23 days on rocket

248 E Lakewood Rd, West Palm Beach, FL, 33405

$9,695,000

6 Bedrooms
6 Full Baths, 1 Partial
6,938 SqFt
$1,397/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway
Garage2 spaces
Year Built2021
HeatingCentral
CoolingCentral Air, Zoned
WaterfrontNone
Private PoolYes
MLS #RX-11040092
StatusActive

About 248 E Lakewood Rd

Remarkable New Estate on East Lakewood Road. One of West Palm Beach's most prestigious addresses in the Southend (SoSo) neighborhood. 6,000 square feet of thoughtfully designed living space Situated on 19,700 square feet of rare land offers charm with modern sophistication. The lot size offers you flexiblility for outdoor entertainment and guest house expansion setting the stage for any lifestyle you can imagine. The main house has 6-bedrooms plus an office space, 6-full bathrooms and a powder room. Features includes a first floor Master Bedroom, an open-concept floor plan with beautiful high ceilings, wide plank wood flooring, and exceptional natural light throughout.

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Stories: 2
  • Living Area: 6,938 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (561) 655-8600
  • Listing Agent: Daniel Ekerold

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Refrigerator, Oven, Washer
  • Flooring Type: Wood Floor
  • Interior: Built-in Shelves, Closet Cabinets, Foyer, French Door, Kitchen Island, Laundry Tub, Split Bedroom, Upstairs Living Area, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • Exterior: Auto Sprinkler, Awnings, Covered Balcony, Covered Patio, Fence, Tennis Court, Zoned Sprinkler

Parking Information:

  • Garage Space: 2 spaces
  • Parking: 2+ Spaces, Driveway

Virtual/3D Tour

  • Virtual Tour: 248 E Lakewood Rd
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: East of Olive, South of Southern

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,695,000
  • Price Per SqFt: $1,397/SqFt

Tax Information:

  • Annual Amount: $9,723
  • 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

$399.4K

Med. Price/SqFt

$273

Avg. Days On Market

69

# of Sold Homes

188

248 E Lakewood Rd vs West Palm Beach

23 DAYS ON ROCKET

-46 Days

$9,695,000

+$9.2M More

$1,397/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $9.2M more than the Median Sold Price and $1.1K/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-11040092

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (561) 655-8600
  • Listing Agent: Daniel Ekerold

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: 12/18/2024, 6:20:52 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

May 20, 2021Home Sold
$4,375,000
Aug 24, 2020Home Sold
$875,000
Jul 15, 2016Home Sold
$675,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,723$448,000
2019$8,870$400,000
2018$8,171$377,663
2017$7,535$343,330

History based on county public records data.

Payment Calculator

$48.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$29.1K

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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-63923
5
/10
  • Palmetto Elementary School

  • 5801 Parker Ave

  • 0.83 miles

  • Public Magnet Grades PK-5

school-card-donut-63924
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-63925
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 1.40 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,132. Residents of West Palm Beach, FL typically earn between $100k-200k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 248 E Lakewood Rd

What is the listing price of this property?

The listing price of 248 E Lakewood Rd property is $9,695,000.

What type of property is this?

The property 248 E Lakewood Rd is a house located in West Palm Beach, Florida, 33405.

Is this property for sale now?

Active Listing: 248 E Lakewood Rd 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 $9,723 (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 20, 2021 for $4,375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 248 E Lakewood Rd has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 248 E Lakewood Rd is 6,938 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 248 E Lakewood Rd is 2021.
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Rocket Homes›Florida›Palm Beach County›West Palm Beach›33405›248 E Lakewood Rd

This home is located at 248 E Lakewood Rd in West Palm Beach, FL and zip code 33405 in the Southside neighborhood. This 6,938 square foot home was built in 2021. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $9,695,000.

Over 17 listings were sold over their listed price in November 2024 in West Palm Beach, FL. In the same period over 146 listings were sold below the listed price and 25 listings were sold for the listed price. In November 2024 in West Palm Beach, FL there were 11.1% more homes for sale than in October 2024. In November 2024 median list price was $399,465 and the average listing age was 69 days.

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

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