NOT LISTED FOR SALE

541 Silver Ln Boca Raton, FL 33432

Estimated Value: $6,854,000 - $8,616,000

5 Beds
4.5 Baths
4,102 Sq Ft
$1,881/Sq Ft Est. Value

Last Sold July 03, 2020

Last sale price $1,463,275 $357 Per Sq Ft

Est. 427% increase in value since last sale

Current estimated payment $49,009/month

48 Days on Market

Highlights

  • Property has ocean access
  • New Construction
  • Waterfront
  • Boca Raton Community Middle School Rated A-
  • Saltwater Pool
  • Wood Flooring

About This Home

As of July 2020

Deepwater Luxury Living in exclusive Golden Harbour in Boca Raton. Surrounded by stunning water views and impeccable landscaping, this brand new, open concept, custom built estate is the epitome of luxury living in one of South Florida's most prestigious enclaves. Set on 85 feet of deepwater, this five-bedroom home boasts an incredible 4,102 square feet of living space which seamlessly blends the indoor and outdoor spaces. Welcoming you home with incredible curb appeal, the stunning two-story entry featuring sleek contemporary glass double doors. Balconies and terraces offering amazing views. Inside, a large living room features the finest finishes, Dining room with long water views, summer kitchen and linear patios.

Last Agent to Sell the Property

Katia Reisler

Douglas Elliman License #3338871 Listed on: 04/15/2020

Douglas Elliman

Co-Listed By

Jared Niles

Tangent Realty Corp License #3101314

Last Buyer's Agent

Kirsten Smith

Douglas Elliman License #3069679

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,605

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 9,368 Sq Ft Lot
  • Waterfront
  • Fenced
  • Sprinkler System
  • Property is zoned R1B

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Built-Up Roof

Interior Spaces

  • 4,102 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Loft

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Saltwater Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Golden Harbour Sec 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434720330010050

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,605

Year Built

Built in 2020 | New Construction

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 PALMETTO PARK RD EAST AND TURN LEFT ON NE 5TH AVE. TURN RIGHT ON SILVER LANE. THE FUTURE PROPERTY WILL BE BUILT ON LEFT HAND SIDE.
  • Year Built: 2020
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, High Ceilings, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Living Area: 4102.0
  • Dining Room Type: Den, Family Room, Great Room, Loft
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Porch, Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: New Construction
  • Roof: Built-Up

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434720330010050
  • Lot Size Sq Ft: 9368.0
  • Zoning Description: R1B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7605.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jul 3, 2020
Sold by
Mizner Development Silver Ln Llc
Bought by
Mandel Douglas K
Seller's Agent
Katia Reisler
Douglas Elliman
Buyer's Agent
Kirsten Smith
Douglas Elliman
List Price
$2,850,000
Sold Price
$1,463,275
Premium/Discount to List
-$1,386,725
-48.66%
Current Estimated Value
$7,714,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,250,807
Avg. Annual Appreciation
36.63%

Purchase Details

Listed on
Sep 23, 2019
Closed on
Oct 28, 2019
Sold by
Blau Ellen and Berlin Leslie
Bought by
Mizner Development Silver Ln Llc
Seller's Agent
Rochelle LeCavalier
Douglas Elliman
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.87%
Original Mortgage
$920,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 10, 2007
Sold by
Blau Joan
Bought by
Blau Joan
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
Mandel Douglas K $1,463,275 Attorney
Mizner Development Silver Ln Llc $1,150,000 Lawyers 1St Title
Blau Joan -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandel Douglas K $2,000,000
Previous Owner Mizner Development Silver Ln Llc $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2020 07/03/20 Sold $1,463,275 -48.7% $357 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $2,850,000 +147.8% $695 / Sq Ft
11/07/2019 11/07/19 Sold $1,150,000 0.0% $647 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $1,150,000 -- $647 / 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
2024 $99,248 $5,853,917 -- --
2023 $33,306 $1,588,125 $2,472,525 $0
2022 $26,950 $1,443,750 $0 $0
2021 $23,845 $1,312,500 $1,312,500 $0
2020 $21,767 $1,187,750 $1,180,000 $7,750
2019 $7,714 $438,244 $0 $0
2018 $7,223 $430,073 $0 $0
2017 $7,166 $421,227 $0 $0
2016 $7,168 $412,563 $0 $0
2015 $7,343 $409,695 $0 $0
2014 $7,372 $406,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10616348

BeachesMLS

APN: 06-43-47-20-33-001-0050