NOT LISTED FOR SALE

Estimated Value: $7,274,000 - $15,494,898

3 Beds
5.5 Baths
5,705 Sq Ft
$1,996/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $7,650,000 $1,341 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $74,178/month

90 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Waterfront
  • Palm Beach Public School Rated A-
  • Heated Pool
  • Marble Flooring

About This Home

As of July 2014

In-town Oceanfront Unique Opportunity
Magnificent, designer decorated, luxurious new home. 6500+ sf. Breathtaking views! 3 spacious bedrooms + den, cabana room, 5.5 baths. Private terraces, pool, and elevator. Impact glass, generator, concierge service. A must see, there is nothing like it!

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 03/19/2014

The Corcoran Group

Co-Listed By

Laurie Barfield

The Keyes Company - Stuart License #3229951

Last Buyer's Agent

Asha Radtke

Sotheby's Intl. Realty, Inc. License #507416

Sotheby's Intl. Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $85,645

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • East Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,705 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Fireplace
  • Dining Room
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Gas Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434326220000010

Community Details

Overview

  • Association fees include insurance, sewer
  • Las Ventanas Condo Subdivision

Recreation

  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$85,645

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: On the corner of S Ocean Blvd and Gulfstream Rd. 2 streets south of Worth Ave.
  • Year Built: 2008
  • Architectural Style: Mediterranean
  • Unit Levels: Three Or More
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator, Multiple En Suite Bathrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 5705.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Ocean
  • Fencing: Fenced
  • Pool Features: Heated
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Balcony

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4312.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Trail(s)

Fee Information

  • Association Fee Includes: Insurance, Sewer

Lot Info

  • Parcel #: 50434326220000010
  • Mobile Dim Units: Feet
  • Zoning: RS

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 85645.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2016
Sold by
Zana Occanfront Llc
Bought by
Rawlings George
Current Estimated Value
$11,384,449

Purchase Details

Listed on
Mar 19, 2014
Closed on
Jul 16, 2014
Sold by
Feldman Amy and Feldman Robert
Bought by
Zana Oceanfront Llc
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Asha Radtke
Sotheby's Intl. Realty, Inc.
List Price
$11,500,000
Sold Price
$7,650,000
Premium/Discount to List
-$3,850,000
-33.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$5,000,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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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Purchase History

Date Buyer Sale Price Title Company
Rawlings George $13,900,000 None Available
Zana Oceanfront Llc $7,650,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zana Oceanfront Llc $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2014 07/17/14 Sold $7,650,000 -33.5% $1,341 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $11,500,000 -- $2,016 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $175,773 $12,400,000 -- --
2024 $175,773 $11,380,050 -- --
2023 $168,682 $10,345,500 $0 $0
2022 $154,925 $9,405,000 $0 $0
2021 $138,821 $8,550,000 $0 $8,550,000
2020 $160,911 $9,750,000 $0 $9,750,000
2019 $164,330 $9,750,000 $0 $9,750,000
2018 $158,994 $9,750,000 $0 $9,750,000
2017 $162,502 $9,750,000 $0 $0
2016 $111,898 $6,500,000 $0 $0
2015 $116,545 $6,500,000 $0 $0
2014 $87,419 $4,851,599 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10025777

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-26-22-000-0010