$68,145,600
SOLD JUL 3, 2023
7 Beds
9 Baths
7,686 Sq Ft
1.44 Acres

Recently Sold

$8,866 Per Sq Ft

14% Below List Price

185 Days on Market

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Wine Room
  • Palm Beach Public School Rated A-
  • Guest House
  • Home Theater

About This Home

As of July 2023

A sensational modern Caribbean style residence with dramatic ocean and inlet water views. A six bedroom mansion complete with screening room, oceanfront office, large exercise room and ample staff accommodations. Several hundred feet along the inlet with breathtaking views, deep dune and prime direct beachfront land. Main house, guest house and staff area conveniently separated for the ultimate experience in Palm Beach living.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 11/29/2022

Last Buyer's Agent

Madison Collum

One Sotheby's International Realty License #SL-3055486

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $372,807

Year Built

  • Built in 2020

Lot Details

  • Waterfront
  • Northeast Facing Home
  • Irregular Lot
  • Property is zoned RB

Home Design

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

Interior Spaces

  • 7,686 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Wine Room
  • Dining Room
  • Home Theater
  • Library
  • Utility Room
  • Home Gym
  • Direct Ocean Views

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Apartment

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

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

Community Details

  • No Home Owners Association
  • Sea Isle Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434234010000260

Home Details

Home Type

Single Family

Est. Annual Taxes

$372,807

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 96.62
  • Subdivision Name: Sea Isle Estates
  • Architectural Style: Contemporary, Two Story
  • Garage Yn: Yes
  • Year Built: 2020
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 372807.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 7686.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 96.62
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Waterfront:Ocean-Direct: Yes
  • Lot Size:Irregular Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Sound System, Smoke Detectors, Wet Bar, Wine Rm/Temp-Control, Pantry
  • Living Area: 7686.0
  • Window Features: Impact Glass-Full
  • 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:Refrigerator-Wine: Yes
  • Appliances:Freezer: 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
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Interior Features:Wine RmTemp-Control: 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, Patio/Lanai, Ocean Access-Deeded, Satellite Dish, Guesthouse/Cottage
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Satellite Dish: Yes

Garage/Parking

  • Parking Features: 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 #: 50434234010000260
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 372807.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jun 30, 2023
Sold by
Miller Myron M and Miller Michelle
Bought by
Island Sands Trust
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Madison Collum
One Sotheby's International Realty
List Price
$79,000,000
Sold Price
$68,145,600
Premium/Discount to List
-$10,854,400
-13.74%
Views
548
Current Estimated Value
$39,279,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,866,336
Avg. Annual Appreciation
-23.40%

Purchase Details

Listed on
May 24, 2016
Closed on
Mar 13, 2017
Sold by
Kuvin Schreier Lisa and Kuvin Schreier Lisa
Bought by
Miller Myron
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$14,650,000
Sold Price
$14,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.59%
Interest Rate
4.21%

Purchase Details

Closed on
Dec 7, 2012
Sold by
Kuvin Sanford F and Kuvin Gabrielle T
Bought by
Schreier Lisa Kuvin and Sanford F Kuvin Irrevocable Trust

Purchase Details

Closed on
Nov 13, 2006
Sold by
Kuvin Sanford F and Kuvin Gabrielle T
Bought by
Kuvin Sanford F

Purchase Details

Closed on
Mar 21, 2006
Sold by
Giller Regina R
Bought by
Kuvin Sanford F and Kuvin Gabrielle T
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 $68,145,600 None Listed On Document
Deed $14,640,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed $5,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $10,000,000 New Conventional
Previous Owner $11,150,000 New Conventional
Previous Owner $2,500,000 Future Advance Clause Open End Mortgage
Previous Owner $6,000,000 Credit Line Revolving
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $68,145,600 -13.7% $8,866 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
11/29/2022 11/29/22 For Sale $79,000,000 +439.2% $10,278 / Sq Ft
03/13/2017 03/13/17 Sold $14,650,000 0.0% $3,352 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
05/24/2016 05/24/16 For Sale $14,650,000 -- $3,352 / 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 $845,111 $56,566,999 -- --
2023 $372,066 $24,583,733 $0 $0
2022 $372,806 $23,867,702 $0 $0
2021 $379,282 $23,172,526 $0 $0
2020 $275,541 $16,480,243 $16,480,243 $0
2019 $273,225 $16,000,243 $16,000,243 $0
2018 $265,003 $16,020,298 $15,968,030 $52,268
2017 $46,446 $2,598,324 $0 $0
2016 $43,250 $2,544,881 $0 $0
2015 $44,737 $2,527,191 $0 $0
2014 $44,952 $2,507,134 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1756

APN: 50-43-42-34-01-000-0260