$14,350,000
SOLD JUN 15, 2012
5 Beds
7 Baths
4,795 Sq Ft
1.56 Acres

Recently Sold

$2,993 Per Sq Ft

406 Days on Market

Highlights

  • 142 Feet of Waterfront
  • Direct Ocean View
  • Guest House
  • Palm Beach Public School Rated A-
  • Property has ocean access
  • Cabana

About This Home

As of February 2017

An unusally large track of land is now available. Quiet dunes with endless vistas await just one luckey purchaser.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 03/17/2011

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 03/17/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $279,068

Year Built

  • Built in 1972

Lot Details

  • 142 Feet of Waterfront
  • Northeast Facing Home
  • Fenced Front Yard
  • Sprinkler System
  • Property is zoned RB

Parking

  • 3 Car Garage

Home Design

  • Bermuda Architecture
  • Barrel Roof Shape
  • Brick Veneer
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,795 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Home Gym
  • Direct Ocean Views

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Boca Ratone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234020000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$279,068

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 142
  • Subdivision Name: Boca Ratone
  • Above Grade Finished Sq Ft: 139436.62
  • Architectural Style: Bermuda, Two Story
  • Garage Yn: Yes
  • Year Built: 1972
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 279068.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 4795.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 142
  • Floors:WW Carpeting: Yes
  • Style:Two Story: Yes
  • Style:Bermuda: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • General Property Description:Waterfront Ftg: 142.0
  • Waterfront:Ocean-Direct: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Total Bedrooms: 5
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Smoke Detectors, Storage, Wet Bar
  • Living Area: 4795.0
  • Window Features: Other
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 3 to 10 Acres
  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Brick Veneer, Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Fence-Front Wall, Ocean Access-Deeded, Storm Shutters, Sprinkler System, Satellite Dish, Guesthouse/Cottage
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:Satellite Dish: Yes
  • Construction:Brick Veneer: Yes

Garage/Parking

  • Parking Features: 3 Car
  • Garage:_three_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes
  • Water/Sewer/Septic: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434234020000010
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 279068.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Indian Road Land Trust
Bought by
Rabil Albert and Rabil Tamara
Current Estimated Value
$8,275,000

Purchase Details

Listed on
Feb 4, 2016
Closed on
Jan 24, 2017
Sold by
101 Invian Road Kllc
Bought by
Resnick Michae3l and The Indian Raod Lant Trust
Seller's Agent
Cris Condon
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$55,000,000
Sold Price
$49,000,000
Premium/Discount to List
-$6,000,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.68%
Original Mortgage
$4,900,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 4, 2016
Closed on
Jan 1, 2017
Bought by
Indian Road Land Trust
Seller's Agent
Cris Condon
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$55,000,000
Sold Price
$49,000,000
Premium/Discount to List
-$6,000,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,900,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 17, 2011
Closed on
Jun 14, 2012
Sold by
Rich Robert E
Bought by
101 Indian Road Llc
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$14,350,000
Sold Price
$14,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.30%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $49,000,000 None Available
Deed $49,000,000 --
Special Warranty Deed $143,500 Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $26,888,000 New Conventional
Previous Owner $4,900,000 Adjustable Rate Mortgage/ARM
Previous Owner $29,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2017 02/01/17 Sold $49,000,000 -10.9% $2,678 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
02/04/2016 02/04/16 For Sale $55,000,000 +283.3% $3,005 / Sq Ft
06/15/2012 06/15/12 Sold $14,350,000 0.0% $2,993 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
03/17/2011 03/17/11 For Sale $14,350,000 -- $2,993 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $652,315 $43,879,944 -- --
2023 $639,344 $42,601,362 $0 $0
2022 $640,642 $41,360,546 $0 $0
2021 $651,250 $40,155,870 $0 $0
2020 $658,455 $39,601,450 $22,660,000 $16,941,450
2019 $695,959 $41,005,244 $22,000,000 $19,005,244
2018 $702,627 $42,787,615 $21,660,000 $21,127,615
2017 $634,852 $39,409,841 $18,050,000 $21,359,841
2016 $238,855 $13,886,854 $0 $0
2015 $242,502 $13,283,078 $0 $0
2014 $219,121 $12,075,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 11-650

APN: 50-43-42-34-02-000-0010