870 S Ocean Blvd Palm Beach, FL 33480
6
Beds
7
Baths
6,124
Sq Ft
0.43
Acres
Highlights
- Ocean Front
- Private Pool
- Marble Flooring
- Palm Beach Public School Rated A-
- Garage Apartment
- Den
About This Home
As of July 2021The most exciting oceanfront property on the market today! Build a 7,000 sq ft dream house with amazing ocean views and build your own private cabana on the beach. This opportunity will not last!
Last Agent to Sell the Property
Brown Harris Stevens of PB License #538250 Listed on: 11/17/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $86,164
Year Built
- Built in 1987
Lot Details
- Ocean Front
- Property is zoned RA
Parking
- 2 Car Garage
- Garage Apartment
- Garage Door Opener
Interior Spaces
- 6,124 Sq Ft Home
- 2-Story Property
- Decorative Fireplace
- Entrance Foyer
- Formal Dining Room
- Den
- Ocean Views
Kitchen
- Gas Range
- Dishwasher
Flooring
- Parquet
- Marble
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- In-Law or Guest Suite
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Impact Glass
Additional Features
- Private Pool
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 50434335020000210
Community Details
Overview
- Via Vizcaya Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2021
Closed on
Jul 16, 2021
Sold by
870 South Ocean Llc
Bought by
Douglas Kevin and Douglas Michelle
Seller's Agent
Suzanne Frisbie
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$28,500,000
Sold Price
$28,500,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,443,488
Avg. Annual Appreciation
-6.54%
Purchase Details
Closed on
Jan 11, 2021
Sold by
Invest Komfort Fl Llc
Bought by
870 South Ocean Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,650,000
Interest Rate
2.71%
Mortgage Type
Stand Alone Second
Purchase Details
Listed on
Nov 17, 2015
Closed on
Apr 1, 2016
Bought by
Invest Komfort Fl Lcc
Seller's Agent
Liza Pulitzer
Brown Harris Stevens of PB
Buyer's Agent
Asha Radtke
Sotheby's Intl. Realty, Inc.
List Price
$9,200,000
Sold Price
$8,500,000
Premium/Discount to List
-$700,000
-7.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Purchase Details
Closed on
Apr 19, 2002
Sold by
Woolin Martin and Woolin Rachel
Bought by
Zois Elia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
8.75%
Purchase Details
Closed on
Mar 10, 2000
Sold by
Martin Harriet Golding and Fagan Stephen
Bought by
Woolin Martin and Woolin Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
8.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 1998
Sold by
Fagan Stephen H and Martin Harriet G
Bought by
Martin Harriet G
Purchase Details
Closed on
Apr 16, 1996
Sold by
Synodinos Ilias and Synodinos Colette
Bought by
Martin William S and Martin Harriet G
Similar Homes in Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $28,500,000 | Attorney | |
| Warranty Deed | $12,640,650 | Attorney | |
| Deed | -- | -- | |
| Warranty Deed | $5,000,000 | -- | |
| Warranty Deed | $2,850,000 | -- | |
| Quit Claim Deed | $450,000 | -- | |
| Warranty Deed | $1,600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $6,650,000 | Stand Alone Second | |
| Previous Owner | $2,000,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $8,000,000 | Unknown | |
| Previous Owner | $580,000 | Credit Line Revolving | |
| Previous Owner | $1,409,475 | Unknown | |
| Previous Owner | $3,997,500 | Unknown | |
| Previous Owner | $2,250,000 | No Value Available | |
| Previous Owner | $2,530,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $2,500,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $28,500,000 | 0.0% | $4,345 / Sq Ft |
| 06/25/2021 06/25/21 | Pending | -- | -- | -- |
| 06/24/2021 06/24/21 | For Sale | $28,500,000 | +235.3% | $4,345 / Sq Ft |
| 04/12/2016 04/12/16 | Sold | $8,500,000 | 0.0% | $1,388 / Sq Ft |
| 04/12/2016 04/12/16 | Sold | $8,500,000 | -7.6% | $1,388 / Sq Ft |
| 03/13/2016 03/13/16 | Pending | -- | -- | -- |
| 02/25/2016 02/25/16 | Pending | -- | -- | -- |
| 11/17/2015 11/17/15 | For Sale | $9,200,000 | +8.2% | $1,502 / Sq Ft |
| 10/28/2015 10/28/15 | For Sale | $8,500,000 | -- | $1,388 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $422,426 | $28,343,797 | -- | -- |
| 2023 | $406,246 | $26,762,214 | $20,127,600 | $7,193,321 |
| 2022 | $377,849 | $24,329,285 | $0 | $0 |
| 2021 | $142,331 | $9,954,521 | $8,680,000 | $1,274,521 |
| 2020 | $117,924 | $7,093,999 | $6,090,000 | $1,003,999 |
| 2019 | $133,237 | $8,017,803 | $7,000,000 | $1,017,803 |
| 2018 | $118,658 | $7,508,733 | $6,570,219 | $938,514 |
| 2017 | $107,389 | $6,392,791 | $5,475,182 | $917,609 |
| 2016 | $114,096 | $6,623,588 | $0 | $0 |
| 2015 | $86,164 | $4,839,654 | $0 | $0 |
| 2014 | $86,580 | $4,801,244 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2021
Suzanne Frisbie
The Corcoran Group
(215) 353-8636
110 Total Sales
-
N
Buyer's Agent in 2021
NON MEMBER
NON MEMBER FIRM
-
L
Seller's Agent in 2016
Liza Pulitzer
Brown Harris Stevens of Palm Beach 5225
(561) 659-6400
60 Total Sales
-
J
Buyer's Agent in 2016
JANINA RADTKE
BARCLAYS INTERNATIONAL REALTY
-
p
Buyer's Agent in 2016
pbb.rets.radtj
pbb.rets.RETS_OFFICE
-
Buyer's Agent in 2016
Asha Radtke
Sotheby's International Realty, Inc.
(561) 346-9191
2 Total Sales
Map
Source: BeachesMLS
MLS Number: R10185209
APN: 50-43-43-35-02-000-0210
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes