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221 Monroe Dr, West Palm Beach, FL, 33405

$9,800,000

5 Bedrooms
4 Full Baths, 1 Partial
4,872 SqFt
$2,011/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway, Garage - Attached, Street
Attached Garage2 spaces
Year BuiltNew Const., 1925
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceFireplace(s)
Private PoolYes
MLS #RX-11027557
StatusActive

About 221 Monroe Dr

Historic-meets-new construction at 221 Monroe, nestled in Southland Park. Originally built in 1925, this residence is undergoing an expansive transformation, more than doubling in size to just under 5,000sf of luxurious living space in the main house and an additional 410sf in the detached second-level guest suite. Seamlessly blending the beloved, highly coveted historic charm, with thoughtful modernity.Imagined by CBG Developers, Gengler Architects, and designer, Seneca M. Reynolds, 221 is set to be crafted with the finest materials and finishes. Highlights include an elegant formal living and dining room, custom woodwork ceilings, wine cellar, marble-draped chef's kitchen and butler's pantry, pool cabana, and an expansive primary suite with a 200sf balcony overlooking the backyard.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean, Old Spanish
  • Year Built: 1925
  • Stories: 2
  • Living Area: 4,872 SqFt

Listing Office:

  • Office Name: Nest Seekers Florida, LLC
  • Office Phone: (561) 725-9229
  • Listing Agent: Ashley Luebke

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Clay Tile, Marble, Tile, Wood Floor
  • Interior: Fireplace(s), Kitchen Island, Pantry, Split Bedroom, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Driveway, Garage - Attached, Street

Virtual/3D Tour

  • Virtual Tour: 221 Monroe Dr
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,800,000
  • Price Per SqFt: $2,011/SqFt

Tax Information:

  • Annual Amount: $6,222
  • 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

221 Monroe Dr vs West Palm Beach

42 DAYS ON ROCKET

-30 Days

$9,800,000

+$9.4M More

$2,011/SqFt

+$1.7K More

KEY TAKEAWAY

This property is $9.4M more than the Median Sold Price and $1.7K/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-11027557

Listing Office:

  • Office Name: Nest Seekers Florida, LLC
  • Office Phone: (561) 725-9229
  • Listing Agent: Ashley Luebke

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: 11/21/2024, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,222$304,412
2019$6,131$297,568
2018$5,763$292,020
2017$5,658$286,014

History based on county public records data.

Payment Calculator

$48.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$29.4K

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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-255019
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-255020
5
/10
  • Palmetto Elementary School

  • 5801 Parker Ave

  • 1.43 miles

  • Public Magnet Grades PK-5

school-card-donut-255021
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 1.89 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. Residents of West Palm Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 221 Monroe Dr

What is the listing price of this property?

The listing price of 221 Monroe Dr property is $9,800,000.

What type of property is this?

The property 221 Monroe Dr is a house located in West Palm Beach, Florida, 33405.

Is this property for sale now?

Active Listing: 221 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 $6,222 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 221 Monroe Dr has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 221 Monroe Dr is 4,872 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 221 Monroe Dr is 1925.
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Rocket Homes›Florida›Palm Beach County›West Palm Beach›33405›221 Monroe Dr

This home is located at 221 Monroe Dr in West Palm Beach, FL and zip code 33405 in the El Cid / Prospect Park / Southland Park neighborhood. This 4,872 square foot home was built in 1925. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $9,800,000.

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

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

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