NOT LISTED FOR SALE

64 Spanish River Dr Boynton Beach, FL 33435

Estimated Value: $5,359,000 - $7,089,000

5 Beds
6 Baths
3,975 Sq Ft
$1,579/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $3,325,000 $836 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $39,704/month

154 Days on Market

Highlights

  • Property has ocean access
  • Heated In Ground Pool
  • Lagoon View
  • Built in 2017 | Newly Remodeled
  • Home fronts a lagoon or estuary
  • Home fronts a canal

About This Home

As of March 2019

Enjoy the waterfront lifestyle at 64 Spanish River Drive, a brand-new luxury home located in the Town of Ocean Ridge. Boasting 100 feet of waterfrontage and tranquil water views, the stunning estate features a clean modern transitional design representing a timeless elegance. The Stephen Varga Designed Home offers 5,923 total square feet with five bedrooms including a first-floor master wing and second-floor VIP suite, chef's kitchen with family room, formal living and dining rooms and exceptional outdoor amenities including covered loggia, pool with spa, summer kitchen and private dock with nearby inlets and ocean access. Manicured landscape with decorative drive creates a delightful curb appeal. South Florida's luxury lifestyle awaits at this brand-new waterfront estate! This custom-built residence has been professionally designed by Stephen Varga Homes and decorated by Ava Gray Interiors to further compliment the complete luxury waterfront lifestyle. The neutral coastal pallet sets the tone for a luxurious and tranquil experience. Quality built, the property has an exceptional nine-foot elevation with the pool and home set on pilings. Exceptional finishes include custom hardware; 11 and 12-foot ceiling with coffer details; foyer entry stairway with custom glass railings; marble downstairs and oak wood floors upstairs; custom designed cabinetry; and Caesar stone, quartzite and onyx countertops. Nestled on Inlet Cay, on one of Ocean Ridge's picturesque islands, 64 Spanish River Drive enjoys tranquility and privacy with flow-through waterway and nearby beach access path for Ocean Ridge residents' use. The Town of Ocean Ridge is perfectly located in the heart of Palm Beach County. Enjoy the pleasant drive along A1A to Delray Beach's Atlantic Avenue, Palm Beach's Worth Avenue and all stops in between. Traveling is a breeze with several private jetports and three international airports nearby. Boaters will appreciate the nearby Boynton Beach and Boca Raton inlets for trips to the Atlantic Ocean. Located on an expansive lot (100 feet by 125 feet), the property offers a sensational curb appeal with manicured landscape, decorative drive and impressive covered front entryway with oversized glass door. The foyer provides the first glimpse of the interior's clean lines and stunning views of the pool and wide water views. The formal living and dining rooms provide ample space for formal entertaining with a wall of sliders that open to the covered loggia and pool. Located on the south wing with easy access to the dining room, the chef's kitchen offers top-of-the-line appliances including wine cooler, large island with sink and snack bar, custom cabinetry, breakfast nook, spacious walk-in pantry and nearby powder room. The kitchen is open to the family room with two sets of sliding doors for easy access to the summer kitchen, pool and grounds. The spacious laundry room and two-car garage are conveniently located down the service hallway from the kitchen. The first-floor master wing combines a casual elegance with maximum privacy to create the perfect spot for a luxurious retreat. The private entry hall leads to the master bedroom with sliders to private covered loggia and pool with lovely water views. The master bath has two large walk-in closets, stand-alone soaking tub, oversized custom walk-in shower, dual vanities and two water closets. The custom stairway with glass railings and oversized picture window provides natural light and a graceful ascent to the second floor. The landing opens to the loft and casual living area with a powder room and access to the expansive balcony. The VIP suite offers a large walk-in closet, spacious bath and private access to the balcony. There are two additional guest bedrooms on the second floor each with balcony access. There is a bedroom off the first-floor service hallway with full bath, walk-in closet and doorway to the south walkway. The coastal interior space easily transitions to outdoor living making entertaining a breeze. The covered loggia has ample space for dining with a summer kitchen and delightful water views. Enjoy sun and fun around the 40-foot heated pool complete with champagne overflow spa, sun shelf and LED lighting. The landscaped grounds frame the inviting green spaces overlooking the expansive Spanish River flow-through waterway. Recreational boaters and serious yachtsmen alike will appreciate the 100 feet of waterfrontage and protected deep water dockage that is extremely rare. The entire home has been pre-wired for security system, audio-visual and Smart Home controls with the drops conveniently housed in an under-stairway closet. The residence has been built to hurricane standards and includes impact windows and doors throughout. Other conveniences include two-zone air-conditioning system, concrete tile roof, two-car garage with epoxy floor and attic storage. This brand-new coastal home provides both tranquility and five-star amenities representing the very best of the Palm Beaches. Come live the luxury lifestyle today!

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 09/04/2018

Douglas Elliman

Last Buyer's Agent

Kathryn Gillespie

Illustrated Properties LLC License #3250312

Illustrated Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,522

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 12,500 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Home fronts a canal
  • West Facing Home
  • Sprinkler System
  • Property is zoned RSF

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lagoon
  • Pool

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,975 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Community Details

  • No Home Owners Association
  • Inlet Cay Subdivision, Brand New Waterfront Home Floorplan

Listing and Financial Details

  • Assessor Parcel Number 46434522110000640

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,522

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Ocean Avenue east to Ocean Ridge, north to Inlet Cay, west to Spanish River Dr, north to property on right.
  • Year Built: 2017
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, High Ceilings, Main Level Primary, Multiple En Suite Bathrooms, Pantry, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Living Area: 3975.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • View: Lagoon, Pool
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Lagoon, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Property Condition: New Construction
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 46434522110000640
  • Lot Size Acres: 0.29
  • Lot Size: 100.0 ft x 125.0 ft
  • Lot Size Sq Ft: 12632.4
  • Mobile Dim Units: Feet
  • Zoning: RSF

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 19522.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Mar 6, 2019
Sold by
Vbmt Holdings Llc
Bought by
Johnson Beverly W
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
Kathryn Gillespie
Illustrated Properties LLC
List Price
$3,595,000
Sold Price
$3,325,000
Premium/Discount to List
-$270,000
-7.51%
Current Estimated Value
$6,277,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,952,756
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Nov 6, 2015
Sold by
Arndt Craig F and Gagvi Mioara M
Bought by
Vbmt Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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
Johnson Beverly W $3,325,000 Lighthouse Title Svcs Llc
Vbmt Holdings Llc $1,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vbmt Holdings Llc $715,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $3,325,000 -7.5% $836 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
09/04/2018 09/04/18 For Sale $3,595,000 -- $904 / 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 $76,652 $4,165,747 -- --
2024 $76,652 $3,787,043 -- --
2023 $72,890 $3,442,766 $0 $0
2022 $63,526 $3,129,787 -- --
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10461170

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-22-11-000-0640

Your Personal Tour Guide

Ask me questions while you tour the home.