NOT LISTED FOR SALE

Estimated Value: $2,726,000 - $21,409,700

6 Beds
9 Baths
10,769 Sq Ft
$1,121/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $15,548,000 $1,444 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $96,593/month

105 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Property has ocean access
  • Wine Room
  • Direct Ocean View
  • Dock has access to electricity and water
  • Outdoor Pool

About This Home

As of October 2020

Perfect Seclusion, the beach meets ultra luxury modern everyday living!! TurnKey, bring your bathing suit and clothes,optional!!! ''InstaLife Move in Ready''. 1 Acre +/- of DIRECT OCEAN beachfront to Intracoastal (Priv dock/lift for yacht/boat/toys) PRIV gated compound/estate has: Huge Master w/ 2 Master Baths (hair salon),2 massive custom closets,breakfast/evening bar, VIP Guest Rooms, Bespoke kitchen with the finest features to any chefs delight, that open to formal/casual dining and family room , custom wine area,(outdoor BBQ),custom clubroom/game room/bar, custom gym w/ latest equipment, multiple flex spaces, also for. 4+ car garage. Doors slide open to allow the inside to merge in harmony!! Literally too many details to list!! 12,562 SQ FT Serene ocean views provide the backdrop for this six bedroom, seven full and two half bath 12,562 square feet designer furnished turn- key home built and designed by Mark Timothy Luxury Homes to the creativity of award-winning Affiniti Architects. This ultra-modern masterpiece is secluded on sweeping grounds fronting 100± feet direct beachfront on the Atlantic Ocean & Intracoastal Waterway equipped with a private yacht dock. The private gated drive leads to two, two-bay garages that frame the private courtyard entry, with a floating walkway across the reflecting pond. Upon entry, you will immediately see the ocean through glass Nanawall across the ocean side of the house bring the outdoors in and open by the shell-stone terrace around the immense resort-style pool with spa.

Just outside the glass wall is a beautiful shell-stone terrace that surrounds the immense resort-style pool with glass-bead-finish spa.

White-oak-wrapped pillars frame the view through the living room window wall. / On another wall of the living room is the marble-encased ribbon fireplace./ Facing a side garden, the window-walled dining room has wine storage built in under the shell-stone-lined white-oak-and-glass staircase. On the other side is a with a sculpture garden./ Through a butler's pantry and food pantry, the kitchen has Cristallo quartzite counters including an island with walnut bar counter./ The kitchen is equipped with Thermador, Asko, and Sub-Zero appliances including an induction range with sleek stone-encased stainless steel hood./Open to the kitchen in an expansive space, the three-exposure family/breakfast room joins to the ocean room and pool terrace./ Across the living room, the fabulous bar has a suspended walnut counter and onyx-topped cabinetry./ Surrounding the bar enjoy the oceanfront club room/lounge with glazed porcelain tile accent wall and window walls joining to the ocean room and pool terrace./ In addition to the formal powder room there is a cabana bath with outside shower. A private bedroom suite is also on this level.

Take the elevator or staircase to the upper gallery overlooking the front garden courtyard./ In its own sprawling wing, the oceanfront master suite is accessed through a private double-door entry./ Begin your day with ocean sunrises from the suite's dreamy bedroom and sitting area. Step out to your private balcony or balcony centered above the pool./ Custom-fitted wardrobe rooms are paired with two master baths designed as luxe spa environments finished in Avorio onyx and Perla Venata quartzite, both with glass-enclosed showers. Enjoy ocean views through the sliding windows by your soaking tub. The fully equipped gym also has ocean views and four more bedrooms all enjoy spa-like baths and feature an oceanfront VIP suite opening to the center balcony. This unique home has six bedrooms, seven full, and two half baths. Estate is equipped with a generator, and Lutron lighting./ Furnished by Marc Michaels Interiors.



Hillsboro Mile, Hillsboro Beach, Florida./ One of the world's most prestigious addresses, the Hillsboro Mile offers a rare world apart in Hillsboro Beach, an exclusive oceanfront community known for its Old Florida beauty./ Hillsboro Beach's central location between Boca Raton and Fort Lauderdale places world-class shopping, dining, and entertainment within easy reach.

Ask listing agent about upgrades and improvements done by current owner.

Last Listed By

Jack Elkins

William Raveis Real Estate License #SL3109321 Listed on: 06/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $324,298

Year Built

  • Built in 2017

Lot Details

  • 102 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Fenced Front Yard
  • Sprinkler System
  • Property is zoned RD-1

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,769 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Fireplace
  • Wine Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Storage
  • Utility Room
  • Home Gym
  • Direct Ocean Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 9 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Dock has access to electricity and water
  • Dock made with wood
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 484317000060

Home Details

Home Type

Single Family

Est. Annual Taxes

$324,298

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 102
  • Subdivision Name: N/A
  • Directions: Take Hillsboro Blvd east to Hillsboro Mile, go south on Hillsboro Mile, property entrance on left (east) side of road. Call LA if more details needed.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 2017
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 324298.0
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 10769.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 102
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Pool:Heated - Electric: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Wood: Yes
  • General Property Description:Waterfront Ftg: 102.0
  • Waterfront:Ocean-Direct: Yes
  • Waterfront:ICW - Across Street: Yes
  • Dock:Water at Dock: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Elevator, Fireplace, Sound System, Smoke Detectors, Storage, Wet Bar, Wine Rm/Temp-Control, Wndw Trmnts Included, Pantry
  • Living Area: 10769.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Sound System: Yes
  • Interior Features:Wine RmTemp-Control: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1 to 3 Acres
  • Pool Features: Pool, Heated - Electric
  • Pool Private: Yes
  • Waterfront Features: ICW - Across Street, Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Front Wall, Ocean Access-Deeded, Built-in Grill, Sprinkler System
  • Roof: Other
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking Features: 4 Car, Attached, Air Conditioned, Door Opener
  • Garage: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 484317000060
  • Zoning: RD-1

Tax Info

  • Tax Annual Amount: 324298.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Sep 28, 2020
Sold by
Brown Edward and Brown Ashley
Bought by
Lambert James R and The 1115 Hillsboro Mile Trust
Seller's Agent
Jack Elkins
William Raveis Real Estate
Buyer's Agent
JACK ELKINS
THE CORCORAN GROUP
List Price
$15,548,000
Sold Price
$15,548,000
Total Days on Market
105
Current Estimated Value
$12,067,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,480,150
Avg. Annual Appreciation
-5.44%
Original Mortgage
$10,000,000
Outstanding Balance
$7,628,779
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,439,071

Purchase Details

Listed on
May 22, 2015
Closed on
Mar 17, 2017
Sold by
1115 Hillsboro Mile Llc
Bought by
Brown Edward and Brown Ashley
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Jack Elkins
William Raveis Real Estate
List Price
$17,250,000
Sold Price
$20,000,000
Premium/Discount to List
$2,750,000
15.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.77%
Original Mortgage
$12,390,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 22, 2015
Closed on
Mar 14, 2017
Sold by
115 Hillsboro Mile Llc
Bought by
Brown Edward and Brown Shley
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Jack Elkins
William Raveis Real Estate
List Price
$17,250,000
Sold Price
$20,000,000
Premium/Discount to List
$2,750,000
15.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,390,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 8, 2015
Sold by
Menaged Neal and Menaged Christine M
Bought by
1115 Hillsboro Mile Llc
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Carmen D'Angelo
Premier Estate Properties Inc.
List Price
$7,750,000
Sold Price
$6,010,000
Premium/Discount to List
-$1,740,000
-22.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.87%

Purchase Details

Closed on
Jun 19, 2003
Sold by
Stiger Ferry John
Bought by
Ferry John Stiger and The John Stiger Ferry Revocabl

Range of Values:

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Average Value
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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
Lambert James R $16,458,000 Attorney
Brown Edward $20,000,000 None Available
1115 Hillsboro Mile Llc $6,010,000 None Available
Ferry John Stiger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert James R $10,000,000
Previous Owner Brown Edward $12,390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $15,548,000 -20.3% $1,444 / Sq Ft
10/16/2020 10/16/20 Sold $19,500,000 +25.4% $1,552 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/16/2020 09/16/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $15,548,000 -32.4% $1,444 / Sq Ft
05/09/2020 05/09/20 For Sale $23,000,000 +15.0% $1,831 / Sq Ft
03/17/2017 03/17/17 Sold $20,000,000 +15.9% $1,857 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
05/22/2015 05/22/15 For Sale $17,250,000 +187.0% $1,602 / Sq Ft
05/08/2015 05/08/15 Sold $6,010,000 -22.5% $1,913 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $7,750,000 +76.1% $2,467 / Sq Ft
03/18/2014 03/18/14 Sold $4,400,000 -24.1% $1,401 / Sq Ft
02/16/2014 02/16/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $5,800,000 -- $1,847 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $352,392 $20,027,170 $4,183,340 $15,843,830
2024 $333,835 $20,027,170 $4,183,340 $15,843,830
2023 $333,835 $17,922,760 $0 $0
2022 $293,961 $16,293,420 $0 $0
2021 $283,632 $15,964,260 $4,183,340 $11,780,920
2020 $323,703 $18,280,780 $4,183,340 $14,097,440
2019 $324,298 $18,138,270 $4,183,340 $13,954,930
2018 $316,760 $18,000,000 $4,183,340 $13,816,660
2017 $75,499 $4,183,340 $0 $0
2016 $101,482 $5,488,020 $0 $0
2015 $79,738 $4,180,100 $0 $0
2014 -- $4,222,710 $0 $0
2013 -- $4,193,590 $3,145,550 $1,048,040
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: Palm Beach Board of REALTORS®

MLS Number: 20-971

APN: 48-43-17-00-0060