$2,000,000
SOLD MAR 15, 2016

1423 Lands End Rd Lantana, FL 33462

5 Beds
7.5 Baths
5,064 Sq Ft
0.36 Acres

Recently Sold

$395 Per Sq Ft

34% Below List Price

111 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Vaulted Ceiling
  • Mediterranean Architecture
  • Private Pool
  • Marble Flooring
  • Den

About This Home

As of October 2021

JUST REDUCED! BEST VALUE FOR WATERFRONT PROPERTY AVAILABLE ON HYPOLUXO ISLAND! Elegant, one of a kind, custom-built direct waterfront estate with spectacular intracoastal views in prime location on Hypoluxo Island! 5 bedrooms, 7 1/2 baths. Office with copper ceilings and custom built-in wall unit. Two living rooms plus family room. Lovely open master bedroom suite with two separate baths and adjacent sitting room overlooking intracoastal. Upstairs features three bedroom suites, loft and balcony. Vaulted 20 ft. ceilings, stunning staircase and lovely archways. French doors lead to small garden patios. Private boat dock with lift & electric. New seawall. Lovely pool area with separate spa, & pavered patio. OPEN HOUSE FEB. 16th Tuesday, 1 - 3 pm.

Last Listed By

Jo Ann Grayson

RE/MAX Services License #SL3137264 Listed on: 10/25/2015

RE/MAX Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,634

Year Built

  • Built in 2001

Lot Details

  • 0.36 Acre Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Sprinkler System
  • Property is zoned R1A

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 5,064 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Plantation Shutters
  • Blinds
  • Den
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Private Pool
  • Seawall
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Community Details

  • Point Manalapan 3 Subdivision, Custom Floorplan

Listing and Financial Details

  • Assessor Parcel Number 40434503020000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,634

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A to Ocean Avenue. South of S Atlantic Drive. Follow curve to Lands End Rd.
  • Year Built: 2001
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Fireplace, Kitchen Island, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile
  • Living Area: 5064.0
  • Dining Room Type: Den, Laundry
  • Stories: 2
  • Window Features: Blinds, Plantation Shutters

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 40434503020000050
  • Lot Size Sq Ft: 15858.0
  • Zoning Description: R1A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 40634.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Oct 4, 2021
Sold by
Quaraishi Maaz and Quaraishi Sabina Sheikh
Bought by
Borzilleri Thomas and Borzilleri Mindee
Seller's Agent
Jack Elkins
William Raveis Real Estate
Buyer's Agent
Jack Elkins
William Raveis Real Estate
List Price
$4,500,000
Sold Price
$4,200,000
Premium/Discount to List
-$300,000
-6.67%
Total Days on Market
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$3,150,000
Outstanding Balance
$2,903,492
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,254,776

Purchase Details

Listed on
Oct 25, 2015
Closed on
Mar 15, 2016
Sold by
Covich Marion D and Andelman David R
Bought by
Quraishi Maaz
Seller's Agent
Jo Ann Grayson
RE/MAX Services
List Price
$3,033,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,033,000
-34.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Jan 5, 2006
Sold by
Covich Marion D
Bought by
Covich Marion D and Andelman David R

Purchase Details

Closed on
Dec 19, 2005
Sold by
Point Manalapan Llc
Bought by
Covich Marion D

Purchase Details

Closed on
Jul 20, 2000
Sold by
Judee R Shupe Tr
Bought by
Point Manalapan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
8.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1999
Sold by
Hassler Joanne T
Bought by
Shupe Judee R

Purchase Details

Closed on
Aug 10, 1993
Sold by
Hinkle Samuel F and Hinkle Elaine C
Bought by
Hassler Joanne T
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $4,200,000 Attorney
Warranty Deed $2,000,000 Corprate Title Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $675,000 --
Warranty Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,150,000 New Conventional
Previous Owner $1,765,000 Balloon
Previous Owner $1,800,000 Credit Line Revolving
Previous Owner $1,200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 For Sale $15,495,000 +268.9% $2,164 / Sq Ft
10/04/2021 10/04/21 Sold $4,200,000 -6.7% $829 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $4,500,000 +125.0% $889 / Sq Ft
03/15/2016 03/15/16 Sold $2,000,000 -34.1% $395 / Sq Ft
02/14/2016 02/14/16 Pending -- -- --
10/25/2015 10/25/15 For Sale $3,033,000 -- $599 / 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 $46,622 $2,426,411 -- --
2023 $45,376 $2,355,739 $0 $0
2022 $66,521 $3,338,421 $0 $0
2021 $37,078 $1,835,269 $0 $0
2020 $36,949 $1,809,930 $0 $0
2019 $36,478 $1,769,238 $1,100,000 $669,238
2018 $38,816 $1,933,387 $1,190,437 $742,950
2017 $39,558 $1,946,650 $1,190,437 $756,213
2016 $39,729 $1,935,573 $0 $0
2015 $40,597 $1,922,118 $0 $0
2014 $40,657 $1,906,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10178879

BeachesMLS

APN: 40-43-45-03-02-000-0050