NOT LISTED FOR SALE

Estimated Value: $4,723,000 - $6,530,000

6 Beds
7.5 Baths
5,018 Sq Ft
$1,070/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $4,113,000 $820 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $33,366/month

62 Days on Market

Highlights

  • Heated Pool
  • Marble Flooring
  • Pool View
  • Boca Raton Community Middle School Rated A-
  • High Ceiling
  • Breakfast Area or Nook

About This Home

As of June 2024

1625 Sabal Palm Drive | This Elegant transitional Estate is located on a corner interior lot on a serene quiet street in the Prestigious Royal Palm Yacht & Country Club. This 6418 Total Sq. FT Estate features 6 bedrooms & 6.1 bathrooms w/ 3-car garage. Oversized But cozy Living Room, chef's kitchen and Gourmet Appliances w/ butler's pantry & breakfast area, formal dining room, club room w/ wine cellar, open family room,. Impact glass throughout, marble flooring first floor, Second Floor wood, and living room with fireplace, along with 4 en-suite Bedrooms. A Resort style backyard with pool, elevator and full house Generator, steps to the The Boca Raton, Ocean, fine dinning and luxurious lifestyle. First Floor:
Two-story foyer
Living room w/ fireplace
Powder room
Elevator
Office/Study w/ cabana bath (6th bedroom)
Club room w/ wine room
Formal dining room
Kitchen w/ 2 islands & butler's pantry & breakfast area
Family room 2nd Floor:
Primary suite w/ bathroom, morning bar & separate walk-in closets 4 guest suites w/ walk-in closets & full bathrooms
Upstairs loft w/ multiple seating areas
Laundry room Exterior Features:
Heated pool & spa
Covered patio w/ summer kitchen Additional Features:
Minutes from "THE BOCA RATON" & the Beach
Minutes to Fine Dining, Shopping, Mizner, & Mizner Amphitheater
Minutes from I-95, and within 30 minutes from both Ft. Lauderdale & West Palm Beach Airports

Last Agent to Sell the Property

Marcy Javor

Signature One Luxury Estates LLC License #3329310 Listed on: 03/14/2024

Signature One Luxury Estates LLC

Last Buyer's Agent

Marcy Javor

Signature One Luxury Estates LLC License #3329310 Listed on: 03/14/2024

Signature One Luxury Estates LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,958

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • North Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 5,018 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100210080

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, security
  • Royal Palm Yacht & Country Club Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,958

Year Built

Built in 2005

Lot Details

0.25 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Highway entrance to sabal palm second left on Sabal Palm drive, follow to 1625 Sabal Palm drive on corner
  • Year Built: 2005
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, High Ceilings, Pantry, Sitting Area in Primary, Upper Level Primary, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 5018.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • View: Pool
  • Lot Features: Sprinkler System, < 1/4 Acre
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Security System Owned, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 298.33
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: None
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100210080
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Mobile Dim Units: Feet
  • Zoning: R1A(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 62957.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 6, 2024
Sold by
Smithers-Mcdonnell Nicole and Mcdonnell Raymond K
Bought by
Edvard Jovanovski Revocable Trust and Jovanovski
Seller's Agent
Marcy Javor
Signature One Luxury Estates LLC
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$6,575,000
Sold Price
$4,113,000
Premium/Discount to List
-$2,462,000
-37.44%
Views
36
Current Estimated Value
$5,368,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,255,230
Avg. Annual Appreciation
16.24%

Purchase Details

Listed on
Jun 23, 2021
Closed on
Sep 15, 2021
Sold by
Gursahaney Naren and Gursahaney Judith
Bought by
Mcdonnell Raymond K and Smithers Mcdonnell Nicole
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$3,250,000
Sold Price
$3,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$2,600,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2011
Closed on
Oct 3, 2012
Sold by
Rizzo Robert G and Rizzo Donna M
Bought by
Gursahaney Naren
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Bonnie Heatzig
Compass Florida LLC
List Price
$2,375,000
Sold Price
$2,050,000
Premium/Discount to List
-$325,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$1,000,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Janik Joseph J and Singer Richard
Bought by
Rizzo Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Stitt William E and Stitt Page Fewell
Bought by
Medina Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
5.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edvard Jovanovski Revocable Trust $4,113,000 Signature Title Group
Edvard Jovanovski Revocable Trust $4,113,000 Signature Title Group
Mcdonnell Raymond K $3,250,000 Old Palm Title Llc
Gursahaney Naren $2,050,000 Old Palm Title Llc
Rizzo Robert G $2,350,000 Suncoast Title Of Wellington
Medina Daniel $650,000 United Title Land Services I
Cook Norman $950,000 United Title Land Services I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonnell Raymond K $2,600,000
Previous Owner Gursahaney Naren $1,000,000
Previous Owner Rizzo Robert G $1,500,000
Previous Owner Cook Norman $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2024 06/10/24 Sold $4,113,000 -25.2% $820 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/12/2024 04/12/24 Price Changed $5,500,000 -16.3% $1,096 / Sq Ft
03/14/2024 03/14/24 For Sale $6,575,000 0.0% $1,310 / Sq Ft
08/14/2023 08/14/23 Rented $26,000 0.0% --
08/14/2023 08/14/23 For Rent $26,000 +15.6% --
07/20/2022 07/20/22 Rented $22,500 -10.0% --
06/20/2022 06/20/22 Under Contract -- -- --
06/10/2022 06/10/22 For Rent $25,000 0.0% --
09/15/2021 09/15/21 Sold $3,250,000 0.0% $648 / Sq Ft View Prior Sale
08/16/2021 08/16/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $3,250,000 +58.5% $648 / Sq Ft
10/10/2012 10/10/12 Sold $2,050,000 -13.7% $409 / Sq Ft View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
04/09/2011 04/09/11 For Sale $2,375,000 -- $473 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $65,212 $3,633,959 -- --
2024 $65,212 $3,697,674 -- --
2023 $62,958 $3,361,522 $2,820,751 $1,304,480
2022 $54,002 $3,055,929 $0 $0
2021 $34,582 $1,937,770 $0 $0
2020 $34,100 $1,911,016 $0 $0
2019 $34,285 $1,868,051 $0 $0
2018 $32,136 $1,833,220 $0 $0
2017 $31,967 $1,795,514 $0 $0
2016 $32,100 $1,758,584 $0 $0
2015 $32,987 $1,746,359 $0 $0
2014 $33,125 $1,732,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10968779

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-10-021-0080

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