NOT LISTED FOR SALE

Estimated Value: $4,356,491 - $5,438,000

4 Beds
7 Baths
5,943 Sq Ft
$839/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $3,525,000 $593 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $31,648/month

137 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Property has ocean access
  • Home Theater
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View
  • Heated Pool

About This Home

As of March 2021

No Expenses Spared in this prime deep waterfront estate in Tropic Isle, Delray Beach.This Luxury Custom Masterpiece Estate was built with dramatic architectural details & the highest in quality standards & design.
Sprawling Open Grand Living Space, Gourmet Kitchen, Formal Dining Room and Entertainment/Bar/Family Room. Floor to ceiling Accordion Slider Impact Doors bring a whole new meaning to indoor outdoor living space. State of the Art Smart Home Technology. Boat dock & lift. Multiple waterfalls. Resort style pool & Jacuzzi & third floor terrace/sundeck w/ wet bar & TV. Walk to Fresh Market or L.A. Fitness. Restaurants up & down US1 & Close to the Beach & 20 minutes to the Fort Lauderdale International Airport. Furniture/equipment/decorations included. Ready to move in.

Last Agent to Sell the Property

Francisco Garcia

Engel & Voelkers Fort Lauderdale License #3331201 Listed on: 09/25/2020

Engel & Voelkers Fort Lauderdale

Co-Listed By

Niliana Nassir-Garcia

Engel & Voelkers Fort Lauderdale License #3097235

Last Buyer's Agent

Michael Ledwitz

Engel & Volkers Boca Raton License #3025819

Engel & Volkers Boca Raton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,052

Year Built

  • Built in 2009

Lot Details

  • 9,720 Sq Ft Lot
  • 90 Feet of Waterfront
  • Home fronts navigable water
  • North Facing Home
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Property Views

  • Intracoastal
  • Canal
  • Pool

Home Design

  • Flat Roof Shape
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 5,943 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • High Ceiling
  • Blinds
  • Great Room
  • Family Room
  • Sitting Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Impact Glass
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa

Outdoor Features

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434628020001880

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,052

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 TO LINTON EAST TO FEDERAL SOUTH TO TROPIC ISLE ON LEFT EAST TO BANYAN.
  • Year Built: 2009
  • Architectural Style: Two Story, Split-Level
  • Unit Levels: Two, Multi/Split
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, First Floor Entry, High Ceilings, Multiple Master Suites, Sitting Area in Master, Split Bedrooms, Upper Level Master, Bar, Walk-In Closet(s), Attic
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: Hot Tub
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Marble, Wood
  • Living Area: 5943.0
  • Dining Room Type: Attic, Den, Family Room, Great Room, Media Room, Storage Room, Master Bedroom, Sitting Room
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Security/High Impact Doors, Lighting, Outdoor Grill, Porch, Patio
  • View: Canal, Intercoastal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, In Ground, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Beach Access, Boat Ramp/Lift Access, Canal Access, Dock Access, Navigable Water, No Fixed Bridges, Ocean Access, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Concrete, Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, On Street, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12434628020001880
  • Lot Size Sq Ft: 9720.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 44052.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Banyan Drive Llc
Bought by
Couri George G
Current Estimated Value
$4,983,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,807,972
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$3,175,901

Purchase Details

Listed on
Sep 25, 2020
Closed on
Mar 12, 2021
Sold by
Mulliez Francis
Bought by
954 Banyan Drive Llc
Seller's Agent
Francisco Garcia
Engel & Voelkers Fort Lauderdale
Buyer's Agent
Michael Ledwitz
Engel & Volkers Boca Raton
List Price
$3,750,000
Sold Price
$3,525,000
Premium/Discount to List
-$225,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jan 25, 2019
Sold by
Icon 5610 Inc
Bought by
Mulliez Francis and Mercier Edith
Seller's Agent
Helena Hall
Compass Florida LLC
Buyer's Agent
Nora Mijne
GBG Realty Group LLC
List Price
$3,300,000
Sold Price
$2,800,000
Premium/Discount to List
-$500,000
-15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
Jul 16, 2013
Sold by
Gembala David and Gembala Nicole Grebow
Bought by
Icon 5610 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2008
Sold by
Weiss Jeffrey and Gembala Henry
Bought by
Gembala David

Purchase Details

Closed on
Aug 2, 2007
Sold by
Battersby Gregg N
Bought by
Weiss Jeffrey and Gembala Henry
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
Couri George G -- Attorney
954 Banyan Drive Llc -- First International Ttl Inc
954 Banyan Drive Llc $3,050,000 First International Ttl Inc
Mulliez Francis $2,800,000 Attorney
Icon 5610 Inc $2,700,000 Attorney
Gembala David $1,050,000 Attorney
Weiss Jeffrey $1,050,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couri George G $2,000,000
Previous Owner Icon 5610 Inc $1,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $3,525,000 -6.0% $593 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
09/25/2020 09/25/20 For Sale $3,750,000 +33.9% $631 / Sq Ft
01/25/2019 01/25/19 Sold $2,800,000 -15.2% $471 / Sq Ft View Prior Sale
12/26/2018 12/26/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $3,300,000 0.0% $555 / Sq Ft
02/14/2014 02/14/14 Rented $11,500 -8.0% --
01/15/2014 01/15/14 Under Contract -- -- --
08/29/2013 08/29/13 For Rent $12,500 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $66,745 $3,644,878 -- --
2023 $71,004 $3,545,847 $0 $0
2022 $63,004 $3,223,497 $0 $0
2021 $44,448 $2,233,301 $0 $0
2020 $44,209 $2,202,466 $0 $0
2019 $47,148 $2,280,015 $800,000 $1,480,015
2018 $45,304 $2,238,248 $833,849 $1,404,399
2017 $44,053 $2,132,921 $772,083 $1,360,838
2016 $45,142 $2,124,301 $0 $0
2015 $44,603 $2,028,418 $0 $0
2014 $44,954 $2,013,837 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10250573

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-28-02-000-1880