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$19,000,000

Beds
6
Baths
7.0
sq ft
9,544

4217 S Ocean Blvd, Highland Beach, FL 33487

4217 S Ocean Blvd

Highland Beach, FL 33487

  • 73 days on market
Located in the small idealistic Palm Beach, FL coastal Town of Highland Beach.Walk just 15 feet out your back door to your own 11,000 square foot private beach and gorgeous red reef at this breathtaking Estate that boasts 6 bedrooms, 6 full bathrooms, 2 half baths, elevator, 3 kitchens (gourmet, second, and summer) for fabulous entertaining, a world class gym area, a 12- car drive through air-conditioned garage and car showroom, 2 separate ground floor suites with exterior ingress and egress, oceanside saltwater pool and spa with a swim up bar, cabana room with private outside saltwater spa, large poolside covered loggia, roof top terraces for private sunbathing, alfresco dining and unobstructed views of sunrises and sunsets,

Details

Property type

Single Family Residence

Est. home value

$13,284,397

Lot size

0.56 acres

Price per sq ft

$1,991

Year built

1993

Annual property taxes

$73,697

Price History

09/11/2024
Beaches

Beaches #R11020051

Listed
$19,000,000
-2.56%
04/27/2024
Beaches

Beaches #R10909039

Removed
$19,500,000
12/27/2023
Beaches

Beaches #R10909039

Price change
$19,500,000
-9.3%

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

Wachovia Bank Na

Loan start date

July 2003

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

Credit Line (Revolving), 40 year

Seller

Robert C Patek and Judith R Patek

Lender

Bankatlantic

Loan start date

May 1998

Original loan amount

$1,300,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

New Conventional

Seller

Robert C Patek

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: 11/22/2024 at 7:05 PM

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

Listed by: Stephen Gerken, Highland Beach Realty Inc. Phone #: (561) 394-6000

MLS: Beaches #R11020051

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