NOT LISTED FOR SALE

Estimated Value: $8,712,000 - $13,977,370

5 Beds
7.5 Baths
11,974 Sq Ft
$947/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $9,500,000 $793 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $76,625/month

156 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Home fronts navigable water
  • Beacon Cove Intermediate School Rated A-
  • Golf Course Community
  • Intracoastal View

About This Home

As of January 2021

This stunning 5 BR, 7.1 BA Admirals Cove estate sits on over 220' of panoramic water frontage. The ultra-desirable Intracoastal point lot is situated on water on two sides of the property with a protected dock for a large yacht. The property boasts state-of-the-art amenities including a gourmet chef's kitchen, club room overlooking the water way, elevator, private guest suites, 3.5 car garage, impact windows and doors and generator. The unrivaled craftsmanship and exquisite details are prominent among the custom ceilings, stone floors, and sweeping majestic stairway. The Master Suite has his and hers closets and baths, wide water views and private balcony. The luxurious outdoor areas perfectly epitomize the ultimate Florida lifestyle with the privacy of your own tranquil oasis.

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 07/01/2020

Last Buyer's Agent

Linda Bright

Illustrated Properties LLC (Co License #3108203

Illustrated Properties LLC (Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $140,177

Year Built

  • Built in 2000

Lot Details

  • 0.57 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned R1(cit

HOA Fees

  • $736 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 11,974 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Rip-Rap
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30434107090001010

Community Details

Overview

  • Association fees include common areas, cable TV, reserve fund, security
  • Private Membership Available
  • Admirals Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Putting Green

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$140,177

Year Built

Built in 2000

Lot Details

0

HOA Fees

$736 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Admirals Cove is located on Alt A1A between Frederick Small Road and Toney Penna.
  • Year Built: 2000
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, High Ceilings, Kitchen/Dining Combo, Pantry, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 11974.0
  • Dining Room Type: Den, Family Room, Laundry, Media Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Deck, Outdoor Grill, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Riprap
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 736.0
  • Community Features: Boat Facilities, Clubhouse, Golf, Golf Course Community, Gated, Pickleball, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Management, Pickleball, Private Membership, Pool, Putting Green(s), Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Reserve Fund, Security

Lot Info

  • Parcel #: 30434107090001010
  • Lot Size Sq Ft: 24894.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 140177.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Dec 28, 2020
Sold by
Yagemann Michael L and Yagemann Marian S
Bought by
Oliveira Steven M
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Linda Bright
Illustrated Properties LLC (Co
List Price
$11,000,000
Sold Price
$9,500,000
Premium/Discount to List
-$1,500,000
-13.64%
Current Estimated Value
$11,344,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,844,685
Avg. Annual Appreciation
4.05%
Original Mortgage
$5,967,500
Outstanding Balance
$4,514,003
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$6,830,682

Purchase Details

Listed on
Oct 23, 2012
Closed on
Dec 12, 2012
Sold by
Anderson Michael C and Anderson Barbara C
Bought by
Yagemann Michael L and Yagemann Marian S
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$8,250,000
Sold Price
$7,671,695
Premium/Discount to List
-$578,305
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$3,000,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1996
Sold by
Solomon Mark and Solomon Carole
Bought by
Anderson Michael C and Anderson Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.36%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Oliveira Steven M $8,525,000 Assured Title Agency
Yagemann Michael L $7,671,694 Assured Title Agency
Anderson Michael C $1,600,000 --
Anderson Michael C $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveira Steven M $5,967,500
Previous Owner Yagemann Michael L $2,688,500
Previous Owner Yagemann Michael L $3,000,000
Previous Owner Anderson Michael C $1,445,000
Previous Owner Anderson Michael C $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $9,500,000 -13.6% $793 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $11,000,000 +43.4% $919 / Sq Ft
12/13/2012 12/13/12 Sold $7,671,695 -7.0% $638 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $8,250,000 -- $686 / 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 $152,275 $8,979,267 -- --
2023 $150,034 $8,679,976 $0 $0
2022 $150,688 $8,427,161 $0 $0
2021 $150,165 $8,181,710 $0 $0
2020 $141,554 $7,592,662 $0 $0
2019 $140,177 $7,421,957 $0 $0
2018 $133,655 $7,283,569 $0 $0
2017 $133,774 $7,133,760 $0 $0
2016 $134,489 $6,987,032 $0 $0
2015 $137,961 $6,938,463 $0 $0
2014 $140,029 $6,883,396 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10635060

BeachesMLS

APN: 30-43-41-07-09-000-1010