tomo logo

$9,950,000

Beds
4
Baths
4.5
sq ft
3,744

224 Atlantic Ave, Palm Beach, FL 33480

224 Atlantic Ave

Palm Beach, FL 33480

  • 338 days on market
    • Price drop $950,000↓
Nestled in the heart of town, this exquisite modern residence spans over 6,428 square feet, boasting four bedrooms and four and a half baths. With soaring ceilings, expansive windows, and luxurious amenities such as a private elevator and Wolf/Sub Zero appliances, every detail exudes sophistication. The primary suite, complete with a balcony, dual walk-in closets, and a spa-like bathroom, provides a serene retreat. The oversized garage area, featuring a newly epoxy-coated floor, is a haven for car collectors. Beyond its functional appeal, this residence offers a 27' x 14.5' south-facing pool, lush green space, and a dining terrace, creating the perfect blend of elegance and comfort. Only steps from the ocean and Lake Trail, and in close proximity to the Royal Poinciana Plaza, this

Details

Property type

Single Family Residence

Est. home value

$7,918,414

Lot size

0.23 acres

Price per sq ft

$2,658

Year built

1984

Annual property taxes

$66,577

HOA

Yes

Price History

04/08/2024
Beaches

Beaches #R10944887

Price change
$9,950,000
-8.72%
02/02/2024
Beaches

Beaches #R10944887

Price change
$10,900,000
-8.4%
12/20/2023
Beaches

Beaches #R10944887

Listed
$11,900,000

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

Countrywide Home Loans Inc

Loan start date

October 2006

Original loan amount

$446,000

Est. remaining balance

$365,842

Interest rate

6.47%

Loan type

New Conventional, 40 year

Seller

Bonnie Dell Walker

Lender

Nationsbank

Loan start date

January 1999

Original loan amount

$144,662

Est. remaining balance

Not provided

Interest rate

6.69%

Loan type

Credit Line (Revolving)

Seller

Bonnie D Walker

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?

Similar Homes Nearby

Beaches
$9,000,000
4 bd
|
2.5 ba
|
2,266 sq ft
|
House

265 Atlantic Ave, Palm Beach, FL 33480

Price drop
Beaches
$8,950,000
4 bd
|
4 ba
|
2,635 sq ft
|
House

240 Atlantic Ave, Palm Beach, FL 33480

New
Beaches
$8,500,000
4 bd
|
4 ba
|
2,263 sq ft
|
House

257 Fairview Rd, Palm Beach, FL 33480

Status: Active

Tomo last checked: 11/22/2024 at 12:15 PM

Listing updated: 09/30/2024 at 5:02 PM

Listed by: Todd Peter, Sotheby's Intl. Realty, Inc. Phone #: (561) 659-3555

MLS: Beaches #R10944887

Beaches logo