NOT LISTED FOR SALE

1560 S Ocean Blvd Lantana, FL 33462

Estimated Value: $4,284,000 - $36,289,156

7 Beds
12 Baths
11,197 Sq Ft
$1,812/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $26,200,000 $2,340 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $144,248/month

40 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Free Form Pool
  • Vaulted Ceiling
  • Ocean View
  • 59,788 Sq Ft lot
  • Roman Tub

About This Home

As of March 2021

This exquisite ocean to lake estate is exceptional in every way - from its design to its amenities and breathtaking views from every level. Villa Lumina has all the features of a world class resort awaiting a discerning owner's private and quiet enjoyment. One of only six rarely available Manalapan properties with a tunnel to the beach and its own private oceanfront cabana, this magnificent estate offers everything a buyer could ask for--and some things they hadn't even thought of.

Last Agent to Sell the Property

Cathy Casella

Brown Harris Stevens of PB License #3050060 Listed on: 12/20/2020

Brown Harris Stevens of PB

Last Buyer's Agent

Chris Leavitt

Douglas Elliman License #3232586

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $208,024

Year Built

  • Built in 2011

Lot Details

  • 1.37 Acre Lot
  • 150 Feet of Waterfront
  • Ocean Front
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned R1B

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 11,197 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Bar
  • Vaulted Ceiling
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Free Form Pool
  • No Fixed Bridges
  • Balcony
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 42434510010000124

Community Details

Overview

  • Gedney Vs Pierson Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$208,024

Year Built

Built in 2011

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On Ocean Blvd, South of Eau Palm Beach Resort & Spa and North of Boynton Inlet
  • Year Built: 2011
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Flooring: Carpet, Marble, Wood
  • Living Area: 11197.0
  • Dining Room Type: Family Room, Great Room, In-Law Suite, Storage Room
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Porch
  • View: Intercoastal, Ocean
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Free Form, Heated, Other, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 42434510010000124
  • Lot Size Sq Ft: 59788.0
  • Zoning Description: R1B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 208024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2020
Closed on
Mar 1, 2021
Sold by
Sarah & Co Llc
Bought by
S Ocean 1560 Llc
Seller's Agent
Cathy Casella
Brown Harris Stevens of PB
Buyer's Agent
Chris Leavitt
Douglas Elliman
List Price
$27,500,000
Sold Price
$26,200,000
Premium/Discount to List
-$1,300,000
-4.73%
Current Estimated Value
$20,476,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,723,110
Avg. Annual Appreciation
-5.61%

Purchase Details

Listed on
Aug 30, 2013
Closed on
Aug 21, 2013
Sold by
1560 S Ocean Llc
Bought by
Sarah & Co Llc
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
John Pickett
Brown Harris Stevens of PB
List Price
$18,995,000
Sold Price
$16,350,000
Premium/Discount to List
-$2,645,000
-13.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Oct 15, 2007
Sold by
Satter Stewart A
Bought by
1560 S Ocean Llc

Purchase Details

Closed on
Apr 11, 2005
Sold by
Young Realty Co Lp
Bought by
Satter Stewart A

Purchase Details

Closed on
Dec 22, 1998
Sold by
Dailey Nancy K and Warmus Thomas A
Bought by
Young Realty Co L P
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
S Ocean 1560 Llc $26,200,000 Attorney
Sarah & Co Llc $16,350,000 Attorney
1560 S Ocean Llc -- Attorney
Satter Stewart A $4,700,000 Landcastle Title Llc
Young Realty Co L P $1,650,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $26,200,000 -4.7% $2,340 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
12/20/2020 12/20/20 For Sale $27,500,000 +68.2% $2,456 / Sq Ft
08/30/2013 08/30/13 Sold $16,350,000 -13.9% $1,460 / Sq Ft
08/30/2013 08/30/13 For Sale $18,995,000 -- $1,696 / 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 $373,884 $24,489,196 -- --
2023 $398,641 $25,870,870 $13,839,650 $12,031,220
2022 $489,235 $30,948,900 $0 $0
2021 $229,973 $14,839,959 $6,055,715 $8,784,244
2020 $201,354 $12,070,493 $4,750,000 $7,320,493
2019 $209,445 $12,418,333 $5,000,000 $7,418,333
2018 $256,813 $16,910,976 $5,168,682 $11,742,294
2017 $235,775 $15,547,604 $5,067,335 $10,480,269
2016 $219,502 $12,483,414 $0 $0
2015 $199,537 $11,348,558 $0 $0
2014 $239,127 $13,446,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cathy Casella

    Brown Harris Stevens of PB

    (561) 659-6400

    3 in this area

    20 Total Sales

    Section Image
  • Chris Leavitt

    Buyer's Agent in 2021

    Chris Leavitt

    Douglas Elliman

    (616) 414-2810

    7 in this area

    219 Total Sales

    Section Image

  • P

    Seller's Agent in 2013

    Pascal Liguori

    Premier Estate Properties, Inc

    (561) 414-4849

    12 in this area

    161 Total Sales

    Section Image
  • John Pickett

    Buyer's Agent in 2013

    John Pickett

    Brown Harris Stevens of PB

    (561) 301-5266

    1 in this area

    24 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10679617

BeachesMLS

APN: 42-43-45-10-01-000-0124

Florida Palm Beach County Lantana 33462

1560 S Ocean Blvd, Lantana, FL

This home is located at 1560 S Ocean Blvd, Lantana, FL 33462 since 20 December 2020 and is currently estimated at $20,286,578, approximately $1,811 per square foot. This property was built in 2011. 1560 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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