$1,837,500
SOLD JUN 26, 2019

1177 Lands End Rd Lantana, FL 33462

0.27 Acre
$6,869,924 Price per Acre
11,651 Sq Ft Lot

Recently Sold

$319 Per Sq Ft

12% Below List Price

166 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • Paved or Partially Paved Lot
  • Home fronts navigable water

About This Lot

As of January 2021

As one of the last available lots on the prestigious Hypoluxo Island, this is the perfect opportunity to build your dream home on a direct intracoastal lot with 100.45 feet of waterfrontage. This is the best priced waterfront lot on the island and is home to some of the finest multi-million dollar estates in South Florida. This property is just minutes from the beach, a short drive to the Palm Beach International Airport, and the Boynton inlet is also just a short boat ride away. Perfect opportunity for an end user to build their dream waterfront home or for a new spec build with lot square footage totaling 11,651. Seawall and dock are both in great condition. Do not miss out on this opportunity!

Last Agent to Sell the Property

Sean Mooney

Compass Florida LLC License #3366223 Listed on: 12/11/2018

Compass Florida LLC

Co-Listed By

James Lopez

Compass Florida LLC License #3386064

Last Buyer's Agent

Sean Mooney

Compass Florida LLC License #3366223 Listed on: 12/11/2018

Compass Florida LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,135

Lot Details

  • 0.27 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R1A

Additional Features

  • Intracoastal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 40434503260001210

Community Details

Overview

  • Point Manalapan Pl 8 Subdivision

Recreation

  • Property has ocean access
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$9,135

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: EAST ON OCEAN AVENUE OVER THE BRIDGE. TAKE ATLANTIC DRIVE TO LANDS END ROAD. PROPERTY WILL BE ON THE RIGHT.
  • Special Features: None

Exterior Features

  • View: Intercoastal
  • Lot Features: City Lot
  • Road Surface Type: Paved
  • Waterfront Features: Intracoastal Access, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes

Lot Info

  • Parcel #: 40434503260001210
  • Development Status: Site Plan Filed
  • Lot Size: 1/4 to 1/2 Acre,East of
  • Lot Size Sq Ft: 11651.0
  • Zoning Description: R1A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9135.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Jan 29, 2021
Sold by
1177 Lands End Road Llc
Bought by
Durnan Christopher
Seller's Agent
Anthony Hernandez
Illustrated Properties LLC (Co
Buyer's Agent
Anthony Hernandez
Illustrated Properties LLC (Co
List Price
$5,500,000
Sold Price
$5,658,000
Premium/Discount to List
$158,000
2.87%
Current Estimated Value
$7,555,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,897,794
Avg. Annual Appreciation
8.70%
Original Mortgage
$3,710,000
Outstanding Balance
$3,377,452
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$4,830,100

Purchase Details

Closed on
Nov 1, 2019
Sold by
Peters Kevin and Peters Elisa
Bought by
1177 Lands End Road Llc

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jun 25, 2019
Sold by
Universal Property & Casualty Ins Co
Bought by
Peters Kevin and Peters Elisa
Seller's Agent
Sean Mooney
Compass Florida LLC
Buyer's Agent
Sean Mooney
Compass Florida LLC
List Price
$2,100,000
Sold Price
$1,837,500
Premium/Discount to List
-$262,500
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.01%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $5,608,541 Fishermans Title
Warranty Deed -- None Available
Warranty Deed $1,837,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,710,000 New Conventional
Closed $776,833 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $5,658,000 +2.9% $981 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $5,500,000 +199.3% $954 / Sq Ft
06/26/2019 06/26/19 Sold $1,837,500 -12.5% $319 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $2,100,000 -- $364 / 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 $109,934 $5,564,804 -- --
2023 $100,824 $5,058,913 $0 $0
2022 $92,456 $4,592,648 $0 $0
2021 $31,475 $1,625,000 $1,625,000 $0
2020 $28,186 $1,365,000 $1,365,000 $0
2019 $27,131 $1,300,000 $1,300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10487429

BeachesMLS

APN: 40-43-45-03-26-000-1211