NOT LISTED FOR SALE

Estimated Value: $4,133,000 - $7,582,000

5 Beds
5.5 Baths
5,867 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $3,960,000 $675 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $39,012/month

47 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • New Construction
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • Wood Flooring

About This Home

As of November 2020

This is the ONE! A unique PARADISE for boaters, beach lovers, car collectors, or for those that simply enjoy the refined modern elegance captured by the design and finishes of this newly constructed two-story modern masterpiece. Nestled on a rare and highly desirable private south-facing wide canal lot on the most private street in Tropic Isle, this home offers 5-star luxury, spectacular waterfront living and a walkable lifestyle to shops, grocery stores, restaurants and the beach! As the only move-in-ready new construction home available for under $4.2M in Delray Beach and Boca Raton, and one of the very few waterfront properties with natural gas appliances, this extraordinary offering comes complete with upscale accommodations for up to 4 cars and the yacht of your choice with a new 72' concrete dock and new 20,000 lb boat lift on 92' waterfront on extra-wide canal, perfect for larger boats. Fully outfitted for the buyer of discerning tastes, this seductive luxury retreat affords TWO opulent master suites with free standing tubs and oversized walk in showers - one on each level, 3 generous bedrooms with full bathrooms and walk in closets, a private office, a laundry room for each level, stunning professional-grade chef's kitchen with 11' cabinetry, a sun drenched yet secure garage for up to 4 cars, elevator and dramatic resort-style grounds featuring a refreshing pool and spa with sun shelf, all surrounded by a canopy of Hybrid Date palms and Sylvester palms that provide dappled shade and areas of full sun. Private and secluded, you'll enjoy sophisticated, clean-lined interiors spanning 5,867 square feet with an abundance of custom designer upgrades throughout. Among these are gorgeous wide-plank white oak floors, sleek large format tiles in every bath, exquisite designer lighting fixtures throughout, generous walk-in closets in every room including two for each master, plus added touches like a doggie shower on the main floor, a 70-foot glass staircase railing, 10-11' ceiling heights throughout and double-height ceilings in the foyer. The gourmet kitchen steals the show with built-in column Sub-Zero fridge and freezer, double Wolf ovens, two Bosch dishwashers, a Perlick under-counter beverage fridge, wine fridge, a natural gas Wolf cooktop, and floor-to-ceiling cabinetry for a high-end look and feel. Walls of 10' tall glass showcase incredible pool views from the open-concept living, dining, family room and kitchen, which are all proportioned for effortless entertaining indoors and out. The living area is adorned with floor-to-ceiling quartz slabs surrounding the natural gas linear fireplace to provide a striking focal point for the first floor. Open the 16' glass walls in the living room along with the 10' glass walls in the adjacent coffered dining space and seamlessly merge the indoors and outdoors connected by a covered patio that has indoor finishes, another gas fireplace and the option to lower a 20' wide motorized screen. From the moment you walk through the front door you feel as if your waterfront oasis flows indoors as the sun shelf of the gorgeous diamond-finish pool joins the edge of the covered patio offering access to the luxury pool and oversized spa, all overlooking a grand canal view. Turn on the LED pool lighting, the 3 bubblers in the sun shelf and the natural gas fireplaces and your are drenched in the sounds and sights of your tropical paradise. Stow all your toys in any of the three impact resistant glass garages, including a bay that was built to accommodate for a car lift. Smart Home features take this property to the next level with lighting and music controls, surround sound, security, and more. Additionally, the entire estate except for trusses and staircase is concrete built, including the first and second floor walls and floors, adding a nearly $350,000 structural upgrade. Ideally located steps from the hottest restaurants, Whole Foods, Trader Joe's, and white sandy beaches, this modern gem boasts the highest quality construction and finish-out, met by an unrivaled lifestyle that includes golf carts and access to sought-after Boca schools. For the best build, in the best location, with the best views, this Tropical Isle modern has no equal. Your dream boater's paradise awaits in Tropical Isle at the only brand new construction modern masterpiece on a desirable south-facing wide canal lot for spectacular waterfront living! This turnkey gem, the only move-in-ready new build under $4.2M in Delray Beach & Boca Raton, offers a new dock for a 70' boat and boat lift, resort-style pool & spa w/sun shelf, clean-lined interiors, white oak floors, SubZero-Wolf kitchen, sleek designer baths, walk-in closets in every room, main-floor doggie shower, 70' glass railing, rare 2-level concrete construction, natural gas, smart controls & more. Steps from restaurants, Whole Foods, Trader Joe's & white sandy beaches, this stunner boasts the highest quality finish-out & an unrivaled lifestyle that includes golf carts & access to sought-after Boca schools.

Last Agent to Sell the Property

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 08/07/2020

The Corcoran Group

Last Buyer's Agent

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 08/07/2020

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,466

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,025 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • North Facing Home

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Interior Spaces

  • 5,867 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434628010000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,466

Year Built

Built in 2020 | New Construction

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, Just south of Linton Blvd. Take a left on Tropic Blvd. , then next left, and next right to McCleary. House on the middle of street on the right.
  • Year Built: 2020
  • Architectural Style: Colonial
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Main Level Primary, Multiple Primary Suites, Pantry, Soaking Tub, Separate Shower, Upper Level Primary
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 5867.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Canal
  • Lot Features: < 1/4 Acre
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: North
  • Patio And Porch Features: Patio, Balcony
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Sidewalks

Lot Info

  • Parcel #: 12434628010000090
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.8
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 14465.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Gasparo Frank and Gasparo Jessica
Bought by
Frank M Gasparo Revocable Trust and Jessica M Gasparo Revocable Trust
Current Estimated Value
$6,378,644

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 30, 2020
Sold by
Dahan Ariel and Dahan Martin
Bought by
Gasparo Frank and Gasparo Jessica
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$4,190,000
Sold Price
$3,960,000
Premium/Discount to List
-$230,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$2,574,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 18, 2018
Sold by
Grosse Matthias
Bought by
Dahan Ariel and Dahan Patricia Martin
Seller's Agent
Thomas Reutter
Reutter Investments Inc.
Buyer's Agent
Thomas Reutter
Reutter Investments Inc.
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.20%

Purchase Details

Closed on
Mar 14, 2011
Sold by
Pfeifer Sylvia
Bought by
Grosse Matthias
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frank M Gasparo Revocable Trust -- Attorney
Gasparo Frank $3,960,000 Independence Ttl Ins Agcy In
Dahan Ariel $825,000 Attorney
Grosse Matthias $510,000 All Property Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gasparo Frank $2,574,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2020 11/02/20 Sold $3,960,000 -5.5% $675 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $4,190,000 +407.9% $714 / Sq Ft
05/18/2018 05/18/18 Sold $825,000 -7.8% $466 / Sq Ft View Prior Sale
04/18/2018 04/18/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $895,000 0.0% $506 / Sq Ft
12/20/2014 12/20/14 Rented $3,100 -18.4% --
11/20/2014 11/20/14 Under Contract -- -- --
08/21/2014 08/21/14 For Rent $3,800 -- --
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 $70,277 $3,992,806 -- --
2024 $70,277 $3,880,278 -- --
2023 $70,821 $3,767,260 $1,596,540 $2,170,720
2022 $72,222 $3,738,587 $0 $0
2021 $63,867 $3,154,639 $900,000 $2,254,639
2020 $14,307 $700,000 $700,000 $0
2019 $14,466 $700,000 $700,000 $0
2018 $14,907 $728,538 $682,240 $46,298
2017 $14,163 $677,930 $631,704 $46,226
2016 $13,812 $633,409 $0 $0
2015 $12,942 $575,826 $0 $0
2014 $11,862 $523,478 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10645024

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-28-01-000-0090