NOT LISTED FOR SALE

101 Jungle Rd Palm Beach, FL 33480

Estimated Value: $7,666,000 - $42,049,376

6 Beds
11 Baths
10,033 Sq Ft
$2,478/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $42,500,000 $4,236 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $180,618/month

696 Days on Market

Highlights

  • 201 Feet of Waterfront
  • Cabana
  • Lanai
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Corner Lot

About This Home

As of September 2024

Spectacular Oceanfront Estate situated on a fantastic .9 acre +/- lot with approximately 200 feet of ocean frontage. This elegant Neoclassical estate features 6 bedrooms, 7 full bathrooms, and 4 powder rooms, 13,000+/- total square feet, and lots of natural light throughout. High elevation with beautiful sweeping views from nearly all primary rooms. Gorgeous outdoor spaces with covered oceanfront loggia, large pool with poolside cabana, and beautiful, lush landscaping. Expansive Primary Suite with oceanfront balcony, office, morning bar, dual bathrooms, and large walk-in closets. Beautiful and welcoming foyer leads to formal dining room. Grand formal living room with stunning views and oversized library with custom built-ins. Excellent location in Palm Beach's Estate Section.

Last Listed By

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 12/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $202,756

Year Built

  • Built in 1955

Lot Details

  • 0.93 Acre Lot
  • 201 Feet of Waterfront
  • Ocean Front
  • East Facing Home
  • Corner Lot
  • Property is zoned RA

Parking

  • Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,033 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Dining Room
  • Library
  • Home Gym

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 11 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434326000020080

Home Details

Home Type

Single Family

Est. Annual Taxes

$202,756

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Lot Size: 201
  • Subdivision Name: N/A
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 1955
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 202756.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 10033.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 201
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 40690
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • General Property Description:Waterfront Ftg: 201.0
  • Waterfront:Ocean-Across Street: Yes
  • Lot Size:Corner Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Microwave, Washer, Dryer
  • Full Bathrooms: 7
  • Half Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Hardwood, Marble, Tile, W/W Carpeting, Other Flooring
  • Interior Amenities: Elevator
  • Living Area: 10033.0
  • Window Features: Other
  • Other Rooms:Dining Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Elevator: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Cabana
  • Roof: Other
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking Features: Attached
  • Garage: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 40690.0
  • Parcel #: 50434326000020080
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 202756.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Sep 30, 2024
Sold by
Elaine Schuster Revocable Trust and Schuster Mark
Bought by
Pb Jungle 101 Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Margit Brandt
Premier Estate Properties, Inc. - Palm Beach
List Price
$62,900,000
Sold Price
$42,500,000
Premium/Discount to List
-$20,400,000
-32.43%
Total Days on Market
696
Views
2658
Current Estimated Value
$24,857,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,642,312
Avg. Annual Appreciation
-61.62%
Original Mortgage
$27,625,000
Outstanding Balance
$27,029,434
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
-$2,171,746

Purchase Details

Closed on
Jun 20, 2022
Sold by
Schuster Elaine M
Bought by
Elaine Schuster Revocable Trust

Purchase Details

Closed on
Sep 6, 2018
Sold by
Schuster Gerald
Bought by
Schuster Gerald and Schuster Elaine M

Purchase Details

Closed on
Feb 5, 2004
Sold by
Schuster Elaine M
Bought by
Schuster Gerald

Purchase Details

Closed on
Jul 18, 2001
Sold by
Ridgely W Harrison M and Mai V Harrison M
Bought by
Schuster Elaine M

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pb Jungle 101 Llc $42,500,000 None Listed On Document
Elaine Schuster Revocable Trust -- Bernstein Hodsdon Tannen & Kor
Schuster Gerald -- Attorney
Schuster Gerald -- --
Schuster Elaine M $7,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pb Jungle 101 Llc $27,625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $42,500,000 -22.6% $4,236 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $54,900,000 -8.4% $5,472 / Sq Ft
03/29/2023 03/29/23 Price Changed $59,950,000 -4.7% $5,975 / Sq Ft
12/28/2022 12/28/22 For Sale $62,900,000 0.0% $6,269 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $62,900,000 -- $6,269 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $505,718 $33,911,378 -- --
2023 $480,605 $31,925,403 $26,836,900 $5,088,503
2022 $202,756 $13,039,570 $0 $0
2021 $206,200 $12,659,777 $0 $0
2020 $206,689 $12,484,987 $0 $0
2019 $206,322 $12,204,288 $0 $0
2018 $195,958 $11,976,730 $0 $0
2017 $196,121 $11,730,392 $0 $0
2016 $197,101 $11,489,120 $0 $0
2015 $203,859 $11,409,255 $0 $0
2014 $204,406 $11,294,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Palm Beach Board of REALTORS®

MLS Number: 22-1302

APN: 50-43-43-26-00-002-0080