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Seller's Agent in 2016
Randolph Ely
Douglas Elliman
(561) 271-2762
1 in this area
7 Total Sales
Estimated Value: $5,344,000
**Property was sold pre-construction. State of construction was slab on grade.** Spectacular Brand New Direct Oceanfront Estate by Mark Timothy, Inc. is located in the exclusive estate section of Ocean Ridge; just south of Palm Beach Island and Manalapan, and just north of Gulf Stream, the famed Atlantic Avenue in Delray Beach, and the City of Boca Raton. Not only does Ocean Ridge provide easy access to the best dining and shopping South Florida has to offer, but it also provides some of the best direct oceanfront parcels in Palm Beach County with incredible land elevation and impressive direct ocean views. The residence sits on over one acre of oceanfront property and features 125 feet of frontage on A1A and 115 feet at the eastern most part of the residence. **Property was sold pre-construction. State of construction was slab on grade.** Spectacular Brand New Direct Oceanfront Estate by Mark Timothy, Inc. is located in the exclusive estate section of Ocean Ridge; just south of Palm Beach Island and Manalapan, and just north of Gulf Stream, the famed Atlantic Avenue in Delray Beach, and the City of Boca Raton. Not only does Ocean Ridge provide easy access to the best dining and shopping South Florida has to offer, but it also provides some of the best direct oceanfront parcels in Palm Beach County with incredible land elevation and impressive direct ocean views. The residence sits on over one acre of oceanfront property and features 125 feet of frontage on A1A and 115 feet at the eastern most part of the residence. The property also offers a generous depth allowing plenty of green space and tropical Florida landscape. The spectacular open floor plan is further enhanced with pocket doors throughout the entire first floor that open to the covered loggias and pool providing breathtaking views of the Atlantic Ocean. Gourmet chef's kitchen with state-of-the-art appliances including Wolf and Sub Zero, a butler's pantry and breakfast area. Other features include family room off the kitchen which opens to two covered loggias, spacious and open formal living room, formal dining room, game and billiard room, bar and wine room, his and her separate offices, and incredible entry foyer with wide open direct ocean views. The luxurious master suite is located on the second floor complete with his and her private closets and bathrooms. The second floor also offers a loft with full bathroom and three additional en suite bedrooms. The home will feature additional unfinished space above the four-car garage which can be converted to two additional bedrooms, gym, theater or whatever the client desires. The oceanside pool and spa with a cabana bath provide the perfect setting for outdoor entertaining. The gated and private compound offers manicured grounds and tropical landscaping throughout with lighting and security systems plus a full house generator. The open floor plan was created to showcase the expansive and private grounds with opportunity to enjoy the stunning ocean vistas from every vantage point. This estate will be a showpiece sure to amaze; finished and designed to perfection. Decorated by Marc Michaels Interiors and designed by Affinity Architects, this residence will offer everything the most discerning oceanfront buyer would expect when looking for perfection on the beach in Palm Beach County.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Watersedge 21 Properties Llc | $13,635,000 | Attorney | |
| 6125 North Ocean Boulevard Llc | $5,500,000 | Renaissance Title Corp | |
| Broadhead Sherry Monroe | -- | -- | |
| Broadhead Sherry M | $1,900,000 | -- | |
| Corn Eva Margareta | -- | -- |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/25/2016 02/25/16 | Sold | $13,635,000 | -28.0% | $1,337 / Sq Ft | |
| 01/26/2016 01/26/16 | Pending | -- | -- | -- | |
| 08/05/2015 08/05/15 | For Sale | $18,950,000 | +244.5% | $1,858 / Sq Ft | |
| 07/02/2015 07/02/15 | Sold | $5,500,000 | -20.9% | $793 / Sq Ft | View Prior Sale |
| 06/02/2015 06/02/15 | Pending | -- | -- | -- | |
| 02/19/2015 02/19/15 | For Sale | $6,950,000 | -- | $1,002 / Sq Ft |
| 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 | $293,514 | $16,253,610 | -- | -- |
| 2024 | $293,514 | $14,776,009 | -- | -- |
| 2023 | $286,718 | $13,432,735 | $0 | $0 |
| 2022 | $268,025 | $12,211,577 | $0 | $0 |
| 2021 | $215,489 | $11,101,434 | $5,937,800 | $5,163,634 |
| 2020 | $229,702 | $11,821,412 | $5,700,300 | $6,121,112 |
| 2019 | $256,241 | $13,345,184 | $5,937,800 | $7,407,384 |
| 2018 | $219,955 | $11,514,725 | $4,900,760 | $6,613,965 |
| 2017 | $94,546 | $4,900,760 | $4,900,760 | $0 |
| 2016 | $97,392 | $4,900,760 | $0 | $0 |
| 2015 | $113,222 | $5,518,609 | $0 | $0 |
| 2014 | -- | $3,691,517 | $0 | $0 |
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Seller's Agent in 2016
Randolph Ely
Douglas Elliman
(561) 271-2762
1 in this area
7 Total Sales
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Seller Co-Listing Agent in 2016
NICHOLAS MALINOSKY
Douglas Elliman
(561) 306-4597
10 in this area
131 Total Sales
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Buyer's Agent in 2016
Russell Newman
Lang Realty/Delray Beach
(561) 400-3584
3 Total Sales
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R10157332
APN: 46-43-45-27-08-003-0101
Ask me questions while you tour the home.