NOT LISTED FOR SALE

Estimated Value: $4,961,000 - $5,252,624

4 Beds
5.5 Baths
4,104 Sq Ft
$1,244/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $3,400,000 $828 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $31,601/month

30 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Fireplace
  • Saltwater Pool
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of December 2020

Located just 200 yards from the ocean, this Intracoastal residence is a total coastal experience. Boasting 105 feet of waterfrontage with phenomenal wide water views and 95-foot dock, this Ocean Ridge property has it all. Completely renovated and beautifully designed with custom finishes, the four bedroom home invites relaxation among the spacious living areas, gourmet kitchen, first floor master wing, private en suite guest quarters, expansive outdoor terraces, and heated salt-water pool with spa. McCormick Mile residents are invited to join the voluntary Homeowner's Association which includes beach access with dune and use of private beach house overlooking the ocean complete with kitchen, tables and chairs, showers, and bathrooms. The South Florida luxury waterfront experience awaits. The Town of Ocean Ridge is nestled along the central coastline of Palm Beach County with its pristine beaches, oceanfront parks, dedicated Town Hall, and private police department. Situated on Sabal Island with an expansive 105 feet of direct Intracoastal waterfrontage and wide water views, the two-story residence offers four bedrooms; five full and one half baths; 4,104 square feet under air and 5,027 total square feet. Completely renovated and professionally designed by the current owner, the residence showcases the picturesque water views and sets the mood for a tranquil seaside experience. FEATURES:
" 105' direct Intracoastal waterfrontage with private 95' dock
" Two story residence with 4 Bedrooms / 5.1 baths
" 4,104 square feet under air / 5, 027 total square feet
" Situated on Sabal Island in Town of Ocean Ridge with dedicated Town Hall and private police department
" Freshly painted exterior, expansive front yard, manicured landscape and decorative driveway
" Professionally designed with high-end interior finishes throughout with marble, porcelain, slate, and hardwood floors
" Impact windows and doors including French doors and sliders that invite the outdoors in " Marble, porcelain, slate, and hardwood floors
" Foyer entry, rotunda with impressive chandelier, and picturesque views of the grounds and Intracoastal Waterway
" Formal living room with fireplace, built-ins and French doors that open to the poolside terrace and waterway
" Formal dining room with impressive full bar; overlooks the living room and waterway
" Spacious gourmet kitchen; top-of-the-line appliances; wine cooler; quartz countertops; custom oversized drawers and cabinets; large island with sink and snack bar seating; custom window feature for pleasant views and abundant light; views of the pool and waterway
" Family room is open to the kitchen with French door access to the poolside terrace and waterway
" Powder room conveniently located off living areas for easy access
" Laundry room with full-size washer and dryer located off service hallway between garage and kitchen
" First floor master wing with double door entry; fireplace; custom built-in cabinet drawers; water views; cabana pool bath and outdoor shower; custom walk-in vanity area; second master bath with walk-in custom tile dual head shower, soaking tub, dual vanities and built-ins; large custom walk-in closet with custom cabinets and clothes racks
" Custom stairway with grand window and under-stair storage
" Loft and Media Lounge with wet bar; access to expansive balcony with gorgeous wide water views
" VIP Suite; could serve as second master wing; wide water views; access to balcony; walk-in closet; full bath with dual vanities and custom glass shower with massage heads
" Two additional en suite guest bedrooms; each with closet and full bath
" Upstairs laundry room; convenient and private for guests
" Heated salt-water pool with spa; expansive limestone multi-level terrace with ample space for outdoor dining and lounging; retractable awnings; two separate gazebo areas; outdoor shower; easy access to dock
" 105 feet of direct Intracoastal waterfrontage; 95-foot private dock with water and electric; room for large or multiple vessels, jet skis and/or kayaks; less than one mile from the Atlantic Ocean via nearby inlet
" Manicured and landscaped grounds; decorative paver paths with gates on north and south side of property connecting expansive front yard to pool area and dock; storage sheds for lawn supplies, pool supplies and bikes
" McCormick Mile residents are invited to join the voluntary Homeowner's Association which includes beach access with dune and use of the private beach house overlooking the ocean complete with kitchen, tables and chairs, showers, and bathrooms; $1,000 application fee and $500 per year Come experience the tranquil and tropical waterfront lifestyle at 11 Sabal Island Dr in the Town of Ocean Ridge. Luxury coastal living awaits. IMPROVEMENTS/RENOVATIONS by CURRENT OWNER
INTERIOR RENOVATION/GUT
" Entire interior painted
" All new marble floors
" Removal of walls and headers
" All custom molding throughout interior
" Ceramic coated AU windows
" All new interior doors
" All new window treatments
" New staircase
" New full bar
" Two new fireplaces and enclosures
" New kitchen
" Custom cabinets in kitchen
" All new top-of-the-line appliances
" All custom closets added
" Added vanity/make-up area in master bedroom
" Added custom built-ins in master bedrooms
" Six new bathrooms
" All new shower doors
" Custom mirrors installed
" All custom vanities
" Changed plumbing contour throughout house
" Added second floor laundry room
" New downstairs laundry room
" All new lighting/changed to LED
" All new plumbing fixtures
" New wiring in interior areas
EXTERIOR RENOVATIONS
" Freshly painted exterior
" Excavated and replace driveway with decorative pavers
" New decorative pathways on north and south side of property
" Complete excavation of grounds
" All new landscape with custom lighting
" New sprinkler system
" Installed custom exterior lighting
" New garage doors
" New entryway
" New limestone multi-level poolside terrace
" Two new pergolas in backyard
" New railing with custom lights in backyard " Three new retractable/motorized awnings
" Completely gutted and renovated pool
" New pool heater (2019)
" New salt-water pool system (2018)
" Enhanced pool and spa to Smart system
" New 95-foot dock
" Added kayak rack
" All new molding around exterior windows
" Ceramic coated all windows
" Two new a/c units
" Hurricane proofed the house
" Added access covers to septic tank

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 10/12/2020

Douglas Elliman

Last Buyer's Agent

Non-Member

Non-Member Selling Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,870

Year Built

  • Built in 1993

Lot Details

  • 0.25 Acre Lot
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Intracoastal
  • Pool

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Blinds
  • French Doors
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • No Fixed Bridges

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 46434522090000110

Community Details

Overview

  • Property has a Home Owners Association
  • MC Cormick Mile Subdivision, Direct Intracoastal Home Floorplan

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,870

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A north of East Ocean Ave to Sabal Island Dr
  • Year Built: 1993
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), Main Level Primary, Multiple Primary Suites, Multiple En Suite Bathrooms, Soaking Tub, Separate Shower, Upper Level Primary
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Other, Slate, Wood
  • Living Area: 4104.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Lighting, Outdoor Living Area
  • View: Intercoastal, Pool
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: Heated, In Ground, Outside Bath Access, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: Inside
  • Security: Security System Owned, Closed Circuit Camera(s), Security Guard, Security Lights
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 42.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 46434522090000110
  • Lot Size Acres: 0.25
  • Lot Size: 105.0 ft x 102.0 ft
  • Lot Size Sq Ft: 10890.0
  • Mobile Dim Units: Feet
  • Zoning: RSF

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 29870.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 22, 2020
Sold by
Tabshey Robert and Tabshey Tami
Bought by
Walrath Michelle and Walrath Michael 2019
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
Non-Member
Non-Member Selling Office
List Price
$3,595,000
Sold Price
$3,400,000
Premium/Discount to List
-$195,000
-5.42%
Current Estimated Value
$5,104,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,704,656
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Jun 6, 2017
Sold by
Tabshey Robert and Tabshey Tami
Bought by
Tabshey Robert M

Purchase Details

Listed on
Dec 14, 2012
Closed on
Jun 28, 2013
Sold by
Campitiello Gerardo and Campitiello Filomena
Bought by
Tabshey Robert
Seller's Agent
WILLIAM QUIGLEY
THE FITE GROUP
Buyer's Agent
Steven Presson
The Corcoran Group
List Price
$1,705,000
Sold Price
$1,705,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$1,040,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 16, 1997
Sold by
Helen Joseph and Helen Gentile
Bought by
Campitiello Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,737
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1994
Sold by
Madjarov Theodore and Madjarov Jane
Bought by
Gentile Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
9.01%
Source: Public Records
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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
Walrath Michelle $3,400,000 Meridian Intl Ttl Svcs Corp
Tabshey Robert M -- Attorney
Tabshey Robert $1,705,000 Attorney
Campitiello Gerardo $875,000 --
Gentile Joseph $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabshey Robert $1,040,000
Previous Owner Campitiello Gerardo $515,737
Previous Owner Gentile Joseph $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2020 12/22/20 Sold $3,400,000 -5.4% $828 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $3,595,000 +110.9% $876 / Sq Ft
07/01/2013 07/01/13 Sold $1,705,000 0.0% $384 / Sq Ft View Prior Sale
07/01/2013 07/01/13 Sold $1,705,000 0.0% $384 / Sq Ft View Prior Sale
06/17/2013 06/17/13 Pending -- -- --
06/01/2013 06/01/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $1,705,000 -28.8% $384 / Sq Ft
12/16/2011 12/16/11 For Sale $2,395,000 -- $539 / 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 $60,800 $3,230,402 -- --
2024 $60,800 $2,936,729 -- --
2023 $59,779 $2,669,754 $0 $0
2022 $53,380 $2,427,049 $0 $0
2021 $43,006 $2,206,408 $1,000,000 $1,206,408
2020 $30,235 $1,588,077 $0 $0
2019 $30,171 $1,552,372 $0 $0
2018 $28,485 $1,523,427 $0 $0
2017 $28,162 $1,492,093 $0 $0
2016 $28,395 $1,461,404 $0 $0
2015 $29,063 $1,451,245 $0 $0
2014 $29,122 $1,439,727 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10662547

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-22-09-000-0110