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$21,500,000
Property Description
Prime buildable waterfront lot opportunity in the sought-after South of Southern neighborhood of West Palm Beach, Florida. This massive 1.2 + /- acre property offers unobstructed, wide water views of the Intracoastal Waterway directly across South Flagler Drive, complete with riparian rights.Available for the first time in decades, this property presents a rare chance for developers or discerning buyers to build a bespoke estate on South Flagler Drive, within an iconic waterfront compound. The existing 3,577 SqFt home features 3 bedrooms + a den, 3 bathrooms, a pool, and an outdoor loggia--perfect for Florida living while planning future development. Perfectly located near Palm Beach Island, PBI Airport, premier shopping, dining, & more.
Full Property Details
Full Property Details for 5400 Essex Ct
General
- Price: $21,500,000
- Taxes: $24,469 (2023)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: RX-11038921
- Updated: 11/21/2024
- Added to Site: 424 day(s) ago
Interior
- Rooms/Areas: Laundry-Inside, Storage
- Interior Features: Entry Lvl Lvng Area, Stack Bedrooms
- Eating Areas: Breakfast Area, Dining Family
- Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile, Wood Floor
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedroom/Bathroom: Mstr Bdrm - Ground
- Primary Bedroom: 23 x 15
- Bedroom 2: 15 x 12
Other Rooms
- Living Room: 20 x 15
- Kitchen: 15 x 9
- Dining Room: 29 x 15
- Den: 14 x 13
Additional Information
- Shared Amenities: Sidewalks
- Pool: Yes
- Private Pool: Yes
- Pool Description: 25 x 15
- Tennis: Yes
Exterior
- Exterior Features: Covered Patio, Fence, Tennis Court
Location
- Area: 5440, PB20
- County: Palm Beach
- Subdivision: Essex Lane
- Driving Directions: South Olive Ave to Essex Court.
Community
- Home Owners Assn.: None
- Pets Allowed: Yes
- Governing Bodies: None
Heating & Cooling
- Cooling Type: Central, Zoned
- Heating Type: Central, Zoned
Utilities
- Utility Description: Electric
Structural Information
- Description/Design: Ranch, Traditional
- Construction: CBS
- Roof: Concrete Tile
- Square Feet: 2,657
- Sq. Ft. Source: Tax Rolls
- Year Built: 1955
Lot Features
- Property View: Intracoastal
- Lot Size (Sq. Ft.): 51,502
- Lot Size: 106.0 ft x 464.0 ft
- Zoning: SF7(ci
- Lot Description: 1 to < 2 Acres
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Intracoastal
Financial Considerations
- Price Per Sq. Ft.: $8,091.83
- Tax Amount: $24,469
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ESSEX LANE LT 3, S 5 FT OF PRIVATE WALK LYG N OF & ADJ TO, N 10 FT OF WLY 216.17 FT OF LT 4 & TR IN TRS DEED 21995
- Restrictions: None
- APN: 74434403140000030
Listed by The Corcoran Group
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Schools
Schools serving 5400 Essex Ct
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
South Olive Elementary School 7101 South Olive Avenue, West Palm Beach, FL 33405 | PK-5 | 0.9 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 1.1 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5400 Essex Ct
Date
Details
Price
Change
Source
11/20/2024
Listed
$21,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5400 Essex Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,783
3%
$1,288,627
3%
2024
$25,043
2%
$1,252,310
3%
2023
$24,468
1%
$1,215,835
3%
2022
$24,276
—
$1,180,422
3%
2021
$24,285
—
$1,146,041
1%
2021
$24,285
2%
$1,130,218
2%
2019
$23,846
5%
$1,104,807
2%
2018
$22,766
1%
$1,084,207
2%
2017
$22,575
—
$1,061,907
2%
2016
$22,573
-2%
$1,040,066
1%
2015
$23,034
—
$1,032,836
1%
2014
$23,070
1%
$1,024,639
1%
2013
$22,784
—
$1,009,497
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5400 Essex Ct
5400 Essex Court, West Palm Beach, FL 33405 (MLS# RX-11038921) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 5400 Essex Court is currently listed for $21,500,000 and was received on November 20, 2024. Want to learn more about 5400 Essex Court? Do you have questions about finding other Single Family real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.
