See Home Value
$6,257,985*
House - Off Market

501 Palm Dr

Hallandale, FL 33009
bedrooms
3 Beds
bathrooms
4 Baths
square feet
6612 Sqft
$3,866,000 - $4,724,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
Sold May 14, 2021
$4,750,000
$3,500,000 by Els Holdings Llc
Mortgage Due Mar 01, 2025
Sold Jul 05, 2018
$3,125,000

About This Property

An exceptional Golden Isles estate offering 42,373 sq ft, near 1 acre of prime serene water front real estate. Encompassing 558 ft of waterfront, located on a point lot, this is a  boat and water enthusiasts dream offering.  Spectacular depth allowing unique design opportunities, and the LARGEST piece of land in all of Golden Isles. This unique piece of land can be subdivided or kept as one. Enjoy sunsets and panoramic views from this gorgeous property offering waterfront living at its finest! Neighboring  2,318 sq ft lot included in the sale giving the total of 42,373 sqft. SEE URL FOR MOVIE*

The manager has listed the unit size as 6612 square feet.
Unit Size
6,612Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$650
Property Type
House
Property Taxes
$6,467
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Nov 8, 2022 Listed $12,000,000
Listed
Welcome to the most unique development opportunity in South Florida. Located in the exclusive gated community of Golden Isles, this trophy property features 1 Acre subdivided into 3 parcels and a total of 570 FT Of water frontage. BRAND NEW concrete sea wall just completed, permit approved ready to start construction. Architectural plans by top 20 Renowned architect Jose Sanchez from Praxis Architecture are available. Golden isles is home to the deepest water canals in all of broward…
May 14, 2021 Sold $4,750,000
Sold
Jan 6, 2020 No longer available -
No longer available
Jul 5, 2019 No longer available -
No longer available
Jul 1, 2019 Listed $4,295,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,102
  • Lot Size Frontage Feet: 372
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: GOLDEN ISLES SEC A REV PLAT
  • Land Acres: 0.37
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: GOLDEN ISLES SEC A REV PLAT BLK 1 43-37 B A POR LOT 39 & PT OF TR K DESC AS: COMM AT NW COR OF SE1/4 OF NW1/4 OF SEC 26-51-42, E ALG N/L OF S1/2 OF N1/2 OF SAID SEC 26, 2250,S 775 TO P/C,SLY & SWLY 337.88,NW 35 TO P/C,SWLY 539.77, SE 385.42 TO P/C &

Ownership

  • Current Owner : PALM POINT PARADISE LLC
  • Previous Owner : ANGEL HOLDINGS LLC
  • Owner Before Previous Owner: SURLOFF CHERI
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 100103

Zoning

  • Zoning: RS-5

Geography

  • District: 2513O
  • Subdivision Tract Number: K
  • Parcel: 51-42-26-04-0020
  • Block: 1
  • Lot: 39
  • Meridian: SEC 26 TWN 51S RNG 42E
  • Municipality: HALLANDALE BEACH
  • Latitude: 25.9814
  • Longitude: -80.1233

    Address

  • Full Address: 501 Palm Dr
  • Address - House Number: 501
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Hallandale Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 6533
  • Zip Code: 33009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,786
  • Tax Rate Code Area: 2513O

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,500,000
  • First Open Lien Mortgage Lender: ELS HOLDINGS LLC
  • First Open Lien Mortgage Recording Date: Aug 23, 2023
  • First Open Lien Mortgage Loan Amount: $3,500,000
  • First Open Lien Mortgage Term: 18
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2025

    Market Valuation

  • Market Total Value: $1,610,200
  • Market Land Value: $1,610,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,610,200
  • Assessed Land Value: $1,610,200

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11835098497
  • Current Sale Price: $4,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117272014
  • Previous Sale Recording Date: Jul 05, 2018
  • Previous Sale Contract Date: Jun 19, 2018
  • Previous Sale Amount: $3,125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL HOLDINGS LLC
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $5,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • Second Mortgage Lender: RBI MORTGAGES LLC
  • Second Mortgage Transaction Date: May 14, 2021
  • Second Mortgage Loan Amount: $125,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3 Baths
3,388 ft²
$1,225/ft²
$4,150,000 Mar 10, 2022
-
-
Condo
3 Beds
3 Baths
3,388 ft²
$1,357/ft²
$4,596,900 Mar 10, 2022
-
-
Condo
3 Beds
3 Baths
3,388 ft²
$1,423/ft²
$4,822,125 Mar 10, 2022
-
-
Condo
3 Beds
3 Baths
3,388 ft²
$1,079/ft²
$3,654,500 Mar 10, 2022
-
-
Condo
3 Beds
3 Baths
3,388 ft²
$1,061/ft²
$3,596,250 Mar 10, 2022
-
-
Condo
3 Beds
3 Baths
3,388 ft²
$1,046/ft²
$3,543,750 Mar 10, 2022
-
-
Condo
3 Beds
3 Baths
3,388 ft²
$1,023/ft²
$3,465,000 Mar 10, 2022
-
-
Condo
3 Beds
3.5 Baths
2,913 ft²
$1,655/ft²
$4,822,000 May 3, 2022
-
$3,137/mo
House
4 Beds
4 Baths
3,029 ft²
$1,172/ft²
$3,550,000 Aug 29, 2022
-
$3,371/mo
Condo
3 Beds
3.5 Baths
2,530 ft²
$1,403/ft²
$3,550,000 Feb 11, 2023
-
$3,537/mo
Condo
3 Beds
3.5 Baths
-
$3,650,000 Sep 15, 2022
-
$3,114/mo
Condo
3 Beds
3.5 Baths
-
$5,040,000 Jan 7, 2023
-
$3,350/mo

About Hallandale Beach


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Frequently Asked Questions

When was property at 501 Palm Drive built and last sold?
The property at 501 Palm Drive was built in and last sold on May 13, 2021 for $4,750,000.
How much is this home worth?
The estimated value of the home located at 501 Palm Drive is $12,120,000.
What are some comparable homes to 501 Palm Drive?
There are currently no comparable homes to 501 Palm Drive.

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