NOT LISTED FOR SALE

3050 S Ocean Blvd Lantana, FL 33462

Estimated Value: $159,000 - $12,661,839

5 Beds
6.5 Baths
7,000 Sq Ft
$633/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $9,850,000 $1,407 Per Sq Ft

Current estimated payment $27,617/month

46 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Property has ocean access
  • Wood Flooring
  • Ocean View
  • 55,017 Sq Ft lot
  • Central Heating and Cooling System

About This Home

As of June 2021

This is an exceptional value at just $9.5M per acre. Incredible opportunity to build your Oceanfront dream home on this 1.27 acre Ocean to Intracoastal property in the exclusive enclave of Manalapan. New building ordinances allow for a home to be built on the Oceanfront parcel. This Ocean to Intracoastal property is a true boater's paradise allowing immediate access to the Atlantic Ocean through the South Palm Beach Inlet located only 3 minutes away. There is, also, the potential for developing sheltered dockage within or adjacent to the protected cove on the intracoastal side.

Last Agent to Sell the Property

Chris Leavitt

Douglas Elliman License #3232586 Listed on: 03/31/2021

Douglas Elliman

Last Buyer's Agent

Gilles Dalco

Bonaparte Real Estate LLC License #3251624

Bonaparte Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,652

Year Built

  • Built in 1942

Lot Details

  • 1.26 Acre Lot
  • 70 Feet of Waterfront
  • Ocean Front
  • Property fronts an intracoastal waterway
  • Property is zoned R-1A(c

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 7,000 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges

Utilities

  • Central Heating and Cooling System
  • Water Not Available

Community Details

  • Gedney Vs Pierson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42434510010000052

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,652

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 3050 S Ocean Blvd
  • Year Built: 1942
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Wood
  • Living Area: 7000.0
  • Dining Room Type: Family Room
  • Stories: 3

Exterior Features

  • View: Intercoastal, Ocean
  • Road Frontage Type: Waterfront
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Other
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 42434510010000052
  • Lot Size Sq Ft: 55017.0
  • Zoning Description: R-1A(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 48652.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 15, 2021
Sold by
Brodlieb Kenneth and Brodlieb Andrea Caputo
Bought by
3050 S Ocean Blvd Llc
Seller's Agent
Chris Leavitt
Douglas Elliman
Buyer's Agent
Gilles Dalco
Bonaparte Real Estate LLC
List Price
$11,950,000
Sold Price
$9,850,000
Premium/Discount to List
-$2,100,000
-17.57%
Current Estimated Value
$4,429,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,420,054
Avg. Annual Appreciation
-16.68%
Original Mortgage
$5,500,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 23, 2020
Sold by
Wadleigh Susan and Bartasius Ann K
Bought by
Brodlieb Kenneth and Brodlieb Andrea Caputo
Seller's Agent
Chris Leavitt
Douglas Elliman
List Price
$8,900,000
Sold Price
$7,900,000
Premium/Discount to List
-$1,000,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.93%

Purchase Details

Closed on
Dec 11, 2019
Sold by
Kabler Gail and Residual Trust U W John N Kabl
Bought by
Kabler Gail and Bartasius Ann K

Purchase Details

Closed on
Sep 11, 2019
Sold by
Kabler Gail and Wright Gail
Bought by
Kabler Gail and Bartasius Ann K

Purchase Details

Closed on
Mar 4, 2002
Sold by
Kabler Joan W and Estate Of John N Kabler Jr
Bought by
Kabler Joan W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
3050 S Ocean Blvd Llc $9,850,000 Attorney
Brodlieb Kenneth $7,900,000 Attorney
Kabler Gail -- None Available
Kabler Gail -- None Available
Kabler Joan W -- --
Kabler Joan W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 3050 S Ocean Blvd Llc $5,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Sold $9,850,000 -17.6% $1,407 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $11,950,000 +51.3% $1,707 / Sq Ft
10/28/2020 10/28/20 Sold $7,900,000 -11.2% $3,200 / Sq Ft View Prior Sale
09/28/2020 09/28/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $8,900,000 -- $3,605 / Sq Ft
Source: BeachesMLS

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
2024 $165,309 $10,440,893 -- --
2023 $152,811 $9,675,221 $0 $0
2022 $139,172 $8,795,655 $0 $0
2021 $93,720 $5,669,928 $5,468,700 $201,228
2020 $48,652 $2,908,636 $2,850,000 $58,636
2019 $51,732 $3,059,441 $3,000,000 $59,441
2018 $31,544 $1,977,424 $0 $0
2017 $30,388 $1,938,979 $0 $0
2016 $29,468 $1,738,976 $0 $0
2015 $28,900 $1,625,465 $0 $0
2014 $26,513 $1,521,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Leavitt

    Seller's Agent in 2021

    Chris Leavitt

    Douglas Elliman

    (616) 414-2810

    6 in this area

    212 Total Sales

    Chris Leavitt
    Section Image
  • Gilles Dalco

    Buyer's Agent in 2021

    Gilles Dalco

    Bonaparte Real Estate LLC

    (561) 305-1925

    1 in this area

    10 Total Sales

    Gilles Dalco
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Ashley McIntosh

    Douglas Elliman

    (561) 653-6160

    56 Total Sales

    Ashley McIntosh
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10704133

BeachesMLS

APN: 42-43-45-10-01-000-0052

Florida Palm Beach County Lantana 33462

3050 S Ocean Blvd, Lantana, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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