For SaleRisky Deal10 days on market
3400 N Flagler Drive
3400 N Flagler Drive, West Palm Beach, FL 33407, West Palm Beach, FL 33407
$26,500,000
Estimate®:$24,529,300
Listing Price
3400 N Flagler Drive, West Palm Beach, FL 33407
Loc: West Palm Beach, FL
Days Listed
10
Tax Assessed
$21456k
Estimate®
$24529k
Market Rate
Lot Size
0.78 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Northmore Elementary School
PK-5
1 mi away
5
Roosevelt Middle School
6-8
1.4 mi away
2
Palm Beach Lakes High School
9-12
3.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Mediterraneanluxurywaterfrontstuccoterracotta roofgated entrypalm treescourtyardmanicured landscapeestateSpanish colonial revivalexpansiveupscalearchitectural archway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.00%
Total ROI
89.2%
Cash Flow
$-5,035/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-5,035/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in West Palm Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-14 | Listed for sale | $26,500,000 | $2,766 |
| 2026-05-20 | Listing removed | $24,900,000 | $2,599 |
| 2026-02-10 | Price change | $24,900,000 | $2,599 |
| 2025-12-03 | Listed for sale | $29,950,000 | $3,126 |
| 2025-11-22 | Listing removed | $31,900,000 | $3,329 |
| 2025-09-19 | Listed for sale | $31,900,000 | $3,329 |
| 2025-09-11 | Listing removed | $31,900,000 | $3,329 |
| 2025-08-22 | Price change | $31,900,000 | $3,329 |
| 2024-12-23 | Price change | $37,500,000 | $3,914 |
| 2024-09-09 | Listed for sale | $39,000,000 | $4,070 |
| 2021-07-07 | Sold | $9,291,875 | $970 |
| 2000-04-17 | Sold | $895,000 | $93 |
| 1999-04-16 | Sold | $640,000 | $67 |
| 1997-06-26 | Sold | $525,000 | $55 |
| 1997-01-29 | Sold | $425,000 | $44 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $295,158 | $11,272,501 |
| 2024 | $261,549 | $10,246,267 |
| 2023 | $217,439 | $9,230,697 |
| 2022 | $177,174 | $8,391,543 |
| 2021 | $66,068 | $2,407,934 |
| 2020 | $61,362.98 | $2,189,031 |
| 2019 | $59,113.34 | $1,990,028 |
| 2018 | $59,113.34 | $4,480,106 |
| 2017 | $56,922.22 | $5,075,914 |
| 2016 | $59,519.52 | $1,495,137 |
| 2015 | $39,670.53 | $1,359,215 |
| 2014 | $30,635.16 | $1,235,650 |
| 2013 | $26,393.59 | $1,123,318 |
| 2012 | $33,354.7 | $1,404,147 |
| 2011 | $144,662 | $6,075,300 |
| 2010 | $56,684 | $2,340,245 |
| 2009 | $55,540.2 | $2,363,884 |
| 2008 | $50,583.1 | $2,363,884 |
| 2007 | $44,831.2 | $2,139,261 |
| 2006 | $48,881.7 | $2,139,261 |
| 2005 | $0 | $1,440,580 |
| 2004 | $21,493.5 | $1,405,877 |
| 2003 | $0 | $1,301,738 |
| 2002 | $33,732.6 | $1,370,250 |
| 2001 | $19,064.2 | $0 |
| 2000 | $13,167.5 | $0 |
| 1999 | $13,078.3 | $525,000 |
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