tomo logo

$6,499,000

Beds
6
Baths
6.5
sq ft
6,556

1017 N Flagler Drive Dr, West Palm Beach, FL 33401

1017 N Flagler Drive Dr

West Palm Beach, FL 33401

  • 471 days on market
    • Price drop $500,000↓
Waterfront Mediterranean home with fabulous water views of Palm Beach Island. This 6 bedroom, 6.1 bath residence has a spacious open plan, a luxury kitchen with a 6-burner gas stove, wine room, bar area with wine refrigeration & ice maker, dining area with fireplace, two offices/dens, & a full laundry room. The water-view Primary bedroom has a fireplace & two baths. With a luxurious pool area, several patios, & balconies the house provides an indoor/outdoor lifestyle. The residence is completed by a 1-bedroom, 1-bath guest house with a full kitchen & 2-car garage. A spectacular location across from the Palm Beach Yacht Club and close to the downtown financial district, PBI Airport, restaurants, shops, marinas, bike path & cultural activities.

Details

Property type

Single Family Residence

Est. home value

$8,227,077

Lot size

0.29 acres

Price per sq ft

$992

Year built

2007

Annual property taxes

$59,085

Price History

06/05/2024
Beaches

Beaches #R10899500

Listed
$6,499,000
06/01/2024
Beaches

Beaches #R10899500

Removed
$6,499,000
04/16/2024
Beaches

Beaches #R10899500

Price change
$6,499,000
-7.14%

Schools & Community

Neighborhood: 

Providencia Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fl Lender Llc

Loan start date

April 2023

Original loan amount

$1,920,000

Est. remaining balance

Not provided

Interest rate

6.65%

Loan type

Stand Alone Second

Seller

Frederick S Latsko and The Frederick S Latsko Declaration Of Tr

Lender

Comerica Bank

Loan start date

September 2021

Original loan amount

$2,580,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Frederick S Latsko and Frederick S Latsko Declaration Of Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/04/2024 at 11:10 PM

Listing updated: 09/30/2024 at 4:57 PM

Listed by: Suzanne Trapani Frisbie, The Corcoran Group Phone #: (561) 655-9081

MLS: Beaches #R10899500

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