NOT LISTED FOR SALE

Estimated Value: $9,206,000 - $104,311,668

7 Beds
8 Baths
15,306 Sq Ft
$3,708/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $64,000,000 $4,181 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $396,497/month

151 Days on Market

Highlights

  • 175 Feet of Waterfront
  • Direct Ocean View
  • Guest House
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • Wine Room

About This Home

As of August 2021

Presenting the only new custom home available on Palm Beach Island with one of the highest elevations, 175' of direct ocean front and on 1.14 acres. This Modern, Classic Bermuda inspired estate boasts over 18,000 SF. The spacious 7 bedroom home has views of the ocean from almost every room and includes gourmet dual kitchens, expansive living, dining, and entertaining areas, a private direct oceanfront office, and expansive loggias with endless ocean views. The basement includes a 4,000 bottle custom wine cellar, theater room with a bar, and professional grade fitness center. The 2 bedroom, 2 bath guest house has a gracious great room and terrace with garden views and gourmet kitchen. The grounds will include a private entry gate on North Ocean Boulevard that will open to a lushly landscaped and well-manicured compound with a stately pool and spa along the Atlantic Ocean. This one-of-a-kind estate is available as of February 2021. The home is being offered fully furnished and turnkey.

Last Agent to Sell the Property

CHRISTOPHER DEITZ

William Raveis South Florida License #631706 Listed on: 02/19/2021

Co-Listed By

B. DUERR

William Raveis South Florida License #3117391

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $238,010

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.13 Acre Lot
  • 175 Feet of Waterfront
  • Home fronts a seawall
  • East Facing Home
  • Back and Front Yard Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned RA

Parking

  • 4 Car Attached Garage

Home Design

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

Interior Spaces

  • 15,306 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Wine Room
  • Dining Room
  • Home Theater
  • Library
  • Storage
  • Utility Room
  • Home Gym
  • Direct Ocean Views

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Hurricane or Storm Shutters
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Cabana
  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead
  • Balcony
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434310000010070

Home Details

Home Type

Single Family

Est. Annual Taxes

$238,010

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Lot Size: 175
  • Subdivision Name: N/A
  • Directions: EAST ON ROYAL POINCIANA, NORTH ON COUNTY RD TO 901 N OCEAN BLVD
  • Architectural Style: Bermuda
  • Garage Yn: Yes
  • Year Built: 2021
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 238010.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 15306.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 175
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 49223
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • General Property Description:Waterfront Ftg: 175.0
  • Waterfront:Ocean-Direct: Yes
  • Pool:Salt Water: Yes
  • Windows:Double Hung: Yes
  • Lot Size:Corner Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Instant Hot Water, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 5
  • Total Bedrooms: 7
  • Flooring: Hardwood, Marble, Other Flooring
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Intercom, Sound System, Smoke Detectors, Storage, Wet Bar, Wine Rm/Temp-Control, Other (See Remarks), Pantry
  • Living Area: 15306.0
  • Window Features: Double Hung, Impact Glass, Impact Glass-Full
  • Interior Features:Storage: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Intercom: Yes
  • Interior Features:Wine RmTemp-Control: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1 to 3 Acres, Corner Lot
  • Pool Features: Pool, Salt Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Fence-Back Wall, Fence-Front Wall, Ocean Access-Deeded, Seawall/Bulkhead, Storm Shutters, Storm Shutters-Auto, Sprinkler System, Guesthouse/Cottage
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Pool/Spa: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Exterior Features:Storm Shutters- Auto: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 4 Car, Attached, Air Conditioned
  • Garage: Yes
  • Garage:Air Conditioned: Yes
  • Garage:_four_ Car: Yes

Utilities

  • Security: Security System, Other Security
  • Heating: Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 49223.0
  • Parcel #: 50434310000010070
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 238010.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Beechgreen Llc
Bought by
901 Nopb Trust
Total Days on Market
151
Current Estimated Value
$56,758,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,586,200
Outstanding Balance
$44,474,336
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$12,284,498

Purchase Details

Listed on
Feb 19, 2021
Closed on
Aug 30, 2021
Sold by
Pbb Island Property Llc
Bought by
Beechgreen Llc
Seller's Agent
CHRISTOPHER DEITZ
William Raveis South Florida
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$64,000,000
Sold Price
$64,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.14%
Original Mortgage
$44,800,000
Interest Rate
1.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2017
Closed on
Nov 30, 2017
Sold by
Friedman Frederick and Berkowitz Roger
Bought by
Pbb Property Llc
Seller's Agent
JAMES McCANN
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$29,140,000
Sold Price
$29,140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.34%

Purchase Details

Closed on
Feb 24, 2016
Sold by
Berkowitz Rhoda and Berkowitz Roger
Bought by
Berkowitz Rhoda

Purchase Details

Closed on
Dec 30, 2004
Sold by
Friedman Jack N and Friedman Lorraine L
Bought by
Friedman Jack N

Purchase Details

Closed on
May 24, 1994
Sold by
Martino June and Martino Louis
Bought by
Friedman Jack N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
901 Nopb Trust $85,977,000 None Listed On Document
Beechgreen Llc $64,000,000 Attorney
Pbb Property Llc $14,570,000 Attorney
Berkowitz Rhoda -- Attorney
Friedman Jack N -- --
Friedman Jack N $5,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 901 Nopb Trust $51,586,200
Previous Owner Beechgreen Llc $44,800,000
Previous Owner Friedman Jack N $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $64,000,000 0.0% $4,181 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $64,000,000 +119.6% $4,181 / Sq Ft
11/30/2017 11/30/17 Sold $29,140,000 0.0% $2,536 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $29,140,000 -- $2,536 / 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 $1,143,339 $76,860,823 -- --
2023 $1,115,972 $74,310,626 $28,514,200 $45,796,426
2022 $1,054,538 $68,032,447 $0 $0
2021 $678,098 $41,918,376 $16,100,000 $25,818,376
2020 $238,010 $14,430,179 $14,420,000 $10,179
2019 $235,997 $14,010,487 $14,000,000 $10,487
2018 $234,848 $14,410,525 $14,400,000 $10,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-281

APN: 50-43-43-10-00-001-0070