NOT LISTED FOR SALE

Estimated Value: $902,000 - $1,115,000

5 Beds
5 Baths
2,853 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2025

Last sale price $1,050,000 $368 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,951 / mo

78 Days on Market

Highlights

  • Furnished
  • Putting Green
  • Walk-In Closet
  • Community Spa
  • Impact Glass
  • Ceramic Tile Flooring

About This Home

As of March 2025

PARADISE AT THE COVE! Welcome to your dream home or investment opportunity in Deerfield's most coveted neighborhood, The Cove! This beautifully renovated 2-unit property is a tropical oasis, perfectly set up as an AirBnB or a flexible multi-use residence. Offering 2 Stunning Units: The Larger Unit:3BR/3BA, a fully equipped kitchen, and in-unit laundry. The Smaller Unit: 2BR/2BA, its own kitchen, and laundry. The Units are connected via a double-locked door system, which can remain open to create a seamless 5BR/5BA home, ideal for large families or group vacations. Offering an Outdoor Paradise with a tropically landscaped courtyard designed for Florida living. Features include a hot tub, putting green, gazebo with cozy seating and TV, and a BBQ area Turnkey and Ready, the home comes fully furnished, including all electronics and essentials. Perfect for immediate use as a rental property or as luxurious home base. This Prime Location is just minutes from the ocean beach, Deerfield Pier, and the area's best shopping and restaurants. The possibilities are endless: Ideal for AirBnB investors or those seeking a vacation rental. Live in one unit and rent the other for consistent income. A 5-bedroom option makes it perfect for family reunions, boys/girls trips, or retreats.
This property offers a lifestyle of luxury, flexibility, and income potential in a location that can't be beat! Let us help to make this paradise your reality!

Last Agent to Sell the Property

Jonathan Phillips

Keller Williams Realty Service License #3278130 Listed on: 12/10/2024

Keller Williams Realty Service

Last Buyer's Agent

Marie Story

Keller Williams Realty Service License #459577

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,716

Year Built

  • Built in 1998

Lot Details

  • South Facing Home

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,853 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Impact Glass

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

  • Community Spa
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,716

Year Built

Built in 1998

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Directions: Hillsboro east to 15th avenue south. Property is on the corner of 15th and 4th
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: THE COVE
  • Year Built: 1998
  • Year Built Details: Resale
  • OriginatingSystemListAgentMemberKey: 79642527
  • ListAgentNationalAssociationId: 276532168
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Laminate
  • Furnished: Furnished
  • Interior Amenities: Primary Downstairs, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2853.0
  • Spa Features: Community
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Disclosures: Owner Is Listing Agent
  • Pool Private: No
  • Property Condition: Resale
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Non-Gated, Putting Green
  • Pets Allowed: Yes
  • Senior Community: No

Lot Info

  • Zoning Description: RM-15

Tax Info

  • Tax Annual Amount: 14716.1
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Mar 28, 2025
Sold by
Paradise At The Cove Llc
Bought by
Seller's Agent
Jonathan Phillips
Keller Williams Realty Service
Buyer's Agent
Marie Story
Keller Williams Realty Service
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Current Estimated Value
$1,002,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,443
Avg. Annual Appreciation
-3.14%
Original Mortgage
$540,000
Outstanding Balance
$532,881
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$469,676

Purchase Details

Closed on
Mar 21, 2023
Sold by
American Cash Homes Llc
Bought by
Paradise At The Cove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2022
Sold by
Morgan Bay M and Morgan Cristina Anemarie
Bought by
American Cash Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,606
Interest Rate
5.51%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 8, 2021
Sold by
Morgan Cole J and Morgan Andrea
Bought by
Morgan Bay M and Morgan Anemarie Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2021
Sold by
Morgan Cole J and Morgan Andrea
Bought by
Morgan Bay M and Morgan Anemarie Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1993
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in The Cove, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,050,000 Coastal Home Title, Llc
Paradise At The Cove Llc -- Title Now
American Cash Homes Llc $750,000 Title Now
Morgan Bay M $100,000 Orange Coast Lender Services
Morgan Bay M $100,000 Orange Coast Lender Services
Available Not $105,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,000
Previous Owner Paradise At The Cove Llc $765,000
Previous Owner American Cash Homes Llc $749,606
Previous Owner Morgan Bay M $353,900
Previous Owner Morgan Bay M $48,500
Previous Owner Morgan Bay M $388,000
Previous Owner Morgan Cole J $150,000
Previous Owner Morgan Bay M $196,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2025 03/28/25 Sold $1,050,000 0.0% $368 / Sq Ft
03/28/2025 03/28/25 Sold $1,050,000 -4.5% $368 / Sq Ft View Prior Sale
02/26/2025 02/26/25 Pending -- -- --
12/27/2024 12/27/24 Price Changed $1,100,000 -8.3% $386 / Sq Ft
12/10/2024 12/10/24 For Sale $1,200,000 0.0% $421 / Sq Ft
12/10/2024 12/10/24 For Sale $1,200,000 -- $421 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,718 $933,920 $84,160 $849,760
2025 $14,716 $704,470 $84,160 $620,310
2024 $14,855 $684,540 $84,160 $600,380
2023 $14,855 $684,540 $84,160 $600,380
2022 $9,287 $424,140 $84,160 $339,980
2021 $5,649 $293,790 $0 $0
2020 $5,541 $288,700 $0 $0
2019 $5,565 $312,120 $0 $0
2018 $5,107 $309,320 $0 $0
2017 $4,751 $239,910 $0 $0
2016 $4,444 $223,840 $0 $0
2015 $4,195 $210,200 $0 $0
2014 $3,975 $197,680 $0 $0
2013 -- $231,160 $84,160 $147,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: R11043837

Martin County REALTORS® of the Treasure Coast

APN: 48-43-05-08-1190

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