$7,338,000
SOLD APR 16, 2013
5 Beds
6.5 Baths
6,759 Sq Ft
1.46 Acres

Recently Sold

$1,086 Per Sq Ft

7% Below List Price

281 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Home fronts navigable water
  • Beacon Cove Intermediate School Rated A-
  • Golf Course Community
  • Intracoastal View

About This Home

As of June 2021

Rare 1.47 AC double lot directly on the Intracoastal w/368' frontage, protective barrier island, & can accommodate 150' yacht! Main house 3BR, 4.5 BA, 5264 SF, 1495 SF waterfront guest house w/2 separate guest suites, waterfront cabana w/fountain. Extensive renovations 2010 including flooring, doors, windows, fixtures, & decorator finishes throughout. Single story, split floor plan, marble floors, volume ceilings, impact glass (except 2 bedrooms). Elegant living room has cast stone columns, wood floor, & gas fireplace. Granite kitchen w/island, custom cabinetry that allows natural light in, woven bamboo ceiling, Thermador range, SubZero refrigerator, 2 Bosch dishwashers, double wall oven w/warming drawer, & breakfast bar. Separate eating room has custo... (see supplement for full remarks

Last Agent to Sell the Property

Thomas Frankel

Admirals Cove Realty Co Inc License #455952 Listed on: 06/08/2012

Last Buyer's Agent

Robert Thomson

Waterfront Properties & Club C License #0465514

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $103,634

Year Built

  • Built in 1990

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System
  • Property is zoned R1

HOA Fees

  • $1,128 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking

Property Views

  • Intracoastal
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 6,759 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Plantation Shutters
  • Blinds
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30434107150002640

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, security
  • Private Membership Available
  • Admirals Cove Subdivision, Custom Floorplan

Amenities

  • Sauna
  • Clubhouse
  • Community Library

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Community Spa
  • Putting Green

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$103,634

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,128 per month

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Admirals Cove Blvd, 1st left on Regatta, Right on Spyglass
  • Year Built: 1990
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Custom Mirrors, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 6759.0
  • Dining Room Type: Den, Family Room, Storage Room
  • Stories: 1
  • Window Features: Blinds, Drapes, Plantation Shutters, Sliding

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Garden, Intercoastal, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Golf Cart Garage, Guest, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Motion Detectors, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1128.0
  • Community Features: Boat Facilities, Clubhouse, Golf, Golf Course Community, Property Manager On-Site, Pool, Sauna, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Golf Course, Library, Management, Private Membership, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Security

Lot Info

  • Parcel #: 30434107150002640
  • Zoning Description: R1

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 103634.0

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
$7,814,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,186,000
Avg. Annual Appreciation
-23.89%
Original Mortgage
$16,000,000
Outstanding Balance
$14,673,947
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$6,859,947

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $24,000,000 Assured Title Agency
Warranty Deed $7,338,000 Attorney
Warranty Deed $6,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,000,000 New Conventional
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
03/17/2013 03/17/13 Pending -- -- --
06/08/2012 06/08/12 For Sale $7,900,000 -- $1,169 / 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 $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

MLS Number: R3287776

BeachesMLS

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