NOT LISTED FOR SALE

Estimated Value: $7,880,000 - $10,935,664

5 Beds
7 Baths
9,206 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $8,600,000 $934 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $66,745/month

219 Days on Market

Highlights

  • 190 Feet of Waterfront
  • Boat Ramp
  • Golf Course Community
  • Beacon Cove Intermediate School Rated A-
  • Property has ocean access
  • Gated with Attendant

About This Home

As of March 2021

A true masterpiece built by Turtle Beach Construction awaits you. This custom built, thoughtfully designed home has everything one could want. There are multiple places to entertain from the club room with a built in bar to the open great room adjoined to the gourmet kitchen, theater room and summer kitchen that leads to the amazing outdoor space that has spectacular sunsets. You will want to spend countless hours taking in the water views relaxing by the infinity edge pool that feels like it cascades into the panoramic waterway and in the distance a bird sanctuary that is memorizing. Grand formal space, solid marble columns, Venetian plaster, hand painted moldings, high end appliances, a guest house and so much more! This home is sophistication and magnificence at it's best.

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 07/02/2020

Last Buyer's Agent

Seth Benkaddour

William Raveis Real Estate License #3316790

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $94,276

Year Built

  • Built in 2007

Lot Details

  • 0.49 Acre Lot
  • 190 Feet of Waterfront
  • Home fronts navigable water
  • Sprinkler System
  • Property is zoned R1(cit

HOA Fees

  • $736 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Apartment
  • Garage Door Opener

Property Views

  • Lagoon
  • Canal
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 9,206 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished or left unfurnished upon request
  • Bar
  • Vaulted Ceiling
  • Decorative Fireplace
  • Great Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Rip-Rap
  • Balcony
  • Open Patio
  • Outdoor Grill

Schools

  • Jupiter Middle School
  • Jupiter High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30434107090000460

Community Details

Overview

  • Association fees include cable TV, reserve fund, security
  • Admirals Cove Subdivision

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Community Spa
  • Putting Green

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$94,276

Year Built

Built in 2007

Lot Details

0

HOA Fees

$736 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Admirals Cove Blvd, to Commodore Dr to Quayside Drive.
  • Year Built: 2007
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Elevator, Family/Dining Room, Fireplace, Separate Shower, Vaulted Ceiling(s), Bar
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Tile, Wood
  • Living Area: 9206.0
  • Dining Room Type: Den, Garage Apartment, Great Room, Media Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Canal, Lagoon, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges, Ocean Access, Riprap
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Barrel
  • FrontageLengthRemarks: 190

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Detached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 736.0
  • Community Features: Boat Facilities, Clubhouse, Golf, Golf Course Community, Gated, Property Manager On-Site, Sauna, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Management, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Reserve Fund, Security

Schools

  • High School: Jupiter
  • Middle Or Junior School: Jupiter

Lot Info

  • Parcel #: 30434107090000460
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 21515.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 94276.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2021
Sold by
Peavey Hartley D and Peavey Mary L
Bought by
1200 South Ocean Llc
Current Estimated Value
$9,475,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500,000
Outstanding Balance
$16,061,895
Interest Rate
2.8%
Estimated Equity
-$6,171,192

Purchase Details

Listed on
Jul 2, 2020
Closed on
Mar 9, 2021
Sold by
Mercadante Gerald and Mercadante Eugenia
Bought by
Gulati Nobel and Gulati Ruchi
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Seth Benkaddour
William Raveis Real Estate
List Price
$9,500,000
Sold Price
$8,600,000
Premium/Discount to List
-$900,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
Original Mortgage
$6,020,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
Sold by
Clark John A and Clark Carolyn J
Bought by
Mercadante Gerald and Mercadante Eugenia
Source: Public Records

Range of Values:

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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
1200 South Ocean Llc $25,750,000 Attorney
Gulati Nobel $8,600,000 Attorney
Mercadante Gerald $2,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1200 South Ocean Llc $17,500,000
Previous Owner Gulati Nobel $6,020,000
Previous Owner Clark John A $2,025,000
Previous Owner Clark John Allan $1,920,000
Previous Owner Clark John A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $8,600,000 -9.5% $934 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
07/02/2020 07/02/20 For Sale $9,500,000 -- $1,032 / Sq Ft
Source: BeachesMLS

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 $172,578 $10,131,805 -- --
2023 $172,089 $9,750,830 $0 $0
2022 $159,269 $8,864,391 $0 $0
2021 $94,093 $5,138,189 $0 $0
2020 $94,276 $5,067,248 $0 $0
2019 $93,355 $4,953,322 $0 $0
2018 $89,006 $4,860,964 $0 $0
2017 $89,079 $4,760,983 $0 $0
2016 $89,550 $4,663,059 $0 $0
2015 $91,860 $4,630,644 $0 $0
2014 $93,235 $4,593,893 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10635668

BeachesMLS

APN: 30-43-41-07-09-000-0460