NOT LISTED FOR SALE

1 N Ocean Blvd Unit 407 Boca Raton, FL 33432

Boca Raton Riviera Neighborhood

Estimated Value: $2,340,000 - $2,751,000

3 Beds
4.5 Baths
3,759 Sq Ft
$3,807/mo HOA Fee

Last Sold July 19, 2021

Last sale price $1,725,000 $459 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $19,435/month

87 Days on Market

Highlights

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

About This Home

As of July 2021

PRIVATE ELEVATOR ENTRY INTO THE MOST SPACIOUS WRAPAROUND CORNER WITH GREAT OCEAN VIEWS AT THE MERIDIAN ON OCEAN BOULEVARD. BOUTIQUE BUILDING WITH AMAZING STAFF AND SERVICES. STUNNING LOBBY, CLUB ROOM, FITNESS CENTER, MEDIA ROOM AND GAMES ROOM THAT HAVE JUST BEEN REDECORATED. ELEVATOR OPENS DIRECTLY INTO YOUR HOME. 10' CEILINGS IN VERY SPACIOUS ROOMS WHICH OPEN TO 4 PRIVATE BALCONIES WITH OCEAN AND CITY VIEWS. SPLIT BEDROOM PLAN WITH FABULOUS MASTER SUITE WITH DUAL BATHS, DOUBLE WALK IN CLOSETS AND BALCONY WITH OCEAN VIEWS. GOURMET KITCHEN WITH GAS RANGE, SUB ZERO REFRIGERATOR, WINE COOLER, WOLF OVENS AND SNACK BAR THAT OPENS TO LARGE FAMILY ROOM. MEDIA ROOM/DEN/OFFICE WITH BAR. ACCESS TO BEACH PARK AND MILES OF SANDY BEACHES. CLOSE TO SHOPS AND RESTAURANTS ON PALMETTO PK RD. 2 GARAGE SPACE

Last Agent to Sell the Property

Scot Karp

Premier Estate Properties Inc License #408963 Listed on: 03/23/2021

Last Buyer's Agent

Pat Smith

Douglas Elliman License #3363775

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,230

Year Built

  • Built in 2007

Lot Details

  • 1

HOA Fees

  • $3,807 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean
  • Garden

Interior Spaces

  • 3,759 Sq Ft Home
  • Wet Bar
  • Bar
  • High Ceiling
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434721070004070

Community Details

Overview

  • Association fees include management, cable TV, insurance, legal/accounting, pest control, pool(s), recreation facilities, reserve fund, roof, sewer, security, trash, water
  • 31 Units
  • High-Rise Condominium
  • Meridian Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,230

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3,807 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A AT PALMETTO PARK ROAD
  • Year Built: 2007
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Living Area: 3759.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 5
  • Window Features: Blinds, Impact Glass, Metal, Single Hung, Sliding

Exterior Features

  • View: Garden, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Closed Circuit Camera(s), Door Man, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3807.0
  • Community Features: Game Room, Non-Gated, Park, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Management, Pool, Sauna, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434721070004070
  • Zoning Description: CONDO

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 28230.0

Multi Family

  • Number Of Units In Community: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2022
Sold by
Davis James Thomas and Davis Michelle Marie
Bought by
Alves Robert S and Alves Heayong
Current Estimated Value
$2,525,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,999
Outstanding Balance
$1,445,469
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$1,306,305

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jul 19, 2021
Sold by
Toha Martin
Bought by
Davis James T
Seller's Agent
Scot Karp
Premier Estate Properties Inc
Buyer's Agent
Pat Smith
Douglas Elliman
List Price
$1,795,000
Sold Price
$1,725,000
Premium/Discount to List
-$70,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
Mar 12, 2007
Sold by
One North Ocean Llc
Bought by
Toha Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Alves Robert S $2,300,000 --
Davis James T $1,725,000 Attorney
Toha Martin $2,550,000 Investors Realty Residential
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alves Robert S $1,499,999
Previous Owner Toha Martin $2,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $1,725,000 -3.9% $459 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $1,795,000 -- $478 / Sq Ft
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 $26,872 $1,604,819 -- --
2023 $33,943 $1,963,000 $0 $1,963,000
2022 $30,968 $1,749,000 $0 $0
2021 $30,035 $1,650,000 $0 $1,650,000
2020 $28,230 $1,550,000 $0 $1,550,000
2019 $28,118 $1,500,000 $0 $1,500,000
2018 $25,091 $1,400,000 $0 $1,400,000
2017 $23,684 $1,300,000 $0 $0
2016 $24,121 $1,270,500 $0 $0
2015 $22,490 $1,155,000 $0 $0
2014 $20,576 $1,050,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Scot Karp

    Premier Estate Properties Inc

    (561) 394-7700

    1 in this area

    146 Total Sales

    Scot Karp
    Section Image
  • Pat Smith

    Buyer's Agent in 2021

    Pat Smith

    Douglas Elliman

    (561) 247-3158

    1 in this area

    38 Total Sales

    Pat Smith
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10702168

BeachesMLS

APN: 06-43-47-21-07-000-4070

Florida Palm Beach County Boca Raton 33432 Boca Raton Riviera

1 N Ocean Blvd Unit 407, Boca Raton, FL

This home is located at 1 N Ocean Blvd Unit 407, Boca Raton, FL 33432 since 23 March 2021 and is currently estimated at $2,525,342, approximately $671 per square foot. This property was built in 2007. 1 N Ocean Blvd Unit 407 is a home located in Palm Beach County with nearby schools including J. C. Mitchell Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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