tomo logo

$29,950,000

Beds
6
Baths
6.5
sq ft
6,341

485 S Beach Rd, Hobe Sound, FL 33455

485 S Beach Rd

Jupiter Island, FL 33455

  • 12 days on market
This private beachfront estate is on just shy of 3 acres with 212 feet of panoramic beachfront. Perched on a wide protected dune with complete privacy is this masterpiece designed by famed architect, John Volk. This quintessential Jupiter Island property offers a total of 6 bedrooms, 6.5 bathrooms, heated courtyard pool, and a 4 car garage. The main house exudes elegance, featuring two primary bedrooms, both with breathtaking ocean views, and guest accommodations. One primary suite is upstairs and the other is on the ground floor. The main home also features an office, great room, family room/den, and endless ocean or courtyard pool views. The guest house features 2 bedrooms each with en-suite baths and a kitchenette. This guest house is across from the pool and perfect for hosting

Details

Property type

Single Family Residence

Est. home value

$18,245,871

Lot size

2.54 acres

Price per sq ft

$4,724

Year built

1960

Annual property taxes

$267,405

Price History

11/11/2024
Beaches

Beaches #R11036030

Listed
$29,950,000
+81.52%
02/18/2022
Beaches

Beaches #R10761158

Sold
$16,500,000

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

$21,434,548
Asking price
$29,950,000
Closing costs (~8% of asking)
-$2,396,000
Est. remaining loan balance
-$6,119,452
Cash to seller
$21,434,548

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

Seller’s Loan History

Lender

Coastal States Bank

Loan start date

February 2022

Original loan amount

$8,183,500

Est. remaining balance

$6,119,452

Interest rate

2.33%

Loan type

New Conventional, 10 year

Seller

Maoin Xxix Fl Llc

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: 11/23/2024 at 10:55 AM

Listing updated: 11/12/2024 at 8:45 PM

Listed by: Stephanie Schwed, Nest Seekers Florida, LLC Phone #: (561) 725-9229

MLS: Beaches #R11036030

Beaches logo

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