NOT LISTED FOR SALE

50 River Dr Boynton Beach, FL 33435

Estimated Value: $6,229,000 - $9,059,000

6 Beds
6 Baths
5,273 Sq Ft
$1,447/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $7,325,000 $1,389 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $50,638/month

14 Days on Market

Highlights

  • 190 Feet of Waterfront
  • Dock has access to electricity
  • Pool and Spa
  • Property has ocean access
  • Media Room
  • 3-minute walk to Ocean Ridge Hammock Park

About This Home

As of June 2021

This recently built, custom home in Ocean Ridge reigns over a whopping 190' of water frontage on a secluded point lot. The home comes equipped with every luxury appointment that even the most discriminating Buyer can not ignore! This is a luxurious ''Smart'' home with state-of-the-art technology has 6 bedrooms and 5.5 baths. It features all the conveniences and upscale amenities you expect in an exquisite residence. You'll love the open floor plan which includes a media room and large playroom, custom fireplace and wet bar for easy entertaining. The gorgeous gourmet kitchen provides a center island area for prep, fabulous counter space, top of the line stainless steel appliances and custom cabinetry for storage. There are two master suites, one on each level with an elevator to take you between the upper and lower levels

Water views are yours throughout the home, and the family amenities include a resort style pool, hot tubs, fire urns, and beautiful sunset views over the water.
If boating and water sports are your passions, this home offers deep water dockage for boats up to 70' with ocean access just a 1/2 mile trip to the Boynton Beach Inlet. It all adds up to the perfect getaway for a life of luxury living along the waters of the Intracoastal.

You may also enjoy taking your paddle board out to enjoy the early morning birds along the Intracoastal, or if you prefer the fast lane, jump into a kayak and enjoy the quiet journey at your own speed. Either way, you can always find something of interest and fun to do on the water just outside your door. For beach lovers, you'll have direct access to the warm sand and water located just across the street from your home.

In addition to living in the quiet, secure, upscale community of Ocean Ridge, other amenities include a 2+ car garage with a custom gym that includes monkey bars and rings for your private workouts. World class fine dining and shopping is available in nearby Boca Raton and along Worth Avenue in prestigious Palm Beach, and the Palm Beach International Airport is just a short drive from your luxury home.

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 05/28/2021

The Corcoran Group

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,723

Year Built

  • Built in 2018

Lot Details

  • 0.35 Acre Lot
  • 190 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • East Facing Home
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,273 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Living Room
  • Dining Room
  • Media Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead
  • Dock has access to electricity
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Mccormick Mile Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 46434522090000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,723

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: 191
  • Subdivision Name: McCormick Mile
  • Directions: East on Ocean Avenue to N Ocean Blvd, head north to River Drive, turn left to property
  • Above Grade Finished Sq Ft: 6836.84
  • Garage Yn: Yes
  • Year Built: 2018
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 55723.28
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 5273.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: 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): 191
  • Floors:Hardwood: Yes
  • Style:Two Story: Yes
  • Windows:Sliding: Yes
  • General Property Description:Lot SqFt: 15246
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass-Partial: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Other Materials2: Yes
  • General Property Description:Waterfront Ftg: 190.0
  • Waterfront:Intracoastal-Direct: Yes
  • Lot Size:Cul-De-Sac Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Living Area: 5273.0
  • Window Features: Wndw Trmnts Included, Impact Glass-Partial, Sliding
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF, Cul-De-Sac Lot
  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Waterfront Features: Seawall/Bulkhead, Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Stucco, Block
  • Exterior Features: Balcony, Fence-Back Wall, Ocean Access-No Deed, Built-in Grill, Impact Doors, Impact Windows
  • Patio And Porch Features: Patio/Lanai
  • Roof: Other
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Garage: Yes

Utilities

  • Security: No Security, Other Security
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: City Water
  • Water/Sewer/Septic: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 15246.0
  • Parcel #: 46434522090000500
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 55723.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2025
Sold by
Lester S Miller Jr Revocable Trust and Miller Kathleen V
Bought by
Lester S Miller Jr Revocable Trust and Miller
Current Estimated Value
$7,629,092

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 25, 2021
Sold by
Petersen Jeffrey and Petersen Patricia
Bought by
Miller Kathleen V and Miller Lester S
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$7,325,000
Sold Price
$7,325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Apr 22, 2010
Sold by
Biancardi Osvaldo and Biancardi Lisa J
Bought by
Petersen Jeffrey

Purchase Details

Closed on
Mar 28, 2003
Sold by
Torricini Angelo
Bought by
Biancardi Osvaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.82%

Purchase Details

Closed on
Apr 15, 2002
Sold by
Locastro Nicholas
Bought by
Torricini Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 13, 1996
Sold by
Senyshyn Jurij
Bought by
Locastro Nicholas

Purchase Details

Closed on
Jan 26, 1996
Sold by
Winter William Browne and Senyshyn Wolodymyr Senyshyn
Bought by
Spire Ridge Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lester S Miller Jr Revocable Trust -- None Listed On Document
Lester S Miller Jr Revocable Trust -- None Listed On Document
Miller Kathleen V $7,325,000 None Available
Petersen Jeffrey $1,000,000 Attorney
Biancardi Osvaldo $1,120,000 Southeastern Alliance Title
Torricini Angelo $225,000 --
Locastro Nicholas $450,000 --
Senyshyn Jurij $100 --
Spire Ridge Ltd $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Biancardi Osvaldo $400,000
Previous Owner Torricini Angelo $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $7,325,000 0.0% $1,389 / Sq Ft
06/25/2021 06/25/21 Sold $7,325,000 0.0% $1,389 / Sq Ft View Prior Sale
06/11/2021 06/11/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $7,325,000 -2.3% $1,389 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $7,495,000 -- $1,421 / 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 $129,420 $7,547,956 -- --
2024 $129,420 $7,040,174 -- --
2023 $122,387 $6,400,158 $0 $0
2022 $109,850 $5,818,325 $0 $0
2021 $56,453 $2,949,454 $0 $0
2020 $55,723 $2,908,732 $850,000 $2,058,732
2019 $55,626 $2,802,827 $830,000 $1,972,827
2018 $20,428 $1,069,418 $1,069,418 $0
2017 $19,821 $1,018,494 $1,018,494 $0
2016 $21,784 $1,076,403 $0 $0
2015 $20,644 $978,548 $0 $0
2014 $18,997 $889,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-902

APN: 46-43-45-22-09-000-0500