NOT LISTED FOR SALE

102 Bonito Dr Ocean Ridge, FL 33435

Estimated Value: $1,441,977 - $1,791,000

0.3 Acres
$5,388,297 Price per Acre
13,068 Sq Ft Lot

Last Sold December 08, 2021

Last sale price $1,258,220

Est. 28% increase in value since last sale

Current estimated payment $10,489/month

65 Days on Market

Highlights

  • Community Beach Access
  • No HOA
  • Paved or Partially Paved Lot
  • Property fronts an intracoastal waterway

About This Lot

As of December 2021

Build your dream home on the water in this coveted Ocean Ridge enclave. The most affordable waterfront lots in town, they offer the opportunity for total customization in building and finishes - get exactly what you want and keep your boat in the backyard. A short walk to the OR Beach Club and minutes by boat to the Inlet. Live the SoFlo dream life and enjoy everything that coastal living has to offer. 15 minutes to Atlantic Ave, 20 minutes to Palm Beach. Purchase Options:
a. Lot 103 - Approx 10,255 sqft
b. Lot 102 - Approx 13,010 sqft
c. Both lots - 23,265 sqft on the water to build a truly spectacular waterfront estate totaling over 7,000 sqft under air.

Last Agent to Sell the Property

CHRISTY LARRIMORE

Engel & Voelkers Delray Beach License #3352310 Listed on: 09/27/2021

Engel & Voelkers Delray Beach

Last Buyer's Agent

Lenny Felberbaum

Engel & Voelkers Delray Beach License #3162200

Engel & Voelkers Delray Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,828

Lot Details

  • 13,068 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • Northeast Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RSF(ci

Utilities

  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 46434522100001020

Community Details

Overview

  • No Home Owners Association
  • MC Cormick Mile Add 1 Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$9,828

Lot Details

0.3 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: A1A to Island Drive. Left on Island Drive South. Right on Bonito. Property is on the left.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Road Surface Type: Paved
  • Waterfront Features: Canal Front, Intracoastal Access
  • Waterfront: Yes
  • Direction Faces: Northeast

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Amenities: Beach Rights, Beach Access
  • Association: No

Lot Info

  • Parcel #: 46434522100001020
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13010.0
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: RSF(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9827.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Dec 8, 2021
Sold by
101 Bonito Drive Llc
Bought by
103 Bonita Drive Llc
Seller's Agent
CHRISTY LARRIMORE
Engel & Voelkers Delray Beach
Buyer's Agent
Lenny Felberbaum
Engel & Voelkers Delray Beach
List Price
$1,990,000
Sold Price
$1,258,221
Premium/Discount to List
-$731,780
-36.77%
Current Estimated Value
$1,616,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,269
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Jul 1, 2021
Sold by
Bertanzetti Matthew
Bought by
101 Bonito Drive Llc

Purchase Details

Closed on
Apr 16, 2021
Sold by
Jarvis Debra
Bought by
Bertanzetti Matthew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
103 Bonita Drive Llc $1,125,000 Corbin & Associates Pa
101 Bonito Drive Llc $1,950,000 Attorney
Bertanzetti Matthew $750,000 Lexant Title & Escrow Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $1,258,221 -36.8% --
11/08/2021 11/08/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $1,990,000 -- --
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 $22,208 $1,282,552 -- --
2024 $22,208 $1,165,956 -- --
2023 $20,968 $1,059,960 $0 $0
2021 $19,921 $1,058,741 $0 $0
2020 $19,655 $1,044,123 $0 $0
2019 $19,414 $1,020,648 $0 $0
2018 $18,508 $1,001,617 $0 $0
2017 $18,303 $981,016 $0 $0
2016 $18,448 $960,838 $0 $0
2015 $18,880 $954,159 $0 $0
2014 $18,917 $946,586 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10748088

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-22-10-000-1020

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