NOT LISTED FOR SALE

Estimated Value: $1,498,000 - $2,019,000

4 Beds
3.5 Baths
3,129 Sq Ft
$3,640/mo HOA Fee

Last Sold September 27, 2024

Last sale price $1,725,000 $551 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $15,251/month

246 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Gated Community
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • 5-minute walk to South Beach Park

About This Home

As of September 2024

PRICED TO SELL !! REDUCED $300K. This luxurious 4 bedroom condo offers an unparalleled lifestyle in the heart of Boca Raton. Nestled in the Meridian, a boutique building, this modern residence is accessible via a semi-private elevator and foyer, boasting a custom chefs kitchen, open floor plan, two private terraces, expansive impact windows, and is located across the street from Boca Raton's Palmetto Park Beach. The Meridian has recently undergone a full renovation, showcasing a spacious social room and lobby, along with a well-equipped exercise room and an impressive theater. With round the clock security and a dedicated front desk concierge, the building offers impeccable service for an elite buyer.

Last Agent to Sell the Property

Elliot Koolik

Compass Florida LLC License #540942 Listed on: 01/13/2024

Compass Florida LLC

Co-Listed By

Paul Ruthberg

Compass Florida LLC License #3585472

Last Buyer's Agent

Robyn Rosen

Compass Florida LLC License #3286614

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,875

Year Built

  • Built in 2007

Lot Details

  • 1

HOA Fees

  • $3,640 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,129 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entrance Foyer
  • Family Room
  • Den
  • Closed Circuit Camera
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 06434721070003030

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, security, trash, water
  • Meridian Subdivision

Amenities

  • Doorman
  • Sauna
  • Billiard Room
  • Business Center
  • Bike Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,875

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3,640 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Exit east on Palmetto turn left at SE Wavecrest Way into Meridian entrance.
  • Year Built: 2007
  • Architectural Style: Mediterranean
  • Entry Level: 303
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Entrance Foyer, Elevator, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Wood
  • Living Area: 3129.0
  • Dining Room Type: Den, Family Room
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Security: Closed Circuit Camera(s), Door Man
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 3640.0
  • Community Features: Gated, Property Manager On-Site, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Business Center, Fitness Center, Management, Pool, Sauna, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Security, Trash, Water

Lot Info

  • Parcel #: 06434721070003030
  • Zoning Description: 4160

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 24875.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Sep 27, 2024
Sold by
Marwil Jeff
Bought by
Reisel Jason and Reisel Robyn
Seller's Agent
Elliot Koolik
Compass Florida LLC
Buyer's Agent
Robyn Rosen
Compass Florida LLC
List Price
$2,650,000
Sold Price
$1,725,000
Premium/Discount to List
-$925,000
-34.91%
Views
113
Current Estimated Value
$1,802,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,143
Avg. Annual Appreciation
4.47%
Original Mortgage
$999,000
Outstanding Balance
$988,498
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$813,645

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jun 30, 2021
Sold by
Baronoff Peter
Bought by
Marwil Jeff
Seller's Agent
Tali Israel
Coldwell Banker
Buyer's Agent
Linda Shai
Century Max Realty Inc.
List Price
$1,750,000
Sold Price
$1,575,000
Premium/Discount to List
-$175,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$1,102,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2013
Sold by
Baronoff Peter and Baronoff Malinda S
Bought by
Baronoff Peter R

Purchase Details

Closed on
Nov 19, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Baronoff Peter

Purchase Details

Closed on
Jul 15, 2010
Sold by
Oddo Jack A and Mortgage Electronic Registrati
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 9, 2007
Sold by
One North Ocean Llc
Bought by
Oddo Jack A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold 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
Reisel Jason $1,725,000 None Listed On Document
Marwil Jeff $1,575,000 Attorneys Signature Ttl Pllc
Baronoff Peter R -- Attorney
Baronoff Peter $800,000 Attorney
Deutsche Bank National Trust Company $300,100 None Available
Oddo Jack A $1,300,000 Investors Realty Residential
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reisel Jason $999,000
Previous Owner Marwil Jeff $1,102,500
Previous Owner Oddo Jack A $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $1,725,000 -13.5% $551 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $1,995,000 -13.1% $638 / Sq Ft
03/15/2024 03/15/24 Price Changed $2,295,000 -4.2% $733 / Sq Ft
02/16/2024 02/16/24 Price Changed $2,395,000 -9.6% $765 / Sq Ft
01/13/2024 01/13/24 For Sale $2,650,000 +68.3% $847 / Sq Ft
06/30/2021 06/30/21 Sold $1,575,000 -10.0% $503 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $1,750,000 0.0% $559 / Sq Ft
09/01/2016 09/01/16 Rented $7,500 -4.5% --
08/02/2016 08/02/16 Under Contract -- -- --
08/25/2015 08/25/15 For Rent $7,850 -- --
Source: BeachesMLS

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 $24,666 $1,475,150 -- --
2023 $24,875 $1,475,150 $0 $1,475,150
2022 $24,453 $1,378,000 $0 $0
2021 $20,555 $1,125,000 $0 $1,125,000
2020 $19,201 $1,050,000 $0 $1,050,000
2019 $18,640 $1,025,000 $0 $1,025,000
2018 $16,154 $925,000 $0 $925,000
2017 $14,660 $800,000 $0 $0
2016 $15,947 $850,000 $0 $0
2015 $15,530 $800,000 $0 $0
2014 $14,750 $750,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10949933

BeachesMLS

APN: 06-43-47-21-07-000-3030