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

Recently Sold

$442 Per Sq Ft

16% Below List Price

45 Days on Market

Highlights

  • Home Theater
  • Vaulted Ceiling
  • Garden View
  • Private Pool
  • Marble Flooring
  • Breakfast Area or Nook

About This Home

As of May 2025

Incredible Bermuda style estate on almost one full acre in the heart of Gulf Stream on Bermuda Lane directly across the street from the Atlantic Ocean and close to Gulf Stream school. Rare opportunity to own almost an acre of land in the heart of Gulf Stream. This 1950's Bermuda style residence is full of light and charm. Interior features include a beautiful open kitchen with cathedral ceilings along with eat-in area; open dining and living rooms with French doors and custom beamed ceilings; volume ceilings; wood floors; private second floor master with tray ceilings, separate his-and-her baths and closets, and spacious balcony overlooking the pool and yard; and an additional media room which can be converted into a fifth bedroom if needed. There are ... (see supplement for full remarks)

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 04/13/2012

Douglas Elliman

Co-Listed By

Randolph Ely

Douglas Elliman License #563399

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 04/13/2012

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,657

Year Built

  • Built in 1959

Lot Details

  • West Facing Home
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 4,344 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Awning
  • Entrance Foyer
  • Family Room
  • Florida or Dining Combination
  • Home Theater
  • Garden Views
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Bermuda Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20434603010000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,657

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A to Sea Road, west to Bermuda Lane
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Fireplace, High Ceilings, Split Bedrooms, Stacked Bedrooms, Vaulted Ceiling(s), Intercom
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Wood
  • Living Area: 4344.0
  • Dining Room Type: Family Room, Media Room
  • Stories: 2

Exterior Features

  • Exterior Features: Awning(s), Patio
  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Frame
  • Direction Faces: West
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Other Equipment: Intercom
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 20434603010000030
  • Zoning Description: RS

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 17657.0

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: 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 $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: BeachesMLS

MLS Number: R3274104

BeachesMLS

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