NOT LISTED FOR SALE

Estimated Value: $758,000 - $837,000

3 Beds
2 Baths
2,304 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $770,000 $334 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,649/month

40 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • No HOA
  • Private Dock
  • Deck
  • Cooking Island

About This Home

As of May 2023

Experience amazing views from your living, family room, and kitchen. Spend your free time enjoying the views or entertaining on the screened patio overlooking the pool and lake. Experience the ultimate in waterfront living in the exclusive community of Royal Palm Estates with No HOA fees. This stunning 3-bed, 2-bath home features a private oasis with a screened-in lanai, pool, private dock, coral rock waterfall, koi pond, and stream that connects to the lake. Hurricane shutters. In a fantastic location, near I-595 and less than 2 miles from Nova Southeastern University, and close to grocery stores, restaurants, and shops. Enjoy South Florida at its finest. Don't miss the chance to own a piece of paradise.

Last Listed By

Matthew Krac

One Sotheby's Int'l Realty License #3103474 Listed on: 04/12/2023

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • 102 Ft Wide Lot
  • Lake Front
  • Northwest Facing Home
  • Fenced
  • Property is zoned RS-3F

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Complete Accordion Shutters
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Access To Lake
  • Private Dock
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Royal Palm Estates Sec 2,Royal Palm Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504110150060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,013

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ROYAL PALM ESTATES SEC 2,ROYAL PALM ESTATES
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Custom Mirrors, Laundry Tub, Pantry, Pull Down Stairs, Split Bedroom, Walk-In Closet(s), Family Room
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Vinyl
  • Furnished: Unfurnished
  • Living Area: 2304
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, High Impact Windows, Other Windows, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Metal Roof
  • View: Lake, Water
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake, Lake Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ROYAL PALM ESTATES SEC 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504110150060
  • Lot Size Sq Ft: 12240
  • Zoning: RS-3F
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 23, 2023
Sold by
Monaghan John E and Monaghan Joanne M
Bought by
Bermudez Nicholas A and Bermudez Lourdes F
Seller's Agent
Matthew Krac
One Sotheby's Int'l Realty
Buyer's Agent
Jacqueline Infante
The Keyes Company
List Price
$795,000
Sold Price
$770,000
Premium/Discount to List
-$25,000
-3.14%
Total Days on Market
40
Views
7
Current Estimated Value
$810,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,404
Avg. Annual Appreciation
4.08%
Original Mortgage
$470,000
Outstanding Balance
$460,167
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$374,582

Purchase Details

Closed on
Apr 4, 2013
Sold by
Bank Of New York
Bought by
Mhk Assets Corp

Purchase Details

Closed on
Jun 30, 1994
Sold by
Dobbs Rita R
Bought by
Monaghan John E and Monaghan Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
8.51%

Purchase Details

Closed on
Oct 5, 1993
Sold by
Dobbs Ronald W
Bought by
Dobbs Rita R

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
Bermudez Nicholas A $770,000 None Listed On Document
Mhk Assets Corp $108,000 Stewart Title Company
Monaghan John E $205,000 --
Dobbs Rita R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermudez Nicholas A $470,000
Previous Owner Monaghan John Edward $350,000
Previous Owner Monaghan John E $198,000
Previous Owner Monaghan John E $75,000
Previous Owner Monaghan John E $203,000
Previous Owner Monaghan John E $194,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $770,000 -3.1% $334 / Sq Ft
04/12/2023 04/12/23 For Sale $795,000 -- $345 / 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
2025 $13,348 $695,120 $97,920 $597,200
2024 $5,260 $695,120 $97,920 $597,200
2023 $5,260 $293,110 $0 $0
2022 $5,013 $284,580 $0 $0
2021 $4,851 $276,300 $0 $0
2020 $4,766 $272,490 $0 $0
2019 $4,678 $266,370 $0 $0
2018 $4,512 $261,410 $0 $0
2017 $4,464 $256,040 $0 $0
2016 $4,394 $250,780 $0 $0
2015 $4,474 $249,040 $0 $0
2014 $4,475 $247,070 $0 $0
2013 -- $268,920 $97,920 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11369677

MIAMI REALTORS® MLS

APN: 50-41-10-15-0060