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Sold for $8,376,000
  • $8,376,000

    1959 Portage Landing S, North Palm Beach, FL 33408

    4beds
    3,647sqft
    Single Family Residence
    Built in 1981
    0.94 Acres Lot
    $8,634,000 Zestimate®
    $2,297/sqft
    $5,645 Estimated rent

    Home value

    $8,634,000

    $7.34M - $10.10M

    $5,645/mo

    Zestimate® history
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    What's special

    This prestigious North Palm Beach property offers dazzling views across the Lake Worth lagoon. Highly coveted location with southern exposure and nestled in a small gated enclave of luxury homes. Convenient to a host of amenities - yet tucked away in a private cul-de-sac just off of A1A. This 'boater's paradise' can accommodate a large vessel. It boasts direct ocean access with no fixed bridges. Boating enthusiasts will relish the convenience of the straight run down Lake Worth to the Palm Beach Inlet making every voyage a breeze. The existing 4/3 pool home is spacious, well maintained, and contains 3,647 sq ft. However, the real value here is in the land. This is a rare opportunity to build a custom waterfront masterpiece with commanding vistas. North Palm Beach's thriving luxury real estate market contributes to the long-term potential of this property as an investment. Perfect location close to world class beaches, golf, fishing, dining and more!

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan A. Maxwell 772-486-4642,

    RE/MAX of Stuart

    Bought with:

    James Pavlik, 3301117

    Sutter & Nugent LLC

    Source: BeachesMLS,MLS#: R10938271MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    • Area: 357
    • Dimensions: 21 X 17
    Kitchen
    • Level: Main
    • Area: 169
    • Dimensions: 13 X 13
    Living room
    • Level: Main
    • Area: 608
    • Dimensions: 32 X 19
    Heating
    • Central
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator
    • Laundry: Inside
    Features
    • Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Entrance Foyer, Kitchen Island, Main Level Primary, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile
    • Has fireplace: Yes
    Interior area
    • Total structure area: 4,907
    • Total interior livable area: 3,647 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Porch, Screened
    • Exterior features: Outdoor Living Area, Porch
    • Has private pool: Yes
    • Pool features: In Ground, Pool Equipment
    • Has view: Yes
    • View description: Intercoastal, Lagoon
    • Has water view: Yes
    • Water view: Intercoastal,Lagoon
    • Waterfront features: Intracoastal Access, Navigable Water, Ocean Access
    Lot
    • Size: 0.94 Acres
    • Features: Sprinklers Automatic
    Details
    • Parcel number: 00434204110030010
    • Zoning: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stucco
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Gated
    • Security: Gated Community, Smoke Detector(s)
    • Subdivision: SEMINOLE BEACH
    HOA
    • Has HOA: Yes
    • Amenities included: None
    • Services included: Common Areas
    • HOA fee: $292 monthly
    Location
    • Region: North Palm Beach

    Financial & listing details

    • Price per square foot: $2,297/sqft
    • Tax assessed value: $7,199,785
    • Annual tax amount: $22,811
    • Date on market: 11/24/2023
    • Cumulative days on market: 13 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    2/2/2024Sold$8,376,000-1.3%$2,297/sqft
    Source: BeachesMLS #R10938271 Report a problem
    12/8/2023Pending sale$8,490,000$2,328/sqft
    Source: Stellar MLS #A4590443 Report a problem
    12/8/2023Contingent$8,490,000$2,328/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20041877 Report a problem
    11/30/2023Price change$8,490,000-7.7%$2,328/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20041877 Report a problem
    11/24/2023Listed for sale$9,200,000+707%$2,523/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20041877 Report a problem
    6/2/1999Sold$1,140,000+189900%$313/sqft
    Source: Public Record Report a problem
    4/19/1995Sold$600
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$117,609 +404.4%$7,199,785 +399%
    2024$23,318 +2.2%$1,442,935 +3%
    2023$22,811 +0.5%$1,400,908 +3%
    2022$22,688 +0.1%$1,360,105 +3%
    2021$22,669 +0.5%$1,320,490 +1.4%
    2020$22,556 +1.1%$1,302,258 +2.3%
    2019$22,311 $1,272,979 +1.9%
    2018$22,311 +5.3%$1,249,243 +2.1%
    2017$21,189 +0.7%$1,223,548 +2.1%
    2016$21,049 -0.6%$1,198,382 +0.7%
    2015$21,166 -2.9%$1,190,052 +0.8%
    2014$21,787 +1.2%$1,180,607 +1.5%
    2013$21,527 -0.3%$1,163,160 +1.7%
    2012$21,602 +0.8%$1,143,717 +3%
    2011$21,434 +0.7%$1,110,405 +1.5%
    2010$21,293 +6.8%$1,093,995 +2.7%
    2009$19,943 +12.3%$1,065,234 +0.1%
    2008$17,754 +3.3%$1,064,170 +3%
    2007$17,184 -5.8%$1,033,175 +2.5%
    2006$18,242 $1,007,976 +3%
    2005-- $978,617 +3%
    2004$9,599 +4303.2%$950,114 +1.9%
    2003$218 -98.8%$932,398 +2.4%
    2002$17,621 +0.3%$910,545 +1.6%
    2001$17,563 -1.2%$896,206 +0.2%
    2000$17,775 $894,246
    Find assessor info on the county website

    Neighborhood: 33408

    Nearby schools

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    Estimated market value
    $8,634,000
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    Estimated market value
    $8,634,000