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5400 Essex Ct, West Palm Beach, FL, 33405

$21,500,000

Land

Location

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Property Highlights

WaterfrontIntracoastal
ViewIntracoastal
MLS #RX-11038920
StatusActive

About 5400 Essex Ct

Prime buildable waterfront lot opportunity in the sought-after South of Southern neighborhood of West Palm Beach, Florida. This massive 1.2+/- acre property offers unobstructed, wide water views of the Intracoastal Waterway directly across South Flagler Drive, complete with riparian rights. Available for the first time in decades, this property presents a rare chance for developers or discerning buyers to build a bespoke estate on South Flagler Drive, within an iconic waterfront compound. Perfectly located near Palm Beach Island, PBI Airport, premier shopping, dining, and more.

Property Details

Property Features

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Dovi Ettedgui

Exterior Features

Exterior Information:

  • Waterfront: Intracoastal
  • View: Intracoastal

Virtual/3D Tour

  • Virtual Tour: 5400 Essex Ct
Virtual Tour

Lot Features

Lot Information:

  • Lot: Paved, Sidewalk

Other

Directions Information:

  • Directions: South Olive Ave to Essex Court.

Price Information

Listing Price Info

Price Summary:

  • List Price: $21,500,000

Tax Information:

  • Annual Amount: $24,181
  • 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

$395.6K

Med. Price/SqFt

$272

Avg. Days On Market

72

# of Sold Homes

196

5400 Essex Ct vs West Palm Beach

1 DAY ON ROCKET

-71 Days

$21,500,000

+$21.1M More

KEY TAKEAWAY

This property is $21.1M more than the Median Sold Price in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11038920

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Dovi Ettedgui

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: 11/21/2024, 3:20:48 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

YEARPROP. TAXASSESSMENT
2020$24,181$1,130,218
2019$23,845$1,104,807
2018$22,766$1,084,207
2017$22,575$1,061,907

History based on county public records data.

Payment Calculator

$107.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$64.5K

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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-164641
5
/10
  • Palmetto Elementary School

  • 5801 Parker Ave

  • 0.84 miles

  • Public Magnet Grades PK-5

school-card-donut-164642
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-164643
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 1.65 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. The majority of West Palm Beach, FL residents have income between $100k-200k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5400 Essex Ct

What is the listing price of this property?

The listing price of 5400 Essex Ct property is $21,500,000.

What type of property is this?

The property 5400 Essex Ct is land located in West Palm Beach, Florida, 33405.

Is this property for sale now?

Active Listing: 5400 Essex Ct 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 $24,181 (source: MLS/based on county public records data).
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Rocket HomesFloridaPalm Beach CountyWest Palm Beach334055400 Essex Ct

This home is located at 5400 Essex Ct in West Palm Beach, FL and zip code 33405 in the South Flagler Drive neighborhood. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $21,500,000.

In October 2024 more than 16 listings in West Palm Beach, FL were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 153 were sold below. 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.

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