NOT LISTED FOR SALE

Estimated Value: $4,220,056 - $5,191,000

3 Beds
3.5 Baths
2,537 Sq Ft
$1,889/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $4,700,000 $1,853 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $25,776/month

13 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Sun or Florida Room
  • Traditional Architecture
  • Garden View
  • Corner Lot

About This Home

As of October 2024

Welcome to 3525 Polo Drive, a distinguished residence on close to one half an acre in the desirable 'core' neighborhood of Gulf Stream. This classic Bermuda style home offers a gracious and livable floorplan encompassing 2,573 square feet of living space, 3337 total square feet. The property features three spacious bedrooms with three and a half en suite bathrooms, and an expansive kitchen area ensuring ample space and comfort for residents and guests alike. Most rooms provide serene views of the meticulously landscaped private backyard, which includes a stunning pool and well-maintained grounds. This is designed to maximize natural light and flow, creating an inviting atmosphere throughout. The generous living areas are ideal for both intimate gatherings and larger social event Each room has been designed to offer a balance of comfort and sophistication, making this home a true retreat. The over-sized lot, two-car garage, side entry, full house generator, and large pantry and laundry add to the appeal of this timeless residence. Situated in a prime location, 3525 Polo Drive offers easy access to the best that Gulf Stream has to offer, including nearby beaches, dining and shopping. This property is a rare opportunity to own a piece of Gulf Stream's charm and elegance.

Last Agent to Sell the Property

Bettina Smith

The Corcoran Group License #619519 Listed on: 09/07/2024

The Corcoran Group

Last Buyer's Agent

Perry Owen

The Corcoran Group License #3382656

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,889

Year Built

  • Built in 1970

Lot Details

  • West Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,537 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Plantation Shutters
  • Dining Room
  • Sun or Florida Room
  • Garden Views
  • Home Security System
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Polo Fields 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20434603030020080

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,889

Year Built

Built in 1970

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A to Gulf Stream, turn west on Banyan, west to Polo, Property on northeast corner of Banyan and Polo
  • Year Built: 1970
  • Architectural Style: Traditional
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Bathtub, Dual Sinks, Eat-in Kitchen, Kitchen Island, Pantry, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 2537.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 1
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Garden
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: In Ground
  • Pool Private: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Flood Plain Disclosure
  • Construction Type: Block
  • Direction Faces: West
  • 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
  • Security: Security System
  • Cooling: Central Air, 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
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 20434603030020080
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9889.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2024
Closed on
Oct 16, 2024
Sold by
Brady Page M and Merrill Michael V
Bought by
Ellis Steven M and Ellis Robin
Seller's Agent
Bettina Smith
The Corcoran Group
Buyer's Agent
Perry Owen
The Corcoran Group
List Price
$4,195,000
Sold Price
$4,700,000
Premium/Discount to List
$505,000
12.04%
Views
11
Current Estimated Value
$4,792,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,014
Avg. Annual Appreciation
1.41%

Purchase Details

Closed on
Mar 16, 2020
Sold by
Merrill Martha P
Bought by
Merrill Martha P and The Martha P Merrill Trust

Purchase Details

Closed on
Mar 4, 1996
Sold by
Parker Janet W
Bought by
Merrill Barrant and Merrill Martha P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.97%
Mortgage Type
New Conventional
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
Ellis Steven M -- None Listed On Document
Ellis Steven M $4,700,000 None Listed On Document
Merrill Martha P -- Attorney
Merrill Barrant $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merrill Barrant $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $4,700,000 +12.0% $1,853 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/07/2024 09/07/24 For Sale $4,195,000 -- $1,654 / 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 $10,117 $3,569,585 -- --
2024 $10,117 $667,937 -- --
2023 $9,889 $648,483 $0 $0
2022 $9,887 $629,595 $0 $0
2021 $9,883 $611,257 $0 $0
2020 $9,888 $602,818 $0 $0
2019 $9,829 $589,265 $0 $0
2018 $9,432 $578,278 $0 $0
2017 $9,540 $566,384 $0 $0
2016 $9,644 $554,735 $0 $0
2015 $10,144 $550,879 $0 $0
2014 $9,620 $546,507 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11018011

BeachesMLS (Greater Fort Lauderdale)

APN: 20-43-46-03-03-002-0080

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