NOT LISTED FOR SALE

Estimated Value: $5,174,000 - $9,078,602

5 Beds
7 Baths
5,290 Sq Ft
$1,336/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $10,300,000 $1,947 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $43,912/month

23 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Home fronts navigable water
  • Beacon Cove Intermediate School Rated A-
  • Golf Course Community
  • Gated with Attendant

About This Home

As of April 2024

Contemporary 5 bedroom plus study. A waterfront gem by Cherry Luxury Homes. Wide water views of mangrove island and tranquil lagoon. Stunning exterior elevations featuring 2 tone grey cladding. Entry door by Oikos, imported Italian glass pivot door opens to great room with view of resort pool and wide water. First rate open concept kitchen, Sub Zero and Wolf equipped, oversized white quartzite island seats 6-8, Cristallo countertops, white and charcoal imported custom maple cabinets, Dornbracht faucet and so much more. Enjoy magnificent water view from great room with linear fireplace and cove ceiling. White porcelain flooring, impact windows. Owners retreat has large His and Her closets with custom storage, spa bath with all glass shower, Toto toilet and privacy garden view. Floating sta

Last Agent to Sell the Property

Thomas Frankel

Admirals Cove Realty Co Inc License #455952 Listed on: 09/12/2023

Co-Listed By

Ellen Meyerson

Admirals Cove Realty Co Inc License #669086

Last Buyer's Agent

Bruce Frank

Evolves Realty Group License #3403913

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,216

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.37 Acre Lot
  • Home fronts a lagoon or estuary
  • Home fronts navigable water
  • Fenced
  • Sprinkler System
  • Property is zoned R1(cit

HOA Fees

  • $1,220 Monthly HOA Fees

Parking

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

Property Views

  • Lagoon
  • Canal

Interior Spaces

  • 5,290 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Bar
  • High Ceiling
  • Great Room
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Saltwater Pool
  • Property has ocean access
  • Mangrove Front
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 218
  • Assessor Parcel Number 30434118020002180

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, security, trash
  • Private Membership Available
  • Built by Cherry Luxury Homes
  • Admirals Cove Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Community Library

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Putting Green

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,216

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$1,220 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Alt A1A to Admirals Cove Blvd. Enter through guard gate. Left at first stop sign onto Regatta Drive, continue to #121 on right.
  • Year Built: 2023
  • Year Built Details: Under Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Dual Sinks, Elevator, High Ceilings, Kitchen/Dining Combo, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Other
  • Living Area: 5290.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Deck, Patio
  • View: Canal, Lagoon
  • Fencing: Wall
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lagoon, Mangrove, Navigable Water, Ocean Access
  • Waterfront: Yes
  • Builder Name: Cherry Luxury Homes
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Under Construction

Garage/Parking

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

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1220.0
  • Community Features: Boat Facilities, Clubhouse, Golf, Golf Course Community, Game Room, Gated, Pickleball, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Golf Course, Library, Management, Pickleball, Private Membership, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Security, Trash

Lot Info

  • Parcel #: 30434118020002180
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 15934.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 53216.0
  • Tax Lot: 218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Apr 23, 2024
Sold by
Grand Mark G and Grand Judith R
Bought by
Sutow James Robert and Sutow Jane
Seller's Agent
Thomas Frankel
Admirals Cove Realty Co Inc
Buyer's Agent
Bruce Frank
Evolves Realty Group
List Price
$10,750,000
Sold Price
$10,300,000
Premium/Discount to List
-$450,000
-4.19%
Views
34
Current Estimated Value
$7,067,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,232,099
Avg. Annual Appreciation
-20.19%

Purchase Details

Listed on
Dec 24, 2021
Closed on
Jul 29, 2022
Sold by
121 Regatta Llc
Bought by
Grand Mark G and Grand Judith R
Seller's Agent
Lisa Wilson
L2W Agency
Buyer's Agent
Thomas Frankel
Frankel Ball Realty LLC
List Price
$8,900,000
Sold Price
$5,000,000
Premium/Discount to List
-$3,900,000
-43.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.22%
Original Mortgage
$3,500,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2021
Sold by
Lucas Gerardus and Lucas Jenifer M
Bought by
121 Regatta Llc

Purchase Details

Closed on
Jun 4, 2010
Sold by
Haigler James S
Bought by
Lucas Gerardus and Lucas Jenifer M

Purchase Details

Closed on
Nov 15, 2004
Sold by
Glass Lois
Bought by
Haigler James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1998
Sold by
Casey Michael E
Bought by
Glass Frederick R and Glass Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1996
Sold by
Rudges Ronald L and Rudges Barbara
Bought by
Casey Michael E

Purchase Details

Closed on
May 2, 1996
Sold by
Sandberg Leonard and Sandberg Eileen
Bought by
Rudges Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sutow James Robert $10,300,000 None Listed On Document
Grand Mark G $5,000,000 Saul Ewing Arnstein & Lehr Llp
121 Regatta Llc $2,900,000 Homepartners Title Svcs Llc
Lucas Gerardus $1,350,000 Clarion Title Company Inc
Haigler James S $1,280,000 --
Glass Frederick R $670,000 --
Casey Michael E $565,000 --
Rudges Barbara $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grand Mark G $3,500,000
Previous Owner Haigler James S $896,000
Previous Owner Rudges Barbara $536,000
Previous Owner Rudges Barbara $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $10,300,000 -4.2% $1,947 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $10,750,000 +115.0% $2,032 / Sq Ft
08/03/2022 08/03/22 Sold $5,000,000 -43.8% $864 / Sq Ft View Prior Sale
07/04/2022 07/04/22 Pending -- -- --
12/24/2021 12/24/21 For Sale $8,900,000 -- $1,539 / 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
2025 $66,604 $8,967,112 -- --
2024 $66,604 $3,914,630 -- --
2023 $68,772 $3,964,998 $3,950,000 $14,998
2022 $53,216 $2,965,274 $0 $0
2021 $22,896 $1,273,782 $0 $0
2020 $22,929 $1,256,195 $0 $0
2019 $22,696 $1,227,952 $0 $0
2018 $21,627 $1,205,056 $0 $0
2017 $21,631 $1,180,270 $0 $0
2016 $21,733 $1,155,994 $0 $0
2015 $22,291 $1,147,958 $0 $0
2014 $22,619 $1,138,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10918900

BeachesMLS

APN: 30-43-41-18-02-000-2180