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$3,950,000

Beds
3
Baths
2.0
sq ft
1,728

248 Park Ave, Palm Beach, FL 33480

248 Park Ave

Palm Beach, FL 33480

  • 250 days on market
    • Price drop $250,000↓
Charming 1920s Palm Beach Island cottage with gorgeous Dade County Pine floors and remarkable volume throughout. This 3-bedroom, 2-bathroom home has been extensively, and chicly renovated while maintaining many original elements that create the distinct Palm Beach Island vibe. Highlighted features include: an enclosed Florida sun-room front porch, hardwood floors, new bathrooms, new kitchen and appliances, new roof with multiple Skylights, A/C systems, updated electrical, Tesla-charger, back-yard/patio with manicured landscape, restored foundation and more. A perfect location too - Restaurants, boutiques, markets, beach and the lake trail just a few blocks away.

Details

Property type

Single Family Residence

Est. home value

$3,607,264

Lot size

3,498 sq ft

Price per sq ft

$2,286

Year built

1927

Annual property taxes

$46,023

Price History

12/06/2024
Beaches

Beaches #R10979072

Price change
$3,950,000
-3.66%
11/25/2024
Beaches

Beaches #R10979072

Price change
$4,100,000
-5.75%
10/07/2024
Beaches

Beaches #R10979072

Price change
$4,350,000
+3.57%

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

Lake Sunapee Bank Fsb

Loan start date

October 2012

Original loan amount

$417,000

Est. remaining balance

$299,860

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Glenn L Beane

Lender

Lake Sunapee Bank Fsb

Loan start date

October 2012

Original loan amount

$100,000

Est. remaining balance

$0

Interest rate

2.89%

Loan type

New Conventional, 10 year

Seller

Glenn L Beane

Lender

National City Mortgage

Loan start date

July 2008

Original loan amount

$250,000

Est. remaining balance

$167,456

Interest rate

6.08%

Loan type

Not Provided, 30 year

Seller

Glenn L Beane

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: 12/23/2024 at 1:45 AM

Listing updated: 12/11/2024 at 7:21 AM

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

MLS: Beaches #R10979072

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