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Listing IDRX-10833658
Price$5,600,000
Price/SqFt$1,365.85
StatusActive
Bedrooms3
Total Baths3
Full Baths3
SqFt
4,100
CountyPalm Beach
SubdivisionVilla Magna
Year Built1982
Property TypeResidential
Property Sub TypeCondo/Coop
A truly rare find, the feeling of luxury and quality abounds in this modern 4100 sq ft 3 bedroom, 3 bath, plus office/den coastal masterpiece. Unlike any other condo in this building, 2 units are combined as 1 comprising the entire 8th floor, uniquely stunning in design, this showpiece offers a welcome experience of elegantly casual oceanfront living with Sunrise and Sunset views from every room. The fabulous yet functional open floor plan concept allows for gracious entertaining, with an inviting gathering area, flowing into the expansive, meticulously crafted kitchen and leading to the coveted 1,000 sq ft balcony and the magnificent ocean vista beyond. Inspired by the owner's world travels, this home is an art collector's dream. The primary suite, designed for pure relaxation, opens to an expansive balcony overlooking the intracoastal waterway. The suite comprises two walk-in custom fitted closets and an opulent spa-inspired bath, designed with quartz counters and porcelain tile, finished with sleek cabinetry and dual sinks. Unique and sophisticated selections of rich wood, glass and stone abound. All beautifully appointed with art niches, specialty lighting, and top-of-the-line upgraded features throughout, including Miele and Gaggeneau appliances, meticulously crafted cabinetry in every room, notable millwork, porcelain flooring, audio system throughout, temperature controlled 400 bottle wine room, private sauna, and impact windows. The condo is also equipped with a "smart home" Lutron system. Additional notables include 2 deeded electrified parking spaces, 2 beach lockers, 2 sizable storage areas, additional private wine room, fitness center, 24-hour concierge service, possible boat dockage and a beautiful oceanfront pool.
The elevated design sensibility makes this home absolutely sensational!
Villa Magna is in the final stages of completing a 20-million-dollar renovation which includes concrete restoration, a new pool deck, landscaping with a spectacular front entrance, new roof, balcony with glass railing and new tiles. In addition, a contemporary decoration project is underway for all common areas in the building. The final stage of the renovation includes a brand-new air conditioning system throughout all common areas in Villa Magna. The total cost of the above renovations is approx. $26M. Villa Magna is one of the premier oceanfront buildings in Highland Beach whose amenities include a 24-hour doorman, private beach access and fitness center. Minutes away from both Boca Raton and Delray Beach to enjoy fine dining, shopping, and museums and perfectly situated between Palm Beach and Fort Lauderdale International Airports.
County
Palm Beach
Price/SqFt
1365.85
Property Sub Type
Condo/Coop
Property Type
Residential
Subdivision
Villa Magna
Year Built
1982
Zoning
RMM(ci
Cooling
Central, Electric, Zoned
Dining Area
Breakfast Area, Eat-In Kitchen, Formal
Equipment/Appliances Included
Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Purifier, Range - Electric, Refrigerator, Smoke Detector, Wall Oven, Washer, Water Heater - Elec
Flooring
Other, Wood Floor
Heating
Central, Electric, Zoned
Interior Features
Built-in Shelves, Elevator, Fireplace(s), Foyer, Laundry Tub, Pantry, Roman Tub, Split Bedroom, Volume Ceiling, Walk-in Closet, Wet Bar
Master Bedroom/Bath
Dual Sinks, Mstr Bdrm - Sitting, Separate Shower, Separate Tub
Rooms
Convertible Bedroom, Den/Office, Laundry-Inside, Sauna, Storage, Studio Bedroom
SqFt - Total
5100
SqFt Source
Owner
Total Units in Building
92
Unit Floor Number
8
Boat Services
Electric Available, Lift, Up to 40 Ft Boat, Water Available
Construction
CBS
Design
4+ Floors, Contemporary
Exterior Features
Covered Balcony, Open Balcony
Garage Spaces
2
Lot Description
East of US-1
Parking
2+ Spaces, Assigned, Garage - Building, Under Building
Private Pool
no
Roof
Tar/Gravel
Storm Protection: Impact Glass
Complete
Total Floors/Stories
14
Total Units in Complex
92
Utilities
Cable, Electric, Public Sewer, Public Water
View
Intracoastal, Ocean
Waterfront
yes
Waterfront Description
Directly on Sand, Intracoastal, Oceanfront
Window Treatments
Blinds, Drapes, Impact Glass, Sliding
Area
4150
Development Name
Villa Magna
Front Exposure
West
HOA
Mandatory
Subdivision Amenities
Boating, Cabana, Elevator, Fitness Center, Manager on Site, Pool, Trash Chute
ADA Compliant
Accessible Elevator Installed, Handicap Access, Wheelchair Accessible
Covered Spaces
2
Governing Bodies
Condo
Pets Allowed
No
Year Built Description
Resale
Application Fee
100
Auction
No
Furnished
Furniture Negotiable
HOA Fee/Month
3793
HOPA
No Hopa
Lease Times per Year
1
Lease Info: Minimum Days to Lease
90
Maintenance Fee Includes
A/C Maintenance, Cable, Common Areas, Elevator, Insurance-Bldg, Janitor, Maintenance-Exterior, Management Fees, Manager, Parking, Pest Control, Pool Service, Roof Maintenance, Security, Sewer, Trash Removal, Water
Membership
No Membership Avail
Membership Equity
no
Multiple Offers Accepted
yes
REO
no
Restrictions
Buyer Approval, Commercial Vehicles Prohibited, Interview Required, No Lease 1st Year, Tenant Approval
Short Sale
no
Short Sale Addendum
no
Special Assessment
no
Tax Year
2021
Taxes
18231
Taxes Description
Homestead
Terms Considered
Cash, Conventional
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Contact - Listing ID RX-10833658
DONOHUE REAL ESTATE
240 Worth Avenue, Suite 208
Palm Beach, FL 33480
Phone: (561) 838-9555
Phone Alt: (561) 619-7635
Fax: (561) 838-9009
CorporateOffice@DonohueRealEstate.com
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