tomo logo

$15,495,000

Beds
5
Baths
6.5
sq ft
7,160

1423 Lands End Rd, Lantana, FL 33462

1423 Lands End Rd

Lantana, FL 33462

  • 221 days on market
Situated on the prestigious Hypoluxo Island, this stunning new construction custom home is a true masterpiece. Boasting 7,160 square feet of under air living space and over 10,000 square feet total, this coastal contemporary style residence offers unparalleled luxury and breathtaking sunset views.A true boaters dream featuring over 105 feet of direct, wide water intracoastal frontage with a private dock and new 25,000-pound Hurricane boat lift, this property offers seamless deep-water and ocean access with no fixed bridges. The outdoor living space is complete with a striking infinity and knife-edge pool and spa overlooking the water, summer kitchen, full-cabana bath, and plenty of space for alfresco dining and entertaining.

Details

Property type

Single Family Residence

Est. home value

$5,127,125

Property condition

New Construction

Lot size

0.37 acres

Price per sq ft

$2,165

Year built

2024

Annual property taxes

$45,376

Price History

09/11/2024
Beaches

Beaches #R10973156

Price change
$15,495,000
+3.33%
05/15/2024
Beaches

Beaches #R10973156

Price change
$14,995,000
-11.01%
03/29/2024
Beaches

Beaches #R10973156

Listed
$16,850,000
+301.19%

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

$11,319,283
Asking price
$15,495,000
Closing costs (~8% of asking)
-$1,239,600
Est. remaining loan balance
-$2,936,117
Cash to seller
$11,319,283

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

Seller’s Loan History

Lender

Cornerstone First Mortgage Inc

Loan start date

October 2021

Original loan amount

$3,150,000

Est. remaining balance

$2,936,117

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Thomas Borzilleri and Mindee Borzilleri

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: 11/05/2024 at 10:30 AM

Listing updated: 09/30/2024 at 4:42 PM

Listed by: Nick Younker, William Raveis South Florida Phone #: (561) 655-6570

MLS: Beaches #R10973156

Beaches logo

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