When was property at 232 Cherry Lane built and last sold?

The property at 232 Cherry Lane was built in 2020 and last sold on Sep 28, 2020 for $4,300,000.

How much is this home worth?

The estimated value of the home located at 232 Cherry Lane is $2,014,950.

What are some comparable homes to 232 Cherry Lane?

There are currently no comparable homes to 232 Cherry Lane.

Palm Beach

33480

Cherry Lane

232 Cherry Lane

$1,950,000

● Land - Off Market

232 Cherry Lane

Palm Beach, FL 33480

Studio

0 Bath

$3,089,356

RealtyHop Estimate

54.85%

Since Apr 1, 2018

National-US

Primary Model

About This Property

Unique opportunity to renovate or build new home on highly sought after, near north end property. Close to beach access and bicycle trail access. Very high elevation on quiet street.

Unit Size

Days on Market

202 days

Land Size

0.23 acres

Price per sqft

Property Type

Land

Property Taxes

$2,426

HOA Dues

Year Built

2020

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Beaches MLS #R10349283)

Price History

Date / Event	Date	Event
Oct 19, 2020	Sold	Premium
Sold
Mar 6, 2018	Sold	Premium
Sold
Jul 10, 2017	Listed by The Corcoran Group	$1,995,000
Listed by The Corcoran Group
Feb 5, 2014	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 2020

Effective Year Built: 2020
Building Count: 1
Bedroom Count: 5
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 6
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 6
Roof Cover Type: 2
Floor Count: 200
Living Units: 1
Floor Cover: 7
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 462
Parking Space Count: 0
Patio Type: 60
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 10,001

Lot Size Depth Feet: 80
Lot Size Frontage Feet: 1,250
Total Building Area: 4,488
Gross Building Area: 4,488
Building Area: 3,753
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 3,753
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CHERRY LANE
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: CHERRY LANE LT 4

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003507

Zoning

Zoning: R-B

Geography

Assessors Map Reference: 123

Parcel: 50-43-43-10-09-000-0040
Lot: 4
Meridian: SEC 10 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.7384
Longitude: -80.038

Address

Full Address: 232 Cherry Ln

Address - House Number: 232
Address - Street Name: Cherry
Address - Suffix Type: Ln
State: FL
City Name: Palm Beach
Carrier Code: C003
4-Digit Zip Code: 3401
Zip Code: 33480

Valuation

Tax

Total Area: 3,932

Tax Year: 2022
Tax Amount: $6,176,670
Tax Rate Code Area: 50411

Market Valuation

Market Total Value: $6,840,242

Market Land Value: $3,850,000
Market Improvement Value: $2,990,242

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $3,970,411

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Sep 28, 2020

Current Sale Recording Date: Oct 19, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20200388459
Previous Sale Recording Date: Mar 06, 2018
Previous Sale Contract Date: Mar 06, 2018
Previous Sale Amount: $1,950,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Cherry Lane

Stats & Trends

Median Asking:

Sale Price/ft²

Above Asking

0.00%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 406 35th Street, West Palm Beach, FL, 33407

$7,750 /mo

3 Beds
2 Baths
1,835 ft²

406 35th Street, West Palm Beach, FL, 33407 Listing by Alexander Furman

Unit for rent at 184 Sunset Avenue, Palm Beach, FL, 33480

$5,950 /mo

1 Bed
1 Bath
600 ft²

184 Sunset Avenue #303, Palm Beach, FL, 33480 Listing by Nicholas Sliva

Unit for rent at 235 Sunrise Avenue, Palm Beach, FL, 33480

$5,000 /mo

Studio
1 Bath
271 ft²

235 Sunrise Avenue #3044, Palm Beach, FL, 33480 Listing by Gregory Pappas

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: John Scott Pangborn
The Corcoran Group
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10349283

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

232 Cherry Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Cherry Lane

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions