Seller's Agent in 2021
John Poletto
One Sotheby's International Realty
(561) 997-7227
1 in this area
70 Total Sales
978 Gardenia Dr Delray Beach, FL 33483
Tropic Isle NeighborhoodEstimated Value: $5,438,000 - $13,027,629
7
Beds
11.5
Baths
16,934
Sq Ft
$545/Sq Ft
Est. Value
Highlights
- 348 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 December 2021One of the finest southeast double lot direct intracoastal homesite residences in south Palm Beach county. Designed as a 'complete' entertainment estate in immaculate move in condition. With 230 feet on the south canal, deep water yachts can be easily docked. Featuring three levels of living space, this property is one of the finest offerings of its kind with absolutely nothing missing. See 'more' for full details. Proof of Funds for viewing required.
Last Agent to Sell the Property
One Sotheby's International Realty License #316283 Listed on: 04/21/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $211,406
Year Built
- Built in 2003
Lot Details
- 0.54 Acre Lot
- Lot Dimensions are 230x130x230x100
- 348 Feet of Waterfront
- Property fronts an intracoastal waterway
- Waterfront Tip Lot
- Corner Lot
- Property is zoned R-1-AA
Parking
- 4 Car Attached Garage
- Garage Apartment
- Garage Door Opener
- Driveway
Property Views
- Intracoastal
- Canal
Home Design
- Mediterranean Architecture
- Barrel Roof Shape
Interior Spaces
- 16,934 Sq Ft Home
- 3-Story Property
- Elevator
- Wet Bar
- Central Vacuum
- Furnished or left unfurnished upon request
- Built-In Features
- Bar
- Vaulted Ceiling
- Decorative Fireplace
- Plantation Shutters
- Blinds
- Entrance Foyer
- Great Room
- Family Room
- Formal Dining Room
- Home Theater
- Den
- Sauna
- Marble Flooring
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Built-In Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- Roman Tub
- Jettted Tub and Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
- Laundry Tub
Home Security
- Home Security System
- Security Gate
- Impact Glass
Outdoor Features
- Heated Pool
- Property has ocean access
- No Fixed Bridges
- Canal Access
- Balcony
- Open Patio
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Water Softener is Owned
Community Details
- Tropic Isle 3Rd Sec Subdivision
Listing and Financial Details
- Assessor Parcel Number 12434628030003080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2021
Closed on
Nov 30, 2021
Sold by
Bass Michael A and 978 Gardenia Drive Realty Trus
Bought by
Pugliese Carol and Gardenia Drive Realty Trust
Seller's Agent
John Poletto
One Sotheby's International Realty
Buyer's Agent
Courtney Fuhrmann
Waterfront Properties & Club C
List Price
$11,495,000
Sold Price
$10,500,000
Premium/Discount to List
-$995,000
-8.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,267,185
Avg. Annual Appreciation
-3.24%
Original Mortgage
$7,350,000
Outstanding Balance
$6,699,691
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$2,533,124
Purchase Details
Closed on
Dec 1, 2019
Sold by
Bass Michael A
Bought by
Bass Michael A and 978 Gardenia Drive Realty Trust
Purchase Details
Closed on
Dec 28, 2012
Sold by
Koeckritz George
Bought by
Bass Michael A and The Michelle L Rondeau Irrevocable Gst T
Purchase Details
Closed on
Jun 12, 2001
Sold by
Charles W Blemker I
Bought by
Koeckritz George Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.05%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pugliese Carol | $10,500,000 | Attorney | |
| Bass Michael A | -- | Attorney | |
| Bass Michael A | $9,550,000 | Vista Title Insurance & Guar | |
| Koeckritz George Trust | $2,150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pugliese Carol | $7,350,000 | |
| Previous Owner | Koeckritz George Trust | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2021 12/01/21 | Sold | $10,500,000 | -8.7% | $620 / Sq Ft |
| 11/01/2021 11/01/21 | Pending | -- | -- | -- |
| 04/21/2021 04/21/21 | For Sale | $11,495,000 | 0.0% | $679 / Sq Ft |
| 12/01/2020 12/01/20 | Rented | $70,000 | +18.6% | -- |
| 11/01/2020 11/01/20 | Under Contract | -- | -- | -- |
| 09/28/2020 09/28/20 | For Rent | $59,000 | -- | -- |
Source: BeachesMLS
Tax History Compared to Growth
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 | $202,824 | $10,624,138 | -- | -- |
| 2023 | $183,173 | $9,658,307 | $4,972,275 | $4,686,032 |
| 2022 | $182,248 | $9,348,499 | $0 | $0 |
| 2021 | $221,070 | $10,949,004 | $2,500,000 | $8,449,004 |
| 2020 | $211,406 | $10,378,170 | $2,500,000 | $7,878,170 |
| 2019 | $210,896 | $10,324,709 | $2,500,000 | $7,824,709 |
| 2018 | $186,597 | $9,255,957 | $2,549,250 | $6,706,707 |
| 2017 | $192,354 | $9,351,939 | $2,549,250 | $6,802,689 |
| 2016 | $197,548 | $9,333,599 | $0 | $0 |
| 2015 | $192,193 | $8,739,603 | $0 | $0 |
| 2014 | -- | $7,945,094 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Poletto
-
Mark Nestler
M
Seller Co-Listing Agent in 2021
Mark Nestler
One Sotheby's International Realty
(561) 212-1517
1 in this area
64 Total Sales
-
Courtney Fuhrmann
Buyer's Agent in 2021
Courtney Fuhrmann
Waterfront Properties & Club C
(561) 410-0420
1 in this area
11 Total Sales
-
Bill Giberson
Seller's Agent in 2020
Bill Giberson
Lang Realty/Delray Beach
(877) 357-0618
33 Total Sales
Map
Source: BeachesMLS
MLS Number: R10709875
APN: 12-43-46-28-03-000-3080
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