NOT LISTED FOR SALE

1040 S Ocean Blvd Lantana, FL 33462

Estimated Value: $5,262,000

8 Beds
15 Baths
16,570 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $25,750,000 $1,554 Per Sq Ft

Current estimated payment $34,072/month

232 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Recreation Room
  • Newly Remodeled
  • 93,365 Sq Ft lot
  • Vaulted Ceiling

About This Home

As of January 2021

New Ocean-to-Intracoastal compound in the prized Estate Section is sublime and serene on 200+/- feet of beachfront and 200+/- feet on the waterway with dock. This seaside masterpiece brings the ideals of modern luxury to the classic Gold Coast tradition. Grand entertaining with a soaring great room,multiple wet bars, club room, wine room, poolside ocean loggias. Sumptuous master wing, private guest house, 5 garage bays.The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer shouldverify all measurements

Last Agent to Sell the Property

Pascal Liguori

Premier Estate Properties, Inc License #3009820 Listed on: 05/11/2020

Last Buyer's Agent

Pascal Liguori

Premier Estate Properties, Inc License #3009820 Listed on: 05/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $357,724

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 2.14 Acre Lot
  • Ocean Front
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned R-1C(c

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 16,570 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Loft
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Impact Glass

Outdoor Features

  • Concrete Pool
  • Seawall

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Community Details

  • Hypoluxo Beach Map Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42434502010000122

Home Details

Home Type

Single Family

Est. Annual Taxes

$357,724

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On Ocean side of A1A between the Boynton Beach inlet and Ocean Dr.
  • Year Built: 2018
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Attic, Central Vacuum, Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 12
  • Half Bathrooms: 3
  • Total Bedrooms: 8
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Living Area: 16570.0
  • Dining Room Type: Attic, Den, Family Room, Laundry, Loft, Recreation, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • View: Intercoastal, Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Security Gate
  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 42434502010000122
  • Lot Size Sq Ft: 93365.0
  • Zoning Description: R-1C(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 357724.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jan 29, 2021
Sold by
Whimsical Florida Llc
Bought by
1040 Ocean Llc
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Pascal Liguori
Premier Estate Properties, Inc
List Price
$34,950,000
Sold Price
$25,750,000
Premium/Discount to List
-$9,200,000
-26.32%
Current Estimated Value
$5,262,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,488,000
Avg. Annual Appreciation
-28.88%

Purchase Details

Closed on
Oct 31, 2016
Sold by
Pnc Delaware Trust Company
Bought by
Whimsical Florida Llc

Purchase Details

Closed on
May 23, 2008
Sold by
Bloomberg Carolina B and Bloomberg Samuel J
Bought by
Pnc Bank Delaware and Daniel Kloiber Dynasty Trust

Purchase Details

Closed on
Oct 22, 2001
Sold by
Vegosen Dean and Rosenbach Dean
Bought by
Depaola Michael

Purchase Details

Closed on
Oct 19, 2001
Sold by
Solms Charles
Bought by
Depaola Michael
Source: Public Records

Range of Values:

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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
1040 Ocean Llc $25,750,000 Attorney
Whimsical Florida Llc $29,448,569 Madison Title Agency Llc
Whimsical Florida Llc -- None Available
Pnc Bank Delaware $9,225,000 Attorney
Depaola Michael -- --
Depacia Michael $7,400,000 --
Depaola Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bloomberg Samuel J $1,910,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $25,750,000 -26.3% $1,554 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $34,950,000 -- $2,109 / 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 $748,629 $41,933,196 -- --
2023 $736,947 $38,111,000 $0 $0
2022 $653,007 $41,312,920 $0 $0
2021 $390,991 $23,815,673 $13,500,600 $10,315,073
2020 $357,724 $21,452,385 $11,400,000 $10,052,385
2019 $373,574 $22,157,970 $12,000,000 $10,157,970
2018 $201,084 $12,420,272 $12,418,532 $1,740
2017 $188,605 $11,607,828 $11,606,104 $1,724
2016 $166,446 $9,144,573 $0 $0
2015 $159,092 $8,313,248 $0 $0
2014 $135,174 $7,557,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Pascal Liguori

    Premier Estate Properties, Inc

    (561) 414-4849

    12 in this area

    161 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10621851

BeachesMLS

APN: 42-43-45-02-01-000-0122

Florida Palm Beach County Lantana 33462

1040 S Ocean Blvd, Lantana, FL

This home is located at 1040 S Ocean Blvd, Lantana, FL 33462 since 11 May 2020 and is currently estimated at $5,262,000, approximately $317 per square foot. This property was built in 2018. 1040 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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