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$12,995,000

Beds
5
Baths
8.5
sq ft
7,043

7212 NE 8th Dr, Boca Raton, FL 33487

7212 NE 8th Dr

Boca Raton, FL 33487

  • 120 days on market
    • Price drop $1,000,000↓
    • Open house Oct 13
Step into the lap of luxury at this magnificent 7000+ square foot oasis nestled within the exclusive enclave of Boca Harbour Island. Set on a rare double cul-de-sac, this direct intracoastal residence boasts unparalleled waterfront vistas spanning over 600 feet, overlooking a pristine wildlife sanctuary destined to remain untouched. Indulge in the opulence of 5 lavish bedrooms, 8.5 sumptuous bathrooms, and an array of amenities including a private gym, a sophisticated office space, and a state-of-the-art theater complete with elevated recliner chairs reminiscent of the iconic IPIC experience. Impeccably renovated to perfection, no expense has been spared in enhancing every facet of this remarkable estate. Revel in recent upgrades such as a newly constructed concrete and marble dock

Details

Property type

Single Family Residence

Est. home value

$8,433,363

Property condition

New Construction

Lot size

9,350 sq ft

Price per sq ft

$1,846

Year built

2019

Annual property taxes

$61,811

Price History

07/30/2024
Beaches

Beaches #R10994170

Price change
$12,995,000
-7.15%
06/07/2024
Beaches

Beaches #R10994170

Listed
$13,995,000
+218.07%
08/31/2020
Beaches

Beaches #R10482871

Sold
$4,400,000

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

Group One Mortgage Inc

Loan start date

August 2020

Original loan amount

$4,900,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Carl F Schoeppl

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 2:15 AM

Listing updated: 10/01/2024 at 7:06 PM

Listed by: Steve Presson, The Corcoran Group Phone #: (561) 655-9081

MLS: Beaches #R10994170

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