NOT LISTED FOR SALE

Estimated Value: $1,411,000 - $2,515,660

5 Beds
4.5 Baths
3,692 Sq Ft
$478/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $1,400,000 $379 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $12,630/month

113 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Heated Pool
  • Lake View
  • Indian Trace Elementary School Rated A
  • Gated Community
  • Marble Flooring

About This Home

As of August 2024

Beautiful home located in Palm Island, one of the most sought-after neighborhoods in south Florida. This spacious, single story, 5 bedroom, 4.5 bath residence features high ceilings, abundance of natural light, 2 car garage, marble flooring, new refrigerator, new dishwasher and stove top. Newer roof and air conditioning system (2019). Enjoy spectacular water views from inside the home and from your screened in patio / pool (includes hot tub) area. Home sits on a premium lakefront lot providing privacy and security. This prestigious guard-gated Weston community is very close to parks, playgrounds, shopping centers, restaurants, the Weston country club and top rated schools.

Last Agent to Sell the Property

Timothy Ryan

Galt Ocean Realty Inc License #3327020 Listed on: 04/29/2024

Galt Ocean Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,923

Year Built

  • Built in 1990

Lot Details

  • 0.39 Acre Lot
  • 100 Feet of Waterfront
  • East Facing Home
  • Property is zoned RE

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Spanish Tile Roof
  • Composition Roof

Interior Spaces

  • 3,692 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Fireplace
  • Screened Porch
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 504018030830

Community Details

Overview

  • Association fees include common area maintenance, ground maintenance, security
  • Sector 6 141 21 B Subdivision
  • Maintained Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,923

Year Built

Built in 1990

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Blvd to Bayside Lane - After Guardhouse take a left, follow to Coconut Circle
  • Year Built: 1990
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Dual Sinks, First Floor Entry, Fireplace, Kitchen Island, Separate Shower, Bar
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Private Spa: Yes
  • Spa Features: Hot Tub
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 3692.0
  • Dining Room Type: Other

Exterior Features

  • Exterior Features: Enclosed Porch, Outdoor Shower, Patio, Storm/Security Shutters
  • View: Lake, Water
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Heated, In Ground, Pool, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle, Spanish 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

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee: 800.0
  • Community Features: Gated, Home Owners Association, Maintained Community
  • Senior Community: No
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Grounds, Security

Lot Info

  • Parcel #: 504018030830
  • Lot Size Sq Ft: 17108.0
  • Zoning Description: RE
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 21923.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Aug 20, 2024
Sold by
Eileen T Nichols Family Irrevocable Trus and Nichols Pamela A
Bought by
Franco Juan
Seller's Agent
Timothy Ryan
Galt Ocean Realty Inc
List Price
$1,640,000
Sold Price
$1,400,000
Premium/Discount to List
-$240,000
-14.63%
Views
37
Current Estimated Value
$1,825,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,482
Avg. Annual Appreciation
30.78%

Purchase Details

Closed on
May 16, 2023
Sold by
Nichols Joseph J and Nichols Eileen
Bought by
Eileen T Nichols Family Irrevocable Trust

Purchase Details

Closed on
Dec 1, 1990
Sold by
Available Not
Bought by
Available Not
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 Buyer Sale Price Title Company
Franco Juan $1,400,000 Gibraltar Title Services
Eileen T Nichols Family Irrevocable Trust -- None Listed On Document
Available Not $346,093 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nichols Joseph J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $1,400,000 -10.3% $379 / Sq Ft
07/09/2024 07/09/24 Price Changed $1,560,000 -4.9% $423 / Sq Ft
04/29/2024 04/29/24 For Sale $1,640,000 -- $444 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $27,367 $1,397,830 $205,300 $1,192,530
2024 $21,923 $1,397,830 $205,300 $1,192,530
2023 $21,923 $996,760 $0 $0
2022 $18,545 $906,150 $0 $0
2021 $16,792 $823,780 $205,300 $618,480
2020 $16,371 $811,300 $205,300 $606,000
2019 $15,210 $747,520 $205,300 $542,220
2018 $15,395 $776,490 $205,300 $571,190
2017 $15,293 $801,460 $0 $0
2016 $14,630 $740,680 $0 $0
2015 $14,201 $673,350 $0 $0
2014 $12,882 $612,140 $0 $0
2013 -- $582,380 $205,300 $377,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10436978

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-18-03-0830