$8,700,000
SOLD MAY 12, 2022
6 Beds
6 Baths
7,318 Sq Ft
0.46 Acres

Recently Sold

$1,189 Per Sq Ft

135 Days on Market

Highlights

  • Dock has access to electricity and water
  • Home Theater
  • 0.46 Acre Lot
  • Home fronts a seawall
  • Cabana
  • Contemporary Architecture

About This Home

As of May 2022

Enjoy the seclusion and tranquility of this contemporary Intracoastal estate located on a double lot with 285' of direct waterfront. This gated enclave on a private cul de sac offers unparalleled eastern views of the Intracoastal over a resort style 65' infinity pool with a cascading marble spa. A canal side dock with two lifts, 50 ton ''Tide Slides'' and protected dockage for a 100+' yacht. Newly renovated chef's kitchen, first floor master suite with his and her baths, plus three oversized walk-in closets. Other amenities include a professional quality theater, a complete fitness center, and private office space. Less than 10 minutes to the Palm Beach International airport, renowned Worth Avenue and the fine dining, shopping, and entertainment Palm Beach has to offer. Truly an exceptional, rarely available tropical oasis for the discriminating buyer.

Last Agent to Sell the Property

John Pickett

Brown Harris Stevens of Palm Beach 6598 License #BK-3218567 Listed on: 11/16/2021

Brown Harris Stevens of Palm Beach 6598

Co-Listed By

KC PICKETT

Brown Harris Stevens of Palm Beach 6598 License #SL-3191466

Last Buyer's Agent

MARGIT BRANDT

Compass Florida LLC License #SL-3430177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,060

Year Built

  • Built in 1988

Lot Details

  • 0.46 Acre Lot
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • East Facing Home
  • Back and Front Yard Fenced
  • Sprinkler System
  • Property is zoned SF7

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,318 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Dining Room
  • Home Theater
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Cabana
  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Bulkhead
  • Dock has access to electricity and water
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

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

Community Details

  • Voluntary home owners association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434415120000460

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,060

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 160
  • Subdivision Name: Tropic Isle
  • Directions: Forest Hill East to Olive, South to Duke Drive, East to Holy Cross
  • Architectural Style: Contemporary, Two Story
  • Garage Yn: Yes
  • Year Built: 1988
  • Location Tax Legal:Zoned: SF7
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 41060.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 7318.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 160
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • Style:Two Story: Yes
  • Windows:Sliding: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 20038
  • WaterSewer:City Water: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Waterfront:Canal: Yes
  • Dock:Electric at Dock: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Pool:Salt Water: Yes
  • Dock:Water at Dock: Yes
  • HOA:Voluntary: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Electric, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Marble, Tile, W/W Carpeting
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Fireplace, Sound System, Smoke Detectors, Storage, Wet Bar, Wndw Trmnts Included, Pantry
  • Living Area: 7318.0
  • Window Features: Sliding
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Salt Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Canal, Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, Poured Concrete
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Fence-Back Wall, Fence-Front Wall, Seawall/Bulkhead, Built-in Grill, Storm Shutters, Storm Shutters-Auto, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Exterior Features:Storm Shutters- Auto: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System, Other Security
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 20038.0
  • Parcel #: 38434415120000460
  • Zoning: SF7
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 41060.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
May 12, 2022
Sold by
Brodie David H and Brodie Laura J
Bought by
Chirico James M and Chirico Bridget E
Seller's Agent
John Pickett
Brown Harris Stevens of PB
Buyer's Agent
Margit Brandt
Premier Estate Properties, Inc
List Price
$8,490,000
Sold Price
$8,700,000
Premium/Discount to List
$210,000
2.47%
Current Estimated Value
$8,715,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,603
Avg. Annual Appreciation
0.06%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Rhonda Philip and Rhonda Paston
Bought by
Singh Jagdat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
7.88%
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 Type Sale Price Title Company
Warranty Deed $8,700,000 Weisman & Margolies Pa
Warranty Deed $1,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 Credit Line Revolving
Previous Owner $2,750,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $2,000,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $990,000 Unknown
Previous Owner $975,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $8,700,000 0.0% $1,189 / Sq Ft
05/12/2022 05/12/22 Sold $8,700,000 +2.5% $1,189 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/31/2022 03/31/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $8,490,000 -2.4% $1,160 / Sq Ft
11/16/2021 11/16/21 For Sale $8,700,000 -- $1,189 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $143,127 $6,440,613 -- --
2023 $150,182 $6,718,844 $4,000,600 $2,718,244
2022 $41,029 $1,829,900 $0 $0
2021 $41,060 $1,776,602 $0 $0
2020 $40,773 $1,752,073 $0 $0
2019 $40,191 $1,712,681 $0 $0
2018 $38,571 $1,680,747 $0 $0
2017 $37,623 $1,646,177 $0 $0
2016 $36,417 $1,612,318 $0 $0
2015 $37,114 $1,601,110 $0 $0
2014 $37,135 $1,588,403 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-1620

APN: 38-43-44-15-12-000-0460