NOT LISTED FOR SALE

Estimated Value: $5,658,000 - $7,756,000

6 Beds
8 Baths
5,933 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $5,795,000 $977 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $42,777/month

54 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Property has ocean access
  • Free Form Pool
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View
  • 14,337 Sq Ft lot

About This Home

As of April 2022

This exceptional and stunning reimagined point lot estate home is located on the direct Intracoastal and is beyond impressive. It encompasses 200 ft of waterfront and has dramatic breathtaking water views from everywhere. The dock is totally redone with concrete pilings, new cap, electric, etc. and is ready for the avid yacht enthusiast! This residence features 6 bedrooms (all ensuites), 6 full baths, 2 .5 baths, plus loft/play area on 3rd floor. The separate Living Room with high volume ceilings as you enter the home captures extensive water views. The gourmet custom kitchen is appointed with Viking, Thermador, Miele & Bosch appliances. It is completely open to the generous family room, bar area and eat-in area with endless water views. There are 2 bedrooms downstairs and (MORE)

Last Agent to Sell the Property

Olive Belcher

Lang Realty/BR License #363620 Listed on: 02/03/2022

Lang Realty/BR

Co-Listed By

Brittany Belcher

Lang Realty/BR License #3313510

Last Buyer's Agent

Sarah Evans

One Sotheby's International Realty License #3334352

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,587

Year Built

  • Built in 1998

Lot Details

  • 0.33 Acre Lot
  • 200 Feet of Waterfront
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Waterfront Tip Lot
  • Fenced
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Pool

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 5,933 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • High Ceiling
  • Decorative Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Free Form Pool
  • Property has ocean access
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Tropic Isle 2Nd Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434628020002130

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,587

Year Built

Built in 1998

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 to east on Tropic Blvd, south on Spanish Trail, east on Cypress
  • Year Built: 1998
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Fireplace, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Attic, Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 5933.0
  • Dining Room Type: Attic, Family Room, Great Room, In-Law Suite
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • View: Intercoastal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Free Form, Heated, Other, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, Ocean Access, Point Lot
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Security: Security System, Closed Circuit Camera(s), Motion Detectors, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628020002130
  • Lot Size Sq Ft: 14337.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 51587.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Apr 29, 2022
Sold by
Gubbay and Penny
Bought by
Sherrill Donald Joseph and Sherrill Susan M
Seller's Agent
Olive Belcher
Lang Realty/BR
Buyer's Agent
Sarah Evans
One Sotheby's International Realty
List Price
$5,695,000
Sold Price
$5,795,000
Premium/Discount to List
$100,000
1.76%
Current Estimated Value
$6,527,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$732,216
Avg. Annual Appreciation
3.46%

Purchase Details

Listed on
Jun 8, 2013
Closed on
Mar 13, 2014
Sold by
Popik Vanessa E May and May Vanessa E
Bought by
Gubbay David and Gubbay Penny
Seller's Agent
Mike Hilghman
Florida Premier Realty of the Palm Beaches LLC
Buyer's Agent
Mike Hilghman
Florida Premier Realty of the Palm Beaches LLC
List Price
$2,795,000
Sold Price
$2,650,000
Premium/Discount to List
-$145,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$1,500,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 1997
Sold by
Popik Dale E
Bought by
Popik Dale E and May Vanessa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,250
Interest Rate
7.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sherrill Donald Joseph $5,795,000 Princeton Title & Escrow
Gubbay David $2,650,000 Attorney
Popik Vanessa E May -- Attorney
Popik Vanessa E May -- Attorney
Popik Vanessa E May -- Attorney
Popik Dale E $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gubbay David $1,500,000
Previous Owner Popik Dale E $135,000
Previous Owner Popik Dale E $715,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $5,795,000 +1.8% $977 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $5,695,000 +114.9% $960 / Sq Ft
03/13/2014 03/13/14 Sold $2,650,000 -5.2% $447 / Sq Ft View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
06/08/2013 06/08/13 For Sale $2,795,000 -- $471 / 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 $103,343 $5,655,799 -- --
2023 $115,908 $6,111,355 $3,456,915 $2,654,440
2022 $51,318 $2,664,842 $0 $0
2021 $51,587 $2,587,225 $0 $0
2020 $51,311 $2,551,504 $0 $0
2019 $50,703 $2,494,139 $0 $0
2018 $48,677 $2,447,634 $0 $0
2017 $47,732 $2,353,769 $0 $0
2016 $48,089 $2,305,357 $0 $0
2015 $49,404 $2,289,332 $0 $0
2014 $36,856 $1,690,565 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10774427

BeachesMLS

APN: 12-43-46-28-02-000-2130