NOT LISTED FOR SALE

2624 S Ocean Blvd Highland Beach, FL 33487

Estimated Value: $5,342,000 - $7,958,000

5 Beds
6.5 Baths
4,297 Sq Ft
$1,548/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $2,850,000 $663 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $40,602/month

363 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Mediterranean Architecture
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • Wet Bar

About This Home

As of April 2016

MUST SELL SITUATION DRASTIC PRICE REDUCTION!!!Incredible DIRECT INTRACOASTAL 5BR 6.5 BA with 3 car garage Estate with the Finest Finishes COMES FULLY FURNISHED. Private Deeded Beach Access. Intracoastal Views Galore Fireplace, Chef Kitchen, Elevator, Beautiful Pool/Spa Patio, Boat Lift A must see!!!!

Last Agent to Sell the Property

Frank Gentile

Compass Florida LLC License #519255 Listed on: 03/17/2015

Compass Florida LLC

Last Buyer's Agent

Robin Perotti

Compass Florida LLC License #3138700

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,456

Year Built

  • Built in 2004

Lot Details

  • 6,107 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Property is zoned RS

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,297 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • Carpet
  • Intracoastal Views
  • Washer

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24434628090000290

Community Details

Overview

  • Byrd Beach Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,456

Year Built

Built in 2004

Lot Details

0

HOA Fees

$450 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: ON A-1-A BETWEEN SPANISH RIVER AND LINTON JUST NORTH OF SPANISH RIVER ROAD
  • Year Built: 2004
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Bar
  • Furnished: Unfurnished
  • Appliances: Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet
  • Living Area: 4297.0
  • Stories: 3

Exterior Features

  • View: Intercoastal
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 450.0
  • Community Features: Boat Facilities
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 24434628090000290
  • Lot Size Sq Ft: 6107.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 46456.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2020
Sold by
Ogilbee William R and Ogilbee Roger
Bought by
Ogilbee William and The William Ogilbee Revocable
Current Estimated Value
$6,651,738

Purchase Details

Listed on
Mar 17, 2015
Closed on
Apr 14, 2016
Sold by
Family Limited Partnership Ltd
Bought by
Iva Ogilbee William R and Iva Kutlova
Seller's Agent
Frank Gentile
Compass Florida LLC
Buyer's Agent
Robin Perotti
Compass Florida LLC
List Price
$4,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$2,145,000
-42.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Mar 5, 2015
Sold by
Ocean Blvd Family Limited Partnership Lt
Bought by
U S Eb-K Investments

Purchase Details

Listed on
May 3, 2012
Closed on
Nov 14, 2012
Sold by
Johanson Karl Eric
Bought by
Ocean Blvd Family Limited Partnership
Seller's Agent
Beverly Knight
Ocean Estate Properties LLC
Buyer's Agent
Frank Gentile
Compass Florida LLC
List Price
$3,595,000
Sold Price
$2,500,000
Premium/Discount to List
-$1,095,000
-30.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Mar 11, 2011
Sold by
Johanson Karl and Johanson Karl Eric
Bought by
Johanson Karl Eric and Karl Eric Johanson Revocable Trust

Purchase Details

Closed on
Oct 8, 2009
Sold by
Ffc Investments Inc
Bought by
Johanson Karl

Purchase Details

Closed on
Nov 10, 2005
Sold by
Casty Scott
Bought by
Ffc Investments Inc

Purchase Details

Closed on
Mar 10, 2004
Sold by
A T B F Realty Corp
Bought by
Casty Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2002
Sold by
Scott A Elk Pa
Bought by
A T B F Realty Corp

Purchase Details

Closed on
Sep 21, 2000
Sold by
Kaye Arthur T
Bought by
Scott A Elk P A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ogilbee William -- None Available
Iva Ogilbee William R $2,850,000 Attorney
U S Eb-K Investments -- None Available
Ocean Blvd Family Limited Partnership $2,500,000 Attorney
Johanson Karl Eric -- Attorney
Johanson Karl $2,425,000 Attorney
Ffc Investments Inc $3,650,000 Tri County Title & Escrow In
Casty Scott $3,000,000 Tri-County Title & Escrow I
A T B F Realty Corp $900,000 --
Scott A Elk P A $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ffc Investments Inc $2,600,000
Previous Owner Casty Scott $1,560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Sold $2,850,000 -42.9% $663 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/17/2015 03/17/15 For Sale $4,995,000 +99.8% $1,162 / Sq Ft
11/14/2012 11/14/12 Sold $2,500,000 -30.5% $582 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $3,595,000 -- $837 / 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 $56,548 $3,596,187 -- --
2023 $55,375 $3,491,444 $0 $0
2022 $55,083 $3,389,751 $0 $0
2021 $55,288 $3,291,020 $0 $0
2020 $55,585 $3,245,582 $0 $0
2019 $55,818 $3,172,612 $0 $0
2018 $52,053 $3,113,456 $0 $0
2017 $50,953 $3,001,315 $0 $0
2016 $52,304 $2,931,265 $0 $0
2015 $49,399 $2,581,510 $0 $0
2014 $46,456 $2,346,827 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Gentile

    Seller's Agent in 2016

    Frank Gentile

    Compass Florida LLC

    (561) 441-6722

    34 Total Sales

    Frank Gentile
    Section Image
  • Robin Perotti

    Buyer's Agent in 2016

    Robin Perotti

    Compass Florida LLC

    (561) 860-5869

    2 in this area

    28 Total Sales

    Robin Perotti
    Section Image
  • Beverly Knight

    Seller's Agent in 2012

    Beverly Knight

    Ocean Estate Properties LLC

    (561) 504-9226

    1 in this area

    11 Total Sales

    Beverly Knight
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10120147

BeachesMLS

APN: 24-43-46-28-09-000-0290

Florida Palm Beach County Highland Beach 33483

2624 S Ocean Blvd, Highland Beach, FL

This home is located at 2624 S Ocean Blvd, Highland Beach, FL 33487 since 17 March 2015 and is currently estimated at $6,651,738, approximately $1,547 per square foot. This property was built in 2004. 2624 S Ocean Blvd is a home located in Palm Beach County with nearby schools including J. C. Mitchell Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes