NOT LISTED FOR SALE

Estimated Value: $4,603,000 - $17,785,748

5 Beds
6.5 Baths
7,167 Sq Ft
$1,562/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2024

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

Est. 39% decrease in value since last sale

Current estimated payment $71,857 / mo

125 Days on Market

Highlights

  • Direct Ocean View
  • Pool
  • Maid or Guest Quarters
  • Property fronts an intracoastal waterway
  • Two Primary Bathrooms
  • 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.

Co-Listed By

Antonio Liguori

Premier Estate Properties, Inc License #3256180

Premier Estate Properties, Inc

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

  • 19,602 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned R-2A(c

HOA Fees

  • $166 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Parking Garage Space
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,167 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Built-In Features
  • Bar
  • Drapes & Rods
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Direct Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Shower Only in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Impact Glass

Accessible Home Design

  • Accessible Elevator Installed

Pool

Outdoor Features

  • Seawall
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 42434502010000014

Community Details

Overview

  • Hypoluxo Beach Map Subdivision
  • Mandatory home owners association

Amenities

  • Secure Lobby
  • Elevator

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$136,175

Year Built

Built in 1990

Lot Details

0.45 Acres

HOA Fees

$166 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Co List Office Mls Id: FLL606608
  • Co List Office Phone: 561-278-8188
  • Directions: On A1A just south of the Manalapan Police Department
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 3
  • Lot Size Acres: 0.45
  • New Construction: No
  • Building Stories: 3
  • Structure Type: House
  • Subdivision Name: HYPOLUXO BEACH MAP
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 18250000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Natural Gas Water Heater, Dishwasher, Dryer, Free-Standing Freezer, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, French Doors, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Maid'S Quarters, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 7167
  • Other Equipment: Automatic Garage Door Opener, Elevator, Natural Gas
  • Stories: 3
  • Window Features: Complete Impact Glass, Drapes
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Laundry, Maid/In-Law Quarters, Maid'S Quarters, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Shower Only, Separate Tub & Shower

Exterior Features

  • Roof: Barrel, Barrel Roof
  • View: Ocean, Direct Ocean, Ocean View
  • Exterior Features: Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Front, Seawall
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator, Compressed Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Security System, Lobby Secured
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected, Natural Gas Available, Sewer Available, Water Available
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association Fee: 166
  • Amenities: Elevator(s), None, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Mandatory Hoa, None

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 42434502010000014
  • Zoning: R-2A(c

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 136175

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
Mar 6, 2024
Closed on
Aug 8, 2024
Sold by
Bought by
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%
Current Estimated Value
$11,194,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,055,626
Avg. Annual Appreciation
-21.87%
Original Mortgage
$9,125,000
Interest Rate
0.0775%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$18,250,000 None Listed On Document
$650,000 --
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 $9,125,000
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
08/08/2024 08/08/24 Sold $18,250,000 -20.5% $2,546 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $22,950,000 -- $3,202 / 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
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: MIAMI REALTORS® MLS

MLS Number: R10965949

MIAMI REALTORS® MLS

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

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