$3,300,000
SOLD SEP 13, 2018

87 Island Dr S Boynton Beach, FL 33435

4 Beds
4.5 Baths
3,892 Sq Ft
0.28 Acres

Recently Sold

$848 Per Sq Ft

15% Below List Price

578 Days on Market

Highlights

  • 115 Feet of Waterfront
  • Newly Remodeled
  • Canal View
  • Property has ocean access
  • Concrete Pool
  • Deck

About This Home

As of September 2018

87 Island Drive Ocean Ridge, FL 33435. Finished and furnished, so enjoy now! This Richard Jones designed residence embodies Chic Contemporary living on 115' wide waterfront, with the home's location just lots from direct Intracoastal Waterway and nearby inlet for short voyages to the ocean. The rear of this luxury home faces east capturing ocean breezes. This homes offers the finest modern finishes and attention to detail the industry has to offer. The open floor plan allows rooms to flow effortlessly to the next while the floor to ceiling windows provide an abundance of natural light and stunning views of the pool, lushly landscaped grounds and waterfront views. The ground floor features a two story glass entry with contemporary staircase, expansive living room with impact glass slide

Last Agent to Sell the Property

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 01/12/2017

The Corcoran Group

Co-Listed By

Karen Hammer

One Sotheby's International Re License #3087819

Last Buyer's Agent

Rebecca Frase

Coldwell Banker Realty /Delray Beach License #3388762

Coldwell Banker Realty /Delray Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,001

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.28 Acre Lot
  • 115 Feet of Waterfront
  • Sprinkler System
  • Property is zoned RSF(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Aluminum Roof

Interior Spaces

  • 3,892 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Florida or Dining Combination
  • Den
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • <<builtInOvenToken>>
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Concrete Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Mc Cormick Mile Add 1 Subdivision, New Contemporary Construction Floorplan

Listing and Financial Details

  • Assessor Parcel Number 46434522100000870

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,001

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Boynton Beach Blvd. East to Federal Hwy., Right going south to Ocean Avenue, going east to A1A, turn North onto A1A then turn left onto Island Drive.
  • Year Built: 2018
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, Family/Dining Room, Garden Tub/Roman Tub, Separate Shower, Walk-In Closet(s)
  • Furnished: Partially
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Living Area: 3892.0
  • Dining Room Type: Den, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Deck, Outdoor Grill, Patio
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Heated, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: New Construction
  • Roof: Aluminum

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 46434522100000870
  • Lot Size: 115.0 ft x 105.0 ft
  • Lot Size Sq Ft: 12086.0
  • Zoning Description: RSF(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 16001.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Sep 10, 2018
Sold by
Nomi Realities Lp
Bought by
Watson William
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Rebecca Frase
Coldwell Banker Realty /Delray Beach
List Price
$3,875,000
Sold Price
$3,300,000
Premium/Discount to List
-$575,000
-14.84%
Current Estimated Value
$5,498,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,198,325
Avg. Annual Appreciation
8.49%
Original Mortgage
$2,300,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2016
Sold by
Lacho Mark
Bought by
Nomi Realties Lp

Purchase Details

Closed on
Apr 16, 2015
Sold by
Azozu Llc
Bought by
Lacho Mark

Purchase Details

Closed on
Apr 15, 2015
Sold by
Lacho Mark
Bought by
Azozu Llc

Purchase Details

Listed on
Jun 3, 2010
Closed on
Apr 11, 2013
Sold by
Valentine John A
Bought by
Lacho Mark
Seller's Agent
Loretta Morelli
Illustrated Properties LLC (Co
List Price
$876,000
Sold Price
$645,000
Premium/Discount to List
-$231,000
-26.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.69%
Original Mortgage
$250,000
Interest Rate
3.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 1997
Sold by
Marilyn R Tr And Sherman L Tuppen
Bought by
Valentine John A

Purchase Details

Closed on
Sep 29, 1997
Sold by
Tuppen Sherman L and Tuppen Marilyn Tuppen
Bought by
Tuppen Marilyn R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,300,000 Attorney
Warranty Deed $115,000 Fishermans Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $645,000 The Title Network Inc
Warranty Deed $535,000 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 New Conventional
Closed $2,300,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $219,950 Credit Line Revolving
Previous Owner $770,000 Stand Alone First
Previous Owner $84,318 New Conventional
Previous Owner $644,000 New Conventional
Closed $0 No Value Available
Closed $80,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $3,300,000 -14.8% $848 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
01/12/2017 01/12/17 For Sale $3,875,000 +500.8% $996 / Sq Ft
05/13/2013 05/13/13 Sold $645,000 -26.4% $262 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
06/03/2010 06/03/10 For Sale $876,000 -- $356 / 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 $69,417 $3,462,185 -- --
2023 $65,965 $3,147,441 $0 $0
2022 $57,445 $2,861,310 $0 $0
2021 $50,491 $2,601,191 $950,000 $1,651,191
2020 $46,227 $2,379,027 $765,000 $1,614,027
2019 $45,556 $2,295,437 $747,000 $1,548,437
2018 $16,613 $869,677 $855,535 $14,142
2017 $16,001 $829,393 $814,795 $14,598
2016 $14,738 $741,593 $0 $0
2015 $15,185 $722,722 $0 $0
2014 $13,770 $657,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10298272

BeachesMLS

APN: 46-43-45-22-10-000-0870