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$22,500,000

Beds
5
Baths
7.0
sq ft
8,019

215 W Coconut Palm Rd, Boca Raton, FL 33432

215 W Coconut Palm Rd

Boca Raton, FL 33432

  • 50 days on market
Nestled along 100 feet of the Butterfly Palm Waterway, this prestigious and custom SRD Building Corp. 5-bedroom residence is a masterpiece where every detail is meticulously curated for the discerning homeowner. Picture yourself setting sail from your backyard, exploring serene waters, or enjoying a sunset cruise. Your sanctuary extends beyond the private dock into a resort-grade backyard. The zero-edge pool and spa are the focal points of this outdoor haven, accompanied by an expansive covered terrace and enchanting fire bowls. Whether hosting intimate gatherings or grand celebrations, this versatile space seamlessly merges indoor and outdoor living with its fully retractable screen enclosure. Indoors, the sophisticated open floor plan unveils a stunning eat-in bright white

Details

Property type

Single Family Residence

Est. home value

$6,516,583

Lot size

0.34 acres

Price per sq ft

$2,806

Year built

2022

Annual property taxes

$144,241

Monthly HOA fee

$316

Price History

08/16/2024
Beaches

Beaches #R11013173

Listed
$22,500,000
+15.38%
06/14/2024
Beaches

Beaches #R10945700

Sold
$19,500,000
-17.02%
04/05/2024
Beaches

Beaches #R10945700

Pending
$23,500,000

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

Unity Bank

Loan start date

July 2021

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

2.59%

Loan type

Credit Line (Revolving), 30 year

Seller

Vincenzo Ferrara and Donna Ferrara

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: 10/05/2024 at 2:20 AM

Listing updated: 10/01/2024 at 4:06 PM

Listed by: David Roberts, Royal Palm Properties LLC Phone #: (561) 368-6200

MLS: Beaches #R11013173

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