$18,000,000
SOLD NOV 30, 2021

1840 S Ocean Blvd Lantana, FL 33462

5 Beds
6 Baths
11,953 Sq Ft
1.86 Acres

Recently Sold

$1,506 Per Sq Ft

29 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Dock made with concrete
  • 1.86 Acre Lot
  • Property has ocean access
  • Cabana
  • Marble Flooring

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 waterfrontage totally 300'. (150' on expansive Intracoatsal 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.
The owner of 1840 will also enjoy the privileges of membership at the La Coquille Club at the Eau Palm Beach Resort & Spa.

Last Agent to Sell the Property

SHELLY NEWMAN

The Corcoran Group License #SL 3260908 Listed on: 10/04/2021

The Corcoran Group

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $137,436

Year Built

  • Built in 1990

Lot Details

  • 1.86 Acre Lot
  • 300 Feet of Waterfront
  • Ocean Front
  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Property is zoned R1B

Parking

  • 4 Car Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,953 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Fireplace
  • Window Treatments
  • Dining Room
  • Library
  • Storage
  • Utility Room
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Dock made with concrete
  • Balcony
  • Patio
  • Lanai

Utilities

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

Community Details

  • No Home Owners Association
  • Gedney Vs Pierso Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 42434510010000083

Home Details

Home Type

Single Family

Est. Annual Taxes

$137,436

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.86
  • Lot Size: 150'
  • Subdivision Name: Gedney VS Pierso
  • Directions: South on A1A from Ocean Ave.
  • Architectural Style: Mediterranean, Three + Story
  • Year Built: 1990
  • Location Tax Legal:Zoned: R1B
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 137436.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 11953.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 150'
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • General Property Description:Lot SqFt: 81021
  • Style:Three Story: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Style:Mediterranean: Yes
  • Exposure:West: Yes
  • General Property Description:Waterfront Ftg: 300.0
  • Waterfront:Intracoastal-Direct: Yes
  • Waterfront:Ocean-Across Street: Yes
  • Dock:Concrete: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Double, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Cable, Elevator, Fireplace, Storage, Wet Bar, Wndw Trmnts Included
  • Living Area: 11953.0
  • Window Features: Other
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Wet Bar: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1 to 3 Acres
  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct, Ocean-Across Street
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Ocean Access-Deeded
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking Features: 4 Car
  • Garage:_four_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes
  • Water/Sewer/Septic: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 81021.0
  • Parcel #: 42434510010000083
  • Zoning: R1B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 137436.0
  • Tax Year: 2020

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

Similar Homes in Lantana, FL

  • 35 Spoonbill Rd, Lantana, FL 33462

    $24,445,000

    • 6 Beds
    • 8 Baths
    • 7,284 Sq Ft
    • 35 Spoonbill Rd
    • Lantana, FL

    Pairing warm, contemporary styling with organic, ultra-luxurious finishes, this unique five-bedroom custom masterpiece, executed by Ocean Blue Custom Homes, is museum-like and super-clean, a simple geometry of rectilinear design elements. In a gorgeous natural setting on a basin of the Intracoastal Waterway in Point Manalapan, with waterfrontage and a dock, its location is superb.

    Pascal Liguori Premier Estate Properties, Inc

    Section Image
  • 1422 SE Atlantic Dr, Lantana, FL 33462

    $19,995,000

    • 7 Beds
    • 8.5 Baths
    • 7,631 Sq Ft
    • 1422 SE Atlantic Dr
    • Lantana, FL

    Magnificent Waterfront Estate on Hypoluxo Island by Farrell Building Company. Introducing an extraordinary opportunity to own one of the most prestigious homes ever to grace Hypoluxo Island. This exceptional waterfront estate, currently under construction by Farrell Building Company--one of the nation's most renowned ultra luxury builders--promises to redefine luxury living in South Florida. Set

    Steven Presson The Corcoran Group

    Section Image
See All Homes in Lantana

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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: Palm Beach Board of REALTORS®

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: Palm Beach Board of REALTORS®

MLS Number: 21-826

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 $1,505 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.

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.

Nearby Homes