$7,700,000
SOLD JUL 28, 2021

1261 Spanish River Rd Boca Raton, FL 33432

Spanish River Land Neighborhood
6 Beds
8.5 Baths
11,700 Sq Ft
0.55 Acres

Recently Sold

$658 Per Sq Ft

5% Below List Price

170 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Free Form Pool
  • Boca Raton Community Middle School Rated A-
  • Home Theater
  • Vaulted Ceiling

About This Home

As of October 2024

Stately and gated Spanish Colonial-inspired Intracoastal estate sited on 140 +/- feet of waterfrontage in the prestigious beachside enclave of Old Boca Raton's Estate Section. A short distance to the world class amenities of The Boca Raton Resort and Beach Club. Shown by appointment only.

Last Agent to Sell the Property

Joseph Liguori

Premier Estate Properties Inc License #487849 Listed on: 01/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $97,328

Year Built

  • Built in 2003

Lot Details

  • 0.55 Acre Lot
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System

Parking

  • 5 Car Attached Garage
  • Converted Garage
  • Circular Driveway

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 11,700 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Free Form Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • Spanish River Land Co Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434729050050131

Home Details

Home Type

Single Family

Est. Annual Taxes

$97,328

Year Built

Built in 2003

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East on Camino Real, turn Right onto Spanish River Road.
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Living Area: 11700.0
  • Dining Room Type: Converted Garage, Family Room, Great Room, Media Room, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Free Form, Heated, Other, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Covered, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729050050131
  • Lot Size Sq Ft: 23800.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 97328.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Perle Adam and Perle Jeanne
Bought by
Adam S Perle 2024 Revocable Trust and Jeanne M Perle 2024 Revocable Trust
Current Estimated Value
$9,037,172

Purchase Details

Listed on
Jul 29, 2024
Closed on
Oct 25, 2024
Sold by
Silver Brett
Bought by
Perle Adam and Perle Jeanne
Seller's Agent
Niki Marie Auger
London Foster Realty
Buyer's Agent
Michael Larkin
Century 21 Stein Posner
List Price
$12,500,000
Sold Price
$11,750,000
Premium/Discount to List
-$750,000
-6%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.20%

Purchase Details

Closed on
Jun 3, 2022
Sold by
Silver Properties Florida Llc
Bought by
Silver Brett

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jul 28, 2021
Sold by
Chernaya Rina and Chernaya Diana
Bought by
Silver Properties Florida Llc
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
List Price
$8,100,000
Sold Price
$7,700,000
Premium/Discount to List
-$400,000
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Jul 14, 2008
Sold by
1261 Spanish River Road Llc
Bought by
Chernaya Rina

Purchase Details

Closed on
Apr 19, 2002
Sold by
Ramotar Ahillia
Bought by
1261 Spanish River Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
7.07%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Lawrence J Gabriel
Bought by
Ramotar Ahillia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.73%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 25, 1997
Sold by
Vittor Glen T
Bought by
Gabriel Lawrence J

Purchase Details

Closed on
Sep 30, 1993
Sold by
Spanish River Joint Venture
Bought by
Vittor Glen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $10,750,000 None Listed On Document
Quit Claim Deed -- Graner Platzek & Allison Pa
Warranty Deed $7,700,000 Attorney
Warranty Deed $7,000,000 Attorney
Warranty Deed $4,200,000 --
Warranty Deed $1,400,000 --
Warranty Deed $1,000,000 --
Warranty Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,000,000 No Value Available
Previous Owner $2,800,000 New Conventional
Previous Owner $980,000 Balloon
Previous Owner $750,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $11,750,000 -6.0% $939 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $12,500,000 +62.3% $999 / Sq Ft
07/28/2021 07/28/21 Sold $7,700,000 -4.9% $658 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $8,100,000 -- $692 / 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 $142,379 $8,389,153 -- --
2023 $139,411 $8,144,809 $0 $0
2022 $125,825 $7,146,005 $0 $0
2021 $98,692 $5,488,169 $0 $0
2020 $97,328 $5,412,395 $0 $0
2019 $97,890 $5,290,709 $0 $0
2018 $91,774 $5,192,060 $0 $0
2017 $91,336 $5,085,269 $0 $0
2016 $91,783 $4,980,675 $0 $0
2015 $94,372 $4,946,053 $0 $0
2014 $94,770 $4,906,799 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Niki Marie Auger

    London Foster Realty

    (866) 595-6025

    1 in this area

    6 Total Sales

    Niki Marie Auger
    Section Image

  • M

    Buyer's Agent in 2024

    Michael Larkin

    Century 21 Stein Posner

    (561) 699-6443

    1 in this area

    8 Total Sales

    Michael Larkin
    Section Image
  • Joseph Liguori

    Seller's Agent in 2021

    Joseph Liguori

    Premier Estate Properties Inc

    (561) 702-3477

    33 in this area

    133 Total Sales

    Joseph Liguori
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10683043

BeachesMLS

APN: 06-43-47-29-05-005-0131

Florida Palm Beach County Boca Raton 33432 Spanish River Land

1261 Spanish River Rd, Boca Raton, FL

This home is located at 1261 Spanish River Rd, Boca Raton, FL 33432 and is currently priced at $7,700,000, approximately $658 per square foot. This property was built in 2003. 1261 Spanish River Rd is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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