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$6,995,000

Beds
5
Baths
5.0
sq ft
4,583

23 Teach Rd, Palm Beach Gardens, FL 33410

23 Teach Rd

Palm Beach Gardens, FL 33410

  • 280 days on market
Fabulous custom home on deep water canal, ready in the fall of 2024. This 2 story 5BR 5BA, 3 car garage home boasts 100' dock to accommodate a large fishing or yachting vessel. Deep water, no fixed bridge and 15min to the Palm Beach Inlet, makes this home perfect for a boating enthusiast. The first floor in an open plan featuring chef's kitchen, Wolf appliances , large wine display refrigerator, oversized island, large wet bar with beverage center and walk-in pantry. The kitchen, dining room open to a covered patio, summer kitchen, outdoor living area, fireplace, pool and Spa. The 1st floor owners suite provides large closets and a luxury spa bath. The 2nd floor can be accessed by elevator and includes 4 BR and Club/game room. Ready Mid July 2024

Details

Property type

Single Family Residence

Est. home value

$6,495,955

Property condition

Under Construction

Lot size

9,978 sq ft

Price per sq ft

$1,527

Year built

2024

Annual property taxes

$28,933

Price History

12/03/2023
Beaches

Beaches #R10940352

Listed
$6,995,000
+233.1%
04/19/2023
Beaches

Beaches #R10825307

Sold
$2,100,000
+9.95%
05/16/2022
SEF

SEF #A11148193

Sold
$1,910,000
+17.54%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$6,037,383
Asking price
$6,995,000
Closing costs (~8% of asking)
-$559,600
Est. remaining loan balance
-$398,017
Cash to seller
$6,037,383

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

Seller’s Loan History

Lender

Crosscountry Mortgage Inc

Loan start date

May 2018

Original loan amount

$450,000

Est. remaining balance

$398,017

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Ravi Xavier and Rosemary Xavier

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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716 Sandpiper Way, North Palm Beach, FL 33408

Status: Active

Tomo last checked: 09/08/2024 at 7:15 AM

Listing updated: 09/06/2024 at 12:58 AM

Listed by: Sally Bonin, Seawind Realty LLC Phone #: (561) 635-4802

MLS: Beaches #R10940352

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