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Sold for $1,025,000
  • $1,025,000

    123 Palm Bay Ter APT B, Palm Beach Gardens, FL 33418

    3beds
    2,315sqft
    Condominium
    Built in 2005
    -- sqft lot
    $1,073,400 Zestimate®
    $443/sqft
    $6,772 Estimated rent

    Home value

    $1,073,400

    $955,000 - $1.21M

    $6,772/mo

    Zestimate® history
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    $6,772/mo

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    $8,341/mo

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    $8,341/mo

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    What's special

    Discover refined luxury in this stunning 3-bedroom, 3-bathroom residence nestled within the exclusive Palm Bay Club at BallenIsles. Offering 2,315 sq. ft. of elegant living space, this beautifully appointed home combines sophistication, comfort, and resort-style living. Expansive windows fill the interior with natural light, showcasing tranquil water and lush garden views. The screened patio invites you to relax and entertain year-round, while the attached 2-car garage provides added convenience and storage. Residents enjoy world-class amenities including a clubhouse, resort pool, fitness center, pickeball & tennis courts, and more - all within the prestigious, gated BallenIsles community in the heart of Palm Beach Gardens, just minutes from upscale dining, shopping, and pristine beaches.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melanie Hyer PA 305-520-9065,

    Pro Estate Realty LLC

    Bought with:

    Diana Casper, 3020583

    Illustrated Properties, LLC

    Source: MIAMI,MLS#: A11896769MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Family Room
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Kitchen Island, Walk-In Closet(s)
    • Windows: Blinds
    Interior area
    • Total structure area: 2,990
    • Total interior livable area: 2,315 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Or More Spaces, Covered
    • Attached garage spaces: 2
    Features
    • Entry location: First Floor Entry
    • Patio & porch: Screened Porch
    • Exterior features: Other
    • Pool features: Association
    • Spa features: Community
    • Has view: Yes
    • View description: Garden, Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake
    Details
    • Parcel number: 52424213270000232

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Year built: 2005

    Community & HOA

    Community
    • Security: Security Guard, Burglar Alarm, Security Service
    • Application fee: $0
    • Pet fee: $0
    • Subdivision: Palm Bay Club Condo,Palm Bay Club
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Playground, Clubhouse-Clubroom, Fitness Center, Golf Course Com, Other, Pickleball, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
    • HOA fee: $1,368 monthly
    Location
    • Region: Palm Beach Gardens

    Financial & listing details

    • Price per square foot: $443/sqft
    • Tax assessed value: $620,000
    • Annual tax amount: $9,221
    • Date on market: 10/20/2025
    • Listing terms: All Cash,Conventional
    • Ownership: Other Ownership

    Price history

    DateEventPrice
    8/3/2026Listing removed$9,500$4/sqft
    Source: BeachesMLS #B26046520 Report a problem
    6/29/2026Listed for rent$9,500$4/sqft
    Source: BeachesMLS Report a problem
    12/5/2025Sold$1,025,000-2.8%$443/sqft
    Source: MIAMI #A11896769 Report a problem
    11/15/2025Pending sale$1,055,000$456/sqft
    Source: MIAMI #A11896769 Report a problem
    10/20/2025Listed for sale$1,055,000+163.8%$456/sqft
    Source: MIAMI #A11896769 Report a problem
    4/5/2018Sold$400,000-5.9%$173/sqft
    Source: BeachesMLS #R10383553 Report a problem
    2/28/2018Pending sale$424,9800%$184/sqft
    Source: Illustrated Properties Echo Fine Properties #RX-10383553 Report a problem
    1/30/2018Price change$424,9900%$184/sqft
    Source: Illustrated Properties Echo Fine Properties #RX-10383553 Report a problem
    11/21/2017Price change$425,000-1.2%$184/sqft
    Source: Illustrated Properties Fairway #RX-10383553 Report a problem
    5/3/2017Price change$430,000-7.5%$186/sqft
    Source: Illustrated Properties Fairway #RX-10284031 Report a problem
    11/15/2016Listed for sale$465,000+32.9%$201/sqft
    Source: Illustrated Properties/Fairway #RX-10284031 Report a problem
    8/15/2013Sold$350,000-6.7%$151/sqft
    Source: BeachesMLS #R3369740 Report a problem
    5/7/2013Listing removed$375,000$162/sqft
    Source: Illustrated Properties #R3308982 Report a problem
    9/11/2012Listed for sale$375,000$162/sqft
    Source: Illustrated Properties Real Estate #R3308982 Report a problem
    8/3/2012Listing removed$375,000$162/sqft
    Source: Illustrated Properties #R3275102 Report a problem
    4/19/2012Listed for sale$375,000-1%$162/sqft
    Source: Illustrated Properties Real Estate #R3275102 Report a problem
    3/28/2005Sold$378,723$164/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,048 +9%$451,475 +10%
    2024$9,221 +10.4%$410,432 +10%
    2023$8,352 +22%$373,120 +10%
    2022$6,847 +3.4%$339,200 +9.4%
    2021$6,623 -8%$310,000 -7.5%
    2020$7,201 +1.4%$335,000 +3.1%
    2019$7,103 $325,000 +8.3%
    2018$7,103 +9%$300,000 -9.1%
    2017$6,514 -14.3%$330,000 +3.4%
    2016$7,599 -5.7%$319,000 +10%
    2015$8,057 +7.3%$290,000 +1.8%
    2014$7,506 -1.1%$285,000 -10.9%
    2013$7,587 -3.8%$320,000 -3%
    2012$7,885 -3.7%$330,000 -2.7%
    2011$8,185 -0.4%$339,000
    2010$8,217 +6.2%$339,000 +1.8%
    2009$7,737 +7.8%$332,894 +0.1%
    2008$7,179 +0.4%$332,561 +3%
    2007$7,149 -4.9%$322,875 +2.5%
    2006$7,514 $315,000 +425%
    2005-- $60,000
    2004-- --
    Find assessor info on the county website

    Neighborhood: Ballenisles

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Timber Trace
    • Middle: Watson B. Duncan
    • High: Palm Beach Gardens

    Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,073,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,073,400