$9,800,000
12112 Banyan Road
North Palm Beach, FL 33408
MLS# RX-3108346
Status: Closed



12112 Banyan Road, North Palm Beach, FL 33408
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12112 Banyan Road, North Palm Beach, FL 33408 12112 Banyan Road, North Palm Beach, FL 33408 12112 Banyan Road, North Palm Beach, FL 33408 12112 Banyan Road, North Palm Beach, FL 33408

Property Description
This is a rare opportunity to purchase an oceanfront estate site in North Palm Beach. See other lisitng for adjacent parcel at 12138 Banyan Rd offered by related owner.

Details
Contract Information
Listing Date: 2010-05-08
Status: Closed
Original List Price: 12000000
List Price: $9,800,000
Current Price: $7,700,000
List Price/Acre: 7877813.5
General Property Description
Type: Single Family Detached
Price/Acre: 9648629
Price/SqFt: 222
Price/Front Feet: 120000
Lot Dimensions: 100 x 566
Lot Frontage: 100
Lot Depth: 566
Acres: 1.24
Waterfront: Yes
Waterfrontage: 100
Subdivision: Seminole Landing
Front Exp: East
Homeowners Assoc: Voluntary
HOA Fee/Month: 200
Directions: US 1 to Seminole Beach Blvd. to Banyan Rd to #12112 on East side of road
Total Assessed Value: 5726600
LP Per ASV: 1.71
Location Tax Legal
Area: 5220
County: Palm Beach
Parcel ID: 00434134000005110
Street #: 12112
Street Name: Banyan
Street Suffix: Road
Zip Code: 33408
Legal Desc: Acreage & Unrec Lot: Blk: Lot SqFt:46705 Frontage: Depth:470
Status Change Info
Under Contract Date: 2013-03-25
Sold Date: 2013-04-19
Sold Price: 7700000
Terms of Sale: Cash
Sold Price/Acre: 6189710.61
Property Features
Land Use: Single Family
Location: Beach Area
Lot Description: 1 to < 2 Acres
Develop Status: Undeveloped
Improvements: Cleared
Utilities Avail: Cable; Electric; Phone Line; Public Water; Septic Sewer; Trash Removal
Utilities On Site: None
Waterfront Details: Oceanfront
View: Ocean
Roads: Private Road
Avail Docs: Soil Boring Test; Survey; Topographical Map
Soil Type: Muck; Sand
Trees: Mangrove
Special Info: Easements; Gated Community
Elev at Sea Leval: 5 to < 10 Ft
Terms Considered: Cash

Listing Office: Robert J Primeau

Last Updated: September - 20 - 2013

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