NOT LISTED FOR SALE

Estimated Value: $1,561,000 - $1,706,497

5 Beds
6 Baths
3,900 Sq Ft
$420/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $1,060,000 $272 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $10,729/month

11 Days on Market

Highlights

  • 69 Feet of Waterfront
  • Private Pool
  • Lake View
  • Indian Trace Elementary School Rated A-
  • Gated Community
  • Marble Flooring

About This Home

As of February 2021

STUNNING 5BD/4.5BA/3CG custom home with many NEW updates on picturesque lakefront lot in boutique enclave of Palm Island with screened pool/raised spa & huge covered patio, perfect for year-round comfort! Almost 4000SF, light, bright, spacious interior, meticulously maintained! Split floorplan with sep kids wing, including suite perfect for in-laws! Solid hardwood & marble flooring in living areas & Master. Luxurious Master Bath, Cabana Bath, gorgeous granite/stainless kitchen w/center island, double ovens, wet bar. BRAND NEW 2020 UPDATES include: entire interior painted in modern white, new flat soaring ceilings (popcorn removed), new modern chandeliers, all LED lights, new sprinkler, pool pump, patio fan, water heater! New Roof 2012, accordions, custom closets, crown molding & much more! WELCOME TO PALM ISLAND545 COCONUT CIR | WESTON | FLORIDA | USA5 Full Bedrooms | 4.5 Bathrooms | 3CG | Pool | Spa | LakefrontZillow Walk Through built single story residence, just under 4000 sq ft/ac, with high volume ceilingsSpacious split floor plan with elegant master, den/guest suite/cabana bathroom & separate kids wing, one bedroom with bath ensuite, perfect for inlaws.New Roof 2012Accordion Shutters throughoutEntire Interior Freshly Painted Modern White Nov 2020Removal of Popcorn Ceiling & Painted Ceiling, Nov 20204 New Modern Chandeliers Nov 2020New LED lighting 2020New Remote Controlled Patio Fan, Nov 2020New Hot Water Heater 2020 with lifetime warrantyNew Pool Pump Motor 2020New Pool Vacuum Sweeper -2019 New Sprinkler Pump 2020Whole House Water Filter, 2 units 2016New Garage Door Springs 20192 AC units 2016 with New Central AC Fan Motor 2020New LG Washer and Dryer 2016Saturnia Marble Flooring in Master BedroomSolid Hardwood Flooring in Family Room & Dining RoomMarble Foyer, Kitchen & Wet Bar AreaRemodeled Master BathroomCustom ClosetsCrown MoldingSunken Granite Wet Bar with Pass Through Snack Bar CounterGranite Kitchen with solid wood cabinetry, custom pullouts, stainless Appliances, center islandExpansive Front Lawn and Open Back Yard Beyond Screen for Play Set

Last Agent to Sell the Property

Adele Pick

Coldwell Banker Realty License #0676308 Listed on: 12/08/2020

Coldwell Banker Realty

Co-Listed By

Robert Giordano

Coldwell Banker Realty License #0705248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,070

Year Built

  • Built in 1993

Lot Details

  • 0.38 Acre Lot
  • 69 Feet of Waterfront
  • Northeast Facing Home
  • Sprinkler System

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Private Pool
  • Spa
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Patio

Schools

  • Indian Trace Elementary School
  • Tequesta Trace Middle School
  • Cypress Bay High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 504018031240

Community Details

Overview

  • Association fees include common areas
  • Palm Island Subdivision, Custom Lakefront Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,070

Year Built

Built in 1993

Lot Details

0

HOA Fees

$208 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GPS may take you to the Indian Trace gate, but that's for the Palm Island residents only. Please enter by guard gate from Royal Palm Blvd. After guard gate, there'll be another gate exclusive to Palm Island; proceed and make a right on Coconut Cir.
  • Year Built: 1993
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Jetted Tub, Sitting Area in Primary, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 3900.0
  • Stories: 1
  • Window Features: Blinds, Other, Sliding

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Porch
  • View: Lake, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Pool Equipment, Pool Sweep, Screen Enclosure
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Patio, Porch, Screened, Balcony
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 624.0
  • Phone: 954-392-6000
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Gated
  • Senior Community: No
  • Amenities: Gated, Playground, Sidewalks
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Indian Trace
  • High School: Cypress Bay
  • Middle Or Junior School: Tequesta Trace

Lot Info

  • Parcel #: 504018031240
  • Lot Size Acres: 0.38
  • Lot Size: 0.39
  • Lot Size Sq Ft: 16552.8
  • Mobile Dim Units: Feet
  • Zoning: Res

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 15070.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Feb 19, 2021
Sold by
Jamhour Joseph A and Jamhour Sayde B
Bought by
Olano Alex Jacob
Seller's Agent
Adele Pick
Coldwell Banker Realty
List Price
$1,050,000
Sold Price
$1,060,000
Premium/Discount to List
$10,000
0.95%
Current Estimated Value
$1,636,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,374
Avg. Annual Appreciation
9.23%
Original Mortgage
$520,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jun 7, 2016
Sold by
Baker Dale and Baker Mary
Bought by
Jamhour Joseph A and Jamhour Sayde B B
Seller's Agent
Frances Duhe
Berkshire Hathaway HomeServices Florida Realty
Buyer's Agent
Laurie Reader
Keller Williams Dedicated Professionals
List Price
$890,000
Sold Price
$861,250
Premium/Discount to List
-$28,750
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Dec 29, 1994
Sold by
Lamirande John E and Lamirande Jacqueline F
Bought by
Baker Dale and Baker Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
9.26%

Purchase Details

Closed on
Mar 1, 1992
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Olano Alex Jacob $1,060,000 Gulf Stream Title Llc
Jamhour Joseph A $861,300 Attorney
Baker Dale $475,000 --
Available Not $365,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olano Alex Jacob $520,000
Previous Owner Baker Dale $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2021 02/22/21 Sold $1,060,000 +1.0% $272 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $1,050,000 +21.9% $269 / Sq Ft
06/07/2016 06/07/16 Sold $861,250 -3.2% $202 / Sq Ft View Prior Sale
03/30/2016 03/30/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $890,000 -- $209 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 -- $1,399,910 -- --
2024 $24,582 $1,399,910 $201,180 $1,070,200
2023 $24,582 $1,156,960 $0 $0
2022 $20,765 $1,051,790 $201,180 $850,610
2021 $15,818 $811,060 $0 $0
2020 $15,428 $799,870 $0 $0
2019 $15,070 $781,890 $0 $0
2018 $14,496 $767,320 $201,180 $566,140
2017 $14,438 $792,400 $0 $0
2016 $9,477 $484,930 $0 $0
2015 $9,642 $481,560 $0 $0
2014 $9,707 $477,740 $0 $0
2013 -- $658,260 $201,190 $457,070
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10261461

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-18-03-1240