NOT LISTED FOR SALE

540 Kay Terrace Boca Raton, FL 33432

Estimated Value: $4,716,000 - $5,854,858

3 Beds
2.5 Baths
2,599 Sq Ft
$1,991/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2020

Last sale price $2,625,000 $1,010 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $33,474 / mo

224 Days on Market

Highlights

  • Waterfront Tip Lot
  • Heated Pool
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Canal View
  • Outdoor Living Area

About This Home

As of April 2020

A RARE OPPORTUNITY TO PURCHASE A TROPHY WATERFRONT PROPERTY!! THIS SOUTHEAST POINT LOT PROPERTY (.32 ACRES) OFFERS THE ULTIMATE BOATER'S LIFESTYLE! LOCATED IN THE HIGHLY DESIRABLE COMMUNITY OF GOLDEN HARBOUR, AND JUST MINUTES TO THE BOCA INLET AND THE ATLANTIC OCEAN. THIS SPECIAL PROPERTY OFFERS 219 FEET OF WATER FRONTAGE AND FEATURES A CONCRETE, BATTER PILED SEAWALL WITH PROTECTED DOCKAGE FOR MULTIPLE YACHTING VESSELS. DOCKAGE IS 202 FEET IN TOTAL LENGTH. THE WELL MAINTAINED THREE BEDROOM, DEN, TWO AND ONE HALF BATH HOME WAS RENOVATED IN 2010 AND OFFERS IMPACT WINDOWS AND DOORS THROUGHOUT. QUALITY UPGRADES INCLUDE UPDATED BATHS AND KITCHEN WITH THERMADOR and KITCHEN AIDE APPLIANCES, AND QUARTZITE COUNTERTOPS. OUTDOORS, THERE IS A NEWLY UPDATED AND HEATED SALTWATER POOL WITH A SUN SHELF, AND NEW TRAVERTINE PATIO/ POOL SURROUND. ADDITIONALLY, THERE IS A NEW TRAVERTINE MARBLE DRIVEWAY. THE DESIRABLE WATERFRONT COMMUNITY OF GOLDEN HARBOUR IS WITHIN WALKING DISTANCE TO THE BEACH AND TO MIZNER PARK, WITH ITS MULTITUDE OF FINE SHOPPES AND RESTAURANTS. DELRAY'S FAMED ATLANTIC AVENUE IS JUST A SHORT DRIVE AWAY. THREE INTERNATIONAL AIRPORTS ARE WITHIN AN HOUR'S DRIVE, AS ARE MULTIPLE CULTURAL AND SPORTING EVENTS. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." The information herein is believed to be accurate but is not guaranteed & may be subject to errors or omissions & may be changed without notice. All measurements are approximate and must be confirmed by buyer.

Last Agent to Sell the Property

JULIE ANN GIACHETTI

One Sotheby's International Realty License #511838 Listed on: 08/19/2019

One Sotheby's International Realty

Last Buyer's Agent

JULIE ANN GIACHETTI

One Sotheby's International Realty License #511838 Listed on: 08/19/2019

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,532

Year Built

  • Built in 1972

Lot Details

  • 13,831 Sq Ft Lot
  • Waterfront Tip Lot
  • Home fronts a canal
  • Cul-De-Sac
  • Southwest Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned R1B(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,599 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Marble Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Laundry Tub

Outdoor Features

  • Heated Pool
  • No Fixed Bridges
  • Patio
  • Outdoor Living Area

Utilities

  • Cooling Available
  • Central Heating
  • Three-Phase Power
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Golden Harbour Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434720330020060

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,532

Year Built

Built in 1972

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palmetto Park Rd. east to 5th Avenue (just west of the ICW bridge). Make a left to KAY TERRACE. House is at the end on the cul-de-sac.
  • Year Built: 1972
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Dual Sinks, Entrance Foyer, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Microwave, Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 2599.0
  • Stories: 1
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Canal
  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: Heated
  • Pool Private: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Canal Front, No Fixed Bridges, Point Lot
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southwest
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete, Tile

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 Tub
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 06434720330020060
  • Lot Size Acres: 0.32
  • Lot Size: .3176 acre
  • Lot Size Sq Ft: 13939.2
  • Mobile Dim Units: Feet
  • Zoning: R1B(ci

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Apr 30, 2020
Sold by
Limegrover Richard J and Limegrover Debra S
Bought by
Ben Menachem Tamir and Ben Menachem Molly
Seller's Agent
JULIE ANN GIACHETTI
One Sotheby's International Realty
Buyer's Agent
JULIE ANN GIACHETTI
One Sotheby's International Realty
List Price
$2,750,000
Sold Price
$2,625,000
Premium/Discount to List
-$125,000
-4.55%
Current Estimated Value
$5,174,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,549,465
Avg. Annual Appreciation
12.17%
Original Mortgage
$1,837,500
Outstanding Balance
$1,253,544
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,920,921

Purchase Details

Closed on
May 19, 1998
Sold by
Hoyer-Ellefsen Sigurd
Bought by
Limegrover Richard J and Limegrover Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ben Menachem Tamir $2,625,000 Attorney
Limegrover Richard J $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ben Menachem Tamir $1,837,500
Previous Owner Limegrover Richard J $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $2,625,000 -4.5% $1,010 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
08/19/2019 08/19/19 For Sale $2,750,000 -- $1,058 / 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 $67,278 $3,350,206 -- --
2024 $67,278 $3,045,642 -- --
2023 $65,382 $2,768,765 $5,346,000 $137,268
2022 $52,408 $2,517,059 $0 $0
2021 $41,642 $2,288,235 $1,812,500 $475,735
2020 $11,240 $645,098 $0 $0
2019 $11,243 $628,142 $0 $0
2018 $10,532 $616,430 $0 $0
2017 $10,460 $603,751 $0 $0
2016 $10,479 $591,333 $0 $0
2015 $10,749 $587,222 $0 $0
2014 $10,792 $582,562 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10555356

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-20-33-002-0060

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