NOT LISTED FOR SALE

Estimated Value: $4,430,850 - $5,975,000

5 Beds
5.5 Baths
5,087 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $5,720,000 $1,124 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $36,243/month

176 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Property has ocean access
  • New Construction
  • Boat Ramp
  • Intracoastal View
  • In Ground Spa

About This Home

As of April 2024

Contemporary Lighthouse Point Masterpiece w/Private Dock & Infinity Pool/SpaWelcome to a realm of unparalleled luxury at 2631 NE 48th Court, a stunning 5-bedroom, 5.5-bathroom new construction home with a private dock and the finest craftsmanship throughout.Sleek lines and bespoke European finishes permeate every inch of this captivating two-story, 5,100-square-foot under air residence. Ornate ceiling details add a touch of grandeur, while custom wood and stone wall coverings infuse warmth and style into the living spaces.A 10-foot single-panel pivot front door provides a grand entrance and enhances security.

Last Listed By

Christian Prakas

Serhant License #3530110 Listed on: 10/17/2023

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,659

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • 80 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned RS-3

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 5,087 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Bar
  • High Ceiling
  • Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Intracoastal Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484307090700

Community Details

Overview

  • Coral Key Villas 2Nd Sec Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,659

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2023
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, Fireplace, High Ceilings, Living/Dining Room, Separate Shower, Bar, Walk-In Closet(s), Loft
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: In Ground
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 5087.0
  • Dining Room Type: Family Room, Laundry, Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill
  • View: Intercoastal
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 484307090700
  • Lot Size: 80 x 100
  • Lot Size Sq Ft: 8000.0
  • Zoning Description: RS-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 18659.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Apr 12, 2024
Sold by
Springwave Dream Homes Llc and Springwave Development Group Llc
Bought by
Rodrigues Jason
Seller's Agent
Christian Prakas
Serhant
Buyer's Agent
Christian Prakas
Serhant
List Price
$5,950,000
Sold Price
$5,720,000
Premium/Discount to List
-$230,000
-3.87%
Total Days on Market
176
Views
71
Current Estimated Value
$5,408,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$311,537
Avg. Annual Appreciation
-4.88%
Original Mortgage
$4,576,000
Outstanding Balance
$4,518,749
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$889,714

Purchase Details

Listed on
Jul 15, 2021
Closed on
Dec 6, 2021
Sold by
Colombo Costantino A and Colombo Silvana M
Bought by
Springwave Dream Homes Llc
Seller's Agent
Bryant Roepnack
Compass Florida LLC
Buyer's Agent
Matan Morag
Regency Realty Services
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.69%
Original Mortgage
$2,430,000
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 13, 2012
Sold by
Incastasciato Maria and Colombo Constantino A
Bought by
Incatasciato Maria and Incatasciato Giovanni

Purchase Details

Closed on
Apr 5, 1996
Sold by
Colombo Maria
Bought by
Colombo Maria and Maria Incatasciato T

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
Rodrigues Jason $5,720,000 Patch Reef Title
Springwave Dream Homes Llc $1,100,000 Attorney
Incatasciato Maria -- Attorney
Colombo Maria $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodrigues Jason $4,576,000
Previous Owner Springwave Dream Homes Llc $2,430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $5,720,000 -3.5% $1,124 / Sq Ft
03/03/2024 03/03/24 Price Changed $5,925,000 -0.4% $1,165 / Sq Ft
10/19/2023 10/19/23 For Sale $5,950,000 +440.9% $1,170 / Sq Ft
12/07/2021 12/07/21 Sold $1,100,000 -8.3% $755 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,200,000 0.0% $824 / Sq Ft
10/01/2017 10/01/17 Rented $3,250 -13.3% --
09/01/2017 09/01/17 Under Contract -- -- --
07/12/2017 07/12/17 For Rent $3,750 +38.9% --
02/24/2012 02/24/12 Rented $2,700 -12.9% --
01/25/2012 01/25/12 Under Contract -- -- --
09/27/2011 09/27/11 For Rent $3,100 -- --
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
2025 $71,643 $3,773,620 $400,000 $3,373,620
2024 $14,312 $3,773,620 $400,000 $3,373,620
2023 $14,312 $497,670 $0 $0
2022 $18,659 $976,710 $400,000 $576,710
2021 $12,371 $631,410 $400,000 $231,410
2020 $12,092 $620,250 $400,000 $220,250
2019 $11,887 $605,480 $400,000 $205,480
2018 $11,383 $601,510 $400,000 $201,510
2017 $11,494 $601,510 $0 $0
2016 $10,955 $548,060 $0 $0
2015 $10,291 $498,240 $0 $0
2014 $9,150 $452,950 $0 $0
2013 -- $411,780 $320,000 $91,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10928363

BeachesMLS

APN: 48-43-07-09-0700