NOT LISTED FOR SALE

58 River Dr Boynton Beach, FL 33435

Estimated Value: $4,037,000 - $5,179,568

5 Beds
6 Baths
3,643 Sq Ft
$1,290/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2023

Last sale price $3,720,052 $1,021 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $30,248 / mo

80 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Gunite Pool
  • Private Dock
  • Boat Lift
  • 2-minute walk to Ocean Ridge Hammock Park

About This Home

As of March 2023

Seconds away from the ocean, this custom Mediterranean gem located on the intracoastal at 58 River Drive in Ocean Ridge offers all the best in waterfront living. Rustic wooden double doors open into a grand open floor plan with soaring high ceilings and beautiful natural light that pours through countless impact glass windows and doors. A newly updated kitchen features new Wolf Appliances and white quartz countertops along with recessed LED lighting. This two story, 5 bedroom, 6 bathroom home features two master suites with one on each floor. A brand new deep water dock extends into the Spanish River accommodating a large vessel, offering quick ocean access from the beautiful backyard complete with a recently redone salt water pool and spa. Other newly appointed amenities of this home include elaborate security cameras, full house generator and power shades. Ocean Ridge is an exclusive waterfront community nestled between Boca Raton and Palm Beach. Minutes from world class Atlantic and Worth Avenues, and just a short drive away from Palm Beach Island, this desirable neighborhood offers unmatched privacy and access to the best that South Florida has to offer.

Last Buyer's Agent

Dean Stokes

Compass Florida LLC License #3198030

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,740

Year Built

  • Built in 2004

Lot Details

  • 11,789 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home
  • Corner Lot
  • Property is zoned RSF(ci

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Parking Garage Space

Property Views

  • Lagoon
  • Canal

Home Design

  • Mediterranean Architecture
  • Garden Apartment
  • Split Level Home
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,643 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 6 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Security Fence, Lighting or Alarms
  • Complete Impact Glass
  • Fire and Smoke Detector

Pool

  • Gunite Pool
  • Pool Equipment Stays
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • Seawall
  • Boat Lift
  • Private Dock
  • Balcony
  • Patio

Schools

  • Rolling Green Elementary School
  • Lantana Middle School
  • Boynton Beach Community High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Three-Phase Power
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Emergency Intercom
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 46434522090000580

Community Details

Overview

  • No Home Owners Association
  • MC Cormick Mile Subdivision

Recreation

  • Community Boat Dock
  • Boating
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,740

Year Built

Built in 2004

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Garden Apartment, Corner Unit, Mediterranean, Split Level
  • Directions: A1A just north of Ocean Avenue, left on Inlet Cay Drive, right on River Drive
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,Private Dock, Electric Available,Lift,Private Dock,Water Available
  • Unit Levels: 2
  • Lot Size Acres: 0.27
  • New Construction: No
  • Road Frontage Type: Public Road, U.S. Hwy
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: MC CORMICK MILE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 3720052
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Bar, Cooking Island, Entrance Foyer, French Doors, Laundry Tub, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Utility Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Accessibility Features: Emergency Intercom
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3643
  • Other Equipment: Automatic Garage Door Opener, Natural Gas
  • Stories: 2
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Laundry, Utility Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only, Tub Only

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Canal, Lagoon, Canal View, Lagoon View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, East Of US 1, Septic
  • Other Structures: Livable
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: Auto Pool Clean, Equipment Stays, Gunite, Heated
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Canal, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Laundry Room, Utility Room/Laundry
  • Security: Smoke Alarm, Smoke Detector(s), Owned Burglar Alarm, Smoke Detector, Burglar Alarm, Security System, Unit Alarm
  • Utilities: Cable Connected, Septic, Water Connected, Cable Available, Water Available

Condo/Co-op/Association

  • Amenities: Bike/Jog Path, Boat Dock, Private Pool
  • Association: No
  • Community Features: Boating, Public Road

Schools

  • Elementary School: Rolling Green
  • High School: Boynton Beach Community High
  • Middle Or Junior School: Lantana

Lot Info

  • Parcel Number: 46434522090000580
  • Lot Size Sq Ft: 11789
  • Zoning: RSF(ci

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 57740

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Mar 2, 2023
Sold by
Bought by
Buyer's Agent
Dean Stokes
Compass Florida LLC
List Price
$4,725,000
Sold Price
$3,720,052
Premium/Discount to List
-$1,004,948
-21.27%
Current Estimated Value
$4,698,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$978,590
Avg. Annual Appreciation
7.24%

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 20, 2021
Sold by
Bought by
Buyer's Agent
Steven Presson
The Corcoran Group
List Price
$3,895,000
Sold Price
$3,264,000
Premium/Discount to List
-$631,000
-16.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jul 3, 2018
Sold by
Bought by
Buyer's Agent
Shawn Levine
Florida Premier Realty of the Palm Beaches LLC
List Price
$3,099,999
Sold Price
$2,500,000
Premium/Discount to List
-$599,999
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$1,800,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,100
Interest Rate
8.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,720,052 --
$3,264,000 Zing Title Agency Inc
$2,500,000 Transamerican Title & Settle
$2,300,000 --
$305,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,800,000
Closed $250,000
Closed $1,610,000
Closed $775,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2023 03/06/23 Sold $3,720,052 -21.3% $1,021 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
11/16/2022 11/16/22 For Sale $4,725,000 +44.8% $1,297 / Sq Ft
08/27/2021 08/27/21 Sold $3,264,000 -16.2% $896 / Sq Ft View Prior Sale
07/28/2021 07/28/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $3,895,000 +55.8% $1,069 / Sq Ft
07/03/2018 07/03/18 Sold $2,500,000 -19.4% $686 / Sq Ft View Prior Sale
06/03/2018 06/03/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $3,099,999 -- $851 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $60,206 $3,432,120 -- --
2024 $60,206 $3,335,394 -- --
2023 $63,949 $3,353,389 $0 $0
2022 $57,740 $3,048,535 $0 $0
2021 $36,714 $1,923,403 $0 $0
2020 $36,234 $1,896,847 $0 $0
2019 $36,161 $1,854,200 $522,900 $1,331,300
2018 $24,545 $1,317,675 $0 $0
2017 $24,275 $1,290,573 $0 $0
2016 $24,473 $1,264,028 $0 $0
2015 $25,048 $1,255,241 $0 $0
2014 $25,098 $1,245,279 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10846237

MIAMI REALTORS® MLS

APN: 46-43-45-22-09-000-0580

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