$2,295,000
SOLD JAN 27, 2025

707 S Atlantic Dr Lantana, FL 33462

3 Beds
3 Baths
2,622 Sq Ft
0.35 Acres

Recently Sold

$875 Per Sq Ft

20 Days on Market

Highlights

  • Saltwater Pool
  • Garden View
  • Great Room
  • Roman Tub
  • High Ceiling
  • Plantation Shutters

About This Home

As of January 2025

Stunning Luxury Home on Hypoluxo Island. Nestled on the prestigious Hypoluxo Island, this exquisite 3-bedroom, 3-bathroom luxury home, built by the renowned Farrell Building Company, offers 2,600 square feet of elegantly designed living space. With its expansive open floor plan, high ceilings, and top-tier finishes, this residence is the perfect blend of sophistication and comfort. Enjoy seamless indoor-outdoor living with a gorgeous saltwater pool, ideal for relaxing or entertaining, surrounded by lush landscaping. The home features oversized moldings, solid core doors, and fine finishes throughout, showcasing the craftsmanship and attention to detail that Farrell Building Company is known for. For added peace of mind, the property also includes a Generac generator. Located just over

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 12/18/2024

The Corcoran Group

Co-Listed By

Hunter Presson

The Corcoran Group License #3612777

Last Buyer's Agent

Candace Friis

The Corcoran Group License #582187

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,649

Year Built

  • Built in 2015

Lot Details

  • 0.35 Acre Lot
  • Sprinkler System
  • Property is zoned R1A(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,622 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Built-In Features
  • High Ceiling
  • Plantation Shutters
  • Double Hung Metal Windows
  • Great Room
  • Family Room
  • Open Floorplan
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Saltwater Pool
  • Patio
  • Outdoor Grill

Utilities

  • Cooling System Powered By Gas
  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Hypoluxo Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434503010000572

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,649

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2015
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Family/Dining Room, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Main Level Bedrooms: 1
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Other, Tile
  • Living Area: 2622.0
  • Dining Room Type: Family Room, Great Room
  • Stories: 1
  • Window Features: Double Hung, Metal, Plantation Shutters

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Garden
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

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

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Gas, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • 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: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 40434503010000572
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 15225.0
  • Zoning Description: R1A(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 28649.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Jan 22, 2025
Sold by
Musa Alec
Bought by
Karabas Alexander P and Karabas Alexis Daye
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
Candace Friis
The Corcoran Group
List Price
$2,295,000
Sold Price
$2,295,000
Views
8
Current Estimated Value
$2,387,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,392
Avg. Annual Appreciation
4.64%
Original Mortgage
$1,491,750
Outstanding Balance
$1,478,827
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$908,565

Purchase Details

Closed on
Aug 26, 2024
Sold by
Margaret Ann Albergo Trust and Albergo Margaret Ann
Bought by
Golex Properties Llc

Purchase Details

Closed on
Aug 22, 2024
Sold by
Golex Properties Llc
Bought by
Musa Alec

Purchase Details

Listed on
Oct 23, 2013
Closed on
Jun 10, 2014
Sold by
Huntington National Bank
Bought by
Albergo Margaret Ann and Margaret Ann Albergo Trust
Seller's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Margaret Bucci
Inactive Member
List Price
$439,000
Sold Price
$300,000
Premium/Discount to List
-$139,000
-31.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.75%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Kile Charles
Bought by
Huntington National Bank and Anthony R Woodward Residence Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $2,295,000 Nu World Title
Warranty Deed $2,295,000 Nu World Title
Warranty Deed $1,550,000 Closed Llc
Warranty Deed $1,550,000 Closed Llc
Warranty Deed $1,600,000 Closed Llc
Warranty Deed $1,600,000 Closed Llc
Deed $300,000 Florida Title & Guarantee
Warranty Deed $175,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,491,750 New Conventional
Closed $1,491,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2025 01/27/25 Sold $2,295,000 0.0% $875 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/18/2024 12/18/24 For Sale $2,295,000 +665.0% $875 / Sq Ft
06/11/2014 06/11/14 Sold $300,000 -31.7% -- View Prior Sale
05/12/2014 05/12/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $439,000 -- --
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
2025 $28,649 $1,758,823 -- --
2024 $28,649 $1,336,347 -- --
2023 $27,932 $1,214,861 $0 $0
2022 $23,794 $1,104,419 $0 $0
2021 $21,286 $1,037,337 $580,000 $457,337
2020 $19,444 $912,743 $420,000 $492,743
2019 $20,285 $996,183 $440,000 $556,183
2018 $17,529 $833,534 $372,297 $461,237
2017 $18,526 $874,530 $372,297 $502,233
2016 $17,628 $802,555 $0 $0
2015 $6,345 $286,382 $0 $0
2014 $5,845 $260,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11045847

BeachesMLS

APN: 40-43-45-03-01-000-0572