NOT LISTED FOR SALE

205 SE Atlantic Dr Lantana, FL 33462

Estimated Value: $1,249,179 - $1,640,000

2 Beds
2 Baths
1,360 Sq Ft
$1,073/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $550,000 $404 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $9,128/month

425 Days on Market

Highlights

  • Cabana
  • Traditional Architecture
  • Lanai
  • Waterfront
  • Wood Flooring
  • No HOA

About This Home

As of April 2018

Hypoluxo Island cottage with a sweeping street presence & open floor plan. A quick 2-blocks to ocean or shops. This well-maintained 2/2 Island home is perfect for both entertaining & relaxed fun-under-the-sun. It features an inviting cook's kitchen w/ gas range, central vacuum, electric on-demand hot water & solid CBS construction. Backyard custom-built tiki hut & grill. Bedrms have wood flooring & ensuite baths

Last Agent to Sell the Property

Patricia Towle

Sotheby's International Realty, Inc. License #SL-3241091 Listed on: 01/06/2017

Sotheby's International Realty, Inc.

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,706

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • East Facing Home
  • Irregular Lot
  • Property is zoned R1A

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Awning
  • Dining Area
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Cabana
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hypoluxo Island Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 40434503010001921

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,706

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 146.89'
  • Subdivision Name: Hypoluxo Island
  • Directions: A1A to E. Ocean Avenue. At lights by East side of bridge, turn South onto Hypoluxo Island. Veer left (East) at fork onto SE Atlantic Drive. Home is on right.
  • Architectural Style: Traditional, One Story
  • Year Built: 1969
  • Location Tax Legal:Zoned: R1A
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 7706.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 1360.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 146.89'
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Roof:Asphalt Shingle: Yes
  • WaterSewer:City Water: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Exposure:East: Yes
  • Lot Size:Irregular Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Instant Hot Water, Range-Gas, Oven-Single, Microwave, Washer, Dryer, Central Vac System
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan, Other (See Remarks)
  • Living Area: 1360.0
  • Window Features: Awning
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF, Irregular Lot
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Cabana, Built-in Grill, Storm Shutters
  • Roof: Asphalt
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking Features: 1 Car
  • Garage:_one_ Car: Yes

Utilities

  • Security: No Security
  • Heating: Central Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 40434503010001921
  • Zoning: R1A

Tax Info

  • Tax Annual Amount: 7706.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Lance Family Holdings Llc
Bought by
Donati Steven Gino
Current Estimated Value
$1,434,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$272,726
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Estimated Equity
$1,235,838

Purchase Details

Listed on
Jan 6, 2017
Closed on
Apr 6, 2018
Sold by
Romcke David R
Bought by
Lance Family Holdings Llc
Seller's Agent
Patricia Towle
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%

Purchase Details

Closed on
Oct 31, 1996
Sold by
Gallagher Dorothy
Bought by
Romcke David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
8.15%
Mortgage Type
New Conventional
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
Donati Steven Gino $1,275,000 None Listed On Document
Lance Family Holdings Llc $550,000 Attorney
Romcke David R $158,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donati Steven Gino $275,000
Previous Owner Romcke David R $310,000
Previous Owner Romcke David R $125,000
Previous Owner Romcke David R $126,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $550,000 0.0% $404 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
01/06/2017 01/06/17 For Sale $550,000 -- $404 / 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 $15,283 $675,829 -- --
2023 $14,590 $614,390 $0 $0
2022 $12,915 $558,536 $0 $0
2021 $11,580 $593,711 $507,500 $86,211
2020 $10,215 $461,600 $367,500 $94,100
2019 $10,836 $487,191 $385,000 $102,191
2018 $8,287 $374,217 $351,770 $22,447
2017 $8,081 $376,809 $351,770 $25,039
2016 $7,706 $323,514 $0 $0
2015 $6,911 $294,104 $0 $0
2014 $6,404 $267,444 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-67

APN: 40-43-45-03-01-000-1921