$6,650,000
SOLD DEC 15, 2020
6 Beds
7.5 Baths
8,188 Sq Ft
0.41 Acres

Recently Sold

$812 Per Sq Ft

5% Below List Price

15 Days on Market

Highlights

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

About This Home

As of April 2022

Stately waterfront estate home boasting 8,188 sq ft of luxury living space. Located in a quiet cul-de-sac in highly desirable Admirals Cove. Expansive water views & room for an 80 ft boat w/ direct access to the intracoastal and ocean within moments. A grand formal entrance & a custom ten-seat plush velvet theater are among the many comforts in this 5BR, 6BA custom home. State-of-the-art surveillance & exterior lighting. Pool & spa finished w/ Davinci stone pavers. This beautifully appointed estate built in 2005, has only the finest craftsmanship & materials, including impact glass & marble floors throughout. Master suite boasts washer/dryer, breakfast bar with refrigerator, & balcony. 1st floor maids quarter w/ kitchen. Required golf membership conveys all the amenities of Admirals Cove

Last Agent to Sell the Property

Thomas Frankel

Admirals Cove Realty Co Inc License #455952 Listed on: 10/30/2020

Co-Listed By

Diane Parenti

Premier Brokers International License #3378407

Last Buyer's Agent

Jan Burke

Coldwell Banker Realty License #673388

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,653

Year Built

  • Built in 2005

Lot Details

  • 0.41 Acre Lot
  • Home fronts a lagoon or estuary
  • Home fronts navigable water
  • Cul-De-Sac
  • Property is zoned R1(cit

HOA Fees

  • $736 Monthly HOA Fees

Parking

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

Property Views

  • Lagoon
  • Canal
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 8,188 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Decorative Fireplace
  • Blinds
  • Arched Windows
  • French Doors
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Pool is Self Cleaning
  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30434107090000280

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, security, trash
  • Admirals Cove Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,653

Year Built

Built in 2005

Lot Details

0

HOA Fees

$736 per month

Parking

4

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
  • Year Built: 2005
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Elevator, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Walk-In Closet(s), Central Vacuum
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 8188.0
  • Dining Room Type: Den, Family Room, In-Law Suite, Media Room
  • Stories: 2
  • Window Features: Arched, Blinds, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Outdoor Grill, Porch
  • View: Canal, Lagoon, Pool
  • Lot Features: Cul-De-Sac
  • Pool Features: Cleaning System, Heated, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lagoon, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Golf Cart Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 736.0
  • Community Features: Boat Facilities, Clubhouse, Golf, Golf Course Community, Game Room, Gated, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Golf Course, Management, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 30434107090000280
  • Lot Size Sq Ft: 17966.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 76653.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Apr 1, 2022
Sold by
Marinucci Joseph L and Larcombe Eleni
Bought by
Frances E Nielsen 2006 Revocable Trust and John A Nielsen 2019 Revocable Trust
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Thomas Frankel
Admirals Cove Realty Co Inc
List Price
$8,500,000
Sold Price
$8,500,000
Current Estimated Value
$9,528,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,778
Avg. Annual Appreciation
2.45%

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 15, 2020
Sold by
Capozzoli Ronald
Bought by
Marinucci Joseph L and Marinucci Eleni Larcombe
Seller's Agent
Thomas Frankel
Admirals Cove Realty Co Inc
Buyer's Agent
Jan Burke
Coldwell Banker Realty
List Price
$6,995,000
Sold Price
$6,650,000
Premium/Discount to List
-$345,000
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%
Original Mortgage
$3,990,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2017
Closed on
Mar 22, 2018
Sold by
Carballo Bernard and Carballo Silvia
Bought by
Cappozzoli L Ronald
Seller's Agent
Janis Lax
Waterfront Properties & Club C
Buyer's Agent
Ronald Valentino
Inactive member
List Price
$5,750,000
Sold Price
$4,315,000
Premium/Discount to List
-$1,435,000
-24.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.10%
Original Mortgage
$25,889,000
Interest Rate
3.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 3, 2005
Sold by
Paone Ventures Llc
Bought by
Carballo Bernard and Carballo Silvia

Purchase Details

Closed on
Apr 17, 2001
Sold by
Elmer Wiser M and Margaret A Wiser M
Bought by
Paone Ventures
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 Type Sale Price Title Company
Warranty Deed $8,500,000 Assured Title Agency
Warranty Deed $6,650,000 Attorney
Warranty Deed $4,315,000 Florida Natl Title Svcs Llc
Warranty Deed $3,399,000 --
Warranty Deed $1,300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,816,700 Unknown
Previous Owner $3,990,000 New Conventional
Previous Owner $25,889,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 Balloon
Previous Owner $1,200,000 Balloon
Previous Owner $300,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $8,500,000 0.0% $1,038 / Sq Ft
04/04/2022 04/04/22 Sold $8,500,000 0.0% $1,038 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/05/2022 03/05/22 Pending -- -- --
08/04/2021 08/04/21 For Sale $8,500,000 0.0% $1,038 / Sq Ft
07/07/2021 07/07/21 For Sale $8,500,000 +27.8% $1,038 / Sq Ft
12/15/2020 12/15/20 Sold $6,650,000 -4.9% $812 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $6,995,000 +62.1% $854 / Sq Ft
03/22/2018 03/22/18 Sold $4,315,000 -25.0% $527 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
09/20/2017 09/20/17 For Sale $5,750,000 -- $702 / 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 $124,664 $7,356,397 -- --
2023 $127,500 $7,380,790 $4,500,000 $2,880,790
2022 $97,534 $5,424,466 $0 $0
2021 $89,123 $4,868,471 $0 $0
2020 $62,334 $3,361,048 $0 $0
2019 $76,653 $4,032,157 $1,760,000 $2,272,157
2018 $63,207 $3,461,141 $0 $0
2017 $63,254 $3,389,952 $0 $0
2016 $63,583 $3,320,227 $0 $0
2015 $65,222 $3,297,147 $0 $0
2014 $66,197 $3,270,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10667321

BeachesMLS

APN: 30-43-41-07-09-000-0280