NOT LISTED FOR SALE

Estimated Value: $8,543,000 - $9,909,000

5 Beds
7 Baths
8,630 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $6,940,000 $804 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $59,598/month

8 Days on Market

Highlights

  • 140 Feet of Waterfront
  • Direct Ocean View
  • Golf Course Community
  • Felix A. Williams Elementary School Rated A-
  • Property has ocean access
  • Tennis Courts

About This Home

As of March 2021

Sensational oceanfront estate in prestigious Sailfish Point boasts 140' direct waterfrontage on .94 acres with sweeping view of the ocean. This spectacular modern home showcases double height ceilings over a grand living rm. and custom bar perfect for entertaining. The remodeled kitchen is a chef's delight! The downstairs features 2 spacious oceanfront ensujite bedrooms for your guests enjoyment. Custom iron/wooden staircase takes you to the 2nd floor master suite w/expansive closet space and private terrace, 2 guest ensuite bedrooms, media rm., office. Elevator. Experience magnificent 2nd flr. views of the ocean from both the master & guest suites. Creston system. 4 car environmentally controlled garage w/room for golf carts. Cabana bath. Private entry walkway to the beach. Resort style backyard features lush landscaping, expansive outdoor kitchen, covered terraces entertaining and lounging area around the pool and spa.

This home comes fully furnished inclusive of a beautiful Pramberger piano for your enjoyment.

Sailfish Point Club offers a Marina & Yacht Club for up to 125ft. yacht, Jack Nicklaus golf course, first class fitness & spa, exquisite Members dining club.

Oceanfront living with a world class experience. This palatial residence is a Florida delight and must see!

Last Agent to Sell the Property

Lynn Telling

Illustrated Properties LLC License #SL-3224478 Listed on: 01/14/2021

Illustrated Properties LLC

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,018

Year Built

  • Built in 1998

Lot Details

  • 140 Feet of Waterfront
  • West Facing Home
  • Gated Home
  • Sprinkler System

Parking

  • 4 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,630 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Media Room
  • Den
  • Library
  • Utility Room
  • Direct Ocean Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Cabana
  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Tennis Courts
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 163842008000000304

Community Details

Overview

  • Sailfish Point Subdivision
  • Mandatory Home Owners Association

Recreation

  • Golf Course Community

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,018

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 293
  • Subdivision Name: Sailfish Point
  • Directions: 1-95 N to Exit 101. East on Kanner Hwy (State Road 76) to right on Monterey Rd. to right on SE Ocean Blvd., cross 2 bridges to the stop light, right on MacArthur Blvd. 2.5 miles to Sailfish Poin
  • Architectural Style: Contemporary
  • Year Built: 1998
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 83018.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 8630.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 293
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • Style:Two Story: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Security:Gate House: Yes
  • Security:Security Guards: Yes
  • Exposure:West: Yes
  • General Property Description:Waterfront Ftg: 140.0
  • Waterfront:Ocean-Direct: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble
  • Interior Amenities: Ceiling Fan(s), Bidet, Elevator, Sound System, Wet Bar, Pantry
  • Living Area: 8630.0
  • Window Features: Wndw Trmnts Included, Other
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Lot Features: 1 to 3 Acres
  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Stucco, Block
  • Exterior Features: Balcony, Ocean Access-Deeded, Built-in Grill, Tennis Court-Lighted, Storm Shutters, Sprinkler System
  • Other Structures: Cabana
  • Patio And Porch Features: Patio/Lanai
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Tennis Court Lighted: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:Golf Privileges: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Air Conditioned, Other
  • Garage: Yes
  • Garage:Other7: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Smoke Detectors, Gate House, Security Guards, Security System
  • Cooling: Multi Zone Air
  • Cooling Y N: Yes
  • Heating: Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Golf Privileges
  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 163842008000000304

Tax Info

  • Tax Annual Amount: 83018.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 24, 2021
Sold by
Lafayette Michael and Cairns Heather J
Bought by
Sinito Frank and Sinito Malisse
Seller's Agent
Lynn Telling
Illustrated Properties LLC
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$6,940,000
Sold Price
$6,940,000
Current Estimated Value
$9,326,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,386,002
Avg. Annual Appreciation
6.36%
Original Mortgage
$5,000,000
Outstanding Balance
$4,484,421
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$4,841,581

Purchase Details

Listed on
Oct 4, 2018
Closed on
Feb 15, 2019
Sold by
Bernstein Norman and Bernstein Diane
Bought by
Lafayette Michael and Cairns Heather J
Seller's Agent
Kristen Cheskaty
Inactive Member
Buyer's Agent
Gloria Sheridan
One Sotheby's International Re
List Price
$6,750,000
Sold Price
$5,700,000
Premium/Discount to List
-$1,050,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$102,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2011
Sold by
Willard Danny
Bought by
Bernstein Norman and Bernstein Diane

Purchase Details

Closed on
Apr 6, 2006
Sold by
Michnal Robert J
Bought by
Willard Danny

Purchase Details

Closed on
Dec 30, 1994
Bought by
Bernstein Norman and Bernstein Diane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sinito Frank $6,940,000 Everest Land Title Agcy Ltd
Sinito Frank $6,940,000 New Title Company Name
Lafayette Michael $5,700,000 Attorney
Bernstein Norman $5,450,000 Attorney
Willard Danny $6,500,000 None Available
Bernstein Norman $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinito Frank $5,000,000
Closed Sinito Frank $5,000,000
Previous Owner Lafayette Michael $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $6,940,000 0.0% $804 / Sq Ft
03/26/2021 03/26/21 Sold $6,940,000 0.0% $804 / Sq Ft View Prior Sale
02/24/2021 02/24/21 Pending -- -- --
01/22/2021 01/22/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $6,940,000 -13.2% $804 / Sq Ft
11/02/2020 11/02/20 For Sale $7,995,000 +40.3% $926 / Sq Ft
02/20/2019 02/20/19 Sold $5,700,000 -15.6% $660 / Sq Ft View Prior Sale
01/21/2019 01/21/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $6,750,000 -- $782 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $129,984 $8,094,661 -- --
2024 $113,567 $7,358,783 -- --
2023 $113,567 $6,700,760 $6,700,760 $3,800,760
2022 $103,501 $6,109,310 $2,900,000 $3,209,310
2021 $85,241 $4,830,120 $2,650,000 $2,180,120
2020 $85,344 $4,808,780 $2,650,000 $2,158,780
2019 $86,368 $4,805,670 $2,650,000 $2,155,670
2018 $87,408 $4,889,460 $2,650,000 $2,239,460
2017 $81,823 $4,923,180 $3,000,000 $1,923,180
2016 $73,612 $4,247,050 $2,300,000 $1,947,050
2015 $74,204 $4,414,100 $2,375,000 $2,039,100
2014 $74,204 $4,440,300 $2,375,000 $2,065,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1909

APN: 16-38-42-008-000-00030-4