2 years on rocket

130 Algoma Rd, Palm Beach, FL, 33480

$18,995,000

5 Bedrooms
6 Full Baths, 1 Partial
6,288 SqFt
$3,021/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Garage - Attached
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingCentral, Zoned
CoolingCentral Air, Zoned
WaterfrontNone
FireplaceFireplace(s)
Private PoolYes
MLS #RX-10776884
StatusActive

About 130 Algoma Rd

Just completed on an oversized lot, this five bedroom, 6.1 marble bath estate has ultra-high ceilings and spacious rooms throughout. A stately entry foyer, separate bar with 2 refrigerators, hardwood floors and recessed lighting throughout. Bright and light, every room has at least two walls of windows/doors. The primary suite has two luxurious bathrooms, large walk-in closets, and a generous private terrace. The kitchen has quality cabinetry and appliances and expands onto a spacious family room. The east side of the property has a wonderfully sized garden area, and the west aide has an outdoor loggia that is adjacent to the oversized pool/spa. Additionally, there is an elevator, storage, 2 laundry rooms, air-conditioned two car garage,

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2
  • Living Area: 6,288 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Dana L. Koch

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Generator Hookup, Whole Home Generator, Ice Maker, Microwave, Gas Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Marble, Wood Floor
  • Interior: Bar, Elevator, Fireplace(s), Foyer, Kitchen Island, Pantry, Walk-in Closet, Wet Bar
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • Exterior: Auto Sprinkler, Open Balcony, Open Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 130 Algoma Rd

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Forest Hill Community High School, Public Magnet Grades 9-12
  • Conniston Middle School, Public Magnet Grades 6-8
  • Palm Beach Public School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Head over Southern Bridge, head north on S Ocean Blvd then left on Algoma, property on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $18,995,000
  • Price Per SqFt: $3,021/SqFt

Tax Information:

  • Annual Amount: $55,030
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.1M

Med. Price/SqFt

$711

Avg. Days On Market

143

# of Sold Homes

38

130 Algoma Rd vs Palm Beach

794 DAYS ON ROCKET

+651 Days

$18,995,000

+$17.8M More

$3,021/SqFt

+$2.3K More

KEY TAKEAWAY

This property is $17.8M more than the Median Sold Price and $2.3K/SqFt more than other homes in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10776884

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Dana L. Koch

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2024, 10:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 12, 2000Home Sold
$1,400,000
Jul 08, 1998Home Sold
$663,000

Tax History

YEARPROP. TAXASSESSMENT
2020$55,030$3,254,515
2019$52,656$2,952,762
2018$47,220$2,684,329
2017$42,042$2,440,299

History based on county public records data.

Payment Calculator

$94.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$57K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-444636
7
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 1.93 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-444637
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 1.53 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-444638
3
/10
  • Forest Hill Community High School

  • 6901 Parker Ave

  • 2.50 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $332,054. Most Palm Beach, FL residents have annual incomes $200k+. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Mid-Town, Palm Beach

What type of housing is available in Mid-Town, Palm Beach?

Homeowners occupy roughly 90% of the properties in the neighborhood whereas renters occupy the remainder. In this neighborhood, around half of dwellings are large apartment buildings, while small apartment buildings and single detached homes make up most of the remaining housing stock. The median year of construction for dwellings in this area is 1963. This neighborhood also has a good variety of unit sizes; houses range from lofts to four or more bedrooms.

Is Mid-Town, Palm Beach a good place to live?

There are a lot of green spaces to enjoy in Mid-Town. Green spaces, like Municipal Beach, are especially well-spread out and there are a few of them close by for residents to relax in, which makes them easy to access. Lastly, as there are very few pedestrians, this area remains relatively quiet, although.

Are things conveniently located in Mid-Town, Palm Beach?

Getting to the closest supermarket on foot is possible for some, but not all, house buyers in Mid-Town. There are also a limited number of opportunities for those who value nearby restaurants and cafes. Furthermore, it is easy to reach a number of clothing stores on foot. With regards to education, home buyers will welcome that wherever their property is situated in this part of the town, primary schools are close by. However, Mid-Town does not contain any high schools. Locals benefit from public and private elementary schools.

What does the transportation in Mid-Town, Palm Beach look like?

Driving is a very good transportation option in Mid-Town. It is especially convenient to park. On the other hand, Mid-Town is not very transit friendly. Nevertheless, homeowners have access to a few bus lines, and most properties are near a bus stop. There aren't many pedestrians out on the streets of Mid-Town, even though carrying out daily needs is easy.

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Frequently Asked Questions About 130 Algoma Rd

What is the listing price of this property?

The listing price of 130 Algoma Rd property is $18,995,000.

What type of property is this?

The property 130 Algoma Rd is a house located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 130 Algoma Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 130 Algoma Rd are:
Palm Beach Public School: GreatSchools Rating 7/10
Conniston Middle School: GreatSchools Rating 4/10
Forest Hill Community High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $55,030 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 12, 2000 for $1,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 130 Algoma Rd has 5 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 130 Algoma Rd is 6,288 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 130 Algoma Rd is 2023.
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Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›130 Algoma Rd

This home is located at 130 Algoma Rd in Palm Beach, FL and zip code 33480 in the Mid-Town neighborhood. This 6,288 square foot home was built in 2023. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 14, 2022 and is currently priced at $18,995,000.

While more than 3 listings in Palm Beach, FL in March 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 35 were sold below. The number of homes for sale in Palm Beach, FL increased by 5.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 143 days, the median list price was $1,113,750.

From Rocket Homes Real Estate and based on county public records data.

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