$12,500,000
SOLD FEB 15, 2018
6 Beds
9 Baths
10,752 Sq Ft
1.39 Acres

Recently Sold

$1,163 Per Sq Ft

26% Below List Price

89 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Gated with Attendant
  • William T. Dwyer High School Rated A-
  • Golf Course Community
  • Heated Pool

About This Home

As of May 2025

This spectacular, direct oceanfront estate is nestled on the quiet cul-de-sac of East End. Situated on 1.3 acres of lush grounds, the home features 6 bedrooms with ensuite baths, 3 half-baths and a poolside cabana. The residence is a coastal oasis offering serene ocean views from the main living areas and master bedroom. With more than 13,000 total square feet, private setting and pristine beach, this home is an exceptional example of Lost Tree Living.

Last Agent to Sell the Property

James Kenny

K2 Realty, Inc. (NPB) License #3067814 Listed on: 10/18/2017

Co-Listed By

Paul Kaneb

K2 Realty, Inc. (NPB) License #3070401

Last Buyer's Agent

Paul Kaneb

K2 Realty, Inc. (NPB) License #3070401

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $109,134

Year Built

  • Built in 1992

Lot Details

  • 1.39 Acre Lot
  • Ocean Front
  • West Facing Home
  • Sprinkler System
  • Fruit Trees
  • Property is zoned RS

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Roof

Interior Spaces

  • 10,752 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Decorative Fireplace
  • Awning
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Ocean Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Co-Op Membership Included
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434134000007050

Community Details

Overview

  • Association fees include management, common areas, cable TV
  • Lost Tree Village Subdivision

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$109,134

Year Built

Built in 1992

Lot Details

0

HOA Fees

$498 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA Blvd east, past US Hwy 1 to Jack Nicklaus Dr. Entrance to Lost Tree Village on the left side of Jack Nicklaus Dr.
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Wet Bar, Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Elevator, Fireplace, High Ceilings, Kitchen Island, Pantry, Pull Down Attic Stairs, Split Bedrooms, Skylights, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Other, Wood
  • Living Area: 10752.0
  • Dining Room Type: Den, Family Room, Great Room, In-Law Suite, Laundry, Storage Room
  • Stories: 3
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Awning(s), Deck, Fruit Trees, Outdoor Grill, Patio
  • View: Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Deck, Patio
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 498.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Golf, Golf Course Community, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV

Lot Info

  • Parcel #: 00434134000007050
  • Lot Size Sq Ft: 60411.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 109134.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Mfp Realty Company
Bought by
Maurice Pinsonnault Management Inc
Total Days on Market
89

Purchase Details

Listed on
Oct 18, 2017
Closed on
Feb 15, 2018
Sold by
Lowrey James J
Bought by
Mfp Realty Company
Seller's Agent
James Kenny
K2 Realty, Inc. (NPB)
Buyer's Agent
Paul Kaneb
K2 Realty, Inc. (NPB)
List Price
$17,000,000
Sold Price
$12,500,000
Premium/Discount to List
-$4,500,000
-26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$9,125,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 1996
Sold by
Marianne James J and Marianne Lowrey
Bought by
Lowrey James J
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
Warranty Deed $32,000,000 None Listed On Document
Warranty Deed $12,500,000 Attorney
Quit Claim Deed $497,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,125,000 Commercial
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $55,000,000 -8.3% $5,231 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $60,000,000 +380.0% $5,707 / Sq Ft
02/15/2018 02/15/18 Sold $12,500,000 -26.5% $1,163 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
10/18/2017 10/18/17 For Sale $17,000,000 -- $1,581 / 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 $344,789 $18,950,243 -- --
2023 $303,931 $17,227,494 $14,973,750 $5,248,494
2022 $196,352 $11,577,258 $0 $0
2021 $185,596 $10,604,495 $9,900,000 $704,495
2020 $181,433 $10,264,293 $9,450,000 $814,293
2019 $183,680 $10,264,293 $9,450,000 $814,293
2018 $108,926 $6,309,364 $0 $0
2017 $108,448 $6,179,593 $0 $0
2016 $109,134 $6,052,491 $0 $0
2015 $112,077 $6,010,418 $0 $0
2014 $112,453 $5,962,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10374376

BeachesMLS

APN: 00-43-41-34-00-000-7050