NOT LISTED FOR SALE

7241 NE 8th Dr Boca Raton, FL 33487

Estimated Value: $4,423,633 - $5,411,000

4 Beds
5.5 Baths
5,556 Sq Ft
$909/Sq Ft Est. Value

Sale Details

Date Sold: February 8, 2022

Last sale price $2,936,000 $528 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $33,328 / mo

Highlights

  • 90 Feet of Waterfront
  • Intracoastal View
  • Canal Access
  • Boca Raton Community Middle School Rated A-
  • In Ground Pool
  • Outdoor Living Area

About This Home

As of November 2023

Nestled on the lovely banks of the Intracoastal Waterway, this 4bed 6bath smart home is a captivating blend of timeless Colonial architecture & contemporary living. Enter through the grand foyer w/enchanting chandeliers into a world of sophistication & innovation. The heart of this home w/remodeled modern kitchen, complete with high-performance Wolf gas stove & sleek Sub-Zero refrigerator. Spacious layout w/split floorplan & ensuite rooms, offering both privacy & convenience for family & guests. Outside, a pristine pool beckons for relaxation & entertainment 90ft waterfront view w/dock. Just bring your boat. A masterpiece where classic charm & modern technology coalesce to create an extraordinary living experience. Discover the pinnacle of waterfront living in this unparalleled residence.

Last Agent to Rent the Property

Philip Rose

Douglas Elliman License #3294676 Listed on: 09/11/2023

Douglas Elliman

Co-Listed By

Steven Solomon

Douglas Elliman License #679223

Last Renter's Agent

Allison Adawi

Douglas Elliman License #3511079

Douglas Elliman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 9,450 Sq Ft Lot
  • 90 Feet of Waterfront
  • Home fronts a canal
  • East Facing Home

Parking

  • 3 Car Garage

Interior Spaces

  • 5,556 Sq Ft Home
  • Partially Furnished
  • Plantation Shutters
  • Intracoastal Views

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • No Fixed Bridges
  • Canal Access
  • Balcony
  • Open Patio
  • Outdoor Living Area

Community Details

  • Boca Harbour Island Sec Subdivision

Listing and Financial Details

  • Property Available on 9/15/23
  • Assessor Parcel Number 06434633030120090

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

9,450 Sq Ft Lot

Parking

3

Rental Info

  • Available Date: 2023-09-15
  • Pet Deposit: 250.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2001
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Gas Range, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 5556.0
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal
  • Road Frontage Type: Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Canal Front, No Fixed Bridges
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Open, Balcony

Garage/Parking

  • Garage Spaces: 3.0
  • Garage Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Pets Allowed: Breed Restrictions, Pet Fee, Yes

Lot Info

  • Parcel #: 06434633030120090
  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Feb 3, 2022
Sold by
Bought by
Buyer's Agent
Steven Presson
The Corcoran Group
List Price
$3,995,000
Sold Price
$2,936,000
Premium/Discount to List
-$1,059,000
-26.51%
Current Estimated Value
$5,050,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,114,408
Avg. Annual Appreciation
13.12%
Original Mortgage
$2,000,000
Outstanding Balance
$1,843,162
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$3,207,246

Purchase Details

Closed on
Dec 15, 2017
Sold by
Bought by

Purchase Details

Listed on
May 16, 2013
Closed on
Sep 7, 2013
Sold by
Bought by
Buyer's Agent
Glen Daniels
The Real Estate Office Co.
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$1,330,000
Interest Rate
4.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2003
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$823,200
Interest Rate
7.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,668
Interest Rate
7.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,936,000 Cohen Norris Wolmer Ray Telepm
-- Attorney
$1,900,000 Genesis Title Company
$1,424,300 None Available
-- --
$394,000 --
$283,000 --
$149,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,000,000
Previous Owner $1,330,000
Previous Owner $823,200
Previous Owner $183,668
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2023 11/02/23 Rented $25,850 0.0% --
10/30/2023 10/30/23 Under Contract -- -- --
09/11/2023 09/11/23 For Rent $25,850 0.0% --
02/08/2022 02/08/22 Sold $2,936,000 -26.5% $528 / Sq Ft View Prior Sale
01/09/2022 01/09/22 Pending -- -- --
09/17/2021 09/17/21 For Sale $3,995,000 +110.3% $719 / Sq Ft
09/27/2013 09/27/13 Sold $1,900,000 -11.6% $342 / Sq Ft View Prior Sale
08/28/2013 08/28/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $2,150,000 -- $387 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $74,491 $4,122,944 -- --
2024 $74,491 $4,358,004 -- --
2023 $70,093 $4,064,703 $2,450,250 $1,614,453
2022 $53,840 $3,046,696 $0 $0
2021 $31,493 $1,766,660 $0 $0
2020 $31,052 $1,742,268 $0 $0
2019 $31,220 $1,703,097 $0 $0
2018 $29,262 $1,671,342 $0 $0
2017 $29,106 $1,636,966 $0 $0
2016 $29,224 $1,603,297 $0 $0
2015 $30,028 $1,592,152 $0 $0
2014 $30,154 $1,579,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10399197

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-46-33-03-012-0090

Your Personal Tour Guide

Ask me questions while you tour the home.