NOT LISTED FOR SALE

1540 Paslay Place Lantana, FL 33462

South Palm Beach Neighborhood

Estimated Value: $5,685,000 - $13,714,954

5 Beds
6.5 Baths
8,310 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $13,000,000 $1,564 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $57,029/month

238 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Den
  • Saltwater Pool
  • Great Room
  • Breakfast Area or Nook

About This Home

As of April 2024

Introducing 1540 Paslay Place, a stunning, like-new estate located in one of the most sought-after locations in south Florida; Manalapan, FL. Located at the end of a private cul-de-sac, this elegant, contemporary masterpiece was built and designed by Cudmore Builders and Randall Stofft Architects. Boasting over 180' of waterfrontage and over 10,000 total square feet, this 5-bedroom home offers a spacious, open floor plan that seamlessly integrates indoor/outdoor living, soaring ceilings and breathtaking views. Highlights include outdoor lounging and dining areas, expansive saltwater pool and spa, Miele and Thermador appliances, club room, library, office, media room, elevator, summer kitchen and 4-car garage. Do not miss the opportunity to own one of the most amazing homes in S. Florida.

Last Listed By

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 07/05/2023

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,121

Year Built

  • Built in 2015

Lot Details

  • 0.75 Acre Lot
  • Property fronts an intracoastal waterway
  • Property is zoned R-3A(c

Parking

  • 4 Car Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 8,310 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar
  • Decorative Fireplace
  • Great Room
  • Den
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Saltwater Pool
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Point Manalapan 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42434510200000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,121

Year Built

Built in 2015

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: E Ocean Ave to S Atlantic Dr. Head south and turn right onto Lands End Rd, left onto Little Pond Rd and turn right onto Paslay Place. Property will be on your left.
  • Year Built: 2015
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dual Sinks, Elevator, Fireplace, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Flooring: Ceramic Tile, Marble, Tile, Wood
  • Living Area: 8310.0
  • Dining Room Type: Den, Great Room
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Grill
  • View: Intercoastal
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 42434510200000010
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 32724.0
  • Zoning Description: R-3A(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 80121.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Retzer Michael L and Retzer Resources Inc
Bought by
Retzer Michael L and Retzer Diana H
Total Days on Market
238
Current Estimated Value
$8,991,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,050,329
Outstanding Balance
$2,063,000
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$6,928,489

Purchase Details

Listed on
Jul 5, 2023
Closed on
Apr 2, 2024
Sold by
Chaplik Alexander and Obrien Mary Kate
Bought by
Retzer Resources Inc and Retzer
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
Elizabeth DeWoody
Compass Florida LLC (PB)
List Price
$14,995,000
Sold Price
$13,000,000
Premium/Discount to List
-$1,995,000
-13.3%
Views
220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.85%
Original Mortgage
$11,000,000
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 2010
Sold by
Steiger Heidi L
Bought by
Chaplik Alexander and Obrien Mary Kate

Purchase Details

Closed on
Sep 30, 2005
Sold by
Young Realty Co Lp
Bought by
Steiger Heidi L

Range of Values:

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Average Value
Not Available
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
Retzer Michael L $3,000,000 None Listed On Document
Retzer Resources Inc $13,000,000 Gold Coast
Chaplik Alexander $1,640,000 Attorney
Steiger Heidi L $3,000,000 Landcastle Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Retzer Michael L $6,050,329
Previous Owner Retzer Resources Inc $11,000,000
Previous Owner Chaplik Alexander $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $13,000,000 -13.3% $1,564 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
07/05/2023 07/05/23 For Sale $14,995,000 -- $1,804 / Sq Ft
Source: BeachesMLS

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
2024 $82,125 $5,408,858 -- --
2023 $80,458 $5,251,318 $0 $0
2022 $80,121 $5,098,367 $0 $0
2021 $81,188 $4,949,871 $2,265,015 $2,684,856
2020 $95,394 $5,752,553 $2,575,000 $3,177,553
2019 $94,396 $5,630,556 $0 $0
2018 $88,989 $5,525,570 $0 $0
2017 $87,128 $5,391,345 $0 $0
2016 $88,161 $5,300,607 $0 $0
2015 $40,761 $2,275,985 $0 $0
2014 $36,769 $2,069,077 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    NICHOLAS MALINOSKY

    Douglas Elliman

    (561) 306-4597

    11 in this area

    138 Total Sales

    NICHOLAS MALINOSKY
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Michael O'Connor

    Douglas Elliman

    (561) 278-5570

    5 in this area

    99 Total Sales

    Michael O'Connor
    Section Image

  • E

    Buyer's Agent in 2024

    Elizabeth DeWoody

    Compass Florida LLC (PB)

    (561) 308-0931

    2 in this area

    116 Total Sales

    Elizabeth DeWoody
    Section Image
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Map

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Source: BeachesMLS

MLS Number: R10901968

BeachesMLS

APN: 42-43-45-10-20-000-0010

Florida Palm Beach County Lantana 33462 South Palm Beach

1540 Paslay Place, Lantana, FL

Homes for Sale in Lantana, FL

This home is located at 1540 Paslay Place, Lantana, FL 33462 since 05 July 2023 and is currently estimated at $8,991,489, approximately $1,082 per square foot. This property was built in 2015. 1540 Paslay Place is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.