NOT LISTED FOR SALE

Estimated Value: $6,910,000 - $8,164,000

4 Beds
7 Baths
5,701 Sq Ft
$1,327/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $4,495,000 $788 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $47,689/month

8 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Impact Glass
  • Beacon Cove Intermediate School Rated A-
  • Marble Flooring
  • Library

About This Home

As of April 2021

From the moment you enter this spectacular, one level 4 BD/5.2 BA you are captivated by its high ceilings and oversized windows overlooking the stunning intercostal view. The beautifully designed pool makes you feel like you are in a tropical paradise and the house has a wonderful flow. Features include a stunning office/library, marble baths and floors, three fireplaces (1 outdoor), 3 car garage, and a chefs kitchen with an oversized island making it perfect for all of your entertaining needs. Admirals Cove is ultimate luxury resort living experience with championship golf courses, gourmet restaurants, hotel, salon, a yacht club and more.

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 02/03/2021

The Corcoran Group

Co-Listed By

Paulette Koch

The Corcoran Group License #3068398

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,480

Year Built

  • Built in 1998

Lot Details

  • 0.55 Acre Lot
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Gated Home

Parking

  • 3 Car Garage

Home Design

  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,701 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Library
  • Marble Flooring
  • Impact Glass

Kitchen

  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Dock has access to water

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30434117030006030

Community Details

Overview

  • Tropic Isle Subdivision
  • Mandatory Home Owners Association

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,480

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 101
  • Subdivision Name: Tropic Isle
  • Year Built: 1998
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 53480.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 5701.0
  • 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
  • General Property Description:Lot Dim (1): 101
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 23958
  • Style:One Story: Yes
  • Exposure:East: Yes
  • Security:Gate House: Yes
  • Security:Security Guards: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Dock:Water at Dock: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Marble
  • Interior Amenities: Pantry
  • Living Area: 5701.0
  • Window Features: Impact Glass-Full
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Stucco, Block
  • Roof: Cement Tile
  • Construction:Cement BlockStucco: Yes

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Security: Gate House, Security Guards
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 30434117030006030

Tax Info

  • Tax Annual Amount: 53480.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 15, 2021
Sold by
Feinberg Sandi
Bought by
Landow Michael and Landow Dana
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$4,495,000
Sold Price
$4,495,000
Current Estimated Value
$7,563,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,068,588
Avg. Annual Appreciation
11.84%
Original Mortgage
$2,921,750
Outstanding Balance
$2,609,559
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$4,954,029

Purchase Details

Closed on
Aug 15, 1997
Sold by
Lisec O Theodore
Bought by
Feinberg Herbert and Feinberg Sandi

Purchase Details

Closed on
Apr 18, 1994
Sold by
Bobrow Arthur S and Bobrow Sandra
Bought by
Lisec O Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Landow Michael $4,495,000 Trident Title
Feinberg Herbert $786,800 --
Lisec O Theodore $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landow Michael $2,921,750
Previous Owner Lisec O Theodore $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $4,495,000 0.0% $788 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $4,495,000 -- $788 / 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
2025 $96,735 $5,907,887 -- --
2024 $96,735 $5,714,885 -- --
2023 $83,845 $4,573,740 $0 $0
2022 $74,805 $4,157,945 $0 $0
2021 $63,915 $4,009,409 $2,800,000 $1,209,409
2020 $53,480 $2,847,471 $1,840,000 $1,007,471
2019 $60,415 $3,176,046 $2,200,000 $976,046
2018 $55,521 $3,003,003 $2,011,647 $991,356
2017 $56,538 $2,992,401 $1,880,043 $1,112,358
2016 $56,000 $2,887,178 $0 $0
2015 $56,149 $2,802,320 $0 $0
2014 $52,926 $2,580,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-194

APN: 30-43-41-17-03-000-6030