$3,125,000
SOLD JUN 19, 2018
5 Beds
5 Baths
6,644 Sq Ft
0.92 Acres

Recently Sold

$470 Per Sq Ft

38% Below List Price

171 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Private Pool
  • Property has ocean access
  • Gated with Attendant
  • 40,055 Sq Ft lot

About This Home

As of June 2018

A GOLDEN opportunity! This private peninsula is graced by panoramic views of aquatic grandeur with close to an acre of land! Move in immediately, add a personal touch with custom renovations, build a second level for more sparkling water views, or subdivide this point lot to build 2+ homes a developer's dream. Boaters will covet the canal's depth of 10 ft and a massive seawall, about 558 linear ft! This is a rarity - one of the largest deepwater properties in Broward County. With more than 230 ft of seawall on the canal side, a sizable yacht won't interfere with Intracoastal views. A Chicago brick circular driveway leads guests to a timeless 1-story estate, framed by tropical landscaping. Golden Isles affords the safety of a manned gate, no HOA, and the convenience of local amenities!

Last Agent to Sell the Property

Steve Davis

Douglas Elliman License #3043398 Listed on: 11/29/2017

Douglas Elliman

Co-Listed By

Jessica Robertson

Coldwell Banker Realty License #3380524

Coldwell Banker Realty

Last Buyer's Agent

Jessica Robertson

Coldwell Banker Realty License #3380524

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,745

Year Built

  • Built in 1959

Lot Details

  • 0.92 Acre Lot
  • Property fronts an intracoastal waterway
  • Property is zoned RS-5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Intracoastal
  • Canal

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 6,644 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • Den
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Seawall

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514226040400

Community Details

Recreation

  • Boat Ramp
  • Boating

Additional Features

  • Golden Isles Sec A Rev Subdivision
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,745

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: This property is a point lot located at the end of Palm Drive.
  • Year Built: 1959
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Vaulted Ceiling(s), Bar
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Marble, Wood
  • Living Area: 6644.0
  • Dining Room Type: Den, In-Law Suite
  • Stories: 1

Exterior Features

  • View: Canal, Intercoastal
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 514226040400
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 40055.0
  • Zoning Description: RS-5
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 16745.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Angel Holdings Llc
Bought by
Palm Point Paradise Llc

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
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 29, 2017
Closed on
Jun 19, 2018
Sold by
Surloff Cheri
Bought by
Angel Holdings Llc
Seller's Agent
Steve Davis
Douglas Elliman
Buyer's Agent
Jessica Robertson
Coldwell Banker Realty
List Price
$5,000,000
Sold Price
$3,125,000
Premium/Discount to List
-$1,875,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.27%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,750,000 Attorney
Warranty Deed $3,125,000 Harbor Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,296,860 New Conventional
Closed $125,000 Commercial
Closed $5,000 Balloon
Previous Owner $400,000 Future Advance Clause Open End Mortgage
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,500,000 Negative Amortization
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $12,900,000 0.0% $1,645 / Sq Ft
05/15/2025 05/15/25 Price Changed $55,000 0.0% $7 / Sq Ft
05/08/2025 05/08/25 Price Changed $11,990,000 0.0% $1,529 / Sq Ft
04/18/2025 04/18/25 Price Changed $59,000 -9.2% $8 / Sq Ft
03/19/2025 03/19/25 Price Changed $65,000 -7.1% $8 / Sq Ft
03/05/2025 03/05/25 For Rent $70,000 0.0% --
02/04/2025 02/04/25 Price Changed $12,990,000 -5.5% $1,657 / Sq Ft
12/23/2024 12/23/24 For Sale $13,750,000 0.0% $1,754 / Sq Ft
12/19/2024 12/19/24 Off Market $13,750,000 -- --
11/06/2024 11/06/24 For Sale $13,750,000 +340.0% $1,754 / Sq Ft
06/19/2018 06/19/18 Sold $3,125,000 -37.5% $470 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $5,000,000 -- $753 / 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 $30,131 $1,345,150 -- --
2024 $25,397 $1,345,150 $1,111,700 --
2023 $25,397 $1,111,700 $1,111,700 $0
2022 $24,963 $1,111,700 $1,111,700 $0
2021 $21,647 $1,000,530 $1,000,530 $0
2020 $53,784 $2,463,200 $1,123,620 $1,339,580
2019 $81,574 $3,722,310 $2,403,300 $1,319,010
2018 $77,602 $3,708,840 $2,403,300 $1,305,540
2017 $16,774 $867,320 $0 $0
2016 $16,745 $849,490 $0 $0
2015 $16,504 $843,590 $0 $0
2014 $16,483 $836,900 $0 $0
2013 -- $2,230,020 $2,002,750 $227,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10385653

BeachesMLS

APN: 51-42-26-04-0400