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$33,950,000

Beds
6
Baths
10.0
sq ft
13,930

2363 S Ocean Blvd, Highland Beach, FL 33487

2363 S Ocean Blvd

Highland Beach, FL 33487

  • 23 days on market
Introducing a one-of-a-kind oceanfront masterpiece in the prestigious Town of Highland Beach. Situated on 100 feet of direct ocean frontage with over 400 feet of depth, and almost 600 feet from the road to the water, this spectacular estate offers unparalleled luxury and privacy. Impeccable custom designer finishes elevate every aspect of this immaculate property. The residence boasts a stunning oceanfront pool complemented by a unique indoor pool and spa for year-round enjoyment. The expansive layout includes designer gourmet kitchen; two substantial offices that cater to modern work-from-home needs; state-of-the-art theater; game room; and primary suite with breathtaking views creating a sanctuary-like atmosphere and an oasis for relaxation. Other features include custom wine cellar,

Details

Property type

Single Family Residence

Est. home value

$28,156,217

Lot size

0.96 acres

Price per sq ft

$2,438

Year built

2005

Annual property taxes

$211,753

Price History

10/21/2024
Beaches

Beaches #R11030290

Listed
$33,950,000
+208.64%
06/06/2014
Beaches

Beaches #R10037557

Sold
$11,000,000

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

$23,828,230
Asking price
$33,950,000
Closing costs (~8% of asking)
-$2,716,000
Est. remaining loan balance
-$7,405,770
Cash to seller
$23,828,230

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

March 2020

Original loan amount

$10,000,000

Est. remaining balance

$7,405,770

Interest rate

3%

Loan type

New Conventional, 15 year

Seller

Kyra J Ferenc and Sidney R Ferenc

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: 11/13/2024 at 1:30 AM

Listing updated: 11/12/2024 at 5:15 AM

Listed by: Nicholas Mal Malinosky, Douglas Elliman Phone #: (561) 278-5570

MLS: Beaches #R11030290

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