NOT LISTED FOR SALE

Estimated Value: $5,537,693 - $7,484,000

4 Beds
6 Baths
5,032 Sq Ft
$1,358/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $3,750,000 $745 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $41,774/month

73 Days on Market

Highlights

  • Heated Pool
  • Garden View
  • High Ceiling
  • Marble Flooring
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Breakfast Area or Nook

About This Home

As of February 2021

Located in the desirable Seagate Neighborhood, this beach area property is a few short blocks from the Atlantic Ocean and Atlantic Ave. Boasting over 6,400 total square feet, the four bedroom residence combines the luxury and amenities of a custom built home with the elegance of a timeless estate. Features include custom finishes and wood trim; hardwood and marble floors; impact glass; elevator; and generator. The Palm Beach style property offers abundant privacy with an expansive driveway, courtyard entry, and gated entrance to the three garage bays. Entertaining and private retreats are a breeze with covered loggia, fireplace, and summer kitchen; heated pool with spa; and terraces for outdoor lounging and dining. This coastal residence is the perfect spot to enjoy Luxury Living. FEATURES
" 4 bedrooms / 4.2 baths
" 5,032 square feet under air / 6,486 total square feet
" Prime location with 113' of frontage on Seagate Dr and 117' of depth
" Located just blocks from the beach and shops and restaurants on Atlantic Ave
" Custom built to the highest of standards to create a classic estate style enhanced by modern quality and amenities
" Stunning curb appeal with a Palm Beach style drive, gated north entrance and courtyard terrace
" Entry foyer, honed marble floors and elegant stairway with two story ceiling and natural light
" Arched doorways; wood beamed ceilings; custom trim; built-ins; and hardwood floors
" North hallway flows to formal parlor with gas fireplace and dining room " Living room with gas fireplace, bar room with wine cooler, and French door access to poolside grounds
" Expansive kitchen with large island, snack bar seating, two sinks, gas range, casual dining area, views of the pool and easy access to butler's pantry and formal dining room
" Service hallway off kitchen has powder room, and access to covered loggia and north grounds with three garage bays
" South hallway has access to powder room, elevator, en suite guest bedroom and office workspace with French door access to the pool and grounds
" Stairway to landing with sitting area; Juliette balcony and hidden doorway access to laundry room
" Stately office with built-ins
" South hallway to elevator access and two additional en suite guest rooms
" Master Wing has a private hallway entry; sitting room with balcony; lovely bedroom with balcony and views of the pool and grounds; morning bar; large walk-in closet with access to laundry room; and spacious master bath with dual vanities, tub, glass shower and outdoor shower
" Covered loggia with outdoor gas fireplace and impressive summer kitchen
" Heated pool and separate heated spa with fountain for outdoor sun and fun
" Multi-level terraces for outdoor lounging and dining
" Landscaped and manicured grounds with gated access for privacy
" North gated driveway leads to two-car garage and one-car garage plus expansive parking area for residents
" Six total refrigerators plus one wine fridge; two in the kitchen, one in the butler's pantry, one outside, one in the bar room and one in the master bedroom
" Elevator; Crestron smart home system; security system with cameras; natural gas; impact glass; and generator If you are looking for a beach area residence that perfectly combines the amenities of a newer custom built home with the elegance and charm of a vintage Palm Beach estate, this is the perfect luxury property for you.

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 10/26/2020

Douglas Elliman

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 10/26/2020

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,323

Year Built

  • Built in 2002

Lot Details

  • 0.3 Acre Lot
  • West Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 5,032 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Zoned Cooling
  • Heating Available

Community Details

  • Seagate Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621060040090

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,323

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East Atlantic Ave to A1A, south to Carissa, west to Seagate Dr, south to house
  • Year Built: 2002
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Elevator, High Ceilings, Jetted Tub, Kitchen Island, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 5032.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
  • View: Garden, Pool
  • Fencing: Fenced
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet, Laundry Tub
  • Security: Security System Owned, Closed Circuit Camera(s)
  • Cooling: Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12434621060040090
  • Lot Size Acres: 0.3
  • Lot Size: 113.0 ft x 117.0 ft
  • Lot Size Sq Ft: 13068.0
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 49323.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Feb 11, 2021
Sold by
Shor Michael L and Shor Beth Ann
Bought by
Scholer Ryan C and Scholer Amber R
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$3,999,000
Sold Price
$3,750,000
Premium/Discount to List
-$249,000
-6.23%
Current Estimated Value
$6,834,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,084,423
Avg. Annual Appreciation
12.95%

Purchase Details

Listed on
Oct 26, 2020
Closed on
Jan 23, 2021
Sold by
Shor Michael L and Shor Beth Ann
Bought by
Scholar Ryan C and Scholar Amber R
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$3,999,000
Sold Price
$3,750,000
Premium/Discount to List
-$249,000
-6.23%

Purchase Details

Listed on
Sep 30, 2013
Closed on
May 15, 2014
Sold by
Spano Peter F and Spano Cathy D
Bought by
Shor Michael L
List Price
$3,875,000
Sold Price
$3,285,000
Premium/Discount to List
-$590,000
-15.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%
Original Mortgage
$1,000,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 2006
Sold by
Dwyer Peter H and Dwyer Kim D
Bought by
Spano Peter F

Purchase Details

Closed on
Apr 19, 2001
Sold by
Hines Judith C Trust C
Bought by
Dwyer Peter H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2001
Sold by
Judith C Hines I
Bought by
Hines Judith Tru C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 1993
Sold by
Wohlfert Jon A
Bought by
Hines Judith C
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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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
Scholer Ryan C -- Attorney
Scholar Ryan C $3,750,000 Attorney
Shor Michael L $3,285,000 Attorney
Spano Peter F $2,560,000 Attorney
Dwyer Peter H $475,000 --
Hines Judith Tru C -- --
Hines Judith C $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shor Michael L $1,000,000
Previous Owner Hines Judith Tru C $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2021 02/08/21 Sold $3,750,000 -6.2% $745 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
10/26/2020 10/26/20 For Sale $3,999,000 +21.7% $795 / Sq Ft
05/15/2014 05/15/14 Sold $3,285,000 -15.2% $652 / Sq Ft View Prior Sale
04/15/2014 04/15/14 Pending -- -- --
09/30/2013 09/30/13 For Sale $3,875,000 -- $769 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

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 $72,442 $4,115,238 -- --
2024 $72,442 $3,999,259 -- --
2023 $73,005 $3,882,776 $0 $0
2022 $72,827 $3,769,685 $0 $0
2021 $50,183 $2,517,607 $0 $0
2020 $49,914 $2,482,847 $0 $0
2019 $49,323 $2,427,025 $0 $0
2018 $47,351 $2,381,771 $0 $0
2017 $47,301 $2,332,783 $0 $0
2016 $47,417 $2,273,539 $0 $0
2015 $48,713 $2,257,735 $0 $0
2014 $22,989 $1,066,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10666163

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-21-06-004-0090