by Global Lifestyle Properties

See Home Value
Palm Beach 33480
220 Arabian Road
$6,750,000
● House - Off Market

220 Arabian Road

Palm Beach, FL 33480
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,461 Ft²
$7,136,018
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Situated at the north end of Palm Beach, this property is a rare-find investment opportunity with nearby Intracoastal and direct beach access.  Resting on a large 11,200 SQ FT lot and priced at land value, the structure features a brand-new roof and a completely gutted interior, with a massive block-paved driveway and large back yard with a hardscaped dining or lounge area, pool, and lawn. The current state of this listing gives buyers the opportunity (and flexibility) to renovate the existing house or build new. Located on the preferred south side of Arabian Road, this property is an uncommon and unique prospect that guarantees a bang for the buck and has the potential to yield a high return.
Unit Size
2,461 Ft²
Days on Market
26 days
Land Size
0.26 acres
Price per sqft
$2,834
Property Type
House
Property Taxes
$3,523
HOA Dues
-
Year Built
1950

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Last updated: 5 months ago (Beaches MLS #R10807391)

Price History

Date / Event Date Event Price
Apr 1, 2024 Sold
Sold
Dec 6, 2023 Listed by The Corcoran Group $8,900,000
Listed by The Corcoran Group
Rare opportunity for a custom build in Palm Beach's north end with approved ARCOM plans. Price listed is for Land only. Architect Roger Janssen has envisioned a beautiful and thoughtfully designed 6BR/7BA home on this quintessential north end street. Approximate square footage is 4,557 total and 3,711 under air which excludes the garage. Total enclosed is approx. 4,997 which includes 440 sf for garage. Arabian also includes beach access to one of the deepest/most pristine beaches on PB island. This is a rare opportunity you don't want to miss.
Feb 15, 2023 Sold
Sold
Dec 1, 2022 Listed by Compass Florida LLC $8,895,000
Listed by Compass Florida LLC
Jul 6, 2022 Sold
Sold
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Property Highlights

Elevator
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,217
  • Lot Size Depth Feet: 130
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,475
  • Gross Building Area: 2,475
  • Building Area: 2,461
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,461
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BOCA RATONE CO INLET SUB
  • Land Acres: 0000000258
  • Standard Land Use Code: 8000
  • County Land Use Code: 0100
  • Legal Description 1: BOCA RATONE CO INLET SUB E 57 FT OF LT 77 & W 29 FT OF LT 78

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003507

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: 105
  • Parcel: 50-43-42-34-02-000-0772
  • Lot: 77,78
  • Meridian: SEC 34 TWN 42S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7687
  • Longitude: -80.0403

    Address

  • Full Address: 220 Arabian Rd
  • Address - House Number: 220
  • Address - Street Name: Arabian
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 3002
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 2,465
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 50411

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 5,631,407
  • High Value: 6,811,319
  • Low Value: 4,451,496

    Market Valuation

  • Market Total Value: $4,287,231
  • Market Land Value: $3,914,384
  • Market Improvement Value: $372,847

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,831,058

    Sales

  • Current Sale Contract Date: Feb 14, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 52521
  • Previous Sale Recording Date: Jul 06, 2022
  • Previous Sale Contract Date: Jun 30, 2022
  • Previous Sale Amount: $6,750,000
  • Previous Sale Document Type: 71
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 Palm Beach


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Frequently Asked Questions

When was property at 220 Arabian Road built and last sold?
The property at 220 Arabian Road was built in 1950 and last sold on Feb 14, 2023 for $4,600,000.
How much is this home worth?
The estimated value of the home located at 220 Arabian Road is $16,743,898.
What are some comparable homes to 220 Arabian Road?
There are currently no comparable homes to 220 Arabian Road.