$19,995,000

1422 SE Atlantic Dr Lantana, FL 33462

Estimated payment $111,982/month

Total Views 13,843
7 Beds
9 Baths
7,631 Sq Ft
$2,620 Price per Sq Ft

Highlights

  • 120 Feet of Waterfront
  • Dock made with wood
  • Lanai
  • Property has ocean access
  • Outdoor Pool
  • No HOA

About This Home

Magnificent Waterfront Estate on Hypoluxo Island by Farrell Building Company.
Introducing an extraordinary opportunity to own one of the most prestigious homes ever to grace Hypoluxo Island. This exceptional waterfront estate, currently under construction by Farrell Building Company—one of the nation's most renowned ultra luxury builders—promises to redefine luxury living in South Florida. Set on a sprawling half-acre with 120 feet of direct water frontage, this masterpiece will offer unparalleled views of the pristine waterways and some of the finest estates in the world, including the coveted Manalapan Oceanfront Estate. Spanning over 7,800 square feet, this estate will feature 10-foot ceilings on both floors, creating a sense of grandeur and openness throughout the home. With seven expansive bedrooms and eight beautifully appointed bathrooms, the residence is designed to provide both luxury and functionality for the modern lifestyle.

Farrell Building Company brings their signature touch of parallel luxury living to Hypoluxo Island, blending timeless design with cutting-edge technology and impeccable craftsmanship. From the state-of-the-art gourmet kitchen to the expansive outdoor living areas, every detail is meticulously crafted to elevate the living experience. The estate will also feature a spacious garage, perfect for housing multiple vehicles and watercraft.
This waterfront sanctuary will offer direct access to some of the finest boating waters in South Florida, ideal for yachting and water recreation. Set to be completed in August 2025, this estate is poised to become one of the most remarkable properties ever built on the Island.
Do not miss the chance to claim your place in one of the most sought-after locations in South Floridathis is a rare opportunity to own a true masterpiece of luxury living.

Listing Agent

Steven Presson

The Corcoran Group License #3135349 Listed on: 12/13/2024

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,097

Year Built

  • Built in 2024

Lot Details

  • 0.48 Acre Lot
  • 120 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned R-1-AA-B (Single Family Residential)

Parking

  • Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,631 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Dock has access to water
  • Dock made with wood
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hypoluxo Island Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 40434503000060100

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,097

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Lot Size: 170
  • Subdivision Name: Hypoluxo Island
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 2024
  • Location Tax Legal:Zoned: R-1-AA-B (Single Family Residential)
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 16097.01
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 7631.0
  • 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
  • General Property Description:Lot Dim (1): 170
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 20909
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure:West: Yes
  • Dock:Wood: Yes
  • General Property Description:Waterfront Ftg: 120.0
  • Waterfront:Intracoastal-Direct: Yes
  • Dock:Water at Dock: Yes
  • Garage 4 Car: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Microwave, Washer, Dryer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Flooring: Other Flooring
  • Living Area: 7631.0
  • Window Features: Impact Glass
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Ocean Access-No Deed
  • Roof: Other
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Parking Features: 4 Car, Attached
  • Garage: Yes

Utilities

  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 20909.0
  • Parcel #: 40434503000060100
  • Zoning: R-1-AA-B (Single Family Residential)

Tax Info

  • Tax Annual Amount: 16097.01
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $55,388 $2,834,828 -- --
2023 $16,097 $836,253 $0 $0
2022 $15,966 $811,896 $0 $0
2021 $15,837 $788,249 $0 $0
2020 $15,827 $777,366 $0 $0
2019 $15,618 $759,889 $0 $0
2018 $14,920 $745,720 $0 $0
2017 $14,732 $730,382 $0 $0
2016 $14,570 $715,359 $0 $0
2015 $14,876 $710,386 $0 $0
2014 $14,897 $704,748 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 For Sale $19,995,000 -- $2,620 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $4,000,000 First Priority Title
Warranty Deed $4,000,000 First Priority Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $235,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $271,500 Unknown
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-1914

APN: 40-43-45-03-00-006-0100