NOT LISTED FOR SALE

994 SE Atlantic Dr Lantana, FL 33462

Estimated Value: $4,285,000 - $5,027,000

5 Beds
4.5 Baths
4,690 Sq Ft
$995/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2015

Last sale price $1,600,000 $341 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $26,855 / mo

295 Days on Market

Highlights

  • Intracoastal View
  • Waterfront
  • Fireplace
  • Private Pool
  • Outdoor Living Area
  • 3 Car Attached Garage

About This Home

As of September 2015

Over a half acre waterfront lot on a very private street on Hypoluxo Island. Expansive yard, with pool, gracious front and back yard, covered tiki hut sitting area, and private dock. 5,400 total SF 5/4.5 bedroom home with high ceilings and spectacular views.

Last Agent to Sell the Property

Jack Elkins

William Raveis Real Estate License #3226762 Listed on: 10/29/2014

Co-Listed By

Erin Hiatt

William Raveis Real Estate License #616198

Last Buyer's Agent

Tierney O'Hara

Sotheby's Intl. Realty, Inc. License #3087366

Sotheby's Intl. Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,787

Year Built

  • Built in 1980

Lot Details

  • 23,545 Sq Ft Lot
  • Lot Dimensions are 109 x 262 x 100 x 209
  • Waterfront
  • West Facing Home
  • Property is zoned R1A

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,690 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Intracoastal Views

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Outdoor Living Area

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Hypoluxo Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434503220001380

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,787

Year Built

Built in 1980

Lot Details

0.54 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Ocean Avenue in Lantana to S Atlantic Drive - veer left, then left onto SE Atlantic
  • Year Built: 1980
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Living Area: 4690.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Intercoastal
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Direction Faces: West

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Lot Info

  • Parcel #: 40434503220001380
  • Lot Size Acres: 0.54
  • Lot Size: 109 X 262 X 100 X 209
  • Lot Size Sq Ft: 23522.4
  • Mobile Dim Units: Feet
  • Zoning: R1A

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 22787.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2014
Closed on
Sep 23, 2015
Sold by
Lipsit Daniel R and Lipsit Tiffany
Bought by
Reveley Robert J
Seller's Agent
Jack Elkins
William Raveis Real Estate
Buyer's Agent
Tierney O'Hara
Sotheby's Intl. Realty, Inc.
List Price
$2,295,000
Sold Price
$1,600,000
Premium/Discount to List
-$695,000
-30.28%
Current Estimated Value
$4,676,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,076,916
Avg. Annual Appreciation
10.64%
Original Mortgage
$1,280,000
Outstanding Balance
$995,622
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,669,181

Purchase Details

Closed on
Apr 29, 2011
Sold by
Jones Ronald W and Jones Patricia
Bought by
Lipsit Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1997
Sold by
Hall Kenneth G and Hall Debra M
Bought by
Jones Ronald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,050
Interest Rate
7.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1994
Sold by
Hall Deborah K
Bought by
Hall Kenneth G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reveley Robert J $1,600,000 Summit Title Services Corp
Lipsit Daniel R $1,125,000 Crystal Title Inc
Jones Ronald W $975,000 --
Hall Kenneth G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reveley Robert J $1,280,000
Previous Owner Lipsit Daniel R $843,750
Previous Owner Jones Ronald W $400,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2015 09/23/15 Sold $1,600,000 -30.3% $341 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $2,295,000 -- $489 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $24,702 $1,304,658 -- --
2024 $24,702 $1,267,889 -- --
2023 $23,837 $1,230,960 $0 $0
2022 $23,634 $1,195,107 $0 $0
2021 $23,385 $1,160,298 $0 $0
2020 $23,332 $1,144,278 $0 $0
2019 $22,687 $1,101,960 $0 $0
2018 $21,075 $1,051,617 $0 $0
2017 $19,645 $971,091 $0 $0
2016 $19,433 $951,118 $0 $0
2015 $23,309 $1,107,500 $0 $0
2014 $23,342 $1,098,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jack Elkins

    William Raveis Real Estate

    (561) 373-2198

    8 in this area

    19 Total Sales

    Jack Elkins
    Section Image

  • E

    Seller Co-Listing Agent in 2015

    Erin Hiatt

    William Raveis Real Estate

    (561) 655-6570

    1 in this area

    2 Total Sales

    Erin Hiatt
    Section Image
  • Tierney O'Hara

    Buyer's Agent in 2015

    Tierney O'Hara

    Sotheby's Intl. Realty, Inc.

    (561) 449-1212

    1 in this area

    46 Total Sales

    Tierney O'Hara
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10084404

BeachesMLS (Greater Fort Lauderdale)

APN: 40-43-45-03-22-000-1380

Florida Palm Beach County Lantana 33462

994 SE Atlantic Dr, Lantana, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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