NOT LISTED FOR SALE

3 Inlet Cay Dr Boynton Beach, FL 33435

Estimated Value: $4,414,000 - $4,998,000

4 Beds
4.5 Baths
3,957 Sq Ft
$1,219/Sq Ft Est. Value

Last Sold January 07, 2025

Last sale price $5,747,500 $1,452 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $29,433/month

285 Days on Market

Highlights

  • Property has ocean access
  • New Construction
  • Views of Preserve
  • Property fronts an intracoastal waterway
  • Gunite Pool
  • 4-minute walk to Ocean Ridge Hammock Park

About This Home

As of January 2025

Brand new construction modern estate, on an Intracoastal Waterway island, overlooks a veritable forest of mangroves on a protected pristine nature area owned by the Town of Ocean Ridge. With 100-feet on the water and a dock, boaters will enjoy unimpeded access to the ocean. Details include a great room with a bar, great chef's kitchen, first-floor primary suite and a second-floor VIP suite. RESIDENCE: Designed by Boca Raton architect Richard Bremer and just completed this year, with four bedrooms plus an office and 5,407 +/- total square feet, this stunning Modern estate, clad in stucco and highlighted by stone, offers the ultimate for indoor/outdoor waterfront living. Its well-conceived open-layout, split-bedroom plan accommodates views of the water, nature area and a verdant stand of mangroves from every room. Immediately from the entry, one is transfixed. Elegant, chic, and exceedingly relaxing, details include high ceilings, window-walls of glass bathing the interiors in soft sunlight, large-format Italian porcelain flooring downstairs and engineered hardwood flooring upstairs. The two-story foyer and staircase introduce the great room, featuring a wet bar perfect for entertaining, and banks of glass sliding doors open to the poolside lanai blurring the boundary between inside and out. Just adjacent is the double-island chef's kitchen, which is fitted with handsome Shaker-style cabinetry accommodating copious storage, an artistic tile backsplash set in a herringbone pattern, and professional-grade Thermador stainless-steel appliances. The serene first-floor primary suite, set apart for privacy, comprises a spacious bedroom with sliding doors opening to the pool patio and offering water views, double custom-fitted walk-in closets and a spa-inspired bathroom with duo vanities, oversized walk-in glass-enclosed shower and a free-standing Jacuzzi tub. Upstairs, The VIP suite and two guest bedroom suites all open to the water-view balcony, with one of the guest bedrooms currently serving as an inviting club room. Completing the layout are an office, powder room, cabana bath, laundry room and two-car garage with space for car lifts. PROPERTY: Homeowners of this amazing estate enjoy incredible and unique views. On an Intracoastal Waterway island, the estate's south-facing fenced back yard overlooks the canal to a veritable forest of mangroves on a protected pristine nature area owned by the Town of Ocean Ridge. The treasured refuge is home a variety of Florida wildlife, a true wonder for nature lovers. Here, homeowners will also enjoy a fabulous indoor/outdoor lifestyle. The covered lanai, with a summer kitchen and grill, is just adjacent to the sun-splashed pool that integrates a sun shelf and infinity spa, set within an expansive patio. And that is not all. With a dock and 100 feet on a canal that adjoins the Intracoastal, boaters will enjoy easy ocean access with no fixed bridges. LOCATION: Inlet Cay Drive, Ocean Ridge, Florida. One of the Gold Coast's best-kept secrets, exclusive Ocean Ridge is prized for its quiet solitude, relaxed ambiance and unspoiled landscape nestled between the Atlantic Ocean and the Intracoastal Waterway. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All Rights Reserved.

Last Agent to Sell the Property

Cole Devitt

Premier Estate Properties, Inc License #3359382 Listed on: 01/23/2024

Co-Listed By

Pascal Liguori

Premier Estate Properties, Inc License #3009820

Last Buyer's Agent

Jacqueline Gulla

Douglas Elliman License #3488168

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,609

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property fronts an intracoastal waterway
  • North Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Views of Preserve
  • Canal Views

Home Design

  • Colonial Architecture
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,957 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Mangrove Front
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Inlet Cay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434522110000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,609

Year Built

Built in 2024 | New Construction

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Woolbright East to A1A, North on A1A to Inlet Cay Dr., House in on the left
  • Year Built: 2024
  • Architectural Style: Colonial
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Central Vacuum, Dual Sinks, Entrance Foyer, High Ceilings, Jetted Tub, Kitchen/Dining Combo, Main Level Primary, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 3957.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Kitchen, Outdoor Living Area
  • View: Canal, Preserve
  • Fencing: Fenced
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Mangrove, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: New Construction
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 46434522110000030
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Mobile Dim Units: Feet
  • Zoning: RSF

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 48609.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Jan 7, 2025
Sold by
Michael Baher Properties Inc
Bought by
Tjg Realty Of Florida Llc
Seller's Agent
Cole Devitt
Premier Estate Properties, Inc
Buyer's Agent
Jacqueline Gulla
Douglas Elliman
List Price
$6,495,000
Sold Price
$5,747,500
Premium/Discount to List
-$747,500
-11.51%
Views
116
Current Estimated Value
$4,825,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$922,169
Avg. Annual Appreciation
-13.67%

Purchase Details

Closed on
Feb 15, 2005
Sold by
Ratner Dennis and Shahrabani Terry M
Bought by
Pena Mario A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,250
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2001
Sold by
Perry Shirley
Bought by
Ratner Dennis
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
Tjg Realty Of Florida Llc $5,747,500 None Listed On Document
Tjg Realty Of Florida Llc $5,747,500 None Listed On Document
Pena Mario A $935,000 --
Ratner Dennis $560,000 Gold Coast Title Co Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Mario A $701,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2025 01/07/25 Sold $5,747,500 -4.1% $1,452 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
07/29/2024 07/29/24 Price Changed $5,995,000 -7.7% $1,515 / Sq Ft
01/23/2024 01/23/24 For Sale $6,495,000 0.0% $1,641 / Sq Ft
03/16/2016 03/16/16 For Rent $3,500 +6.1% --
03/16/2016 03/16/16 Rented $3,300 +32.0% --
07/15/2013 07/15/13 Rented $2,500 0.0% --
06/15/2013 06/15/13 Under Contract -- -- --
05/22/2013 05/22/13 For Rent $2,500 +13.6% --
07/01/2012 07/01/12 Rented $2,200 -12.0% --
06/01/2012 06/01/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $2,500 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $48,609 $2,541,091 -- --
2024 $48,609 $2,310,083 -- --
2023 $23,965 $932,368 $0 $0
2022 $19,092 $847,607 $0 $0
2021 $18,666 $980,913 $800,000 $180,913
2020 $16,722 $851,691 $680,000 $171,691
2019 $16,760 $835,691 $664,000 $171,691
2018 $17,262 $907,134 $784,240 $122,894
2017 $16,162 $868,977 $746,895 $122,082
2016 $15,436 $733,769 $0 $0
2015 $14,667 $667,063 $0 $0
2014 $13,672 $606,421 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10952813

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-22-11-000-0030

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