NOT LISTED FOR SALE

Estimated Value: $6,619,114 - $7,868,000

5 Beds
6 Baths
5,530 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $7,000,000 $1,266 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $45,370/month

56 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Pool and Spa
  • Contemporary Architecture
  • Dock has access to electricity and water
  • New Construction
  • Wood Flooring

About This Home

As of April 2024

Enjoy sophisticated waterfront living in this brand-new home in this hidden slice of paradise! This spectacular home located in the private enclave of Pirates Cove offers a flexible floorplan with 5 spacious bedrooms plus loft, and 5.5 baths. The stunning backyard offers an outdoor kitchen, inviting infinity edge pool, and gorgeous intracoastal views. The first floor living area includes a large living room with fireplace, dining room overlooking the water, and a chef's kitchen with two islands, Thermador appliances including a dual-fuel range, wine cooler, and walk-in pantry. Other features include impact glass throughout, elevator, electric shades, 1000-gallon propane tank, tankless water heaters, three car garage, and app-controlled automated pool and Sonos sound capability.

Minutes

Last Agent to Sell the Property

Paula Wittmann

William Raveis Real Estate License #3215722 Listed on: 01/03/2024

William Raveis Real Estate

Co-Listed By

Michelle Noga

William Raveis Real Estate License #SL-3295221

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,964

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.27 Acre Lot
  • 70 Feet of Waterfront
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • Home has East and West Exposure
  • Sprinkler System
  • Property is zoned RS

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,530 Sq Ft Home
  • Elevator
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Room
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Bulkhead
  • Dock has access to electricity and water
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pirates Cove Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00434205060000600

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,964

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: .2731 acres
  • Subdivision Name: Pirates Cove
  • Directions: PGA Blvd to Prosperity Farms Road to Canal to W. Teach Road.
  • Architectural Style: Contemporary
  • Year Built: 2023
  • Location Tax Legal:Zoned: RS
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 17963.62
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 5530.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): .2731 acres
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:County Water: Yes
  • WaterSewer:Sewer: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 11761
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Waterfront:Canal: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Other Materials2: Yes
  • General Property Description:Waterfront Ftg: 70.0
  • Waterfront:Intracoastal-Direct: Yes
  • Dock:Water at Dock: Yes
  • Garage 3 Car: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Sound System, Smoke Detectors, Storage, Pantry
  • Living Area: 5530.0
  • Window Features: Impact Glass
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Canal, Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction
  • Exterior Features: Patio/Lanai, Seawall/Bulkhead, Built-in Grill, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 3 Car, Attached
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Water Source: County Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 11761.0
  • Parcel #: 00434205060000600
  • Zoning: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 17963.62
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Apr 10, 2024
Sold by
Nisberg Jay N and Nisberg Sally
Bought by
Trefz Christian and Trefz Patricia
Seller's Agent
Paula Wittmann
William Raveis Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$7,500,000
Sold Price
$7,000,000
Premium/Discount to List
-$500,000
-6.67%
Views
52
Current Estimated Value
$7,241,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,529
Avg. Annual Appreciation
-0.24%

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 3, 2023
Sold by
11300 W Teach Rd Llc
Bought by
Nisberg Jay and Nisberg Sally
Seller's Agent
Anthony Hernandez
Illustrated Properties LLC (Co
Buyer's Agent
Robert J
Illustrated Properties LLC (Co
List Price
$7,000,000
Sold Price
$6,318,663
Premium/Discount to List
-$681,338
-9.73%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.20%
Original Mortgage
$727,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2022
Sold by
Sean Foster Gregory
Bought by
11300 W Teach Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,706,135
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jul 6, 2020
Sold by
Dolan Colleen E
Bought by
Foster Gregory Seasn
Seller's Agent
Ashley Barbaree
Sutter & Nugent LLC
Buyer's Agent
Ashley Barbaree
Sutter & Nugent LLC
List Price
$1,150,000
Sold Price
$940,000
Premium/Discount to List
-$210,000
-18.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.81%
Original Mortgage
$510,400
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Cotton Steven S
Bought by
Dolan Colleen E and Sanchez Edward O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 1995
Sold by
Cotton Dorothy J and Poole Dorothy J
Bought by
Cotton Dorothy J and Sibley Edith A

Purchase Details

Closed on
Oct 27, 1992
Sold by
Poole John A and Poole Dot J
Bought by
Poole Dorothy J
Source: Public Records

Range of Values:

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Average Value
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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
Trefz Christian $7,000,000 None Listed On Document
Nisberg Jay $6,318,662 None Listed On Document
11300 W Teach Rd Llc $498,879 Daniel J Shepherd Pa
Foster Gregory Seasn $940,000 None Available
Dolan Colleen E $465,000 South Florida Title Insurers
Cotton Dorothy J -- --
Poole Dorothy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nisberg Jay $727,000
Previous Owner 11300 W Teach Rd Llc $2,706,135
Previous Owner Foster Gregory Seasn $510,400
Previous Owner Dolan Colleen E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $7,000,000 -6.7% $1,266 / Sq Ft
01/03/2024 01/03/24 For Sale $7,500,000 +18.7% $1,356 / Sq Ft
11/03/2023 11/03/23 Sold $6,318,663 -9.7% $1,143 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $7,000,000 +644.7% $1,266 / Sq Ft
07/06/2020 07/06/20 Sold $940,000 -18.3% $461 / Sq Ft
07/06/2020 07/06/20 For Sale $1,150,000 -- $564 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $85,522 $5,264,641 -- --
2023 $29,727 $1,810,460 $1,800,000 $10,460
2022 $17,964 $859,085 $0 $0
2021 $13,995 $780,986 $693,000 $87,986
2020 $7,920 $468,295 $0 $0
2019 $7,829 $457,766 $0 $0
2018 $7,412 $449,231 $0 $0
2017 $7,327 $439,991 $0 $0
2016 $7,366 $430,941 $0 $0
2015 $7,553 $427,945 $0 $0
2014 $7,573 $424,549 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-14

APN: 00-43-42-05-06-000-0600