tomo logo

$34,995,000

Beds
7
Baths
8.5
sq ft
9,161

1275 Lands End Rd, Lantana, FL 33462

1275 Lands End Rd

Manalapan, FL 33462

  • 71 days on market
Truly Exceptional Waterfront Opportunity & Estate Home In the Ultra-Luxury & Secluded town of Manalapan. This is an unparalleled opportunity to own one of the largest Intracoastal waterfront properties available from South Palm Beach to Boca Raton. Situated on over an acre of prime land on 3 lots, this expansive 12,000 sq. ft. estate offers an incredible 283' of direct water frontage. With its magnificent scale and prestigious location, this home provides the ultimate in luxury living. Whether you're entertaining guests or enjoying quiet moments by the water, the property offers unmatched privacy, breathtaking views, and endless potential for customization. Don't miss your chance to own a rare piece of waterfront paradise in one of South Florida's most exclusive towns.

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$3,820

Year built

1992

Annual property taxes

$54,010

Price History

11/25/2024
Beaches

Beaches #R11040094

Listed
$34,995,000
-7.91%
08/26/2024
Beaches

Beaches #R10958963

Removed
$38,000,000
02/12/2024
Beaches

Beaches #R10958963

Listed
$38,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$31,286,560
Asking price
$34,995,000
Closing costs (~8% of asking)
-$2,799,600
Est. remaining loan balance
-$908,840
Cash to seller
$31,286,560

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

Seller’s Loan History

Lender

Mortgage Bank Of California

Loan start date

January 2021

Original loan amount

$1,000,000

Est. remaining balance

$908,840

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Howard A Parker and Melissa Hilson Parker

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: 02/04/2025 at 4:10 PM

Listing updated: 01/29/2025 at 11:46 AM

Listed by: Steve Presson, The Corcoran Group Phone #: (561) 655-9081

MLS: Beaches #R11040094

Beaches logo

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