NOT LISTED FOR SALE

705 S Atlantic Dr Lake Worth, FL 33462

Estimated Value: $4,904,000 - $5,917,000

4 Beds
3.5 Baths
3,957 Sq Ft
$1,416/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $2,250,000 $569 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $34,009/month

320 Days on Market

Highlights

  • Private Dock
  • Boat Lift
  • Outdoor Pool
  • Property fronts an intracoastal waterway
  • Newly Remodeled
  • Sitting Area In Primary Bedroom

About This Home

As of May 2015

THIS IS THE BEST SIDE OF INTRA-COASTAL AND THE HOUSE SITS ON THE LARGEST LOT AVALABLE - 125' by 301'! A majestic morning awaits you as the sunset shines its rays over the most outstanding water front property on Hypoluxo Island. Spectacular gated intra-co astal Estate-rare and unique!. Nest of exotic trees from all over the world - Coco Channel perfume tree, diverse fruit trees and many bamboo types with manicured hedges. A well kept secret for a while. This home is anyone's dream .Close to one acre prop.

Last Agent to Sell the Property

Viviane Stampar

MMLS Assoc.-Inactive Member License #3090734 Listed on: 06/10/2014

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Viviane Stampar

MMLS Assoc.-Inactive Member License #3090734 Listed on: 06/10/2014

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,812

Year Built

  • Built in 1990 | Newly Remodeled

Lot Details

  • 125 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Fenced

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,957 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Den
  • Atrium Room
  • Storage Room
  • Intracoastal Views

Kitchen

  • Electric Range
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Parquet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Pool
  • Boat Lift
  • Private Dock
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Hypoluxo Island Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434503010000541

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,812

Year Built

Built in 1990 | Newly Remodeled

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HYPOLUXO ISLAND ADD
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Laundry Tub, Walk-In Closet(s), Atrium, Den/Library/Office, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Parquet, Wood
  • Furnished: Unfurnished
  • Living Area: 3957
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Living Room Features: Atrium, Den/Library/Office, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Intracoastal View
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: Other
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: HYPOLUXO ISLAND ADD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Additional Amenities
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 40434503010000541
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 41812

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Apr 28, 2015
Sold by
Purita Joseph R and Purita Mary A
Bought by
Gonzalez Marcos
Seller's Agent
Viviane Stampar
MMLS Assoc.-Inactive Member
Buyer's Agent
Viviane Stampar
MMLS Assoc.-Inactive Member
List Price
$2,900,000
Sold Price
$2,250,000
Premium/Discount to List
-$650,000
-22.41%
Current Estimated Value
$5,314,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,064,543
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Apr 1, 1999
Sold by
Palin Nickolas and Obrien-Palin Fiona M
Bought by
Purita Joseph R and Purita Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 1997
Sold by
Palin Nickolas and Obrien Fiona Margaret
Bought by
Palin Nickolas and Obrien Fiona M

Purchase Details

Closed on
Dec 19, 1996
Sold by
Sendar Irving and Sendar Shirley
Bought by
Palin Nickolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.65%
Mortgage Type
New Conventional
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
Gonzalez Marcos $2,250,000 Boca Title Services Llc
Purita Joseph R $1,340,000 --
Palin Nickolas $100 --
Palin Nickolas $935,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Marcos $2,000,000
Previous Owner Purita Joseph R $250,000
Previous Owner Palin Nickolas $230,000
Previous Owner Palin Nickolas $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $2,250,000 -21.1% $569 / Sq Ft
11/19/2014 11/19/14 Price Changed $2,849,999 -1.7% $720 / Sq Ft
06/10/2014 06/10/14 For Sale $2,900,000 -- $733 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $60,571 $3,108,197 -- --
2023 $58,874 $3,017,667 $0 $0
2022 $58,344 $2,929,774 $0 $0
2021 $57,550 $2,844,441 $0 $0
2020 $57,307 $2,805,169 $0 $0
2019 $56,585 $2,742,101 $2,400,000 $342,101
2018 $56,155 $2,795,181 $0 $0
2017 $55,759 $2,740,398 $0 $0
2016 $55,178 $2,684,033 $0 $0
2015 $47,752 $2,184,838 $0 $0
2014 $43,250 $1,986,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1962037

MIAMI REALTORS® MLS

APN: 40-43-45-03-01-000-0541