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$8,495,000

Beds
4
Baths
4.0
sq ft
2,635

240 Atlantic Ave, Palm Beach, FL 33480

240 Atlantic Ave

Palm Beach, FL 33480

  • 122 days on market
    • Price drop $455,000↓
Turnkey triple mint home moments to The Royal and situated between the Ocean and the Lake Trail. This meticulous, 4-bedroom 4-bathroom home features top of the line appliances, including a Wolf 8-burner gas range, Sub-Zero fridge, freezer, and wine fridge, Bosch dishwasher, and Wolf microwave. Each bedroom has an en-suite bathroom with Waterworks fixtures and marble finishes. Additional features include a gas fireplace, three A/C zones for personalized climate control, a Tesla charger, tankless water heater, and built-in Sonos sound system. Outside, the backyard features a gas-heated lap pool and lush tropical landscaping creating the ultimate serene retreat.

Details

Property type

Single Family Residence

Est. home value

$6,684,015

Lot size

5,001 sq ft

Price per sq ft

$3,224

Year built

2016

Annual property taxes

$55,301

Price History

12/11/2024
Beaches

Beaches #R11014900

Price change
$8,495,000
-5.08%
10/22/2024
Beaches

Beaches #R11014900

Price change
$8,950,000
-5.79%
08/23/2024
Beaches

Beaches #R11014900

Listed
$9,500,000
+192.31%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

Bank Of America Na

Loan start date

July 2017

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Stephen G Canton and Suzanne Canton

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: 12/22/2024 at 8:40 PM

Listing updated: 12/11/2024 at 6:15 PM

Listed by: Christopher Leavitt, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R11014900

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