NOT LISTED FOR SALE

1420 S Ocean Blvd Lantana, FL 33462

Estimated Value: $24,244,145

5 Beds
6 Baths
6,434 Sq Ft
$3,768/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $10,087,000 $1,568 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $153,807/month

10 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Sun or Florida Room
  • Private Pool
  • Marble Flooring
  • Great Room

About This Home

As of December 2014

Amazing Direct Ocean to Intracoastal estate property. The property features almost 170 feet of direct oceanfront and Intracoastal and has incredible elevation providing amazing Ocean Views. The home can be renovated or torn down. Priced at land value and will not last.

Last Agent to Sell the Property

Randolph Ely

Douglas Elliman License #563399 Listed on: 11/12/2014

Douglas Elliman

Co-Listed By

NICHOLAS MALINOSKY

Douglas Elliman License #3103961

Douglas Elliman

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,389

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • West Facing Home

Parking

  • 4 Car Garage
  • Driveway

Property Views

  • Ocean
  • Intracoastal
  • Lake

Interior Spaces

  • 6,434 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Great Room
  • Family Room
  • Sun or Florida Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Gedney Versus Pierson Com Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42434510010000131

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,389

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A just north of the curve in Manalapan
  • Year Built: 1974
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble, Wood
  • Living Area: 6434.0
  • Dining Room Type: Family Room, Florida Room, Great Room
  • Stories: 1

Exterior Features

  • View: Intercoastal, Lake, Ocean
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Two or More Spaces

Utilities

  • Security: Security System, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 42434510010000131
  • Zoning Description: RES

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 116389.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2014
Closed on
Dec 16, 2014
Sold by
Waldmann Robert
Bought by
1420 South Ocean Boulevard Llc
Seller's Agent
Randolph Ely
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$11,500,000
Sold Price
$10,087,000
Premium/Discount to List
-$1,413,000
-12.29%
Current Estimated Value
$24,244,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,157,145
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Jul 30, 2010
Sold by
Waldmann Robert
Bought by
Waldmann Robert and Robert Waldmann Trust
Source: Public Records

Range of Values:

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Average Value
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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
1420 South Ocean Boulevard Llc $10,087,000 Attorney
Waldmann Robert -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waldmann Robert $1,933,000
Previous Owner Waldmann Robert $2,000,000
Previous Owner Waldmann Robert $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $10,087,000 -12.3% $1,568 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
11/12/2014 11/12/14 For Sale $11,500,000 -- $1,787 / 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 $260,498 $13,908,950 -- --
2023 $292,931 $12,644,500 $0 $0
2022 $219,490 $11,495,000 -- --
2021 $179,352 $11,460,600 $11,460,600 $0
2020 $158,338 $9,500,000 $9,500,000 $0
2019 $168,517 $10,000,000 $10,000,000 $0
2018 $158,515 $9,790,891 $9,790,891 $0
2017 $168,496 $10,359,591 $9,150,365 $1,209,226
2016 $161,420 $9,437,537 $0 $0
2015 $150,893 $8,579,579 $0 $0
2014 $116,389 $6,065,377 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Randolph Ely

    Douglas Elliman

    (561) 271-2762

    1 in this area

    8 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2014

    NICHOLAS MALINOSKY

    Douglas Elliman

    (561) 306-4597

    11 in this area

    140 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10088307

BeachesMLS

APN: 42-43-45-10-01-000-0131

Florida Palm Beach County Lantana 33462

1420 S Ocean Blvd, Lantana, FL

This home is located at 1420 S Ocean Blvd, Lantana, FL 33462 since 12 November 2014 and is currently estimated at $24,244,145, approximately $3,768 per square foot. This property was built in 1974. 1420 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle 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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