new - 2 days on rocket

205 Monroe Dr, West Palm Beach, FL, 33405

$4,795,000

6 Bedrooms
4 Full Baths
3,250 SqFt
$1,475/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway
Year Built1925
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceFireplace(s)
Private PoolYes
MLS #RX-11036222
StatusActive

About 205 Monroe Dr

Welcome to a slice of paradise nestled in the heart of West Palm Beach. This Historically Significant renovated home on a12,700+SF lot offers 5BR/3Ba in the main house & a 1BR/1Ba guest house. Timeless charm combined with modern luxury and relaxation creates your own tropical oasis where every detail has been meticulously curated for your comfort and enjoyment. Host unforgettable gatherings in the stunning outdoor spaces throughout the property. Whether you're strolling along nearby Flagler Drive or enjoying downtown activities, the beauty of South Florida living is right at your doorstep. Welcome home to paradise. All sizes and dimensions are approximate per floorplan draftsman. Buyer to independently verify all measurements.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2
  • Living Area: 3,250 SqFt

Listing Office:

  • Office Name: Premier Estate Properties, Inc
  • Office Phone: (561) 655-5505
  • Listing Agent: James L. McCann

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Freezer, Microwave, Gas Range, Refrigerator
  • Flooring Type: Tile, Wood Floor
  • Interior: Fireplace(s), Kitchen Island, Volume Ceiling, Walk-in Closet, Wet Bar
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • Exterior: Auto Sprinkler, Built-in Grill, Cabana, Covered Patio, Custom Lighting, Open Patio, Zoned Sprinkler

Parking Information:

  • Parking: 2+ Spaces, Driveway

Virtual/3D Tour

  • Virtual Tour: 205 Monroe Dr
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,795,000
  • Price Per SqFt: $1,475/SqFt

Tax Information:

  • Annual Amount: $17,319
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

Med. Sold Price

$395.6K

Med. Price/SqFt

$272

Avg. Days On Market

72

# of Sold Homes

196

205 Monroe Dr vs West Palm Beach

2 DAYS ON ROCKET

-70 Days

$4,795,000

+$4.3M More

$1,475/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $4.3M more than the Median Sold Price and $1.2K/SqFt more than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11036222

Listing Office:

  • Office Name: Premier Estate Properties, Inc
  • Office Phone: (561) 655-5505
  • Listing Agent: James L. McCann

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 05, 2020Home Sold
$1,745,000
Mar 06, 2014Home Sold
$474,900
Jun 02, 2004Home Sold
$630,000

Tax History

YEARPROP. TAXASSESSMENT
2020$17,319$817,879
2019$17,074$799,491
2018$16,283$784,584
2017$19,269$868,963

History based on county public records data.

Payment Calculator

$23.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-103525
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-103526
5
/10
  • Palmetto Elementary School

  • 5801 Parker Ave

  • 1.44 miles

  • Public Magnet Grades PK-5

school-card-donut-103527
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 1.88 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,957. Typical income of West Palm Beach, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 205 Monroe Dr

What is the listing price of this property?

The listing price of 205 Monroe Dr property is $4,795,000.

What type of property is this?

The property 205 Monroe Dr is a house located in West Palm Beach, Florida, 33405.

Is this property for sale now?

Active Listing: 205 Monroe Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $17,319 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 5, 2020 for $1,745,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 205 Monroe Dr has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 205 Monroe Dr is 3,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 205 Monroe Dr is 1925.
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Rocket Homes›Florida›Palm Beach County›West Palm Beach›33405›205 Monroe Dr

This home is located at 205 Monroe Dr in West Palm Beach, FL and zip code 33405 in the El Cid / Prospect Park / Southland Park neighborhood. This 3,250 square foot home was built in 1925. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $4,795,000.

In October 2024, from all listings sold in West Palm Beach, FL there were more than 16 sold above asking price, over 153 sold below and more than 27 were sold right at the asked price. Between September 2024 and October 2024, West Palm Beach, FL real estate market has seen increase in the number of listings by 7.1%. The median list price of listings available in October 2024 was $395,666, while the average time on the real estate market was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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