$18,000,000
SOLD NOV 30, 2021

1840 S Ocean Blvd Lantana, FL 33462

6 Beds
7.5 Baths
12,453 Sq Ft
1.86 Acres

Recently Sold

$1,445 Per Sq Ft

8% Below List Price

166 Days on Market

Highlights

  • Ocean Front
  • 81,022 Sq Ft lot
  • Marble Flooring
  • Gunite Pool
  • Recreation Room
  • Mediterranean Architecture

About This Home

As of November 2024

Escape to your private compound and enjoy the best of both worlds. Extraordinary opportunity to renovate or create your own private estate on approximately 2 acre waterfront parcel with water frontage totaling 300'. (150' on expansive Intracoastal waterway and 150' of oceanfront) Property boasts of a wide private beach, the ability to renovate or build a new 1000 SF cabana plus 250 SF of decking, and existing large dock. A 11,953 living SF residence with multiple terraces and large pool currently exists on the property.

Last Agent to Sell the Property

Michelle Newman

The Corcoran Group License #3260908 Listed on: 05/17/2021

The Corcoran Group

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $137,436

Year Built

  • Built in 1990

Lot Details

  • 1.86 Acre Lot
  • Ocean Front
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System
  • Property is zoned R-1B(c

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Intracoastal
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 12,453 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

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

Community Details

  • Gedney Vs Pierson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42434510010000083

Home Details

Home Type

Single Family

Est. Annual Taxes

$137,436

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Head south on A1A from Ocean Ave.
  • Year Built: 1990
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Living Area: 12453.0
  • Dining Room Type: Den, Family Room, Laundry, Recreation, Storage Room
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Intercoastal, Ocean, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, 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: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 42434510010000083
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 81022.0
  • Zoning Description: R-1B(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 137436.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Nov 26, 2024
Sold by
1840 South Ocean Llc
Bought by
1840 South Ocean Boulevard Trust and Lako
Seller's Agent
Gary Pohrer
Serhant
Buyer's Agent
Vince Spadea Jr.
Douglas Elliman
List Price
$25,950,000
Sold Price
$23,500,000
Premium/Discount to List
-$2,450,000
-9.44%
Views
449
Current Estimated Value
$13,484,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,015,679
Avg. Annual Appreciation
-57.82%

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 26, 2021
Sold by
Steinberg Robert and Steinberg Suzanne
Bought by
1840 South Ocean Llc
Seller's Agent
SHELLY NEWMAN
The Corcoran Group
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$18,000,000
Sold Price
$18,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$9,000,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 3, 2021
Sold by
Steinberg Robert and Steinberg Suzanne
Bought by
Steinberg Robert
Seller's Agent
SHELLY NEWMAN
The Corcoran Group
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$18,000,000
Sold Price
$18,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2009
Sold by
Kelley Douglas A and Petters Thomas J
Bought by
Steinberg Robert

Purchase Details

Closed on
Dec 17, 2004
Sold by
Devos Richard M and Devos Helen J
Bought by
Petters Thomas J
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 $23,500,000 None Listed On Document
Warranty Deed $18,000,000 Attorney
Interfamily Deed Transfer -- Attorney
Receivers Deed $8,975,000 None Available
Warranty Deed $8,750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,101,000 New Conventional
Previous Owner $9,000,000 New Conventional
Previous Owner $3,000,000 Credit Line Revolving
Previous Owner $1,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $23,500,000 -9.4% $1,899 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $25,950,000 +44.2% $2,096 / Sq Ft
11/30/2021 11/30/21 Sold $18,000,000 0.0% $1,506 / Sq Ft
11/30/2021 11/30/21 Sold $18,000,000 0.0% $1,445 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/31/2021 10/31/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $18,000,000 -7.7% $1,506 / Sq Ft
05/17/2021 05/17/21 For Sale $19,500,000 -- $1,566 / 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 $339,539 $20,146,500 -- --
2023 $293,461 $18,315,000 $0 $0
2022 $324,562 $20,516,170 $0 $0
2021 $137,961 $8,380,310 $0 $0
2020 $137,436 $8,264,606 $0 $0
2019 $135,828 $8,078,794 $0 $0
2018 $128,062 $7,928,159 $0 $0
2017 $125,869 $7,765,092 $0 $0
2016 $126,877 $7,605,379 $0 $0
2015 $132,329 $7,552,511 $0 $0
2014 $132,799 $7,492,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gary Pohrer

    Serhant

  • N

    Seller Co-Listing Agent in 2024

    NICHOLAS MALINOSKY

    Douglas Elliman

  • V

    Buyer's Agent in 2024

    Vince Spadea Jr.

    Douglas Elliman

  • S

    Seller's Agent in 2021

    SHELLY NEWMAN

    The Corcoran Group

  • M

    Seller's Agent in 2021

    Michelle Newman

    The Corcoran Group

  • L

    Buyer's Agent in 2021

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

See All Agents

Map

Source: BeachesMLS

MLS Number: R10716646

BeachesMLS

APN: 42-43-45-10-01-000-0083

Florida Palm Beach County Lantana 33462

1840 S Ocean Blvd, Lantana, FL

This home is located at 1840 S Ocean Blvd, Lantana, FL 33462 and is currently priced at $18,000,000, approximately $1,445 per square foot. This property was built in 1990. 1840 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Boynton Beach Community High School, and Lantana Middle 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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