new - 5 days on rocket

284 Monterey Rd, Palm Beach, FL, 33480

$12,750,000

3 Bedrooms
3 Full Baths, 1 Partial
2,551 SqFt
$4,998/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Attached
Attached Garage1 space
Year Built1948
HeatingCentral
CoolingCentral Air
WaterfrontNone, Ocean Access
FireplaceFireplace(s)
Private PoolYes
MLS #RX-11029339
StatusActive

About 284 Monterey Rd

Presenting a stunning Bermuda-style residence, originally designed by Palm Beach master architect Marion Sims Wyeth. This true Palm Beach classic in the highly sought-after North End. This landmark home offers exclusive ocean access and is just steps from the scenic Lake Trail. Every room is bathed in natural light, showcasing the exquisite design and new high-end finishes throughout. Completely transformed by renowned architect Pat Seagraves with SKA Architect, this home features 3 bedrooms and 3 and a half bathrooms. A rare gem offering a wonderful opportunity to experience luxury Palm Beach living at its finest. This home is being offered as a turnkey, move-in ready home. The most discerning buyers will be in awe of the fit and finishes in this gorgeous home. Every inch has been

Property Details

Property Features

Property Information:

  • Architectural Style: Other Arch
  • Year Built: 1948
  • Stories: 1
  • Living Area: 2,551 SqFt

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Michael Costello

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Washer
  • Flooring Type: Wood Floor
  • Interior: Fireplace(s), Foyer
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None, Ocean Access
  • Exterior: Open Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 284 Monterey Rd
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Palm Beach Lakes High School, Public Magnet Grades PK-12
  • Conniston Middle School, Public Magnet Grades 6-8
  • Palm Beach Public School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: North Ocean Blvd to Monterey Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,750,000
  • Price Per SqFt: $4,998/SqFt

Tax Information:

  • Annual Amount: $17,257
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$791

Avg. Days On Market

112

# of Sold Homes

11

284 Monterey Rd vs Palm Beach

5 DAYS ON ROCKET

-107 Days

$12,750,000

+$11.4M More

$4,998/SqFt

+$4.2K More

KEY TAKEAWAY

This property is $11.4M more than the Median Sold Price and $4.2K/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-11029339

Listing Office:

  • Office Name: Compass Florida LLC (PB)
  • Office Phone: (305) 851-2820
  • Listing Agent: Michael Costello

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: 10/23/2024, 1:20:50 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

May 24, 2010Home Sold
$1,400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$17,257$1,030,076
2019$17,215$1,006,917
2018$16,377$988,142
2017$16,362$967,818

History based on county public records data.

Payment Calculator

$63.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$38.2K

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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.

Elementary School

school-card-donut-925121
7
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 3.14 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-925122
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 5.30 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-925123
2
/10
  • Palm Beach Lakes High School

  • 3505 Shiloh Dr

  • 4.08 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $216,931. The majority of Palm Beach, FL residents have income $200k+ annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 284 Monterey Rd

What is the listing price of this property?

The listing price of 284 Monterey Rd property is $12,750,000.

What type of property is this?

The property 284 Monterey Rd is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 284 Monterey Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 284 Monterey Rd are:
Palm Beach Public School: GreatSchools Rating 7/10
Conniston Middle School: GreatSchools Rating 4/10
Palm Beach Lakes High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $17,257 (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 24, 2010 for $1,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 284 Monterey Rd has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 284 Monterey Rd is 2,551 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 284 Monterey Rd is 1948.
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Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›284 Monterey Rd

This home is located at 284 Monterey Rd in Palm Beach, FL and zip code 33480 in the North End neighborhood. This 2,551 square foot home was built in 1948. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $12,750,000.

In September 2024, from all listings sold in Palm Beach, FL there were more than 0 sold above asking price, over 10 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Palm Beach, FL between August 2024 and September 2024 increased by 14.1%. Listings spent 112 days on the market in September 2024, and had a median list price of $1,252,012 during the same period.

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

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