S
Buyer's Agent in 2020
Senada Adzem
Douglas Elliman
(561) 929-8944
137 Total Sales
850 Lake Dr Boca Raton, FL 33432
Boca Raton AreaEstimated Value: $3,535,000
6
Beds
9
Baths
12,101
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Private Dock
- Media Room
- Boca Raton Community Middle School Rated A-
- Property fronts an intracoastal waterway
- Pool
About This Home
As of November 2020Cast against one of the most picturesque backdrops in all of Palm Beach County, this sprawling Provence-inspired masterpiece on Lake Boca Raton thoughtfully bridges the worlds of artisanal splendor and contemporary comfort. Set in Por la Mar, one of the most quaint communities in Boca Raton, this epic six-bedroom property (with seven full baths and two powder rooms) encompasses 17,114 square feet—including 12,101 square feet of living space. In addition to being ideally positioned along 120 feet of protected deep-water dockage, boating enthusiasts have direct ocean access through the Boca Inlet. Better still, the quiet lakefront setting, which overlooks the Boca Raton Resort & Club, is a luxury enclave unto itself. That thread extends past the soothing outdoor fountains that frame the bluestone walkway leading to the front doors. Originally built by Mark Timothy Inc. in 2003 and designed by Marc Michaels, the two-story estate, with tropical grounds manicured and landscaped to perfection, recalls a lavish villa along the French Riviera. Exquisite interior details only add to the drama. The formal living room features soaring ceilings and a two-story, wood-paneled fireplace with onyx inlay; a second living room boasts a pecky cypress ceiling and a sit-down, granite-topped wet bar. An entire main-floor wing is devoted to the master suite, which opens to a private loggia overlooking the lake. The wing also includes an exercise room, separate his and her baths, and separate custom-designed closets (including a designer accessory island, shoe backlighting and a private courtyard window in her closet). Marble countertops, custom stone flooring and state-of-the-art appliances are among the highlights in a gourmet chef's kitchen with an oversized island and butler's pantry. Nearby is a brick, temperature-controlled wine room that conjures images of a Tuscan cellar flowing with vintage selections. Another highlight of the main floor: a two-story library with exquisite millwork, built-in bookcases on both levels and a hidden spiral staircase. Along with the four additional bedrooms (each with marble baths, separate soaking tubs and lakeside balconies), the second floor features a private clubroom with a media lounge, billiards table, full-service bar and poker table area. The adventure continues outdoors with spaces perfectly rendered for entertaining, starting with a sweeping wraparound loggia and brick terrace. A resort-style lagoon pool and waterfall spa, beautifully encased by lush green foliage, offer privacy without diminishing the lakeside views.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $188,347
Year Built
- Built in 2003
Lot Details
- 28,711 Sq Ft Lot
- Property fronts an intracoastal waterway
- Southeast Facing Home
- Property is zoned R1B
Parking
- 4 Car Garage
- Automatic Garage Door Opener
- Circular Driveway
- Parking Garage Space
- Open Parking
Property Views
- Intracoastal
- Lake
Home Design
- Tile Roof
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 12,101 Sq Ft Home
- Property has 2 Levels
- Wet Bar
- Bar
- Vaulted Ceiling
- French Doors
- Entrance Foyer
- Family Room
- Formal Dining Room
- Media Room
- Den
- Sun or Florida Room
Kitchen
- Gas Range
- Microwave
- Free-Standing Freezer
- Dishwasher
- Snack Bar or Counter
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom on Main
- Walk-In Closet
- Two Primary Bathrooms
- Roman Tub
- Jetted Tub in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
Pool
Outdoor Features
- Property has ocean access
- No Fixed Bridges
- Private Dock
- Patio
Schools
- Boca Raton Elementary School
- Boca Raton Community Middle School
- Boca Raton Community High School
Utilities
- Cooling Available
- Central Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 06434729040001130
Community Details
Overview
- No Home Owners Association
- Boca Raton Por La Mar Subdivision
Recreation
- Community Boat Dock
- Community Pool
Amenities
- Elevator
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
Jul 18, 2020
Closed on
Nov 10, 2020
Sold by
Bought by
Buyer's Agent
Senada Adzem
Douglas Elliman
List Price
$12,750,000
Sold Price
$12,025,000
Premium/Discount to List
-$725,000
-5.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,490,000
Avg. Annual Appreciation
-19.15%
Purchase Details
Listed on
Sep 18, 2015
Closed on
Jun 30, 2016
Sold by
Bought by
Buyer's Agent
Juliana Testoni
Coral Shores Realty
List Price
$12,950,000
Sold Price
$11,500,000
Premium/Discount to List
-$1,450,000
-11.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%
Purchase Details
Listed on
Sep 4, 2013
Closed on
Aug 30, 2013
Sold by
Bought by
Seller's Agent
Gerard Liguori
Premier Estate Properties Inc
Buyer's Agent
Gerard Liguori
Premier Estate Properties Inc
List Price
$12,950,000
Sold Price
$9,500,000
Premium/Discount to List
-$3,450,000
-26.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Purchase Details
Closed on
Jun 9, 2004
Sold by
Bought by
Purchase Details
Closed on
Sep 13, 2000
Sold by
Bought by
Purchase Details
Closed on
Jun 9, 1993
Sold by
Bought by
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 |
|---|---|---|---|
| $12,025,000 | Attorney | ||
| $11,500,000 | None Available | ||
| $9,500,000 | Attorney | ||
| $14,000,000 | -- | ||
| $4,750,000 | -- | ||
| -- | -- |
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 |
|---|---|---|---|---|---|
| 11/10/2020 11/10/20 | Sold | $12,025,000 | -5.7% | $994 / Sq Ft | |
| 10/11/2020 10/11/20 | Pending | -- | -- | -- | |
| 07/18/2020 07/18/20 | For Sale | $12,750,000 | +10.9% | $1,054 / Sq Ft | |
| 06/30/2016 06/30/16 | Sold | $11,500,000 | -11.2% | $950 / Sq Ft | View Prior Sale |
| 05/31/2016 05/31/16 | Pending | -- | -- | -- | |
| 09/18/2015 09/18/15 | For Sale | $12,950,000 | +36.3% | $1,070 / Sq Ft | |
| 09/03/2013 09/03/13 | Sold | $9,500,000 | -26.6% | $721 / Sq Ft | View Prior Sale |
| 09/03/2013 09/03/13 | For Sale | $12,950,000 | -- | $983 / Sq Ft |
Source: MIAMI REALTORS® MLS
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 | $287,197 | $25,143,946 | ||
| 2024 | $287,197 | $14,087,395 | ||
| 2023 | $262,761 | $12,806,723 | $9,846,400 | $9,566,467 |
| 2022 | $242,568 | $11,642,475 | $0 | $0 |
| 2021 | $191,440 | $10,584,068 | $5,250,000 | $5,334,068 |
| 2020 | $190,239 | $10,557,504 | $0 | $0 |
| 2019 | $191,230 | $10,313,396 | $0 | $0 |
| 2018 | $179,291 | $10,121,095 | $4,907,760 | $5,213,335 |
| 2017 | $178,490 | $9,914,644 | $0 | $0 |
| 2016 | $181,641 | $9,698,204 | $0 | $0 |
| 2015 | $169,397 | $8,816,549 | $0 | $0 |
| 2014 | $162,431 | $8,350,587 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Senada Adzem
-
J
Buyer's Agent in 2016
Juliana Testoni
Coral Shores Realty
-
Gerard Liguori
G
Seller's Agent in 2013
Gerard Liguori
Premier Estate Properties Inc
(561) 338-4061
24 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: R10639828
APN: 06-43-47-29-04-000-1130
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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