NOT LISTED FOR SALE

Estimated Value: $1,818,000 - $2,074,968

3 Beds
2 Baths
1,429 Sq Ft
$1,345/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2022

Last sale price $1,800,000 $1,260 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,541 / mo

58 Days on Market

Highlights

  • Property has ocean access
  • Up to 70-Foot Boat
  • Concrete Pool
  • Private Dock
  • Boat Lift
  • Waterfront

About This Home

As of February 2022

2741 NE 48th ST is a stunning Deepwater pool home renovated from top to bottom and located on one of the widest straight shot canals in lighthouse point, situated exactly halfway between Hillsboro and Boca inlet, allowing non fixed bridge access to the atlantic ocean in minutes This property is offered fully furnished with handcrafted Restoration Hardware furnishings throughout, Led Tv's and everything else down to the interior decorator chosen linens and tableware. This incredible renovation gives the owner the ability to either enjoy a remarkable waterfront home that blends the sleek modern styles and organic coastal textures or fully maximize income potential from a rental perspective. The main house has 2 bedrooms with a shared full bath, custom walk-in rain shower and floating vanity. The attached 3rd bedroom with ensuite bath is accessed through a private entrance off the covered pool area. See attached floor plan. 2021 Interior updates & highlights include imported italian porcelain plank floors, impact windows & doors, gourmet chef's kitchen with new stainless appliances, miele dishwater, island wine & beverage fridge, quartzite countertops, custom shiplap, built out closets, all new electric & plumbing, oversized 80 gallon hybrid electric water heater, most advanced whole home water filtration and softening system, reverse osmosis with remineralization drinking water, finished laundry locker with new samsung w/d and quartzite countertops & fully finished climate controlled 2 car garage with stainless steel cabinetry. Exterior highlights include a 14K LB elevator boat lift, dock (room for 70ft yacht) with water & 50/30a power, complete pool renovation, new pool heater/chiller, custom covered insulated pergola, turkish shellstone pool deck pavers & 8x8 travertine ivory driveway and full landscape renovation including new sod, calusia privacy shrubs and updated sprinkler system on automatic timers. This property has the ability to be a turnkey vacation rental that will bring extremely high rental revenue with the current property management company in line. Additionally, this property falls into the zoning that allows short term rentals with no minimum night stays.

Last Buyer's Agent

Cole Devitt

Premier Estate Properties, Inc License #3359382

Premier Estate Properties, Inc

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,878

Year Built

  • Built in 1963

Lot Details

  • 8,800 Sq Ft Lot
  • Lot Dimensions are 80x110
  • Waterfront
  • Cul-De-Sac
  • South Facing Home
  • Fenced

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Parking Garage Space

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Garden Apartment
  • Split Level Home
  • Metal Roof
  • Brick Front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,429 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Furniture Available With House
  • Built-In Features
  • Family Room
  • Combination Kitchen and Dining Room
  • Complete Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Gunite Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Up to 70-Foot Boat
  • Private Dock
  • Patio

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484318120480

Community Details

Overview

  • No Home Owners Association
  • Lighthouse Point Subdivision, Renovated Floorplan

Recreation

  • Community Boat Dock
  • Boating
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,878

Year Built

Built in 1963

Lot Details

8,800 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Single Family Residence
  • Architectural Style: Garden Apartment, Split Level
  • Directions: Federal HWY (US1) to 48th St, East to home.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,Private Dock,Unrestricted Salt Water Access, Electric Available,Lift,Private Dock,Up to 70 Ft Boat,Water Available
  • Unit Levels: 1
  • Lot Size Acres: 0.2
  • Lot Size: 80x110
  • Master Model: Renovated
  • New Construction: No
  • Road Frontage Type: Paved Road, Public Road
  • Road Surface Type: Paved Road, Paved
  • Building Stories: 1
  • Structure Type: House
  • Subdivision Name: Lighthouse Point
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 1800000
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Water Softener Owned, Water Softener/Filter
  • Interior Amenities: Built-in Features, Cooking Island, Split Bedroom, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Maid'S Quarters
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Furnished, Furniture Only
  • Living Area: 1429
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 1
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Kitchen Dining
  • Living Room Features: Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Maid'S Quarters
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Metal, Metal Roof
  • View: Canal, Garden, Pool, Canal View
  • Construction Type: Concrete Block Construction, Brick, CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, Cul-De-Sac, Fenced, Sidewalk
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Features: Concrete, Gunite, Heated
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Sidewalk
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: Bike/Jog Path, Boat Dock, Private Pool
  • Association: No
  • Community Features: Boating, Paved Road, Public Road, Sidewalks

Lot Info

  • Parcel Number: 484318120480
  • Lot Size Sq Ft: 8800
  • Zoning: res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11878

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Feb 24, 2022
Sold by
Bought by
Buyer's Agent
Cole Devitt
Premier Estate Properties, Inc
List Price
$1,999,999
Sold Price
$1,800,000
Premium/Discount to List
-$199,999
-10%
Current Estimated Value
$1,921,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,742
Avg. Annual Appreciation
1.46%
Original Mortgage
$600,000
Outstanding Balance
$547,466
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,374,276

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 3, 2021
Sold by
Bought by
Seller's Agent
Michele Hale
Premier Brokers International
Buyer's Agent
Cameron Sydenham
The Corcoran Group
List Price
$899,000
Sold Price
$855,000
Premium/Discount to List
-$44,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.58%
Original Mortgage
$648,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jan 9, 2015
Sold by
Bought by
Buyer's Agent
James Kwon
Prime Realty & Managment Inc.
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%

Purchase Details

Listed on
Jan 27, 2014
Closed on
Apr 1, 2014
Sold by
Bought by
Seller's Agent
Christine Balistreri
Balistreri Real Estate Inc
Buyer's Agent
James Kwon
Prime Realty & Managment Inc.
List Price
$625,000
Sold Price
$617,500
Premium/Discount to List
-$7,500
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.20%
Original Mortgage
$400,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 6, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lighthouse Point, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,800,000 Edgar A Benes Pa
$855,000 Attorney
$700,000 Attorney
$617,500 Attorney
$225,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner $648,000
Previous Owner $400,000
Previous Owner $321,000
Previous Owner $330,000
Previous Owner $315,000
Previous Owner $145,000
Previous Owner $395,000
Previous Owner $275,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold $1,800,000 -10.0% $1,260 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
11/29/2021 11/29/21 For Sale $1,999,999 +133.9% $1,400 / Sq Ft
02/11/2021 02/11/21 Sold $855,000 -4.9% $598 / Sq Ft View Prior Sale
01/12/2021 01/12/21 Pending -- -- --
11/22/2020 11/22/20 For Sale $899,000 +28.4% $629 / Sq Ft
01/30/2015 01/30/15 Sold $700,000 -12.4% $446 / Sq Ft View Prior Sale
12/31/2014 12/31/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $799,000 +29.4% $509 / Sq Ft
04/15/2014 04/15/14 Sold $617,500 -1.2% $394 / Sq Ft View Prior Sale
03/16/2014 03/16/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $625,000 -- $398 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $35,979 $1,840,980 $440,000 $1,400,980
2025 $33,849 $1,749,730 $440,000 $1,309,730
2024 $33,340 $1,749,730 $440,000 $1,309,730
2023 $33,340 $1,730,300 $440,000 $1,290,300
2022 $17,390 $907,390 $440,000 $467,390
2021 $11,879 $604,650 $440,000 $164,650
2020 $10,424 $570,540 $0 $0
2019 $10,241 $557,470 $0 $0
2018 $9,682 $547,080 $0 $0
2017 $9,558 $535,830 $0 $0
2016 $9,572 $524,810 $0 $0
2015 $11,060 $568,100 $0 $0
2014 $4,808 $278,570 $0 $0
2013 -- $480,470 $352,000 $128,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10761631

MIAMI REALTORS® MLS

APN: 48-43-18-12-0480

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