NOT LISTED FOR SALE

221 N Atlantic Dr Lantana, FL 33462

Estimated Value: $7,378,000 - $8,400,471

6 Beds
9 Baths
8,207 Sq Ft
$953/Sq Ft Est. Value

Sale Details

Date Sold: November 11, 2020

Last sale price $4,500,000 $548 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $48,806 / mo

83 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Heated In Ground Pool
  • Property has ocean access
  • Fitness Center
  • Gated Community

About This Home

As of November 2020

This prestigious Hypoluxo Island Estate is 11,981-SQFT on more than 1/2acre on main west ICW, offers a rare opportunity to enjoy casual poolside relaxation and gracious entertaining along with yachting. Its deep-water dock (8 Ft+ water depth) can accommodate approximately +/-100-foot yacht +more boats/toys. Guest/Crew/Garage apartment 1/1 with Kitchen/LR. The fully gated private 2 story gracious Georgian home with 6 bed and 7 Full bath, 2 half baths.Upon entering the opulent foyer, circular domed stair hall and central gallery, one looks across the formal living room with its soaring 30-foot ceiling and entire western wall of arched glass windows with luscious tropical gardens, water views sunsets,overiszed pool and spa, sun decks, patios, covered loggia... (see supplement for full remar This prestigious Hypoluxo Island 11,981-square-foot estate on more than a half-acre offers a rare opportunity to enjoy casual poolside relaxation and gracious entertaining. Its deep-water dock can accommodate approximately +/-100-foot yacht. The Chicago brick drive and gated front courtyard bring one to the classical portico of this magnificent two-story Georgian home with six bedrooms and seven full bathrooms and two half baths.Upon entering the opulent foyer, circular domed stair hall and central gallery, one looks across the formal living room with its soaring 30-foot ceiling and entire western wall of arched glass windows, and beholds luscious tropical gardens, sun decks, patios, covered loggia, outdoor living room, pool, spa, deep-water dock and wide views of the Intracoastal Waterway. Other features in the stunning living room include marble floors and a dramatic two-story stone fireplace. Also off the main gallery are the library and the dining room. The mahogany paneled library features hardwood floors, a coffered ceiling, custom built-in cabinetry and bookcases, and French doors that lead to a private covered loggia with stone columns and pecky cypress ceiling. The formal dining room with its adjacent wet bar is delineated from the gallery by a wide archway and columns. Just across the hall is the entry to the gourmet center-island kitchen with professional grade appliances, breakfast copula and family room, which all open to the incredible covered loggia, summer kitchen and outdoor living room with a fireplace. In the southeast wing are two lovely ensuite guest bedrooms, an elevator, a large laundry and exercise rm.

Last Agent to Sell the Property

Jack Elkins

William Raveis Real Estate License #3226762 Listed on: 07/21/2020

Last Buyer's Agent

Anthony Imbesi

MMLS Assoc.-Inactive Member License #3288418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,026

Year Built

  • Built in 2001

Lot Details

  • 30,156 Sq Ft Lot
  • Lot Dimensions are 100x296
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Security Fence
  • Sprinkler System
  • Fruit Trees
  • Property is zoned R1A(ci

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking
  • Open Parking

Property Views

  • Intracoastal
  • Bay
  • Garden
  • Pool

Home Design

  • Traditional Architecture
  • Georgian Architecture
  • Mediterranean Architecture
  • Split Level Home
  • Frame Construction
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 8,207 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Partially Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan
  • Screened Porch
  • Storage

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Closet Cabinetry
  • Bidet
  • Roman Tub
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Motion Detectors
  • Storm Windows

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Automatic Pool Chlorinator
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Rip-Rap
  • Balcony
  • Open Patio
  • Outdoor Living Area
  • Exterior Lighting
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434503010000070

Community Details

Overview

  • Hypoluxo Island Add Subdivision

Amenities

  • Picnic Area

Recreation

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

Security

  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,026

Year Built

Built in 2001

Lot Details

0.69 Acres

HOA Fees

$2 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Ocean Blvd to Ocean Ave, then to N. Atlantic drive
  • Year Built: 2001
  • Architectural Style: Georgian, Mediterranean, Other, Traditional
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Cathedral Ceiling(s), Central Vacuum, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Family/Dining Room, Garden Tub/Roman Tub, Jetted Tub, Kitchen/Dining Combo, Custom Mirrors, Multiple En Suite Bathrooms, Pantry, Split Bedrooms, Storage
  • Furnished: Partially
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Laminate, Marble, Other, Wood
  • Living Area: 8207.0
  • Stories: 2
  • Window Features: Other, Storm Window(s)

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Living Area
  • View: Bay, City, Garden, Intercoastal, Marina, Pool
  • Fencing: Fenced
  • Lot Features: Fruit Trees, Sprinklers Automatic, Sprinkler System
  • Pool Features: Automatic Chlorination, Heated, In Ground, Outside Bath Access, Pool Equipment, Salt Water, Association
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Riprap, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Frame, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Open, Patio, Porch, Screened, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener, Open, On Street

Utilities

  • Security: Security System Owned, Security System, Closed Circuit Camera(s), Gated Community, Motion Detectors, Phone Entry, Security Fence, Security Lights
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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

  • Association Fee: 1.66
  • Community Features: Boat Facilities, Street Lights
  • Senior Community: No
  • Amenities: Boating, Fitness Center, Picnic Area, Pool, Spa/Hot Tub, Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 40434503010000070
  • Lot Size Acres: 0.69
  • Lot Size: 100x296
  • Lot Size Sq Ft: 30056.4
  • Mobile Dim Units: Feet
  • Zoning: R1A(ci

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 81026.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Nov 11, 2020
Sold by
Gesualdo Ralph J and Gesualdo Mary E
Bought by
Johnson Jennifer
Seller's Agent
Jack Elkins
William Raveis Real Estate
Buyer's Agent
Anthony Imbesi
MMLS Assoc.-Inactive Member
List Price
$5,500,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,000,000
-18.18%
Current Estimated Value
$7,817,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,317,868
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
Jul 15, 2005
Sold by
International Autos Inc
Bought by
Gesualdo Ralph J and Gesualdo Mary E

Purchase Details

Closed on
Oct 23, 2003
Sold by
Mosling Bernhard A
Bought by
International Autos Inc

Purchase Details

Closed on
Jan 20, 2003
Sold by
Avisch Homes Llc
Bought by
Mosling Bernhard A

Purchase Details

Closed on
Mar 2, 2000
Sold by
Samuels Robert and Diament Scott
Bought by
Avisch Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
8.29%

Purchase Details

Closed on
Jan 6, 1997
Sold by
Mitchell William and Mitchell Carol
Bought by
Samuels Robert and Diament Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,700
Interest Rate
7.51%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 29, 1994
Sold by
Alto Alston G and Alto Gloria J
Bought by
Mitchell William and Mitchell Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,900
Interest Rate
8.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Jennifer $4,500,000 Attorney
Gesualdo Ralph J -- --
International Autos Inc -- --
International Autos Inc $3,403,000 --
Mosling Bernhard A $3,900,000 --
Avisch Homes Llc $745,000 --
Samuels Robert $427,000 --
Mitchell William $567,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samuels Robert $550,000
Previous Owner Samuels Robert $42,700
Previous Owner Mitchell William $396,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2020 11/11/20 Sold $4,500,000 -18.2% $548 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $5,500,000 -- $670 / 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 $84,344 $4,451,206 -- --
2024 $84,344 $4,325,759 -- --
2023 $82,055 $4,199,766 $0 $0
2022 $81,309 $4,077,443 $0 $0
2021 $80,154 $3,958,683 $2,500,000 $1,458,683
2020 $88,359 $4,300,878 $2,100,000 $2,200,878
2019 $81,026 $3,883,381 $2,000,000 $1,883,381
2018 $91,403 $4,505,232 $2,040,750 $2,464,482
2017 $98,801 $4,807,402 $2,040,750 $2,766,652
2016 $92,860 $4,371,368 $0 $0
2015 $86,236 $3,973,971 $0 $0
2014 $78,561 $3,612,701 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10640324

BeachesMLS (Greater Fort Lauderdale)

APN: 40-43-45-03-01-000-0070

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