NOT LISTED FOR SALE

Estimated Value: $5,829,000 - $27,930,716

8 Beds
12 Baths
11,975 Sq Ft
$1,410/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $13,958,374 $1,166 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $115,731/month

394 Days on Market

Highlights

  • 114 Feet of Waterfront
  • Cabana
  • Contemporary Architecture
  • Direct Ocean View
  • Garage Apartment
  • Marble Flooring

About This Home

As of June 2016

This direct ocean contemporary truly has everything to offer. Located in the Delray Estate Section, this elegant custom built home has white Thassos marble floors, dramatic 30 foot ceiling heights and floor to ceiling glass walls, all designed to maximize the magnificent views of the Atlantic Ocean, elegant pool, spa and impeccably groomed back yard. Only steps away from white sandy beaches.

Last Agent to Sell the Property

DEREK MONTGOMERY

OCEAN & INTRACOASTAL PROPERTIES, INC. Listed on: 04/06/2015

Last Buyer's Agent

JACK ELKINS

THE CORCORAN GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $166,488

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 114x735x116x735
  • 114 Feet of Waterfront
  • West Facing Home
  • Fenced Front Yard
  • Sprinkler System
  • Property is zoned R15

Parking

  • 4 Car Garage
  • Garage Apartment
  • Bathroom In Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,975 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Storage
  • Utility Room
  • Marble Flooring
  • Direct Ocean Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 12 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Cabana
  • Heated Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Delray Ocean Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12434621000010100

Home Details

Home Type

Single Family

Est. Annual Taxes

$166,488

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 114x735x116x735
  • Subdivision Name: Delray Ocean Estates
  • Directions: Directions A1A on east side. Approximately mid-way between Atlantic and Linton.
  • Above Grade Finished Sq Ft: 146929.82
  • Architectural Style: Contemporary
  • Year Built: 1996
  • Location Tax Legal:Zoned: R15
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 166487.6
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 11975.0
  • 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
  • General Property Description:Lot Dim (1): 114x735x116x735
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Pool:Heated - Electric: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure:West: Yes
  • General Property Description:Waterfront Ftg: 114.0
  • Waterfront:Ocean-Direct: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Other Equipment: Intercom
  • Half Bathrooms: 3
  • Total Bedrooms: 8
  • Flooring: Marble
  • Interior Amenities: Bidet, Elevator, Fireplace, Sound System, Storage, Wet Bar, Pantry
  • Living Area: 11975.0
  • Window Features: Other
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Lot Features: 1 to 3 Acres
  • Pool Features: Pool, Heated - Electric, Spa
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Stucco, Concrete, Block
  • Exterior Features: Balcony, Fence-Front Wall, Storm Shutters-Auto, Sprinkler System
  • Other Structures: Cabana
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Pool/Spa: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:Storm Shutters- Auto: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Detached, Toilet in Garage
  • Garage: Yes
  • Garage Detached: Yes
  • Other Rooms:Garage Apartment: Yes
  • Garage:Toilet in Garage: Yes

Utilities

  • Security: Smoke Detectors
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 12434621000010100
  • Zoning: R15

Tax Info

  • Tax Annual Amount: 166487.6
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
Jun 28, 2016
Sold by
Moceri Dominic and Moceri Frances
Bought by
Steinberg Robert and Robert Steinberg Living Trust
Seller's Agent
DEREK MONTGOMERY
OCEAN & INTRACOASTAL PROPERTIES, INC.
Buyer's Agent
JACK ELKINS
THE CORCORAN GROUP
List Price
$13,958,374
Sold Price
$13,958,374
Current Estimated Value
$16,879,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,921,484
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Jun 17, 1993
Sold by
Morrell Michael F and Morrell Mary J
Bought by
Moceri Dominic
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
Steinberg Robert $13,958,974 None Available
Moceri Dominic $2,400,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2016 06/30/16 Sold $13,958,374 0.0% $1,166 / Sq Ft
06/30/2016 06/30/16 Sold $13,958,374 0.0% $1,161 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
05/04/2016 05/04/16 Pending -- -- --
04/06/2015 04/06/15 For Sale $13,958,374 -26.3% $1,166 / Sq Ft
01/29/2014 01/29/14 For Sale $18,950,000 -- $1,577 / 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
2025 $329,589 $16,881,202 -- --
2024 $329,589 $15,346,547 -- --
2023 $294,570 $13,951,406 $0 $0
2022 $262,013 $12,683,096 $0 $0
2021 $230,465 $11,533,383 $10,500,300 $1,033,083
2020 $210,250 $10,321,389 $9,000,300 $1,321,089
2019 $214,264 $10,402,782 $9,000,300 $1,402,482
2018 $241,346 $11,975,175 $10,459,749 $1,515,426
2017 $237,963 $11,572,116 $9,961,680 $1,610,436
2016 $202,227 $8,530,826 $0 $0
2015 $182,556 $7,755,296 $0 $0
2014 $166,488 $7,050,269 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-791

APN: 12-43-46-21-00-001-0100