NOT LISTED FOR SALE

Estimated Value: $5,873,000 - $8,931,000

5 Beds
5.5 Baths
5,152 Sq Ft
$1,357/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $5,050,000 $980 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $49,091/month

499 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • 49,383 Sq Ft lot
  • William T. Dwyer High School Rated A-
  • Gunite Pool
  • Vaulted Ceiling

About This Home

As of July 2019

This custom built and impeccably designed estate home is on 1.13 acres located directly on the Intracoastal Waterway. The manicured front lawn features large Oak and Banyan trees and a 4 car garage with a Key West inspired metal roof. A large entrance Foyer has a vaulted ceiling and gas fireplace and is a perfect spot for your holiday decorations. The water views from almost every room in the home are truly spectacular especially from the kitchen and family room which feature tall hurricane impact windows, high end appliances including a Wolf gas range (a high performance cooking range with precise control) a wine cooler with an ice maker and maximum cabinet space with additional large pantry space. From the formal dining area are large water views looking out over the massive back yard.

Last Agent to Sell the Property

Aaron McPherson

KW Reserve License #3035255 Listed on: 02/15/2018

KW Reserve

Last Buyer's Agent

Meike Macgregor

Compass Florida LLC License #3026406

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,558

Year Built

  • Built in 2002

Lot Details

  • 1.13 Acre Lot
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System
  • Property is zoned RS

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 5,152 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Outdoor Features

  • Gunite Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434129000005600

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,558

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA Blvd to North on Prosperity Farms Road - right on Flamingo to end - left on flamingo - 5th house on right
  • Year Built: 2002
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Wood
  • Living Area: 5152.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Casement Window(s), Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Intercoastal, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00434129000005600
  • Lot Size Sq Ft: 49383.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 37558.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Jul 23, 2019
Sold by
Faro Richard S and Faro Eileen S
Bought by
St John Julianne
Seller's Agent
Aaron McPherson
KW Reserve
Buyer's Agent
Meike Macgregor
Compass Florida LLC
List Price
$5,495,000
Sold Price
$5,050,000
Premium/Discount to List
-$445,000
-8.1%
Total Days on Market
499
Current Estimated Value
$6,990,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,940,775
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Jul 12, 2001
Sold by
Eileen S Faro I
Bought by
Faro Richard S
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 Buyer Sale Price Title Company
St John Julianne $5,050,000 Benchmark Title & Escrow Llc
Faro Richard S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faro Richard S $117,000
Previous Owner Faro Richard S $200,000
Previous Owner Faro Richard S $120,000
Previous Owner Faro Eileen S $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $5,050,000 -8.1% $980 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
02/15/2018 02/15/18 For Sale $5,495,000 -- $1,067 / 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 $118,177 $7,238,994 -- --
2023 $150,754 $9,152,549 $7,245,000 $1,907,549
2022 $85,659 $4,642,287 $0 $0
2021 $74,156 $4,225,370 $3,036,000 $1,189,370
2020 $67,973 $3,830,710 $2,645,000 $1,185,710
2019 $39,714 $2,240,836 $0 $0
2018 $37,759 $2,199,054 $0 $0
2017 $37,558 $2,153,824 $0 $0
2016 $37,785 $2,109,524 $0 $0
2015 $38,796 $2,094,860 $0 $0
2014 $38,923 $2,078,234 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10406122

BeachesMLS

APN: 00-43-41-29-00-000-5600