Seller's Agent in 2023
Rick Gradin
Okkla Realty
(954) 621-7779
1 in this area
10 Total Sales
2511 NE 48th St Lighthouse Point, FL 33064
Estimated Value: $3,407,000 - $3,998,000
5
Beds
6
Baths
4,814
Sq Ft
$782/Sq Ft
Est. Value
Highlights
- Property has ocean access
- In Ground Pool
- Canal View
- Private Dock
- Waterfront
- Deck
About This Home
As of October 2023The seller is delighted to announce a PRICE IMPROVEMENT on this amazing waterfront house. Bring your boat and enjoy being a South Florida waterfront homeowner! 80ft w/ ocean access, NO FIXED BRIDGES. Absolutely spectacular 5-bed/6-bath home in Lighthouse Point. Watch the sunset from your backyard while enjoying the heated pool and spa with canal views. This home has stunning water views from almost every room. It has open spaces, large impact windows, porcelain floors, high ceilings, and a grand staircase. An elevator will take you from the spacious first story to the 4 bedrooms upstairs. 2021. 3 car garage. Minutes from the ocean, airport, Ft. Lauderdale! 2 minutes from the ICW, 20 minutes to Boca Inlet, and 12 minutes to LHP Inlet.
Last Buyer's Agent
Sandra Rathe
Inactive Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $47,320
Year Built
- Built in 2021
Lot Details
- 8,800 Sq Ft Lot
- 80 Ft Wide Lot
- Waterfront
- South Facing Home
Parking
- 3 Car Attached Garage
- Automatic Garage Door Opener
- Driveway
- Open Parking
Home Design
- Aluminum Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,814 Sq Ft Home
- 2-Story Property
- Custom Mirrors
- Partially Furnished
- Blinds
- Combination Dining and Living Room
- Canal Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Microwave
- Dishwasher
- Cooking Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 6 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- High Impact Windows
- Fire and Smoke Detector
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- In Ground Pool
- Property has ocean access
- No Fixed Bridges
- Private Dock
- Deck
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Coral Key Villas 5Th Sec Subdivision
Listing and Financial Details
- Assessor Parcel Number 484318080080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2025
Sold by
Rathe Richard and Rathe Sandra
Bought by
Richard And Sandra Rathe Living Trust and Rathe
Current Estimated Value
Purchase Details
Listed on
Jan 21, 2023
Closed on
Oct 13, 2023
Sold by
Da Silva Daiana Alves and Wagner Pontes
Bought by
Rathe Richard and Rathe Sandra
Seller's Agent
Rick Gradin
Okkla Realty
Buyer's Agent
Sandra Rathe
Inactive Member
List Price
$4,490,000
Sold Price
$3,680,000
Premium/Discount to List
-$810,000
-18.04%
Views
272
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Purchase Details
Listed on
Sep 25, 2020
Closed on
Oct 8, 2021
Sold by
Lighthouse Point Development Llc
Bought by
Silva Daiana Alves Da and Lima Wagner Pontes
Seller's Agent
Talita Pinheiro
Compass Florida, LLC
Buyer's Agent
Tatiane Kail
Compass Florida, LLC
List Price
$2,999,000
Sold Price
$2,825,000
Premium/Discount to List
-$174,000
-5.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$2,118,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2018
Sold by
Bee Snb Llc
Bought by
Lighthouse Point Development Llc
Purchase Details
Listed on
Aug 29, 2016
Closed on
Nov 23, 2016
Sold by
Lewin Jack
Bought by
Bee Snb Llc
Seller's Agent
Charles Lynn
One Sotheby's International Realty
List Price
$699,999
Sold Price
$640,000
Premium/Discount to List
-$59,999
-8.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.39%
Purchase Details
Closed on
Feb 21, 2000
Sold by
Warsager Jack S and Warsager Barbara
Bought by
Safran Harold
Purchase Details
Closed on
Nov 23, 1999
Sold by
Available Not
Bought by
Available Not
Purchase Details
Closed on
Apr 14, 1999
Sold by
Available Not
Bought by
Available Not
Purchase Details
Closed on
Apr 1, 1992
Sold by
Available Not
Bought by
Available Not
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richard And Sandra Rathe Living Trust | -- | None Listed On Document | |
| Richard And Sandra Rathe Living Trust | -- | None Listed On Document | |
| Rathe Richard | $3,680,000 | Universal Title | |
| Silva Daiana Alves Da | $2,825,000 | Title Pros Insurance Agency | |
| Lighthouse Point Development Llc | $855,000 | Florida Title & Trust Llc | |
| Bee Snb Llc | -- | None Available | |
| Bee Snb Llc | $640,000 | None Available | |
| Safran Harold | $410,000 | -- | |
| Available Not | $10,000 | -- | |
| Available Not | $10,000 | -- | |
| Available Not | $176,571 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Silva Daiana Alves Da | $2,118,750 | |
| Previous Owner | Lighthouse Point Development Llc | $1,553,500 | |
| Previous Owner | Lighthouse Point Developm Ent Llc | $2,400,000 | |
| Previous Owner | Bee Snb Llc | $300,000 | |
| Previous Owner | Safran Harold L | $25,000 | |
| Previous Owner | Safran Harold | $390,000 | |
| Previous Owner | Safran Harold | $353,000 | |
| Previous Owner | Safran Harold | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $3,680,000 | -7.8% | $764 / Sq Ft |
| 09/13/2023 09/13/23 | Price Changed | $3,990,000 | -5.0% | $829 / Sq Ft |
| 05/19/2023 05/19/23 | Price Changed | $4,198,000 | -6.5% | $872 / Sq Ft |
| 01/21/2023 01/21/23 | For Sale | $4,490,000 | +58.9% | $933 / Sq Ft |
| 10/12/2021 10/12/21 | Sold | $2,825,000 | -5.8% | $603 / Sq Ft |
| 03/04/2021 03/04/21 | Price Changed | $2,999,000 | 0.0% | $640 / Sq Ft |
| 02/24/2021 02/24/21 | Pending | -- | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $2,999,000 | +368.6% | $640 / Sq Ft |
| 11/23/2016 11/23/16 | Sold | $640,000 | -8.6% | $356 / Sq Ft |
| 10/24/2016 10/24/16 | Pending | -- | -- | -- |
| 08/29/2016 08/29/16 | For Sale | $699,999 | -- | $390 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $45,113 | $2,463,670 | -- | -- |
| 2024 | $45,912 | $2,394,240 | $440,000 | $1,963,530 |
| 2023 | $45,912 | $2,403,530 | $440,000 | $1,963,530 |
| 2022 | $47,320 | $2,542,500 | $440,000 | $2,102,500 |
| 2021 | $12,198 | $624,360 | $0 | $0 |
| 2020 | $10,626 | $567,600 | $567,600 | $0 |
| 2019 | $14,366 | $765,600 | $765,600 | $0 |
| 2018 | $7,901 | $440,000 | $440,000 | $0 |
| 2017 | $11,496 | $601,600 | $0 | $0 |
| 2016 | $8,755 | $481,030 | $0 | $0 |
| 2015 | -- | $477,690 | $0 | $0 |
| 2014 | -- | $473,900 | $0 | $0 |
| 2013 | $86 | $590,630 | $352,000 | $238,630 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Gradin
-
Juliana Moraes
Seller Co-Listing Agent in 2023
Juliana Moraes
Elite International Realty Inc
(954) 394-8943
1 in this area
9 Total Sales
-
S
Buyer's Agent in 2023
Sandra Rathe
Inactive Member
-
Sandra Rathe
Buyer's Agent in 2023
Sandra Rathe
Keller Williams Legacy
(954) 547-4601
1 in this area
672 Total Sales
-
Talita Pinheiro
Seller's Agent in 2021
Talita Pinheiro
Compass Florida, LLC
(305) 906-1526
1 in this area
87 Total Sales
-
Tatiane Kail
Buyer's Agent in 2021
Tatiane Kail
Compass Florida, LLC
(305) 431-9529
1 in this area
7 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11330826
APN: 48-43-18-08-0080
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