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.
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
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: 11/21/2024, 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
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$48.9K
Per Month
Principal & Interest
$48.9K
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
$29.4K
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 school0.80 miles
Public District Grades PK-5
5
/10
Palmetto Elementary School
5801 Parker Ave
Distance between this listing and this school1.43 miles
Public Magnet Grades PK-5
6
/10
South Olive Elementary School
7101 S Olive Ave
Distance between this listing and this school1.89 miles
Public District Grades PK-5
Nearby Schools
3
/10
Conniston Community Middle School
3630 Parker Ave
Distance between this listing and this school0.64 miles
Public Magnet Grades 6-8
4
/10
Academy for Positive Learning
2405 Mercer Ave
Distance between this listing and this school1.47 miles
Public Charter Grades KG-8
4
/10
Renaissance Charter School at Summit
2001 Summit Blvd
Distance between this listing and this school1.55 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Worthington High School
1711 Worthington Rd
Distance between this listing and this school1.97 miles
Public Charter Grades 9-12
4
/10
Forest Hill Community High School
6901 Parker Ave
Distance between this listing and this school2.02 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 school2.09 miles
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.
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 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.