NOT LISTED FOR SALE

1291 Bimini Ln Riviera Beach, FL 33404

Palm Beach Shores Neighborhood

Estimated Value: $993,000 - $1,040,000

3 Beds
2.5 Baths
1,756 Sq Ft
$578/Sq Ft Est. Value

Last Sold January 16, 2025

Last sale price $995,000 $567 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,054/month

13 Days on Market

Highlights

  • Concrete Pool
  • Den
  • Separate Shower in Primary Bathroom
  • William T. Dwyer High School Rated A-
  • 2 Car Attached Garage
  • 5-minute walk to Ocean Reef Park

About This Home

As of January 2025

INVESTOR OPPORTUNITY!! Location, Location, Location, corner lot on Ocean Drive!! Nestled in the highly sought-after Palm Beach Isles located on Singer Island with Beach Access by Easement. This home is ready for a renovation. Appliances 2023, Roof 2017, A/C 2021, Pool Pump 2024. It will not last long.

Last Listed By

Lori Raso

Lamacchia Realty, Inc. License #3401222 Listed on: 11/21/2024

Lamacchia Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,552

Year Built

  • Built in 1998

Lot Details

  • Fenced
  • Sprinkler System
  • Property is zoned RS-5

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Flat Roof Shape
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • French Doors
  • Den

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Gunite Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56434222020000010

Community Details

Overview

  • Association fees include security
  • Palm Beach Isles Pl 1 In Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,552

Year Built

Built in 1998

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take PGA to Singer Island head south on Ocean Drive to Bimini Lane. Palm Beach Isles
  • Year Built: 1998
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, French Door(s)/Atrium Door(s), Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1756.0
  • Dining Room Type: Den, Laundry
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Concrete, Gunite, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete, Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 19.0
  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Parcel #: 56434222020000010
  • Lot Size: < 1/4 Acre
  • Zoning Description: RS-5
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16552.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Jan 15, 2025
Sold by
Murphy Lisa Rose
Bought by
Gonzales Robert P and Oleskiewicz Anna
Seller's Agent
Lori Raso
Lamacchia Realty, Inc.
Buyer's Agent
Meike Macgregor
Compass Florida LLC
List Price
$975,000
Sold Price
$995,000
Premium/Discount to List
$20,000
2.05%
Total Days on Market
13
Views
13
Current Estimated Value
$1,015,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,369
Avg. Annual Appreciation
7.79%
Original Mortgage
$730,000
Outstanding Balance
$728,048
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$287,321

Purchase Details

Closed on
Jun 23, 2022
Sold by
Timothy Murphy George and Antoine Florence
Bought by
Murphy George Timothy and Murphy George Timothy

Purchase Details

Closed on
Nov 18, 2016
Sold by
Falco Elena G
Bought by
Quesada Claudia C and Quesada Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,450
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 1998
Sold by
Mark J Ferraro Tr
Bought by
Murphy George T and Murphy Florence A

Purchase Details

Closed on
Mar 18, 1998
Sold by
Ward Leona J
Bought by
Ferraro Mark J

Purchase Details

Closed on
May 17, 1996
Sold by
Sgrignuoli Ernie
Bought by
Ward Leona J

Purchase Details

Closed on
Jun 30, 1994
Sold by
Rich John L and Rich Rita M
Bought by
Sgrignuoli Ernie

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
Gonzales Robert P $995,000 Title Services Corporation
Gonzales Robert P $995,000 Title Services Corporation
Murphy George Timothy -- None Listed On Document
Quesada Claudia C $231,000 Patch Reef Title Co
Murphy George T $170,000 --
Ferraro Mark J $100 --
Ward Leona J $165,000 --
Sgrignuoli Ernie $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Robert P $730,000
Closed Gonzales Robert P $730,000
Previous Owner Murphy George T $991,950
Previous Owner Murphy George T $697,500
Previous Owner Murphy George T $673,500
Previous Owner Quesada Claudia C $219,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $995,000 +2.1% $567 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/21/2024 11/21/24 For Sale $975,000 -- $555 / Sq Ft
Source: BeachesMLS

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 $16,552 $836,072 -- --
2023 $4,435 $246,892 $0 $0
2022 $4,360 $239,701 $0 $0
2021 $4,330 $232,719 $0 $0
2020 $4,288 $229,506 $0 $0
2019 $4,218 $224,346 $0 $0
2018 $4,017 $220,163 $0 $0
2017 $3,969 $215,635 $0 $0
2016 $3,955 $211,200 $0 $0
2015 $4,030 $209,732 $0 $0
2014 $4,110 $208,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lori Raso

    Lamacchia Realty, Inc.

    (561) 281-4888

    2 in this area

    33 Total Sales

    Lori Raso
    Section Image

  • M

    Buyer's Agent in 2025

    Meike Macgregor

    Compass Florida LLC

    (561) 818-1168

    78 in this area

    126 Total Sales

    Meike Macgregor
    Section Image
See All Agents

Map

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Source: BeachesMLS

MLS Number: R11039370

BeachesMLS

APN: 56-43-42-22-02-000-0010

Florida Palm Beach County Riviera Beach 33404 Palm Beach Shores

1291 Bimini Ln, Riviera Beach, FL

Homes for Sale in Riviera Beach, FL

This home is located at 1291 Bimini Ln, Riviera Beach, FL 33404 since 21 November 2024 and is currently estimated at $1,015,369, approximately $578 per square foot. This property was built in 1998. 1291 Bimini Ln is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, William T. Dwyer High School, and John F. Kennedy Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.