$7,990,000

358 Hibiscus Ave Palm Beach, FL 33480

Estimated payment $50,417/month

Total Views 7,159
3 Beds
4 Baths
2,999 Sq Ft
$2,664 Price per Sq Ft

Highlights

  • Outdoor Pool
  • Waterfront
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Lanai

About This Home

This impressive Mediterranean home is nestled in the center of town close to world class dining, shopping and the beach. Built in 2013 and boasts mahogany, impact windows and doors, a custom kitchen, open floor plan with high ceilings and a beautiful cypress entry hall detail. Three bedrooms, den, large two car garage, elevator and 2nd floor laundry add to the comfortable style that this house affords.

Listing Agent

Anita Hom

Shore Group Realty Inc. License #3166423

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,875

Year Built

  • Built in 2013

Lot Details

  • 5,663 Sq Ft Lot
  • Waterfront
  • East Facing Home
  • Back Yard Fenced
  • Property is zoned R-C - Medium Density Residential

Parking

  • Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,999 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Fireplace
  • Living Room
  • Den
  • Library
  • Impact Glass

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050060251

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,875

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 55
  • Subdivision Name: Royal Park
  • Directions: East on Okeechobee Blvd over bridge into Palm Beach Island, right on Hibiscus Avenue.
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 2013
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 70875.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 2999.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • 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): 55
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 5663
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • Style:Mediterranean: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Single, Microwave, Washer, Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Amenities: Bidet, Elevator, Fireplace
  • Living Area: 2999.0
  • Window Features: Impact Glass-Full
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking Features: 2 Car

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 50434323050060251
  • Zoning: R-C - Medium Density Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 70875.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $70,876 $3,668,559 -- --
2023 $64,260 $3,335,054 $0 $0
2022 $55,639 $3,031,867 $0 $0
2021 $45,652 $2,756,243 $1,833,750 $922,493
2020 $46,291 $2,750,984 $1,890,000 $860,984
2019 $43,195 $2,509,885 $1,710,000 $799,885
2018 $43,000 $2,581,842 $1,760,000 $821,842
2017 $30,602 $1,782,857 $1,255,954 $526,903
2016 $30,406 $1,757,919 $0 $0
2015 $28,924 $1,605,003 $0 $0
2014 $26,564 $1,463,886 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Price Changed $7,990,000 -8.7% $2,664 / Sq Ft
01/31/2025 01/31/25 For Sale $8,750,000 0.0% $2,918 / Sq Ft
11/01/2024 11/01/24 Rented $29,500 0.0% --
10/29/2024 10/29/24 Under Contract -- -- --
08/26/2024 08/26/24 For Rent $29,500 +84.4% --
09/01/2018 09/01/18 Rented $16,000 -11.1% --
08/02/2018 08/02/18 Under Contract -- -- --
05/01/2018 05/01/18 For Rent $18,000 +20.0% --
03/13/2017 03/13/17 Rented $15,000 0.0% --
03/13/2017 03/13/17 For Rent $15,000 0.0% --
03/06/2017 03/06/17 Sold $3,337,500 0.0% $1,109 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
12/22/2015 12/22/15 For Sale $3,337,500 -- $1,109 / Sq Ft
Source: Palm Beach Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $337,500 Crystal Title & Escrow Co In
Warranty Deed $1,265,000 Attorney
Warranty Deed $1,000,000 Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed $100 --
Warranty Deed $145,000 --
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,000 No Value Available
Previous Owner $232,000 No Value Available
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 25-194

APN: 50-43-43-23-05-006-0251