NOT LISTED FOR SALE

Estimated Value: $5,784,000 - $8,391,099

5 Beds
5.5 Baths
3,784 Sq Ft
$1,787/Sq Ft Est. Value

Sale Details

Date Sold: February 4, 2022

Last sale price $6,400,000 $1,691 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $47,723 / mo

3 Days on Market

Highlights

  • New Construction
  • Heated In Ground Pool
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Deck
  • Outdoor Living Area

About This Home

As of February 2022

[Closed price reflects furnishings sold separately for $200,000.] This is a rare opportunity to own a new construction home in the highly coveted, historic El Cid neighborhood in West Palm Beach. Completed in 2020, this stunning estate boasts a main house with 4 bedrooms, 4 full and one half baths as well as a separate 2-car garage with second-floor guest quarters. Offered fully furnished, this one-of-a-kind home has been hand curated for a higher standard of living. Keeping the timeless Palm Beach charm and historic architecture, this property has been seamlessly elevated with today's modern, luxurious amenities and comforts. The gorgeous interior offers a main floor with one bedroom and en suite, a formal dining room and a private office, while the second floor features 3 more bedrooms, each with a full bath. Surrounded by lush, impeccably styled landscaping, the outdoor living spaces boast a beautiful covered terrace with a built-in grill, large deck and a heated, saltwater pool. The separate guest suite above the garage offers one bedroom, an en suite full bath and a kitchenette

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 01/16/2022

Engel & Volkers Wellington

Last Buyer's Agent

Horst Hohl

One Sotheby's International Re License #3049634

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,318

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 11,913 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned SF14(c

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,784 Sq Ft Home
  • 2-Story Property
  • Furnished
  • French Doors
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Living Area
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • El Cid Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434334010080270

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,318

Year Built

Built in 2020 | New Construction

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South on Flagler Dr, West on Almeria Rd toward Olive. 241 its on Northeast corner of S Olive and Almeria
  • Year Built: 2020
  • Architectural Style: Mediterranean
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Storage, Tub Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Flooring: Other, Wood
  • Living Area: 3784.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Barbecue, Outdoor Living Area, Outdoor Shower
  • Fencing: Fenced
  • Lot Features: Corner Lot, 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Property Condition: New Construction
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Guest

Utilities

  • Laundry Features: Inside
  • Security: Security System Owned
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable 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 #: 74434334010080270
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.2
  • Mobile Dim Units: Feet
  • Zoning: SF14(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 46318.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2022
Closed on
Feb 4, 2022
Sold by
Bridle Path Holdings Llc
Bought by
Fl Esm Vpm Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Horst Hohl
One Sotheby's International Re
List Price
$6,750,000
Sold Price
$6,400,000
Premium/Discount to List
-$350,000
-5.19%
Current Estimated Value
$6,763,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,366
Avg. Annual Appreciation
1.34%

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 6, 2021
Sold by
Farfalla Estates Llc
Bought by
Bridle Path Holdings Llc
Seller's Agent
THOMAS HOLMES
Illustrated Properties LLC PB
Buyer's Agent
Carol Sollak
Engel & Völkers-Wellington
List Price
$4,000,000
Sold Price
$4,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.09%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jul 13, 2018
Sold by
Grove Betty F and Grove Betty F
Bought by
Farfalla Estates Llc
Seller's Agent
Rachel Tessoff
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Tommy Holmes
Illustrated Properties
List Price
$875,000
Sold Price
$810,000
Premium/Discount to List
-$65,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.13%

Purchase Details

Closed on
Oct 19, 1995
Sold by
Grove Betty F
Bought by
Grove Tr Betty F
Source: Public Records
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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
Fl Esm Vpm Llc $6,400,000 Galle Law Group Pa
Bridle Path Holdings Llc $4,000,000 Attorney
Farfalla Estates Llc $810,000 Standard Title Insurance Age
Grove Tr Betty F $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2022 02/04/22 Sold $6,400,000 -5.2% $1,691 / Sq Ft
01/16/2022 01/16/22 For Sale $6,750,000 +68.8% $1,784 / Sq Ft
05/17/2021 05/17/21 Sold $4,000,000 0.0% $1,011 / Sq Ft View Prior Sale
05/17/2021 05/17/21 Sold $4,000,000 +9900.0% $1,011 / Sq Ft View Prior Sale
04/17/2021 04/17/21 Pending -- -- --
03/19/2021 03/19/21 Rented $40,000 0.0% --
02/26/2021 02/26/21 For Sale $4,000,000 +13233.3% $1,011 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/17/2021 02/17/21 Under Contract -- -- --
01/13/2021 01/13/21 For Rent $30,000 0.0% --
06/22/2020 06/22/20 For Sale $3,895,000 +380.9% $984 / Sq Ft
07/13/2018 07/13/18 Sold $810,000 -7.4% $323 / Sq Ft View Prior Sale
06/13/2018 06/13/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $875,000 -- $349 / 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 $139,421 $6,916,332 -- --
2024 $139,421 $6,769,508 -- --
2023 $126,888 $6,154,098 $1,919,340 $4,234,758
2022 $62,895 $2,978,932 $0 $0
2021 $46,318 $2,174,349 $725,000 $1,449,349
2020 $13,182 $600,000 $600,000 $0
2019 $12,851 $575,000 $575,000 $0
2018 $4,369 $229,893 $0 $0
2017 $4,298 $225,165 $0 $0
2016 $4,282 $220,534 $0 $0
2015 $4,363 $219,001 $0 $0
2014 $4,370 $217,263 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10770277

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-34-01-008-0270

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