NOT LISTED FOR SALE

525 Middle Rd Gulf Stream, FL 33483

Estimated Value: $7,735,000 - $10,352,114

4 Beds
7 Baths
5,811 Sq Ft
$1,541/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $7,000,000 $1,205 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $57,078/month

27 Days on Market

Highlights

  • Property has ocean access
  • Cabana
  • Wood Flooring
  • Intracoastal View
  • Home fronts a canal
  • Outdoor Living Area

About This Home

As of June 2021

The waterfront estate at 525 Middle Rd, Gulf Stream offers the perfect setting for festive entertaining and private retreats alike with lovely grounds and water views. The residence is situated on over two-thirds of an acre with frontage on Polo Dr and Middle Rd. Designed by William Wietsma, the custom-built home features a great floor plan for privacy with formal living and dining room, spacious kitchen and family room, den, master wing plus three en suite guest rooms, exercise room, three car plus golf cart bay garage, and incredible loggia, pool and cabana with summer kitchen and bath. Boaters will appreciate the waterfrontage with dock and easy access to the ocean via nearby inlet. Close to Delray Beach and Palm Beach, this luxurious home is offered furnished and sure to please. FEATURES:
" Custom built waterfront home designed by William Wietsma
" 43 feet of waterfrontage with 28-foot dock and nearby ocean access
" 4 bedrooms / 4.3 baths
" 5,811 square feet under air / 7,971 total square feet
" Offered fully furnished
" Situated on over two-thirds of an acre with expansive grounds
" Circular drive on Polo Dr and private drive and garage on Middle Rd
" Foyer entry with views of impressive interior, pool and water
" Formal living room with fireplace and French door access to covered loggia
" Formal dining room with French doors, easy access to kitchen and nearby wet bar and wine cooler
" Spacious kitchen with two islands, snack-bar seating and pantry
" Family room off kitchen with bay window breakfast area and French doors to covered loggia and pool
" Cypress paneled den with built-ins and French doors to grounds
" Private master wing with beautiful water views and French door access to grounds; two walk-in closets; master bath with dual vanities, jetted tub and walk-in shower
" Three en suite guest rooms
" Laundry room with sink and ample cabinets for storage
" Exercise room with large closet could be a game room or smaller office
" Powder room off foyer and powder room across from laundry room
" Covered loggia with outdoor living and dining areas; inviting pool with patio for lounging; cabana with summer kitchen, grill, outdoor shower, bath and pool storage
" Professionally landscaped grounds with private backyard
" Private 28-foot dock with electric and water available
" Three car garage plus golf cart bay
" Impact windows and doors; whole-house generator
" Fabulous location near Gulf Stream School, Delray Beach and Palm Beach
" The pristine and private beaches of Gulf Stream, Gulf Stream School, Town Hall and Town Police Department are just a bike ride or golf cart drive away
" Pleasant drive along A1A to shops and restaurants of Delray Beach and Palm Beach Offered fully furnished, this luxurious waterfront home is the perfect place to enjoy year-round living or seasonal getaways.

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 05/13/2021

Douglas Elliman

Co-Listed By

Randolph Ely

Douglas Elliman License #563399

Last Buyer's Agent

John Papera Jr

Papera Properties, LLC License #3253629

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,950

Year Built

  • Built in 2009

Lot Details

  • 30,163 Sq Ft Lot
  • Home fronts a canal
  • East Facing Home
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned RS-C

Property Views

  • Intracoastal
  • Garden
  • Pool

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 5,811 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Parking

  • Attached Garage
  • Circular Driveway

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Covered Patio or Porch
  • Outdoor Living Area
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Zoned Heating and Cooling
  • Three-Phase Power

Community Details

  • No Home Owners Association
  • Gulfstream Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20434603040000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,950

Year Built

Built in 2009

Lot Details

0.69 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A to Gulf Stream; west on Golfview Dr; north on Polo Dr to property
  • Year Built: 2009
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Main Level Primary, Pantry, Storage, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 4
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 5811.0
  • Stories: 1

Exterior Features

  • Exterior Features: Built-in Barbecue, Barbecue, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
  • View: Garden, Intercoastal, Pool
  • Fencing: Fenced
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: In Ground, Outside Bath Access
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Patio, Porch
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 3.1
  • Attached Garage: Yes
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 20434603040000080
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056.4
  • Mobile Dim Units: Feet
  • Zoning: RS-C

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 60949.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 25, 2021
Sold by
Springfed Llc
Bought by
Moran Patricia G and Moran Patricia G
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
John Papera Jr
Papera Properties, LLC
List Price
$8,750,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,750,000
-20%
Current Estimated Value
$8,953,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,953,705
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Jul 31, 2008
Sold by
Quarter Track Llc
Bought by
Springfed Llc

Purchase Details

Closed on
Mar 26, 2008
Sold by
Pickard Dana T
Bought by
Saltonstall G West and George R Harding Jr Trust

Purchase Details

Closed on
Mar 25, 2008
Sold by
Harding Therese A
Bought by
Quarter Track Llc

Purchase Details

Closed on
Mar 24, 2008
Sold by
Saltonstall G West
Bought by
Quarter Track Llc

Purchase Details

Closed on
Jun 28, 2006
Sold by
Harding George R
Bought by
Harding Therese A
Source: Public Records
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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
Moran Patricia G $7,000,000 Holden Title And Escrow Llc
Springfed Llc $3,000,000 Attorney
Saltonstall G West -- Attorney
Quarter Track Llc $2,350,000 Attorney
Quarter Track Llc -- Attorney
Harding Therese A -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $7,000,000 -20.0% $1,205 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $8,750,000 -- $1,506 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $119,759 $7,763,694 -- --
2024 $119,759 $7,544,892 -- --
2023 $116,960 $7,304,597 $0 $0
2022 $116,356 $7,091,842 $0 $0
2021 $60,260 $3,534,025 $1,785,000 $1,749,025
2020 $60,950 $3,521,889 $1,938,000 $1,583,889
2019 $60,928 $3,457,764 $1,870,000 $1,587,764
2018 $58,396 $3,382,604 $1,846,726 $1,535,878
2017 $55,044 $3,080,442 $1,678,841 $1,401,601
2016 $61,670 $3,338,862 $0 $0
2015 $71,567 $3,257,656 $0 $0
2014 $59,617 $2,961,505 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10715739

BeachesMLS (Greater Fort Lauderdale)

APN: 20-43-46-03-04-000-0080

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