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$8,750,000

Beds
3
Baths
3.5
sq ft
2,999

358 Hibiscus Ave, Palm Beach, FL 33480

358 Hibiscus Ave

Palm Beach, FL 33480

  • <1 day on market
This impressive Mediterranean home is nestled in the center of town close to world class dining, shopping and the beach. Built in 2013 and boasts mahogany, impact windows and doors, a custom kitchen, open floor plan with high ceilings and a beautiful cypress entry hall detail. Three bedrooms, den, large two car garage, elevator and 2nd floor laundry add to the comfortable style that this house affords.

Details

Property type

Single Family Residence

Est. home value

$8,621,062

Lot size

5,500 sq ft

Price per sq ft

$2,918

Year built

2013

Annual property taxes

$70,875

Price History

01/31/2025
Beaches

Beaches #R11057759

Listed
$8,750,000
-32.67%
06/10/2024
Beaches

Beaches #R10983274

Removed
$12,995,000
05/01/2024
Beaches

Beaches #R10983274

Listed
$12,995,000
+289.36%

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

1St Fed Sav & Loan Assn Palm Beaches

Loan start date

October 1994

Original loan amount

$232,000

Est. remaining balance

Not provided

Interest rate

8.48%

Loan type

Not Provided

Seller

Erica Cioc and Ioana Cioc

Lender

1St Fed Sav & Loan Assn Palm Beaches

Loan start date

October 1994

Original loan amount

$232,000

Est. remaining balance

Not provided

Interest rate

8.56%

Loan type

Not Provided

Seller

Erica Cioc and Ioana Cioc

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: 01/31/2025 at 5:45 PM

Listing updated: 01/31/2025 at 2:21 PM

Listed by: Anita J Hom, Shore Group Realty Inc. Phone #: (561) 612-5487

MLS: Beaches #R11057759

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