NOT LISTED FOR SALE

Estimated Value: $3,534,297 - $4,945,000

5 Beds
5 Baths
3,707 Sq Ft
$1,173/Sq Ft Est. Value

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Contemporary Architecture
  • Felix A. Williams Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • Wood Flooring

About This Home

As of April 2014

The 'Sea Castle'' a direct ocean front dream beach home! This renovated exclusive property has soaring 30' ceilings, 5 bedrooms(all with direct ocean or river views), 5 full baths. Spacious patios, balconies, further enhance this desirable island lifestyle. Walk for miles and unwind on sun soaked unspoiled beaches! Paradise found a€“ From your spacious master suite wake to sun breaking over the turquoise waters on your quiet barrier island. With a steaming cup of coffee in hand soak in the panoramic views of the Atlantic framed by a soaring three story atrium over the great room. The views inside transition seamlessly as you step out and are welcomed by the fresh ocean air and the sounds of soothing surf, relax from your chaise lounge on over 1,700 feet of balconies encompassing the a€œSea Castlea€.
Looking over the large meticulously cared for estate lot filled with lush colorful tropical vegetation you appreciate the security and serenity of your island retreat. The home features a private gate entrance, easy to navigate circular paved drive and a large oversized two car garage.
In addition to the master suite are 4 additional ample bedrooms, complete with full baths and views of the Atlantic or the Indian River Lagoon.
Your ocean home is connected to miles of sun soaked, soft sandy beaches by your own private walkover, sit and watch the waves from your Adirondack Chairs, under your beach umbrella. Body surf in the warm island waters, snorkel in a€œBath Tub Reefa€ and later wash the sand from your toes from your private beach shower. Just two minutes away is the Ocean Club with 18 holes of great golf, tennis, ocean front tiki bar, fitness center and even a marina accommodating vessels to 170 feet. Enjoy fabulous local waterfront dining, great shopping or the night life in the Palm Beaches.
Away from it all but close to everything, just 15 minutes from your island paradise are two local FBOa€TMS and convenient access to Palm Beach, Miami, and Orlando International airports. Inquire today and live the island lifestyle tomorrow!

Last Agent to Rent the Property

BLAINE (DOC) ELLINGSON

Sotheby's International Realty, Inc. Listed on: 05/30/2013

Last Renter's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,707 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Dining Area
  • Direct Ocean Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • No Utilities

Listing and Financial Details

  • Security Deposit $10,200
  • 12 Month Lease Term
  • Ask Agent About Lease Term
  • Seasonal Lease Term
  • Assessor Parcel Number 0538420010000047010000

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: N/A
  • Architectural Style: Contemporary, Three + Story
  • Building Name: N/A
  • Year Built: 1985
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 3707.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • Exposure of Unit:East2: 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
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Contract Information:Deposit Amount: 10200.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Utilities Included:None Included: Yes
  • Lease Type:Annual: Yes
  • Style:Three Story: Yes
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Lease Type:Seasonal: Yes
  • Lease Type:Off Season: Yes
  • Waterfront - Unit:ICW - Across Street3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range-Electric, Microwave, Washer, Dryer
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Interior Amenities: Ceiling Fan
  • Living Area: 3707.0
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony, Patio/Lanai, Ocean Access-Deeded
  • Exterior Features:Balcony: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:Open Parking: Yes
  • Parking:Covered Parking2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel #: 0538420010000047010000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2004
Sold by
Mccone Micheline
Bought by
The King & I Corp
Current Estimated Value
$4,350,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$355,777
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,994,297

Purchase Details

Closed on
Dec 9, 2002
Sold by
Orlove Merle
Bought by
Mccone Micheline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%

Purchase Details

Closed on
Dec 6, 2002
Sold by
Orlove Merle
Bought by
The King And I Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Source: Public Records
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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
The King & I Corp $2,400,000 --
Mccone Micheline $1,549,000 --
The King And I Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The King & I Corp $800,000
Previous Owner Mccone Micheline $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Rented $8,500 0.0% --
04/18/2014 04/18/14 Rented -- -- --
03/31/2014 03/31/14 Under Contract -- -- --
03/19/2014 03/19/14 Under Contract -- -- --
01/14/2014 01/14/14 For Rent -- -- --
05/30/2013 05/30/13 For Rent $8,500 -- --
Source: Palm Beach Board of REALTORS®

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
2025 $42,217 $2,702,273 -- --
2024 $39,001 $2,456,612 -- --
2023 $39,001 $2,233,284 $0 $0
2022 $35,190 $2,030,259 $0 $0
2021 $32,813 $1,845,690 $1,350,000 $495,690
2020 $31,581 $1,768,290 $1,350,000 $418,290
2019 $30,776 $1,737,920 $1,485,000 $252,920
2018 $28,982 $1,741,840 $1,485,000 $256,840
2017 $25,016 $1,570,620 $1,320,000 $250,620
2016 $22,794 $1,365,000 $1,100,000 $265,000
2015 -- $1,367,520 $1,100,000 $267,520
2014 -- $1,042,780 $768,080 $274,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-1257

APN: 05-38-42-001-000-00470-1