by Global Lifestyle Properties

See Home Value
$3,873,450
● House - Off Market

345 Murray Road

West Palm Beach, FL 33405
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,751 Ft²
$4,108,765
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Welcome to 345 Murray, a rare gem tucked into the heart of coveted ''SoSo'', on one of the most sought after streets South of Southern and East of Dixie in West Palm Beach.

Featuring 5 bedrooms plus a private office, 5.5 bathrooms, and a heated pool with a zen waterfall, 345 Murray has 4751 square feet of total living space, including a covered outdoor loggia off the pool - perfect for al fresco dining.

The Key West style exterior was completely reimagined and upgraded by award winning landscape architect Todd Maclean this Fall 2021, with the new design drastically enhancing curb appeal, expanding the front yard off the pool, adding significant privacy, and allowing for full, convenient use of the oversized 2 car garage. Originally built in 2009, this residence also underwent a premium interior renovation starting this past Spring and concluding just in the past month, including new floors, a new kitchen, a new bar area, and more.

The ground floor great room is a large continuous space made up of a proper cocktail bar, a formal living room, and a formal dining room - all sitting under exceptionally high 15 foot ceilings with french doors that open out to the pool area.

The beautifully redone bar boasts a just-installed leather marble backsplash and countertop and sits off the living area, creating the perfect space for formal entertaining.

The fully remodeled kitchen features brand new top-of-the-line Fulgor Milano and Liebherr appliances and quartz countertops, and opens up to the family room which sits off the pool and can double as a TV room for movie night or serve as a more casual entertainment option.

Five generous bedrooms lie upstairs, all with en suite baths, and 9 foot high ceilings. All but one guest room features it's very own walk-in closet. The master suite also includes his and hers walk-in closets, a stand-alone bathtub, and a joint rainfall shower that tastefully connects the separate his and her bathrooms.

You can not beat the location. The home sits right around the corner from the brand new upcoming restaurant concept, "The SoSo", and is only seconds away from S Flagler Drive - one of the most beautiful recreational trails in South Florida.

The fully staged home includes the option to separately purchase the furniture with the home, making this a truly turn-key and move-in ready opportunity.

Asking $3,990,000.
Unit Size
4,751 Ft²
Days on Market
91 days
Land Size
0.14 acres
Price per sqft
$840
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
2009

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Beaches MLS #R10763053)

Price History

Date / Event Date Event Price
Mar 24, 2022 Sold
Sold
Dec 6, 2021 Listed by Compass Florida, LLC (PB) $3,990,000
Listed by Compass Florida, LLC (PB)
Sep 9, 2021 Sold
Sold
Mar 3, 2021 Sold
Sold
Jan 18, 2021 Listed by Compass Florida, LLC (PB) $1,450,000
Listed by Compass Florida, LLC (PB)
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 6
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,299
  • Lot Size Depth Feet: 120
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,751
  • Gross Building Area: 4,751
  • Building Area: 3,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,856
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LAKEWOOD LT 5 BLK C

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003400

Zoning

  • Zoning: SF14

Geography

  • Assessors Map Reference: 196
  • Parcel: 74-43-44-03-10-003-0050
  • Block: C
  • Lot: 5
  • Meridian: SEC 03 TWN 44S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.6701
  • Longitude: -80.0542

    Address

  • Full Address: 345 Murray Rd
  • Address - House Number: 345
  • Address - Street Name: Murray
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C018
  • 4-Digit Zip Code: 2919
  • Zip Code: 33405

Valuation

    Tax

  • Total Area: 4,040
  • Tax Year: 2022
  • Tax Amount: $2,319,208
  • Tax Rate Code Area: 74982

    Appraisal Valuation

  • Standard Deviation: 0.2732
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 60
  • Final Value: 4,192,725
  • High Value: 5,338,389
  • Low Value: 3,047,062

    Market Valuation

  • Market Total Value: $1,086,742
  • Market Land Value: $374,080
  • Market Improvement Value: $712,662

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,086,742

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 126302
  • Previous Sale Recording Date: Sep 09, 2021
  • Previous Sale Contract Date: Sep 02, 2021
  • Previous Sale Amount: $2,590,000
  • 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 Lakewood


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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
Unit for rent at 129 Alhambra Place, West Palm Beach, FL, 33405

$7,500 /mo

  • 4 Beds
  • 3 Baths
  • 3,168 ft²
129 Alhambra Place, West Palm Beach, FL, 33405 Listing by Daniel Ekerold PA
Unit for rent at 125 Gregory Place, West Palm Beach, FL, 33405

$6,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,444 ft²
125 Gregory Place, West Palm Beach, FL, 33405 Listing by Maria Ryan


Frequently Asked Questions

When was property at 345 Murray Road built and last sold?
The property at 345 Murray Road was built in 2009 and last sold on Mar 4, 2022 for $3,873,450.
How much is this home worth?
The estimated value of the home located at 345 Murray Road is $3,934,571.
What are some comparable homes to 345 Murray Road?
There are currently no comparable homes to 345 Murray Road.