NOT LISTED FOR SALE

1041 Gulfstream Way Riviera Beach, FL 33404

Estimated Value: $3,209,897

4 Beds
3 Baths
2,720 Sq Ft
$1,180/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $2,850,000 $1,048 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $21,511/month

Highlights

  • Property has ocean access
  • Intracoastal View
  • Waterfront
  • William T. Dwyer High School Rated A-
  • Private Pool
  • Recreation Room

About This Home

As of June 2023

Looking for the perfect rental property to bring your boat? Look no further! This stunning waterfront home is not only steps from the beach but also offers a private dock, providing easy access to the water for boating, fishing, and swimming. The spacious and modern interior features four bedrooms and three luxurious bathrooms, ensuring a comfortable and memorable stay. Enjoy breathtaking views of the water from the open-concept living area or the private deck with outdoor furniture. With a fully-equipped kitchen and comfortable bedrooms, this property is perfect for a family or group of friends. Book your stay today and experience luxury waterfront living while bringing your boat along for the ride.

Last Agent to Rent the Property

Meike Macgregor

Compass Florida LLC License #3026406 Listed on: 03/02/2023

Compass Florida LLC

Last Renter's Agent

Patricia Karoussos

The Keyes Company (PBG) License #3342630

The Keyes Company (PBG)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,112

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • Fenced
  • Sprinkler System

Property Views

  • Intracoastal
  • Canal
  • Garden
  • Pool

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,720 Sq Ft Home
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 3/1/23
  • Assessor Parcel Number 56434222040002440

Community Details

Overview

  • Palm Beach Isles Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,112

Year Built

Built in 1969

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2023-03-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA Blvd east to Singer Island, follow Ocean Drive south to Lake Drive. Make a right onto Gulfstream Way, the house will be on the left
  • Year Built: 1969
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Wood
  • Living Area: 2720.0
  • Dining Room Type: Florida Room, Laundry, Recreation

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Canal, Garden, Intercoastal, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 56434222040002440
  • Land Lease Amount Frequency: Monthly
  • Lot Size: East of US-1,Paved Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 13, 2023
Sold by
Smith Harry L and Smith Tammy P
Bought by
1041 Gulfstream Llc
Seller's Agent
Meike Macgregor
Compass Florida LLC
Buyer's Agent
Meike Macgregor
Compass Florida LLC
List Price
$3,145,000
Sold Price
$2,850,000
Premium/Discount to List
-$295,000
-9.38%
Views
9
Current Estimated Value
$3,209,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,897
Avg. Annual Appreciation
4.59%

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 26, 2021
Sold by
Burt C Oliver C and Burt Laura Montressa
Bought by
Smith Harry L and Smith Tammy P
Seller's Agent
STEPHANIE LEFES
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Meike Macgregor
Compass Florida LLC
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 21, 2020
Sold by
Ward Christopher W and Ward Elaine T
Bought by
Burt C Oliver C and Burt Laura Montressa
Seller's Agent
ELAINE WARD
Southern Shore Properties
Buyer's Agent
Starr Downey
Illustrated Properties LLC (Singer Island)
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.93%

Purchase Details

Listed on
May 20, 2019
Closed on
Sep 18, 2019
Sold by
Canaday David D and Canaday Janeth E
Bought by
Ward Christpher M and Ward Elaine T
Seller's Agent
Meike Macgregor
Compass Florida LLC
Buyer's Agent
ELAINE WARD
Southern Shore Properties
List Price
$1,599,000
Sold Price
$1,462,500
Premium/Discount to List
-$136,500
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.57%
Original Mortgage
$750,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2013
Sold by
Canaday Janet E
Bought by
Canaday Janeth E

Purchase Details

Closed on
May 27, 2011
Sold by
Degnan John S
Bought by
Canaday David D and Canaday Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2006
Sold by
Degnan John S and Degnan Margaret C
Bought by
Degnan John S
Source: Public Records

Range of Values:

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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
1041 Gulfstream Llc $2,850,000 Patch Reef Title
1041 Gulfstream Llc $2,850,000 Patch Reef Title
Smith Harry L $2,400,000 Premier Title Company Ltd
Smith Harry L $2,400,000 Premier Title
Burt C Oliver C $2,100,000 Patch Reef Title Company Inc
Ward Christpher M $1,462,500 Patch Reef Title Company Inc
Canaday Janeth E -- Attorney
Canaday David D $765,000 Attorney
Degnan John S -- Trans State Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward Christpher M $750,000
Previous Owner Canaday David D $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Rented $100,000 +700.0% --
04/23/2023 04/23/23 Under Contract -- -- --
03/02/2023 03/02/23 For Rent $12,500 0.0% --
02/13/2023 02/13/23 Sold $2,850,000 -9.4% $1,048 / Sq Ft View Prior Sale
01/09/2023 01/09/23 For Sale $3,145,000 +31.0% $1,156 / Sq Ft
03/30/2021 03/30/21 Sold $2,400,000 0.0% $882 / Sq Ft View Prior Sale
02/28/2021 02/28/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $2,400,000 +14.3% $882 / Sq Ft
09/25/2020 09/25/20 Sold $2,100,000 0.0% $772 / Sq Ft View Prior Sale
08/26/2020 08/26/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $2,100,000 +43.6% $772 / Sq Ft
09/20/2019 09/20/19 Sold $1,462,500 -8.5% $538 / Sq Ft View Prior Sale
08/21/2019 08/21/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $1,599,000 -- $588 / 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 $53,112 $2,567,681 -- --
2023 $49,806 $2,281,914 $0 $0
2022 $44,063 $2,074,467 $0 $0
2021 $32,032 $1,462,519 $1,071,000 $391,519
2020 $20,231 $955,832 $0 $0
2019 $23,941 $1,123,789 $891,000 $232,789
2018 $21,594 $1,078,818 $852,888 $225,930
2017 $19,893 $976,901 $748,148 $228,753
2016 $18,452 $787,298 $0 $0
2015 $17,744 $715,725 $0 $0
2014 $16,150 $650,659 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10870333

BeachesMLS

APN: 56-43-42-22-04-000-2440