$9,600,000
SOLD JAN 7, 2021
4 Beds
4.5 Baths
6,306 Sq Ft
0.6 Acres

Recently Sold

$1,522 Per Sq Ft

12% Below List Price

89 Days on Market

Highlights

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

About This Home

As of January 2021

Pinnacle of ICW living, prime location, more than half an acre on direct Intracoastal uniquely protected by a barrier island (no wakes), with an unobstructed view to ICW and nature preserve. Located on prestigious Commodore Island. Home built in 2014 and meticulously maintained, focuses on casual living with top quality and low maintenance materials that blend into large open spaces perfect for family gatherings and entertaining. 4 bedrooms plus office and media room/loft, 4 car garage (3 are AC'd). Beautiful ceiling details, impact windows, wood and marble flooring, Owner's private wing with paneled study facing ICW, master bedroom with breakfast bar, gorgeous views, huge closets, and a large take me away bath with his and her toilet rooms. The kitchen features 6 burner Wolf gas stove...

Last Agent to Sell the Property

Thomas Frankel

Admirals Cove Realty Co Inc License #455952 Listed on: 09/09/2020

Last Buyer's Agent

Matthias Fretz

Douglas Elliman (Jupiter) License #3283808

Douglas Elliman (Jupiter)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,487

Year Built

  • Built in 2014

Lot Details

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

HOA Fees

  • $714 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 6,306 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Plantation Shutters
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Screened Porch
  • Intracoastal Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Heated Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 30434107090001080

Community Details

Overview

  • Association fees include cable TV, ground maintenance, security, trash
  • Private Membership Available
  • Admirals Cove Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Community Library

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Putting Green

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,487

Year Built

Built in 2014

Lot Details

0

HOA Fees

$714 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Alt A1A to Admirals Cove Blvd. Though guard house, second right onto Commodore Drive, continue to #225.
  • Year Built: 2014
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Family/Dining Room, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Wood
  • Living Area: 6306.0
  • Dining Room Type: Den, Family Room, Laundry, Loft, Media Room
  • Stories: 2
  • Window Features: Drapes, Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Outdoor Grill, Patio
  • View: Intercoastal
  • Fencing: Wall
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool Equipment, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 714.0
  • Community Features: Boat Facilities, Clubhouse, Golf, Golf Course Community, Game Room, Gated, Pickleball, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Cabana, Clubhouse, Golf Course, Library, Management, Pickleball, Private Membership, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Security, Trash

Lot Info

  • Parcel #: 30434107090001080
  • Lot Size Sq Ft: 25990.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 83487.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Jan 7, 2021
Sold by
Krause Marie M and Krause Vernon L
Bought by
Shore Drive Real Estate Llc
Seller's Agent
Thomas Frankel
Admirals Cove Realty Co Inc
Buyer's Agent
Matthias Fretz
Douglas Elliman (Jupiter)
List Price
$10,900,000
Sold Price
$9,600,000
Premium/Discount to List
-$1,300,000
-11.93%
Current Estimated Value
$9,364,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$235,385
Avg. Annual Appreciation
0.15%
Original Mortgage
$5,000,000
Outstanding Balance
$4,477,833
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$5,187,483

Purchase Details

Closed on
Feb 4, 2019
Sold by
Krause Vernon L and Vernon L Krause Revocable Trus
Bought by
Krause Vernon L and Vernon L Krause Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,950,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 17, 2014
Sold by
Krause Vernon L and Krause Marie M
Bought by
Krause Vernon L and Vernon L Krause Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,880,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2011
Closed on
May 24, 2012
Sold by
Blum Nicholas
Bought by
Krause Vernon L
Seller's Agent
Lori E.
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Ellen Meyerson
Admirals Cove Realty Co Inc
List Price
$4,699,000
Sold Price
$3,700,000
Premium/Discount to List
-$999,000
-21.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Sep 4, 1998
Sold by
Lieberman Mark H and Lieberman Wilma
Bought by
Blum Jay H
Source: Public Records

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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 $9,600,000 Jupiter Title Co Llc
Interfamily Deed Transfer -- Mortgage Connect Lp
Interfamily Deed Transfer -- Attorney
Warranty Deed $3,700,000 Attorney
Warranty Deed $1,550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 New Conventional
Previous Owner $4,950,000 Adjustable Rate Mortgage/ARM
Previous Owner $4,880,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $9,600,000 -11.9% $1,522 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $10,900,000 +194.6% $1,729 / Sq Ft
05/30/2012 05/30/12 Sold $3,700,000 -21.3% $758 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
11/09/2011 11/09/11 For Sale $4,699,000 -- $962 / 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 $191,957 $11,081,992 -- --
2023 $183,873 $10,074,538 $0 $0
2022 $164,550 $9,158,671 $0 $0
2021 $98,306 $6,051,152 $4,200,000 $1,851,152
2020 $83,475 $4,449,668 $3,000,000 $1,449,668
2019 $89,789 $4,724,738 $3,300,000 $1,424,738
2018 $80,177 $4,340,820 $2,950,927 $1,389,893
2017 $86,149 $4,564,398 $2,950,927 $1,613,471
2016 $87,717 $4,487,192 $0 $0
2015 $81,657 $4,079,265 $0 $0
2014 $79,416 $3,877,057 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10653488

BeachesMLS

APN: 30-43-41-07-09-000-1080