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
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
All 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
DATE
EVENT
PRICE
Mar 05, 2020
Mar 05, 2020Home Sold
$1,745,000
Mar 06, 2014
Mar 06, 2014Home Sold
$474,900
Jun 02, 2004
Jun 02, 2004Home Sold
$630,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$23.9K
Per Month
Principal & Interest
$23.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.4K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Belvedere Elementary School
3000 Parker Ave
Distance between this listing and this school0.85 miles
Public District Grades PK-5
5
/10
Palmetto Elementary School
5801 Parker Ave
Distance between this listing and this school1.44 miles
Public Magnet Grades PK-5
6
/10
South Olive Elementary School
7101 S Olive Ave
Distance between this listing and this school1.88 miles
Public District Grades PK-5
Nearby Schools
3
/10
Conniston Community Middle School
3630 Parker Ave
Distance between this listing and this school0.68 miles
Public Magnet Grades 6-8
4
/10
Academy for Positive Learning
2405 Mercer Ave
Distance between this listing and this school1.51 miles
Public Charter Grades KG-8
4
/10
Renaissance Charter School at Summit
2001 Summit Blvd
Distance between this listing and this school1.58 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Worthington High School
1711 Worthington Rd
Distance between this listing and this school2.02 miles
Public Charter Grades 9-12
4
/10
Forest Hill Community High School
6901 Parker Ave
Distance between this listing and this school2.03 miles
Public Magnet Grades 9-12
9
/10
Alexander W Dreyfoos Junior School of the Arts
501 S Sapodilla Ave
Distance between this listing and this school2.11 miles
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.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.