NOT LISTED FOR SALE

1840 S Ocean Blvd Lantana, FL 33462

South Palm Beach Neighborhood

Estimated Value: $4,148,000 - $24,079,878

8 Beds
10.5 Baths
12,378 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $23,500,000 $1,899 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $107,071/month

33 Days on Market

Highlights

  • Ocean Front
  • 81,021 Sq Ft lot
  • Marble Flooring
  • Heated Pool
  • Recreation Room
  • High Ceiling

About This Home

As of November 2024

Recently updated, this stunning Ocean-to-Intracoastal Manalapan compound with beach house is situated on almost two acres with 150 feet of direct ocean and Intracoastal Waterway frontage. Boasting over 19,600 total square feet, the residence offers scenic ocean and Intracoastal views throughout and eight total bedrooms including a luxurious primary wing. Many upgrades include new flooring; all new bathrooms; new impact sliders; and new cooler unit in wine room. Multi-level terraces and balconies provide ample room for outdoor living and dining. The manicured grounds include resort-style pool with spa; new landscape; and sprawling lawn that overlooks 150 feet of Intracoastal waterfrontage. Boaters will appreciate the large dock and new seawall plus easy ocean access via nearby inlets.

Last Listed By

Gary Pohrer

Douglas Elliman License #3068785 Listed on: 10/03/2024

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $293,461

Year Built

  • Built in 1990

Lot Details

  • 1.86 Acre Lot
  • Ocean Front
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System
  • Property is zoned R1-B - R

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Intracoastal
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 12,378 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Seawall
  • Balcony
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Septic Tank

Community Details

  • Commissioners Map Gedney Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42434510010000083

Home Details

Home Type

Single Family

Est. Annual Taxes

$293,461

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1990
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Flooring: Marble, Other, Tile, Wood
  • Living Area: 12378.0
  • Dining Room Type: Den, Family Room, Laundry, Recreation, Storage Room
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Intercoastal, Ocean, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas 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 #: 42434510010000083
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 81021.0
  • Zoning Description: R1-B - R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 293461.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Nov 26, 2024
Sold by
1840 South Ocean Llc
Bought by
1840 South Ocean Boulevard Trust and Lako
Seller's Agent
Gary Pohrer
Douglas Elliman
Buyer's Agent
Vince Spadea Jr.
Douglas Elliman
List Price
$25,950,000
Sold Price
$23,500,000
Premium/Discount to List
-$2,450,000
-9.44%
Total Days on Market
33
Views
449
Current Estimated Value
$14,113,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,386,061
Avg. Annual Appreciation
-71.16%

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 26, 2021
Sold by
Steinberg Robert and Steinberg Suzanne
Bought by
1840 South Ocean Llc
Seller's Agent
SHELLY NEWMAN
The Corcoran Group
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$18,000,000
Sold Price
$18,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$9,000,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 3, 2021
Sold by
Steinberg Robert and Steinberg Suzanne
Bought by
Steinberg Robert
Seller's Agent
SHELLY NEWMAN
The Corcoran Group
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$18,000,000
Sold Price
$18,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2009
Sold by
Kelley Douglas A and Petters Thomas J
Bought by
Steinberg Robert

Purchase Details

Closed on
Dec 17, 2004
Sold by
Devos Richard M and Devos Helen J
Bought by
Petters Thomas J

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
1840 South Ocean Boulevard Trust $23,500,000 None Listed On Document
1840 South Ocean Llc $18,000,000 Attorney
Steinberg Robert -- Attorney
Steinberg Robert $8,975,000 None Available
Petters Thomas J $8,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1840 South Ocean Llc $9,000,000
Previous Owner Petters Thomas J $3,000,000
Previous Owner Devos Richard M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $23,500,000 -9.4% $1,899 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $25,950,000 +44.2% $2,096 / Sq Ft
11/30/2021 11/30/21 Sold $18,000,000 0.0% $1,506 / Sq Ft
11/30/2021 11/30/21 Sold $18,000,000 0.0% $1,445 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/31/2021 10/31/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $18,000,000 -7.7% $1,506 / Sq Ft
05/17/2021 05/17/21 For Sale $19,500,000 -- $1,566 / 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 $339,539 $20,146,500 -- --
2023 $293,461 $18,315,000 $0 $0
2022 $324,562 $20,516,170 $0 $0
2021 $137,961 $8,380,310 $0 $0
2020 $137,436 $8,264,606 $0 $0
2019 $135,828 $8,078,794 $0 $0
2018 $128,062 $7,928,159 $0 $0
2017 $125,869 $7,765,092 $0 $0
2016 $126,877 $7,605,379 $0 $0
2015 $132,329 $7,552,511 $0 $0
2014 $132,799 $7,492,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gary Pohrer

    Douglas Elliman

    (561) 262-0856

    6 in this area

    116 Total Sales

    Gary Pohrer
    Section Image

  • N

    Seller Co-Listing Agent in 2024

    NICHOLAS MALINOSKY

    Douglas Elliman

    (561) 306-4597

    11 in this area

    138 Total Sales

    NICHOLAS MALINOSKY
    Section Image

  • V

    Buyer's Agent in 2024

    Vince Spadea Jr.

    Douglas Elliman

    (561) 655-8600

    3 in this area

    22 Total Sales

    Vince Spadea Jr.
    Section Image

  • S

    Seller's Agent in 2021

    SHELLY NEWMAN

    The Corcoran Group

    (612) 860-4599

    4 in this area

    19 Total Sales

    SHELLY NEWMAN
    Section Image

  • M

    Seller's Agent in 2021

    Michelle Newman

    The Corcoran Group

    (561) 366-1121

    5 in this area

    19 Total Sales

    Michelle Newman
    Section Image

  • L

    Buyer's Agent in 2021

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    12 in this area

    123 Total Sales

    Lawrence A Moens
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11025976

BeachesMLS

APN: 42-43-45-10-01-000-0083

Florida Palm Beach County Lantana 33462 South Palm Beach

1840 S Ocean Blvd, Lantana, FL

Homes for Sale in Lantana, FL

This home is located at 1840 S Ocean Blvd, Lantana, FL 33462 since 03 October 2024 and is currently estimated at $14,113,939, approximately $1,140 per square foot. This property was built in 1990. 1840 S Ocean Blvd is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Boynton Beach Community 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.