NOT LISTED FOR SALE

Estimated Value: $7,397,000

5 Beds
5.5 Baths
5,812 Sq Ft
$1,273/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $4,950,000 $852 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $48,591/month

111 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Beacon Cove Intermediate School Rated A-
  • Golf Course Community
  • Fitness Center

About This Home

As of January 2020

One of the best lots in Admirals Cove, sitting on .58 acres, with 115 feet of width directly on the Intracoastal Waterway, and views across the water to a nature preserve. The dock behind the home can hold up to an 85 Ft. yacht, and a barrier Island protects your vessel from wakes and other boat traffic. This property was one of the first selected in the community, as it sits immediately next door to the developer's own property chosen at inception. Admirals Cove is one of the finest all-around club communities in the nation with 45 holes of championship golf; full service marina with 63 deep water ocean access slips, 12 tennis courts, 5 dining venues, and a newly renovated clubhouse that features a 32 room Inn, spa, salon, and state-of-the-art fitness center.

Last Agent to Sell the Property

Vince Marotta

Illustrated Properties LLC (Co License #3229993 Listed on: 09/12/2019

Illustrated Properties LLC (Co

Last Buyer's Agent

Thomas Frankel

Admirals Cove Realty Co Inc License #455952

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,068

Year Built

  • Built in 1988

Lot Details

  • 0.58 Acre Lot
  • Property fronts an intracoastal waterway
  • Sprinkler System

HOA Fees

  • $694 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • Pool

Interior Spaces

  • 5,812 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Open Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 30434107090001090

Community Details

Overview

  • Association fees include management, common areas, security
  • Private Membership Available
  • Admirals Cove Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Business Center

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Putting Green
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,068

Year Built

Built in 1988

Lot Details

0

HOA Fees

$694 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Alt A-1-A, North of Donald Ross Rd., to Admirals Cove gate entrance on east side of road.
  • Year Built: 1988
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, High Ceilings, Kitchen Island, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble
  • Living Area: 5812.0
  • Dining Room Type: Den, Family Room, Laundry, Media Room
  • Stories: 2

Exterior Features

  • Exterior Features: Porch, Patio
  • View: Intercoastal, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Security Guard
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 694.0
  • Community Features: Boat Facilities, Clubhouse, Fitness Center, Golf, Golf Course Community, Game Room, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Business Center, Clubhouse, Golf Course, Private Membership, Pool, Putting Green(s), Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Security

Lot Info

  • Parcel #: 30434107090001090
  • Lot Size Sq Ft: 25172.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 31068.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jan 31, 2020
Sold by
Cohen Fred C and Cohen Myrna
Bought by
Krause Vernon L and Krause Marie M
Seller's Agent
Vince Marotta
Illustrated Properties LLC (Co
Buyer's Agent
Thomas Frankel
Admirals Cove Realty Co Inc
List Price
$5,995,000
Sold Price
$4,950,000
Premium/Discount to List
-$1,045,000
-17.43%
Current Estimated Value
$7,397,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,447,000
Avg. Annual Appreciation
13.56%
Source: Public Records

Range of Values:

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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
Krause Vernon L $4,910,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause Vernon L $11,200,000
Previous Owner Cohen Fred C $2,950,000
Previous Owner Cohen Fred C $1,200,000
Previous Owner Cohen Fred C $500,000
Previous Owner Cohen Fred C $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $4,950,000 -17.4% $852 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $5,995,000 -- $1,031 / 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 $281,616 $16,581,238 -- --
2023 $285,070 $16,465,406 $8,600,000 $7,865,406
2022 $95,169 $4,620,000 $0 $0
2021 $77,379 $4,200,000 $4,200,000 $0
2020 $32,927 $1,790,213 $0 $0
2019 $32,597 $1,749,964 $0 $0
2018 $31,068 $1,717,335 $0 $0
2017 $31,082 $1,682,013 $0 $0
2016 $31,236 $1,647,417 $0 $0
2015 $32,039 $1,635,965 $0 $0
2014 $32,514 $1,622,981 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10560838

BeachesMLS

APN: 30-43-41-07-09-000-1090