554 Palm Way, Gulf Stream, FL 33483
$7,525,000
Property Type:
Residential
Bedrooms:
5
Baths:
7.1
Square Footage:
8,011
Status:
Closed
Current Price:
$7,525,000
Last Modified:
2/01/2019
Description
Point Lot Estate Commanding 411 feet of Waterfrontage. Staged against the sparkling Intracoastal this 9,600 total square foot Point Lot Estate is sited on 411 feet of water frontage. Completely re-designed from top to bottom in 2014 the meticulous finishes and superb craftsmanship are evident in every detail. The home offers 5 bedrooms seven plus baths, a self-contained guest apartment with large living and kitchen area accommodating friends and family with prized private space. Upon arrival guests are greeted with a gracious staircase leading to a magnificent master suite with his/her bathrooms, three additional guest suite, all with water views, plus a workout room. Encompassing the first floor is a lovely living room with fireplace, an oversized dining room and a cozy sitting area.
Supplements: A gourmet kitchen suited to the best of chef's where informal meals may be enjoyed in a large breakfast area surrounded by water. Adjacent to the kitchen is a magnificent family room with cathedral callings, large windows affording lots of light and sweeping water views. Completing the first floor is a private office, a game room which flows to two private terraces, large pool and dock all inviting spirited outdoor entertainment. The estate is surrounded by an oasis of lush tropical landscaping bestowing supreme serenity with broad vistas reflecting the synergy of water and nature. Close to the fabulous Atlantic Ocean and Atlantic Avenue. Don't miss this opportunity !!
More Information MLS# RX-10273486
Contract Information
Auction: No
List Price/SqFt: 1022.96
Listing Date: 2016-10-10
Status: Closed
Original List Price: 8895000
Sold Price: $7,525,000
Current Price: $7,525,000
General Property Description
Governing Bodies: None
Property Condition: Resale
Lot Dimensions: 411.0 ft x 93.0 ft
SqFt - Total: 9601
Waterfront: Yes
SqFt Source: Owner
Waterfrontage: 411
Homeowners Assoc: None
Pets Allowed: Yes
Front Exp: East
HOA/POA/COA (Monthly): 0
Directions: A1A North of George Bush to Lakeview to Polo Drive, to Palm Way
Membership Fee Required: No
Private Pool: Yes
Type: Single Family Detached
Total Bedrooms: 5
Baths - Full: 7
Baths - Half: 1
Baths - Total: 7.1
Year Built: 1963
SqFt - Living: 8011
Garage Spaces: 3
Subdivision: POLO COVE
Legal Desc: POLO COVE S 50 FT OF LT 21 & GULFSTREAM COVE PB24P185 LT 1 & W 41 FT OF LT 2
Lot SqFt: 38160
Total Floors/Stories: 2
Location, Tax & Legal
Geo Area: PB05
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2015
Zoning: RS(cit
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 135404
Special Assessment: No
REO: No
Area: 4130
County: Palm Beach
Parcel ID: 20434603020000211
Street #: 554
Street Name: Palm
Street Suffix: Way
Zip Code: 33483
Geo Lat: 26.494335
Geo Lon: -80.057801
Office/Member Info
DXORIGMLNO: RX-10273486
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Cash
Sold Price/SqFt: 939.33
Under Contract Date: 2017-12-12
Sold Date: 2018-01-08
Sold Price: $7,525,000
Construction
CBS: 1
Frame: 1
Master Bedroom/Bath
2 Master Baths: 1
Dual Sinks: 1
Separate Shower: 1
Separate Tub: 1
Rooms
Den/Office: 1
Family: 1
Laundry-Inside: 1
Waterfront Details
Intracoastal: 1
Lot Description
1/2 to < 1 Acre: 1
Equip/Appl Included
Auto Garage Open: 1
Disposal: 1
Fire Alarm: 1
Ice Maker: 1
Refrigerator: 1
Washer: 1
Cooling
Central: 1
Heating
Central: 1
Furnished
Unfurnished: 1
Interior Features
Bar: 1
Closet Cabinets: 1
Ctdrl/Vault Ceilings: 1
Decorative Fireplace: 1
Foyer: 1
Flooring
Carpet: 1
Marble: 1
Wood Floor: 1
Utilities
Electric: 1
Public Sewer: 1
Restrict
None: 1
Subdiv. Amenities
None: 1
Terms Considered
Cash: 1
Conventional: 1
Possession
At Closing: 1
Taxes
City/County: 1
Contingencies
Other: 1
Property Features
Construction: CBS; Frame
Waterfront Details: Intracoastal
Lot Description: 1/2 to < 1 Acre
Interior Features: Bar; Closet Cabinets; Ctdrl/Vault Ceilings; Decorative Fireplace; Foyer
Furnished: Unfurnished
Rooms: Den/Office; Family; Laundry-Inside
Restrict: None
Flooring: Carpet; Marble; Wood Floor
Heating: Central
Cooling: Central
Terms Considered: Cash; Conventional
Utilities: Electric; Public Sewer
Taxes: City/County
Possession: At Closing
Contingencies: Other
Room Information
Living Room
Length: 23.00
Width: 22.00
Length: 23.00
Level: Main
Width: 22.00
Remarks: Water View
Dining Room
Length: 17.00
Width: 24.00
Length: 17.00
Level: Main
Width: 24.00
Remarks: Water View
Dining Room
Length: 16.00
Width: 9.00
Length: 16.00
Level: Main
Width: 9.00
Remarks: Water View
Kitchen
Length: 25.00
Width: 19.00
Length: 25.00
Level: Main
Width: 19.00
Remarks: 2 Sub Zeros
Family Room
Length: 30.00
Width: 20.00
Length: 30.00
Level: Main
Width: 20.00
Remarks: Water View
Master Bedroom
Length: 20.00
Width: 16.00
Length: 20.00
Level: Upper
Width: 16.00
Remarks: Water View
Bedroom 2
Length: 18.00
Width: 15.00
Length: 18.00
Level: Upper
Width: 15.00
Remarks: Water View
Bedroom 3
Length: 14.00
Width: 14.00
Length: 14.00
Level: Upper
Width: 14.00
Remarks: Water View
Bedroom 4
Length: 16.00
Width: 18.00
Length: 16.00
Level: Upper
Width: 18.00
Bedroom 5
Length: 13.00
Width: 12.00
Length: 13.00
Level: Upper
Width: 12.00
Remarks: Guest House
Den
Length: 16.00
Width: 12.00
Length: 16.00
Level: Main
Width: 12.00
Utility Room
Length: 16.00
Width: 13.00
Length: 16.00
Level: Upper
Width: 13.00
Remarks: With Exercise Room
Porch
Length: 20.00
Width: 16.00
Length: 20.00
Level: Main
Width: 16.00
Patio
Length: 21.00
Width: 16.00
Length: 21.00
Level: Main
Width: 16.00
Remarks: Screened Loggia; Patio/Balcony
Listing Office:
The Corcoran Group
Last Updated: February - 01 - 2019
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