Nestled in the prestigious gated Banyan Cay Resort community in the heart of West Palm Beach, this exquisite Cayman model home offers a perfect blend of elegance, comfort, and South Florida luxury living. Crafted by the renowned SobelCo, a trusted homebuilder since 1958, this meticulously maintained residence stands as a testament to superior craftsmanship and design. This home boasts private sunset fountain water views from the expansive backyard, offering an ideal space for creating your own outdoor oasis. The open floor plan is accentuated by soaring ceilings that flood the space with natural light and beautiful hardwood flooring throughout. The designer kitchen is a chef's dream, featuring upgraded cabinetry, an ultra-large island and high-end appliances. Each bedroom in this home...
Property Details
Property Features
Property Information:
Architectural Style: < 4 Floors
Year Built: 2021
Stories: 1
Living Area: 2,555 SqFt
Listing Office:
Office Name: Douglas Elliman (Palm Beach)
Office Phone: (561) 655-8600
Listing Agent: Christopher Cronican
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
Directions: I-95, exit #74, 45th St. Right onto Congress Blvd. Left onto Banyan Cay Drive. Take the 2nd exit off the circle, Fescue Point to gate guard. Right onto Gin Berry Way
Price Information
Listing Price Info
Price Summary:
List Price: $1,195,000
Price Per SqFt: $468/SqFt
HOA Fees:
Amount: $512
Frequency: Monthly
Tax Information:
Annual Amount: $2,400
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in West Palm Beach, FL.
This property is $799.3K more than the Median Sold Price and $195/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-11028959
Listing Office:
Office Name: Douglas Elliman (Palm Beach)
Office Phone: (561) 655-8600
Listing Agent: Christopher Cronican
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: 11/22/2024, 1:16:06 AM 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
Jul 22, 2021
Jul 22, 2021Home Sold
$705,140
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,400
$110,000
2019
$2,195
$99,000
2018
$1,947
$90,000
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.
$6,544
Per Month
Principal & Interest
$5,965
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)
$512
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
$3,649
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
4
/10
Westwad Elementary School
1101 Golf Ave
Distance between this listing and this school1.40 miles
Public Magnet Grades PK-5
1
/10
Roosevelt Elementary School
1220 15th St
Distance between this listing and this school1.63 miles
Public Magnet Grades PK-5
4
/10
Northmore Elementary School
4111 N Terrace Dr
Distance between this listing and this school1.66 miles
Public District Grades PK-5
Nearby Schools
10
/10
Bak Middle School of the Arts
1725 Echo Lake Dr
Distance between this listing and this school0.69 miles
Public Magnet Grades 6-8
2
/10
Bear Lakes Middle School
3505 Shenandoah Rd
Distance between this listing and this school1.32 miles
Public Magnet Grades 6-8
2
/10
University Preparatory Academy Palm Beach
2101 N Australian Ave
Distance between this listing and this school1.38 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Palm Beach Lakes Community High School
3505 Shiloh Dr
Distance between this listing and this school1.54 miles
Public Magnet Grades 9-12
2
/10
Alternative Program Central
1041 45th St
Distance between this listing and this school1.58 miles
Public District Grades 4-12
1
/10
Florida Futures Academy North Campus
1760 N Congress Ave
Distance between this listing and this school2.56 miles
The neighbors living near this home have an average income of $62,788. The majority of West Palm Beach, FL residents have income between $35k-100k annually. The majority of 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 2850 Gin Berry Way
What is the listing price of this property?
The listing price of 2850 Gin Berry Way property is $1,195,000.
What type of property is this?
The property 2850 Gin Berry Way is a house located in West Palm Beach, Florida, 33401.
Is this property for sale now?
Active Listing: 2850 Gin Berry Way 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 $2,400 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 22, 2021 for $705,140. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2850 Gin Berry Way has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 2850 Gin Berry Way is 2,555 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2850 Gin Berry Way is 2021.
This home is located at 2850 Gin Berry Way in West Palm Beach, FL and zip code 33401 in the Presidential Estates neighborhood. This 2,555 square foot home was built in 2021. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $1,195,000.
Over 16 listings were sold over their listed price in October 2024 in West Palm Beach, FL. In the same period over 153 listings were sold below the listed price and 27 listings were sold for the listed price. The number of homes for sale in West Palm Beach, FL increased by 7.1% between September 2024 and October 2024. Listings spent 72 days on the market in October 2024, and had a median list price of $395,666 during the same period.
From Rocket Homes Real Estate and based on county public records data.