NOT LISTED FOR SALE

1160 Bimini Ln Riviera Beach, FL 33404

Estimated Value: $3,941,376 - $4,822,000

4 Beds
5 Baths
3,427 Sq Ft
$1,266/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $2,200,000 $642 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $28,733/month

282 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Concrete Pool
  • William T. Dwyer High School Rated A-
  • Newly Remodeled
  • Waterfront

About This Home

As of June 2017

Glad to present you this jewel of Singer Island. Custom build villa on the water. Venice of Palm Beaches. Construction completed just recently in 2016. Developer owned and inspired with high-end finishes and materials, all hand-picked and ordered. Ceilings height in the main area 15 ft, Master Bedroom 18 ft and at the entrance - fascinating 21 ft ceilings. 4 large bedrooms with 5 full bathrooms. Mediterranean exterior and classic interior bring you the exclusive feel and amazing impression. Custom made kitchen with top of the line Miele appliances. Double oven from Miele, Miele coffee machine, Miele French doors refrigerator and 2 Bosch dishwashers, pot filler. Smart home system with LED lights and mobile application. Video: https://www.youtube.com/watch?v=mkua9Qw_idM

Last Agent to Sell the Property

Nikolay Polyushkin

Vera Realty LLC License #3453486 Listed on: 07/24/2016

Vera Realty LLC

Last Buyer's Agent

Nancy Maione

Illustrated Properties LLC (Co License #140119

Illustrated Properties LLC (Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,684

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Waterfront
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned RS-5(c

HOA Fees

  • $17 Monthly HOA Fees

Parking

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

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,427 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Bar
  • High Ceiling
  • Decorative Fireplace
  • Formal Dining Room
  • Den
  • Marble Flooring

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Tank Leased
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 56434222020000430

Community Details

Overview

  • Association fees include security
  • Palm Beach Isles 1 Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,684

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: OCEAN DR TO BIMINI, HEAD WEST FROM MARRIOTT HOTEL
  • Year Built: 2016
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Fireplace, High Ceilings, Custom Mirrors, Bar, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 3427.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Deck, Fence, Fruit Trees, Patio, Propane Tank - Leased
  • View: Canal, Garden, Pool
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Concrete, Pool Equipment, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: New Construction
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Security: Security System, Closed Circuit Camera(s), Motion Detectors, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 17.0
  • Community Features: Boat Facilities, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Parcel #: 56434222020000430
  • Lot Size Sq Ft: 11000.0
  • Zoning Description: RS-5(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 10684.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2016
Closed on
Jun 2, 2017
Sold by
Shmaraev Konstantin and Shmaraeva Vera
Bought by
Chaos Realty Llc
Seller's Agent
Nikolay Polyushkin
Vera Realty LLC
Buyer's Agent
Nancy Maione
Illustrated Properties LLC (Co
List Price
$2,685,000
Sold Price
$2,200,000
Premium/Discount to List
-$485,000
-18.06%
Current Estimated Value
$4,338,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,138,844
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Feb 28, 2013
Sold by
Shmaraev Konstantin
Bought by
Shmaraev Konstantin and Shmaraeva Vera

Purchase Details

Listed on
May 26, 2012
Closed on
Sep 21, 2012
Sold by
Shaw Douglas and Shaw Robert
Bought by
Shmaraev Konstantin
Seller's Agent
James Torrance
KW Reserve Luxury, LLC
Buyer's Agent
Oleg Sulyma
Coastal Properties
List Price
$725,000
Sold Price
$535,000
Premium/Discount to List
-$190,000
-26.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%

Purchase Details

Closed on
Jan 26, 2012
Sold by
Varga Coleman Raymond
Bought by
Shaw Robert and Shaw David

Purchase Details

Closed on
Aug 17, 2001
Sold by
Dorothy R Varga I
Bought by
Varga Coleman
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
Chaos Realty Llc $2,200,000 Tropical Land Title Inc
Shmaraev Konstantin -- None Available
Shmaraev Konstantin $535,000 Attorney
Shaw Robert -- Attorney
Varga Coleman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaso Realty Llc A Florida Limited Liabi $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $2,200,000 -18.1% $642 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
07/24/2016 07/24/16 For Sale $2,685,000 +401.9% $783 / Sq Ft
09/25/2012 09/25/12 Sold $535,000 -26.2% $220 / Sq Ft
08/26/2012 08/26/12 Pending -- -- --
05/26/2012 05/26/12 For Sale $725,000 -- $298 / 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 $60,901 $2,833,904 -- --
2023 $57,997 $2,576,276 $0 $0
2022 $51,010 $2,342,069 $0 $0
2021 $46,742 $2,137,898 $952,000 $1,185,898
2020 $43,068 $1,954,241 $800,000 $1,154,241
2019 $43,868 $1,971,579 $792,000 $1,179,579
2018 $39,042 $1,798,231 $810,244 $987,987
2017 $31,745 $1,483,607 $0 $0
2016 $10,474 $510,095 $0 $0
2015 $10,683 $506,549 $0 $0
2014 $10,789 $489,989 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10253452

BeachesMLS

APN: 56-43-42-22-02-000-0430