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$38,000,000

Beds
7
Baths
8.5
sq ft
9,161

1275 Lands End Rd, Lantana, FL 33462

1275 Lands End Rd

Manalapan, FL 33462

  • 145 days on market
Grand Waterfront Estate with nearly 300 feet on the wide intracoastal and a short drive south of palm beach, this absolutely stunning gated estate boasts 12.828 sq ft with 7 bed rooms and 8.5 baths. This home features 12 ft ceilings thought out, a large upstairs master suit serviced by private elevator, formal living room and dinning rooms, den, media, study and sensational family room that opens to a large covered Loggia with summer kitchen, impact resistant French style doors and oversized windows create a bright and airy interior. Oversized pool and spa are finished in glass mosaic tile, the doc can accommodate a 140 ft yacht. This home is in move in condition with large laundry room with 2 commercial size washer and dryers plus a huge 4 car garage are but a few of the other highlights

Details

Property type

Single Family Residence

Lot size

0.96 acres

Price per sq ft

$4,149

Year built

1992

Annual property taxes

$52,908

Price History

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

$34,039,216
Asking price
$38,000,000
Closing costs (~8% of asking)
-$3,040,000
Est. remaining loan balance
-$920,784
Cash to seller
$34,039,216

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

$920,784

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: 07/06/2024 at 4:40 AM

Listing updated: 02/12/2024 at 5:06 PM

Listed by: Howard Parker, Howard A. Parker Realty, LLC Phone #: (561) 585-1315

MLS: Beaches #R10958963

Beaches logo

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