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$7,400,000

Beds
4
Baths
5.5
sq ft
2,770

123 Chilean Ave, Palm Beach, FL 33480

123 Chilean Ave

Palm Beach, FL 33480

  • 206 days on market
    • Price drop $400,000↓
LAND ONLY with ARCOM APPROVED PLANS. Ready to Build. Spectacular location ready for NEW BUILD Single Family Quintessential Palm Beach Home with Open Living. Separate Cabana/Bedroom. Midtown OCEAN BLOCK. SKA Architect. PERFECT OPPORTUNITY to CUSTOMIZE the Finishes. Plans complete with elevator and generator. *Measurements based upon architect's plans, approximate.

Details

Property type

Single Family Residence

Est. home value

$6,998,831

Lot size

6,251 sq ft

Price per sq ft

$2,672

Year built

2025

Annual property taxes

$51,911

Price History

10/04/2024
Beaches

Beaches #R10972212

Price change
$7,400,000
-5.13%
08/09/2024
Beaches

Beaches #R10972212

Price change
$7,800,000
-7.14%
03/26/2024
Beaches

Beaches #R10972212

Listed
$8,400,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

First Republic Bank

Loan start date

June 2022

Original loan amount

$3,720,000

Est. remaining balance

Not provided

Interest rate

4.5%

Loan type

New Conventional, 5 year

Seller

Robert Bishop and Perri Bishop

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?

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Status: Active

Tomo last checked: 10/18/2024 at 10:30 AM

Listing updated: 10/04/2024 at 3:56 PM

Listed by: JoAnna Ballarini, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R10972212

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