NOT LISTED FOR SALE

Estimated Value: $5,440,000 - $8,530,000

6 Beds
9 Baths
8,063 Sq Ft
$831/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $3,455,000 $429 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $39,918/month

15 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Heated Pool
  • Boca Raton Community Middle School Rated A-
  • Home Theater
  • Waterfront

About This Home

As of August 2019

Welcome to 918 Tropic Blvd. Over 8,000 square feet of sprawling living space in this 3 floor waterfront gated home! Drive through your automatic gates with keypad entry. Gourmet chefs kitchen features a sub zero refrigerator and freezer, double dishwasher,built in espresso maker and a food steamer. With magnificent water views from every window, keep an eye on your yacht with over 200 feet of water frontage. Whether you are cooking, relaxing by the fireplace, in your office (that can be converted to a bedroom) or entertaining in the great room with a full bar, this home has it all!

Last Agent to Sell the Property

Jared Ringel

One Sotheby's International Realty License #3321386 Listed on: 07/08/2019

One Sotheby's International Realty

Co-Listed By

Joshua Gold

One Sotheby's International Realty License #3329436

Last Buyer's Agent

Fred Stuebing

Coldwell Banker License #3039239

Coldwell Banker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,844

Year Built

  • Built in 2008

Lot Details

  • 10,794 Sq Ft Lot
  • Waterfront
  • Fenced
  • Property is zoned R-1-AA

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 8,063 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Home Theater
  • Den
  • Recreation Room

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire Sprinkler System

Pool

  • Heated Pool
  • Fence Around Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434628010000750

Community Details

Overview

  • Tropic Isle Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,844

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy to Tropic Blvd., head east and home will be on the right.
  • Year Built: 2008
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Elevator, Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 8063.0
  • Dining Room Type: Den, Media Room, Recreation
  • Stories: 3
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Fence, Outdoor Grill
  • Lot Features: < 1/4 Acre
  • Pool Features: Fenced, Heated, Other, Pool Equipment, Pool
  • Pool Private: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security System, Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628010000750
  • Lot Size Sq Ft: 10794.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 62844.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Aug 23, 2019
Sold by
Sasa Management Llc
Bought by
Lovstedt Fredrik and Blitz Ebba
Seller's Agent
Jared Ringel
One Sotheby's International Realty
Buyer's Agent
Fred Stuebing
Coldwell Banker
List Price
$3,690,000
Sold Price
$3,455,000
Premium/Discount to List
-$235,000
-6.37%
Current Estimated Value
$6,699,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,244,880
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Mar 20, 2018
Sold by
Berman Theodore
Bought by
Sasa Management Llc

Purchase Details

Listed on
Jul 2, 2013
Closed on
Nov 12, 2013
Sold by
First Western Trust Bank
Bought by
Berman Theodore
Seller's Agent
Mark Nestler
One Sotheby's International Realty
Buyer's Agent
Roi Danon
CENTURY 21 Tenace Realty
List Price
$3,599,000
Sold Price
$2,788,925
Premium/Discount to List
-$810,075
-22.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Jun 14, 2013
Sold by
Salazar Israel J and Wade Jeanice
Bought by
First Western Trust Bank

Purchase Details

Closed on
Apr 2, 2009
Sold by
Fischer Brian and Fischer Leslie
Bought by
Salazar Israel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2005
Sold by
G & E Development Tropic Isle Llc
Bought by
Fischer Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Carastro Susan M and Skielnik Kimberly A
Bought by
G & E Development Tropic Isle Llc

Purchase Details

Closed on
Jul 11, 2002
Sold by
Aubrey Ward N and Aubrey Margaret
Bought by
Carastro Susan M and Skielnik Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.75%
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
Lovstedt Fredrik $3,455,000 Assure American Title Co
Sasa Management Llc -- Attorney
Berman Theodore $2,788,925 Attorney
First Western Trust Bank $2,250,100 None Available
Salazar Israel J $2,995,000 Palm Beach Title & Escrow Co
Fischer Brian $1,075,000 --
G & E Development Tropic Isle Llc $750,000 --
Carastro Susan M $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salazar Israel J $1,960,000
Previous Owner Fischer Brian $500,000
Previous Owner Carastro Susan M $448,000
Closed Carastro Susan M $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2019 08/23/19 Sold $3,455,000 -6.4% $429 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $3,690,000 0.0% $458 / Sq Ft
02/22/2019 02/22/19 Rented -- -- --
01/23/2019 01/23/19 Under Contract -- -- --
01/14/2019 01/14/19 For Rent $25,000 0.0% --
11/12/2013 11/12/13 Sold $2,788,925 -22.5% $346 / Sq Ft View Prior Sale
10/13/2013 10/13/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $3,599,000 -- $446 / 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 $58,198 $3,216,592 -- --
2023 $58,643 $3,122,905 $0 $0
2022 $58,465 $3,031,947 $0 $0
2021 $58,775 $2,943,638 $900,000 $2,043,638
2020 $62,895 $3,120,790 $800,000 $2,320,790
2019 $64,185 $3,108,146 $800,000 $2,308,146
2018 $62,844 $3,109,453 $758,045 $2,351,408
2017 $54,125 $2,665,000 $0 $0
2016 $54,534 $2,610,186 $0 $0
2015 $56,026 $2,592,042 $0 $0
2014 $56,697 $2,584,153 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10544578

BeachesMLS

APN: 12-43-46-28-01-000-0750