NOT LISTED FOR SALE

824 Pelican Point Cove Boca Raton, FL 33431

Estimated Value: $6,922,000 - $13,194,945

7 Beds
10 Baths
7,364 Sq Ft
$1,236/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $12,125,000 $1,647 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $67,011/month

690 Days on Market

Highlights

  • Gated with Attendant
  • Home Theater
  • Private Pool
  • Boca Raton Community Middle School Rated A-
  • New Construction
  • Waterfront

About This Home

As of April 2021

New Tour de Force Modern architectural deepwater estate in The Sanctuary by Steigerbuilt, LLC and cutting-edge Miami-based Choeff, Levy, Fischman Architecture + Design. Glass, stone and exotic wood blend to create one of the most amazing waterfront estates in Boca Raton with 3-levels of luxury and style. Resort-like infinity pool with walk over water feature and yacht dock. Crestron home automation Smart House with wifi hotspots and pre-wired speakers in all rooms including exterior patio.

Last Agent to Sell the Property

Joseph Liguori

Premier Estate Properties Inc License #487849 Listed on: 04/19/2019

Last Buyer's Agent

Courtney Bafer

Luxury Partners Realty License #692523

Luxury Partners Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,370

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Fenced
  • Sprinkler System
  • Property is zoned R1B-R1

HOA Fees

  • $1,525 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 7,364 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Great Room
  • Combination Dining and Living Room
  • Home Theater
  • Canal Views
  • Impact Glass
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434708200000080

Community Details

Overview

  • Association fees include security
  • The Sanctuary Subdivision

Recreation

  • Tennis Courts

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,370

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$1,525 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call Listing Office
  • Year Built: 2021
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Elevator, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Other
  • Living Area: 7364.0
  • Dining Room Type: Great Room, Laundry, Media Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence
  • View: Canal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1525.0
  • Community Features: Gated, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Parcel #: 06434708200000080
  • Lot Size Sq Ft: 13921.0
  • Zoning Description: R1B-R1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 28370.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Apr 9, 2021
Sold by
824 Pelican Llc
Bought by
Bafer Alexander and Bafer Courtney
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Courtney Bafer
Luxury Partners Realty
List Price
$10,950,000
Sold Price
$12,125,000
Premium/Discount to List
$1,175,000
10.73%
Current Estimated Value
$9,105,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,019,685
Avg. Annual Appreciation
-6.17%

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 31, 2018
Sold by
Fraiberg David and Peng Lili
Bought by
824Pelican Llc
Seller's Agent
Rochelle LeCavalier
Douglas Elliman
Buyer's Agent
Barbara Penn
United Realty Group, Inc
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.02%
Original Mortgage
$960,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bafer Alexander $12,125,000 Attorney
824Pelican Llc $1,600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 824Pelican Llc $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2021 04/09/21 Sold $12,125,000 +10.7% $1,647 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
04/19/2019 04/19/19 For Sale $10,950,000 +584.4% $1,487 / Sq Ft
05/31/2018 05/31/18 Sold $1,600,000 -8.6% $310 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $1,750,000 -- $339 / Sq Ft
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
2024 $208,247 $12,251,675 -- --
2023 $203,761 $11,894,830 $0 $0
2022 $202,417 $11,548,379 $0 $0
2021 $31,445 $1,763,019 $1,760,000 $3,019
2020 $28,370 $1,571,019 $1,568,000 $3,019
2019 $29,195 $1,571,019 $1,568,000 $3,019
2018 $29,354 $1,731,428 $1,648,442 $82,986
2017 $26,211 $1,435,943 $1,351,182 $84,761
2016 $18,305 $1,013,838 $0 $0
2015 $18,798 $1,006,790 $0 $0
2014 $18,876 $998,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10523399

BeachesMLS

APN: 06-43-47-08-20-000-0080