NOT LISTED FOR SALE

Estimated Value: $1,362,000 - $1,927,874

5 Beds
5 Baths
3,275 Sq Ft
$520/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $1,735,000 $530 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,411/month

41 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Clubhouse
  • Sunrise Park Elementary School Rated A-
  • Room in yard for a pool
  • Garden View

About This Home

As of October 2024

Experience luxury living at its finest in West Boca Raton's prestigious Lotus Palm community! This newly built 5-bed, 5-bath home offers a perfect blend of chic design and functionality. The primary suite is a lavish retreat with an expansive bedroom, dual walk-in closets, and a sumptuous bathroom with serene garden views. Entertain in style with a grand living room, formal dining area, and gourmet kitchen featuring a gas stove and European-style cabinetry. Enjoy resort-style amenities, including tennis and pickleball courts, a sprawling pool and spa, a gourmet restaurant, a kids' room, a splash park, and a playground. Don't miss this rare opportunity to own an ultra-modern marvel in the coveted Lotus Palm community.

Last Agent to Sell the Property

Keriann Worley

Soaring Real Estate, LLC License #3336197 Listed on: 07/15/2024

Last Buyer's Agent

Tim Kinzler

Keller Williams Realty Services License #315350

Keller Williams Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 2023

Lot Details

  • 0.37 Acre Lot
  • North Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 3,275 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Garden Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424717170000310

Community Details

Overview

  • Association fees include ground maintenance, security
  • Built by GL Homes
  • Lotus Palm Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,547

Year Built

Built in 2023

Lot Details

0.37 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: West of the Turnpike to Boca Glades to Lotus Palm, past the entrance, make a left, another left and a right, house will be on your left
  • Year Built: 2023
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Multiple Primary Suites, Pantry, Sitting Area in Primary, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3275.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area, Room For Pool
  • View: Garden
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Builder Name: GL Homes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

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

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Gated with Guard, Gated Community, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 679.0
  • Phone: 561-617-9021
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Gated, Sidewalks
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Playground, Pickleball, Pool, Restaurant, Spa/Hot Tub, Sidewalks, Tennis Court(s)
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Security

Lot Info

  • Parcel #: 00424717170000310
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117.2
  • Mobile Dim Units: Feet
  • Zoning: PUD

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3546.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Oct 28, 2024
Sold by
Parmar Ravindra and Solieva Zamira
Bought by
Malikian Claudia and Berbari Bachir
Seller's Agent
Keriann Worley
Soaring Real Estate, LLC
Buyer's Agent
Tim Kinzler
Keller Williams Realty Services
List Price
$1,775,000
Sold Price
$1,735,000
Premium/Discount to List
-$40,000
-2.25%
Views
36
Current Estimated Value
$1,703,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,531
Avg. Annual Appreciation
-1.36%
Original Mortgage
$750,000
Outstanding Balance
$738,592
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$964,877

Purchase Details

Closed on
Oct 27, 2023
Sold by
Boca Raton Associates Ix Lllp
Bought by
Parmar Ravindra and Solieva Zamira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,647
Interest Rate
7.31%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Malikian Claudia $1,735,000 Closing Express
Parmar Ravindra $1,457,059 Nova Title Company
Parmar Ravindra $1,457,059 Nova Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malikian Claudia $750,000
Previous Owner Parmar Ravindra $1,165,647
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $1,735,000 -1.4% $530 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $1,759,000 -0.9% $537 / Sq Ft
07/15/2024 07/15/24 For Sale $1,775,000 -- $542 / 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 $19,946 $1,269,264 -- --
2024 $19,946 $1,198,051 -- --
2023 $3,547 $213,000 -- --
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11004396

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-47-17-17-000-0310

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