by Global Lifestyle Properties

See Home Value
Palm Beach 33480
240 Jungle Road
$8,200,000
● House - Off Market

240 Jungle Road

Palm Beach, FL 33480
bedrooms
6 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
6,150 Ft²
$12,520,896
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Landmarked Maurice Fatio in the Estate Section of Palm Beach. Built in 1930 in the Mediterranean Revival style and owned by the architect when built. The half-timbered facade is an unusual feature for the style, yet it is a good example of the work of the master architect. The 3rd floor tower is designed as a mirador with casement windows giving views of the Atlantic Ocean and the Intracoastal. The home sits high on a nicely elevated lot of nearly 1/2 acre. Many original details, including the flooring, remain to be restored or renovated. The large, covered loggia has pecky cypress ceiling, seating & dining areas, a wet bar, cabana powder room, all surrounding the large pool. A 2BR/1BA guest apartment over the garage w/efficiency kitchen. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property.  The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information.  Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence.  Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase.  Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller.  "No Commissions Paid until Title Passes."  Copyright 2018 Listing Company. All Rights Reserved.
Unit Size
6,150 Ft²
Days on Market
256 days
Land Size
0.46 acres
Price per sqft
$1,341
Property Type
House
Property Taxes
$8,438
HOA Dues
-
Year Built
1930

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R10408203)

Price History

Date / Event Date Event Price
Jul 26, 2021 Sold
Sold
Jun 7, 2019 Sold
Sold
Nov 13, 2018 Sold
Sold
Feb 22, 2018 Listed by Premier Estate Properties, Inc $8,250,000
Listed by Premier Estate Properties, Inc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 7
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 693
  • Parking Space Count: 2
  • Patio Type: 14
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,998
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 6,874
  • Gross Building Area: 6,874
  • Building Area: 5,521
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,521
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACREAGE & UNREC
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 26-43-43~ W 125 FT OF E 515 FTOF S 175 FT OF N 752.5 FT OF S 1/2 OF GOV LT 2 W OF COUNTY RD

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003514

Zoning

  • Zoning: R-A

Geography

  • Assessors Map Reference: 164
  • Parcel: 50-43-43-26-00-002-0350
  • Block: 2
  • Lot: 2
  • Meridian: SEC 26 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.6913
  • Longitude: -80.0373

    Address

  • Full Address: 240 Jungle Rd
  • Address - House Number: 240
  • Address - Street Name: Jungle
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 4812
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 5,747
  • Tax Year: 2023
  • Tax Amount: $20,925,409
  • Tax Rate Code Area: 50417

    Market Valuation

  • Market Total Value: $14,762,899
  • Market Land Value: $10,231,650
  • Market Improvement Value: $4,531,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,918,775

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210347537
  • Previous Sale Recording Date: Jun 07, 2019
  • Previous Sale Contract Date: Jun 05, 2019
  • Previous Sale Amount: $7,450,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 701 S Olive Avenue, West Palm Beach, FL, 33401

$6,000 /mo

  • 1 Bed
  • 1 Bath
  • 959 ft²
701 S Olive Avenue #119, West Palm Beach, FL, 33401 Listing by Christopher Cronican
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 724 Park Place, West Palm Beach, FL, 33401

$8,250 /mo

  • 4 Beds
  • 3 Baths
  • 3,258 ft²
724 Park Place, West Palm Beach, FL, 33401 Listing by Marisa L DiLenge


Frequently Asked Questions

When was property at 240 Jungle Road built and last sold?
The property at 240 Jungle Road was built in 1930 and last sold on Jul 23, 2021 for $14,000,000.
How much is this home worth?
The estimated value of the home located at 240 Jungle Road is $8,328,460.
What are some comparable homes to 240 Jungle Road?
There are currently no comparable homes to 240 Jungle Road.