NOT LISTED FOR SALE

4221 S Ocean Blvd Highland Beach, FL 33487

Estimated Value: $7,019,000 - $9,663,995

6 Beds
5.5 Baths
7,194 Sq Ft
$1,160/Sq Ft Est. Value

Last Sold May 06, 2014

Last sale price $6,500,000 $904 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $58,788/month

1,157 Days on Market

Highlights

  • Ocean Front
  • Newly Remodeled
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Heated Pool
  • High Ceiling

About This Home

As of May 2014

ONE OF BEST BUYS ON THE OCEAN!!!This Estate was redone in 2006 and features fabulous walls of impact glass sliders that open the entire beachside of home, open floorplan, gorgeous kitchen and baths, master suite w/ sitting area & fireplace-offered fully furnished New Ocean Seawall

Last Agent to Sell the Property

Joyce Schneider

Castles By The Beach, Inc. License #486306 Listed on: 02/03/2011

Last Buyer's Agent

Joyce Schneider

Castles By The Beach, Inc. License #486306 Listed on: 02/03/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,370

Year Built

  • Built in 1992 | Newly Remodeled

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 7,194 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Bar
  • High Ceiling
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Den
  • Ocean Views
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Patio
  • Enclosed Glass Porch

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Highland Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24434704000060080

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,370

Year Built

Built in 1992 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 1/4 MILE NORTH OF SPANISH RIVER BLVD ON THE OCEAN
  • Year Built: 1992
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, High Ceilings, Pantry, Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 7194.0
  • Dining Room Type: Den, Family Room, Porch
  • Stories: 2
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Patio
  • View: Ocean
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Direction Faces: West
  • Patio And Porch Features: Glass Enclosed, Patio, Porch
  • Property Condition: New Construction
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 24434704000060080
  • Zoning Description: RES

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 77370.0

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2011
Closed on
Mar 21, 2014
Sold by
Mamin Marat
Bought by
Dowd John
Seller's Agent
Joyce Schneider
Castles By The Beach, Inc.
Buyer's Agent
Joyce Schneider
Castles By The Beach, Inc.
List Price
$8,800,000
Sold Price
$6,500,000
Premium/Discount to List
-$2,300,000
-26.14%
Total Days on Market
1157
Current Estimated Value
$8,341,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,841,498
Avg. Annual Appreciation
2.26%
Original Mortgage
$4,500,000
Interest Rate
1.94%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 2008
Sold by
Highland Beach Llc
Bought by
Mamin Marat

Purchase Details

Closed on
Jul 31, 2007
Sold by
Patek Robert C and Patek Robert
Bought by
Highland Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 7, 2007
Sold by
Highland Beach Llc
Bought by
Patek Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Cowpland Marlen T
Bought by
Highland Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Dowd John $6,500,000 Attorney
Mamin Marat $8,200,000 Attorney
Highland Beach Llc -- Attorney
Patek Robert -- Attorney
Highland Beach Llc $3,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowd John $4,500,000
Previous Owner Patek Robert $5,000,000
Previous Owner Highland Beach Llc $3,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2014 05/06/14 Sold $6,500,000 -26.1% $904 / Sq Ft
04/06/2014 04/06/14 Pending -- -- --
02/03/2011 02/03/11 For Sale $8,800,000 -- $1,223 / 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 $174,755 $10,036,489 -- --
2023 $163,277 $9,124,081 $0 $0
2022 $142,784 $8,294,619 $0 $0
2021 $127,997 $7,540,563 $4,800,000 $2,740,563
2020 $124,132 $7,171,242 $4,400,000 $2,771,242
2019 $123,051 $6,917,918 $4,000,000 $2,917,918
2018 $109,645 $6,569,189 $3,985,854 $2,583,335
2017 $105,540 $6,601,093 $3,985,854 $2,615,239
2016 $97,236 $5,314,881 $0 $0
2015 $90,438 $4,831,710 $0 $0
2014 $92,596 $4,676,924 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce Schneider

    Seller's Agent in 2014

    Joyce Schneider

    Castles By The Beach, Inc.

    (561) 212-4403

    5 in this area

    72 Total Sales

    Joyce Schneider
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Map

Source: BeachesMLS

MLS Number: R3172621

BeachesMLS

APN: 24-43-47-04-00-006-0080

Florida Palm Beach County Highland Beach 33487

4221 S Ocean Blvd, Highland Beach, FL

This home is located at 4221 S Ocean Blvd, Highland Beach, FL 33487 since 03 February 2011 and is currently estimated at $8,341,498, approximately $1,159 per square foot. This property was built in 1992. 4221 S Ocean Blvd is a home located in Palm Beach County with nearby schools including J. C. Mitchell Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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