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Sold for $6,600,000 on 03/08/23
  • $6,600,000

    16 Sabal Island Drive, Ocean Ridge, FL 33435

    6beds
    5,395sqft
    Single Family Residence
    Built in 2018
    0.43 Acres Lot
    $7,818,000 Zestimate®
    $1,223/sqft
    $9,161 Estimated rent

    Home value

    $7,818,000

    $7.04M - $8.76M

    $9,161/mo

    Zestimate® history
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    What's special

    Designer estate with over 220 feet of waterfrontage, incredible views, protected dockage, and private beach access. Designed to perfection and situated on an elevated lot, the residence is offered turnkey, fully furnished. Features include six total bedrooms with first-floor master suite; VIP guest suite with kitchen; office/bedroom with full bath and three additional en suite guest rooms. Enjoy the covered loggia; summer kitchen; pool with overflow spa; and 50 foot dock with easy access to the ocean via nearby Inlet. Voluntary Homeowner's Association offers access to the private beach house with kitchen, showers; bathrooms and room for gatherings. Built in 2018, the current owner has added many designer and custom features. Enjoy waterfront living in this exquisite and private estate. FEATURES: " Over 220 feet of waterfrontage with protected dockage " Stunning views of the manicured grounds and water " Situated on almost one-half acre elevated lot " 5,395 square feet under air / 6,847 total square feet " 6 total bedrooms; 6 full and 2 half bathrooms " Offered turn-key, fully furnished " Designer and custom finishes with additional high-quality upgrades made by current owner o Custom fence enclosing the entire backyard with private gate for access to dock and Intracoastal Waterway o Air conditioned three-car garage o Two Tesla chargers installed o Large Generac underground generator and propane tank o Complete security system with cameras throughout the property o Aqualink to control the pool heater and all spa functions o Custom electronic window treatments with blackout shades and sheers in every room o Upgraded and largest capacity washer and dryer o Custom installed dual system Wi-Fi o 60 inch Smart televisions, AV and Sonos speakers throughout the residence o Completely renovated grounds for optimum privacy with custom landscaping and lighting o Temper-Pedic beds in all bedrooms o Custom, designer lighting o Large dining table custom built for the space " Volume ceilings, oversized windows, and sliders throughout offer abundant natural light " Top-of-the-line appliances, countertops, hardware and flooring throughout " Spacious interior rooms for residents and guests alike " Modern kitchen with snack bar seating, pantry, and nearby powder room " Living room and dining room provide access to large covered loggia " First floor primary wing with private loggia; luxurious master bath; and large walk-in closet " Two additional en suite first floor guest rooms " North wing second floor VIP suite with private entrance, kitchenette, walk-in closet, and full bath " Contemporary and dramatic stairway with all glass railings and impressive alcove for displaying a prized piece of art or baby grand piano " Second-floor office/bedroom with balcony, full bath and closet " Additional second floor en suite guest room " Covered loggia with summer kitchen and ample space for outdoor dining " Sprawling pool terrace with room for outdoor living area and lounging poolside " Heated pool with overflow spa feature " 50 foot dock with easy ocean access via nearby inlet " Expansive grounds with abundant privacy " Decorative driveway and three-car air conditioned garage " McCormick Mile residents are invited to join the voluntary Homeowner's Association which includes beach access with dune and use of the private beach house overlooking the ocean complete with kitchen, tables and chairs, showers, and bathrooms " Town of Ocean Ridge is nestled along the central coastline of Palm Beach County with its pristine beaches, oceanfront parks, dedicated Town Hall, and private police department with patrol This coastal waterfront estate is second to none with high-end finishes and upgrades. Come live the luxury life in this Ocean Ridge residence.

    Zillow last checked: 8 hours ago

    Listing updated: April 15, 2024 at 02:01am

    Listed by:

    Nicholas Paul Malinosky 561-306-4597,

    Douglas Elliman

    Bought with:

    Frederick Moran

    The Corcoran Group

    Source: BeachesMLS,MLS#: RX-10835818MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Primary bedroom
    • Level: 1
    • Area: 306
    • Dimensions: 17 x 18
    Bedroom 2
    • Level: 2
    • Area: 256
    • Dimensions: 16 x 16
    Bedroom 3
    • Level: 1
    • Area: 168
    • Dimensions: 12 x 14
    Bedroom 4
    • Level: 1
    • Area: 168
    • Dimensions: 12 x 14
    Bedroom 5
    • Level: 2
    • Area: 168
    • Dimensions: 12 x 14
    Dining room
    • Level: 1
    • Area: 208
    • Dimensions: 13 x 16
    Family room
    • Level: 1
    • Area: 340
    • Dimensions: 20 x 17
    Kitchen
    • Level: 1
    • Area: 171
    • Dimensions: 19 x 9
    Living room
    • Level: 1
    • Area: 400
    • Dimensions: 25 x 16
    Loft
    • Level: 2
    • Area: 126
    • Dimensions: 14 x 9
    Patio
    • Description: Patio/Balcony
    • Level: 1
    • Area: 336
    • Dimensions: 28 x 12
    Heating
    • Central, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
    • Laundry: Sink, Inside
    Features
    • Closet Cabinets, Kitchen Island, Pantry, Volume Ceiling, Walk-In Closet(s), Central Vacuum
    • Flooring: Other, Tile, Wood
    • Windows: Impact Glass, Impact Glass (Complete)
    Interior area
    • Total structure area: 6,847
    • Total interior livable area: 5,395 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: 2+ Spaces, Drive - Decorative, Garage - Attached
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Covered Patio, Open Patio
    • Exterior features: Auto Sprinkler, Covered Balcony, Outdoor Kitchen, Zoned Sprinkler, Dock
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Canal, Lagoon, Pool
    • Has water view: Yes
    • Water view: Canal,Lagoon
    • Waterfront features: Interior Canal, Lagoon, No Fixed Bridges, Ocean Access
    • Frontage length: 226
    Lot
    • Size: 0.43 Acres
    • Dimensions: 226.0 ft x 82.0 ft
    • Features: 1/4 to 1/2 Acre, East of US-1
    Details
    • Parcel number: 46434522090000160
    • Zoning: RSF(ci

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • CBS, Concrete
    • Roof: Concrete
    Condition
    • Resale
    • New construction: No
    • Year built: 2018

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Community
    • Community features: None, Oth Membership Avlbl
    Location
    • Region: Ocean Ridge
    • Subdivision: Mc Cormick Mile

    HOA & financial

    HOA
    • Has HOA: Yes

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    3/24/2023Listing removed--
    Source: Douglas Elliman Report a problem
    3/9/2023Listed for sale$8,295,000+25.7%$1,538/sqft
    Source: Douglas Elliman #22-1434 Report a problem
    3/8/2023Sold$6,600,000-20.4%$1,223/sqft
    Source: BeachesMLS #RX-10835818 Report a problem
    3/3/2023Pending sale$8,295,000$1,538/sqft
    Source: BeachesMLS #RX-10835818 Report a problem
    1/13/2023Price change$8,295,000-12.6%$1,538/sqft
    Source: BeachesMLS #RX-10835818 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$104,178 +23.3%$5,759,690 +43.6%
    2023$84,461 +14.8%$4,011,589 +10%
    2022$73,581 +14.3%$3,646,899 +10%

    Find assessor info on the county website

    Neighborhood: 33435

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $7,818,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $7,818,000