by Global Lifestyle Properties

See Home Value
Ocean Ridge 33435 Inlet Cay
16 Spanish River Drive
$1,200,000
● House - Off Market

16 Spanish River Drive

Ocean Ridge, FL 33435
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,458 Ft²
$2,541,649
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Excellent waterfront opportunity in the heart of Ocean Ridge which is just north of Delray Beach, Gulf Stream and just south of Palm Beach Island and Manalapan. This property is located on the island of Inlet Cay and sits at the head of the canal providing stunning water views and protected dockage. The home has been completely rebuilt to the studs in 2006 and is in like-new condition. Features include beautiful wood floors throughout, high ceilings, and new gourmet kitchen with breakfast nook overlooking the pool and water. Other features include first floor master bedroom, open living and dining rooms, three bedrooms upstairs, and large upstairs family with beautiful direct Intracoastal views all the way down the waterway. The entire home is full of ... (see supplement for full remarks) Excellent waterfront opportunity in the heart of Ocean Ridge which is just north of Delray Beach, Gulf Stream and just south of Palm Beach Island and Manalapan. This property is located on the island of Inlet Cay and sits at the head of the canal providing stunning water views and protected dockage. The home has been completely rebuilt to the studs in 2006 and is in like-new condition. Features include beautiful wood floors throughout, high ceilings, and new gourmet kitchen with breakfast nook overlooking the pool and water. Other features include first floor master bedroom, open living and dining rooms, three bedrooms upstairs, and large upstairs family with beautiful direct Intracoastal views all the way down the waterway. The entire home is full of natural light and offers impact windows and doors, new roof, two car garage, spacious deck overlooking the water, pool, outdoor summer kitchen, dock, lush tropical landscaping throughout, generator and more. This home has been completely rebuilt and lives like a brand new home. This property represents great value on the water in Ocean Ridge and is in pristine condition.
Unit Size
3,458 Ft²
Days on Market
106 days
Land Size
-
Price per sqft
$374
Property Type
House
Property Taxes
$1,004
HOA Dues
-
Year Built
1989

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Last updated: 5 months ago (Beaches MLS #R3353726)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Sold
Apr 18, 2022 Listed by The Corcoran Group $2,795,000
Listed by The Corcoran Group
Jul 9, 2013 Sold
Sold
Mar 14, 2013 Listed by The Corcoran Group $1,295,000
Listed by The Corcoran Group
May 10, 2002 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 497
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,986
  • Lot Size Depth Feet: 110
  • Lot Size Frontage Feet: 790
  • Total Building Area: 4,155
  • Gross Building Area: 4,155
  • Building Area: 3,579
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,579
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INLET CAY
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: INLET CAY LOT 16

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005411

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: 308
  • Parcel: 46-43-45-22-11-000-0160
  • Lot: 16
  • Meridian: SEC 22 TWN 45S RNG 43E
  • Municipality: OCEAN RIDGE
  • Latitude: 26.5336
  • Longitude: -80.0498

    Address

  • Full Address: 16 Spanish River Dr
  • Address - House Number: 16
  • Address - Street Name: Spanish River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ocean Ridge
  • Carrier Code: C001
  • 4-Digit Zip Code: 3346
  • Zip Code: 33435

Valuation

    Tax

  • Total Area: 3,708
  • Tax Year: 2022
  • Tax Amount: $2,257,966
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 46984

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 2,549,303
  • High Value: 3,083,441
  • Low Value: 2,015,164

    Market Valuation

  • Market Total Value: $1,215,105
  • Market Land Value: $1,124,200
  • Market Improvement Value: $90,905

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,170,972

    Sales

  • Current Sale Contract Date: Jun 03, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 245686
  • Previous Sale Recording Date: Jul 09, 2013
  • Previous Sale Contract Date: Jun 28, 2013
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Inlet Cay


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Frequently Asked Questions

When was property at 16 Spanish River Drive built and last sold?
The property at 16 Spanish River Drive was built in 1989 and last sold on Jun 3, 2022 for $2,600,000.
How much is this home worth?
The estimated value of the home located at 16 Spanish River Drive is $0.
What are some comparable homes to 16 Spanish River Drive?
There are currently no comparable homes to 16 Spanish River Drive.