NOT LISTED FOR SALE

880 S Ocean Blvd Palm Beach, FL 33480

Estimated Value: $4,589,000

5 Beds
7 Baths
5,253 Sq Ft
$874/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $8,750,000 $1,666 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $28,919/month

184 Days on Market

Highlights

  • Ocean Front
  • Gas Heated Pool
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of October 2017

Palm Beach home comes with private 6,600 SF beach parcel in the Estate Section north of County Road. Home has 5 bedrooms, Master has gorgeous ocean views, library has a full bath. 2BR/1Ba guest wing with living/exercise room over the garage. The beachside home has enchanting detailing, a family size eat-in cook's kitchen that overlooks large heated pool and manicured grounds. Covered balconies and al fresco dining patios for entertaining, 2nd floor sun terrace, cabana bath. Beach parcel can accommodate a cabana. Exclusion: Dining room chandelier.

Last Agent to Sell the Property

JAMES McCANN

The Corcoran Group Listed on: 03/15/2017

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,978

Year Built

  • Built in 1951

Lot Details

  • 0.45 Acre Lot
  • Ocean Front
  • Home fronts a seawall
  • South Facing Home
  • Back Yard Fenced
  • Property is zoned RA

Home Design

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

Interior Spaces

  • 5,253 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Dining Room
  • Library

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Bulkhead
  • Balcony

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Via Vizcaya Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434335020000220

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,978

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 100 Approx
  • Subdivision Name: Via Vizcaya
  • Architectural Style: Traditional, Two Story
  • Year Built: 1951
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 64978.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 5253.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100 Approx
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 19602
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Single Hung: Yes
  • Auto Garage Door Opener: Yes
  • Waterfront:Ocean-Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Range-Gas, Oven-Double, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Interior Amenities: Ceiling Fan, Fireplace
  • Living Area: 5253.0
  • Window Features: Single Hung
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Fence-Back Wall, Seawall/Bulkhead, Storm Shutters
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 50434335020000220
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 64978.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Oct 20, 2017
Sold by
Dwyer Robert J and Dwyer Concetta A
Bought by
Chesterman Alex
Seller's Agent
JAMES McCANN
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$8,750,000
Sold Price
$8,750,000
Current Estimated Value
$4,589,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,161,000
Avg. Annual Appreciation
-8.82%

Purchase Details

Closed on
May 15, 2001
Sold by
Callahan John A
Bought by
Dwyer Robert J and Dwyer Concetta A
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
Chesterman Alex $8,750,000 Attorney
Dwyer Robert J $3,595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dwyer Robert J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2017 10/24/17 Sold $8,750,000 0.0% $1,666 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $8,750,000 -- $1,666 / 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 $400,566 $21,540,974 -- --
2023 $378,621 $19,582,704 $24,692,300 $7,693,604
2022 $333,907 $17,802,458 $0 $0
2021 $291,292 $20,051,752 $18,360,000 $1,691,752
2020 $180,901 $14,011,499 $13,180,000 $831,499
2019 $129,614 $7,640,372 $7,000,000 $640,372
2018 $118,394 $7,208,048 $6,596,107 $611,941
2017 $64,996 $3,887,540 $0 $0
2016 $64,978 $3,807,581 $0 $0
2015 $67,201 $3,781,113 $0 $0
2014 $67,525 $3,751,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-711

APN: 50-43-43-35-02-000-0220