$32,500,000
SOLD JAN 19, 2024

1140 S Ocean Blvd Lantana, FL 33462

12 Beds
15 Baths
15,821 Sq Ft
1.61 Acres

Recently Sold

$2,054 Per Sq Ft

45% Below List Price

386 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Home Theater
  • Deeded Boat Dock
  • Fitness Center
  • New Construction

About This Home

As of May 2025

Welcome to Villa Azur. A 16,000sf +/- 12 beds 13 baths + 2 powder rooms Mediterranean estate that includes a 4 bed guest house and a 1 bed 1 bath pool house. Dive in the opulence of the Addison Mizner era, with a blend of classic charm and modern elegance. The outdoor oasis, with 150' of direct ocean frontage and an infinity edge pool will leave you breathless. Symmetrical design, offering a sense of balance and harmony. Indulge in the finest dining experience in the stunning loggia, or relax in the Champagne Room, taking in the magnificent sunsets. The gym, library, theater, game room, and 1k bottle wine cellar provide endless entertainment possibilities. Villa Azur is a masterpiece sitting on the highest point in Manalapan making it the best deal out there.

Last Agent to Sell the Property

Pier Paolo Visconti

Douglas Elliman License #3184456 Listed on: 11/28/2022

Douglas Elliman

Co-Listed By

Claudia Llanes

Douglas Elliman License #3469979

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $297,825

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.61 Acre Lot
  • 150 Ft Wide Lot
  • Ocean Front
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Fenced
  • Property is zoned R-1C (ci

Parking

  • 8 Car Attached Garage
  • Electric Vehicle Home Charger
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Direct Ocean
  • Intracoastal

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 15,821 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Fireplace
  • Great Room
  • Family Room
  • Home Theater
  • Den
  • Utility Room in Garage

Kitchen

  • Gas Range
  • Dishwasher
  • Cooking Island
  • Trash Compactor

Flooring

  • Parquet
  • Marble
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Two Primary Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Deeded Boat Dock
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 42434502010000144

Community Details

Overview

  • No Home Owners Association
  • Hypoluxo Beach Map 1 Subdivision

Amenities

  • Game Room
  • Bar or Lounge
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$297,825

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: HYPOLUXO BEACH MAP 1
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Wet Bar, Den/Library/Office, Family Room, Great Room, Media Room, Utility/Laundry In Garage
  • Spa Yn: Yes
  • Full Bathrooms: 13
  • Half Bathrooms: 2
  • Total Bedrooms: 12
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Marble, Parquet, Slate
  • Furnished: Unfurnished
  • Living Area: 15821
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Spa Features: Community
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Media Room, Utility/Laundry In Garage
  • Master Bathroom Features: 2 Primary Bathrooms, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Intracoastal View, Ocean, Direct Ocean
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Open Balcony
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: HYPOLUXO BEACH MAP 1
  • Covered Parking Spaces: 8
  • Garage Spaces: 8
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Electric Vehicle Charging Station(s), Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Bar, Exercise Room, Game Room, Laundry Facilities, Spa/Hot Tub

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 42434502010000144
  • Lot Size Sq Ft: 69958
  • Zoning: R-1C (ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 297825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 19, 2024
Sold by
Sherman Mark
Bought by
1140 S Ocean Llc
Seller's Agent
Pier Paolo Visconti
Douglas Elliman
List Price
$58,800,000
Sold Price
$32,500,000
Premium/Discount to List
-$26,300,000
-44.73%
Views
629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-72.47%

Purchase Details

Closed on
Jul 13, 2012
Sold by
Sherman Isabelle
Bought by
Sherman Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2000
Sold by
Chambers Susan
Bought by
Sherman Mark

Purchase Details

Closed on
Jan 2, 1998
Sold by
Chambers Constantine P
Bought by
Chambers Constantin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,100,000
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 1994
Sold by
Cantor Edward A
Bought by
Chambers Constantine Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
6.96%
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 Type Sale Price Title Company
Warranty Deed $32,500,000 None Listed On Document
Warranty Deed $5,000,100 Attorney
Warranty Deed $8,000,000 --
Quit Claim Deed -- --
Deed $5,708,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000,000 New Conventional
Previous Owner $3,000,000 Credit Line Revolving
Previous Owner $800,000 Credit Line Revolving
Previous Owner $4,100,000 New Conventional
Previous Owner $3,500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $55,500,000 -41.6% $2,372 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
08/13/2024 08/13/24 For Sale $95,000,000 +192.3% $4,060 / Sq Ft
01/19/2024 01/19/24 Sold $32,500,000 -44.7% $2,054 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $58,800,000 0.0% $3,717 / Sq Ft
05/03/2023 05/03/23 For Sale $58,800,000 +80.9% $3,717 / Sq Ft
05/01/2023 05/01/23 Off Market $32,500,000 -- --
04/29/2023 04/29/23 For Sale $59,000,000 +81.5% $3,729 / Sq Ft
04/28/2023 04/28/23 Off Market $32,500,000 -- --
11/28/2022 11/28/22 For Sale $59,000,000 -- $3,729 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $400,636 $22,791,260 -- --
2023 $365,343 $20,719,327 $0 $0
2022 $297,825 $18,835,752 $0 $0
2021 $119,647 $7,281,013 $0 $0
2020 $163,001 $9,769,354 $8,550,000 $1,219,354
2019 $117,794 $7,019,048 $0 $0
2018 $111,049 $6,888,173 $0 $0
2017 $109,147 $6,746,497 $0 $0
2016 $110,022 $6,607,735 $0 $0
2015 $114,755 $6,561,802 $0 $0
2014 $115,158 $6,509,724 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11307515

MIAMI REALTORS® MLS

APN: 42-43-45-02-01-000-0144