$1,966,500
SOLD AUG 25, 2023
0.4 Acre
$4,916,250 Price per Acre
17,424 Sq Ft Lot

Recently Sold

$1,154 Per Sq Ft

24% Below List Price

178 Days on Market

Highlights

  • Waterfront
  • Canal View
  • Paved or Partially Paved Lot
  • Canal Access

About This Lot

As of April 2025

PERMITTED HOME WILL BE BUILT BY THE BUYER AT BUYER'S EXPENSE. RENDERINGS ARE IN THE ''DOCUMENT TAB IN MLS'' Opportunity to build your dream home (plans available) on this oversized waterfront lot (.40 acres) located on this prime location in The Village of North Palm Beach. 86' of water frontage. Lot measures 212 x 86' x 242 x 80. One story and two story new constructions plans available with purchase. New seawall is in for permitting and will be constructed 5 miles from Palm Beach Inlet. Minutes to the new North Palm Beach Country Club featuring the newly redesigned Jack Nicklaus Signature golf course, pool, tennis, and fine dining. Close to beaches, recreation, restaurants and entertainment. Convenient to major highways and Palm Beach International Airport.

Last Agent to Sell the Property

Kevin Spina

The Keyes Company (PBG) Brokerage Phone: (561) 722-1169 License #3081899 Listed on: 02/27/2023

The Keyes Company (PBG)

Last Buyer's Agent

Kevin Spina

The Keyes Company (PBG) Brokerage Phone: (561) 722-1169 License #3081899 Listed on: 02/27/2023

The Keyes Company (PBG)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,504

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 211 x 86 x 242 x 80
  • Waterfront
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R1(cit

Additional Features

  • Canal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 68434217080260210

Community Details

Overview

  • North Palm Beach Village Subdivision

Recreation

  • Fixed Bridges
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,504

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Off Prosperity just north of Northlake Blvd. Turn east to Ibis Way
  • Special Features: VirtualTour

Exterior Features

  • View: Canal
  • Lot Features: City Lot
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Canal Access, Fixed Bridge
  • Waterfront: Yes

Lot Info

  • Parcel #: 68434217080260210
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.4
  • Lot Size: 211 x 86 x 242 x 80
  • Lot Size Sq Ft: 17475.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2024
Closed on
Apr 1, 2025
Sold by
715 Ibis Way Llc
Bought by
Nisberg Jay N and Nisberg Sally
Seller's Agent
Kevin Spina
The Keyes Company (PBG)
Buyer's Agent
Kevin Spina
The Keyes Company (PBG)
List Price
$6,850,000
Sold Price
$6,400,000
Premium/Discount to List
-$450,000
-6.57%
Total Days on Market
178
Views
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
15.34%

Purchase Details

Listed on
Feb 27, 2023
Closed on
Aug 25, 2023
Sold by
Mcgrath Morgan
Bought by
715 Ibis Way Llc
Seller's Agent
Kevin Spina
The Keyes Company (PBG)
Buyer's Agent
Kevin Spina
The Keyes Company (PBG)
List Price
$2,595,000
Sold Price
$1,966,500
Premium/Discount to List
-$628,500
-24.22%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.08%
Original Mortgage
$3,075,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2022
Sold by
Mary S Bagocius Revocable Trust
Bought by
Mcgrath Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
5.11%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 19, 2004
Sold by
Bagocius Mary S
Bought by
Bagocius Mary S
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 Type Sale Price Title Company
Warranty Deed $5,757,100 None Listed On Document
Warranty Deed $1,900,000 Property Transfer Services
Warranty Deed $2,000,000 New Title Company Name
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,075,000 New Conventional
Previous Owner $1,007,000 New Conventional
Previous Owner $1,435,000 Construction
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $6,400,000 -5.2% $1,152 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
01/13/2025 01/13/25 Price Changed $6,750,000 -1.5% $1,215 / Sq Ft
01/13/2025 01/13/25 Price Changed $6,850,000 0.0% $1,233 / Sq Ft
12/27/2024 12/27/24 For Sale $6,850,000 +248.3% $1,233 / Sq Ft
08/25/2023 08/25/23 Sold $1,966,500 -4.1% $1,154 / Sq Ft
06/01/2023 06/01/23 Price Changed $2,050,000 -21.0% $1,203 / Sq Ft
02/27/2023 02/27/23 For Sale $2,595,000 -- $1,523 / 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 $31,455 $1,600,000 -- --
2023 $29,718 $1,522,516 $1,500,000 $22,516
2022 $5,504 $303,694 $0 $0
2021 $5,423 $294,849 $0 $0
2020 $5,394 $290,778 $0 $0
2019 $5,312 $284,240 $0 $0
2018 $5,059 $278,940 $0 $0
2017 $4,970 $273,203 $0 $0
2016 $4,962 $267,584 $0 $0
2015 $5,064 $265,724 $0 $0
2014 $5,068 $263,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10869259

BeachesMLS

APN: 68-43-42-17-08-026-0210