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701 S Atlantic Drive, Lantana, FL 33462

$11,995,000
Property Type: Residential Bedrooms: 6 Baths: 6.1 Square Footage: 6,028 Status: Closed
Current Price: $11,995,000 Last Modified: 5/15/2023

Description

Built in 2022 and never lived in by its first owners, this designer appointed, furnished, direct-Intracoastal modern estate lives like brand-new construction. Offering an impressive sense of arrival, the front entry gates open to the brick-paved motor court set amidst lush tropical landscaping, and in the backyard, nothing is left wanting in this entertainers delight. Here, two loggias and a fully-equipped summer kitchen are adjacent to the sun-dappled, oversized salt-water infinity-edge pool dramatically inset with a spa, sun shelf, bar and sunken fire pit. An arbor enhanced by a cascading waterfall provides another striking focal point, and attractive to water-sports enthusiasts with 75+/- feet on the intracoastal Waterway and direct ocean access with no fixed bridges.

Supplements: South Atlantic Drive, Lantana, Florida. Hypoluxo Island preserves Old Florida tranquility on a scenic barrier island surrounded by the Intracoastal Waterway in the heart of South Florida's Gold Coast, midway between Palm Beach and Boca Raton. Just across the bridge is the sugar-sand ocean beachfront of Manalapan, home to the Five-Diamond Eau Palm Beach Resort & Spa. PROPERTY: Offering an impressive sense of arrival, the front entry gates open to the brick-paved motor court set amidst lush tropical landscaping, and in the backyard, nothing is left wanting in this entertainers delight. Here, two loggias and a fully-equipped summer kitchen are adjacent to the sun-dappled, oversized salt-water infinity-edge pool dramatically inset with a spa, sun shelf, bar and sunken fire pit. An arbor enhanced by a cascading waterfall provides another striking focal point, and attractive to water-sports enthusiasts with 75 feet on the intracoastal Waterway and direct ocean access with no fixed bridges, the full-service dock is equipped with boat and wave-runner lifts. RESIDENCE: Unparalleled luxury, elegance and drama hallmark this exciting furnished six-bedroom, 8,086 +/- total-square-foot modern estate, where features include posh wood-look tile flooring, designer ceilings, a collection of handsome moldings, custom built-ins and plush upholstered accent walls. Introducing this opulent estate, double glass doors open to the foyer, stair hall and gallery, flowing past the mood-setting living room, featuring a suede-covered accent wall and a custom built-in media center finished in stone and wood, and culminating at the open-concept dining room and kitchen. A focal point in the dining room is a large wet bar and glass-fronted wine fridge, and for seamless indoor/outdoor entertaining, a wall of pocket sliding doors open to the loggia and summer kitchen overlooking the pool with a wide view of the Intracoastal as a backdrop. Sure to gratify the chef, the cook-island gourmet kitchen is fitted with custom cabinetry, professional-grade Thermador stainless appliances, backlit Cristallo countertops, and a walk-in pantry. All bedroom suites are incredibly luxurious, but the two primary bedroom suites located on the first and second floor, are truly oases of serenity, with one accessing a poolside loggia, and the other opening to a large balcony. Highlights include custom built-ins, lavishly upholstered accent walls, a morning bar, huge custom-fitted walk-in closets and quartz-finished, spa-inspired bathrooms, each fitted with dual vanities, a soaking tub, and walk-through multi-head showers. Of the guest-bedroom suites, the VIP suite features wood-paneled and plush-suede accent walls, and another, featuring a mirrored wall, serves as a gym and wellness suite. Completing the overall floor plan are an elevator, half-bath, two laundry rooms, and a four-car poly-coated garage with double height for car lifts and includes high-end built-in cabinetry. Amenities include hurricane-impact windows and doors, natural gas, tankless hot-water heaters, backup generator, full house water filtration system, and a concrete tile roof. Offering a contemporary aesthetic that combines design, form and function to perfection, this rare masterpiece is a true work of art. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no financial fee will be paid to a cooperating Broker on the Deposits retained by the Seller. No financial fees will be paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2023 by the listing company. All Rights Reserved.

More Information MLS# RX-10857463

Contract Information

Listing Date: 2023-01-11 Status: Closed Original List Price: 13995000 Auction: No Sold Price: $11,995,000 Current Price: $11,995,000 List Price/SqFt: 2155.77 Comm/Non-Rep: 0% Comm/Buyer Agent: 2.5% Comm/Trans Brk: 2.5%

General Property Description

Type: Single Family Detached Governing Bodies: None Main Level Bedrooms: 3 Total Bedrooms: 6 Main Level Bathrooms: 5 Baths - Full: 6 Baths - Half: 1 Baths - Total: 6.1 Property Condition: Resale Year Built: 2022 SqFt - Total: 8086 SqFt - Living: 6028 SqFt Source: Tax Rolls Gated Community: No Garage Spaces: 4 Covered Spaces: 4 Year Roof Installed: 2022 Homeowners Assoc: Voluntary Association Deposit: No Membership Fee Required: No Directions: Hypluxo Island S. of Barefoot Lane on west side Subdivision: HYPOLUXO ISLAND ADD Legal Desc: HYPOLUXO ISLAND ADD LT 53 & LT 54 /LESS S 25 FT/ Lot SqFt: 22128 Lot Dimensions: 75 ft x 298 ft Waterfront: Yes Waterfrontage: 75 Dock: yes Front Exp: East Private Pool: Yes Spa: Yes Pets Allowed: Yes Pets on Premises: No Total Floors/Stories: 2

Location, Tax & Legal

Area: 4110 Geo Area: PB11 Country: United States County: Palm Beach Parcel ID: 40434503010000530 Street #: 701 Street Dir: S Street Name: Atlantic Street Suffix: Drive State/Province: FL Zip Code: 33462 Zoning: R1A(ci Tax Year: 2022 Taxes: 57906.7 Special Assessment: No Short Sale: No Short Sale A/U: N/A Short Sale Addendum: No Multiple Ofrs Acptd: Yes REO: No HOPA: No Hopa Middle School: Lantana Middle School High School: Lake Worth High School Geo Lat: 26.578802 Geo Lon: -80.044211

Office/Member Info

DXORIGMLNO: RX-10857463 DXORIGMLSID: RML

Status Change Info

Under Contract Date: 2023-03-28 Sold Date: 2023-05-12 Sold Price: $11,995,000 Terms of Sale: Cash Sold Price/SqFt: 1989.88

Storm Protection

Impact Glass: Complete Permanent Generator: Whole House

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Design: Contemporary; Multi-Level Construction: CBS; Concrete View: Intracoastal; Pool Waterfront Details: Intracoastal; Navigable; No Fixed Bridges; Ocean Access; Seawall Private Pool Description: Autoclean; Equipment Included; Gunite; Heated; Inground; Salt Chlorination; Spa Spa Features: Heated; In Ground Lot Description: East of US-1; 1/2 to < 1 Acre; Flood Zone; Paved Road; Public Road Exterior Features: Auto Sprinkler; Built-in Grill; Cabana; Covered Balcony; Covered Patio; Fence; Open Patio; Outdoor Shower; Summer Kitchen; Zoned Sprinkler Interior Features: Bar; Custom Mirror; Elevator; Entry Lvl Lvng Area; Foyer; French Door; Kitchen Island; Pantry; Volume Ceiling; Walk-in Closet; Wet Bar Porch/Patio/Balcony: Balcony; Patio; Porch Master Bedroom/Bath: 2 Master Suites; Dual Sinks; Mstr Bdrm - Ground; Mstr Bdrm - Upstairs; Separate Shower; Separate Tub Furnished: Unfurnished Rooms: Cabana Bath; Convertible Bedroom; Family; Great; Laundry-Inside; Maid/In-Law; Media Parking: Driveway; Garage - Attached; Open Subdiv. Amenities: Boating; Park; Picnic Area; Playground; Street Lights Maintenance Fee Incl: None Pet Restrictions: No Restrictions Restrict: None Security: Security Sys-Owned; TV Camera Flooring: Ceramic Tile; Wood Floor Heating: Central; Electric Cooling: Air Purifier; Ceiling Fan; Central Equip/Appl Included: Auto Garage Open; Dishwasher; Disposal; Dryer; Freezer; Generator Whle House; Microwave; Range - Gas; Refrigerator; Smoke Detector; Washer; Water Heater - Gas Dining Area: Dining Family; Formal; Snack Bar Roof: Concrete Tile; Flat Tile Boat Services: Private Dock; Lift; Electric Available; Water Available Terms Considered: Cash; Conventional Utilities: Cable; Electric; Gas Natural; Public Sewer; Public Water Window Treatments: Blinds; Drapes; Hurricane Windows; Impact Glass; Picture; Single Hung Metal Special Info: Sold As-Is; Survey Taxes: City/County; New Construction Possession: At Closing Contingencies: None

Room Information

Bedroom 2 Length: 15.00 Width: 14.00 Length: 15.00 Level: Main Width: 14.00 Bedroom 3 Length: 15.00 Width: 14.00 Length: 15.00 Level: Main Width: 14.00 Bedroom 4 Length: 15.00 Width: 13.00 Length: 15.00 Level: Upper Width: 13.00 Dining Room Length: 20.00 Width: 16.00 Length: 20.00 Level: Main Width: 16.00 Family Room Length: 23.00 Width: 21.00 Length: 23.00 Level: Main Width: 21.00 Kitchen Length: 15.00 Width: 14.00 Length: 15.00 Level: Main Width: 14.00 Living Room Length: 20.00 Width: 15.00 Length: 20.00 Level: Main Width: 15.00 Master Bedroom Length: 20.00 Width: 15.00 Length: 20.00 Level: Lower Width: 15.00 Utility Room Length: 9.00 Width: 7.00 Length: 9.00 Level: Main Width: 7.00 Other Room Length: 20.00 Width: 19.00 Length: 20.00 Level: Main Width: 19.00 Master Bedroom Length: 21.00 Width: 17.00 Length: 21.00 Level: Upper Width: 17.00 Utility Room Length: 10.00 Width: 5.00 Length: 10.00 Level: Upper Width: 5.00
Listing Office: Premier Estate Properties, Inc
Last Updated: May - 15 - 2023
701 S Atlantic Drive, Lantana, FL 33462- MLS# RX-10857463
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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