NOT LISTED FOR SALE

701 S Atlantic Dr Lake Worth, FL 33462

Estimated Value: $5,486,000 - $10,070,592

6 Beds
6.5 Baths
6,028 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $11,995,000 $1,990 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $57,989/month

97 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Property has ocean access
  • Home Theater
  • Boat Ramp
  • Intracoastal View
  • Heated Spa

About This Home

As of May 2023

Built in 2022 and never lived in by its first owners, this designer appointed, furnished, direct-Intracoastal modern estate lives like brand-new construction. Offering an impressive sense of arrival, the front entry gates open to the brick-paved motor court set amidst lush tropical landscaping, and in the backyard, nothing is left wanting in this entertainers delight. Here, two loggias and a fully-equipped summer kitchen are adjacent to the sun-dappled, oversized salt-water infinity-edge pool dramatically inset with a spa, sun shelf, bar and sunken fire pit. An arbor enhanced by a cascading waterfall provides another striking focal point, and attractive to water-sports enthusiasts with 75+/- feet on the intracoastal Waterway and direct ocean access with no fixed bridges.

Last Agent to Sell the Property

Pascal Liguori

Premier Estate Properties, Inc License #3009820 Listed on: 01/11/2023

Co-Listed By

Antonio Liguori

Premier Estate Properties, Inc License #3256180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,907

Year Built

  • Built in 2022

Lot Details

  • 0.51 Acre Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System
  • Property is zoned R1A(ci

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Intracoastal
  • Pool

Home Design

  • Flat Roof Shape
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 6,028 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Custom Mirrors
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Pool is Self Cleaning
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio
  • Outdoor Grill

Utilities

  • Air Filtration System
  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Air Purifier
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 40434503010000530

Community Details

Overview

  • Hypoluxo Island Add Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,907

Year Built

Built in 2022

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Hypluxo Island S. of Barefoot Lane on west side
  • Year Built: 2022
  • Year Built Details: Resale
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Elevator, Family/Dining Room, French Door(s)/Atrium Door(s), High Ceilings, Custom Mirrors, Pantry, Separate Shower, Bar, Walk-In Closet(s), Air Filtration
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Wood
  • Living Area: 6028.0
  • Dining Room Type: Family Room, Great Room, In-Law Suite, Laundry, Media Room
  • Stories: 2
  • Window Features: Blinds, Drapes, Impact Glass, Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Intercoastal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Flood Zone, Sprinklers Automatic
  • Pool Features: Cleaning System, Gunite, Heated, Pool Equipment, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete, Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Attached, Driveway, Garage, Open, Garage Door Opener

Utilities

  • Other Equipment: Air Purifier
  • Security: Security System, Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Park, Street Lights
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 40434503010000530
  • Lot Size Sq Ft: 22128.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 57907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
May 12, 2023
Sold by
Jhj Family Trust
Bought by
Gvw Real Estate Lp
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
List Price
$14,850,000
Sold Price
$11,995,000
Premium/Discount to List
-$2,855,000
-19.23%
Views
62
Current Estimated Value
$7,988,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,006,197
Avg. Annual Appreciation
-13.21%

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 14, 2022
Sold by
701 S Atlantic Drive Llc
Bought by
Jhj Family Trust
Seller's Agent
Anthony Hernandez
Illustrated Properties LLC (Co
Buyer's Agent
Pascal Liguori
Premier Estate Properties, Inc
List Price
$10,999,999
Sold Price
$9,500,000
Premium/Discount to List
-$1,499,999
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.36%

Purchase Details

Listed on
Nov 15, 2019
Closed on
May 15, 2020
Sold by
341 Old Jupiter Beach Road Llc
Bought by
701 S Atlantic Drive Llc
Seller's Agent
Diane Duffy
Lang Realty/Delray Beach
Buyer's Agent
Anthony Hernandez
Illustrated Properties LLC (Co
List Price
$2,049,000
Sold Price
$1,700,000
Premium/Discount to List
-$349,000
-17.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.84%

Purchase Details

Listed on
Nov 15, 2019
Closed on
May 7, 2020
Sold by
Ariztoy Oliver and Ariztoy Regina E
Bought by
341 Old Jupiter Beach Road Llc
Seller's Agent
Diane Duffy
Lang Realty/Delray Beach
Buyer's Agent
Anthony Hernandez
Illustrated Properties LLC (Co
List Price
$2,049,000
Sold Price
$1,700,000
Premium/Discount to List
-$349,000
-17.03%

Purchase Details

Closed on
Apr 23, 2010
Sold by
Belardo John and Belardo Deborah
Bought by
Ariztoy Oliver and Ariztoy Regina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2004
Sold by
Sweetapple Robert A and Sweetapple Karen B
Bought by
Belardo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Reich Sara Macaulay
Bought by
Sweetapple Robert A and Sweetapple Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gvw Real Estate Lp $11,995,000 Preferred Title
Jhj Family Trust $9,500,000 Gonzalez Shenkman & Buckstein
701 S Atlantic Drive Llc -- None Available
341 Old Jupiter Beach Road Llc $1,710,000 Attorney
Ariztoy Oliver $950,000 Attorney
Belardo John $1,400,000 --
Sweetapple Robert A $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ariztoy Oliver $417,000
Previous Owner Ariztoy Oliver $417,000
Previous Owner Ariztoy Oliver $200,000
Previous Owner Belardo John $1,387,500
Previous Owner Belardo John $980,000
Previous Owner Sweetapple Robert A $880,000
Closed Belardo John $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $11,995,000 -7.7% $1,990 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $12,995,000 -12.5% $2,156 / Sq Ft
01/11/2023 01/11/23 For Sale $14,850,000 +56.3% $2,464 / Sq Ft
07/21/2022 07/21/22 Sold $9,500,000 -13.6% $1,587 / Sq Ft
06/21/2022 06/21/22 For Sale $10,999,999 +547.1% $1,838 / Sq Ft
05/07/2020 05/07/20 Sold $1,700,000 -17.0% $477 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $2,049,000 0.0% $575 / Sq Ft
11/05/2015 11/05/15 Rented $7,000 -12.5% --
10/06/2015 10/06/15 Under Contract -- -- --
07/15/2015 07/15/15 For Rent $8,000 -- --
Source: BeachesMLS

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 $170,991 $8,755,905 -- --
2023 $148,618 $7,552,398 $4,900,560 $2,651,838
2022 $57,907 $2,490,618 $0 $0
2021 $46,099 $2,264,198 $2,250,000 $14,198
2020 $27,129 $1,329,854 $0 $0
2019 $26,779 $1,299,955 $0 $0
2018 $25,584 $1,275,716 $0 $0
2017 $25,328 $1,249,477 $0 $0
2016 $25,057 $1,223,778 $0 $0
2015 $25,597 $1,215,271 $0 $0
2014 $25,634 $1,205,626 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pascal Liguori

    Premier Estate Properties, Inc

    (561) 414-4849

    12 in this area

    161 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Antonio Liguori

    Premier Estate Properties, Inc

    (561) 278-8188

    7 in this area

    95 Total Sales

    Section Image

  • A

    Seller's Agent in 2022

    Anthony Hernandez

    Illustrated Properties LLC (Co

    (561) 891-3755

    3 in this area

    45 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Julie Schnee

    Illustrated Properties LLC (Co

    (561) 626-7000

    3 in this area

    30 Total Sales

    Section Image

  • D

    Seller's Agent in 2020

    Diane Duffy

    Lang Realty/Delray Beach

  • Joseph Crawford

    Seller's Agent in 2015

    Joseph Crawford

    Keller Williams Coastal Partners

    (561) 676-2680

    50 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10857463

BeachesMLS

APN: 40-43-45-03-01-000-0530

Florida Palm Beach County Lake Worth 33462

701 S Atlantic Dr, Lake Worth, FL

This home is located at 701 S Atlantic Dr, Lake Worth, FL 33462 since 11 January 2023 and is currently estimated at $7,778,296, approximately $1,290 per square foot. This property was built in 2022. 701 S Atlantic Dr is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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