NOT LISTED FOR SALE

Estimated Value: $7,964,000 - $14,701,408

5 Beds
5 Baths
5,816 Sq Ft
$1,949/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $13,878,275 $2,386 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $74,271/month

223 Days on Market

Highlights

  • 105 Feet of Waterfront
  • Wine Room
  • Marble Flooring
  • Direct Ocean View
  • Pool and Spa
  • Bermuda Architecture

About This Home

As of June 2018

Begin each day with the sun rising over the horizon on the most spectacular stretch of beach located at 3501 N Ocean Blvd. in Gulf Stream. This classic yet chic new oceanfront estate is set high above the dune in sublime privacy offering expansive ocean views from nearly every room. Tucked behind privacy gates, an amenity rich lifestyle evocative of perfection awaits the most discerning. Sophisticated design by Rustem Kupi architects blends the most luxurious finishes and modern conveniences with the latest codes and standards of today. A flexible floor plan revealing 7,486 TSF, five bedrooms, and 5.2 Baths constitute the finest in architectural finishes with an open layout creating airy, sun-drenched interiors. Light and space flow into a fabulous great room with soaring ceilings; fireplace and Exotic wood surround a modular arts wall, wide plank European white oak floors, white limestone floors, and french doors lead to indoor/outdoor entertaining. Light splashes through the ocean facing master with balcony that is designed with a wood paneled bed wall, electric black out shades, and morotrized bed mounted TV lift. The luxurious his/her master bath with heated bathroom floors yield a sense of Zen within it's doors. Three additional en-suite bedrooms and a media lounge encompass the second floor. Located on the ground floor is a guest or in-law suite. The epicurean master chef's kitchen feasts on the magnificent blue ocean views and features white custom lacquered and wood grain cabinetry as well as stainless steel glass cabinetry, white quartz countertops with waterfall edges, top performing luxury appliances and a full butler's pantry. In addition, the estate offers a formal dining room complete with a custom paneled China room with electrified glass for privacy. Adjacent to the kitchen is an inviting gathering area with floor to ceiling glass doors leading to a loggia that is complete with fireplace, built in electric shades to seamlessly integrate the interior and exterior spaces. Outdoor living is punctuated by lush tropical landscaping, a large level garden/yard and a salt-water pool and spa. At 3501 N Ocean Blvd. in Gulf Stream, guests and family enjoy a private beach second to none and yet easy access to a fine medley of dining, boutique shopping, and cultural events.

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #BK582187 Listed on: 10/19/2017

The Corcoran Group

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134,797

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 105 x 400
  • 105 Feet of Waterfront
  • Home fronts a seawall
  • West Facing Home
  • Sprinkler System
  • Property is zoned RS-B

Parking

  • 2 Car Garage

Home Design

  • Bermuda Architecture
  • Frame Construction
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,816 Sq Ft Home
  • Elevator
  • Wet Bar
  • Fireplace
  • Wine Room
  • Dining Room
  • Direct Ocean Views
  • Impact Glass

Kitchen

  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Pool

  • Pool and Spa
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Bulkhead
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • M M W Beachhouse Lot Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20434603180000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$134,797

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 105 x 400
  • Subdivision Name: M M W Beachhouse Lot Pl
  • Directions: North of George Bush Blvd. to 3501
  • Above Grade Finished Sq Ft: 156666.67
  • Architectural Style: Bermuda
  • Year Built: 1991
  • Location Tax Legal:Zoned: RS-B
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 134797.0
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 5816.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • General Property Description:Lot Dim (1): 105 x 400
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:West: Yes
  • General Property Description:Waterfront Ftg: 105.0
  • Waterfront:Ocean-Direct: Yes
  • Pool:Salt Water: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Other Flooring
  • Interior Amenities: Elevator, Fireplace, Wet Bar, Wine Rm/Temp-Control, Pantry
  • Living Area: 5816.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Fireplace: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Wine RmTemp-Control: Yes

Exterior Features

  • Pool Features: Pool, Salt Water, Spa
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, Frame
  • Exterior Features: Balcony, Patio/Lanai, Seawall/Bulkhead, Built-in Grill, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes

Utilities

  • Heating: Central Air
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 20434603180000010
  • Zoning: RS-B

Tax Info

  • Tax Annual Amount: 134797.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2018
Sold by
3501 North Ocean Boulevard Llc
Bought by
Ferro Evin T
Current Estimated Value
$11,332,704

Purchase Details

Listed on
Oct 19, 2017
Closed on
May 31, 2018
Sold by
3501 Noc Blvd Gs Fl Llc
Bought by
3501 North Ocean Boulevard Llc
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$13,878,275
Sold Price
$13,878,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.93%

Purchase Details

Listed on
Jan 16, 2015
Closed on
Mar 31, 2015
Sold by
Dalidowicz Edward J
Bought by
3501 Noc Blvd Gs Fl Llc
Seller's Agent
THOR BROWN
THE FITE GROUP
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$9,250,000
Sold Price
$9,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Dalidowicz Edward J
Bought by
Dalidowicz Edward J

Purchase Details

Closed on
Feb 23, 1995
Sold by
Russell Charles M and Russell Peggy Sue
Bought by
Dalidowicz Edward J

Purchase Details

Closed on
Jun 21, 1993
Sold by
Walsh William J and Walsh Mary
Bought by
Russell Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.44%
Source: Public Records

Range of Values:

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Average Value
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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
Ferro Evin T -- Attorney
3501 North Ocean Boulevard Llc $13,878,275 Attorney
3501 Noc Blvd Gs Fl Llc $9,250,000 None Available
Dalidowicz Edward J -- Attorney
Dalidowicz Edward J $2,200,000 --
Russell Charles M $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Charles M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2018 06/06/18 Sold $13,878,275 0.0% $2,386 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $13,878,275 +50.0% $2,386 / Sq Ft
04/01/2015 04/01/15 Sold $9,250,000 0.0% $1,544 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $9,250,000 -- $1,544 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $156,009 $9,820,221 -- --
2023 $152,798 $9,534,195 $0 $0
2022 $152,018 $9,256,500 $0 $0
2021 $152,285 $8,986,893 $5,700,300 $3,286,593
2020 $159,737 $9,286,290 $5,700,300 $3,585,990
2019 $174,755 $9,976,107 $0 $0
2018 $131,944 $7,655,649 $6,274,132 $1,381,517
2017 $134,268 $7,527,928 $6,274,132 $1,253,796
2016 $133,683 $7,248,485 $0 $0
2015 $52,126 $2,699,740 $0 $0
2014 $49,357 $2,678,313 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-2110

APN: 20-43-46-03-18-000-0010