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718 Biscayne Drive

718 Biscayne Drive, West Palm Beach, FL 33401
Property in Flamingo Park
Sold Aug 27, 2020
$751,750
$510,400 by American Financial Network Inc
Mortgage Due Sep 01, 2050
Sold Aug 23, 2004
$680,000
$536,000 by The New York Mortgage Company
Mortgage Due Sep 01, 2034
718 Biscayne 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 718 Biscayne Drive has 2,080 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 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,264 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 detached garage for those who require parking. The garage measured 324 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a screened 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 flat 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, 718 Biscayne Drive sold most recently in Aug 1, 2020 for a total of $751,750. If you work out the math, that's approximately a cost of $284.32 per sqft. Before that, the property was also sold for $680,000 in Aug 20, 2004. 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 $10,194 in taxes each year. 718 Biscayne Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $522,997. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1925
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 324
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,264
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,644
  • Gross Building Area: 2,644
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,080
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLAMINGO PARK
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FLAMINGO PARK LT 8 BLK 17

Ownership

  • Current Owner : SCHAAD MICHELLE
  • Current Owner 2: SCHAAD BRANDON
  • Previous Owner : DAVIDOW JEROME LEE
  • Previous Owner 2: DAVIDOW BARBARA SUE
  • Owner Before Previous Owner: GASIOR F GREGORY
  • Owner Before Previous Owner 2: OBRADOVICH TIMOTHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 002800

Zoning

  • Zoning: SF14-C2

Geography

  • Assessors Map Reference: 162
  • Parcel: 74-43-43-28-06-017-0080
  • Block: 17
  • Lot: 8
  • Meridian: SEC 28 TWN 43S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.6953
  • Longitude: -80.0591

    Address

  • Full Address: 718 Biscayne Dr
  • Address - House Number: 718
  • Address - Street Name: Biscayne
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C025
  • 4-Digit Zip Code: 7606
  • Zip Code: 33401

Valuation

    Tax

  • Total Area: 2,170
  • Tax Year: 2023
  • Tax Amount: $10,194
  • Tax Rate Code Area: 74402

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 1,399,557
  • High Value: 1,682,124
  • Low Value: 1,116,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Aug 27, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $965,513
  • Market Land Value: $483,240
  • Market Improvement Value: $482,273

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $522,997

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Transaction ID: 11785708496
  • Current Sale Price: $751,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200312164
  • Previous Sale Recording Date: Aug 23, 2004
  • Previous Sale Contract Date: Aug 20, 2004
  • Previous Sale Amount: $680,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Aug 27, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: THE NEW YORK MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: Aug 23, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $536,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2034

About Flamingo Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 860 ft²
Listing by Ana Bissone Begue

Frequently Asked Questions

What neighborhood is 718 Biscayne Drive located in?
The 718 Biscayne Drive is a located in the neighborhood of Flamingo Park in Flamingo Park, West Palm Beach.
What is the average sales price for listings in 718 Biscayne Drive?
The average sales price for units in 718 Biscayne Drive is $0 currently.

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