NOT LISTED FOR SALE

Estimated Value: $6,715,000 - $9,763,000

5 Beds
8 Baths
6,471 Sq Ft
$1,344/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $6,630,000 $1,025 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $53,530/month

1,427 Days on Market

Highlights

  • Property has ocean access
  • Private Pool
  • Roman Tub
  • Property fronts an intracoastal waterway
  • Vaulted Ceiling
  • Marble Flooring

About This Home

As of July 2020

Nestled in the heart of Gulf Stream this elegant point lot estate home is situated on a rare 348” of water frontage. Opening graciously with astonishing views from the entire first floor, the home features five en-suite bedrooms, a grand European style kitchen with over-sized work stations, adjacent spacious family room with tongue and grove cathedral ceilings allowing for lots of natural light and wide water views. The sprawling ground floor master suite encompasses the east side of the home and features a spa like master bath complete with sitting room and bamboo enclosed outdoor shower. Additionally, there is a large guest suite on the main floor. The thoughtful separation of space affords a sense of comfort and privacy. The second floor offers three additional suites with a large multi-purpose room all opening to a balcony overlooking the water. The subdued colors of the interiors and refined finishes enhance the homes natural serenity allowing the sun-drenched interiors to flow seamlessly to an inspiring outdoor loggia and a tropical back yard paradise. Completing this fabulous offering, is an oversized pool with spa and dock to accommodate a large yacht. Simply put, this is the perfect setting for relaxing and entertaining at it's best.

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 06/04/2020

The Corcoran Group

Co-Listed By

Phillip Friis

The Corcoran Group License #3297432

Last Buyer's Agent

Candace Friis

The Corcoran Group License #582187 Listed on: 06/04/2020

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $124,341

Year Built

  • Built in 1998

Lot Details

  • 0.68 Acre Lot
  • Property fronts an intracoastal waterway
  • Waterfront Tip Lot
  • East Facing Home

Parking

  • 3 Car Garage
  • Garage Door Opener

Interior Spaces

  • 6,471 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Laundry Tub

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Private Pool
  • Property has ocean access

Utilities

  • Central Heating and Cooling System

Community Details

  • Polo Fields 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20434603030030111

Home Details

Home Type

Single Family

Est. Annual Taxes

$124,341

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A to Banyan, West to Polo, North to Old School Road to Wright Way
  • Year Built: 1998
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Bathtub, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Main Level Primary, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 6471.0
  • Stories: 2

Exterior Features

  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Point Lot
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Inside, Laundry Closet, Laundry Tub
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 20434603030030111
  • Lot Size Acres: 0.68
  • Lot Size: 348.0 ft x 145.0 ft
  • Lot Size Sq Ft: 29620.8
  • Mobile Dim Units: Feet
  • Zoning: RS(cit

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 124341.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jun 30, 2020
Sold by
Grikitis Andre and Grikitis Elinor P
Bought by
Sinberg Mitchell and Sinberg Regina
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Candace Friis
The Corcoran Group
List Price
$8,995,000
Sold Price
$6,630,000
Premium/Discount to List
-$2,365,000
-26.29%
Current Estimated Value
$8,694,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,064,945
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Oct 6, 2008
Sold by
Marino Richard J and St John Ellen Maccauley
Bought by
Grikitis Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
Morgan Scott W and Morgan Lisa M
Bought by
Marino Richard J

Purchase Details

Closed on
Aug 14, 1996
Sold by
Pr Adeline Wright Graham and Pr Aleda Campbell
Bought by
Morgan Scott W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sinberg Mitchell $6,630,000 Meridian Intl Ttl Svcs Corp
Grikitis Andre $5,900,000 Attorney
Marino Richard J $4,575,000 --
Morgan Scott W $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grikitis Andre $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $6,630,000 -26.3% $1,025 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
07/07/2016 07/07/16 For Sale $8,995,000 -- $1,390 / 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 $88,632 $5,753,295 -- --
2024 $88,632 $5,591,152 -- --
2023 $86,800 $5,428,303 $0 $0
2022 $86,346 $5,270,197 $0 $0
2021 $86,488 $5,116,696 $0 $0
2020 $102,130 $5,908,228 $4,032,000 $1,876,228
2019 $102,765 $5,838,977 $3,960,000 $1,878,977
2018 $99,474 $5,769,170 $3,913,140 $1,856,030
2017 $93,603 $5,245,088 $3,557,400 $1,687,688
2016 $104,055 $5,639,939 $0 $0
2015 $124,341 $6,076,745 $0 $0
2014 $105,333 $5,524,314 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10248999

BeachesMLS (Greater Fort Lauderdale)

APN: 20-43-46-03-03-003-0111