NOT LISTED FOR SALE

Estimated Value: $4,414,206 - $5,392,000

5 Beds
5.5 Baths
4,309 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $2,800,000 $650 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $29,216/month

156 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Saltwater Pool
  • Deck

About This Home

As of September 2020

Magnificent Five Bedroom Deepwater Estate Custom Built to Perfection in 2016 w/ the highest grade materials & finishes. A Chicago Brick driveway, Three Bay Garage, Fountain and Impressive Landscaping Design featuring two large Canary Date Palms sets the Exterior Front Stage for this Extraordinary Residence. Inviting Custom Mahogany front doors lead to an Open Floor Plan presenting Formal Living and Dining Spaces, a Gas Fireplace, a Wet Bar w/ Wine Cooler for Ultimate Entertaining, as well as Carrera Marble counters & center Island in the Kitchen featuring top-of-the-line appliances. The Exquisite Large Master Suite includes a grandiose, custom walk-in closet and beautifully designed marble bathroom w/ dual sinks, water closet, w/ separate soaking tub and shower. See Addendum for more info! Magnificent Five Bedroom Deepwater Estate Custom Built to Perfection in 2016 with the highest grade materials and finishes. A Chicago Brick driveway, Three Bay Garage, Fountain and Impressive Landscaping Design featuring two large Canary Date Palms sets the Exterior Front Stage for this Extraordinary Residence. Inviting Custom Mahogany front doors lead to an Open Floor Plan presenting Formal Living and Dining Spaces, a Gas Fireplace, a Wet Bar w/ Wine Cooler for Ultimate Entertaining, as well as Carrera Marble counters and Carrera Marble Island in the Kitchen featuring top-of-the-line appliances. The Exquisite Large Master Suite includes a grandiose, custom walk-in closet and beautifully designed marble bathroom with dual sinks, water closet, with separate soaking tub and shower, as well as a spacious waterfront terrace. Built on pilings with all Impact Windows and a solid concrete second floor solidifies this Stunning Waterfront Residence as a Timeless Work of Art that will appeal to the most discerning clientele.

Last Agent to Sell the Property

Bonnie Heatzig

Compass Florida LLC License #3100407 Listed on: 01/30/2020

Compass Florida LLC

Last Buyer's Agent

Jorge Alonso

Hammerberg & Associates, Inc. License #3021223

Hammerberg & Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,959

Year Built

  • Built in 2016

Lot Details

  • 9,720 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • South Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Spanish Tile Roof
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,309 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Decorative Fireplace
  • French Doors
  • Formal Dining Room
  • Canal Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Saltwater Pool
  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

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

Community Details

  • Tropic Isle Subdivision, Stunning Waterfront Estate Floorplan

Listing and Financial Details

  • Assessor Parcel Number 12434628020001490

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,959

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US 1/Federal Hwy. to Tropic Blvd. which is the first light south of Linton Blvd. Go east to Spanish Trail. Go south or turn right to Allamanda Drive on your left.
  • Year Built: 2016
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Attic, Wet Bar, Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Pantry, Pull Down Attic Stairs, Sitting Area in Primary, Split Bedrooms, Soaking Tub, Separate Shower, Upper Level Primary
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 4309.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Living Area
  • View: Canal
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Canal Front, Intracoastal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Deck, Open, Porch, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Spanish Tile, 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: Inside, Laundry Closet, Laundry Tub
  • Security: Security System Owned, Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 12434628020001490
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 34959.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Sep 3, 2020
Sold by
Bray Peter and Bray Claire
Bought by
Mulvey Daniel and Mulvey Josefina
Seller's Agent
Bonnie Heatzig
Compass Florida LLC
Buyer's Agent
Jorge Alonso
Hammerberg & Associates, Inc.
List Price
$2,999,000
Sold Price
$2,800,000
Premium/Discount to List
-$199,000
-6.64%
Current Estimated Value
$4,889,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,089,552
Avg. Annual Appreciation
10.96%
Original Mortgage
$1,680,000
Outstanding Balance
$1,468,412
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$3,421,140

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 2, 2019
Sold by
Ganufors John William and Ganufors Tracy Renay
Bought by
Bray Peter and Bray Claire
Seller's Agent
Jeffrey Wilson
Douglas Elliman
Buyer's Agent
Bonnie Heatzig
Compass Florida LLC
List Price
$2,795,000
Sold Price
$2,675,000
Premium/Discount to List
-$120,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2017
Closed on
Feb 14, 2018
Sold by
Askari Amir and Piscitelli Miranda
Bought by
Ganfors John William and Ganfors Tracy Renay
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$2,040,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 29, 2011
Closed on
Oct 22, 2012
Sold by
Mergler Stephen Kent and Mergler Amy Loos
Bought by
Askari Amir
Seller's Agent
Peter Catania
PMC Prime Properties, Inc
List Price
$538,400
Sold Price
$496,000
Premium/Discount to List
-$42,400
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.50%
Original Mortgage
$372,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Stern J Walter
Bought by
Mergler Stephen Kent and Loos Amy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Mulvey Daniel $2,800,000 Attorney
Bray Peter $2,675,000 Attorney
Ganfors John William $2,400,000 Attorney
Askari Amir $496,000 Attorney
Mergler Stephen Kent $795,000 Independence Title Of Boca R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulvey Daniel $1,680,000
Previous Owner Bray Peter $2,000,000
Previous Owner Ganfors John William $2,040,000
Previous Owner Askari Amir $372,000
Previous Owner Mergler Stephen Kent $636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2020 09/03/20 Sold $2,800,000 -6.6% $650 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $2,999,000 +12.1% $696 / Sq Ft
10/03/2019 10/03/19 Sold $2,675,000 -4.3% $621 / Sq Ft View Prior Sale
09/05/2019 09/05/19 For Sale $2,795,000 +16.5% $649 / Sq Ft
02/14/2018 02/14/18 Sold $2,400,000 -12.7% $557 / Sq Ft View Prior Sale
01/15/2018 01/15/18 Pending -- -- --
11/08/2017 11/08/17 For Sale $2,750,000 +454.4% $638 / Sq Ft
10/22/2012 10/22/12 Sold $496,000 -7.9% $174 / Sq Ft View Prior Sale
03/01/2012 03/01/12 Pending -- -- --
09/28/2011 09/28/11 For Sale $538,400 -- $189 / 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 $43,785 $2,498,154 -- --
2024 $43,785 $2,427,749 -- --
2023 $44,112 $2,357,038 $0 $0
2022 $43,989 $2,288,386 $0 $0
2021 $44,215 $2,221,734 $900,000 $1,321,734
2020 $41,506 $2,028,226 $800,000 $1,228,226
2019 $34,959 $1,728,902 $800,000 $928,902
2018 $33,548 $1,696,196 $0 $0
2017 $33,334 $1,661,309 $0 $0
2016 $13,998 $700,786 $0 $0
2015 $14,380 $695,915 $0 $0
2014 $15,270 $718,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10596668

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-28-02-000-1490