See Home Value
$9,270,000 - $11,330,000
House - Off Market

581 Phillips Drive

Boca Raton, FL 33432
bedrooms
4 Beds
bathrooms
6 Baths
square feet
5690 Sqft
Sold Apr 28, 2021
$1,795,000
$1,256,500 by Bancorpsouth Bank
Mortgage Due Apr 28, 2051
Sold Jun 05, 2019
$1,380,000

About This Property

Exceptional waterfront modern masterpiece currently under construction. Designed by Brenner Architecture Group, built by National Custom Homes and designed by Decorators Unlimited, this home will be built to the highest standards with exquisite attention to detail. Located in one of Boca Raton's most prestigious neighborhoods, Golden Harbour, this luxury estate offers 96 feet of deep waterfront with easy access to the intracoastal and no fixed bridges. Designed for year round indoor/outdoor living this architectural estate has unparalleled elegance and modern comforts.  Boasting 7,715 sq. ft. with 5,690 sq. ft under air and 2,025 sq. ft. of exterior outdoor space this smart home is a home for sophisticated entertaining and a lifestyle of elegant comfort.  A grand foyer opens into a

The manager has listed the unit size as 5690 square feet.
Unit Size
5,690Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,810
Property Type
House
Property Taxes
$2,442
HOA Dues
-
Year Built
1969

Price History

Date / Event Date Event Price
Jan 16, 2024 No longer available -
No longer available
Oct 31, 2023 Price Increased $10,300,000
↑ $901K (9.6%)
Price Increased
May 20, 2023 Relisted $9,399,000
Relisted
May 10, 2023 No longer available -
No longer available
Apr 17, 2023 Listed $9,399,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,952
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,472
  • Gross Building Area: 3,472
  • Building Area: 2,369
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,369
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: GOLDEN HARBOUR
  • Land Acres: 0.206
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: GOLDEN HARBOUR SEC 3 LT 9 BLK D

Ownership

  • Current Owner : SPINNER REAL ESTATE HOLDINGS LLC
  • Previous Owner : 581 PHILLIPS DRIVE HOLDINGS LLC
  • Owner Before Previous Owner: BETANCUR ALVARO L
  • Owner Before Previous Owner 2: ALVARO L BETANCUR REVOCABLE TR
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 04, 2024

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007501

Zoning

  • Zoning: R-1-B

Geography

  • Assessors Map Reference: 412
  • Parcel: 06-43-47-20-32-004-0090
  • Block: D
  • Lot: 9
  • Meridian: SEC 20 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3623
  • Longitude: -80.0756

    Address

  • Full Address: 581 Phillips Dr
  • Address - House Number: 581
  • Address - Street Name: Phillips
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C016
  • 4-Digit Zip Code: 2835
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 2,781
  • Tax Year: 2023
  • Tax Amount: $35,634
  • Tax Rate Code Area: 6154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,256,500
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Loan Amount: $1,256,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 28, 2051

    Market Valuation

  • Market Total Value: $2,476,127
  • Market Land Value: $2,472,525
  • Market Improvement Value: $3,602

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,835,590

    Sales

  • Current Sale Contract Date: Apr 05, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Transaction ID: 11836036426
  • Current Sale Price: $1,795,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210194360
  • Previous Sale Recording Date: Jun 05, 2019
  • Previous Sale Contract Date: May 28, 2019
  • Previous Sale Amount: $1,380,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Apr 28, 2021
  • First Mortgage Loan Amount: $1,256,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
4 Beds
4.5 Baths
5,394 ft²
$1,893/ft²
$10,210,000 Dec 12, 2022
-
$6,602/mo
House
5 Beds
7 Baths
6,108 ft²
$1,629/ft²
$9,950,000 May 9, 2022
-
$1,041/mo
Condo
4 Beds
4.5 Baths
4,910 ft²
$1,542/ft²
$7,569,000 May 5, 2023
-
-
House
6 Beds
7.5 Baths
6,134 ft²
$1,792/ft²
$10,995,000 Jan 26, 2023
-
$8,402/mo

About Golden Harbour


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Frequently Asked Questions

When was property at 581 Phillips Drive built and last sold?
The property at 581 Phillips Drive was built in 1969 and last sold on Apr 5, 2021 for $1,795,000.
How much is this home worth?
The estimated value of the home located at 581 Phillips Drive is $9,474,968.
What are some comparable homes to 581 Phillips Drive?
Homes that are comparable to 581 Phillips Drive include a condo property at 210 Southeast Mizner Boulevard, a house property at 501 Phillips Drive, a condo property at 200 Southeast Mizner Boulevard.

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