NOT LISTED FOR SALE

Estimated Value: $7,957,000 - $58,181,664

4 Beds
5 Baths
5,280 Sq Ft
$6,263/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $10,885,000 $2,062 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $215,637/month

176 Days on Market

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Waterfront
  • Palm Beach Public School Rated A-
  • Gas Heated Pool
  • 1.14 Acre Lot

About This Home

As of February 2015

This is a stunning direct oceanfront three bedroom plus staff residence built on a large private sandy dune.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 06/02/2014

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 06/02/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,190

Year Built

  • Built in 1989

Lot Details

  • 1.14 Acre Lot
  • Waterfront
  • Home has East and West Exposure
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RB

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,280 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Stone Flooring
  • Direct Ocean Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Partial Impact Glass
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sea Isle Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434234010000290

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,190

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.14
  • Lot Size: 101
  • Subdivision Name: Sea Isle Estates
  • Architectural Style: Contemporary, Two Story
  • Year Built: 1989
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 79190.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 5280.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 101
  • Pool:Heated - Gas: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Sliding: Yes
  • General Property Description:Lot SqFt: 49658
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass-Partial: Yes
  • Exposure:East: Yes
  • Restrictions:No Pets Allowed: Yes
  • Floors:StoneBrick: Yes
  • Exposure:West: Yes
  • Waterfront:Ocean-Direct: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Stone/Brick
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Smoke Detectors, Storage, Wet Bar, Wndw Trmnts Included
  • Living Area: 5280.0
  • Window Features: Impact Glass-Partial, Sliding, Other
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1 to 3 Acres
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Storm Shutters, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: No

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 49658.0
  • Parcel #: 50434234010000290
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 79190.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
137 Eid Llc
Bought by
Krasker Paul A and Ocean Inlet Revocable Trust
Total Days on Market
176
Current Estimated Value
$33,069,332

Purchase Details

Closed on
Jul 20, 2021
Sold by
Furman Roy and Fisher Marjorie
Bought by
137 Effi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,400,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2021
Sold by
Furman Roy and Fisher Marjorie
Bought by
137 Eid Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,400,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 2, 2014
Closed on
Feb 27, 2015
Sold by
Ayares Real Estate Llc
Bought by
Furman Roy
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$10,885,000
Sold Price
$10,885,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$5,000,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2013
Sold by
Hurwitz Elaine Ayares
Bought by
Hurwitz Elaine Ayares and Elaine Ayares Hurwitz Revocable Trust

Purchase Details

Closed on
Dec 9, 2011
Sold by
Hurwitz Jan C and Hurwitz William A
Bought by
Ayares Real Estate Llc

Purchase Details

Closed on
Nov 21, 2011
Sold by
Revocabl Hurwitz Elaine Ayares and Revocabl Elaine Ayares Hurwitz
Bought by
Hurwitz Jan C

Purchase Details

Closed on
Aug 17, 2007
Sold by
Hurwitz Elayne
Bought by
Hurwitz Elaine Ayares and Elaine Ayares Hurwitz Revocable Trust

Purchase Details

Closed on
Feb 21, 2007
Sold by
Hurwitz Elayne
Bought by
Hurwitz Elayne

Purchase Details

Closed on
Oct 24, 2006
Sold by
Oettingen Spielberg Albrecht Zu
Bought by
Hurwitz Benno

Purchase Details

Closed on
Apr 28, 2000
Sold by
Waxman Albert S and Waxman Anita B
Bought by
Hurwitz Benno

Purchase Details

Closed on
May 4, 1998
Sold by
Perry Marina R
Bought by
Waxman Albert 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
Krasker Paul A $39,048,000 Attorney
137 Eid Llc $25,260,000 Attorney
Furman Roy $10,885,000 Resource Real Estate Service
Hurwitz Elaine Ayares -- Attorney
Hurwitz Elaine Ayares -- Attorney
Ayares Real Estate Llc -- Attorney
Hurwitz Jan C -- Attorney
Hurwitz Elaine Ayares -- Attorney
Hurwitz Elayne -- Attorney
Hurwitz Benno $5,000 Attorney
Hurwitz Benno $4,275,000 --
Waxman Albert S $3,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 137 Effi Llc $13,400,000
Previous Owner Furman Roy $5,000,000
Previous Owner Furman Roy $9,250,000
Previous Owner Furman Roy $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $10,885,000 0.0% $2,062 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $10,885,000 -- $2,062 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $360,048 $24,037,320 -- --
2023 $352,672 $23,337,204 $15,095,987 $8,241,217
2022 $310,169 $19,829,765 $0 $0
2021 $154,152 $9,343,542 $0 $0
2020 $154,481 $9,214,538 $0 $0
2019 $154,204 $9,007,369 $0 $0
2018 $146,577 $8,839,420 $0 $0
2017 $146,650 $8,657,610 $7,775,298 $882,312
2016 $158,131 $9,183,714 $0 $0
2015 $82,346 $4,607,600 $0 $0
2014 -- $4,486,604 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-1175

APN: 50-43-42-34-01-000-0290