NOT LISTED FOR SALE

512 S Beach Rd Hobe Sound, FL 33455

Estimated Value: $8,086,593

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

Last Sold June 08, 2023

Last sale price $7,773,600 $1,594 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $52,440/month

22 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • 2 Car Attached Garage
  • South Fork High School Rated A-
  • Private Pool
  • Walk-In Closet

About This Home

As of June 2023

The possibilities are endless with this Jupiter Island home sitting on 1.5 acres of land and approximately 146 feet of deep-water Intracoastal frontage with an expansive dock and extraordinary deep blue water views. The residence currently features 4 Bedrooms, 6 Baths, a 2 Story foyer, and optional spaces to enjoy the ocean breezes. Situated in the premier location of Jupiter Island; this property encompasses the perfect combination of proximity to shops and restaurants, yet secluded enough for serenity and privacy.

Last Agent to Sell the Property

Clarke MacArthur

Florida Living Realty License #3503699 Listed on: 04/03/2023

Last Buyer's Agent

Christine Sheehan

The Corcoran Group License #3359590

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $125,415

Year Built

  • Built in 1995

Lot Details

  • 1.69 Acre Lot
  • Property fronts an intracoastal waterway

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Intracoastal
  • Garden

Interior Spaces

  • 4,878 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Property has ocean access

Utilities

  • Water Not Available

Community Details

  • Italandco Plat One Subdivision

Listing and Financial Details

  • Assessor Parcel Number 353842024000000206

Home Details

Home Type

Single Family

Est. Annual Taxes

$125,415

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: US Highway 1 to Beach Road. 510/512 S Beach Road will be on the left as you cross over to the Martin County side of Jupiter Island
  • Year Built: 1995
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Flooring: Other
  • Living Area: 4878.0
  • Stories: 2

Exterior Features

  • View: Garden, Intercoastal
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block, Other
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Other
  • Heating: Other
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 353842024000000206
  • Lot Size: 1 to < 2 Acres,Paved Roa
  • Lot Size Sq Ft: 73830.0
  • Zoning Description: R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 125415.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 18, 2023
Sold by
510151 2 South Beach Road Llc
Bought by
Porreco Lason M
Seller's Agent
Clarke MacArthur
Florida Living Realty
Buyer's Agent
Christine Sheehan
The Corcoran Group
List Price
$9,000,000
Sold Price
$7,773,600
Premium/Discount to List
-$1,226,400
-13.63%
Views
25
Current Estimated Value
$8,086,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,993
Avg. Annual Appreciation
0.55%

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 16, 2023
Sold by
51 South Beach Road Llc
Bought by
Simovitch Ryan and Simovitch Shona
Seller's Agent
Clarke MacArthur
Florida Living Realty
Buyer's Agent
Christine Sheehan
The Corcoran Group
List Price
$9,000,000
Sold Price
$7,773,600
Premium/Discount to List
-$1,226,400
-13.63%
Views
25

Purchase Details

Closed on
Feb 8, 2021
Sold by
Italandco Inc
Bought by
510 512 South Beach Road Llc

Purchase Details

Closed on
Jan 1, 1901
Bought by
Italandco Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
06/08/2023 06/08/23 Sold $7,773,600 -13.6% $1,594 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $9,000,000 -- $1,845 / 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

  • C

    Seller's Agent in 2023

    Clarke MacArthur

    Florida Living Realty

    (585) 309-8191

    12 Total Sales

    Clarke MacArthur
    Section Image

  • C

    Buyer's Agent in 2023

    Christine Sheehan

    The Corcoran Group

    (561) 745-2600

    42 Total Sales

    Christine Sheehan
    Section Image
  • Milla Russo

    Buyer Co-Listing Agent in 2023

    Milla Russo

    Illustrated Properties LLC (Jupiter)

    (561) 358-6608

    132 Total Sales

    Milla Russo
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10879035

BeachesMLS

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

Florida Martin County Hobe Sound 33455

512 S Beach Rd, Hobe Sound, FL

This home is located at 512 S Beach Rd, Hobe Sound, FL 33455 since 03 April 2023 and is currently estimated at $8,086,593, approximately $1,657 per square foot. This property was built in 1995. 512 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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