5 months on rocket

5400 Essex Ct, West Palm Beach, FL, 33405

$22,500,000

3 Bedrooms
3 Full Baths, 1 Partial
2,657 SqFt
$8,468/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built1955
HeatingCentral, Zoned
CoolingCentral Air, Zoned
WaterfrontIntracoastal
ViewIntracoastal
Private PoolYes
MLS #RX-10936782
StatusActive

About 5400 Essex Ct

Incredible waterfront opportunity South of Southern. This 1.18+ acre lot is located directly across South Flagler Drive boasting Intracoastal Waterway views. The home is comprised of 3,558 sq ft, 3 bedrooms, 3 bathrooms and a den. Don't miss this unique opportunity to build a trophy property in West Palm Beach.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Traditional
  • Year Built: 1955
  • Stories: 1
  • Living Area: 2,657 SqFt

Listing Office:

  • Office Name: Douglas Elliman (Palm Beach)
  • Office Phone: (561) 655-8600
  • Listing Agent: Gary B Pohrer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Marble, Tile, Wood Floor
  • Interior: Entry Lvl Lvng Area

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Intracoastal
  • View: Intracoastal
  • Exterior: Covered Patio, Tennis Court

Virtual/3D Tour

  • Virtual Tour: 5400 Essex Ct

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
  • South Olive Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $22,500,000
  • Price Per SqFt: $8,468/SqFt

Tax Information:

  • Annual Amount: $24,181
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$382.9K

Med. Price/SqFt

$266

Avg. Days On Market

65

# of Sold Homes

284

5400 Essex Ct vs West Palm Beach

153 DAYS ON ROCKET

+88 Days

$22,500,000

+$22.1M More

$8,468/SqFt

+$8.2K More

KEY TAKEAWAY

This property is $22.1M more than the Median Sold Price and $8.2K/SqFt more than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10936782

Listing Office:

  • Office Name: Douglas Elliman (Palm Beach)
  • Office Phone: (561) 655-8600
  • Listing Agent: Gary B Pohrer

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: 4/18/2024, 7:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$24,181$1,130,218
2019$23,845$1,104,807
2018$22,766$1,084,207
2017$22,575$1,061,907

History based on county public records data.

Payment Calculator

$112.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$67.5K

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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-180695
6
/10
  • South Olive Elementary School

  • 7101 S Olive Ave

  • 0.92 miles

  • Public District Grades KG-5

Middle School

school-card-donut-180696
4
/10
  • Conniston Middle School

  • 3630 Parker Ave

  • 1.16 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-180697
3
/10
  • Forest Hill Community High School

  • 6901 Parker Ave

  • 1.29 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,132. Residents of West Palm Beach, FL typically earn between $100k-200k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In South Flagler Drive, West Palm Beach

Types of housing in South Flagler Drive, West Palm Beach.

The substantial percentage of single detached homes in the housing stock of South Flagler Drive is an important part of its character. This neighborhood experienced its biggest construction boom before the 1960s, so most of the available properties are from this time period. This part of the city offers mainly four or more bedroom and three bedroom homes. About 80% of the population of this neighborhood own their home and 20% are renters.

What is it like to live in South Flagler Drive, West Palm Beach?

There is a great variety of green spaces in South Flagler Drive. Although this part of the city is not home to any green spaces, parks are especially well-spread out in nearby neighborhoods, which makes it easy to reach them. It remains relatively quiet in this area, thanks to the presence of very few pedestrians.

Is it easy to get around South Flagler Drive, West Palm Beach without a car?

Primary schools are convenient to get to on foot from most properties for sale in South Flagler Drive. In contrast, there are no high schools in this part of the city. As far as food is concerned, it is generally an option for home buyers in South Flagler Drive to purchase their groceries on foot.

Transportation in South Flagler Drive, West Palm Beach.

This part of the city is very car friendly. It is especially convenient to park, and nearby highways are quite easy to reach from anywhere in South Flagler Drive. However, public transit users may have very few options in South Flagler Drive due to the service's low frequency. It is sometimes challenging for people traveling on foot to get around in this neighborhood as few common errands can be run without needing to resort to a vehicle.

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Frequently Asked Questions About 5400 Essex Ct

What is the listing price of this property?

The listing price of 5400 Essex Ct property is $22,500,000.

What type of property is this?

The property 5400 Essex Ct is a house located in West Palm Beach, Florida, 33405.

Is this property for sale now?

Active Listing: 5400 Essex Ct is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5400 Essex Ct are:
South Olive Elementary School: GreatSchools Rating 6/10
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 $24,181 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5400 Essex Ct has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5400 Essex Ct is 2,657 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5400 Essex Ct is 1955.
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Rocket Homes›Florida›Palm Beach County›West Palm Beach›33405›5400 Essex Ct

This home is located at 5400 Essex Ct in West Palm Beach, FL and zip code 33405 in the South Flagler Drive neighborhood. This 2,657 square foot home was built in 1955. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $22,500,000.

West Palm Beach, FL housing market in March 2024 saw over 21 listings sold above listed price, more than 43 sold at listed price and over 220 sold below. In March 2024 in West Palm Beach, FL there were 10.9% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $382,914, while the average time on the real estate market was 65 days.

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

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