NOT LISTED FOR SALE

707 S Atlantic Dr Lantana, FL 33462

Estimated Value: $2,023,000 - $2,590,000

3 Beds
3 Baths
2,622 Sq Ft
$888/Sq Ft Est. Value

Last Sold January 27, 2025

Last sale price $2,295,000 $875 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $14,507/month

20 Days on Market

Highlights

  • Saltwater Pool
  • Garden View
  • No HOA
  • Roman Tub
  • High Ceiling
  • Screened Porch

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 half a mile from the beach and minutes from world-class dining at Nobu and nearby restaurants, this home is in a prime location for coastal living. Only 20 minutes to Worth Avenue in Palm Beach, you're never far from shopping, culture, and entertainment. The property also offers the convenience of a spacious 2-car garage. Hypoluxo Island represents one of the best values for coastal living in South Florida, combining tranquility, luxury, and proximity to everything you love about the area. Don't miss the opportunity to make this remarkable home yours!

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
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2,622 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Plantation Shutters
  • Double Hung Metal Windows
  • Open Floorplan
  • Screened Porch
  • 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
  • Balcony
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • 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

0.35 Acres

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: Multi/Split, One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Bathtub, Central Vacuum, Family/Dining Room, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Main Level Primary, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • 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
  • Living Area: 2622.0
  • Stories: 1
  • Window Features: Double Hung, Metal, Plantation Shutters, Storm Window(s)

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area
  • View: Garden
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: Heated, In Ground, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio, Porch, Screened, Balcony
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

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

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Gas, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, 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 #: 40434503010000572
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246.0
  • Mobile Dim Units: Feet
  • Zoning: 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
$2,329,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,499
Avg. Annual Appreciation
1.33%
Original Mortgage
$1,491,750
Outstanding Balance
$1,476,153
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$853,346

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
19.02%

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
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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
Karabas Alexander P $2,295,000 Nu World Title
Karabas Alexander P $2,295,000 Nu World Title
Golex Properties Llc $1,550,000 Closed Llc
Golex Properties Llc $1,550,000 Closed Llc
Musa Alec $1,600,000 Closed Llc
Musa Alec $1,600,000 Closed Llc
Albergo Margaret Ann $300,000 Florida Title & Guarantee
Huntington National Bank $175,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karabas Alexander P $1,491,750
Closed Karabas Alexander P $1,491,750
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 (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 $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

  • Steven Presson

    Seller's Agent in 2025

    Steven Presson

    The Corcoran Group

    (561) 757-0172

    36 in this area

    108 Total Sales

    Steven Presson
    Section Image

  • H

    Seller Co-Listing Agent in 2025

    Hunter Presson

    The Corcoran Group

    (561) 945-1988

    9 in this area

    20 Total Sales

    Hunter Presson
    Section Image

  • C

    Buyer's Agent in 2025

    Candace Friis

    The Corcoran Group

    (561) 573-9966

    2 in this area

    138 Total Sales

    Candace Friis
    Section Image
  • Todd Peter

    Seller's Agent in 2014

    Todd Peter

    Sotheby's Intl. Realty, Inc.

    (561) 281-0031

    62 Total Sales

    Todd Peter
    Section Image

  • M

    Buyer's Agent in 2014

    Margaret Bucci

    Inactive Member

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11045847

BeachesMLS (Greater Fort Lauderdale)

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

Florida Palm Beach County Lantana 33462

707 S Atlantic Dr, Lantana, FL

Not Listed for Sale

Detached

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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