NOT LISTED FOR SALE

1860 S Ocean Blvd Lantana, FL 33462

Estimated Value: $27,944,927

4 Beds
3 Baths
4,340 Sq Ft
$6,439/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $26,775,000 $6,169 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $176,535/month

386 Days on Market

Highlights

  • Ocean Front
  • 107,539 Sq Ft lot
  • Zoned Heating and Cooling
  • Private Pool
  • Fireplace
  • Combination Dining and Living Room

About This Home

As of July 2022

Rare opportunity to purchase the largest available property in Manalapan. First time on market since 1978.APPROX. 2.5 ACRES TOTALLY 400' water frontage- 200' on ocean and 200' on IntracoastalExtremely High Elevation- Approved ocean cabana plans. Cabana may be 1000 SF plus 250 SF of decking.Existing dome home is inspired by the distinguished architect Ames Bennet.

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

  • $95,474

Year Built

  • Built in 1968

Lot Details

  • 2.47 Acre Lot
  • Ocean Front
  • Property fronts an intracoastal waterway
  • Property is zoned R-1B(c

Parking

  • Driveway

Property Views

  • Ocean
  • Intracoastal
  • Garden
  • Pool

Interior Spaces

  • 4,340 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access

Utilities

  • Zoned Heating and Cooling
  • Septic Tank
  • Cable TV Available

Community Details

  • Gedney Vs Pierson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42434510010000081

Home Details

Home Type

Single Family

Est. Annual Taxes

$95,474

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South on A1A from Ocean Ave.
  • Year Built: 1968
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Fireplace, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, None, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 4340.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • View: Garden, Intercoastal, Ocean, Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: 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
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 42434510010000081
  • Lot Size: 2 to < 3 Acres
  • Lot Size Sq Ft: 107539.0
  • Zoning Description: R-1B(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 95474.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 8, 2022
Sold by
Stephen D Cohen Irrevocable Trust
Bought by
1860 South Ocean Boulevard Trust
Seller's Agent
Michelle Newman
The Corcoran Group
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates
List Price
$29,900,000
Sold Price
$26,775,000
Premium/Discount to List
-$3,125,000
-10.45%
Current Estimated Value
$27,944,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,169,927
Avg. Annual Appreciation
1.59%

Purchase Details

Closed on
Jun 1, 2021
Sold by
Cohen Stephen and Cohen Jeanette
Bought by
Cohen Jeanette and Stephen D Cohen Irrevocable Tr

Purchase Details

Closed on
May 17, 2021
Sold by
Cohen Stephen and Cohen Jeanette
Bought by
Cohen Stephen and Cohen Jeanette
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
1860 South Ocean Boulevard Trust $26,775,000 Nason Yeager Gerson Harris & F
Cohen Jeanette -- Accommodation
Cohen Stephen -- Accommodation
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $26,775,000 -10.5% $6,169 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/17/2021 05/17/21 For Sale $29,900,000 -- $6,889 / 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 $305,385 $19,147,603 -- --
2023 $268,094 $17,406,912 $17,402,400 $4,512
2022 $122,239 $7,763,731 $0 $0
2021 $123,880 $7,537,603 $7,508,800 $28,803
2020 $95,474 $5,717,865 $5,700,000 $17,865
2019 $101,585 $6,017,781 $6,000,000 $17,781
2018 $98,820 $6,092,969 $6,076,694 $16,275
2017 $94,163 $5,974,434 $5,957,543 $16,891
2016 $89,984 $5,135,675 $0 $0
2015 $85,991 $4,668,795 $0 $0
2014 $75,600 $4,244,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10716726

BeachesMLS

APN: 42-43-45-10-01-000-0081