NOT LISTED FOR SALE

Estimated Value: $7,880,000 - $11,832,778

5 Beds
9 Baths
9,295 Sq Ft
$1,060/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $14,000,000 $1,506 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $76,260/month

135 Days on Market

Highlights

  • 450 Feet of Waterfront
  • Boat Ramp
  • Beach
  • Harbordale Elementary School Rated A-
  • Property has ocean access
  • Intracoastal View

About This Home

As of March 2021

Stunning point lot estate, located in the Harbor Beach community! Situated on over 38,000 sq ft of land and offering a generous 450 feet of deep water frontage, home accommodates a mega yacht w/ additional dockage & unparalleled views. Home includes a Chef's kitchen, Butler's pantry, formal living & dining rooms, library, gym, media room & 2 laundry rooms. Enjoy City & Intracoastal views while sitting comfortably in the numerous entertainment spaces this home has to offer. Fully equipped Smart Home, everything within house can be controlled remotely from your fingertips! Impact glass throughout & whole house generator. Step out into the tropical, resort-like outdoor area complete with lush landscaping and one of the nicest pools in the City!

Last Agent to Sell the Property

Tim Elmes

Compass Florida, LLC License #486943 Listed on: 09/25/2020

Compass Florida, LLC

Last Buyer's Agent

Timothy Elmes

Coldwell Banker Residential RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $190,913

Year Built

  • Built in 2002

Lot Details

  • 0.88 Acre Lot
  • 450 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Waterfront Tip Lot
  • Cul-De-Sac
  • Southeast Facing Home
  • Fenced
  • Oversized Lot
  • Sprinkler System
  • Property is zoned RS-4.4

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Pool

Home Design

  • Tri-Level Property
  • Slate Roof

Interior Spaces

  • 9,295 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Fireplace
  • Great Room
  • Family Room
  • Sitting Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Marble Flooring
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Open Patio
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Co-Op Membership Included
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504213060170

Community Details

Overview

  • Harbor Beach Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$190,913

Year Built

Built in 2002

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Heading South on Seabreeze Blvd, make a right onto Harbor Beach Parkway. Head W through the Guardhouse, then make a left turn onto E Lake Dr. Rd will turn into W Lake Dr, make a left heading west on Mercedes Dr to the end. NW point lot.
  • Year Built: 2002
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, High Ceilings, Kitchen Island, Sitting Area in Master, Upper Level Master, Walk-In Closet(s), Central Vacuum, Elevator
  • Private Spa: Yes
  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 9295.0
  • Dining Room Type: Den, Family Room, Great Room, Media Room, Recreation, Master Bedroom, Sitting Room
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Security/High Impact Doors, Lighting, Porch, Patio
  • View: Intercoastal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: <1 Acre, Cul-De-Sac, Oversized Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground, Pool
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Intracoastal Access, No Fixed Bridges, Ocean Access, Point Lot, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southeast
  • Patio And Porch Features: Balcony, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Slate

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Paver Block, Garage Door Opener

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 695.0
  • Community Features: Beach, Boat Facilities, Club Membership Available, Gated
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Parcel #: 504213060170
  • Lot Size Sq Ft: 38352.0
  • Zoning Description: RS-4.4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 190913.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Mar 4, 2021
Sold by
Feder Steven L and Trosclair Lou Thomas
Bought by
Onell Dennis R
Seller's Agent
Tim Elmes
Compass Florida, LLC
Buyer's Agent
Timothy Elmes
Coldwell Banker Residential RE
List Price
$19,800,000
Sold Price
$14,000,000
Premium/Discount to List
-$5,800,000
-29.29%
Current Estimated Value
$9,856,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,143,611
Avg. Annual Appreciation
-7.48%

Purchase Details

Closed on
Jan 10, 2013
Sold by
2501 Investments Inc
Bought by
Feder Steven L and Trosclair Lou Thomas

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
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2000
Sold by
Bellisimo Casa
Bought by
2501 Investments Inc

Purchase Details

Closed on
Nov 19, 1998
Sold by
Richard Janet Malley
Bought by
Bellisimo Casa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,575,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1997
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Apr 6, 1994
Sold by
Richard Walter Wooster and Richard Janet Malley
Bought by
Richard Walter Wooster
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
Onell Dennis R $14,000,000 Attorney
Feder Steven L $11,500,000 Attorney
2501 Investments Inc $3,820,000 --
Bellisimo Casa $2,350,000 --
Available Not $10,000 --
Richard Walter Wooster -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feder Steven L $2,235,000
Previous Owner Feder Steven L $4,950,000
Previous Owner Bellisimo Casa $3,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $14,000,000 +33499.7% $1,506 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/14/2021 01/14/21 Rented $41,667 -37.8% --
12/15/2020 12/15/20 Under Contract -- -- --
09/25/2020 09/25/20 For Rent $67,000 0.0% --
09/25/2020 09/25/20 For Sale $19,800,000 -- $2,130 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $269,959 $14,522,990 $3,299,400 $11,223,590
2024 $302,263 $14,522,990 $3,299,400 $11,223,590
2023 $302,263 $16,030,070 $3,299,400 $12,730,670
2022 $284,128 $15,306,370 $3,299,400 $12,006,970
2021 $194,611 $10,503,020 $0 $0
2020 $190,914 $10,358,010 $0 $0
2019 $187,723 $10,125,140 $0 $0
2018 $179,898 $9,936,350 $0 $0
2017 $179,297 $9,731,980 $0 $0
2016 $181,083 $9,531,820 $0 $0
2015 $185,046 $9,465,570 $0 $0
2014 $188,551 $9,467,900 $0 $0
2013 -- $6,948,990 $2,538,000 $4,410,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10249637

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-13-06-0170