NOT LISTED FOR SALE

79 Middle Rd Palm Beach, FL 33480

Estimated Value: $2,229,000 - $20,026,243

8 Beds
9 Baths
8,005 Sq Ft
$1,390/Sq Ft Est. Value

Last Sold August 28, 2012

Last sale price $5,800,000 $725 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $71,488/month

206 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Spanish Architecture
  • Palm Beach Public School Rated A-
  • Garden View
  • No HOA

About This Home

As of August 2012

Unique 1925 Maurice Fatio masterpiece named 'Buenos Recuerdos (Good Memories), one of the great estates on Middle Road. Over 8,000 sq. ft. living area, with many of the original building components fabricated by Mizner Industries still in place. Private elevator to master suite. 4 staff bedrooms on ground floor; 3 additional guest rooms - 15'x14' (ground floor), 19'x13' and 13'x9' (2nd floor), 3 rd floor 19'x19' 'Turret Room' with 360* views over the ocean, Palm Beach island and west towards the Everglades Club and the intracoastal. Just a short stroll to Worth Avenue, this home has been in the same family since the 1930's.

Last Agent to Sell the Property

Richard Berman

Brown Harris Stevens of PB License #3219383 Listed on: 02/02/2012

Brown Harris Stevens of PB

Last Buyer's Agent

Laurie Barfield

The Keyes Company - Stuart License #3229951

The Keyes Company - Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,951

Year Built

  • Built in 1925

Lot Details

  • West Facing Home
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Home Design

  • Spanish Architecture
  • Barrel Roof Shape

Interior Spaces

  • 8,005 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Garden Views
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Open Patio

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Singer Add Palm Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434326030000092

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,951

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SE Corner of Middle Road and Via Marina.
  • Year Built: 1925
  • Architectural Style: Spanish/Mediterranean
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Pantry, Storage, Separate Shower, Upper Level Primary, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 8005.0
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Outdoor Shower
  • View: Garden
  • Lot Features: Irregular Lot, Sprinklers Automatic
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other
  • Direction Faces: West
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434326030000092
  • Lot Size: .567 ac
  • Mobile Dim Units: Feet
  • Zoning: Ra

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 77951.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
Aug 27, 2012
Sold by
Nesbitt Geraldine T
Bought by
Omtvedt Craig P and Omtvedt Jane E
Seller's Agent
Richard Berman
Brown Harris Stevens of PB
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$7,500,000
Sold Price
$5,800,000
Premium/Discount to List
-$1,700,000
-22.67%
Current Estimated Value
$11,127,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,327,622
Avg. Annual Appreciation
4.95%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Omtvedt Craig P $5,800,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2012 08/28/12 Sold $5,800,000 -22.7% $725 / Sq Ft
07/29/2012 07/29/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $7,500,000 -- $937 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $169,958 $11,787,827 -- --
2024 $169,958 $11,455,614 -- --
2023 $166,568 $11,121,955 $0 $0
2022 $166,889 $10,798,015 $0 $0
2021 $169,635 $10,483,510 $0 $0
2020 $170,050 $10,338,767 $0 $0
2019 $169,746 $10,106,322 $0 $0
2018 $161,156 $9,917,882 $0 $0
2017 $161,311 $9,713,890 $0 $0
2016 $163,130 $9,514,094 $0 $0
2015 $133,828 $6,186,020 $0 $0
2014 $117,785 $5,493,403 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3257009

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-26-03-000-0092

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