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$1,995,000

Beds
3
Baths
3.0
sq ft
2,307

386 Palmetto St, West Palm Beach, FL 33405

386 Palmetto St

West Palm Beach, FL 33405

  • 19 days on market
    • Price drop $100,000↓
Nestled in the SoSo neighborhood you will find this recently renovated outstanding home ready to meet all your expectations! The oversized lot (>11,000sf) sets the stage for a beautifully landscaped property boasting a brand new heated swimming pool with hot tub, large patio for entertaining, 3 bedroom / 3 bathroom residence with a split floor plan, light filled family room overlooking the backyard, brand new kitchen & appliances, wet bar, dreamy laundry room and garage. All the bathrooms are also fully remodeled, new flooring throughout, LED lighting, 2 a/c's, metal roof, all impact windows and doors. You will not be disappointed! Close to all that WPB offers: restaurants, shopping, Palm Beach, The Park, PBI airport, area schools, intracoastal and so much more.

Details

Property type

Single Family Residence

Est. home value

$1,645,628

Lot size

0.26 acres

Price per sq ft

$865

Year built

1952

Annual property taxes

$13,609

HOA

Yes

Price History

12/18/2024
Beaches

Beaches #R11042174

Price change
$1,995,000
-4.77%
12/03/2024
Beaches

Beaches #R11042174

Listed
$2,095,000
+235.2%
03/05/2021
SEF

SEF #A10933933

Sold
$625,000

Schools & Community

Neighborhood: 

South Side

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

Optimumbank

Loan start date

May 2022

Original loan amount

$3,171,375

Est. remaining balance

Not provided

Interest rate

3.63%

Loan type

Future Advance Clause / Open End Mortgage, 10 year

Seller

Chrono 386 Palmetto Street Llc

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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366 Palmetto St, West Palm Beach, FL 33405

Status: Active

Tomo last checked: 12/22/2024 at 9:25 AM

Listing updated: 12/18/2024 at 4:55 PM

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

MLS: Beaches #R11042174

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