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$59,500,000

Beds
9
Baths
14.5
sq ft
18,852

12088 Banyan Rd, North Palm Beach, FL 33408

12088 Banyan Rd

North Palm Beach, FL 33408

  • 2 days on market
Nestled on a secluded stretch of Seminole beach and lining the azure waters of the Atlantic Ocean stands one of South Florida's most prestigious double gated oceanfront estates, Bel Viaggio. Boasting 190+/- ft. of ocean frontage and situated on approx. 2.9+/- acres of land this custom 9 bedroom 12 full and 5 half bath estate is tucked away in the North Palm Beach neighborhood of Seminole Landing, one of the only private gated oceanfront communities in the country. Artful thought and design went into every space of this seamless 37,000+/- floorplan of total sq. ft. maximizing the stunning ocean views and immaculate grounds. Curated by architect and Palm Beach preservationist, Gene Pandula, interior designer Ray Clark and master landscape architect, Howard Ostrout Jr.

Details

Property type

Single Family Residence

Est. home value

$51,936,404

Lot size

8.73 acres

Price per sq ft

$3,157

Year built

2008

Annual property taxes

$771,897

Monthly HOA fee

$450

Price History

10/16/2024
Beaches

Beaches #R11028950

Listed
$59,500,000
+50.63%
06/09/2021
Beaches

Beaches #R10534489

Sold
$39,500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Citibank Na

Loan start date

May 2021

Original loan amount

$25,000,000

Est. remaining balance

Not provided

Interest rate

2.5305%

Loan type

New Conventional, 30 year

Seller

12088 Holdings 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: 10/18/2024 at 4:35 AM

Listing updated: 10/16/2024 at 6:05 PM

Listed by: Christopher Leavitt, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R11028950

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$59,500,000|9 bd|14.5 ba|House

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