89 Middle Rd, Palm Beach, FL 33480 is For Sale

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89 Middle Rd Palm Beach, FL 33480

10 beds11 baths23,000 sqft

For Sale
$59,000,000
Zestimate®: $38,141,248
Est. Mortgage
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My Notes

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Comprised of a coveted 4.3 acres in the heart of Palm Beach's exclusive estate section, billionaire entrepreneur and philanthropist, John Kluge, created a magnificent, ultra private paradise enhanced by 150' of priceless oceanfront. An unparalleled "trophy" compound in every sense, the estate's four parcels were pieced together completing Mr. Kluge's vision of an unusually large property of nearly 75% green space with impeccably landscaped park like gardens, a perfect showcase for art. Main residences on the estate include an updated circa-1935 Garden House with 12,000 sq.ft. and a 6,000 sq.ft. Mediterranean Revival-style Ocean House designed in 1921 by society architect Addison Mizner. Three additional buildings on the property accommodate guests and/or staff  More Less 

Facts

  • Lot: 4.07 acres
  • Single Family
  • Built in 1921
  • 317 days on Zillow
  • Cooling: Central
  • Heating: Forced air

Features

  • Finished basement, 195 sqft
  • Parking: 2169 sqft
  • Pool
  • View: Water

    Additional Features

    • Central Air, Den, Washer/Dryer, Health Club, Garage, Pool, Balcony, Oceanfront, Oceanfront Views, Ocean Access

    Construction

    • Construction quality: 9.0
    • Exterior material: Brick
    • Roof type: Tile
    • # Stories: 2.0
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 23,000 sqft
    • Last remodel year: 1995
    • Parcel #: 50434326030000120
    • Zillow Home ID: 82603795

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

    Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
    $38,141,248
    +$2,151,176 Last 30 days
    $25.6M
    $51.1M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $12,238/mo
    -$1,797 Last 30 days
    $5.8K
    $24K
    Zestimate range
    Zestimate forecast
    $XXX,XXX
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    Popularity on Zillow

    34,662 views since listing
    35,560 all-time (chart)
    100 shoppers saved
    this home to their list of favorites

    Home Expenses

    Internet, phone and TV
    Home security
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    Neighborhood

    Market guide

    Zillow predicts 33480 home values will fall 1.8% next year, compared to a 2.4% increase for Palm Beach as a whole. Among 33480 homes, this home is 10458.3% more expensive than the midpoint (median) home, and is priced 559.4% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the 33480 market, the number of foreclosures waiting to be sold fell 31.7% in the last year. The number of unsold foreclosures is 1.1% less than in Palm Beach, and 83.6% higher than the national average. This lower local number could help 33480 home values rise more quickly than other regions in Palm Beach.

    Learn more about forecast calculations or 33480 home values.
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      Nearby Schools in Palm Beach

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org

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