NOT LISTED FOR SALE

88 Island Dr S Boynton Beach, FL 33435

Estimated Value: $4,448,000 - $5,473,000

4 Beds
3.5 Baths
3,961 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $2,675,000 $675 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $30,055/month

70 Days on Market

Highlights

  • Property has ocean access
  • Gunite Pool
  • Marble Flooring
  • Property fronts an intracoastal waterway
  • Roman Tub
  • Attic

About This Home

As of June 2019

For a luxury beach and boating lifestyle, this picture-perfect Mediterranean-inspired deepwater estate features lift-equipped dockage plus deeded beach access at the McCormick Mile beach club. Tasteful updates give a relaxed coastal feel to the elegant design by an award-winning architect. There is a soaring living room with coral fireplace, luxurious 1st-floor master suite, and waterside terrace with saltwater pool. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements

Last Agent to Sell the Property

Pascal Liguori

Premier Estate Properties, Inc License #3009820 Listed on: 03/04/2019

Last Buyer's Agent

Elena Carissimo

Lang Realty/Delray Beach License #3387824

Lang Realty/Delray Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,196

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Fenced
  • Sprinkler System
  • Property is zoned RSF(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Canal
  • Garden
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,961 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace
  • Double Hung Metal Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Mc Cormick Mile Add 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434522100000880

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,196

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Island Dr. is located in Ocean Ridge and it is the last street along A1A before the Boynton Beach inlet if you were heading north. W. on Island Dr.
  • Year Built: 1999
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Pantry, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 3961.0
  • Dining Room Type: Den, Family Room, Great Room, Storage Room
  • Stories: 2
  • Window Features: Double Hung, Metal

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Canal, Garden, Intercoastal, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

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

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 46434522100000880
  • Lot Size Sq Ft: 12171.0
  • Zoning Description: RSF(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 33196.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Jun 13, 2019
Sold by
Becker Mark T and Becker Carol G
Bought by
Glendinning Stewart
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Elena Carissimo
Lang Realty/Delray Beach
List Price
$2,950,000
Sold Price
$2,675,000
Premium/Discount to List
-$275,000
-9.32%
Current Estimated Value
$4,923,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,248,060
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Jul 6, 2009
Sold by
Derosa Margit and Derosa John
Bought by
Becker Mark T and Becker Carol G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 3, 1998
Sold by
M & H Developers Of P B Inc
Bought by
M & H Developers Of Palm Beach Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
6.94%

Purchase Details

Closed on
Apr 27, 1998
Sold by
Sclavi Fred and Sclavi Elizabeth
Bought by
M & H Developers Inc
Source: Public Records

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
Glendinning Stewart $2,675,000 Attorney
Becker Mark T $1,700,000 Attorney
M & H Developers Of Palm Beach Inc $100 --
M & H Developers Inc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glendinning Stewart F $1,940,000
Previous Owner Becker Mark T $690,000
Previous Owner Becker Mark T $725,000
Previous Owner M & H Developers Inc $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $2,675,000 -9.3% $675 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $2,950,000 -- $745 / 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 $37,213 $2,073,309 -- --
2023 $36,392 $2,012,921 $0 $0
2022 $36,300 $1,954,292 $0 $0
2021 $36,209 $1,897,371 $0 $0
2020 $35,736 $1,871,175 $765,000 $1,106,175
2019 $37,957 $1,907,617 $747,000 $1,160,617
2018 $33,196 $1,728,671 $855,535 $873,136
2017 $32,903 $1,696,604 $814,795 $881,809
2016 $31,346 $1,568,767 $0 $0
2015 $31,745 $1,533,336 $0 $0
2014 $30,238 $1,393,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10509741

BeachesMLS

APN: 46-43-45-22-10-000-0880