NOT LISTED FOR SALE

Estimated Value: $62,454,584

7 Beds
16 Baths
32,661 Sq Ft
$1,912/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2019

Last sale price $40,870,915 $1,251 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $399,097 / mo

90 Days on Market

Highlights

  • Ocean Front
  • Built in 2016 | Newly Remodeled
  • Sitting Area In Primary Bedroom
  • Palm Beach Public School Rated A-
  • Heated In Ground Pool
  • Gated Community

About This Home

As of July 2019

Magnificent Palm Beach direct oceanfront estate with a sprawling 242 feet +/- of beach frontage. Built by Hugh Davis in a French Normandy style, this one-of-a-kind custom estate includes 5 bedrooms, 7 full and 9 half bathrooms along with two fully appointed guest apartments and 8 car garage. The home offers 35,000 +/- square feet of indoor and outdoor living space with ocean views from almost every room due to its perfectly thought out floor plan. An entertainers dream complete with library, home theater, wine room, fitness center, barber shop, and so much more. Breathtaking backyard with outdoor loggia, summer kitchen, infinity pool and spa overlooking the tranquil beaches of the North End.

Last Agent to Sell the Property

Ashley McIntosh

Douglas Elliman License #476962 Listed on: 03/01/2019

Douglas Elliman

Co-Listed By

Gary Pohrer

Serhant License #3068785

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $845,947

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 1.77 Acre Lot
  • Ocean Front
  • East Facing Home
  • Fenced
  • Property is zoned R-A

Parking

  • 8 Car Attached Garage
  • Circular Driveway

Property Views

  • Ocean
  • Pool

Home Design

  • French Provincial Architecture
  • Barrel Roof Shape

Interior Spaces

  • 32,661 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Seawall
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Living Area
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434303140000360

Community Details

Overview

  • No Home Owners Association
  • New Siears Tr Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$845,947

Year Built

Built in 2016 | Newly Remodeled

Lot Details

1.77 Acres

Parking

8

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North Ocean Boulevard
  • Year Built: 2016
  • Architectural Style: French Provincial
  • Unit Levels: Multi/Split, Three Or More
  • New Construction: Yes
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Kitchen Island, Kitchen/Dining Combo, Multiple En Suite Bathrooms, Pantry, Sitting Area in Primary, Split Bedrooms, Storage, Separate Shower, Vaulted Ceiling(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 9
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Marble, Other
  • Living Area: 32661.0
  • Stories: 3

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • View: Ocean, Pool
  • Fencing: Fenced
  • Lot Features: 1-2 Acres
  • Pool Features: Heated, In Ground, Salt Water, Outside Bath Access
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front, Shoreline - Sand, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Deck, Open, Patio, Balcony
  • Property Condition: New Construction
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 8.0
  • Attached Garage: Yes
  • Garage Spaces: 8.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Fire Alarm, Gated Community, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303140000360
  • Lot Size Acres: 1.77
  • Mobile Dim Units: Feet
  • Zoning: R-A

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 845947.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Bought by
Current Estimated Value
$62,454,584

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jul 1, 2019
Sold by
Bought by
Seller's Agent
Ashley McIntosh
Douglas Elliman
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates
List Price
$59,900,000
Sold Price
$40,870,915
Premium/Discount to List
-$19,029,085
-31.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$26,000,000
Interest Rate
3.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000,000
Interest Rate
4.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000,000
Interest Rate
4.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 17, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Kochman & Ziska Plc
$40,871,000 Attorney
-- Attorney
$16,886,790 Attorney
$12,096,000 Attorney
-- --
$7,200,000 --
-- --
$7,500,000 --
$2,950,000 --
-- --
$2,775,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $59,800,000
Previous Owner $26,000,000
Previous Owner $26,000,000
Previous Owner $16,000,000
Previous Owner $1,000,000
Previous Owner $5,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $40,870,915 -31.8% $1,251 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $59,900,000 -- $1,834 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $673,890 $24,835,850
2024 $673,890 $22,578,045
2023 $569,163 $20,525,495 $0 $0
2022 $1,128,442 $49,861,211 $0 $0
2021 $804,820 $54,934,956 $28,750,000 $26,184,956
2020 $682,945 $41,207,613 $25,750,000 $15,457,613
2019 $857,694 $50,724,898 $29,000,000 $21,724,898
2018 $845,947 $52,258,914 $33,723,493 $18,535,421
2017 $780,527 $46,665,593 $28,102,912 $18,562,681
2016 $508,814 $29,582,012 $0 $0
2015 $516,582 $28,295,838 $0 $0
2014 $466,776 $25,723,489 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10509115

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-03-14-000-0360

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