NOT LISTED FOR SALE

Estimated Value: $6,829,000 - $13,370,493

5 Beds
7.5 Baths
9,717 Sq Ft
$1,039/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $15,000,000 $1,544 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $62,497/month

98 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Gated Community
  • Felix A. Williams Elementary School Rated A-
  • Heated Pool
  • Waterfront

About This Home

As of March 2024

This extraordinary oceanfront property, located on sought after Hutchinson Island, offers a combination of modern design and practical luxury. Situated on a 2.3+ acre double lot in the gated neighborhood of Galleon Bay, it provides an impressive 239 feet of unobstructed oceanfront, making it a highly coveted and picturesque location. The home's contemporary design, completed in 2019, seamlessly blends aesthetics with functionality, and from the moment you step inside, a two-story glass wall on the second floor offers breathtaking views of the Atlantic Ocean. Not only does this house exude modern luxury, it provides unparalleled security and privacy. The open-concept kitchen, with an oversized island, is ideal for cooking and entertaining, and it flows into the main dining and living spaces, creating a seamless connection between the interior and the captivating outdoor environment. Two additional rooms offer flexibility for use as offices or bedrooms, adapting to your needs. The property features both river and ocean pools with a heated spa, providing options for relaxation and recreation. On the third level, the main suite is a luxurious retreat, equipped with a morning bar, fireplace, living wall, an infinity tub, glass shower, and expansive boutique closets. There are two more guest rooms with water views and en-suite baths, ensuring awe inspiring views from all over the house. The ground level offers an array of amenities, including two separate garages, a fitness center, theater, game room, lounge, outdoor shower, basketball court, and waterscapes. All throughout the grounds you will find custom water features, impressive mature landscaping and even a basketball court hidden on the massive property. For added convenience, the property is equipped with a complete home generator and Creston home integration. This stunning oceanfront estate is a harmonious blend of modern luxury and practicality, offering a comfortable and opulent lifestyle in a truly picturesque and private setting on the Treasure Coast of Florida.

Last Agent to Sell the Property

William Volpe

Serhant License #3336652 Listed on: 11/18/2023

Serhant

Co-Listed By

Ryan Serhant

Serhant License #3531009

Last Buyer's Agent

Agata Downar-Zapolska

Keyes - Boca East License #3557963

Keyes - Boca East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101,063

Year Built

  • Built in 2019

Lot Details

  • Waterfront
  • Cul-De-Sac
  • West Facing Home

Parking

  • 7 Car Attached Garage

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 9,717 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Custom Mirrors
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Fireplace
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Pool

  • Heated Pool
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 303742015000001405

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas
  • Galleon Bay Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$101,063

Year Built

Built in 2019

Lot Details

0

Parking

7

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: ENTER Galleon Bay TURN RIGHT LAST HOME IN THE CUL DE SAC
  • Year Built: 2019
  • Architectural Style: Colonial
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Closet Cabinetry, Dual Sinks, High Ceilings, Custom Mirrors, Pantry, Sitting Area in Primary, Storage, Separate Shower, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: In Ground
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Microwave
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 9717.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 3

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • View: Intercoastal, Ocean
  • Lot Features: 2-3 Acres, Cul-De-Sac
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Glass Enclosed, Porch, Wrap Around, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 7.0
  • Attached Garage: Yes
  • Garage Spaces: 7.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Garage

Utilities

  • Security: Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1233.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Gated
  • Senior Community: No
  • Amenities: None
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 303742015000001405
  • Mobile Dim Units: Feet
  • Zoning: residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 101063.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Mar 14, 2024
Sold by
Roger C Smith Living Trust
Bought by
Troposphere 55 Trust and Resnick
Seller's Agent
William Volpe
Serhant
Buyer's Agent
Agata Downar-Zapolska
Keyes - Boca East
List Price
$16,995,000
Sold Price
$15,000,000
Premium/Discount to List
-$1,995,000
-11.74%
Views
239
Current Estimated Value
$10,099,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,900,253
Avg. Annual Appreciation
-19.25%
Original Mortgage
$10,000,000
Outstanding Balance
$9,554,306
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$545,441

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jun 19, 2015
Sold by
Joint Venture Galleon Bay
Bought by
Smith Roger C
Seller's Agent
Adam Brown
Waterfront Properties & Club C
Buyer's Agent
Andrew Daversa PA
Waterfront Properties & Club C
List Price
$1,300,000
Sold Price
$1,175,000
Premium/Discount to List
-$125,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.78%

Purchase Details

Closed on
Jan 6, 2000
Sold by
Jones Associates Ltd
Bought by
Roger C Smith Living Trust

Purchase Details

Closed on
Jan 1, 1901
Bought by
Roger C Smith Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Troposphere 55 Trust $15,000,000 Coastal Title Services
Troposphere 55 Trust $15,000,000 Coastal Title Services
Smith Roger C $2,425,000 Attorney
Roger C Smith Living Trust $1,127,700 --
Roger C Smith Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troposphere 55 Trust $10,000,000
Closed Troposphere 55 Trust $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $15,000,000 -6.2% $1,544 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/17/2024 02/17/24 Price Changed $15,995,000 -5.9% $1,646 / Sq Ft
11/18/2023 11/18/23 For Sale $16,995,000 +1346.4% $1,749 / Sq Ft
06/19/2015 06/19/15 Sold $1,175,000 -9.6% -- View Prior Sale
06/11/2015 06/11/15 For Sale $1,300,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $106,772 $11,728,800 $3,975,000 $7,753,800
2024 $105,274 $6,441,877 -- --
2023 $105,274 $6,250,852 $0 $0
2022 $102,124 $6,068,789 $0 $0
2021 $103,176 $5,892,029 $0 $0
2020 $102,336 $5,810,680 $1,650,000 $4,160,680
2019 $27,712 $1,530,000 $1,530,000 $0
2018 $27,564 $1,530,000 $1,530,000 $0
2017 $15,098 $879,750 $879,750 $0
2016 $15,880 $920,000 $920,000 $0
2015 $9,888 $717,750 $717,750 $0
2014 $9,888 $594,000 $594,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10937135

BeachesMLS (Greater Fort Lauderdale)

APN: 30-37-42-015-000-00140-5