One-story Bermuda style residence featuring split floor plan encompassing spacious primary suite plus three additional bedrooms for guests. This elegant Ellen Kavanaugh decorated residence pay homage to the island's vibrant aesthetic and lush surroundings. El Dorado as a street offers residences a quaint feel among other single-story residences giving the feeling of light along the street. This residence allows extra privacy while enjoying outdoor spaces including the large terrace off the primary bedroom with Plantwell landscaping and nontoxic artificial turf and private lush tropical landscaping surrounding the pool area. The home contains a newer a/c unit servicing the primary bedroom and two eastside guest bedrooms, a Culligan water filtration system,
This property is $6.4M more than the Median Sold Price and $1.9K/SqFt more than other homes in Palm Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-11036287
Listing Office:
Office Name: Douglas Elliman (Palm Beach)
Office Phone: (561) 655-8600
Listing Agent: Gary B Pohrer
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
May 09, 2017
May 09, 2017Home Sold
$2,400,000
Dec 05, 2007
Dec 05, 2007Home Sold
$2,300,000
Apr 04, 2005
Apr 04, 2005Home Sold
$1,825,000
Jan 20, 1998
Jan 20, 1998Home Sold
$659,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$36,152
$2,136,286
2019
$37,128
$2,149,762
2018
$33,251
$1,983,620
2017
$36,999
$2,166,917
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.
$38.7K
Per Month
Principal & Interest
$38.6K
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
$23.3K
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
5
/10
Pleasant City Elementary School
2222 Spruce Ave
Distance between this listing and this school1.08 miles
Public District Grades EE-5
6
/10
Northboro Elementary School
400 40th St
Distance between this listing and this school1.11 miles
Public Magnet Grades PK-5
5
/10
U. B. Kinsey/Palmview Elementary School
800 11th St
Distance between this listing and this school1.69 miles
Public Magnet Grades PK-5
Nearby Schools
4
/10
Roosevelt Community Middle School
1900 N Australian Ave
Distance between this listing and this school1.78 miles
Public Magnet Grades 6-8
2
/10
University Preparatory Academy Palm Beach
2101 N Australian Ave
Distance between this listing and this school1.87 miles
Public Charter Grades KG-8
10
/10
Bak Middle School of the Arts
1725 Echo Lake Dr
Distance between this listing and this school2.96 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Alternative Program Central
1041 45th St
Distance between this listing and this school2.07 miles
Public District Grades 4-12
9
/10
Alexander W Dreyfoos Junior School of the Arts
501 S Sapodilla Ave
Distance between this listing and this school2.44 miles
Public Magnet Grades 9-12
6
/10
Inlet Grove Community High School
600 W 28th St
Distance between this listing and this school3.64 miles
The neighbors living near this home have an average income of $216,931. Residents of Palm Beach, FL typically earn $200k+ each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 240 El Dorado Ln
What is the listing price of this property?
The listing price of 240 El Dorado Ln property is $7,750,000.
What type of property is this?
The property 240 El Dorado Ln is a house located in Palm Beach, Florida, 33480.
Is this property for sale now?
Active Listing: 240 El Dorado Ln 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 $36,152 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 9, 2017 for $2,400,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 240 El Dorado Ln has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 240 El Dorado Ln is 2,795 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 240 El Dorado Ln is 1960.
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 240 El Dorado Ln in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 2,795 square foot home was built in 1960. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $7,750,000.
Over 0 listings were sold over their listed price in October 2024 in Palm Beach, FL. In the same period over 12 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Palm Beach, FL increased by 19.1% between September 2024 and October 2024. In October 2024 median list price was $1,275,000 and the average listing age was 116 days.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
PGA/LPGA
PGA/LPGA
Men's Tennis
Hiking/backpacking
Chico's
Bloomingdales
Nordstrom Rack
Bonefish Grill
Chipotle
California Pizza Kitchen
Cadillac
Lexus
Mazda
Classical
News
Rock