Seller's Agent in 2021
Carol Sollak
Engel & Volkers Wellington
(561) 818-9476
130 Total Sales
Estimated Value: $3,711,000 - $79,956,808
8
Beds
13
Baths
12,427
Sq Ft
$3,366/Sq Ft
Est. Value
Highlights
- Ocean View
- Property has ocean access
- Waterfront
- Palm Beach Public School Rated A-
- Private Pool
- Marble Flooring
About This Home
As of December 2021The elite team lead by Stock Custom Homes proudly presents an extraordinary opportunity to own a bespoke oceanfront residence in the coveted Estate Section of Palm Beach. Curated by the experts of Dailey Janssen Architects, and designed and furnished by Marc-Michaels Interior Design, this oceanfront estate offers unparalleled beauty and privacy. This is a true family compound, with 8 bedrooms, 10 bathrooms, 3 half baths, and spectacular outdoor living space, with front and rear loggia, center courtyard, impressive pool deck, and pool, plus direct tunnel beach access to an oceanfront cabana with another pool. The property's interior styling will reflect a transitional aesthetic with modern accents. The estate, while grand in scale, will be a warm and welcoming space with natural elements and layered neutral fabrics complemented by soft grays and blues. With grand Mizner-inspired architecture, luxurious designer interiors, and private beach access, this is a Palm Beach address of distinction.
Last Agent to Sell the Property
Engel & Volkers Wellington License #642748 Listed on: 07/31/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $169,259
Year Built
- Built in 2021 | Under Construction
Lot Details
- 0.84 Acre Lot
- Waterfront
- South Facing Home
Parking
- 3 Car Attached Garage
Home Design
- Mediterranean Architecture
- Spanish Tile Roof
Interior Spaces
- 12,427 Sq Ft Home
- 3-Story Property
- Elevator
- Wet Bar
- Furnished
- Entrance Foyer
- Formal Dining Room
- Ocean Views
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 8 Bedrooms | 2 Main Level Bedrooms
- Walk-In Closet
- Bidet
Laundry
- Dryer
- Washer
Outdoor Features
- Private Pool
- Property has ocean access
- Balcony
- Patio
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- Lucom Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434335080000020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2020
Closed on
Dec 30, 2021
Sold by
916 South Ocean Boulevard Llc
Bought by
Mawa 916 Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$59,000,000
Sold Price
$57,000,000
Premium/Discount to List
-$2,000,000
-3.39%
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
-$15,725,216
Avg. Annual Appreciation
-7.30%
Purchase Details
Closed on
Nov 28, 2017
Sold by
M & C Properties Llc
Bought by
916 South Ocean Bouleverd Llc
Purchase Details
Closed on
Jun 30, 2000
Sold by
Janina Radtke Tr and Zdzislaw Ciomek Tr
Bought by
M & C Properties Llc
Purchase Details
Closed on
Jun 29, 1999
Sold by
Kriz Fred F
Bought by
Radtke Janina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,084,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mawa 916 Llc | $57,000,000 | New Title Company Name | |
| 916 South Ocean Bouleverd Llc | $12,000,000 | Attorney | |
| M & C Properties Llc | $5,500,000 | -- | |
| Radtke Janina | $1,400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Radtke Janina | $1,084,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2021 12/30/21 | Sold | $57,000,000 | -3.4% | $4,587 / Sq Ft |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- |
| 07/31/2020 07/31/20 | For Sale | $59,000,000 | -- | $4,748 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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 |
|---|---|---|---|---|
| 2025 | $771,893 | $52,344,536 | -- | -- |
| 2024 | $771,893 | $51,781,201 | -- | -- |
| 2023 | $807,442 | $53,295,000 | $16,773,500 | $37,390,199 |
| 2022 | $793,764 | $51,115,229 | $0 | $0 |
| 2021 | $176,239 | $12,400,300 | $12,400,300 | $0 |
| 2020 | $144,984 | $8,700,000 | $8,700,000 | $0 |
| 2019 | $169,928 | $10,000,000 | $10,000,000 | $0 |
| 2018 | $160,128 | $9,733,657 | $9,733,657 | $0 |
| 2017 | $136,576 | $8,111,381 | $8,111,381 | $0 |
| 2016 | $136,781 | $7,952,334 | $0 | $0 |
| 2015 | $135,429 | $7,275,860 | $0 | $0 |
| 2014 | $122,308 | $6,614,418 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carol Sollak
-
Christian Angle
Buyer's Agent in 2021
Christian Angle
Christian Angle Real Estate
(561) 629-3015
190 Total Sales
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R10643096
APN: 50-43-43-35-08-000-0020
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