tomo logo

$14,900,000

Beds
5
Baths
8.5
sq ft
7,175

2929 Marys Way, West Palm Beach, FL 33410

2929 Marys Way

Palm Beach Gardens, FL 33410

  • 260 days on market
    • Price drop $3,100,000↓
Experience refined living in this extraordinary Intracoastal home, a Moroccan-inspired haven meticulously crafted for luxury. With five bedrooms and eight and a half bathrooms, this 7,175 sq ft (10,803 sq ft total) residence sits on .68 acres. Boasting 100 feet of direct waterfront, 200ft of dockage, deep water access, and proximity to Palm Beach & Jupiter inlets with no fixed bridges, it's a boater's dream. Overlooking 24 acres of nature preserve, the home was completely remodeled in 2018, featuring a new in-law suite, pool cabana, covered porch, balcony, office, two boat lifts, whole-home generator, new pool heater, and top-of-the-line appliances.

Details

Property type

Single Family Residence

Est. home value

$9,797,738

Lot size

0.69 acres

Price per sq ft

$2,077

Year built

1999

Annual property taxes

$30,476

Price History

05/30/2024
Beaches

Beaches #R10952435

Price change
$14,900,000
-17.22%
01/19/2024
Beaches

Beaches #R10952435

Listed
$18,000,000

Schools & Community

Neighborhood: 

Admirals Cove

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

$13,245,922
Asking price
$14,900,000
Closing costs (~8% of asking)
-$1,192,000
Est. remaining loan balance
-$462,078
Cash to seller
$13,245,922

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

April 2013

Original loan amount

$1,663,750

Est. remaining balance

$462,078

Interest rate

2.76%

Loan type

New Conventional, 15 year

Seller

Patrick J Rooney Sr and Sandra S Rooney

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: 10/04/2024 at 11:40 PM

Listing updated: 10/01/2024 at 7:05 PM

Listed by: Lawrence Rooney, The Keyes Company - Stuart Phone #: (772) 497-1330

MLS: Beaches #R10952435

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