$12,300,000
SOLD JAN 19, 2024

1131 Spanish River Rd Boca Raton, FL 33432

Spanish River Land Neighborhood
6 Beds
8.5 Baths
8,961 Sq Ft
0.39 Acres

Recently Sold

$1,373 Per Sq Ft

17% Below List Price

52 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Intracoastal View
  • Boca Raton Community Middle School Rated A-
  • Home fronts navigable water
  • 5-minute walk to Spanish River Athletic Facilities

About This Home

As of January 2024

COMPLETELY REBUILT DIRECT INTRACOASTAL HOME IN 2022! 1131 Spanish River Road by Marc Julien Homes is a testament to timeless architecture while offering the highest standards of contemporary, modern day living. This completely reimagined and rebuilt Mediterranean Masterpiece is located in the famed ''Estate Section'' of Spanish River Land and sits on an oversized 17,000 SF lot with 100 feet of direct Intracoastal frontage. Offered furnished and in turn-key condition, the nearly 9,000 SF under air waterfront estate boasts 6 ensuite bedrooms, 8 and a half baths with captivating water views throughout all of the main living spaces. The residence is equipped with complete high-impact glass protection, a three-car garage, a new full-house generator, and is powered by Control-4 Home Automation

Last Agent to Sell the Property

Nicholas Younker

William Raveis Real Estate License #3463757 Listed on: 10/26/2023

Last Buyer's Agent

Bonnie Heatzig

Compass Florida LLC License #3100407

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $96,871

Year Built

  • Built in 1997

Lot Details

  • 0.39 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned R1A(ci

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 8,961 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Built-In Features
  • Bar
  • Skylights
  • Decorative Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Tile Flooring
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

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

Pool

  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Balcony
  • Open Patio
  • Outdoor Grill
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06434729050050072

Community Details

Overview

  • Spanish River Land Co Sub Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$96,871

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Camino Real East to Spanish River Road. South on Spanish River Road. Estate on West side.
  • Year Built: 1997
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, Kitchen/Dining Combo, Skylights, Separate Shower, Bar, Walk-In Closet(s), Loft
  • Private Spa: Yes
  • Furnished: Furnished
  • Spa Features: Heated, In Ground
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Flooring: Other, Tile
  • Living Area: 8961.0
  • Dining Room Type: Den, Family Room, Great Room, Loft, Media Room, Storage Room
  • Stories: 2
  • Window Features: Impact Glass, Skylight(s)

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Porch, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio, Porch, Wrap Around
  • Property Condition: Resale
  • Roof: Barrel, Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Open, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729050050072
  • Lot Size: 100.0 ft x 170.0 ft
  • Lot Size Sq Ft: 17000.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 96871.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Markel Stephanie and Somerville Deborah
Bought by
Jhm Family Dynasty Trust and Markel
Current Estimated Value
$8,876,446

Purchase Details

Listed on
Oct 26, 2023
Closed on
Jan 19, 2024
Sold by
1131 Spanish River Llc
Bought by
Markel Stephanie and Markel James P
Seller's Agent
Nicholas Younker
William Raveis Real Estate
Buyer's Agent
Bonnie Heatzig
Compass Florida LLC
List Price
$14,750,000
Sold Price
$12,300,000
Premium/Discount to List
-$2,450,000
-16.61%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.54%

Purchase Details

Listed on
Sep 14, 2020
Closed on
Apr 26, 2021
Sold by
Frost Richard and Frost Rachel
Bought by
1131 Spanish River Llc
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Nicholas Younker
William Raveis Real Estate
List Price
$5,950,000
Sold Price
$5,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.47%

Purchase Details

Closed on
Apr 6, 1995
Sold by
Newman Thomas L and Jung Erna
Bought by
Frost Richard B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $11,101,757 None Listed On Document
Warranty Deed $5,950,000 Attorney
Personal Reps Deed $557,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,750,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $12,300,000 -16.6% $1,373 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $14,750,000 +147.9% $1,646 / Sq Ft
04/26/2021 04/26/21 Sold $5,950,000 0.0% $664 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
09/15/2020 09/15/20 For Sale $5,950,000 -- $664 / 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 $128,354 $6,697,624 -- --
2023 $108,225 $6,046,916 $3,951,860 $2,732,694
2022 $96,871 $5,497,196 $0 $0
2021 $56,528 $3,153,144 $0 $0
2020 $55,744 $3,109,609 $0 $0
2019 $56,058 $3,039,696 $0 $0
2018 $52,551 $2,983,019 $0 $0
2017 $52,290 $2,921,664 $0 $0
2016 $52,531 $2,861,571 $0 $0
2015 $54,000 $2,841,679 $0 $0
2014 $54,227 $2,819,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nicholas Younker

    William Raveis Real Estate

    (561) 655-6570

    2 in this area

    24 Total Sales

    Nicholas Younker
    Section Image
  • Bonnie Heatzig

    Buyer's Agent in 2024

    Bonnie Heatzig

    Compass Florida LLC

    (561) 251-0321

    1 in this area

    100 Total Sales

    Bonnie Heatzig
    Section Image
  • Joseph Liguori

    Seller's Agent in 2021

    Joseph Liguori

    Premier Estate Properties Inc

    (561) 702-3477

    33 in this area

    133 Total Sales

    Joseph Liguori
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10930744

BeachesMLS

APN: 06-43-47-29-05-005-0072

Florida Palm Beach County Boca Raton 33432 Spanish River Land

1131 Spanish River Rd, Boca Raton, FL

This home is located at 1131 Spanish River Rd, Boca Raton, FL 33432 and is currently priced at $12,300,000, approximately $1,372 per square foot. This property was built in 1997. 1131 Spanish River Rd is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High 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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