by Global Lifestyle Properties

See Home Value
$4,675,000
● House - Off Market

273 Bahama Lane

Palm Beach, FL 33480
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,748 Ft²
$6,351,666
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

This classic North End Bermuda home was architecturally designed on a tiered lot with the lowest levels at 15'elevation and highest point at 23' elevation. Between its high elevation and coral ridge setting, this house requires no flood insurance (FEMA flood zone X) despite being steps from the ocean and intracoastal. Completely renovated in 2014, this home includes sleek, open interiors, vaulted tongue and groove ceilings, and original oak floors. The renovations also include a stunning custom kitchen with milk glass backsplash and eat in nook, quartzite counters, two dishwashers and top of the line appliances. LED lighting illuminates the kitchen and great room. The great room contains a custom-made island topped with antique southern yellow pine, housing two wine refrigerators and a bar. Appliances also include one ice maker and one beverage fridge for entertaining. All living spaces open to the kitchen, dining room, 3 outdoor patio areas and pool.  With 5 bedrooms, 3 en-suites, and 2 guest suites with Jack and Jill bath, this is the perfect family or vacation home.  All bathrooms are marble with cast iron bathtubs. The roof is new and hurricane-strapped.  Features also include an oversized two car garage, full impact glass, 48KW gas generator (powers entire house), full home water filtration system, central vacuum, access point in garage to install electric car charging station, two Rinnai tankless water heaters and extra-thick copper pipes for incredible water pressure, USB outlets throughout the home and a full-house cell phone booster.  A bonus room makes great storage and doubles as a craft room for kids and central access for the entire home's internet, cable and audio equipment. The outside balcony is constructed of dense Brazilian Ipe wood. Incredible ocean breeze at this elevation!  An outdoor shower after a visit to the beach completes this home's spa-like features. They thought of everything!
Unit Size
3,748 Ft²
Days on Market
415 days
Land Size
0.24 acres
Price per sqft
$1,267
Property Type
House
Property Taxes
$2,551
HOA Dues
-
Year Built
1960

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Last updated: 4 months ago (Beaches MLS #R10560390)

Price History

Date / Event Date Event Price
Nov 17, 2020 Sold
Sold
Sep 11, 2019 Listed by Tina Fanjul Associates, Inc. $4,750,000
Listed by Tina Fanjul Associates, Inc.
Jul 12, 2013 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 20
  • Roof Shape Type: 6
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 875
  • Parking Space Count: 3
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,385
  • Lot Size Depth Feet: 90
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 4,375
  • Gross Building Area: 4,375
  • Building Area: 3,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,386
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAHAMA ADD
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: BAHAMA ADD W 101 FT OF LT 10 & E 10 FT OF LT 11

Neighborhood

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

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: 123
  • Parcel: 50-43-43-10-02-000-0100
  • Lot: 10,11
  • Meridian: SEC 10 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7464
  • Longitude: -80.0403

    Address

  • Full Address: 273 Bahama Ln
  • Address - House Number: 273
  • Address - Street Name: Bahama
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 3307
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 3,798
  • Tax Year: 2022
  • Tax Amount: $5,380,625
  • Tax Rate Code Area: 50411

    Appraisal Valuation

  • Standard Deviation: 0.2419
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 7,562,117
  • High Value: 9,392,092
  • Low Value: 5,732,142

    Market Valuation

  • Market Total Value: $5,894,082
  • Market Land Value: $4,893,364
  • Market Improvement Value: $1,000,718

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,456,171

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200439188
  • Previous Sale Recording Date: Jul 12, 2013
  • Previous Sale Contract Date: Jul 10, 2013
  • Previous Sale Amount: $2,210,000
  • 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 Bahama


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Frequently Asked Questions

When was property at 273 Bahama Lane built and last sold?
The property at 273 Bahama Lane was built in 1960 and last sold on Oct 30, 2020 for $4,675,000.
How much is this home worth?
The estimated value of the home located at 273 Bahama Lane is $4,797,500.
What are some comparable homes to 273 Bahama Lane?
There are currently no comparable homes to 273 Bahama Lane.