NOT LISTED FOR SALE

Estimated Value: $4,030,000 - $5,804,931

5 Beds
8 Baths
10,001 Sq Ft
$518/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $3,750,000 $375 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $33,584/month

256 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • Saltwater Pool
  • Bayview Elementary School Rated A
  • Home Theater
  • Waterfront

About This Home

As of May 2021

Enjoy this 10,000+ sqft custom built timeless beauty in Coral Ridge with 100' dock, ideally situated 3rd property from the point for more protected dockage. Relish the outdoors from the covered balconies with gorgeous cypress wood ceilings, glorious marble patios & the expansive rooftop terrace for Views of the Intracoastal & Birch State Park. This like-new fortress with 5 spacious en suite bedrooms was meticulously constructed with poured concrete plus steel rebar every few inches. Marvel at the extensive intricate crown moldings, tray ceilings, cove lighting & attention to detail. Of course there is a scrumptious movie theater room & a well-appointed gym for indoor pursuits. The feeling of comfortable luxury exuded by this home cannot be beat! View the supplement for more details.

Last Agent to Sell the Property

John Castelli

Castelli Real Estate Services License #3215519 Listed on: 07/22/2020

Castelli Real Estate Services

Co-Listed By

Amy Mcgrotty

EXP Realty LLC License #3418995

Last Buyer's Agent

Tamar Livnat

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,179

Year Built

  • Built in 2007

Lot Details

  • 0.29 Acre Lot
  • Waterfront
  • North Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Property Views

  • Intracoastal
  • Canal

Home Design

  • Mediterranean Architecture
  • Tri-Level Property
  • Barrel Roof Shape
  • Concrete Roof

Interior Spaces

  • 10,001 Sq Ft Home
  • Elevator
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Bar
  • Ceiling Fan
  • Arched Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Atrium Room
  • Utility Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Coral Ridge 21 50 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494236021780

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,179

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Bayview Drive to NE 16th Street Go east to the gorgeous home on the south side, 3rd from the point lot
  • Year Built: 2007
  • Architectural Style: Mediterranean
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Garden Tub/Roman Tub, Handicap Access, Living/Dining Room, Main Level Master, Multiple Master Suites, Pantry, Upper Level Master, Bar, Walk-In Closet(s), Atrium, Central Vacuum, Elevator, Loft
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: Hot Tub
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Marble
  • Dining Room Type: Atrium, Den, Family Room, Great Room, Laundry, Loft, Media Room, Other, Utility Room
  • Window Features: Arched, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Deck, Fence, Security/High Impact Doors, Lighting, Outdoor Grill, Outdoor Shower, Patio
  • View: Canal, Intercoastal, Water
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Beach Access, Canal Access, Dock Access, No Fixed Bridges, Ocean Access, Seawall, Water Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Barrel, Concrete

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, On Street, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 494236021780
  • Lot Size Sq Ft: 12500.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 24179.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Mercurio William C
Bought by
William C Mercurio Revocable Trust and Mercurio
Current Estimated Value
$5,180,733

Purchase Details

Listed on
Jul 22, 2020
Closed on
May 5, 2021
Sold by
Zikakis Salome J
Bought by
Mercurio William C
Seller's Agent
John Castelli
Castelli Real Estate Services
Buyer's Agent
Tamar Livnat
Coldwell Banker Realty
List Price
$3,995,000
Sold Price
$3,750,000
Premium/Discount to List
-$245,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Mar 20, 2020
Sold by
Zikakis Salome J
Bought by
Parady John D and Parady Alexander D

Purchase Details

Closed on
Feb 28, 2006
Sold by
Khan Aslam M and Khan Lisa Ann
Bought by
Zikakis Salome J and Parady William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 1986
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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
William C Mercurio Revocable Trust -- None Listed On Document
Mercurio William C $3,750,000 Attorney
Parady John D -- Attorney
Zikakis Salome J $775,000 Ace Title Services Inc
Available Not $192,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zikakis Salome J $417,000
Previous Owner Zikakis Salome J $250,000
Previous Owner Zikakis Salome J $775,000
Previous Owner Parady William A $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $3,750,000 -6.1% $375 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
07/22/2020 07/22/20 For Sale $3,995,000 -- $399 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $64,269 $3,572,530 -- --
2024 $63,274 $3,471,850 -- --
2023 $63,274 $3,370,730 $0 $0
2022 $60,430 $3,272,560 $0 $0
2021 $27,524 $1,495,050 $0 $0
2020 $27,003 $1,474,410 $0 $0
2019 $26,336 $1,441,270 $0 $0
2018 $25,186 $1,414,400 $0 $0
2017 $25,090 $1,385,310 $0 $0
2016 $25,327 $1,356,820 $0 $0
2015 $25,849 $1,347,390 $0 $0
2014 $26,115 $1,336,700 $0 $0
2013 -- $1,727,680 $650,000 $1,077,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10240234

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-36-02-1780