NOT LISTED FOR SALE

Estimated Value: $1,784,691 - $2,478,000

0.38 Acre
$5,468,852 Price per Acre
16,752 Sq Ft Lot

Last Sold September 21, 2018

Last sale price $1,150,000 $398 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $14,156/month

67 Days on Market

Highlights

  • Beach Front
  • Intracoastal View
  • Cul-De-Sac
  • Property has ocean access
  • Corner Lot

About This Lot

As of September 2018

Rarely available and highly desirable SOUTHEAST POINT LOT offers 277 feet of waterfrontage. Perfectly situated on a quiet cul-de-sac, this oversized lot of .38 acre can accommodate a very large waterfront estate. Close proximity to the Boca Raton and the Hillsboro Beach Inlets, you will be enjoying the crystal blue Atlantic ocean in just minutes. Dockage can be built to accommodate a very large yacht. Waterfrontage on side canal is 150 linear feet. Intracoastal frontage is 126 feet. Plans are available upon request for a spectacular mid Century modern home. World class shopping, dining, and sporting attractions are close at hand and both the Fort Lauderdale and Miami airports are within an hours drive.

Last Agent to Sell the Property

JULIE ANN GIACHETTI

One Sotheby's International Realty License #511838 Listed on: 06/15/2018

One Sotheby's International Realty

Last Buyer's Agent

JULIE ANN GIACHETTI

One Sotheby's International Realty License #511838 Listed on: 06/15/2018

One Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,729

Lot Details

  • 0.38 Acre Lot
  • Beach Front
  • Property fronts an intracoastal waterway
  • Waterfront Tip Lot
  • Cul-De-Sac
  • Corner Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed

Property Views

  • Intracoastal Views

Listing and Financial Details

  • Assessor Parcel Number 484305091150

Community Details

Overview

  • Cove 2Nd Sec Subdivision

Recreation

  • Property has ocean access
  • Seawall
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$22,729

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SE 10 STREET EAST OFF US 1 , GO TO SE 15 AVENUE GO LEFT TO SE 9TH ST., TAKE RIGHT TO END OF CUL DE SAC.
  • Special Features: None

Exterior Features

  • View: Intercoastal
  • Lot Features: Beach Front, Corner Lot, Cul-De-Sac
  • Road Surface Type: Paved
  • Waterfront Features: Intracoastal Access, Ocean Access, Point Lot, Riprap, Seawall
  • Waterfront: Yes

Lot Info

  • Parcel #: 484305091150
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 16752.0
  • Zoning Description: -
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 22729.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 21, 2018
Sold by
Petersen Kim E and Petersen Claudia M
Bought by
Gupta Vipin
Seller's Agent
JULIE ANN GIACHETTI
One Sotheby's International Realty
Buyer's Agent
JULIE ANN GIACHETTI
One Sotheby's International Realty
List Price
$1,395,000
Sold Price
$1,150,000
Premium/Discount to List
-$245,000
-17.56%
Current Estimated Value
$2,103,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$953,173
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Nov 1, 2007
Sold by
Schurman Gislene M Souza
Bought by
Petersen Kim E and Petersen Claudia M

Purchase Details

Closed on
Jul 3, 2003
Sold by
Schurman Gislene M Souza and Schurman Gislene Souza
Bought by
Schurman Gislene M Souza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 1997
Sold by
Schurman James F and Schurman Gislene S
Bought by
Schurman Gislene S

Purchase Details

Closed on
May 17, 1991
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
May 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
Gupta Vipin $1,150,000 Princeton Title & Escrow Llc
Petersen Kim E $1,450,000 Roberto & Associates Title A
Schurman Gislene M Souza -- --
Schurman Gislene S $100 --
Available Not $7,857 --
Available Not $345,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Vipin $2,200,000
Previous Owner Schurman Gislene M Souza $220,000
Previous Owner Schurman Gislene S $60,000
Previous Owner Schurman Gislene S $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $1,150,000 -17.6% $398 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $1,395,000 -- $483 / 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 $31,691 $1,507,680 $1,507,680 --
2024 $30,369 $1,507,680 $1,507,680 --
2023 $30,369 $1,317,530 $0 $0
2022 $26,462 $1,197,760 $0 $0
2021 $22,408 $1,088,880 $1,088,880 $0
2020 $22,391 $1,088,880 $1,088,880 $0
2019 $21,408 $1,034,440 $1,034,440 $0
2018 $22,385 $1,088,880 $1,088,880 $0
2017 $22,729 $1,088,880 $0 $0
2016 $22,220 $1,040,300 $0 $0
2015 $21,258 $963,240 $0 $0
2014 $21,689 $963,240 $0 $0
2013 -- $963,240 $963,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10440088

BeachesMLS

APN: 48-43-05-09-1150