$81,000,000
SOLD NOV 15, 2024
7 Beds
7 Baths
8,005 Sq Ft
1.15 Acres

Recently Sold

$10,119 Per Sq Ft

16% Below List Price

39 Days on Market

Highlights

  • Direct Ocean View
  • Outdoor Pool
  • Waterfront
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Contemporary Architecture

About This Home

As of November 2024

A very special modern family residence situated on a large private dune. Wonderful primary master suite with large sitting room and private gym. Six guest suites plus separate staff apartment for your family and friends. Wonderful private location with lovely pool area and several ocean vistas from most major rooms.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 06/20/2024

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 06/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $745,983

Year Built

  • Built in 1979

Lot Details

  • Waterfront
  • East Facing Home
  • Fenced Front Yard
  • Irregular Lot
  • Property is zoned RA

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,005 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dining Room
  • Library
  • Utility Room
  • Home Gym
  • Direct Ocean Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Partial Impact Glass

Parking

  • Attached Garage
  • Garage Apartment

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Manana Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234050000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$745,983

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: IRR
  • Subdivision Name: Manana Estates
  • Architectural Style: Contemporary, Two Story
  • Garage Yn: Yes
  • Year Built: 1979
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 745983.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 8005.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: 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): IRR
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass-Partial: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Waterfront:Ocean-Direct: Yes
  • Lot Size:Irregular Lot: Yes
  • Garage 2 Car: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Range-Gas, Oven-Single, Oven-Double, Microwave, Washer, Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Marble, Tile, W/W Carpeting
  • Interior Amenities: Cable, Wet Bar, Pantry
  • Living Area: 8005.0
  • Window Features: Impact Glass-Partial, Other
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1 to 3 Acres, Irregular Lot
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Fence-Front Wall
  • Roof: Tar/Gravel
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Other Rooms:Garage Apartment: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434234050000011
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 745983.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Nov 15, 2024
Sold by
Riggio Louise
Bought by
1446-65 N Ocean Way Llc
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$96,000,000
Sold Price
$81,000,000
Premium/Discount to List
-$15,000,000
-15.62%
Total Days on Market
39
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-96.27%

Purchase Details

Closed on
Nov 16, 2012
Sold by
Riggio Leonard and Riggio Louise
Bought by
Riggio Leonard

Purchase Details

Closed on
Oct 2, 2003
Sold by
Gaines Stanley N and Gaines Gay H
Bought by
Riggio Leonard
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 Type Sale Price Title Company
Warranty Deed $81,000,000 None Listed On Document
Personal Reps Deed -- None Listed On Document
Warranty Deed $81,000,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $14,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,500,000 New Conventional
Previous Owner $2,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $125,000 -- --
12/04/2024 12/04/24 For Rent $125,000 0.0% --
11/15/2024 11/15/24 Sold $81,000,000 -15.6% $10,119 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $96,000,000 0.0% $11,993 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $96,000,000 -- $11,993 / 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 $850,773 $48,897,655 -- --
2023 $745,983 $44,452,414 $0 $0
2022 $719,931 $40,411,285 $0 $0
2021 $609,550 $38,672,374 $34,500,000 $4,172,374
2020 $551,032 $33,397,756 $30,900,000 $2,497,756
2019 $552,292 $32,777,660 $30,000,000 $2,777,660
2018 $509,833 $32,618,601 $30,063,579 $2,555,022
2017 $459,957 $27,603,471 $25,052,983 $2,550,488
2016 $497,145 $28,893,741 $0 $0
2015 $505,491 $27,688,680 $0 $0
2014 $456,935 $25,171,527 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 24-978

APN: 50-43-42-34-05-000-0011