tomo logo

$4,995,000

Beds
4
Baths
5.0
sq ft
4,469

1191 Banyan Rd, Boca Raton, FL 33432

1191 Banyan Rd

Boca Raton, FL 33432

  • 135 days on market
    • Price drop $505,000↓
Experience luxury living within the esteemed enclave of The Estates of Spanish River Land. This stunning 2002 single-level concrete block home stands as a masterpiece, boasting an expansive layout of nearly 6,400 square feet under roof and almost 4,500 square feet under air. Positioned on an oversized corner lot measuring 100' x 160', the property encompasses a total of 16,000 square feet, offering ample space for privacy and relaxation. Designed by Carlos Martin, this Southern European-inspired home features soft vanilla stucco, a barrel-tiled roof, and an oversized pool-side loggia. Inside, natural stone flooring, 15-foot high detailed ceilings, and expansive open areas ensure a seamless flow between indoor and outdoor living spaces, catering to the lifestyle of the well-traveled buyer.

Details

Property type

Single Family Residence

Est. home value

$4,956,853

Lot size

0.37 acres

Price per sq ft

$1,118

Year built

2002

Annual property taxes

$54,545

HOA

Yes

Price History

11/07/2024
Beaches

Beaches #R11003125

Price change
$4,995,000
-9.18%
07/10/2024
Beaches

Beaches #R11003125

Listed
$5,500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Meridian Mortgage Corporation Ltd

Loan start date

December 2013

Original loan amount

$1,050,000

Est. remaining balance

Not provided

Interest rate

4.1%

Loan type

Balloon, 1 year

Seller

Sarah Sullivan and Sean Sullivan

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?

Similar Homes Nearby

Price drop
Beaches
$4,595,000
4 bd
|
4.5 ba
|
4,017 sq ft
|
House

775 Park Dr W, Boca Raton, FL 33432

Beaches
$4,495,000
4 bd
|
5 ba
|
4,202 sq ft
|
Condo

2600 S Ocean Blvd Unit BLVD, Boca Raton, FL 33432

Beaches
$5,538,000
4 bd
|
4.5 ba
|
3,477 sq ft
|
Condo

220 SE Mizner Blvd Unit Ph10, Boca Raton, FL 33432

Status: Active

Tomo last checked: 11/22/2024 at 3:40 PM

Listing updated: 11/16/2024 at 11:35 AM

Listed by: Megann Lucaj PA, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R11003125

Beaches logo

Recently listed in Boca Raton