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$21,900,000

Beds
5
Baths
5.5
sq ft
4,463

250 Ocean Ter, Palm Beach, FL 33480

250 Ocean Ter

Palm Beach, FL 33480

  • 48 days on market
Located on Palm Beach's quiet and serene North End and custom built in 2018, this single story modern island home is nothing short of stunning. The iridescent sea shell terrazzo flooring is wonderfully unique creating the perfect ambiance for a relaxing beach house retreat. Natural light fills the formal living & dining rooms through magnificent skylights where dramatic recessed lighting highlights the built-in 400 bottle glass & stainless steel back lit refrigerated wine cooler and elegant wood paneled walls. Reglet moldings, decorative warm toned wood ceiling inserts, smart house lighting, modern stainless light and plumbing fixtures, plantation shutters & electric sunshades in the bedrooms are just a few of the many high quality appointments in this seaside home. The transomed

Details

Property type

Single Family Residence

Est. home value

$15,783,446

Lot size

0.32 acres

Price per sq ft

$4,908

Year built

2018

Annual property taxes

$156,723

Price History

07/22/2024
Beaches

Beaches #R11006219

Listed
$21,900,000
+193.76%
05/07/2019
Beaches

Beaches #R10510190

Sold
$7,455,000

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

Jpmorgan Chase Bank Na

Loan start date

July 2021

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

2.12%

Loan type

New Conventional, 30 year

Seller

John Galiher and Cindi Galiher

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: 09/08/2024 at 6:55 AM

Listing updated: 08/28/2024 at 10:52 AM

Listed by: Stephen Simpson, William Raveis South Florida Phone #: (561) 655-6570

MLS: Beaches #R11006219

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