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1768 Tudor Rd - JUNO BEACH WATERFRONT- POST AUCTION

3,200 SF Speciality Building Offered at £784,102 in North Palm Beach, FL 33408

Investment Highlights

  • You Name The Price on this Custom Rebuilt Waterfront Home, Now a New Home, Completed in 2017, Warranties Included
  • LEED Certified Green Design, Solar Heated Pool, Cat 5 Cable throughout, Icynene insulation with cooled attic
  • All Hurricane impact doors & windows with UV protection, many pocketed sliding doors to bring a slice of that cross-ventilation ocean air
  • Bertazonni Professional Kitchen, Natural Stone Bathrooms, 7.5” European Oak Floors, All LED lighting
  • This home was rebuilt like a fortress using custom steel reinforcement with a safe room included & ready for a 2nd story if desired.

Executive Summary

Certified List Price by the Public Pricing process- $985,773 WITH ACCEPTABLE TERMS & CONDITIONS TO THE SELLER.
This home was open to Public Bidding and Price Opinions for 20 days, May 21st - June 10th. There were 20 bids and 59 written opinions of value received (from both the public as well as the realtor/mortgage/appraisal profession). None of the 20 bids submitted reached the Public's Opinion of Value. The seller has instructed Public Pricing" to make this home available at the Public Opinion of Value.
Now a NEW HOME, Completed in 2017. The term "paradise" is typically exhausted regarding & describing most homes in South Florida. However, this brilliant newly constructed utopia is not just eye-catching solely for its exterior beauty, but more so for all the intangibles associated with it. Located in the charming and peaceful neighborhood, A JUNO ISLES WATERFRONT OASIS.Custom Rebuilt Waterfront Home, Structure built 1963 Totally Rebuilt (taken down to a few walls.) Bertazonni Professional Kitchen, Natural Stone Bathrooms, 7.5" European Oak Floors, All LED lighting, LEED Certified Green Design, Solar Heated Pool, Cat 5 Cable throughout, Icynene insulation with cooled attic. This home was rebuilt like a fortress using custom steel reinforcement with a safe room included & ready for a 2nd story if desired. All Hurricane impact doors & windows with UV protection ($80K), many pocketed sliding doors to bring a slice of that cross-ventilation ocean air. The term "paradise" is typically exhausted regarding most homes in the South Florida. However, this brilliant newly constructed utopia is not just eye-catching solely for its exterior beauty, but more so for all the intangibles associated with it. Located in the charming and peaceful neighborhood that is Juno Isles, this home faces NW with a back patio facing SE where the Atlantic Ocean provides a consistent cooling sea breeze from less than 1 mile away! Prime location for "dog lovers" with a private 2 ½ mile stretches of beach where dogs may run freely within a 10 minute driving radius. Though in truth you will likely spend most of your time out in the patio where you can gaze over your solar powered/heated pool while the children and pups are playing off to the side of your spacious lawn surrounded by a privacy fence.

Financial Summary (Actual - 2018)

Annual Annual Per SF
Gross Rental Income £99,521 £31.10
Other Income - -
Vacancy Loss - -
Effective Gross Income £99,521 £31.10
Taxes £5,409 £1.69
Operating Expenses £19,248 £6.01
Total Expenses £24,656 £7.71
Net Operating Income £74,865 £23.40

Financial Summary (Actual - 2018)

Gross Rental Income
Annual £99,521
Annual Per SF £31.10
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £99,521
Annual Per SF £31.10
Taxes
Annual £5,409
Annual Per SF £1.69
Operating Expenses
Annual £19,248
Annual Per SF £6.01
Total Expenses
Annual £24,656
Annual Per SF £7.71
Net Operating Income
Annual £74,865
Annual Per SF £23.40

Property Facts

Price £784,102
Price Per SF £245
Sale Type Investment or Owner User
Property Type Speciality
Property Subtype Residential Income
Building Class C
Lot Size 0.25 AC
Building Size 3,200 SF
Number of Floors 1
Year Built/Renovated 1964/2017

Amenities

  • Waterfront

About 1768 Tudor Rd , North Palm Beach, FL 33408

Welcome to this one of a kind luxury retreat. Brand new, waterfront retreat. 3200 sq feet of luxurious comfort in a 3 BR, 3 Bath spa setting located in one of the most sought after locations in southeast Florida. Paddleboard, kayak or fish from your private fenced back yard or just relax by the pool. If you prefer, enjoy a short walk to the beach or around beautiful Pelican Lake. This new home boasts a gourmet Bertazzoni kitchen, open floor plan for entertainment or private space for three couples to relax. The home is furnished with custom Dutch built Schuitema furniture. The eclectic convergence of today's newest appliances, modern design with craftsman turn of the century moldings and 1920's art deco furniture bring a comfortable luxurious atmosphere perfect for relaxing, entertaining or simply enjoying life on the water with family. The home is designed around a gourmet commercial kitchen with Bertazonni gas stove, double ovens, fridge, freezer and dishwasher.The 48 square foot island comfortably accommodates six for a bar setting or conversation while the chef creates his or her gourmet meals. The kitchen overlooks the water through walls of glass or by opening the 12 pocket sliding glass doors, brings the outside in, for a tropical island feel for poolside dining. Beyond the island sits a spectacular rose wood custom built dining table that seats 8 overlooking the relaxing water views. Separate living and family rooms offer either a huge open area for entertaining large numbers or two separate and private areas to get away from the kids. Watch a movie on the 65"screen in the living area and watch the game at the same time overlooking the water or enjoy adult conversation by the elegantly lit pool area. The master bedroom suite boasts views over the pool of the water through four pocketing sliders to continue the outdoor feel. The spa like bath provide a double rain shower with jets and a deep relaxation tub surrounded by natural slate. When opening the pocketing sliding doors once again the feel of a private outdoor sanctuary in which to regenerate after a long day of fishing or boating. The second master bedroom also with en suite bath opens to the water view through two french doors and has a cozy shower with rain head and jets. The third bunk room allows a great place for kids or another couple again with private bath in a sauna like setting, surrounded by wood and river stones. If you ever decide to leave the house, which you may not, there is a great playground for kids just a short walk away and access to one of the highest recommended beaches in all of Florida. Enjoy the walking paths, hiking or fishing from the renowned Juno Pier. Top level international dining, shopping, golf, fishing and diving are all easily accessible with just a mile or two.

zoning

Zoning Code RI (Residential)
RI (Residential)
  • Listing ID: 16873680

  • Date on Market: 10/08/2019

  • Last Updated:

  • Address: 1768 Tudor Rd, North Palm Beach, FL 33408

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