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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
IDX
Last Updated: February - 01 - 2019
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