tomo logo

$15,250,000

Beds
4
Baths
4.5
sq ft
4,001

223 Monterey Rd, Palm Beach, FL 33480

223 Monterey Rd

Palm Beach, FL 33480

  • 315 days on market
    • Price drop $445,000↓
Welcome to casual elegance at its finest on the North End of Palm Beach! This brand-new, custom-built masterpiece designed by Roger Janssen and interior decorated by Decorators Unlimited. This fully furnished home boasts high-end finishes and exquisite attention to detail throughout. Featuring high ceilings, designer lighting, and impeccable craftsmanship. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating the perfect space for entertaining guests or enjoying quiet family evenings.The gourmet kitchen features Wolf and Sub Zero appliances, custom cabinetry, and a large center island with quartz countertops. Whether you're preparing a casual breakfast or hosting a lavish dinner party, this kitchen is sure to impress. Retreat to the luxurious

Details

Property type

Single Family Residence

Est. home value

$6,940,785

Property condition

New Construction

Lot size

8,999 sq ft

Price per sq ft

$3,812

Year built

2024

Annual property taxes

$59,556

Price History

01/06/2025
Beaches

Beaches #R10979004

Price change
$15,250,000
-2.84%
04/17/2024
Beaches

Beaches #R10979004

Listed
$15,695,000
+796.86%
06/28/2018
Beaches

Beaches #R10398794

Sold
$1,750,000

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

Mire Sma Funding Llc

Loan start date

April 2022

Original loan amount

$7,850,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Building or Construction Loan

Seller

223 Monterey Rd 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: 02/26/2025 at 9:50 AM

Listing updated: 02/14/2025 at 1:05 PM

Listed by: Michael Costello, Compass Florida LLC (PB) Phone #: (305) 851-2820

MLS: Beaches #R10979004

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