Check Availability

247 Miraflores Drive

247 Miraflores Drive, Palm Beach, FL 33480
Property in El Paraiso
Sold Jun 01, 2017
$2,900,000
$5,000,000 by Midfirst Bank
Mortgage Due Jul 01, 2051
247 Miraflores Drive has been categorized by the local assessors in Palm Beach, FL as a residential type of property. The building on the property was first built in 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1980. Residents will have access to 3 full bathrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 247 Miraflores Drive has 2,564 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 120 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 12,280 square feet.

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 garage for those who require parking. The garage measured 308 sqft. According to our sources, there is one available parking space. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ 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 brick. While the interior walls have been made of plaster. The inside of the home is being cooled with 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, 247 Miraflores Drive sold most recently in May 26, 2017 for a total of $2,900,000. If you work out the math, that's approximately a cost of $1,131.05 per sqft. 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 $58,036 in taxes each year. 247 Miraflores Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,930,898. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1955
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Full Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,280
  • Lot Size Depth Feet: 120
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,564
  • Gross Building Area: 2,872
  • Building Area: 2,564
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,564
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EL PARAISO IN
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EL PARAISO LTS 14 & 15

Ownership

  • Current Owner : OPPENHEIM LAETITIA
  • Previous Owner : DAMATO MARGARET P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: 132
  • Parcel: 50-43-43-14-03-000-0140
  • Lot: 14,15
  • Meridian: SEC 14 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.732
  • Longitude: -80.0393

    Address

  • Full Address: 247 Miraflores Dr
  • Address - House Number: 247
  • Address - Street Name: Miraflores
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 3617
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 2,780
  • Tax Year: 2022
  • Tax Amount: $58,036
  • Tax Rate Code Area: 50411

    Open Liens

  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $5,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $4,727,800
  • Market Land Value: $4,727,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,930,898

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: Jun 01, 2017
  • Current Sale Transaction ID: 1588652759
  • Current Sale Price: $2,900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170195152

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 01, 2017
  • First Mortgage Loan Amount: $2,320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

About El Paraiso



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 214 33rd Street, West Palm Beach, FL, 33407

$7,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,696 ft²
214 33rd Street, West Palm Beach, FL, 33407 Listing by Kevin M Spina
Unit for rent at 550 Okeechobee Boulevard, West Palm Beach, FL, 33401

$6,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,582 ft²
550 Okeechobee Boulevard #410, West Palm Beach, FL, 33401 Listing by Tierney E. O'Hara
Unit for rent at 701 S Olive Avenue, West Palm Beach, FL, 33401

$7,500 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,858 ft²
701 S Olive Avenue #928, West Palm Beach, FL, 33401 Listing by Lori Cronican
Unit for rent at 1200 S Flagler Drive, West Palm Beach, FL, 33401

$7,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,247 ft²
1200 S Flagler Drive #202, West Palm Beach, FL, 33401 Listing by Jason Haverkamp
Unit for rent at 801 S Olive Avenue, West Palm Beach, FL, 33401

$7,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,333 ft²
801 S Olive Avenue #1620, West Palm Beach, FL, 33401 Listing by Laura M Levine
Unit for rent at 234 Oleander Avenue, Palm Beach, FL, 33480

$7,500 /mo

  • 2 Beds
  • 1 Bath
  • 803 ft²
234 Oleander Avenue #1, Palm Beach, FL, 33480 Listing by Jeffrey A. Cloninger

Frequently Asked Questions

What neighborhood is 247 Miraflores Drive located in?
The 247 Miraflores Drive is a located in the neighborhood of El Paraiso in El Paraiso, Palm Beach.
What is the average sales price for listings in 247 Miraflores Drive?
The average sales price for units in 247 Miraflores Drive is $0 currently.

Quantcast