NOT LISTED FOR SALE

Estimated Value: $27,744,454

6 Beds
10 Baths
7,526 Sq Ft
$3,686/Sq Ft Est. Value

Sale Details

Date Sold: May 4, 2021

Last sale price $41,712,000 $5,542 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $211,508 / mo

45 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Pool
  • Sun or Florida Room
  • Palm Beach Public School Rated A-
  • Soaking Tub in Primary Bathroom
  • No HOA

About This Home

As of May 2021

Direct intracoastal located close to Town & the beach. Incredibly conceived Bermudian gem, ''Tarpon Cove,'' affording an incredibly rare level of detail/authenticity. Perfectly poised & south facing w/232' of intracoastal frontage-great for boaters & water toys. To the north, the home overlooks rolling golf course greens. Winner of the Palm Beach Preservation Foundation's 2017 Schuler Award for outstanding new architecture, as well as an AIA award for excellence in design & execution. Enchantingly designed this property includes: 6 BRs, 7+ full BAs, gym, 5 car garage, heated & salt treated pool, full house generator, smart home technology, water purification system, dock, boat lift, & magically appointed gardens. ''Tarpon Cove'' is a private paradise for the ultimate tropical retreat 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 and statistics 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. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no commission will be paid to a cooperating Broker on the Deposits retained by the Seller. No commissions are paid to any cooperating broker until title passes or upon actual commencement of a lease. 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 2021 by the listing company. All Rights Reserved.

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $258,492

Year Built

  • Built in 2014

Lot Details

  • 26,638 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • North Facing Home
  • Property is zoned R-A(ci

Parking

  • 3 Car Garage
  • Parking Garage Space

Property Views

  • Intracoastal
  • Golf Course

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,526 Sq Ft Home
  • Property has 2 Levels
  • Bar
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Complete Impact Glass

Kitchen

  • Eat-In Kitchen
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Soaking Tub in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327040000010

Community Details

Overview

  • No Home Owners Association
  • Island Rd Dev Rev Subdivision

Recreation

  • Community Pool

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$258,492

Year Built

Built in 2014

Lot Details

0.61 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Single Family Residence
  • Directions: Royal Park Bridge to South County Road. Right onto Island Road. House is on the left.
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 2
  • Lot Size Acres: 0.61
  • MLS Status: Closed
  • New Construction: No
  • Standard Status: Closed
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: ISLAND RD DEV REV
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 41712000
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Refrigerator, Washer
  • Interior Amenities: Bar, Elevator, Entrance Foyer, Pantry, Den/Library/Office, Florida Room
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 7526
  • Other Equipment: Elevator
  • Stories: 2
  • Window Features: Complete Impact Glass
  • Bedroom Features: Primary Bath Tub
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Florida Room, Pantry
  • Master Bathroom Features: Tub Only

Exterior Features

  • View: Golf Course, Intracoastal View
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Other Structures: Livable
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: Elevator(s), None, Private Pool
  • Association: No
  • Community Features: None

Lot Info

  • Parcel Number: 50434327040000010
  • Lot Size Sq Ft: 26638
  • Zoning: R-A(ci

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 258492

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
Feb 18, 2021
Closed on
May 4, 2021
Sold by
Jones Lakeland Llc
Bought by
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$45,000,000
Sold Price
$41,712,000
Premium/Discount to List
-$3,288,000
-7.31%
Current Estimated Value
$27,744,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,967,546
Avg. Annual Appreciation
-7.26%

Purchase Details

Listed on
Aug 26, 2020
Closed on
Jan 8, 2021
Sold by
Berwind James D
Bought by
Jones Lakeland Llc
Seller's Agent
Cris Condon
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Suzanne Trapani Frisbie
The Corcoran Group
List Price
$37,500,000
Sold Price
$26,151,000
Premium/Discount to List
-$11,349,000
-30.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
330.19%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Atterbury William W and 320 Island Road Trust
Bought by
Berwind James D

Purchase Details

Listed on
Oct 18, 2011
Closed on
Feb 16, 2012
Sold by
The Island Road Limited Partnership
Bought by
Atterbury William W and 320 Island Road Trust
Seller's Agent
Cris Condon
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Kevin Clark
Sotheby's Intl. Realty, Inc.
List Price
$11,500,000
Sold Price
$9,700,000
Premium/Discount to List
-$1,800,000
-15.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Mar 20, 2007
Sold by
Blabon Holt Diana and Holt Charles C
Bought by
The Island Road Lp
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
$41,712,000 Attorney
Jones Lakeland Llc $26,151,000 Attorney
Berwind James D -- Attorney
Atterbury William W $9,700,000 Attorney
The Island Road Lp -- Attorney
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
Previous Owner $14,500,000
Previous Owner Berwind James D $8,000,000
Previous Owner Holt Diana Blabon $1,000,000
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 Prior Sale
05/04/2021 05/04/21 Sold $41,712,000 -7.3% $5,542 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $45,000,000 +72.1% $5,979 / Sq Ft
01/08/2021 01/08/21 Sold $26,151,000 -30.3% $3,475 / Sq Ft View Prior Sale
12/09/2020 12/09/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $37,500,000 +286.6% $4,983 / Sq Ft
02/16/2012 02/16/12 Sold $9,700,000 -15.7% $1,609 / Sq Ft View Prior Sale
01/17/2012 01/17/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $11,500,000 -- $1,908 / 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 $644,187 $43,833,500
2024 $644,187 $39,848,636
2023 $559,492 $36,226,246 $0 $0
2022 $512,071 $32,932,951 $0 $0
2021 $406,026 $24,905,268 $12,584,390 $12,320,878
2020 $258,492 $15,595,698 $0 $0
2019 $258,036 $15,245,062 $0 $0
2018 $245,089 $14,960,807 $0 $0
2017 $244,560 $14,653,092 $0 $0
2016 $246,168 $14,351,706 $0 $0
2015 $254,568 $14,249,311 $0 $0
2014 $156,934 $8,648,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10693421

MIAMI REALTORS® MLS

APN: 50-43-43-27-04-000-0010

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