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$8,975,000

Beds
6
Baths
7.5
sq ft
9,351

10540 El Paraiso Pl, Delray Beach, FL 33446

10540 El Paraiso Pl

Delray Beach, FL 33446

  • 117 days on market
    • Price drop $275,000↓
This true estate on 5.66 acres features dramatic lakefront views within the private gated community of only 78 homes. As a transitionally modern designed residence, it features a two story main entry, foyer and main living room, with soaring floor to ceiling glass windows. A billiard area, family/ media area, dual island full kitchen, bar area, a primary suite with dual bathrooms and secondary bedroom suite complete the first floor level interior. A 45 foot covered patio with winter kitchen, an open heated pool with spa complete the exterior. The secondary level consists of four full bedroom suites, three of which open to spacious open and covered patios, and a media/ club room. A grand circular driveway, four car garage and lush landscaping offer total privacy. See MORE ...

Details

Property type

Single Family Residence

Est. home value

$5,154,938

Lot size

5.67 acres

Price per sq ft

$960

Year built

2019

Annual property taxes

$25,438

Monthly HOA fee

$700

Price History

12/03/2024
Beaches

Beaches #R11016455

Price change
$8,975,000
-2.97%
08/29/2024
Beaches

Beaches #R11016455

Listed
$9,250,000
+406.85%
11/22/2019
Beaches

Beaches #R10285871

Sold
$1,825,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$7,028,650
Asking price
$8,975,000
Closing costs (~8% of asking)
-$718,000
Est. remaining loan balance
-$1,228,350
Cash to seller
$7,028,650

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

November 2019

Original loan amount

$1,368,750

Est. remaining balance

$1,228,350

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Bruce D Ghiloni and Mitzi L Ghiloni

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/24/2024 at 8:05 AM

Listing updated: 12/18/2024 at 1:30 PM

Listed by: John Poletto, One Sotheby's International Realty Phone #: (561) 997-7227

MLS: Beaches #R11016455

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