NOT LISTED FOR SALE

Estimated Value: $6,214,000 - $27,082,913

6 Beds
9 Baths
8,643 Sq Ft
$1,926/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $20,000,000 $2,314 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $115,482/month

24 Days on Market

Highlights

  • Ocean Front
  • 1 Bedroom Guest House
  • Heated In Ground Pool
  • Guest House
  • Newly Remodeled
  • Sitting Area In Primary Bedroom

About This Home

As of August 2020

Newer Oceanfront Compound in the estate section of the seaside Town of Gulf Stream just minutes from downtown Delray Beach & Atlantic Avenue. Designer finished & built in 2015 this home shows like new construction. The gated & private compound is situated on 135' of direct oceanfrontage providing incredible ocean views. Sitting on over an acre with 135' of width & almost 500' from your driveway to the ocean this property offers spacious entry parking & plenty of manicured lawn space for entertaining & enjoying the South Florida Lifestyle. This property has all of the luxuries the most discerning buyer would expect in one of the best oceanfront estates in South Florida. Features include custom millwork, smart system, 3 car garage, generator, elevator, club room, guest house, & much more.

Last Listed By

Devin Kay

Douglas Elliman License #3282307 Listed on: 07/03/2020

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $274,257

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 151x315
  • Ocean Front
  • West Facing Home
  • Property is zoned RS (city

Parking

  • 3 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,643 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Palm Beach Shore Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20434609040040060

Home Details

Home Type

Single Family

Est. Annual Taxes

$274,257

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: FLL276540760
  • Co List Office Phone: (561) 278-5570
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • Lot Size: 151x315
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PALM BEACH SHORE ACRES
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Great Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 8643
  • Other Equipment: Elevator, Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Great Room, Guest House, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile, Other
  • View: Ocean
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Guest House
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PALM BEACH SHORE ACRES
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Driveway

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Other Subdivision - See Remarks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 20434609040040060
  • Lot Size Sq Ft: 47148
  • Zoning: RS (city
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 274257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 27, 2020
Sold by
1275 North Ocean Llc
Bought by
Swift Philip and Swift Ana
Seller's Agent
Devin Kay
Douglas Elliman
Buyer's Agent
Helen Barraza-Fried PA
United Realty Group Inc.
List Price
$21,950,000
Sold Price
$20,000,000
Premium/Discount to List
-$1,950,000
-8.88%
Total Days on Market
24
Current Estimated Value
$16,648,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,351,543
Avg. Annual Appreciation
-4.38%
Original Mortgage
$11,000,000
Outstanding Balance
$9,910,120
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$6,303,422

Purchase Details

Listed on
Nov 2, 2015
Closed on
Apr 25, 2016
Sold by
1275 N Ocean Llc
Bought by
1275 North Ocean Llc
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Lynlee Fraser Glynn
Park View Realty
List Price
$18,750,000
Sold Price
$15,875,000
Premium/Discount to List
-$2,875,000
-15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Nov 27, 2012
Sold by
Bacheller Kay and Bacheller Suzanne
Bought by
1275 N Ocean Llc

Purchase Details

Closed on
Dec 27, 2001
Sold by
Bacheller Kay and Bacheller Suzanne
Bought by
Bacheller Kay

Purchase Details

Closed on
Dec 30, 1999
Sold by
Ann J Bacheller Tr
Bought by
Bacheller Kay

Purchase Details

Closed on
Jan 3, 1997
Sold by
Bacheller Kenneth G and Bacheller Ann
Bought by
Bacheller Kenneth G

Purchase Details

Closed on
Dec 31, 1996
Sold by
First Union National Bank Of Florid
Bought by
Bacheller Kenneth G

Purchase Details

Closed on
Oct 10, 1996
Sold by
Nationsbank Na Tr
Bought by
First Union Tr

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 Buyer Sale Price Title Company
Swift Philip $20,000,000 Clear Title Group
1275 North Ocean Llc $15,875,000 Attorney
1275 N Ocean Llc $5,250,000 Attorney
Bacheller Kay -- --
Bacheller Kay -- --
Bacheller Kenneth G $100 --
Bacheller Ann J $100 --
Bacheller Kenneth G $100 --
First Union Tr $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swift Philip $11,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $20,000,000 -8.9% $2,314 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $21,950,000 +38.3% $2,540 / Sq Ft
05/02/2016 05/02/16 Sold $15,875,000 -15.3% $1,781 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $18,750,000 -- $2,103 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $278,168 $17,487,860 -- --
2023 $272,458 $16,978,505 $0 $0
2022 $271,085 $16,483,985 $0 $0
2021 $271,580 $16,003,869 $0 $0
2020 $241,483 $13,983,472 $8,122,500 $5,860,972
2019 $274,257 $15,624,315 $8,977,500 $6,646,815
2018 $248,546 $14,857,875 $8,764,913 $6,092,962
2017 $229,570 $12,878,078 $8,764,913 $4,113,165
2016 $214,111 $11,061,036 $0 $0
2015 $127,735 $6,276,828 $0 $0
2014 $107,053 $5,706,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10886845

MIAMI REALTORS® MLS

APN: 20-43-46-09-04-004-0060