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2433 South Flagler Drive

2433 South Flagler Drive, West Palm Beach, FL 33401
Property in El Cid
Sold Mar 20, 2015
$3,814,991
$2,000,000 by Citibank Na
Mortgage Due Apr 01, 2045
Sold May 23, 2014
$3,600,000
$2,400,000 by Bny Mellon Na
Mortgage Due Jun 01, 2044
2433 South Flagler Drive has been categorized by the local assessors in West Palm Beach, FL as a residential type of property. The building on the property was first built in 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2433 South Flagler Drive has 5,460 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,680 ft and across the front of the lot is 940 ft. The area measurement of the land has been determined as 15,625 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable or hip style roof made of tile. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2433 South Flagler Drive sold most recently in Mar 19, 2015 for a total of $3,814,991. If you work out the math, that's approximately a cost of $632.67 per sqft. Before that, the property was also sold for $3,600,000 in May 22, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $53,680 in taxes each year. 2433 South Flagler Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,334,874. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Slate
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,625
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 940
  • Total Building Area: 6,030
  • Gross Building Area: 6,030
  • Building Area: 5,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,460
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EL CID SECOND ADDITION
  • Land Acres: 0.359
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: EL CID SECOND ADDITION LT 12 BLK 13

Ownership

  • Current Owner : TANNE FREDERICK
  • Previous Owner : RAFFERTY NICHOLAS K
  • Previous Owner 2: RAFFERTY CAROLINE CUMMINGS
  • Owner Before Previous Owner: 2433 SOUTH FLAGLER LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 002702

Zoning

  • Zoning: SF14-C5

Geography

  • Assessors Map Reference: 163
  • Parcel: 74-43-43-27-22-013-0120
  • Block: 13
  • Lot: 12
  • Meridian: SEC 27 TWN 43S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.6917
  • Longitude: -80.0501

    Address

  • Full Address: 2433 S Flagler Dr
  • Address - House Number: 2433
  • Street Direction: S
  • Address - Street Name: Flagler
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C032
  • 4-Digit Zip Code: 8011
  • Zip Code: 33401

Valuation

    Tax

  • Total Area: 5,495
  • Tax Year: 2023
  • Tax Amount: $53,680
  • Tax Rate Code Area: 74402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Mar 20, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2045

    Market Valuation

  • Market Total Value: $8,075,021
  • Market Land Value: $3,562,176
  • Market Improvement Value: $4,512,845

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,334,874

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2015
  • Current Sale Recording Date: Mar 20, 2015
  • Current Sale Transaction ID: 1160035380
  • Current Sale Price: $3,814,991
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20150101146
  • Previous Sale Recording Date: May 23, 2014
  • Previous Sale Contract Date: May 22, 2014
  • Previous Sale Amount: $3,600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Mar 20, 2015
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BNY MELLON NA
  • Previous Mortgage Transaction Date: May 23, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About El Cid



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Frequently Asked Questions

What neighborhood is 2433 South Flagler Drive located in?
The 2433 South Flagler Drive is a located in the neighborhood of El Cid in El Cid, West Palm Beach.
What is the average sales price for listings in 2433 South Flagler Drive?
The average sales price for units in 2433 South Flagler Drive is $0 currently.

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