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$5,000,000

Beds
5
Baths
4.5
sq ft
5,874

5840 Sea Biscuit Rd, Palm Beach Gardens, FL 33418

5840 Sea Biscuit Rd

Palm Beach Gardens, FL 33418

  • 13 days on market
    • Open house Feb 23
Exquisite Estate on One of Steeplechase's Most Private Lots.Where elegance meets sophistication, this remarkable estate offers the perfect harmony of luxury and comfort. Set on an expansive 2.3-acre lot, surrounded by lush, tranquil landscaping, this meticulously crafted home features 5 bedrooms, 3 full bathrooms, and 3 half bathrooms, with a thoughtfully designed floor plan that balances open, airy living spaces with intimate, cozy retreats.Timeless beauty radiates throughout, from the high-end custom cabinetry and built-ins to the soaring ceilings and exquisite woodwork. Beautiful chandeliers grace several living spaces, adding a touch of splendor. The formal living room is a stunning focal point, featuring a handcrafted marble wood-burning fireplace, while the peaceful

Details

Property type

Single Family Residence

Est. home value

$2,841,025

Lot size

2.31 acres

Price per sq ft

$852

Year built

1989

Annual property taxes

$31,677

Monthly HOA fee

$342

Price History

02/09/2025
Beaches

Beaches #R11060689

Listed
$5,000,000

Schools & Community

Elementary school: 

Grove Park

Middle school: 

John F. Kennedy (Palm Beach)

High school: 

Palm Beach Gardens

Community features: 

Gated, Street Lights, Sidewalks

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

$3,150,266
Asking price
$5,000,000
Closing costs (~8% of asking)
-$400,000
Est. remaining loan balance
-$1,449,734
Cash to seller
$3,150,266

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

Seller’s Loan History

Lender

Td Bank Na

Loan start date

August 2022

Original loan amount

$1,499,860

Est. remaining balance

$1,449,734

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Antonio Rafael Sanchez Garcia and Buff Ellen Sanchez Garcia

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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5355 Sea Biscuit Rd, Palm Beach Gardens, FL 33418

Status: Active

Tomo last checked: 02/22/2025 at 9:55 PM

Listing updated: 02/20/2025 at 4:05 AM

Listed by: Denise Torres, Serhant Phone #: (561) 203-2762

MLS: Beaches #R11060689

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