional
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
P & M West Palm Beach Management Company Llc $6,000,000 None Listed On Document
Mobi Lago Llc $1,567,500 Standard Title Insurance Age
Fabian Daniel C $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mobi Lago Llc $1,097,000
Previous Owner Fabian Daniel C $214,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $6,000,000 -7.6% $2,729 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $6,495,000 0.0% $2,954 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $6,495,000 +314.4% $2,954 / Sq Ft
10/12/2018 10/12/18 Sold $1,567,500 0.0% $713 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $1,567,500 -- $713 / 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 $86,056 $4,193,030 -- --
2023 $91,973 $4,492,436 $5,395,846 $70,130
2022 $71,409 $3,416,404 $0 $0
2021 $33,369 $1,521,635 $1,470,000 $51,635
2020 $31,186 $1,457,587 $1,400,000 $57,587
2019 $28,163 $1,257,587 $1,200,000 $57,587
2018 $9,489 $470,549 $0 $0
2017 $9,384 $460,871 $0 $0
2016 $9,373 $451,392 $0 $0
2015 $9,561 $448,254 $0 $0
2014 $9,575 $444,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Todd Peter

    Sotheby's International Realty, Inc.

    (561) 659-3555

    4 in this area

    72 Total Sales

    Todd Peter
    Section Image

  • F

    Seller Co-Listing Agent in 2024

    FRANCES PETER

    Sotheby's International Realty, Inc.

    (561) 797-2427

    1 in this area

    31 Total Sales

    FRANCES PETER
    Section Image

  • M

    Buyer's Agent in 2024

    Michael Costello

    Compass Florida, LLC

    (561) 803-7779

    2 in this area

    46 Total Sales

    Michael Costello
    Section Image
  • Tom Davis

    Seller's Agent in 2018

    Tom Davis

    Coldwell Banker Realty

    (561) 329-0090

    25 in this area

    96 Total Sales

    Tom Davis
    Section Image

  • M

    Buyer's Agent in 2018

    MARY BRITTAIN CHEATHAM

    Brown Harris Stevens of Palm Beach 5225

    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-305

APN: 74-43-44-10-22-000-3170

Florida Palm Beach County West Palm Beach 33405 South End

7115 S Flagler Dr, West Palm Beach, FL

This home is located at 7115 S Flagler Dr, West Palm Beach, FL 33405 since 15 May 2024 and is currently estimated at $6,319,703, approximately $2,873 per square foot. This property was built in 1954. 7115 S Flagler Dr is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill Community High School.

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