$1,922,000
SOLD JUN 28, 2012
4 Beds
5 Baths
4,344 Sq Ft
0.94 Acres

Recently Sold

$442 Per Sq Ft

3 Days on Market

Highlights

  • Ocean Front
  • Marble Flooring
  • Lanai
  • Outdoor Pool
  • Bermuda Architecture
  • No HOA

About This Home

As of May 2025

Incredible Bermuda style estate on almost one full acre in the heart of Gulf Stream located directly across the street from the Atlantic Ocean and close to Gulf Stream School. Many amenities and features include custom beamed ceilings, wood floors, private master suite, media room, two-car garage and large pool with spa. A rare opportunity in the heart of Gulf Stream.

Last Agent to Sell the Property

RANDOLPH ELY

The Corcoran Group Listed on: 06/19/2012

Co-Listed By

NICHOLAS MALINOSKY

The Corcoran Group

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman-Delray Beach License #SL-3103961

Douglas Elliman-Delray Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,657

Year Built

  • Built in 1959

Lot Details

  • Ocean Front
  • West Facing Home
  • Property is zoned RS

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 4,344 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Dining Area
  • Library

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bermuda Heights Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 20434603010000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,657

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 200
  • Subdivision Name: Bermuda Heights
  • Directions: A1A to Sea Road, west to Bermuda Lane
  • Architectural Style: Bermuda, Two Story
  • Garage Yn: Yes
  • Year Built: 1959
  • Location Tax Legal:Zoned: RS
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 17657.0
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Living Area: 4344.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 200
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • Style:Two Story: Yes
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • HOA:None: Yes
  • Exposure:West: Yes
  • Waterfront:Ocean-Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Ice Maker, Range-Electric, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Fireplace
  • Living Area: 4344.0
  • Window Features: Other
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean-Across Street
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, Frame
  • Exterior Features: Balcony, Patio/Lanai
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 20434603010000030
  • Zoning: RS

Tax Info

  • Tax Annual Amount: 17657.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
May 30, 2025
Sold by
Wilkins Andrew Charles
Bought by
Peterson Trust and Peterson
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Cole Devitt
Premier Estate Properties, Inc
List Price
$9,995,000
Sold Price
$8,500,000
Premium/Discount to List
-$1,495,000
-14.96%
Views
56
Current Estimated Value
$8,699,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,003
Avg. Annual Appreciation
8.31%
Original Mortgage
$6,800,000
Outstanding Balance
$6,752,800
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$1,946,203

Purchase Details

Listed on
Oct 26, 2017
Closed on
Mar 29, 2018
Sold by
Cade Cassius and Cade Christie
Bought by
Wilkins Andrew Charles
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Lucy Bauer
Brown Harris Stevens of PB
List Price
$3,995,000
Sold Price
$3,600,000
Premium/Discount to List
-$395,000
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$12,800,000
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 19, 2012
Closed on
Jun 28, 2012
Sold by
Locke Wilson W and Locke Eva Marie
Bought by
Cade Cassius and Cade Christie
Seller's Agent
RANDOLPH ELY
The Corcoran Group
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman-Delray Beach
List Price
$1,922,000
Sold Price
$1,922,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%
Original Mortgage
$675,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 1995
Sold by
Brown Gladys B and Flynn Litha Y
Bought by
Locke Wilson W and Locke Eva Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.43%

Purchase Details

Closed on
Oct 9, 1993
Sold by
Brown Gladys T
Bought by
Brown Gladys B and Brown Gladys T
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 Type Sale Price Title Company
Warranty Deed $8,500,000 None Listed On Document
Warranty Deed $3,600,000 Attorney
Warranty Deed $1,922,000 Universal Land Title Llc
Warranty Deed $620,000 --
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,800,000 New Conventional
Previous Owner $12,800,000 Adjustable Rate Mortgage/ARM
Previous Owner $675,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $322,700 Credit Line Revolving
Previous Owner $350,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $8,500,000 -15.0% $1,957 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
11/07/2024 11/07/24 For Sale $9,995,000 +177.6% $2,301 / Sq Ft
03/29/2018 03/29/18 Sold $3,600,000 -9.9% $829 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
10/26/2017 10/26/17 For Sale $3,995,000 +107.9% $920 / Sq Ft
06/28/2012 06/28/12 Sold $1,922,000 0.0% $442 / Sq Ft
06/28/2012 06/28/12 Sold $1,922,000 0.0% $442 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $1,922,000 -16.3% $442 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $2,295,000 -- $528 / 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 $43,949 $2,786,467 -- --
2023 $43,031 $2,705,308 $0 $0
2022 $42,793 $2,626,513 $0 $0
2021 $44,663 $2,550,013 $0 $0
2020 $44,694 $2,514,806 $1,958,400 $556,406
2019 $45,302 $2,505,158 $1,920,000 $585,158
2018 $29,911 $1,662,898 $0 $0
2017 $30,273 $1,628,695 $0 $0
2016 $30,619 $1,595,196 $0 $0
2015 $32,092 $1,581,625 $0 $0
2014 $30,491 $1,569,072 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-1439

APN: 20-43-46-03-01-000-0030