NOT LISTED FOR SALE

1575 Ponce de Leon Dr Fort Lauderdale, FL 33316

Rio Vista Neighborhood

Estimated Value: $4,003,000 - $16,871,265

10 Beds
18 Baths
20,623 Sq Ft
$506/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $16,016,000 $777 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $81,698/month

96 Days on Market

Highlights

  • Private Pool
  • River Front
  • Wood Flooring
  • Harbordale Elementary School Rated A-
  • 60,604 Sq Ft lot
  • Furnished

About This Home

As of June 2019

BIDDING IS NOW OPEN! NO RESERVE AUCTION May 14 Ending May 18. Known as Tarpon Pointe, this iconic waterfront estate is the heart of Fort Lauderdale, the yacht capital of the world. 590 feet of prime riverfront to accommodate a 138 foot mega yacht. Property offers 1.41 acres of meticulous landscaping in a private park-like estate and resort-style pool overlooking both New & Tarpon Rivers. Point lot. Unparalleled views of the riverbend and the skyline of Fort Lauderdale. Property can potentially be subdivided for up to 4 buidable lots each with approximately 150 Feet of Waterfrontage.

Last Agent to Sell the Property

Wilhelm Nash

The Keyes Company (Tequesta) License #3344198 Listed on: 01/30/2019

Co-Listed By

Tracy Wheelock

The Keyes Company (Tequesta) License #3398689

Last Buyer's Agent

Brett Bass

Bass Realty and Investments,

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $246,019

Year Built

  • Built in 1986

Lot Details

  • 1.39 Acre Lot
  • River Front
  • South Facing Home
  • Property is zoned RS-8

Parking

  • 6 Car Garage

Interior Spaces

  • 20,623 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Workshop
  • Wood Flooring

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 10 Bedrooms

Pool

  • Private Pool

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504211183370

Community Details

Overview

  • Rio Vista Isles Subdivision

Recreation

  • Community Basketball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$246,019

Year Built

Built in 1986

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On New River in Rio Vista
  • Year Built: 1986
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Kitchen Island, Workshop
  • Furnished: Furnished
  • Appliances: Dishwasher
  • Full Bathrooms: 11
  • Half Bathrooms: 7
  • Total Bedrooms: 10
  • Flooring: Wood
  • Living Area: 20623.0
  • Dining Room Type: Workshop
  • Stories: 2

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Garage Spaces: 6.0
  • Garage Yn: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Basketball Court
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 504211183370
  • Lot Size Sq Ft: 60604.0
  • Zoning Description: RS-8
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 246019.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
Jun 5, 2019
Sold by
1575 Ponce De Leon Company Llc
Bought by
Declaration West Jr Charles E and Declaration Charles E West Jr
Seller's Agent
Wilhelm Nash
The Keyes Company (Tequesta)
Buyer's Agent
Brett Bass
Bass Realty and Investments,
List Price
$27,000,000
Sold Price
$16,016,000
Premium/Discount to List
-$10,984,000
-40.68%
Current Estimated Value
$10,437,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,578,867
Avg. Annual Appreciation
-5.73%

Purchase Details

Closed on
Jan 2, 2005
Sold by
Egan Michael S and Jacqueline Egan S
Bought by
1575 Ponce De Leon Co Llc and 1575 Ponce De Leon Land Trust

Purchase Details

Closed on
Nov 1, 1991
Sold by
Available Not
Bought by
Available Not
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 Buyer Sale Price Title Company
Declaration West Jr Charles E $14,300,000 Attorney
1575 Ponce De Leon Co Llc -- --
Available Not $3,085,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Egan Michael S $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2019 06/06/19 Sold $16,016,000 -40.7% $777 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $27,000,000 -- $1,309 / 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
2025 $297,952 $15,997,310 $8,181,540 $7,815,770
2024 $300,694 $15,997,310 $8,181,540 $7,815,770
2023 $300,694 $15,913,610 $8,181,540 $7,732,070
2022 $273,118 $14,680,740 $8,181,540 $6,499,200
2021 $260,440 $13,980,180 $8,181,540 $5,798,640
2020 $249,142 $13,442,000 $8,181,540 $5,260,460
2019 $266,383 $14,300,000 $8,181,540 $6,118,460
2018 $246,019 $13,564,880 $0 $0
2017 $245,212 $13,285,880 $0 $0
2016 $247,658 $13,012,620 $0 $0
2015 $253,055 $12,922,170 $0 $0
2014 $255,733 $12,819,620 $0 $0
2013 -- $12,798,020 $4,545,300 $8,252,720
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Wilhelm Nash

    The Keyes Company (Tequesta)

    (732) 998-6377

    48 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Tracy Wheelock

    The Keyes Company (Tequesta)

    (561) 927-5657

    2 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Brett Bass

    Bass Realty and Investments,

  • Brett Bass

    Buyer's Agent in 2019

    Brett Bass

    Bass Realty and Investments,

    (954) 253-8221

    3 in this area

    32 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10500424

BeachesMLS

APN: 50-42-11-18-3370

Florida Broward County Fort Lauderdale 33316 Rio Vista

1575 Ponce de Leon Dr, Fort Lauderdale, FL

This home is located at 1575 Ponce de Leon Dr, Fort Lauderdale, FL 33316 since 30 January 2019 and is currently estimated at $10,437,133, approximately $506 per square foot. This property was built in 1986. 1575 Ponce de Leon Dr is a home located in Broward County with nearby schools including Harbordale Elementary School, Sunrise Middle School, and Fort Lauderdale High 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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