NOT LISTED FOR SALE

Estimated Value: $1,817,812 - $5,683,000

3 Beds
2 Baths
1,956 Sq Ft
$1,917/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $1,875,000 $959 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $21,230/month

156 Days on Market

Highlights

  • Property has ocean access
  • Room in yard for a pool
  • Cul-De-Sac
  • Property fronts an intracoastal waterway
  • No HOA
  • Porch

About This Home

As of December 2023

Welcome to 2615 Colgate Lane in coveted College Park. This extremely rare, deepwater lot boasts incredible elevation with 125' feet of prime water-frontage and is currently equipped with a 60' boat dock. A boaters paradise, this wide water basin exceeds 40 feet in depth and can accommodate most any size vessel, with easy access to the intracoastal and Atlantic Ocean. Renovate the existing 3 bedroom, 2 bath CBS home with a recently upgraded (2022) tile roof, or build new- the possibilities are endless! In addition, the current home features an open concept floor plan, updated gourmet kitchen, washer and dryer, and two car garage This is currently the only deepwater lot available in all of College Park. Call today for a private showing. Spectacularly located, this waterfront home is just minutes from Downtown Lake Worth with vibrant shopping and dining, and also in extremely close proximity minutes to West Palm Beach, Palm Beach Island, I-95 and international airports. Call for a private showing.

Last Agent to Sell the Property

Seth Benkaddour

Compass Florida LLC License #3316790 Listed on: 06/16/2023

Compass Florida LLC

Co-Listed By

Nicholas Younker

William Raveis Real Estate License #3463757

Last Buyer's Agent

Seth Benkaddour

Compass Florida LLC License #3316790 Listed on: 06/16/2023

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,257

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • North Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • College Park Add 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434415120000150

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,257

Year Built

Built in 1971

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill Blvd east then Right on S Olive Avenue, Left on Duke Drive and Left on Colgate Ln
  • Year Built: 1971
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Dual Sinks, Living/Dining Room, Split Bedrooms
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1956.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area, Room For Pool
  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Street Lights
  • Senior Community: No
  • Amenities: Sidewalks
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434415120000150
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning: SF-R(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9257.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Dec 22, 2023
Sold by
Campbell Shelly S
Bought by
2516 Colgate Llc
Seller's Agent
Seth Benkaddour
Compass Florida LLC
Buyer's Agent
Seth Benkaddour
Compass Florida LLC
List Price
$3,200,000
Sold Price
$1,875,000
Premium/Discount to List
-$1,325,000
-41.41%
Views
111
Current Estimated Value
$3,750,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,875,406
Avg. Annual Appreciation
36.65%

Purchase Details

Closed on
Apr 11, 2003
Sold by
Arvanitis George and Arvanitis Eleftheria
Bought by
Power Cats Investments

Purchase Details

Closed on
Sep 22, 1994
Sold by
Scott Alexander T
Bought by
Campbell Shelly S
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 Buyer Sale Price Title Company
2516 Colgate Llc $1,875,000 None Listed On Document
Power Cats Investments $1,200,000 Florida Title & Trust Llc
Campbell Shelly S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $1,875,000 -26.6% $959 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $2,555,999 -8.7% $1,307 / Sq Ft
10/25/2023 10/25/23 Price Changed $2,799,999 -6.7% $1,431 / Sq Ft
09/18/2023 09/18/23 Price Changed $2,999,999 -6.3% $1,534 / Sq Ft
06/16/2023 06/16/23 For Sale $3,200,000 -- $1,636 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $23,147 $836,896 -- --
2024 $23,147 $1,062,379 -- --
2023 $9,408 $441,553 $0 $0
2022 $9,257 $428,692 $0 $0
2021 $9,239 $416,206 $0 $0
2020 $9,164 $410,460 $0 $0
2019 $9,015 $401,232 $0 $0
2018 $8,642 $393,751 $0 $0
2017 $8,435 $385,652 $0 $0
2016 $8,167 $377,720 $0 $0
2015 $8,316 $375,094 $0 $0
2014 $8,318 $372,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10897667

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-15-12-000-0150

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