NOT LISTED FOR SALE

0 N Ocean Blvd Unit 16-1764 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,746,000

0.33 Acre
$29,533,333 Price per Acre
14,375 Sq Ft Lot

Last Sold April 03, 2017

Last sale price $3,695,000

Est. 164% increase in value since last sale

Current estimated payment $62,091/month

219 Days on Market

About This Lot

As of April 2017

Premium location on the corner of N. Ocean Way and LaPuerta! Spectacular oversized ''one lot off the ocean'' with beach access! Picture your dream home on this prized property with approximately 14,327sf. Could be combined with adjacent oceanfront property with beachfront cabana parcel. Combined parcels would measure just under 1 acre. This won't last long!

Last Agent to Sell the Property

PAULA WITTMANN

THE FITE GROUP Listed on: 08/22/2016

Last Buyer's Agent

GARY POHRER

THE CORCORAN GROUP 2435

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,574

Lot Details

  • 0.33 Acre Lot
  • Home has East and West Exposure
  • Property is zoned RB

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 50434303100000010

Community Details

Overview

  • El Encanto Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$25,574

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.33
  • Subdivision Name: El Encanto
  • Directions: Royal Poinciana to N. County, north to La Puerta
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Taxes2: 25574.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 125
  • General Property Description:Lot SqFt: 14375
  • Exposure:East: Yes
  • Exposure:West: Yes
  • Land Improvements:Electric Available: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Land Improvements:Gas Available: Yes
  • Land Improvements:Sewer Available: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electric Available, Sewer Available, Water Available, Natural Gas Available
  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 14375.0
  • Parcel #: 50434303100000010
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 25574.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Apr 3, 2017
Sold by
Lynch Patrick and Lynch Kelly
Bought by
1178 Ocean Llc
Seller's Agent
PAULA WITTMANN
THE FITE GROUP
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$3,695,000
Sold Price
$3,695,000
Total Days on Market
219
Current Estimated Value
$9,746,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,051,000
Avg. Annual Appreciation
12.60%

Purchase Details

Closed on
Aug 28, 2013
Sold by
Tannenbaum Michael D and Von Falkenburg Wolf
Bought by
Lynch Patrick and Lynch Kelly
Source: Public Records

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Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1178 Ocean Llc $3,695,000 Lighthouse Title Services Ll
Lynch Patrick -- Attorney
Lynch Patrick $2,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1178 Ocean Llc $14,560,000
Previous Owner Lynch Patrick $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2017 04/03/17 Sold $3,695,000 0.0% --
03/29/2017 03/29/17 Pending -- -- --
08/22/2016 08/22/16 For Sale $3,695,000 -- --
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $88,581 $4,175,871 -- --
2023 $76,318 $3,796,246 $0 $0
2022 $67,321 $3,451,133 $0 $0
2021 $52,735 $3,137,394 $3,137,394 $0
2020 $51,273 $2,915,341 $2,915,341 $0
2019 $47,458 $2,650,310 $2,650,310 $0
2018 $45,338 $2,650,310 $2,650,310 $0
2017 $30,690 $1,684,164 $1,684,164 $0
2016 $27,517 $1,540,899 $0 $0
2015 $25,574 $1,400,817 $0 $0
2014 -- $1,273,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    PAULA WITTMANN

    THE FITE GROUP

  • G

    Buyer's Agent in 2017

    GARY POHRER

    THE CORCORAN GROUP 2435

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-1764

APN: 50-43-43-03-10-000-0010

Florida Palm Beach County Palm Beach 33480 North End

0 N Ocean Blvd Unit 16-1764, Palm Beach, FL

This home is located at 0 N Ocean Blvd Unit 16-1764, Palm Beach, FL 33480 since 22 August 2016 and is currently estimated at $9,746,000. 0 N Ocean Blvd Unit 16-1764 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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