NOT LISTED FOR SALE

670 Island Dr Palm Beach, FL 33480

Estimated Value: $6,690,000 - $23,506,772

5 Beds
5 Baths
3,874 Sq Ft
$3,897/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $18,750,000 $4,840 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $97,364/month

327 Days on Market

Highlights

  • Dock has access to electricity and water
  • Property fronts an intracoastal waterway
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Newly Remodeled
  • Marble Flooring

About This Home

As of February 2020

This direct waterfront villa known as Il Cortile reflects the classic and refined Mediterranean style of Palm Beach. From the moment you enter, the villa romances your senses. Located on the east side of Everglades Island, the award-winning estate was designed by architects Fairfax & Sammons and is on the market for the first time. With approximately 7,500 +/- sq. ft. of total indoor/outdoor living, the villa surrounds an exquisite 25 +/- foot square central courtyard that is framed by loggias and graced with a charming fountain and water views which provide the perfect backdrop for gracious entertaining. Beautiful archways and balconies overlook the courtyard offering sparkling water views. Two grand trees on each side of a brick drive welcome guests. Every thoughtful element used contributes to an Old World feel, from the stucco facade and the distinctive glazed green barrel-tiled roof to the dramatic arched doors, casement windows with classic shutters, coffered and vaulted ceilings, limed cypress rafters, and colorful antique European tile. The kitchen features a center island, high end appliances, a hand-carved stone hood and views of Palm Beach and Tarpon Island; an elegant great room includes space for both comfortable living and formal dining; a warm wood paneled study or library is a peaceful retreat; the elegant master suite includes a sitting-room with serene views of the grounds; four timeless guest bedrooms have ceiling fans, handsome wood floors and ensuite baths with French and Belgian encaustic tile; the powder room is also detailed with eye-catching Portuguese tile.

The villa's ambiance is enhanced by tasteful landscaping, large shade trees, thriving bougainvillea and other lush tropical foliage. The pool is located on the expansive lawn by the lake which provides gentle breezes and lovely water views. A private dock with boat lift facilitates boating and water activities on Lake Worth.

Last Agent to Sell the Property

Cris Condon

Sotheby's International Realty, Inc. License #392210 Listed on: 03/08/2019

Sotheby's International Realty, Inc.

Co-Listed By

KEVIN CONDON

Sotheby's International Realty, Inc. License #BK-3403343

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $137,908

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 0.41 Acre Lot
  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Fenced Front Yard
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Casement Windows
  • Dining Area
  • Library

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Parquet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Dock has access to electricity and water
  • Dock made with concrete
  • Dock made with wood
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everglades Island Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434327010000661

Home Details

Home Type

Single Family

Est. Annual Taxes

$137,908

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 115
  • Subdivision Name: Everglades Island
  • Architectural Style: Mediterranean, Two Story, Other Style
  • Garage Yn: Yes
  • Year Built: 2014
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 137907.7
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 115
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 17860
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Floors:StoneBrick: Yes
  • Windows:Casement: Yes
  • Floors:Parquet: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Wood: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Dock:Concrete: Yes
  • Dock:Water at Dock: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Range-Gas, Oven-Single, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Parquet, Stone/Brick
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Sound System, Smoke Detectors, Wet Bar
  • Window Features: Casement, Impact Glass
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction
  • Exterior Features: Balcony, Fence-Front Wall, Sprinkler System, Impact Doors, Impact Windows
  • Roof: Barrel, Other
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Air Conditioned
  • Garage: Yes
  • Garage:_two_ Car: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 17860.0
  • Parcel #: 50434327010000661
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 137907.7
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Golden Crate Llc
Bought by
Golden Crate Il Llc
Current Estimated Value
$15,098,386

Purchase Details

Listed on
Mar 8, 2019
Closed on
Feb 14, 2020
Sold by
Shiverick Paul and Shiverick Elizabeth
Bought by
Golden Crate Llc
Seller's Agent
Cris Condon
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$18,750,000
Sold Price
$18,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.06%

Purchase Details

Closed on
Mar 5, 2013
Sold by
Ziska Maura
Bought by
Shiverick Paul and Shiverick Elizabeth

Purchase Details

Listed on
Jan 25, 2011
Closed on
May 17, 2012
Sold by
Island Realty Properties Llc
Bought by
Ziska Maura
Seller's Agent
ROSALIND CLARKE
The Corcoran Group
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$5,718,750
Sold Price
$5,718,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Sep 30, 1999
Sold by
County Road Corp
Bought by
Island Realty Llc
Source: Public Records

Range of Values:

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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
Golden Crate Il Llc -- None Listed On Document
Golden Crate Llc $18,750,000 Amrock Inc
Shiverick Paul -- Attorney
Ziska Maura $5,718,750 Attorney
Island Realty Llc $3,375,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $18,750,000 0.0% $4,840 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
03/08/2019 03/08/19 For Sale $18,750,000 +227.9% $4,840 / Sq Ft
05/21/2012 05/21/12 Sold $5,718,750 0.0% $1,310 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
01/25/2011 01/25/11 For Sale $5,718,750 -- $1,310 / Sq Ft
Source: Palm Beach Board of REALTORS®

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
2024 $476,438 $32,026,288 -- --
2023 $462,847 $30,818,061 $19,878,518 $10,939,543
2022 $318,151 $17,084,412 $0 $0
2021 $253,162 $15,531,284 $8,642,123 $6,889,161
2020 $145,344 $8,774,036 $0 $0
2019 $145,084 $8,576,770 $0 $0
2018 $137,738 $8,416,850 $0 $0
2017 $137,908 $8,243,732 $6,179,250 $2,064,482
2016 $142,565 $8,263,643 $0 $0
2015 $157,046 $8,743,156 $0 $0
2014 $121,502 $6,634,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-681

APN: 50-43-43-27-01-000-0661