NOT LISTED FOR SALE

3 Ocean Ln Lantana, FL 33462

Estimated Value: $4,584,000 - $16,015,845

5 Beds
6.5 Baths
7,167 Sq Ft
$1,437/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $18,250,000 $2,546 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $64,455/month

71 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Gated Community
  • Property has ocean access
  • Heated Spa
  • Marble Flooring

About This Home

As of August 2024

Artfully rebuilt in 2001 this Opulent ocean-to-Intracoastal Manalapan estate, with every amenity, is the height of grandeur with beautifully crafted workmanship and fine finishes throughout. The formal living and dining rooms, coupled with the billiard room and family room, invite gracious entertaining. An amazing sanctuary, the grand primary suite presides over half the second floor. Two oceanfront loggias overlook the pool. 3 Ocean Lane, Manalapan, Florida: Manalapan, a lush barrier island bounded by the sparkling Atlantic Ocean and the shimmering Intracoastal Waterway, is ideally located between Palm Beach and Boca Raton. Offering the tranquility of a Caribbean Island, residents of Manalapan enjoy white-sand beaches, lush tropical foliage, and pleasing ocean breezes. PROPERTY: With 75 feet on the oceanfront and Intracoastal Waterway, this trophy property on Ocean Lane is one of four estates in a gated, oceanfront Manalapan community. Brick-paved driveways proceed through lush tropical landscaping to introduce this grand mansion. Overlooking the ocean are covered loggias, one with a summer kitchen fitted with a grill and sink and lined with imported Italian decorative tile. Just adjacent is the large 20-by-40-foot pool, with a spill-over spa, set within an expansive brick-paved patio. RESIDENCE: A Mediterranean gem with five bedrooms and 9,519 +/- total square feet, double stone stairways ascend to the garden terrace and arbor, and at the estate's entry, glass arched front doors are embellished with wrought-iron, extending a grand sense of arrival. Once inside the main level, the reception hall epitomizes elegance and grandeur. Topped by a soaring, two-story, decorative, wood-paneled ceiling, it encompasses a floating, wrought-iron-ornamented staircase that gracefully rises to the bridge overlooking the salon. An impressive room defined by a columned entry, the salon is crowned by a two-story-high beamed and stenciled ceiling and features marble flooring, a focal-point gas fireplace with a carved-concrete mantel, and a bank of arched French doors that open to the ocean-view loggia, patio and pool. For less formal entertaining, the billiard room is also beautifully finished, detailed by wood flooring, richly stained wood-paneled walls, handsome built-in cabinetry, and a fully equipped wet bar. Offering a seamless indoor/outdoor connection, French doors lead to the patio, while arched bay windows offer ocean views. The elegant, formal dining room is finished with wood parquet flooring, board-and-batten wainscotting, a decorative coffered ceiling with hand-painted inserts and deep crown moldings, a bay of French doors accessing the front patio, and a secret passageway to the kitchen. The cook-island kitchen, meanwhile, is fitted with custom, honey-toned, Shaker-style cabinetry providing copious storage, stone counters, professional-grade appliances, and a breakfast area. Two steps down and delineated by a wrought-iron railing is the adjoining family room, with marble flooring, built-in cabinetry, and a window-wall of sliding doors accessing the summer kitchen/loggia. Arched picture windows offer pool views, while a set of French doors access the pool patio. The VIP guest bedroom features wood flooring and a desk built within a garden-view bay window. The suite comprises a custom-fitted closet and an ensuite bathroom. Also on the main floor are a powder room and cabana bath. On the second floor, the primary suite, with a double-door entry, presides over an entire wing. The bedroom, topped by a cove ceiling, features wood flooring, a cove ceiling, a doorway to the interior Juliet balcony overlooking the living room, and floor-to-ceiling doors accessing two ocean-view balconies. Completing the suite are two custom-fitted walk-in closets, a morning bar, a hallway lined with custom cabinetry, and ensuite bathrooms appointed in granite and marble, with one fitted with a glass-enclosed shower, and the other featuring a shower and spa tub. Two ensuite guest bedrooms complete the second floor layout, with the oceanfront bedroom sharing one of the primary bedroom's balconies. On the lower level are a staff bedroom suite, a staff kitchen, laundry room and two-car garage. Overall amenities include a new seawall, an alarm system, five air conditioners, impact glass, an elevator, Seagull water purifier in the kitchen and natural gas accommodation. This elegant estate is a must-see offering! Exclusions: 2 sets of sconces in master bathrooms and dining room light fixture The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements. 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. 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. Copyright 2024 by the listing company. All Rights Reserved. DISCLAIMER:/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.

Last Agent to Sell the Property

Pascal Liguori

Premier Estate Properties, Inc License #3009820 Listed on: 03/06/2024

Co-Listed By

Antonio Liguori

Premier Estate Properties, Inc License #3256180

Last Buyer's Agent

Nicholas Gonzalez

Serhant License #3348979

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $136,175

Year Built

  • Built in 1990

Lot Details

  • 0.45 Acre Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 7,167 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • In Ground Spa
  • Private Pool

Outdoor Features

  • Property has ocean access
  • Seawall
  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 42434502010000014

Community Details

Overview

  • Association fees include common areas
  • Hypoluxo Beach Map Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$136,175

Year Built

Built in 1990

Lot Details

0.45 Acres

HOA Fees

$167 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On A1A just south of the Manalapan Police Department
  • Year Built: 1990
  • Architectural Style: Mediterranean
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Kitchen/Dining Combo, Multiple En Suite Bathrooms, Separate Shower, Tub Shower, Upper Level Primary, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 7167.0
  • Stories: 3
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • View: Ocean
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Balcony
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 166.66
  • Pets Allowed: No
  • Community Features: Home Owners Association, Gated
  • Senior Community: No
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 42434502010000014
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19602.0
  • Mobile Dim Units: Feet
  • Zoning: R-2A(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 136175.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Aug 8, 2024
Sold by
Miller Alan B and Miller Jill S
Bought by
Buckley Corinne Anna
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Nicholas Gonzalez
Serhant
List Price
$22,950,000
Sold Price
$18,250,000
Premium/Discount to List
-$4,700,000
-20.48%
Views
161
Current Estimated Value
$10,299,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,950,077
Avg. Annual Appreciation
-29.90%
Original Mortgage
$9,125,000
Outstanding Balance
$9,002,486
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$1,297,437

Purchase Details

Closed on
Oct 9, 1997
Sold by
Jacobson Charles M and Jacobson Naomi L
Bought by
Marder Gary and Marder Karne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Buckley Corinne Anna $18,250,000 None Listed On Document
Marder Gary $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buckley Corinne Anna $9,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $18,250,000 -20.5% $2,546 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $22,950,000 -- $3,202 / Sq Ft
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 $128,357 $14,341,188 -- --
2024 $128,357 $6,433,175 -- --
2023 $136,175 $5,848,341 $0 $0
2022 $116,078 $5,316,674 $0 $0
2021 $79,918 $4,833,340 $3,750,600 $1,082,740
2020 $47,474 $2,877,484 $0 $0
2019 $46,912 $2,812,790 $0 $0
2018 $44,220 $2,760,343 $0 $0
2017 $43,457 $2,703,568 $0 $0
2016 $43,796 $2,647,961 $0 $0
2015 $45,674 $2,629,554 $0 $0
2014 $45,834 $2,608,685 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10965949

BeachesMLS (Greater Fort Lauderdale)

APN: 42-43-45-02-01-000-0014

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