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501 Palm Trail, Delray Beach, FL 33483

$7,775,775
Property Type: Residential Bedrooms: 5 Baths: 5.2 Square Footage: 8,668 Status: Closed
Current Price: $7,775,775 List Date: 1/16/2021 Last Modified: 5/11/2022

Description

L I V E. L I F E. W E L L. at 501 Palm Trail. Available for the first time in the highly desired neighborhood of Palm Trail this designer owned estate home boasts nearly 12,000 sqft under roof and over 100' linear feet of direct Intercoastal waters. Luxury details abound with 5 fireplaces, a 2 story walnut library and designer finishes throughout. Enjoy all the dinning, retail, arts and culture of Delray's ''Atlantic Ave'' with miles of award winning beaches all just a short walk from your front door. No detail has been over looked in this transitional and timeless masterpiece. Call to schedule your VIP Tour today!

More Information MLS# RX-10681228

Contract Information

Listing Date: 2020-12-31 Status: Closed Go Active Date: 2021-01-16 Original List Price: 9500000 Auction: No Sold Price: $7,775,775 Current Price: $7,775,775 List Price/SqFt: 1095.98 Comm/Non-Rep: 2.5% Comm/Buyer Agent: 2.5% Comm/Trans Brk: 2.5%

General Property Description

Type: Single Family Detached Governing Bodies: None Main Level Bedrooms: 2 Total Bedrooms: 5 Main Level Bathrooms: 2 Baths - Full: 5 Baths - Half: 2 Baths - Total: 5.2 Property Condition: Resale Year Built: 2010 SqFt - Total: 11891 SqFt - Living: 8668 SqFt Source: Floor Plan Guest House: Yes Gated Community: No Garage Spaces: 3 Covered Spaces: 3 Homeowners Assoc: None Association Deposit: No Membership Fee Required: No Directions: North of Atlantic, South of George Bush Blvd. To Palm Trail Subdivision: S/D OF 9-46-43 IN Legal Desc: S/D OF 9-46-43 N 100 FT OF S 125.25 FT OF E 196.9 FT OF LT 7 W OF FIND CNL R/W & TR LYG E OF W BDRY OF FIND CNL & EXT EL Lot SqFt: 19347 Lot Dimensions: 100x186x101x199 Waterfront: Yes Waterfrontage: 101 Front Exp: West Private Pool: Yes Pets Allowed: Yes Pets on Premises: No Total Floors/Stories: 2

Location, Tax & Legal

Area: 4220 Geo Area: PB06 County: Palm Beach Parcel ID: 12434609390000071 Street #: 501 Street Name: Palm Street Suffix: Trail State/Province: FL Zip Code: 33483 Zoning: R1-AA Tax Year: 2020 Taxes: 98545 Special Assessment: No Short Sale: No Short Sale A/U: N/A Short Sale Addendum: No REO: No HOPA: No Hopa Geo Lat: 26.470832 Geo Lon: -80.06332

Office/Member Info

DXORIGMLNO: RX-10681228 DXORIGMLSID: RML

Status Change Info

Under Contract Date: 2021-03-17 Sold Date: 2021-06-03 Sold Price: $7,775,775 Terms of Sale: Cash Sold Price/SqFt: 897.06

Storm Protection

Impact Glass: Complete Permanent Generator: Whole House

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: Yes

Property Features

Design: Courtyard; Traditional; Other Arch Construction: Block; CBS; Concrete View: Intracoastal Waterfront Details: Intracoastal; No Fixed Bridges; Ocean Access; Seawall Private Pool Description: Heated Lot Description: 1/4 to 1/2 Acre Exterior Features: Awnings; Built-in Grill; Cabana; Covered Balcony; Covered Patio; Summer Kitchen Interior Features: Built-in Shelves; Ctdrl/Vault Ceilings; Elevator; Entry Lvl Lvng Area; Fireplace(s); Foyer; Kitchen Island; Volume Ceiling; Walk-in Closet; Wet Bar Porch/Patio/Balcony: Balcony; Patio Master Bedroom/Bath: 2 Master Baths; Mstr Bdrm - Upstairs; Separate Shower; Separate Tub Furnished: Furniture Negotiable Rooms: Cabana Bath; Convertible Bedroom; Den/Office; Family; Laundry-Util/Closet; Maid/In-Law; Pool Bath; Storage Subdiv. Amenities: None Restrict: None Flooring: Marble; Wood Floor Heating: Central Cooling: Central Equip/Appl Included: Auto Garage Open; Cooktop; Dishwasher; Disposal; Dryer; Fire Alarm; Freezer; Generator Whle House; Intercom; Microwave; Range - Electric; Range - Gas; Refrigerator; Washer; Water Heater - Gas Roof: Concrete Tile Guest House: 1 Bath; 1 Bedrooms; Kitchen; Living Room Terms Considered: Cash; Conventional; Seller Financing Utilities: Cable; Electric; Gas Natural Taxes: City/County Possession: At Closing Showing Instructions: Text Listing Agent Contributions: Closing Costs; Commissions; Title Fees; Doc Stamps

Room Information

Living Room Length: 25.00 Width: 25.00 Length: 25.00 Level: Main Width: 25.00 Kitchen Length: 40.00 Width: 25.00 Length: 40.00 Level: Main Width: 25.00 Master Bedroom Length: 20.00 Width: 20.00 Length: 20.00 Level: Second Width: 20.00
Listing Office: Illustrated Properties LLC
Last Updated: May - 11 - 2022
501 Palm Trail, Delray Beach, FL 33483- MLS# RX-10681228
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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