NOT LISTED FOR SALE

Estimated Value: $6,632,000 - $8,800,429

6 Beds
8.5 Baths
8,400 Sq Ft
$955/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $5,200,000 $619 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $54,334/month

408 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Cabana
  • Beachland Elementary School Rated A-
  • Safe Room
  • 1.38 Acre Lot

About This Home

As of December 2020

OCEANFRONT MASTERPIECE IN RIO MAR VERO BEACH! This incredible DIRECT OCEANFRONT home sits on approx 1.4 Private acres with a preserve to the South Side to give you excellent privacy! The home itself is nearly 12,750 Total Sq Ft and approx 8400 Living sq ft which includes a 8+ Car garage/Workshop, 12 Seat Home Theater, Beach Volleyball court , full exercise room, incredible resort STYLE ENORMOUS POOL AND POOL PATIO which makes you feel like you have your own private vacation oasis. The home itself was built with the HIGHEST INTEGRITY with all CBS CONCRETE BLOCK walls and IMPACT GLASS windows and door. This place is a FORTRESS. The entire 3rd floor is the Masters Quarters with a Large bedroom, Private balcony, workout room, office, 2 extremely large his/hers bathrooms, sauna, safe room, fireplace, and that incredible 3rd floor OCEAN SUNRISE VIEWS! The elevator will bring you from the garage to the very top for ease and comfort. Seconds from Riomar Country Club www.riomarcountryclub.com

Last Agent to Sell the Property

Joseph Sabato

Keller Williams of the Treasure Coast License #3142347 Listed on: 09/20/2019

Keller Williams of the Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,699

Year Built

  • Built in 2000

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 100x603
  • Ocean Front
  • West Facing Home
  • Sprinkler System

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 8,400 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Three Sided Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Open Floorplan
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Safe Room
  • Impact Glass

Parking

  • 8 Car Attached Garage
  • Garage Door Opener

Pool

  • Cabana
  • Concrete Pool
  • Outdoor Shower
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Generator Hookup
  • Power Generator
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,699

Year Built

Built in 2000

Lot Details

1.38 Acres

Listing Details

  • Architectural Style: Mediterranean
  • Garage Yn: Yes
  • Lot Size Acres: 1.38
  • Lot Size: 100X603
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Subdivision Name: Riomar
  • Year Built: 2000
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Some Electric Appliances, Built-In Oven, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: Gas, Multi-Sided
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Bidet, Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, Kitchen Island, Kitchen/Dining Combo, Living/Dining Room, Pantry, Sitting Area in Master, Separate Shower, Upper Level Master, Walk-In Closet(s), Central Vacuum
  • Living Area: 8400.0
  • Stories: 3
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Disclosures: Seller Disclosure
  • Exterior Features: Balcony, Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Patio
  • Lot Features: Sprinklers Automatic
  • Other Structures: Cabana
  • Patio And Porch Features: Balcony, Covered, Patio
  • Pool Features: Concrete, Heated, Pool Equipment
  • Pool Private: Yes
  • Roof: Barrel
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Shoreline - Sand, Beach Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 8.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Electric: Generator, Generator Hookup
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Safe Room Interior
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Zoning Description: RESIDENTIAL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 86699.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
1736 Ocean Llc
Bought by
Tas 1736 Ocean Llc
Current Estimated Value
$8,020,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,693,243
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$5,327,567

Purchase Details

Listed on
Sep 20, 2019
Closed on
Dec 1, 2020
Sold by
Dipaola Thomas S and Dipaola Mary T
Bought by
1736 Ocean Llc
Seller's Agent
Joseph Sabato
Keller Williams of the Treasure Coast
List Price
$6,375,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,175,000
-18.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$2,000,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 15, 2019
Closed on
Sep 5, 2019
Sold by
Dls Florida Llc
Bought by
Dipaola Thomas S and Dipaola Mary T
Seller's Agent
Chris Butler
Villa Realty Associates Inc
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$6,990,000
Sold Price
$5,700,000
Premium/Discount to List
-$1,290,000
-18.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.14%
Original Mortgage
$3,420,000
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2014
Sold by
Cote Stephane
Bought by
Dls Florida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2012
Sold by
Ponaco Limited Partnership
Bought by
Cote Stephane

Purchase Details

Closed on
Feb 18, 2011
Sold by
Simpson Mason and Simpson Cheryl R
Bought by
Ponaco Limited Partnership

Purchase Details

Closed on
Mar 23, 2001
Sold by
Simpson Mason
Bought by
Simpson Mason and Simpson Cheryl
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
Tas 1736 Ocean Llc $5,950,000 Attorney
1736 Ocean Llc $5,200,000 Attorney
Dipaola Thomas S $5,700,000 Liberty Title Co Of Amer Inc
Dls Florida Llc -- Attorney
Cote Stephane -- Attorney
Ponaco Limited Partnership $7,000,000 Attorney
Simpson Mason $1,621,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tas 1736 Ocean Llc $3,000,000
Previous Owner 1736 Ocean Llc $2,000,000
Previous Owner Dipaola Thomas S $3,420,000
Previous Owner Dls Florida Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2020 12/01/20 Sold $5,200,000 +14757.1% $619 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
07/20/2020 07/20/20 Rented $35,000 +7.7% --
06/20/2020 06/20/20 Under Contract -- -- --
03/21/2020 03/21/20 For Rent $32,500 0.0% --
09/20/2019 09/20/19 For Sale $6,375,000 +11.8% $759 / Sq Ft
09/05/2019 09/05/19 Sold $5,700,000 -18.5% $711 / Sq Ft View Prior Sale
08/06/2019 08/06/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $6,990,000 -- $872 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $151,208 $10,036,658 $4,245,750 $5,790,908
2024 $118,637 $9,334,945 $4,245,750 $5,089,195
2023 $118,637 $7,597,620 $0 $0
2022 $107,722 $6,906,927 $3,442,500 $3,464,427
2021 $77,673 $4,881,062 $1,836,000 $3,045,062
2020 $86,182 $5,341,822 $1,530,000 $3,811,822
2019 $88,609 $5,341,920 $1,530,000 $3,811,920
2018 $86,699 $5,131,433 $1,530,000 $3,601,433
2017 $86,092 $5,016,774 $0 $0
2016 $84,464 $4,990,460 $0 $0
2015 $77,785 $4,346,060 $0 $0
2014 $66,963 $4,021,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20019935

Martin County REALTORS® of the Treasure Coast

APN: 33-40-05-00003-0070-00020.0

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