NOT LISTED FOR SALE

Estimated Value: $5,580,000 - $27,547,953

6 Beds
10 Baths
17,885 Sq Ft
$926/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2021

Last sale price $24,000,000 $1,342 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $121,113 / mo

87 Days on Market

Highlights

  • Intracoastal View
  • Private Pool
  • Waterfront
  • Beacon Cove Intermediate School Rated A-
  • Gated Community
  • 1.47 Acre Lot

About This Home

As of June 2021

TROPHY PROPERTY The largest Intracoastal property in Admirals Cove. If you like toys this is your home. This majestic property boasts over 365' of prime protected waterfrontage for a Mega Yacht, has a garage for over 25 cars plus a motor coach and is situated on almost 1.5 acres. This house was built to stand the test of time. Enjoy countless hours outdoors under oversized loggias with TV, swim up bar with sunken kitchen, pedestrian bridge with waterfalls, 2 hot tubs, fire bowls all overlooking the Intracoastal. The master suite is fit for a King and Queen with separate baths, closets and morning bar. Her bath has oversized jacuzzi tub, dual vanities, shower, custom cabinetry, and detailed ceiling. His bath has steam shower with heated shower lounger and custom cabinetry. Luxurious master bedroom electric shades and window treatments, TV that is hidden in the ceiling and large sitting room all over looks the backyard oasis and Intracoastal. 5 guest suites with private custom baths. If you like cars this is the place for you... this property has room for over 20 cars plus motor home space in the garage with black and white checker board granite floors, 3 double car lifts, air hoses thought-out, mechanics lift, laundry room and bath. The theater is also a safe room, was designed and built for this house by Tony Grimaldi who worked with George Lucas films and is one of the best systems Crestron has ever made. You will be amazed at every turn of the magnificent property from the moment you enter. Truly a one of a kind masterpiece.

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 01/14/2021

Waterfront Properties & Club C

Last Buyer's Agent

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 01/14/2021

Waterfront Properties & Club C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $312,884

Year Built

  • Built in 2016

Lot Details

  • 1.47 Acre Lot
  • Waterfront
  • West Facing Home
  • Property is zoned R1(cit

HOA Fees

  • $736 Monthly HOA Fees

Parking

  • 25 Car Attached Garage

Property Views

  • Intracoastal
  • Pool

Interior Spaces

  • 17,885 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Schools

  • Beacon Cove Intermediate
  • Jupiter Middle School
  • Jupiter High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 30434107150002640

Community Details

Overview

  • Admirals Cove Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$312,884

Year Built

Built in 2016

Lot Details

1.47 Acres

HOA Fees

$736 per month

Parking

25

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Alt A1A to Admirals Cove Blvd. North on Regatta Dr, East on Spylgass Lane
  • Year Built: 2016
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Main Level Bedrooms: 2
  • Private Spa: Yes
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 17885.0
  • Stories: 2

Exterior Features

  • View: Intercoastal, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Direction Faces: West

Garage/Parking

  • Covered Parking Spaces: 25.0
  • Attached Garage: Yes
  • Garage Spaces: 25.0
  • Garage Yn: Yes

Utilities

  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 736.01
  • Community Features: Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • MembershipFee: 195000.0

Schools

  • Elementary School: Beacon Cove Intermediate
  • High School: Jupiter
  • Middle Or Junior School: Jupiter

Lot Info

  • Parcel #: 30434107150002640
  • Lot Size Acres: 1.47
  • Lot Size: 211.0 ft x 0.0 ft
  • Lot Size Sq Ft: 64033.2
  • Mobile Dim Units: Feet
  • Zoning: R1(cit

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 312884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jun 21, 2021
Sold by
Gray Johnny and Gray Terry
Bought by
Mcmahon George and Mcmahon Sarah Ann
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$32,500,000
Sold Price
$24,000,000
Premium/Discount to List
-$8,500,000
-26.15%
Current Estimated Value
$16,563,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,436,023
Avg. Annual Appreciation
-7.30%
Original Mortgage
$16,000,000
Outstanding Balance
$14,359,191
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,204,786

Purchase Details

Listed on
Jun 8, 2012
Closed on
Apr 16, 2013
Sold by
Notter John L and Notter Doris M
Bought by
Gray Johnny
Seller's Agent
Thomas Frankel
Admirals Cove Realty Co Inc
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$7,900,000
Sold Price
$7,338,000
Premium/Discount to List
-$562,000
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%

Purchase Details

Closed on
Dec 22, 2009
Sold by
Degeorge Florence A
Bought by
Notter John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.01%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mcmahon George $24,000,000 Assured Title Agency
Gray Johnny $7,338,000 Attorney
Notter John L $6,150,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mcmahon George $16,000,000
Previous Owner Notter John L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $24,000,000 -26.2% $1,342 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $32,500,000 +342.9% $1,817 / Sq Ft
04/16/2013 04/16/13 Sold $7,338,000 -7.1% $1,086 / Sq Ft View Prior Sale
03/17/2013 03/17/13 Pending -- -- --
06/08/2012 06/08/12 For Sale $7,900,000 -- $1,169 / 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 $384,478 $23,283,095 -- --
2024 $384,478 $22,626,914 -- --
2023 $380,508 $21,967,878 $0 $0
2022 $382,213 $21,328,037 $0 $0
2021 $357,479 $21,106,075 $7,140,000 $13,966,075
2020 $312,884 $16,703,853 $5,100,000 $11,603,853
2019 $317,432 $16,726,870 $5,610,000 $11,116,870
2018 $297,543 $16,134,921 $5,132,217 $11,002,704
2017 $348,325 $18,535,468 $5,132,217 $13,403,251
2016 $92,672 $4,591,206 $0 $0
2015 $84,221 $4,173,824 $0 $0
2014 $77,552 $3,794,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10684338

BeachesMLS (Greater Fort Lauderdale)

APN: 30-43-41-07-15-000-2640

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