NOT LISTED FOR SALE

480 S Beach Rd Hobe Sound, FL 33455

Jupiter Island Neighborhood

Estimated Value: $7,836,000 - $11,783,528

6 Beds
10 Baths
7,608 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $8,000,000 $1,052 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $68,972/month

520 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Garage Apartment
  • South Fork High School Rated A-
  • Gunite Pool
  • Fruit Trees

About This Home

As of November 2020

Located on the south end of Jupiter Island, this magnificent and meticulously maintained property offers convenient and quick access to the south bridge. 480 S Beach Road sits on 200' of direct Intracoastal and features wide water views and more than 7600 sq ft of living space. The house was updated in 2011 and includes 6 bedrooms, 8 full bathrooms, 2 half baths, wine cellar, summer kitchen, a guest house, deeded beach access, impact windows and doors and much much more. Surrounded by beautiful lush tropical landscaping. Deep water dockage over 8' and minutes to Jupiter Inlet with no fixed bridges.

Last Agent to Sell the Property

Susan Turner

The Corcoran Group License #3233443 Listed on: 05/29/2019

The Corcoran Group

Last Buyer's Agent

John Pinkham

Exceptional Properties License #633329

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122,386

Year Built

  • Built in 2001

Lot Details

  • 0.93 Acre Lot
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Fruit Trees

Parking

  • 3 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 7,608 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Decorative Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Den
  • Intracoastal Views

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Home Security System
  • Security Gate
  • Intercom
  • Impact Glass

Outdoor Features

  • Gunite Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Jupiter Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 353842011000001807

Home Details

Home Type

Single Family

Est. Annual Taxes

$122,386

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Beach Road bridge north to 480 S Beach Rd. on left (west) side.
  • Year Built: 2001
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Intercom
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Refrigerator
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Flooring: Marble, Wood
  • Living Area: 7608.0
  • Dining Room Type: Den, Family Room, Garage Apartment, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fruit Trees, Outdoor Grill, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Security: Security System, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 353842011000001807
  • Lot Size Sq Ft: 40533.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 122386.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Nov 27, 2020
Sold by
Shirzad Michael and Shirzad Karin
Bought by
Glisson Todd D and Ss Investment Trust
Seller's Agent
Susan Turner
The Corcoran Group
Buyer's Agent
John Pinkham
Exceptional Properties
List Price
$8,700,000
Sold Price
$8,000,000
Premium/Discount to List
-$700,000
-8.05%
Current Estimated Value
$9,809,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,809,764
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Earsley Steve
Bought by
Shirzad Michael and Shirzad Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,602,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 22, 2005
Sold by
Hobe Sound Management Co
Bought by
Earsley Steve

Purchase Details

Closed on
Apr 30, 1999
Sold by
Scott Anne O'Laughlin
Bought by
Shirzad Michael and Shirzad Karin
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
Glisson Todd D $8,000,000 All Florida Land Title Co
Shirzad Michael $6,575,000 Attorney
Earsley Steve $73,500 --
Shirzad Michael $1,775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shirzad Michael $2,285,000
Previous Owner Shirzad Michael $4,602,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $8,000,000 -8.0% $1,052 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
05/29/2019 05/29/19 For Sale $8,700,000 -- $1,144 / 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
2025 $176,277 $10,110,194 -- --
2024 $166,699 $9,191,086 -- --
2023 $166,699 $8,164,462 $0 $0
2022 $139,317 $7,422,239 $0 $0
2021 $120,030 $6,747,490 $4,050,000 $2,697,490
2020 $120,654 $6,743,650 $3,888,000 $2,855,650
2019 $122,386 $6,779,180 $3,888,000 $2,891,180
2018 $120,537 $6,605,070 $3,928,000 $2,677,070
2017 $120,647 $6,771,520 $3,928,000 $2,843,520
2016 $123,075 $6,803,460 $3,928,000 $2,875,460
2015 $103,990 $6,154,420 $3,280,000 $2,874,420
2014 $103,990 $5,866,450 $2,956,000 $2,910,450
Source: Public Records

Agents Affiliated with this Home

  • Susan Turner

    Seller's Agent in 2020

    Susan Turner

    The Corcoran Group

    (561) 371-8447

    40 in this area

    65 Total Sales

    Susan Turner
    Section Image

  • J

    Buyer's Agent in 2020

    John Pinkham

    Exceptional Properties

    (561) 379-3834

    1 in this area

    26 Total Sales

    John Pinkham
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10534143

BeachesMLS

APN: 35-38-42-011-000-00180-7

Florida Martin County Hobe Sound 33455 Jupiter Island

480 S Beach Rd, Hobe Sound, FL

This home is located at 480 S Beach Rd, Hobe Sound, FL 33455 since 29 May 2019 and is currently estimated at $9,809,764, approximately $1,289 per square foot. This property was built in 2001. 480 S Beach Rd is a home located in Martin County with nearby schools including Hobe Sound Elementary School, Murray Middle School, and South Fork 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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