NOT LISTED FOR SALE

Estimated Value: $4,343,000 - $7,297,000

5 Beds
5.5 Baths
5,867 Sq Ft
$988/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $3,960,000 $675 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $36,202/month

56 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • New Construction
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • Wood Flooring

About This Home

As of November 2020

This is the ONE! A unique PARADISE for boaters, beach lovers, car collectors, or for those that simply enjoy the refined modern elegance captured by the design and finishes of this newly constructed two-story modern masterpiece. Nestled on a rare and highly desirable private south-facing wide canal lot on the most private street in Tropic Isle, this home offers 5-star luxury, spectacular waterfront living and a walkable lifestyle to shops, grocery stores, restaurants and the beach!As the only move-in-ready new construction home available for under $4.2M in Delray Beach and Boca Raton, and one of the very few waterfront properties with natural gas appliances, this extraordinary offering comes complete with upscale accommodations for up to 4 cars and the yacht of your choice with a new

Last Agent to Sell the Property

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 08/07/2020

The Corcoran Group

Last Buyer's Agent

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 08/07/2020

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,466

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,025 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Property is zoned R-1-AA

Parking

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

Interior Spaces

  • 5,867 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434628010000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,466

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy, Just south of Linton Blvd. Take a left on Tropic Blvd. , then next left, and next right to McCleary. House on the middle of street on the right.
  • Year Built: 2020
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Fireplace, High Ceilings, Kitchen/Dining Combo, Pantry, Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 5867.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry, Loft
  • Stories: 2

Exterior Features

  • View: Canal
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628010000090
  • Lot Size Sq Ft: 10025.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 14466.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Gasparo Frank and Gasparo Jessica
Bought by
Frank M Gasparo Revocable Trust and Jessica M Gasparo Revocable Trust
Current Estimated Value
$5,797,640

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 30, 2020
Sold by
Dahan Ariel and Dahan Martin
Bought by
Gasparo Frank and Gasparo Jessica
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$4,190,000
Sold Price
$3,960,000
Premium/Discount to List
-$230,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$2,574,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 18, 2018
Sold by
Grosse Matthias
Bought by
Dahan Ariel and Dahan Patricia Martin
Seller's Agent
Thomas Reutter
Reutter Investments Inc.
Buyer's Agent
Thomas Reutter
Reutter Investments Inc.
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.20%

Purchase Details

Closed on
Mar 14, 2011
Sold by
Pfeifer Sylvia
Bought by
Grosse Matthias
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
Frank M Gasparo Revocable Trust -- Attorney
Gasparo Frank $3,960,000 Independence Ttl Ins Agcy In
Dahan Ariel $825,000 Attorney
Grosse Matthias $510,000 All Property Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gasparo Frank $2,574,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2020 11/02/20 Sold $3,960,000 -5.5% $675 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $4,190,000 +407.9% $714 / Sq Ft
05/18/2018 05/18/18 Sold $825,000 -7.8% $466 / Sq Ft View Prior Sale
04/18/2018 04/18/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $895,000 0.0% $506 / Sq Ft
12/20/2014 12/20/14 Rented $3,100 -18.4% --
11/20/2014 11/20/14 Under Contract -- -- --
08/21/2014 08/21/14 For Rent $3,800 -- --
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 $70,277 $3,880,278 -- --
2023 $70,821 $3,767,260 $1,596,540 $2,170,720
2022 $72,222 $3,738,587 $0 $0
2021 $63,867 $3,154,639 $900,000 $2,254,639
2020 $14,307 $700,000 $700,000 $0
2019 $14,466 $700,000 $700,000 $0
2018 $14,907 $728,538 $682,240 $46,298
2017 $14,163 $677,930 $631,704 $46,226
2016 $13,812 $633,409 $0 $0
2015 $12,942 $575,826 $0 $0
2014 $11,862 $523,478 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10645024

BeachesMLS

APN: 12-43-46-28-01-000-0090