NOT LISTED FOR SALE

185 Lake Dr Palm Beach Shores, FL 33404

Estimated Value: $1,566,000 - $2,236,047

3 Beds
3.5 Baths
2,500 Sq Ft
$738/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $1,724,500 $690 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,156/month

137 Days on Market

Highlights

  • Boat Ramp
  • Saltwater Pool
  • High Ceiling
  • William T. Dwyer High School Rated A-
  • Attic
  • Den

About This Home

As of August 2023

SEE YOU AT THE OPEN HOUSE!NEW Designer Decorated Beach House w/ Gorgeous Finishes in Palm Beach Shores! Walk to Restaurants, Shopping & Private Community Beach w/ Cabana Service! Some Features Include Resort Style Salt Water Pool w/ Fountain, Sun Shelf & Travertine Deck, Lutron Smart Home System, Gourmet Kitchen,Gas Stove & Wine Cooler, 14Ft Ceilings, Tesla Charging Station, Sonos Speakers, 8ft Solids Doors, Private Fenced Yard w/ Turf Grass, Tile Floors Throughout, Custom Closets w/Built-Ins, Laundry w/ Sink & Walk-In Pantry. Located in The Heart of ALL Singer Island has to Offer- Parasailing, Jet Ski Rentals, Ferry to Peanut Island, Sailfish Marina, Snorkel Blue Heron Bridge & So Much More ....

Last Agent to Sell the Property

Mindy Heilman

Compass Florida LLC License #3012701 Listed on: 03/20/2023

Compass Florida LLC

Co-Listed By

Barbara Heilman

Compass Florida LLC License #419228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,151

Year Built

  • Built in 2020

Lot Details

  • 8,877 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned DISTRI

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Ceramic Tile Flooring
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Saltwater Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 54434227040003580

Community Details

Overview

  • Palm Beach Shores Subdivision, Custom Floorplan

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,151

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Blue Heron to Lake Drive Left on Sandal lane, first house on left.
  • Year Built: 2020
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, High Ceilings, Split Bedrooms, Separate Shower, Walk-In Closet(s), Attic, Central Vacuum
  • Private Spa: No
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 2500.0
  • Dining Room Type: Attic, Den, Family Room
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Builder Name: Other
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 54434227040003580
  • Lot Size: 89.0 ft x 0.0 ft
  • Lot Size Sq Ft: 8877.0
  • Zoning Description: DISTRI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 22151.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Aug 25, 2023
Sold by
Farinas Jennifer and Farinas Vicente
Bought by
Rita Frances Marandino Revocable Trust and Marandino
Seller's Agent
Mindy Heilman
Compass Florida LLC
List Price
$2,200,000
Sold Price
$1,724,500
Premium/Discount to List
-$475,500
-21.61%
Views
131
Current Estimated Value
$1,844,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,762
Avg. Annual Appreciation
3.14%

Purchase Details

Listed on
Jun 22, 2020
Closed on
Apr 12, 2021
Sold by
Benco Home Investments Llc
Bought by
Farinas Jennifer
Seller's Agent
Erika Bender
Benco Properties, LLC
Buyer's Agent
Myles Minns
Continental Properties, Inc.
List Price
$1,649,000
Sold Price
$1,100,000
Premium/Discount to List
-$549,000
-33.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.79%

Purchase Details

Closed on
May 11, 2018
Sold by
Sorota Alan M and Sorota Richard L
Bought by
Benco Home Investments Llc

Purchase Details

Closed on
Apr 11, 1995
Sold by
Community Sav F A
Bought by
Sorota Joseph

Purchase Details

Closed on
Mar 27, 1995
Sold by
Clerk Circuit Court
Bought by
Com Sav F A

Purchase Details

Closed on
Feb 13, 1995
Sold by
Clerk Circuit Court
Bought by
Com Sav F A
Source: Public Records

Range of Values:

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Average Value
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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
Rita Frances Marandino Revocable Trust $1,724,500 Integrity Settlement Group Llc
Rita Frances Marandino Revocable Trust $1,724,500 Integrity Settlement Group Llc
Farinas Jennifer $1,100,000 Attorney
Farinas Jennifer $1,100,000 None Listed On Document
Benco Home Investments Llc $340,000 Attorney
Sorota Joseph $113,800 --
Com Sav F A $113,800 --
Com Sav F A -- --
Com Sav F A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $1,724,500 0.0% $690 / Sq Ft
08/28/2023 08/28/23 Rented $8,500 0.0% --
08/14/2023 08/14/23 Pending -- -- --
08/10/2023 08/10/23 Under Contract -- -- --
07/07/2023 07/07/23 Price Changed $8,500 0.0% $3 / Sq Ft
06/27/2023 06/27/23 Price Changed $2,100,000 -4.5% $840 / Sq Ft
05/18/2023 05/18/23 For Sale $2,200,000 0.0% $880 / Sq Ft
04/23/2023 04/23/23 For Rent $10,000 0.0% --
04/06/2023 04/06/23 Off Market $2,200,000 -- --
04/06/2023 04/06/23 Off Market $10,000 -- --
03/30/2023 03/30/23 For Sale $2,200,000 0.0% $880 / Sq Ft
03/07/2023 03/07/23 For Rent $12,000 0.0% --
04/12/2021 04/12/21 Sold $1,100,000 -33.3% $439 / Sq Ft View Prior Sale
03/13/2021 03/13/21 Pending -- -- --
06/22/2020 06/22/20 For Sale $1,649,000 -- $657 / 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 $29,805 $1,510,979 -- --
2023 $22,371 $1,165,561 $0 $0
2022 $22,151 $1,131,613 $0 $0
2021 $19,100 $914,551 $299,250 $615,301
2020 $5,767 $276,450 $276,450 $0
2019 $5,965 $276,450 $276,450 $0
2018 $8,194 $398,892 $277,301 $121,591
2017 $3,416 $200,778 $0 $0
2016 $3,408 $196,648 $0 $0
2015 $3,479 $195,281 $0 $0
2014 -- $192,954 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mindy Heilman

    Seller's Agent in 2023

    Mindy Heilman

    Compass Florida LLC

    (561) 722-9779

    4 in this area

    127 Total Sales

    Mindy Heilman
    Section Image

  • B

    Seller Co-Listing Agent in 2023

    Barbara Heilman

    Compass Florida LLC

    (561) 252-0204

    3 in this area

    65 Total Sales

    Barbara Heilman
    Section Image
  • Erika Bender

    Seller's Agent in 2021

    Erika Bender

    Benco Properties, LLC

    (561) 308-4811

    1 in this area

    15 Total Sales

    Erika Bender
    Section Image
  • Myles Minns

    Seller Co-Listing Agent in 2021

    Myles Minns

    Continental Properties, Inc.

    (732) 207-3141

    2 in this area

    105 Total Sales

    Myles Minns
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10875056

BeachesMLS

APN: 54-43-42-27-04-000-3580

Florida Palm Beach County Palm Beach Shores 33404

185 Lake Dr, Palm Beach Shores, FL

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.

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