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Sold for $1,900,000
  • $1,900,000

    701 Pelican Lane, Lantana, FL 33462

    3beds
    3,120sqft
    Single Family Residence
    Built in 1988
    0.32 Acres Lot
    $2,554,100 Zestimate®
    $609/sqft
    $7,328 Estimated rent

    Home value

    $2,554,100

    $2.15M - $3.06M

    $7,328/mo

    Zestimate® history
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    What's special

    Welcome to the epitome of island living on Hypoluxo Island, one of the area's best-kept secrets! This stunning 3-bedroom, 4-bathroom transitional-style courtyard home offers the perfect blend of luxury, privacy, and convenience. Located on a private road with no HOA, this airy, spacious, and open home features 3,120 square feet of interior space and is just under a mile from the beach, fine dining, shopping, and more. The expansive master suite boasts a wraparound balcony, while the oversized two-car garage provides ample storage. Enjoy seamless indoor-outdoor living with two sets of quadruple doors that open directly to the pool deck, perfect for entertaining in style. With plenty of storage, a huge laundry room, and a durable metal roof, this home is built to last. Just minutes from the 5-star Eau Palm Beach Hotel & Spa, Nobu Restaurant, the Lantana Nature Preserve, and a new Publix, this is the perfect location for those who want to enjoy the best of South Florida. Don't miss your chance to own the best value per square foot home on Hypoluxo Island!

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven R. Presson 561-843-6057,

    The Corcoran Group,

    Hunter Presson 561-945-1988,

    The Corcoran Group

    Bought with:

    Steven R. Presson, 3135349

    The Corcoran Group

    Steven R. Presson, 3135349

    The Corcoran Group

    Source: BeachesMLS,MLS#: R11058505MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Description: separate bath/closet
    • Level: Second
    • Area: 379.75
    • Dimensions: 24.5 X 15.5
    Kitchen
    • Description: open island style
    • Level: First
    • Area: 228
    • Dimensions: 19 X 12
    Living room
    • Description: ground floor great room
    • Level: First
    • Area: 575
    • Dimensions: 25 X 23
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Central Vacuum, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Pantry, Storage, Upper Level Primary, Walk-In Closet(s)
    • Flooring: Carpet, Clay, Tile
    • Doors: French Doors
    • Windows: Metal, Plantation Shutters, Single Hung
    Interior area
    • Total structure area: 4,272
    • Total interior livable area: 3,120 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Covered, Deck, Patio, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Has private pool: Yes
    • Pool features: Concrete, Heated, In Ground, Outside Bath Access
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Size: 0.32 Acres
    • Features: Fruit Trees, 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
    Details
    • Parcel number: 40434503010000591
    • Zoning: R1A(ci

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Aluminum
    Condition
    • Resale
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Street Lights
    • Security: Security System Owned, Closed Circuit Camera(s), Fire Alarm
    • Subdivision: HYPOLUXO ISLAND ADD
    HOA
    • Has HOA: Yes
    • Amenities included: Picnic Area, Sidewalks, Trail(s)
    Location
    • Region: Lantana

    Financial & listing details

    • Price per square foot: $609/sqft
    • Tax assessed value: $1,258,063
    • Annual tax amount: $9,040
    • Date on market: 2/5/2025
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/1/2025Sold$1,900,000-4.8%$609/sqft
    Source: BeachesMLS #R11058505 Report a problem
    2/17/2025Pending sale$1,995,000$639/sqft
    Source: BeachesMLS #RX-11058505 Report a problem
    2/5/2025Listed for sale$1,995,000+115.4%$639/sqft
    Source: BeachesMLS #RX-11058505 Report a problem
    7/29/2018Listing removed$926,195$297/sqft
    Source: Brown Harris Stevens #2000136227 Report a problem
    6/5/2018Price change$926,195-1%$297/sqft
    Source: Brown Harris Stevens #2000136227 Report a problem
    3/28/2018Price change$935,500-1%$300/sqft
    Source: Brown Harris Stevens #2000136227 Report a problem
    11/2/2017Listed for sale$945,000$303/sqft
    Source: Brown Harris Stevens #2000100259 Report a problem
    10/23/2017Pending sale$945,000$303/sqft
    Source: Brown Harris Stevens #2000100259 Report a problem
    8/25/2017Price change$945,000-5.4%$303/sqft
    Source: Brown Harris Stevens #2000100259 Report a problem
    5/4/2017Listed for sale$999,000$320/sqft
    Source: Brown Harris Stevens #2000100259 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,213 +178.9%$1,258,063 +167.7%
    2024$9,040 +4.6%$469,981 +3%
    2023$8,646 +0.7%$456,292 +3%
    2022$8,584 +0.2%$443,002 +3%
    2021$8,571 -0.4%$430,099 +1.4%
    2020$8,602 +1.4%$424,161 +2.3%
    2019$8,482 $414,625 +1.9%
    2018$8,482 +4.7%$406,894 +2.1%
    2017$8,103 +1.8%$398,525 +2.1%
    2016$7,959 +1.2%$390,328 +0.7%
    2015$7,866 -2.1%$387,615 +0.8%
    2014$8,032 +4.8%$384,539 +1.5%
    2013$7,661 +3.6%$378,856 +1.7%
    2012$7,393 +1.3%$372,523 +3%
    2011$7,302 +1%$361,673 +1.5%
    2010$7,232 +6.2%$356,328 +2.7%
    2009$6,810 +10.4%$346,960 +0.1%
    2008$6,170 -1.3%$346,613 +3%
    2007$6,250 -6.9%$336,517 +2.5%
    2006$6,714 $328,309 +3%
    2005-- $318,747 +3%
    2004$4,777 +4493.6%$309,463 +1.9%
    2003$104 -98.4%$303,693 +2.4%
    2002$6,461 +0.6%$296,575 +1.6%
    2001$6,423 +8.8%$291,905 +3%
    2000$5,906 +6.9%$283,403 -6.5%
    1999$5,522 $303,055
    Find assessor info on the county website

    Neighborhood: Lantana

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,554,100
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    Estimated market value
    $2,554,100