NOT LISTED FOR SALE

Estimated Value: $6,457,000 - $7,149,000

5 Beds
5 Baths
4,583 Sq Ft
$1,456/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $6,600,000 $1,440 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $39,542/month

304 Days on Market

Highlights

  • 100 Feet of Waterfront
  • New Construction
  • Canal View
  • Property has ocean access
  • Saltwater Pool
  • Wood Flooring

About This Home

As of October 2024

Fabulous custom home on deep water canal, ready for occupancy! This 2 story 5BR 5BA, 3 car garage home boasts 100' dock to accommodate a large fishing or yachting vessel. Deep water, no fixed bridge and 15min to the Palm Beach Inlet, makes this home perfect for a boating enthusiast. The first floor in an open plan featuring chef's kitchen, Wolf appliances , large wine display refrigerator, oversized island, large wet bar with beverage center and walk-in pantry. The kitchen, dining room open to a covered patio, summer kitchen, outdoor living area, fireplace, pool and Spa. The 1st floor owners suite provides large closets and a luxury spa bath. The 2nd floor can be accessed by elevator and includes 4 BR and Club/game room. Bring the Big Boat!

Last Listed By

Sarah Bonin

Seawind Realty LLC License #3208932 Listed on: 12/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,933

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,978 Sq Ft Lot
  • 100 Feet of Waterfront
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 4,583 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • High Ceiling
  • Family Room
  • Canal Views
  • Impact Glass
  • Dryer

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Pool

  • Saltwater Pool
  • Gunite Spa

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • Pirates Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434205060000230
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,933

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA Blvd East to Kidd Lane or Prosperity Farms Rd. to Canal Rd, left on Teach
  • Year Built: 2024
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Elevator, High Ceilings, Pantry, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Gunite
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Living Area: 4583.0
  • Dining Room Type: Family Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: New Construction
  • FrontageLengthRemarks: 100

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity 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 #: 00434205060000230
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9978.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 28933.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2023
Closed on
Oct 16, 2024
Sold by
Peaco Customs Llc
Bought by
Gambale Patrick
Seller's Agent
Sarah Bonin
Seawind Realty LLC
Buyer's Agent
Tracy Ward
Douglas Elliman (Jupiter)
List Price
$6,995,000
Sold Price
$6,600,000
Premium/Discount to List
-$395,000
-5.65%
Total Days on Market
304
Views
49
Current Estimated Value
$6,671,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,427
Avg. Annual Appreciation
2.44%
Original Mortgage
$4,500,000
Outstanding Balance
$4,486,824
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$2,196,498

Purchase Details

Listed on
Feb 17, 2023
Closed on
Apr 19, 2023
Sold by
2 Bros Investment
Bought by
Peaco Customs Llc
Seller's Agent
Elizabeth Folmar
Waterfront Properties & Club C
Buyer's Agent
Sarah Bonin
Seawind Realty LLC
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.56%

Purchase Details

Listed on
Oct 20, 2021
Closed on
Jan 3, 2022
Sold by
Xavier and Rosemary
Bought by
Hayes Robert K
Seller's Agent
Presdon Luczek
One Sotheby's International Realty
List Price
$2,000,000
Sold Price
$1,625,000
Premium/Discount to List
-$375,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.99%

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 22, 2018
Sold by
Munn Harry E and Munn Jr Revocable Livi Harry E
Bought by
Xavier Ravi and Xavier Rosemary
Seller's Agent
Mindy Heilman
Compass Florida LLC
Buyer's Agent
Bunny Ferris
Keller Williams Realty Of The Treasure Coast
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.66%
Original Mortgage
$450,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Munn Harry and Munn Harry E
Bought by
Munn Harry E and Munn Scott E

Purchase Details

Closed on
Apr 10, 2000
Sold by
Gregorio Philip and Degregorio Catherine De
Bought by
Munn Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.34%
Mortgage Type
New Conventional

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
Gambale Patrick $6,600,000 None Listed On Document
Peaco Customs Llc $2,100,000 Landmark Title
Peaco Customs Llc $2,100,000 Landmark Title
Hayes Robert K $1,625,000 Sarrell Jordana
Xavier Ravi $850,000 Patch Reef Title Company Inc
Munn Harry E -- --
Munn Harry $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gambale Patrick $4,500,000
Previous Owner Xavier Ravi $450,000
Previous Owner Munn Harry $50,000
Previous Owner Munn Harry $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $6,600,000 -2.9% $1,440 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/09/2024 09/09/24 Price Changed $6,800,000 -2.8% $1,484 / Sq Ft
12/03/2023 12/03/23 For Sale $6,995,000 +233.1% $1,526 / Sq Ft
04/19/2023 04/19/23 Sold $2,100,000 0.0% $949 / Sq Ft
04/19/2023 04/19/23 Sold $2,100,000 -4.5% $949 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/17/2023 04/17/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $2,200,000 0.0% $994 / Sq Ft
02/17/2023 02/17/23 For Sale $2,200,000 -4.3% $994 / Sq Ft
02/06/2023 02/06/23 Price Changed $2,300,000 -4.2% $1,039 / Sq Ft
01/26/2023 01/26/23 Price Changed $2,400,000 -4.0% $1,084 / Sq Ft
08/17/2022 08/17/22 For Sale $2,500,000 +30.9% $1,129 / Sq Ft
05/16/2022 05/16/22 Sold $1,910,000 -6.8% $863 / Sq Ft
02/23/2022 02/23/22 For Sale -- -- --
02/23/2022 02/23/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $2,050,000 +26.2% $926 / Sq Ft
01/03/2022 01/03/22 Sold $1,625,000 +29445.5% $734 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
10/27/2021 10/27/21 Rented $5,500 0.0% --
10/20/2021 10/20/21 For Sale $2,000,000 0.0% $903 / Sq Ft
09/27/2021 09/27/21 Under Contract -- -- --
07/26/2021 07/26/21 For Rent $5,000 0.0% --
05/25/2018 05/25/18 Sold $850,000 -5.6% $384 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $900,000 -- $407 / 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 $27,670 $1,700,000 -- --
2023 $28,933 $1,733,524 $1,600,000 $133,524
2022 $15,975 $764,936 $0 $0
2021 $12,508 $695,396 $594,000 $101,396
2020 $12,502 $689,041 $594,000 $95,041
2019 $12,670 $690,013 $594,000 $96,013
2018 $6,348 $386,949 $0 $0
2017 $6,269 $378,990 $0 $0
2016 $4,827 $371,195 $0 $0
2015 $6,450 $368,615 $0 $0
2014 $6,466 $365,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R10940352

BeachesMLS

APN: 00-43-42-05-06-000-0230