NOT LISTED FOR SALE

Boynton Beach, FL 33435

Estimated Value: $6,560,000 - $13,801,582

6 Beds
8.5 Baths
9,870 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $4,000,000 $405 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $58,061/month

334 Days on Market

Highlights

  • Ocean View
  • Heated Pool
  • Deck
  • Property has ocean access
  • Waterfront
  • 1-minute walk to Ocean Ridge Natural Area

About This Home

As of June 2019

This majestic British West Indies Style estate captures endless, sparkling views of the Atlantic Ocean from all major rooms. Sited on approximately two third acre of lush tropically landscaped seaside grounds the residence encompasses 13,000 total square feet over three levels, including a separately detached guest cottage and four car garage. Exquisite and elegant craftsmanship is the hallmark to the six bedroom eight and one half bath compound. Designed for entertainment, this home boasts a gourmet cooks kitchen plus catering kitchen, billiard room and bar, 2000 bottle brick wine cellar, HD home theatre, resort style heated pool, spa, and full outdoor kitchen. An ocean view home office and gym equipped with Kinesis Techno System. A Crestron Home system brings ever This majestic British West Indies Style estate captures endless, sparkling views of the Atlantic Ocean from all major rooms. Sited on approximately two third acre of lush tropically landscaped seaside grounds the residence encompasses 13,000 total square feet over three levels, including a separately detached guest cottage and four car garage. Exquisite and elegant craftsmanship is the hallmark to the six bedroom eight and one half bath compound. Designed for entertainment, this home boasts a gourmet cooks kitchen plus catering kitchen, billiard room and bar, 2000 bottle brick wine cellar, HD home theatre, resort style heated pool, spa, and full outdoor kitchen. An ocean view home office and gym equipped with Kinesis Techno System. A Crestron Home system brings everything together to be controlled effortlessly by the owner including an HD surveillance and security system, whole home automatic generator, smart house technology, and a self operating elevator. Ocean Ridge is a barrier island strictly residential seaside town nestled between Palm Beach and Delray Beach. Easily accessible, it is 15 minutes from Palm Beach International Airport, and 30 minutes to Fort Lauderdale International Airport. World class restaurants, shopping, tennis, fishing, boating are all within minutes of this extraordinary property.
* 2000 bottle brick wine cellar * Kinesis Techno System
* Crestron Home system
* HD Sound Proof Theatre
* Impact windows and doors
* Whole home generator
* 10 year Warranty on the Roof

Last Agent to Sell the Property

Val Coz

Douglas Elliman License #3084495 Listed on: 07/05/2018

Douglas Elliman

Co-Listed By

Jeffrey Wilson

Douglas Elliman License #3364502

Last Buyer's Agent

Nicholas Arsali

Nextera Realty License #0673738

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,192

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Northeast Facing Home
  • Corner Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Aluminum Roof

Interior Spaces

  • 9,870 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security Lights
  • Intercom
  • Closed Circuit Camera
  • Fire Sprinkler System

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46434527080090100

Community Details

Overview

  • Boynton Sub Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,192

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A north from Woolbright to Anna St east to Old Ocean
  • Year Built: 2003
  • Architectural Style: Florida
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Bathtub, Cathedral Ceiling(s), Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Kitchen Island, Kitchen/Dining Combo, Multiple En Suite Bathrooms, Pantry, Split Bedrooms
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Oven, Water Purifier Owned, Refrigerator, Trash Compactor, Water Purifier, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 9870.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Living Area
  • View: Ocean
  • Fencing: Fenced
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground, Outside Bath Access
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Covered, Deck, Open, Patio, Porch, Balcony
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Other Equipment: Fuel Tank(s), Intercom, Satellite Dish
  • Security: Security System Owned, Closed Circuit Camera(s), Fire Sprinkler System, Security Lights
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 46434527080090100
  • Lot Size: 29,000 +/-
  • Mobile Dim Units: Feet
  • Zoning: RSE

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 74192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Jun 20, 2019
Sold by
Moquin Yves
Bought by
Arsali Afsoon and Arsali Family Trust
Seller's Agent
Val Coz
Douglas Elliman
Buyer's Agent
Nicholas Arsali
Nextera Realty
List Price
$9,900,000
Sold Price
$4,000,000
Premium/Discount to List
-$5,900,000
-59.6%
Current Estimated Value
$9,961,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,961,527
Avg. Annual Appreciation
14.92%

Purchase Details

Closed on
May 13, 2009
Sold by
Mayer Lothar and Mayer Carlyn
Bought by
Moquin Yves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,875,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2000
Sold by
Bardach Jacqueline C and Bardach Peter H
Bought by
Mayer Lothar
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
Arsali Afsoon $4,000,000 Attorney
Arsali Afsoon -- Attorney
Moquin Yves $9,000,000 Attorney
Mayer Lothar $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moquin Yves $2,875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2019 06/24/19 Sold $4,000,000 -59.6% $405 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
07/05/2018 07/05/18 For Sale $9,900,000 -- $1,003 / 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 $71,664 $4,079,269 -- --
2024 $71,664 $3,964,304 -- --
2023 $70,102 $3,848,839 $0 $0
2022 $69,953 $3,736,737 $0 $0
2021 $69,800 $3,627,900 $0 $0
2020 $115,841 $5,952,761 $2,403,500 $3,549,261
2019 $135,493 $6,818,276 $2,512,750 $4,305,526
2018 $129,345 $6,762,058 $2,196,066 $4,565,992
2017 $74,192 $3,878,023 $0 $0
2016 $74,835 $3,798,260 $0 $0
2015 $76,602 $3,771,857 $0 $0
2014 $76,760 $3,741,922 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Val Coz

    Seller's Agent in 2019

    Val Coz

    Douglas Elliman

    (561) 386-8011

    23 in this area

    36 Total Sales

    Val Coz
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jeffrey Wilson

    Douglas Elliman

    (561) 210-5264

    19 Total Sales

    Jeffrey Wilson
    Section Image

  • N

    Buyer's Agent in 2019

    Nicholas Arsali

    Nextera Realty

    (561) 740-1998

    17 Total Sales

    Nicholas Arsali
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10445211

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-27-08-009-0100

Florida Palm Beach County Boynton Beach

33435

Not Listed for Sale

Detached

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