NOT LISTED FOR SALE

1620 S Ocean Blvd Palm Beach, FL 33480

Estimated Value: $4,627,000 - $17,862,179

6 Beds
8.5 Baths
8,723 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $12,651,208 $1,450 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $73,672/month

395 Days on Market

Highlights

  • Ocean Front
  • Heated Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of July 2019

Prime Oceanfront Home with views, glorious beach, quality, ''nearly'' new state of the art construction, totally turnkey and easy! Terrific 6BR floor plan, well proportioned interior spaces surround a stunning pool, outdoor loggia area, perfect for entertaining and casual living. Modern living concepts with kitchen/breakfast opening onto family room, 2 luxury baths in oversized master BR, with generous closet space.

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 05/04/2018

The Corcoran Group

Last Buyer's Agent

Jana Scarpa

William Raveis Real Estate License #3046935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $178,762

Year Built

  • Built in 2006

Lot Details

  • 0.52 Acre Lot
  • Ocean Front
  • Fenced
  • Sprinkler System
  • Property is zoned R-A

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 8,723 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Palm Beach Ests Pb In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434411030001003

Home Details

Home Type

Single Family

Est. Annual Taxes

$178,762

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Ocean Boulevard South of the Southern bridge.
  • Year Built: 2006
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Pantry, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 8723.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • View: Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • 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, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434411030001003
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 22750.0
  • Zoning Description: R-A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 178762.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Lomangino Anthony and Lomangino Lynda
Bought by
Anthony Lomangino Revocable Trust and Lynda Lomangino Revocable Trust
Current Estimated Value
$11,244,590

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 8, 2019
Sold by
Abramson Laurence C and Abramson Eileen T
Bought by
Lomangino Anthony and Lomangino Lynda
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Jana Scarpa
William Raveis Real Estate
List Price
$18,850,000
Sold Price
$12,651,208
Premium/Discount to List
-$6,198,792
-32.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.99%

Purchase Details

Closed on
May 7, 2009
Sold by
1620 South Ocean Llc
Bought by
Abramson Laurence C and Abramson Eileen T

Purchase Details

Closed on
Mar 12, 2003
Sold by
Kriser Sidney P
Bought by
1620 South Ocean Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,600,000
Interest Rate
5.86%

Purchase Details

Closed on
May 27, 1998
Sold by
Caddell John B
Bought by
Brennan Donald P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1993
Sold by
Kriser Sidney P and Kriser Anne N
Bought by
Kriser Anne N
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
Anthony Lomangino Revocable Trust -- --
Lomangino Anthony $12,651,207 Attorney
Abramson Laurence C -- None Available
1620 South Ocean Llc $3,700,000 --
Brennan Donald P $3,900,000 --
Kriser Anne N -- --
Kriser Sidney P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1620 South Ocean Llc $5,600,000
Previous Owner Brennan Donald P $3,400,000
Closed 1620 South Ocean Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $12,651,208 -32.9% $1,450 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
05/08/2018 05/08/18 For Sale $18,850,000 -- $2,161 / 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 $168,661 $11,301,294 -- --
2023 $165,226 $10,972,130 $0 $0
2022 $165,542 $10,652,553 $0 $0
2021 $168,348 $10,342,284 $0 $0
2020 $168,744 $10,199,491 $0 $0
2019 $201,945 $11,974,850 $8,000,000 $3,974,850
2018 $178,762 $11,041,909 $7,543,584 $3,498,325
2017 $164,676 $9,817,359 $6,286,320 $3,531,039
2016 $167,612 $9,734,971 $0 $0
2015 $169,539 $9,220,510 $0 $0
2014 $154,341 $8,382,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Koch

    Seller's Agent in 2019

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    223 Total Sales

    Dana Koch
    Section Image

  • J

    Buyer's Agent in 2019

    Jana Scarpa

    William Raveis Real Estate

    (561) 289-2002

    1 Total Sale

    Jana Scarpa
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10429926

BeachesMLS

APN: 50-43-44-11-03-000-1003

Florida Palm Beach County Palm Beach 33480

1620 S Ocean Blvd, Palm Beach, FL

This home is located at 1620 S Ocean Blvd, Palm Beach, FL 33480 since 04 May 2018 and is currently estimated at $11,244,590, approximately $1,289 per square foot. This property was built in 2006. 1620 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community 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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