NOT LISTED FOR SALE

Estimated Value: $7,503,000 - $16,100,682

5 Beds
7.5 Baths
10,134 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $14,000,000 $1,381 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $77,390/month

25 Days on Market

Highlights

  • 111 Feet of Waterfront
  • Boat Ramp
  • Golf Course Community
  • Beacon Cove Intermediate School Rated A-
  • Property has ocean access
  • Gated with Attendant

About This Home

As of November 2021

Modern sleek design with dramatic open spaces, soaring ceilings and water views from almost every room. This completely renovated home located in the prestigious Admirals Cove with 110 feet water frontage that can accommodate a 80 foot boat. Resort styled back yard with an expansive covered porch, full summer kitchen, Euro edge infinity pool & spa, fire pit, expanded dock. The home boasts 10,235 square feet under air with 5 en suite bedrooms, Hurricane Impact windows and doors, 2 master suites on the first floor with custom walk-in closets. Gourmet chef's kitchen custom cabinetry and top-of-the-line appliances including Gas Wolf stove, double oven, Subzero refrigerator, and oversized pantry. See supplemental...

Last Agent to Sell the Property

Jane Letsche

NV Realty Group, LLC License #3337584 Listed on: 10/06/2021

NV Realty Group, LLC

Last Buyer's Agent

Robert Thomson

Waterfront Properties & Club C License #0465514

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,857

Year Built

  • Built in 1999

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 100 x 240x111x 225
  • 111 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 10,134 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • High Ceiling
  • Tinted Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Recreation Room
  • Impact Glass

Kitchen

  • Gas Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Gunite Pool
  • Pool is Self Cleaning
  • Automatic Pool Chlorinator
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30434118070005460

Community Details

Overview

  • Association fees include common areas, cable TV, security, internet
  • Private Membership Available
  • Admirals Cove Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Business Center
  • Community Wi-Fi

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Putting Green
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,857

Year Built

Built in 1999

Lot Details

0

HOA Fees

$800 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Alternate A1A to Admirals Cove Boulevard, 1st right on Clipper, right on Eagle, home on the right before Cul-De-Sac.
  • Year Built: 1999
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, High Ceilings, Kitchen/Dining Combo, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 10134.0
  • Dining Room Type: Den, Family Room, Great Room, In-Law Suite, Laundry, Recreation
  • Stories: 2
  • Window Features: Impact Glass, Tinted Windows

Exterior Features

  • Exterior Features: Balcony, Deck, Outdoor Grill, Patio
  • View: Canal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Automatic Chlorination, Concrete, Cleaning System, Gunite, Other, Pool Equipment, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 800.0
  • Community Features: Boat Facilities, Clubhouse, Golf, Golf Course Community, Gated, Internet Access, Pickleball, Pool, Sauna, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Business Center, Clubhouse, Golf Course, Pickleball, Private Membership, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security, Internet

Lot Info

  • Parcel #: 30434118070005460
  • Lot Size: 100 x 240x111x 225
  • Lot Size Sq Ft: 24502.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 91857.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Oct 29, 2021
Sold by
Ulm William Lee and Ulm Marcia Lester
Bought by
Johnson Dustin H
Seller's Agent
Jane Letsche
NV Realty Group, LLC
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$15,900,000
Sold Price
$14,000,000
Premium/Discount to List
-$1,900,000
-11.95%
Current Estimated Value
$10,583,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,416,773
Avg. Annual Appreciation
-8.24%
Original Mortgage
$12,500,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 17, 2021
Sold by
Aiello Benjamin and Aiello Bernadette
Bought by
Ulm Marcia Lester and Ulm William Lee
Seller's Agent
Donna Hutchins
Douglas Elliman (Jupiter)
Buyer's Agent
Jane Letsche
NV Realty Group, LLC
List Price
$13,000,000
Sold Price
$12,650,000
Premium/Discount to List
-$350,000
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.66%

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jun 28, 2019
Sold by
Hochman Cynthia and Hochman Cynthia
Bought by
Ajello Benjamin
Seller's Agent
Donna Hutchins
Douglas Elliman (Jupiter)
Buyer's Agent
Donna Hutchins
Douglas Elliman (Jupiter)
List Price
$6,495,000
Sold Price
$2,815,000
Premium/Discount to List
-$3,680,000
-56.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.46%

Purchase Details

Closed on
May 27, 1999
Sold by
Hochman Neal S and Hochman Cynthia Hochman
Bought by
Hochman Neal S

Purchase Details

Closed on
Jul 17, 1998
Sold by
G Mustapick Enterprs Inc
Bought by
Hochman Neal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 1995
Sold by
Schultz Ivan and Schultz Elaine
Bought by
G Mustapick Ent Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
8.81%
Source: Public Records

Range of Values:

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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
Johnson Dustin H $14,000,000 Assured Title Agency
Ulm Marcia Lester $12,650,000 Attorney
Ajello Benjamin $2,815,000 Attorney
Hochman Neal S $100 --
Hochman Neal S $1,100,000 --
G Mustapick Ent Inc $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Dustin H $10,000,000
Closed Ulm William Lee $12,500,000
Previous Owner Hochman Neal S $3,200,000
Previous Owner Hochman Neal S $1,900,000
Previous Owner G Mustapick Ent Inc $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $14,000,000 -11.9% $1,381 / Sq Ft
10/06/2021 10/06/21 For Sale $15,900,000 +25.7% $1,569 / Sq Ft
05/17/2021 05/17/21 Sold $12,650,000 -2.7% $1,236 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $13,000,000 +361.8% $1,270 / Sq Ft
06/28/2019 06/28/19 Sold $2,815,000 -56.7% $288 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
12/14/2017 12/14/17 For Sale $6,495,000 -- $664 / 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 $227,094 $13,376,732 -- --
2023 $224,740 $12,987,118 $4,700,000 $8,287,118
2022 $205,658 $11,449,276 $0 $0
2021 $109,698 $5,985,227 $0 $0
2020 $91,857 $4,897,424 $1,840,000 $3,057,424
2019 $61,064 $3,250,814 $0 $0
2018 $58,214 $3,190,200 $0 $0
2017 $58,255 $3,124,584 $0 $0
2016 $58,558 $3,060,317 $0 $0
2015 $60,067 $3,039,044 $0 $0
2014 $60,963 $3,014,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10750274

BeachesMLS

APN: 30-43-41-18-07-000-5460