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$35,950,000

Beds
5
Baths
6.5
sq ft
7,823

11432 Turtle Beach Rd, North Palm Beach, FL 33408

11432 Turtle Beach Rd

North Palm Beach, FL 33408

  • 147 days on market
This oceanfront home in Lost Tree Village, just meticulously reimagined with no expense spared, offers unparalleled luxury. Ideal for multigenerations, the lushly landscaped property provides a secluded retreat with five bedrooms, each with an en suite bathroom, and a total of six and a half baths. The brand-new kitchen features a butler's pantry, dual dishwashers, a 36-inch Miele refrigerator, 36-inch Miele freezer, and a 60-inch Bluestar 6-burner range, to note. Ocean views from the expansive vaulted-ceiling living areas are breathtaking, as are the details in the custom cabinetry and beautiful oak floors throughout. The elegant Billiards Bar boasts custom lacquered cabinets and stunning brass shelving. Outside, a 75-foot pool with a sunken fire pit and hot tub is set amidst a spacious

Details

Property type

Single Family Residence

Est. home value

$20,638,070

Lot size

0.8 acres

Price per sq ft

$4,596

Year built

1971

Annual property taxes

$313,171

Monthly HOA fee

$634

Price History

07/29/2024
Beaches

Beaches #R11007894

Listed
$35,950,000
-2.71%
06/26/2024
Beaches

Beaches #R10971920

Removed
$36,950,000
05/13/2024
Beaches

Beaches #R10971920

Price change
$36,950,000
-6.46%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

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

Seller could get up to

$20,064,305
Asking price
$35,950,000
Closing costs (~8% of asking)
-$2,876,000
Est. remaining loan balance
-$13,009,695
Cash to seller
$20,064,305

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

March 2022

Original loan amount

$15,400,000

Est. remaining balance

$13,009,695

Interest rate

2.62%

Loan type

New Conventional, 15 year

Seller

8 28 Florida Properties Llc

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: 12/23/2024 at 5:30 AM

Listing updated: 12/10/2024 at 12:51 PM

Listed by: Melanie Barre, One Sotheby's International Re Phone #: (561) 694-0058

MLS: Beaches #R11007894

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