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$14,699,000

Beds
5
Baths
7.5
sq ft
8,892

2821 Spanish River Rd, Boca Raton, FL 33432

2821 Spanish River Rd

Boca Raton, FL 33432

  • 94 days on market
    • Price drop $251,000↓
Welcome to The Surrey Estate at 2821 Spanish River Road, where timeless sophistication harmoniously meets contemporary design. This magnificent waterfront mansion, situated within an elite enclave of luxury estates on the Intracoastal Waterway and between the Atlantic Ocean, captivates with its architectural innovation, exceptional craftsmanship, and artistic elegance.At 2821 Spanish River Road, the interplay of light, space, harmony, and balance creates an exceptional visual experience unparalleled in Boca Raton's luxury residential market. This impressive two-story residence spans nearly 9,000 square feet of refined living space within a total of over 12,000 square feet, all set within a secure, gated environment.

Details

Property type

Single Family Residence

Est. home value

$14,954,584

Lot size

0.34 acres

Price per sq ft

$1,654

Year built

2010

Annual property taxes

$189,240

Price History

12/10/2024
Beaches

Beaches #R11023191

Price change
$14,699,000
-1.68%
09/23/2024
Beaches

Beaches #R11023191

Listed
$14,950,000
08/03/2024
Beaches

Beaches #R10939106

Removed
$14,950,000

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

$5,369,915
Asking price
$14,699,000
Closing costs (~8% of asking)
-$1,175,920
Est. remaining loan balance
-$8,153,165
Cash to seller
$5,369,915

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

October 2021

Original loan amount

$10,000,000

Est. remaining balance

$8,153,165

Interest rate

2.19%

Loan type

New Conventional, 15 year

Seller

Lisa J Leder and Lisa J Leder Revocable Trust

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: 12/26/2024 at 8:25 AM

Listing updated: 12/10/2024 at 12:54 PM

Listed by: Senada Adzem, Douglas Elliman Phone #: (561) 245-2635

MLS: Beaches #R11023191

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