NOT LISTED FOR SALE

3501 N Ocean Blvd Delray Beach, FL 33483

Estimated Value: $8,168,000 - $16,483,633

5 Beds
7 Baths
5,816 Sq Ft
$2,119/Sq Ft Est. Value

Last Sold May 31, 2018

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

Est. 11% decrease in value since last sale

Current estimated payment $78,865/month

222 Days on Market

Highlights

  • Ocean View
  • Built in 2017 | Newly Remodeled
  • Sitting Area In Primary Bedroom
  • Property has ocean access
  • Heated In Ground Pool
  • Waterfront

About This Home

As of May 2018

Completely Rebuilt in 2017... 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 ceiling 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 #582187 Listed on: 10/19/2017

The Corcoran Group

Co-Listed By

Phillip Friis

The Corcoran Group License #3297432

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 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 105 x 400
  • Waterfront
  • West Facing Home
  • Sprinkler System
  • Property is zoned RS-B

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Pool

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 5,816 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Decorative Fireplace
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer
  • Laundry Tub

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features
  • Accessible Entrance

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • Seawall
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area
  • Outdoor Kitchen
  • Exterior Lighting
  • Built-In Barbecue

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Three-Phase Power
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

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 2017 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North of George Bush Blvd. to 3501
  • Year Built: 2017
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Family/Dining Room, Kitchen/Dining Combo, Custom Mirrors, Multiple En Suite Bathrooms, Pantry, Sitting Area in Primary, Split Bedrooms, Soaking Tub, Separate Shower, Upper Level Primary
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Microwave, Oven, Refrigerator, Washer
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed, Accessible Entrance
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Living Area: 5816.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 2
  • Window Features: Casement Window(s), Sliding

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
  • View: Ocean, Pool
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Heated, In Ground, Outside Bath Access, Pool Equipment, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Shoreline - Sand, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Covered, Open, Patio, Porch, Balcony
  • Property Condition: New Construction
  • Roof: Concrete, Flat, Tile

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet, Laundry Tub
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 20434603180000010
  • Lot Size: 105 x 400
  • Mobile Dim Units: Feet
  • Zoning: RS-B

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 134797.0

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
$12,325,817

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
$16,450,000
Sold Price
$13,878,275
Premium/Discount to List
-$2,571,725
-15.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.51%

Purchase Details

Listed on
Jan 20, 2015
Closed on
Mar 31, 2015
Sold by
Dalidowicz Edward J
Bought by
3501 Noc Blvd Gs Fl Llc
Seller's Agent
Thor Brown
Compass Florida LLC
Buyer's Agent
Candace Friis
The Corcoran Group
List Price
$9,995,000
Sold Price
$9,250,000
Premium/Discount to List
-$745,000
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Sold $13,878,275 -15.6% $2,386 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $16,450,000 +77.8% $2,828 / Sq Ft
04/01/2015 04/01/15 Sold $9,250,000 -7.5% $1,544 / Sq Ft View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $9,995,000 -- $1,669 / 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 $156,009 $10,105,007 -- --
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: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10374703

BeachesMLS (Greater Fort Lauderdale)

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

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