by Global Lifestyle Properties

See Home Value
$2,400,000
● House - Off Market

1487 Point Way

North Palm Beach, FL 33408
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,018 Ft²
$15,511
Est. Monthly

About This Property

Welcome to Hidden Key, a boater's paradise located in the heart of North Palm Beach. This property is ideally situated on a quiet cul-de-sac, providing a serene and peaceful setting. With a boat lift conveniently located on the property, you can easily access the Intracoastal Waterway and enjoy endless days of boating and water activities. This property offers the perfect canvas for creating your dream home. The exclusive gated community of Hidden Key features 93 homes and offers easy access to the Intracoastal Waterway and stunning local beaches. With world-class shopping, dining, and Palm Beach International Airport just a short drive away, this is the perfect location to create your dream home. (RENDERING PHOTOS ARE ONLY POTENTIAL BUILD. PRICE DOES NOT INCLUDE NEW HOME.)
Unit Size
2,018 Ft²
Days on Market
164 days
Land Size
0.37 acres
Price per sqft
$1,283
Property Type
House
Property Taxes
$2,793
HOA Dues
-
Year Built
1967

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Beaches MLS #R10944200)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Sold
Dec 19, 2023 Listed by K2 Realty, Inc. (NPB) $2,590,000
Listed by K2 Realty, Inc. (NPB)
Nov 9, 2023 No longer available -
No longer available
Sep 2, 2023 Price Decreased $4,280,000
↓ $710K (14.2%)
Price Decreased
Jun 26, 2023 Listed by Elite Worldwide Realty $4,990,000
Listed by Elite Worldwide Realty
Great opportunity to own this home with 285 FT (+/-) of water frontage on Holmes Harbor, in the desirable gated community of Hidden Key in North Palm Beach. NO HOA!!! This oversized lot possess most of the waterfront cul-de-sac for a private marina with a 16,000 lb. boat lift. Seawall is approx. 7-9 years old. Build the home of your dreams or bring your renovation ideas and make it your own. This home offers 3 BR + DEN / 2.5 BA / 2 CAR GAR + POOL and showcases panoramic water views from the main living areas, metal roof (installed late 2018 - early 2019) and lush landscaping. Hidden Key offers the finest of Florida living, deep water access and is conveniently close to great schools, finest restaurants, shopping malls, art venues and so much more!! The manager has listed the unit size as 2018 square feet.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 4
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,248
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 1,390
  • Total Building Area: 3,374
  • Gross Building Area: 3,374
  • Building Area: 2,018
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,018
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN KEY
  • Land Acres: 0000000373
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: HIDDEN KEY~ LOT 26

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 000507

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 64
  • Parcel: 00-43-42-04-12-000-0260
  • Lot: 26
  • Meridian: SEC 04 TWN 42S RNG 43E
  • Municipality: UNINCORPORATED
  • Latitude: 26.8457
  • Longitude: -80.057

    Address

  • Full Address: 1487 Point Way
  • Address - House Number: 1487
  • Address - Street Name: Point
  • Address - Suffix Type: Way
  • State: FL
  • City Name: North Palm Beach
  • Carrier Code: C043
  • 4-Digit Zip Code: 3250
  • Zip Code: 33408

Valuation

    Tax

  • Total Area: 2,549
  • Tax Year: 2023
  • Tax Amount: $3,351,690
  • Tax Rate Code Area: 221

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 2,075,922
  • High Value: 2,487,411
  • Low Value: 1,664,433

    Market Valuation

  • Market Total Value: $1,865,450
  • Market Land Value: $1,760,000
  • Market Improvement Value: $105,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,865,450
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hidden Key


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 11521 Landing Place, North Palm Beach, FL, 33408

$6,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,130 ft²
11521 Landing Place #E1, North Palm Beach, FL, 33408 Listing by Michael A Gazlay
Unit for rent at 840 Ocean Drive, Juno Beach, FL, 33408

$10,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,295 ft²
840 Ocean Drive #905, Juno Beach, FL, 33408 Listing by John A DelPrete
Unit for rent at 170 Celestial Way, Juno Beach, FL, 33408

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,680 ft²
170 Celestial Way #32, Juno Beach, FL, 33408 Listing by Diana Lynne Reed


Frequently Asked Questions

When was property at 1487 Point Way built and last sold?
The property at 1487 Point Way was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1487 Point Way is $0.
What are some comparable homes to 1487 Point Way?
There are currently no comparable homes to 1487 Point Way.