NOT LISTED FOR SALE

Estimated Value: $6,749,000 - $38,919,514

6 Beds
7 Baths
8,981 Sq Ft
$2,543/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $30,721,000 $3,421 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $151,124/month

155 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • New Construction
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Gunite Pool

About This Home

As of September 2021

North Lake Way's newest home situated on over half an acre with deep water dockage. The property features pristine landscaping from Nievera Williams, giving you ultimate privacy at all times. Inside the home enjoy the expansive gourmet chef's kitchen, media room, wine cellar, and more. Enjoy the fabulous sunsets from your master suite terrace, sitting high above the lake. The 9,000 +/- SF home is comprised of 5 bedrooms with an additional guest home above the 3-car garage and modern transitional elements throughout. The brand new state-of-the art T-shaped dock will allow for a 120'+ yacht. Expected completion Spring of 2021.

Last Agent to Sell the Property

Chris Deitz

Compass Florida LLC License #631706 Listed on: 04/28/2021

Compass Florida LLC

Co-Listed By

B. DUERR

Compass Florida LLC License #3117391

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $127,095

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.55 Acre Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • Lake

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 8,981 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan
  • Sun or Florida Room

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Closet Cabinetry
  • 7 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Gunite Pool
  • Saltwater Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434234100000051

Community Details

Overview

  • Eden Villa In Subdivision

Amenities

  • Community Library
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Spa
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$127,095

Year Built

Built in 2021 | New Construction

Lot Details

0.55 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East on Okeechobee Blvd. Take left on Flagler Drive. Make a right on Flagler Memorial Bridge. Left on Bradley Place Rd., and a left onto Country Club Rd. Follow to 1404 N Lake Way
  • Year Built: 2021
  • Architectural Style: Colonial
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Bidet, Breakfast Area, Bathtub, Closet Cabinetry, Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Family/Dining Room, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Living/Dining Room, Multiple En Suite Bathrooms, Pantry
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Living Area: 8981.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 2
  • Window Features: Sliding, Storm Window(s)

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area
  • View: Intercoastal, Lake
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Gunite, Heated, In Ground, Pool Equipment, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Property Condition: New Construction
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System Owned, Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating, Elevator(s), Fitness Center, Library, Spa/Hot Tub, Sidewalks, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434234100000051
  • Lot Size Acres: 0.55
  • Lot Size Sq Ft: 23958.0
  • Mobile Dim Units: Feet
  • Zoning: RA

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 127095.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Sep 10, 2021
Sold by
1404Northlake Llc
Bought by
Capello Jason
Seller's Agent
Chris Deitz
Compass Florida LLC
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$32,500,000
Sold Price
$30,721,000
Premium/Discount to List
-$1,779,000
-5.47%
Current Estimated Value
$22,834,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,886,743
Avg. Annual Appreciation
-6.46%

Purchase Details

Listed on
Apr 10, 2018
Closed on
Oct 12, 2018
Sold by
1404 Lake Way Llc
Bought by
1404Northlake Llc
Seller's Agent
Suzanne Trapani Frisbie
The Corcoran Group
Buyer's Agent
Chris Deitz
Compass Florida LLC
List Price
$9,932,000
Sold Price
$8,900,000
Premium/Discount to List
-$1,032,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.75%
Original Mortgage
$11,000,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 2, 2018
Sold by
Lorello Robert J and Lorello Anita
Bought by
1404 Lake Way Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Capello Jason $30,721,000 Attorney
1404Northlake Llc $8,900,000 Attorney
1404 Lake Way Llc $8,250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1404Northlake Llc $11,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2021 09/10/21 Sold $30,721,000 -5.5% $3,421 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $32,500,000 +265.2% $3,619 / Sq Ft
10/26/2018 10/26/18 Sold $8,900,000 -10.4% $2,278 / Sq Ft View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $9,932,000 -- $2,542 / 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 $401,908 $27,734,666 -- --
2024 $401,908 $26,953,040 -- --
2023 $393,811 $26,168,104 $0 $0
2022 $394,602 $25,406,058 $0 $0
2021 $146,739 $9,731,833 $9,712,422 $19,411
2020 $127,095 $7,615,429 $7,594,515 $20,914
2019 $124,349 $7,294,095 $7,272,000 $22,095
2018 $54,541 $3,283,965 $0 $0
2017 $54,550 $3,216,420 $0 $0
2016 $53,672 $3,150,264 $0 $0
2015 $55,507 $3,128,365 $0 $0
2014 $55,774 $3,103,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10673631

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-42-34-10-000-0051

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