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$2,650,000

Beds
6
Baths
7.5
sq ft
6,845

2126 Milano Ct, Palm Beach Gardens, FL 33418

2126 Milano Ct

Palm Beach Gardens, FL 33418

  • 343 days on market
    • Price drop $100,000↓
Nestled on one of the largest lakefront lots in the exclusive gated community of San Michele, this Mediterranean-designed home offers a rare combination of space, functionality, and thoughtful design. The pie-shaped lot provides ample room to relax by the pool or entertain guests. Inside, the home features 6 generously sized bedrooms, each with its own en-suite bathroom and walk-in closet. The primary suite is conveniently located on the main floor with 3 large closets and his/hers bathrooms, along with a separate guest suite for visitors. A home theater, dedicated office, elevator, butler's pantry, two additional pantries, wet bar, and a summer kitchen cater to every need. Built with hurricane impact windows and doors, this property provides peace of mind. Great Opportunity.

Details

Property type

Single Family Residence

Est. home value

$4,649,324

Lot size

0.4 acres

Price per sq ft

$388

Year built

2004

Annual property taxes

$22,838

Monthly HOA fee

$653

Price History

01/11/2025
Beaches

Beaches #R10970991

Price change
$2,650,000
-3.64%
11/17/2024
Beaches

Beaches #R10970991

Price change
$2,750,000
-3.51%
09/20/2024
Beaches

Beaches #R10970991

Price change
$2,850,000
-2.9%

Schools & Community

Elementary school: 

Marsh Pointe

Middle school: 

Watson B. Duncan

High school: 

William T. Dwyer

Community features: 

Pool, Clubhouse, Gated, Street Lights, Sidewalks, Tennis Court(s)

Number of units in community: 

90

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

$1,509,568
Asking price
$2,650,000
Closing costs (~8% of asking)
-$212,000
Est. remaining loan balance
-$928,432
Cash to seller
$1,509,568

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

Seller’s Loan History

Lender

The Federal Savings Bank

Loan start date

October 2021

Original loan amount

$999,950

Est. remaining balance

$928,432

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Shailesh G Shah and Alka S Shah

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: 02/27/2025 at 4:05 AM

Listing updated: 02/12/2025 at 12:50 PM

Listed by: Christina C. Meek, Waterfront Properties & Club C Phone #: (561) 746-7272

MLS: Beaches #R10970991

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