NOT LISTED FOR SALE

Boca Raton, FL 33432

Estimated Value: $5,570,000 - $23,834,566

7 Beds
10 Baths
10,538 Sq Ft
$1,395/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $22,000,000 $2,088 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $109,429/month

184 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • 3-minute walk to Wildflower Park

About This Home

As of November 2021

Magnificent, private, gated compound in East Boca Raton. This estate home sits on 1.7 acres of land and features 225ft of dockage in a no wake zone. Special features include fortress-like construction, 2 bedroom guesthouse, covered boat slip for a boat up to 30ft, porte-cochère, summer kitchen, gazebo, large resort style pool with sun shelf, office, media room, clubroom, large open kitchen with wolf and subzero appliances, large covered loggias for entertaining, elevator, generator, wine room, expansive private master suite and so much more.

Last Agent to Sell the Property

Jonathan Postma

Coldwell Banker/BR License #3199367 Listed on: 05/04/2021

Coldwell Banker/BR

Last Buyer's Agent

Nancy Gefen

Signature Int'l Premier Properties License #694753

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $255,194

Year Built

  • Built in 2008

Lot Details

  • 1.62 Acre Lot
  • Property fronts an intracoastal waterway
  • West Facing Home

Parking

  • 4 Car Attached Garage
  • 3 Attached Carport Spaces

Home Design

  • Aluminum Roof

Interior Spaces

  • 10,538 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Bar
  • High Ceiling
  • Fireplace
  • Formal Dining Room
  • Intracoastal Views
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434720250010080

Community Details

Overview

  • Kinney P D & H D Gates Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$255,194

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palmetto Park Rd East to NE 5th Ave. North to property
  • Year Built: 2008
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Living/Dining Room, Multiple En Suite Bathrooms, Tub Shower, Upper Level Primary, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Concrete, Marble, Wood
  • Living Area: 10538.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Lighting, Outdoor Kitchen, Outdoor Living Area
  • View: Intercoastal
  • Lot Features: 1-2 Acres
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Other Structures: Guest House
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

  • Covered Parking Spaces: 7.0
  • Attached Garage: Yes
  • Carport Spaces: 3.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached Carport, Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating

Lot Info

  • Parcel #: 06434720250010080
  • Lot Size Acres: 1.62
  • Lot Size: 222.0 ft x 317 ft
  • Lot Size Sq Ft: 70567.2
  • Mobile Dim Units: Feet
  • Zoning: R1B(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 255194.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Nov 19, 2021
Sold by
Flancbaum Morris and Rizzuto Susan
Bought by
Gefen Gregory S and The 250 Ne 5Th Ave Land Trust
Seller's Agent
Jonathan Postma
Coldwell Banker/BR
Buyer's Agent
Nancy Gefen
Signature Int'l Premier Properties
List Price
$26,500,000
Sold Price
$22,000,000
Premium/Discount to List
-$4,500,000
-16.98%
Current Estimated Value
$14,702,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,297,717
Avg. Annual Appreciation
-9.19%

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jan 3, 2019
Sold by
Perez Joseph H
Bought by
Flancbaum Morris
Seller's Agent
Jonathan Postma
Coldwell Banker/BR
Buyer's Agent
Jonathan Postma
Coldwell Banker/BR
List Price
$16,500,000
Sold Price
$16,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%

Purchase Details

Listed on
Oct 3, 2011
Closed on
Jun 7, 2012
Sold by
Fifth Third Bank
Bought by
Perez Joseph H
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Gerard Liguori
Premier Estate Properties Inc
List Price
$13,900,000
Sold Price
$9,750,000
Premium/Discount to List
-$4,150,000
-29.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$5,000,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 6, 2010
Sold by
Talbott Gregory K and Talbott Mimi
Bought by
Fifth Third Bank

Purchase Details

Closed on
Feb 28, 2006
Sold by
County Of Palm Beach
Bought by
Talbott Gregory K

Purchase Details

Closed on
Dec 24, 2003
Sold by
2500 Associates Ltd
Bought by
Talbott Gregory K

Purchase Details

Closed on
Aug 24, 1999
Sold by
Donna Rodney K and Donna Longman
Bought by
2500 Associates Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.65%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gefen Gregory S $22,000,000 Attorneys Key Title Llc
Flancbaum Morris $16,500,000 Attorney
Perez Joseph H $9,750,000 Attorney
Fifth Third Bank -- None Available
Fifth Third Bank $1,500,100 None Available
Talbott Gregory K -- Attorney
Talbott Gregory K $4,000,000 --
2500 Associates Ltd $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Joseph H $5,000,000
Previous Owner 2500 Associates Ltd $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2021 11/19/21 Sold $22,000,000 -17.0% $2,088 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $26,500,000 +60.6% $2,515 / Sq Ft
01/03/2019 01/03/19 Sold $16,500,000 0.0% $1,566 / Sq Ft View Prior Sale
12/04/2018 12/04/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $16,500,000 +69.2% $1,566 / Sq Ft
06/11/2012 06/11/12 Sold $9,750,000 -29.9% $925 / Sq Ft View Prior Sale
05/12/2012 05/12/12 Pending -- -- --
10/04/2011 10/04/11 For Sale $13,900,000 -- $1,319 / 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 $376,848 $18,213,274 -- --
2024 $376,848 $22,046,123 -- --
2023 $344,261 $20,041,930 $14,818,500 $5,223,430
2022 $332,289 $18,903,417 $0 $0
2021 $258,758 $14,352,662 $0 $0
2020 $255,194 $14,154,499 $10,080,000 $4,074,499
2019 $163,466 $8,819,402 $0 $0
2018 $153,259 $8,654,958 $0 $0
2017 $152,544 $8,476,942 $0 $0
2016 $153,315 $8,302,588 $0 $0
2015 $157,658 $8,244,874 $0 $0
2014 $158,326 $8,179,438 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Postma

    Seller's Agent in 2021

    Jonathan Postma

    Coldwell Banker/BR

    (561) 843-7828

    108 Total Sales

    Jonathan Postma
    Section Image

  • N

    Buyer's Agent in 2021

    Nancy Gefen

    Signature Int'l Premier Properties

    (561) 271-9085

    75 Total Sales

    Nancy Gefen
    Section Image
  • Kathy Green

    Buyer Co-Listing Agent in 2021

    Kathy Green

    Signature Int'l Premier Properties

    (561) 212-9447

    74 Total Sales

    Kathy Green
    Section Image
  • Joseph Liguori

    Seller's Agent in 2012

    Joseph Liguori

    Premier Estate Properties Inc

    (561) 702-3477

    158 Total Sales

    Joseph Liguori
    Section Image

  • G

    Buyer's Agent in 2012

    Gerard Liguori

    Premier Estate Properties Inc

    (561) 715-0404

    24 Total Sales

    Gerard Liguori
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10713336

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-20-25-001-0080

Florida Palm Beach County Boca Raton

33432

Not Listed for Sale

Detached

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