NOT LISTED FOR SALE

Mizner Grand 450 SE 5th Ave Unit 1002 Boca Raton, FL 33432

Estimated Value: $4,388,000 - $5,775,000

3 Beds
4.5 Baths
4,221 Sq Ft
$2,910/mo HOA Fee

Last Sold April 10, 2015

Last sale price $3,425,000 $811 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $33,459/month

188 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Boca Raton Community Middle School Rated A-
  • Property fronts an intracoastal waterway
  • 5-minute walk to Spanish River Athletic Facilities

About This Home

As of April 2015

RARE FIND INDEED! THE ONLY CENTER STACK 3 BEDROOM TIER WITH THE KITCHEN ON THE INTRACOASTAL. FINE FINISHES AND DETAILS THROUGHOUT THIS SPACIOUS DIRECT INTRACOASTAL MIZNER GRAND RESIDENCE ON THE GROUNDS OF THE FAMED BOCA RATON RESORT AND CLUB. FULL AMENITY BUILDING WITH GATED SECURITY, VALET AND FULL STAFF AND SERVICES. HIGH CEILINGS, STUNNING VIEWS AND MAGNIFICENTLY DECORATED AND MAINTAINED. THE INFORMATION HEREIN IS BELIEVED TO BE ACCURATE BUT IS NOT GUARANTEED AND MAY BE SUBJECT TO ERRORS OR OMISSIONS, AND MAY BE CHANGED WITHOUT NOTICE. ALL MEASUREMENTS ARE APPROXIMATE.

Last Agent to Sell the Property

Scot Karp

Premier Estate Properties Inc License #408963 Listed on: 09/03/2014

Last Buyer's Agent

Jennifer Kilpatrick

The Corcoran Group License #3243987

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,953

Year Built

  • Built in 2000

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $2,910 Monthly HOA Fees

Parking

  • 1 Carport Space
  • Over 1 Space Per Unit
  • Assigned Parking

Property Views

Interior Spaces

  • 4,221 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Bar
  • High Ceiling
  • Blinds
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434729500011002

Community Details

Overview

  • Association fees include management, common areas, cable TV, HVAC, hot water, insurance, pest control, reserve fund, sewer, security, water
  • 138 Units
  • High-Rise Condominium
  • Mizner Grand Subdivision, Custom 3 Bedroom + Floorplan
  • 12-Story Property

Amenities

  • Doorman
  • Sauna
  • Game Room
  • Billiard Room
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,953

Year Built

Built in 2000

Lot Details

0

HOA Fees

$2,910 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: MIZNER GRAND ON THE GROUNDS OF THE BOCA RESORT, ENTER AT 5TH AVENUE GATE, GUARD WILL DIRECT YOU TO MIZNER GRAND GATE
  • Year Built: 2000
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, High Ceilings, Custom Mirrors, Pantry, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Marble
  • Living Area: 4221.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 12
  • Window Features: Blinds, Drapes, Impact Glass, Sliding

Exterior Features

  • View: Intercoastal, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Closed Circuit Camera(s), Door Man, Gated with Guard, Security Guard, Fire Sprinkler System
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2910.0
  • Community Features: Game Room, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, HVAC, Hot Water, Insurance, Pest Control, Reserve Fund, Sewer, Security, Water

Lot Info

  • Parcel #: 06434729500011002
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 38953.0

Multi Family

  • Number Of Units In Community: 138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Apr 9, 2015
Sold by
Woolley William and Woolley Dolores
Bought by
Micati Victor Paul and Micati Elise Beth
Seller's Agent
Scot Karp
Premier Estate Properties Inc
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$3,895,000
Sold Price
$3,425,000
Premium/Discount to List
-$470,000
-12.07%
Current Estimated Value
$4,977,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,552,134
Avg. Annual Appreciation
3.83%

Purchase Details

Listed on
Jun 25, 2013
Closed on
Jul 16, 2013
Sold by
Hershman Barry E
Bought by
Woolley William and Woolley Dolores
Seller's Agent
Veronica Cudmore
VLC Property Group, Inc
List Price
$2,995,000
Sold Price
$2,500,000
Premium/Discount to List
-$495,000
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
Sep 29, 2004
Sold by
Establishmen Osteron
Bought by
Hershman Barry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2001
Sold by
Marina Boca
Bought by
Osteron Foundation
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
Micati Victor Paul $3,425,000 None Available
Woolley William $2,500,000 Attorney
Hershman Barry E $2,896,000 --
Osteron Foundation $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hershman Barry E $2,007,000
Previous Owner Hershman Barry E $300,000
Previous Owner Hershman Barry E $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $3,425,000 -12.1% $811 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
09/03/2014 09/03/14 For Sale $3,895,000 +55.8% $923 / Sq Ft
07/31/2013 07/31/13 Sold $2,500,000 -16.5% $565 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $2,995,000 -- $677 / 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 $48,369 $2,868,409 -- --
2023 $47,349 $2,784,863 $0 $0
2022 $47,019 $2,703,750 $0 $0
2021 $46,910 $2,625,000 $0 $2,625,000
2020 $46,915 $2,625,000 $0 $2,625,000
2019 $48,350 $2,629,062 $0 $0
2018 $45,319 $2,580,041 $0 $0
2017 $45,093 $2,526,975 $0 $0
2016 $45,297 $2,475,000 $0 $0
2015 $38,764 $2,051,280 $0 $0
2014 $38,924 $2,035,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Scot Karp

    Premier Estate Properties Inc

    (561) 394-7700

    149 Total Sales

    Scot Karp
    Section Image
  • Jennifer Kilpatrick

    Buyer's Agent in 2015

    Jennifer Kilpatrick

    The Corcoran Group

    (561) 573-2573

    225 Total Sales

    Jennifer Kilpatrick
    Section Image

  • V

    Seller's Agent in 2013

    Veronica Cudmore

    VLC Property Group, Inc

    (561) 985-0151

    2 Total Sales

    Veronica Cudmore
    Section Image
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About Mizner Grand

Map

Source: BeachesMLS

MLS Number: R10069633

BeachesMLS

APN: 06-43-47-29-50-001-1002

Florida Palm Beach County Boca Raton 33432

450 SE 5th Ave Unit 1002, Boca Raton, FL

This home is located at 450 SE 5th Ave Unit 1002, Boca Raton, FL 33432 since 03 September 2014 and is currently estimated at $4,977,134, approximately $1,179 per square foot. This property was built in 2000. 450 SE 5th Ave Unit 1002 is a home located in Palm Beach County with nearby schools including Boca Raton 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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