NOT LISTED FOR SALE

4038 S Ocean Blvd Highland Beach, FL 33487

Estimated Value: $3,569,626 - $4,743,000

5 Beds
4 Baths
4,127 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $1,600,000 $388 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $25,762/month

535 Days on Market

Highlights

  • Property has ocean access
  • Dock has access to electricity and water
  • River Front
  • Boca Raton Community Middle School Rated A-
  • Outdoor Pool
  • Marble Flooring

About This Home

As of March 2012

This former model, 4 bedroom, pristine home is offered in move in condition and located just yards from both the Ocean and Intracoastal. Deeded beach access and private 30' dock make this home a great value! Newly constructed home boasts a walk-in wine cellar, formal dining room, en suite baths, marble floors, and impact glass. Unique lot overlooks wildlife preserve w/ herons, egrets, &more

Last Agent to Sell the Property

ELIZABETH BRIDGES

The Corcoran Group Listed on: 08/13/2010

Co-Listed By

Bill Yahn

The Corcoran Group License #3158295

Last Buyer's Agent

Elizabeth Bridges

Douglas Elliman License #SL-3120252

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,924

Year Built

  • Built in 2003

Lot Details

  • River Front
  • Home has North and South Exposure
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RSF

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,127 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Dock has access to electricity and water
  • Dock made with concrete
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Ocean Cove Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24434704550000190

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,924

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 130
  • Subdivision Name: Ocean Cove
  • Architectural Style: Mediterranean, Two Story
  • Year Built: 2003
  • Location Tax Legal:Zoned: RSF
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 27923.89
  • Location Tax Legal:Tax Year2: 2009
  • General Property Description:Living Area: 4127.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 130
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Style:Mediterranean: Yes
  • Dock:Electric at Dock: Yes
  • Waterfront:Riverfront: Yes
  • Dock:Concrete: Yes
  • Dock:Water at Dock: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Total Bedrooms: 5
  • Flooring: Marble, W/W Carpeting
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Fireplace, Smoke Detectors, Storage, Wndw Trmnts Included
  • Living Area: 4127.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Riverfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Built-in Grill, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Built-in Grill: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Security System, Other Security
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 24434704550000190
  • Zoning: RSF

Tax Info

  • Tax Annual Amount: 27923.89
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2010
Closed on
Mar 19, 2012
Sold by
Andrews Raymond B and Andrews Janet S
Bought by
Weber R Jack and R Jack Weber Trust
Seller's Agent
ELIZABETH BRIDGES
The Corcoran Group
Buyer's Agent
ELIZABETH BRIDGES
The Corcoran Group
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$4,261,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,661,407
Avg. Annual Appreciation
7.48%
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
Weber R Jack $1,200,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2012 03/19/12 Sold $1,600,000 +25.0% $388 / Sq Ft
03/19/2012 03/19/12 Sold $1,280,000 -20.0% $310 / Sq Ft View Prior Sale
02/18/2012 02/18/12 Pending -- -- --
01/30/2012 01/30/12 Pending -- -- --
08/13/2010 08/13/10 For Sale $1,600,000 -30.3% $388 / Sq Ft
01/08/2010 01/08/10 For Sale $2,295,000 -- $556 / 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 $38,022 $2,205,796 -- --
2023 $37,938 $2,005,269 $0 $0
2022 $34,469 $1,822,972 $0 $0
2021 $28,270 $1,657,247 $660,000 $997,247
2020 $28,234 $1,623,367 $475,000 $1,148,367
2019 $30,076 $1,738,833 $575,000 $1,163,833
2018 $25,435 $1,496,340 $487,750 $1,008,590
2017 $27,176 $1,574,694 $464,524 $1,110,170
2016 $28,809 $1,592,646 $0 $0
2015 $28,646 $1,447,860 $0 $0
2014 $26,138 $1,316,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 10-1982

APN: 24-43-47-04-55-000-0190