NOT LISTED FOR SALE

512 S Beach Rd Hobe Sound, FL 33455

Estimated Value: $8,086,593

4 Beds
6.5 Baths
4,878 Sq Ft
$1,658/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $13,000,000 $2,665 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $52,440/month

137 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Concrete Pool
  • South Fork High School Rated A-
  • Intracoastal View
  • Sauna

About This Home

As of February 2021

Exclusively available for the first time, this magnificent Jupiter Island double-lot spans 324 feet along the blue waters of the Intracoastal and stretches out over 3.2 acres. This is the largest Intracoastal lot available on prestigious Jupiter Island, making this truly a rare find. Currently deeded as two separate lots with two boat docks, and anchored by a four-bedroom guest house, this unique property affords intriguing opportunities. Occupy the immaculate guest house, while realizing the property's full potential. This is the last opportunity to design a truly grand private family enclave on the turquoise Intracoastal with a total allowable floor area of over 14,000 sf including two accessory buildings. Or develop two private residences, each with a total allowable floor area of

Last Agent to Sell the Property

Ken Meierling

Engel & Voelkers Jupiter RE License #3206011 Listed on: 08/24/2020

Co-Listed By

Kandyce Meierling

Engel & Voelkers Jupiter RE License #3261080

Last Buyer's Agent

Christine Sheehan

The Corcoran Group License #3359590

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,215

Year Built

  • Built in 1995

Lot Details

  • 3.2 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 4,878 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Bar
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Sauna
  • Intracoastal Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Concrete Pool
  • Property has ocean access
  • No Fixed Bridges
  • Mangrove Front
  • Balcony
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Jupiter Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 353842024000000206

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,215

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Beach Road Bridge (Cato's Bridge) onto Jupiter Island and head north to 510/512 South Beach Road on your left.
  • Year Built: 1995
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Custom Mirrors, Bar, Walk-In Closet(s)
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 4878.0
  • Dining Room Type: Family Room, Great Room, Sauna
  • Stories: 2
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Mangrove, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • 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, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security System, Security Gate
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 353842024000000206
  • Lot Size Sq Ft: 139392.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 98215.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
510151 2 South Beach Road Llc
Bought by
Porreco Lason M
Current Estimated Value
$8,086,593

Purchase Details

Closed on
May 16, 2023
Sold by
51 South Beach Road Llc
Bought by
Simovitch Ryan and Simovitch Shona

Purchase Details

Listed on
Aug 24, 2020
Closed on
Feb 8, 2021
Sold by
Italandco Inc
Bought by
510 512 South Beach Road Llc
Seller's Agent
Ken Meierling
Engel & Voelkers Jupiter RE
Buyer's Agent
Christine Sheehan
The Corcoran Group
List Price
$13,500,000
Sold Price
$13,000,000
Premium/Discount to List
-$500,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.15%

Purchase Details

Closed on
Jan 1, 1901
Bought by
Italandco Inc
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
Porreco Lason M $9,407,800 None Listed On Document
Simovitch Ryan $7,773,600 None Listed On Document
510 512 South Beach Road Llc $13,000,000 Attorney
Italandco Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $13,000,000 0.0% $2,665 / Sq Ft
02/08/2021 02/08/21 Sold $13,000,000 -3.7% $2,665 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
01/09/2021 01/09/21 Pending -- -- --
08/24/2020 08/24/20 For Sale $13,500,000 0.0% $2,768 / Sq Ft
01/31/2020 01/31/20 For Sale $13,500,000 -- $2,768 / 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 $114,809 $7,453,600 -- --
2024 $145,306 $6,776,000 $6,776,000 --
2023 $145,306 $6,776,000 $6,776,000 $0
2022 $125,415 $7,296,100 $5,236,000 $2,060,100
2021 $98,761 $5,551,840 $3,850,000 $1,701,840
2020 $96,906 $5,416,310 $3,696,000 $1,720,310
2019 $98,215 $5,440,330 $3,696,000 $1,744,330
2018 $98,764 $5,411,960 $3,696,000 $1,715,960
2017 $90,343 $5,070,650 $3,696,000 $1,374,650
2016 $90,283 $5,083,480 $3,696,000 $1,387,480
2015 $73,962 $4,459,470 $3,080,000 $1,379,470
2014 $73,962 $4,172,420 $2,772,000 $1,400,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10649370

BeachesMLS

APN: 35-38-42-024-000-00020-6