tomo logo

$17,775,000

Beds
5
Baths
7.5
sq ft
9,227

1162 Banyan Estates Dr, North Palm Beach, FL 33408

1162 Banyan Estates Dr

North Palm Beach, FL 33408

  • 138 days on market
    • Price drop $1,375,000↓
Welcome to this luxurious residence located in North Palm Beach's most prestigious community, Seminole Landing. Constructed in 2020, this stunning property spans over 12,000 square feet of meticulously designed indoor and outdoor living space, offering the perfect blend of elegance and modern convenience.As you step inside, you'll be captivated by the grandeur of the open concept living areas, flooded withnatural light and adorned with the finest finishes. Venetian plaster walls throughout the main spacesdelicately reflect the light and exude elegance and craftsmanship. Wood flooring warms up the space andprovides a visual flow between the​​‌​​​​‌​‌​​​‌‌​​​‌‌‌​​‌​​‌‌​​​​ rooms.

Details

Property type

Single Family Residence

Est. home value

$16,810,004

Lot size

1.08 acres

Price per sq ft

$1,927

Year built

2020

Annual property taxes

$85,569

Monthly HOA fee

$833

Price History

10/30/2024
Beaches

Beaches #R11002278

Price change
$17,775,000
-7.18%
07/08/2024
Beaches

Beaches #R11002278

Listed
$19,150,000
+907.89%
08/16/2017
Beaches

Beaches #R10337385

Sold
$1,900,000
+40.74%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, Gated, Street Lights, Tennis Court(s)

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

Financial Federal Bank

Loan start date

August 2017

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

3.88%

Loan type

Building or Construction Loan, 2 year

Seller

David J Hill and Monica K Hill

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: 11/23/2024 at 12:30 AM

Listing updated: 11/08/2024 at 2:25 PM

Listed by: Stephanie Muzzillo, Serhant Phone #: (561) 203-2762

MLS: Beaches #R11002278

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